Q-PACT Consulting: what changed
Q-PACT Consulting
Largest movements
- Cash +€28,143
up €28,143 (+87.7%), from €32,076 to €60,219
mainly Net result for the year (+€58,714) and Receivables within one year (+€4,508)
- Receivables within one year -€4,508
down €4,508 (-27.0%), from €16,705 to €12,197
of which Other amounts receivable: -€4,000
- Tangible fixed assets +€1,488
up €1,488 (+949%), from €157 to €1,645
- Profit (loss) carried forward +€58,714
up €58,714, from -€48,134 to €10,580
- Other debts -€27,134
down €27,134 (-83.6%), from €32,448 to €5,314
- Reserves -€8,674
down €8,674 (-9.6%), from €90,524 to €81,851
- Trade debts +€1,774
up €1,774 (+101%), from €1,759 to €3,532
- Financial charges -€48,645
down €48,645 (-99.9%), from €48,690 to €45
of which Financial charges: -€24,584
- Gross operating margin +€48,423
up €48,423 (+427%), from €11,340 to €59,764
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,938 | €124,061 | +€25,122 | +25.4% |
| Fixed assets | 21/28 | €157 | €1,645 | +€1,488 | +949% |
| Tangible fixed assets | 22/27 | €157 | €1,645 | +€1,488 | +949% |
| Furniture and vehicles | 24 | €157 | €1,645 | +€1,488 | +949% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €98,781 | €122,416 | +€23,634 | +23.9% |
| Amounts receivable within one year | 40/41 | €16,705 | €12,197 | -€4,508 | -27.0% |
| Trade receivables | 40 | €12,705 | €12,197 | -€508 | -4.0% |
| Other amounts receivable | 41 | €4,000 | - | -€4,000 | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,076 | €60,219 | +€28,143 | +87.7% |
| Total equity and liabilities | 10/49 | €98,938 | €124,061 | +€25,122 | +25.4% |
| Equity | 10/15 | €54,790 | €104,831 | +€50,041 | +91.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €90,524 | €81,851 | -€8,674 | -9.6% |
| Distributable reserves | 133 | €90,524 | €81,851 | -€8,674 | -9.6% |
| Profit (loss) carried forward | 14 | -€48,134 | €10,580 | +€58,714 | |
| Amounts payable | 17/49 | €44,148 | €19,230 | -€24,918 | -56.4% |
| Amounts payable within one year | 42/48 | €44,148 | €19,230 | -€24,918 | -56.4% |
| Trade debts | 44 | €1,759 | €3,532 | +€1,774 | +101% |
| Suppliers | 440/4 | €1,759 | €3,532 | +€1,774 | +101% |
| Taxes, remuneration and social security | 45 | €9,942 | €10,384 | +€442 | +4.4% |
| Taxes | 450/3 | €7,242 | €7,612 | +€370 | +5.1% |
| Remuneration and social security | 454/9 | €2,700 | €2,772 | +€72 | +2.7% |
| Other amounts payable | 47/48 | €32,448 | €5,314 | -€27,134 | -83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €720 | €658 | -€62 | -8.6% |
| Other operating charges | 640/8 | €335 | €346 | +€11 | +3.2% |
| Gross operating margin | 9900 | €11,340 | €59,764 | +€48,423 | +427% |
| Operating profit (loss) | 9901 | €10,285 | €58,759 | +€48,474 | +471% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €48,690 | €45 | -€48,645 | -99.9% |
| Recurring financial charges | 65 | €24,629 | €45 | -€24,584 | -99.8% |
| Non-recurring financial charges | 66B | €24,061 | - | -€24,061 | |
| Profit (loss) for the period before taxes | 9903 | -€38,402 | €58,714 | +€97,117 | |
| Profit (loss) for the period | 9904 | -€38,402 | €58,714 | +€97,117 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,402 | €58,714 | +€97,117 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.