Q-nox: 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-nox
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€3,002
up €3,002 (+23.1%), from €13,016 to €16,019
of which Distributable reserves: +€3,002
- Trade debts -€1,386
down €1,386 (-87.6%), from €1,583 to €197
- Accrued charges and deferred income -€1,272
down €1,272 (-100%), from €1,272 to €0
- Other operating charges +€403
up €403 (+247%), from €163 to €566
- Gross operating margin +€201
up €201 (+4.2%), from €4,812 to €5,012
- Taxes -€65
down €65 (-4.4%), from €1,466 to €1,401
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 | €55,051 | €55,382 | +€331 | +0.6% |
| Fixed assets | 21/28 | €24,621 | €24,621 | = | 0.0% |
| Tangible fixed assets | 22/27 | €24,621 | €24,621 | = | 0.0% |
| Land and buildings | 22 | €24,621 | €24,621 | = | 0.0% |
| Current assets | 29/58 | €30,430 | €30,761 | +€331 | +1.1% |
| Amounts receivable within one year | 40/41 | €209 | €99 | -€109 | -52.5% |
| Other amounts receivable | 41 | €209 | €99 | -€109 | -52.5% |
| Cash at bank and in hand | 54/58 | €30,221 | €30,661 | +€440 | +1.5% |
| Total equity and liabilities | 10/49 | €55,051 | €55,382 | +€331 | +0.6% |
| Equity | 10/15 | €50,613 | €53,615 | +€3,002 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,016 | €16,019 | +€3,002 | +23.1% |
| Tax-exempt reserves | 132 | €4,784 | €4,784 | = | 0.0% |
| Distributable reserves | 133 | €8,232 | €11,234 | +€3,002 | +36.5% |
| Profit (loss) carried forward | 14 | €18,997 | €18,997 | = | 0.0% |
| Amounts payable | 17/49 | €4,438 | €1,766 | -€2,672 | -60.2% |
| Amounts payable within one year | 42/48 | €3,166 | €1,766 | -€1,400 | -44.2% |
| Trade debts | 44 | €1,583 | €197 | -€1,386 | -87.6% |
| Suppliers | 440/4 | €1,583 | €197 | -€1,386 | -87.6% |
| Taxes, remuneration and social security | 45 | €314 | €300 | -€14 | -4.4% |
| Taxes | 450/3 | €314 | €300 | -€14 | -4.4% |
| Other amounts payable | 47/48 | €1,269 | €1,269 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,272 | €0 | -€1,272 | -100% |
| Other operating charges | 640/8 | €163 | €566 | +€403 | +247% |
| Gross operating margin | 9900 | €4,812 | €5,012 | +€201 | +4.2% |
| Operating profit (loss) | 9901 | €4,648 | €4,446 | -€202 | -4.4% |
| Financial charges | 65/66B | €42 | €42 | +€0 | +0.9% |
| Recurring financial charges | 65 | €42 | €42 | +€0 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €4,606 | €4,403 | -€203 | -4.4% |
| Income taxes | 67/77 | €1,466 | €1,401 | -€65 | -4.4% |
| Profit (loss) for the period | 9904 | €3,141 | €3,002 | -€138 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,141 | €3,002 | -€138 | -4.4% |
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 23 October 2026 via checked.be.