Q-Services: 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-Services
Largest movements
- Cash +€353,124
up €353,124 (+64.4%), from €547,938 to €901,062
mainly Net result for the year (+€353,622) and Depreciation (+€41,359)
- Reserves +€329,622
up €329,622 (+11.8%), from €2.8m to €3.1m
of which Distributable reserves: +€329,622
- Gross operating margin -€142,176
down €142,176 (-20.7%), from €688,134 to €545,958
- Taxes -€41,163
down €41,163 (-21.3%), from €193,261 to €152,098
- Depreciation -€9,888
down €9,888 (-19.3%), from €51,247 to €41,359
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 | €3,042,664 | €3,381,668 | +€339,004 | +11.1% |
| Fixed assets | 21/28 | €1,220,459 | €1,190,184 | -€30,275 | -2.5% |
| Tangible fixed assets | 22/27 | €1,220,459 | €1,190,184 | -€30,275 | -2.5% |
| Land and buildings | 22 | €1,220,459 | €1,190,184 | -€30,275 | -2.5% |
| Current assets | 29/58 | €1,822,204 | €2,191,484 | +€369,279 | +20.3% |
| Amounts receivable within one year | 40/41 | €626,203 | €636,886 | +€10,683 | +1.7% |
| Trade receivables | 40 | €617,065 | €581,386 | -€35,679 | -5.8% |
| Other amounts receivable | 41 | €9,138 | €55,501 | +€46,362 | +507% |
| Current investments | 50/53 | €648,063 | €653,397 | +€5,333 | +0.8% |
| Cash at bank and in hand | 54/58 | €547,938 | €901,062 | +€353,124 | +64.4% |
| Deferred charges and accrued income | 490/1 | - | €139 | +€139 | |
| Total equity and liabilities | 10/49 | €3,042,664 | €3,381,668 | +€339,004 | +11.1% |
| Equity | 10/15 | €2,821,112 | €3,150,734 | +€329,622 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,795,071 | €3,124,693 | +€329,622 | +11.8% |
| 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 | €2,793,211 | €3,122,833 | +€329,622 | +11.8% |
| Profit (loss) carried forward | 14 | €7,441 | €7,441 | = | 0.0% |
| Amounts payable | 17/49 | €221,552 | €230,934 | +€9,381 | +4.2% |
| Amounts payable after more than one year | 17 | €105,085 | €81,208 | -€23,877 | -22.7% |
| Financial debts | 170/4 | €105,085 | €81,208 | -€23,877 | -22.7% |
| Amounts payable within one year | 42/48 | €116,467 | €149,726 | +€33,258 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €21,769 | €23,877 | +€2,108 | +9.7% |
| Taxes, remuneration and social security | 45 | €70,699 | €101,849 | +€31,150 | +44.1% |
| Taxes | 450/3 | €70,699 | €101,849 | +€31,150 | +44.1% |
| Other amounts payable | 47/48 | €24,000 | €24,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,247 | €41,359 | -€9,888 | -19.3% |
| Other operating charges | 640/8 | €5,724 | €6,088 | +€363 | +6.3% |
| Gross operating margin | 9900 | €688,134 | €545,958 | -€142,176 | -20.7% |
| Operating profit (loss) | 9901 | €631,163 | €498,511 | -€132,651 | -21.0% |
| Financial income | 75/76B | €3,418 | €8,686 | +€5,268 | +154% |
| Recurring financial income | 75 | €3,418 | €8,686 | +€5,268 | +154% |
| Financial charges | 65/66B | €1,735 | €1,477 | -€258 | -14.9% |
| Recurring financial charges | 65 | €1,735 | €1,477 | -€258 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €632,846 | €505,720 | -€127,125 | -20.1% |
| Income taxes | 67/77 | €193,261 | €152,098 | -€41,163 | -21.3% |
| Profit (loss) for the period | 9904 | €439,585 | €353,622 | -€85,962 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €439,585 | €353,622 | -€85,962 | -19.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.