Q & O Cie: 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 & O Cie
Largest movements
- Receivables within one year -€23,984
down €23,984 (-7.9%), from €305,518 to €281,534
of which Other amounts receivable: -€33,245
- Tangible fixed assets -€19,564
down €19,564 (-8.8%), from €221,599 to €202,035
of which Furniture and vehicles: -€12,684
- Cash +€14,734
up €14,734 (+456%), from €3,231 to €17,965
mainly Depreciation (+€26,963) and Receivables within one year (+€23,984)
- Reserves -€19,542
down €19,542 (-5.3%), from €372,107 to €352,565
of which Distributable reserves: -€19,542
- Debts after one year -€12,601
down €12,601 (-19.7%), from €63,861 to €51,260
- Gross operating margin -€19,206
down €19,206 (-31.5%), from €61,038 to €41,832
- Taxes -€12,972
down €12,972 (-47.3%), from €27,439 to €14,468
- Depreciation -€1,352
down €1,352 (-4.8%), from €28,315 to €26,963
- Financial income -€1,328
down €1,328 (-8.9%), from €14,880 to €13,552
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €540,248 | €511,435 | -€28,813 | -5.3% |
| Fixed assets | 21/28 | €231,499 | €211,935 | -€19,564 | -8.5% |
| Tangible fixed assets | 22/27 | €221,599 | €202,035 | -€19,564 | -8.8% |
| Land and buildings | 22 | €144,265 | €137,723 | -€6,543 | -4.5% |
| Plant, machinery and equipment | 23 | €7,863 | €7,527 | -€337 | -4.3% |
| Furniture and vehicles | 24 | €69,470 | €56,786 | -€12,684 | -18.3% |
| Financial fixed assets | 28 | €9,900 | €9,900 | = | 0.0% |
| Current assets | 29/58 | €308,749 | €299,499 | -€9,249 | -3.0% |
| Amounts receivable within one year | 40/41 | €305,518 | €281,534 | -€23,984 | -7.9% |
| Trade receivables | 40 | €12,964 | €22,225 | +€9,261 | +71.4% |
| Other amounts receivable | 41 | €292,554 | €259,309 | -€33,245 | -11.4% |
| Cash at bank and in hand | 54/58 | €3,231 | €17,965 | +€14,734 | +456% |
| Total equity and liabilities | 10/49 | €540,248 | €511,435 | -€28,813 | -5.3% |
| Equity | 10/15 | €390,707 | €371,165 | -€19,542 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €372,107 | €352,565 | -€19,542 | -5.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €370,247 | €350,705 | -€19,542 | -5.3% |
| Amounts payable | 17/49 | €149,541 | €140,270 | -€9,271 | -6.2% |
| Amounts payable after more than one year | 17 | €63,861 | €51,260 | -€12,601 | -19.7% |
| Financial debts | 170/4 | €63,861 | €51,260 | -€12,601 | -19.7% |
| Amounts payable within one year | 42/48 | €85,680 | €89,010 | +€3,330 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €12,408 | €12,601 | +€192 | +1.6% |
| Trade debts | 44 | - | €719 | +€719 | |
| Suppliers | 440/4 | - | €719 | +€719 | |
| Taxes, remuneration and social security | 45 | €43,271 | €45,690 | +€2,418 | +5.6% |
| Taxes | 450/3 | €43,271 | €45,690 | +€2,418 | +5.6% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,315 | €26,963 | -€1,352 | -4.8% |
| Other operating charges | 640/8 | €1,492 | €1,663 | +€171 | +11.5% |
| Gross operating margin | 9900 | €61,038 | €41,832 | -€19,206 | -31.5% |
| Operating profit (loss) | 9901 | €31,231 | €13,206 | -€18,025 | -57.7% |
| Financial income | 75/76B | €14,880 | €13,552 | -€1,328 | -8.9% |
| Recurring financial income | 75 | €14,880 | €13,552 | -€1,328 | -8.9% |
| Financial charges | 65/66B | €1,670 | €1,833 | +€163 | +9.7% |
| Recurring financial charges | 65 | €1,670 | €1,833 | +€163 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €44,441 | €24,925 | -€19,516 | -43.9% |
| Income taxes | 67/77 | €27,439 | €14,468 | -€12,972 | -47.3% |
| Profit (loss) for the period | 9904 | €17,002 | €10,458 | -€6,544 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,002 | €10,458 | -€6,544 | -38.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.