Q'S CONSULTING: 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'S CONSULTING
Largest movements
- Receivables within one year +€100,493
up €100,493 (+248%), from €40,516 to €141,008
of which Other amounts receivable: +€71,680
- Current investments -€40,270
down €40,270 (-25.6%), from €157,118 to €116,848
- Tangible fixed assets -€30,803
down €30,803 (-4.8%), from €646,237 to €615,434
of which Land and buildings: -€29,868
- Cash +€10,113
up €10,113 (+38.8%), from €26,096 to €36,209
mainly Net result for the year (+€52,465) and Depreciation (+€41,790)
- Reserves +€52,465
up €52,465 (+16.1%), from €326,339 to €378,805
- Debts after one year -€22,225
down €22,225 (-4.9%), from €449,112 to €426,888
of which Financial debts: -€22,225
- Gross operating margin +€28,234
up €28,234 (+26.9%), from €104,945 to €133,180
- Financial charges -€13,462
down €13,462 (-43.5%), from €30,918 to €17,456
- Taxes +€9,037
up €9,037 (+54.4%), from €16,617 to €25,654
- Financial income +€4,717
up €4,717 (+83.3%), from €5,661 to €10,378
- Depreciation +€2,519
up €2,519 (+6.4%), from €39,271 to €41,790
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 | €876,528 | €916,167 | +€39,639 | +4.5% |
| Fixed assets | 21/28 | €651,312 | €620,509 | -€30,803 | -4.7% |
| Tangible fixed assets | 22/27 | €646,237 | €615,434 | -€30,803 | -4.8% |
| Land and buildings | 22 | €621,305 | €591,437 | -€29,868 | -4.8% |
| Plant, machinery and equipment | 23 | €806 | €1,351 | +€545 | +67.7% |
| Furniture and vehicles | 24 | €24,126 | €22,645 | -€1,481 | -6.1% |
| Financial fixed assets | 28 | €5,075 | €5,075 | = | 0.0% |
| Current assets | 29/58 | €225,216 | €295,658 | +€70,442 | +31.3% |
| Amounts receivable within one year | 40/41 | €40,516 | €141,008 | +€100,493 | +248% |
| Trade receivables | 40 | €40,516 | €69,329 | +€28,813 | +71.1% |
| Other amounts receivable | 41 | - | €71,680 | +€71,680 | |
| Current investments | 50/53 | €157,118 | €116,848 | -€40,270 | -25.6% |
| Cash at bank and in hand | 54/58 | €26,096 | €36,209 | +€10,113 | +38.8% |
| Deferred charges and accrued income | 490/1 | €1,487 | €1,593 | +€107 | +7.2% |
| Total equity and liabilities | 10/49 | €876,528 | €916,167 | +€39,639 | +4.5% |
| Equity | 10/15 | €344,939 | €397,405 | +€52,465 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €326,339 | €378,805 | +€52,465 | +16.1% |
| Distributable reserves | 133 | €326,339 | €378,805 | +€52,465 | +16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €531,588 | €518,762 | -€12,826 | -2.4% |
| Amounts payable after more than one year | 17 | €449,112 | €426,888 | -€22,225 | -4.9% |
| Financial debts | 170/4 | €448,087 | €425,863 | -€22,225 | -5.0% |
| Other amounts payable | 178/9 | €1,025 | €1,025 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,726 | €90,025 | +€9,299 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €22,282 | €22,487 | +€205 | +0.9% |
| Financial debts | 43 | - | €4,398 | +€4,398 | |
| Credit institutions | 430/8 | - | €4,398 | +€4,398 | |
| Trade debts | 44 | €4,493 | €3,377 | -€1,116 | -24.8% |
| Suppliers | 440/4 | €4,493 | €3,377 | -€1,116 | -24.8% |
| Taxes, remuneration and social security | 45 | €53,134 | €59,763 | +€6,628 | +12.5% |
| Taxes | 450/3 | €53,134 | €59,763 | +€6,628 | +12.5% |
| Other amounts payable | 47/48 | €816 | €0 | -€816 | -100% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,850 | +€100 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,271 | €41,790 | +€2,519 | +6.4% |
| Other operating charges | 640/8 | €6,060 | €6,192 | +€132 | +2.2% |
| Gross operating margin | 9900 | €104,945 | €133,180 | +€28,234 | +26.9% |
| Operating profit (loss) | 9901 | €59,614 | €85,198 | +€25,584 | +42.9% |
| Financial income | 75/76B | €5,661 | €10,378 | +€4,717 | +83.3% |
| Recurring financial income | 75 | €5,661 | €10,378 | +€4,717 | +83.3% |
| Financial charges | 65/66B | €30,918 | €17,456 | -€13,462 | -43.5% |
| Recurring financial charges | 65 | €30,918 | €17,456 | -€13,462 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €34,357 | €78,120 | +€43,762 | +127% |
| Income taxes | 67/77 | €16,617 | €25,654 | +€9,037 | +54.4% |
| Profit (loss) for the period | 9904 | €17,740 | €52,465 | +€34,725 | +196% |
| Profit (loss) for the period to be appropriated | 9905 | €17,740 | €52,465 | +€34,725 | +196% |
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 25 October 2026 via checked.be.