Q-Future: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Q-Future
Largest movements
- Receivables within one year -€49,788
down €49,788 (-73.1%), from €68,121 to €18,333
of which Other amounts receivable: -€50,814
- Cash -€13,910
down €13,910 (-25.5%), from €54,513 to €40,603
mainly Contributions, distributions and other (-€131,294) and Tax, wage and social debts (-€11,418)
- Tangible fixed assets -€3,544
down €3,544 (-35.2%), from €10,065 to €6,521
of which Furniture and vehicles: -€1,931
- Deferred charges and accrued income -€3,243
down €3,243 (-30.7%), from €10,565 to €7,321
- Profit (loss) carried forward -€105,849
down €105,849 (-99.6%), from €106,294 to €445
- Other debts +€43,858
new in 2025: €43,858
- Tax, wage and social debts -€11,418
down €11,418 (-35.5%), from €32,176 to €20,758
of which Taxes: -€14,018
- Trade debts +€2,749
up €2,749 (+66.7%), from €4,123 to €6,871
- Gross operating margin -€11,095
down €11,095 (-20.1%), from €55,131 to €44,036
- Financial income -€2,988
down €2,988 (-100%), from €2,988 to €0
- Taxes -€2,326
down €2,326 (-22.5%), from €10,346 to €8,020
- Other operating charges -€781
down €781 (-51.5%), from €1,516 to €735
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,592 | €73,932 | -€70,660 | -48.9% |
| Fixed assets | 21/28 | €11,393 | €7,675 | -€3,718 | -32.6% |
| Intangible fixed assets | 21 | €1,329 | €1,154 | -€174 | -13.1% |
| Tangible fixed assets | 22/27 | €10,065 | €6,521 | -€3,544 | -35.2% |
| Plant, machinery and equipment | 23 | €4,234 | €2,621 | -€1,613 | -38.1% |
| Furniture and vehicles | 24 | €5,830 | €3,899 | -€1,931 | -33.1% |
| Current assets | 29/58 | €133,199 | €66,257 | -€66,941 | -50.3% |
| Amounts receivable within one year | 40/41 | €68,121 | €18,333 | -€49,788 | -73.1% |
| Trade receivables | 40 | €14,307 | €15,333 | +€1,026 | +7.2% |
| Other amounts receivable | 41 | €53,814 | €3,000 | -€50,814 | -94.4% |
| Cash at bank and in hand | 54/58 | €54,513 | €40,603 | -€13,910 | -25.5% |
| Deferred charges and accrued income | 490/1 | €10,565 | €7,321 | -€3,243 | -30.7% |
| Total equity and liabilities | 10/49 | €144,592 | €73,932 | -€70,660 | -48.9% |
| Equity | 10/15 | €108,294 | €2,445 | -€105,849 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,294 | €445 | -€105,849 | -99.6% |
| Amounts payable | 17/49 | €36,298 | €71,488 | +€35,189 | +96.9% |
| Amounts payable within one year | 42/48 | €36,298 | €71,488 | +€35,189 | +96.9% |
| Trade debts | 44 | €4,123 | €6,871 | +€2,749 | +66.7% |
| Suppliers | 440/4 | €4,123 | €6,871 | +€2,749 | +66.7% |
| Taxes, remuneration and social security | 45 | €32,176 | €20,758 | -€11,418 | -35.5% |
| Taxes | 450/3 | €32,176 | €18,158 | -€14,018 | -43.6% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | - | €43,858 | +€43,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,575 | €5,880 | +€306 | +5.5% |
| Other operating charges | 640/8 | €1,516 | €735 | -€781 | -51.5% |
| Gross operating margin | 9900 | €55,131 | €44,036 | -€11,095 | -20.1% |
| Operating profit (loss) | 9901 | €48,040 | €37,421 | -€10,619 | -22.1% |
| Financial income | 75/76B | €2,988 | €0 | -€2,988 | -100% |
| Recurring financial income | 75 | €2,988 | €0 | -€2,988 | -100% |
| Financial charges | 65/66B | €3,812 | €3,956 | +€144 | +3.8% |
| Recurring financial charges | 65 | €3,812 | €3,956 | +€144 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €47,216 | €33,465 | -€13,751 | -29.1% |
| Income taxes | 67/77 | €10,346 | €8,020 | -€2,326 | -22.5% |
| Profit (loss) for the period | 9904 | €36,870 | €25,445 | -€11,426 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,870 | €25,445 | -€11,426 | -31.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.