Q-TECHNICIANS: 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-TECHNICIANS
Largest movements
- Cash +€48,685
up €48,685 (+39.5%), from €123,298 to €171,983
mainly Net result for the year (+€118,393) and Depreciation (+€22,700)
- Receivables within one year +€44,535
up €44,535 (+16.7%), from €266,979 to €311,514
of which Trade receivables: +€27,064
- Tangible fixed assets -€16,809
down €16,809 (-47.5%), from €35,407 to €18,598
of which Furniture and vehicles: -€16,140
- Stocks and contracts +€9,536
new in 2025: €9,536
- Reserves +€118,393
up €118,393 (+44.7%), from €265,138 to €383,531
- Current portion of long-term debt -€36,170
down €36,170 (-84.5%), from €42,819 to €6,650
- Trade debts +€11,898
up €11,898 (+13.3%), from €89,433 to €101,331
- Debts after one year -€6,650
no longer reported in 2025 (was €6,650)
- Provisions +€26,549
no longer reported in 2025 (was -€26,549)
- Gross operating margin +€12,848
up €12,848 (+6.8%), from €188,579 to €201,427
- Write-downs +€9,589
up €9,589 (+138%), from €6,956 to €16,545
- Taxes -€4,669
down €4,669 (-10.8%), from €43,068 to €38,399
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 | €465,831 | €550,682 | +€84,851 | +18.2% |
| Fixed assets | 21/28 | €37,207 | €19,498 | -€17,709 | -47.6% |
| Tangible fixed assets | 22/27 | €35,407 | €18,598 | -€16,809 | -47.5% |
| Plant, machinery and equipment | 23 | €5,628 | €4,960 | -€669 | -11.9% |
| Furniture and vehicles | 24 | €29,778 | €13,638 | -€16,140 | -54.2% |
| Financial fixed assets | 28 | €1,800 | €900 | -€900 | -50.0% |
| Current assets | 29/58 | €428,624 | €531,183 | +€102,560 | +23.9% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €9,536 | +€9,536 | |
| Stocks | 30/36 | - | €9,536 | +€9,536 | |
| Amounts receivable within one year | 40/41 | €266,979 | €311,514 | +€44,535 | +16.7% |
| Trade receivables | 40 | €264,186 | €291,249 | +€27,064 | +10.2% |
| Other amounts receivable | 41 | €2,793 | €20,265 | +€17,472 | +626% |
| Cash at bank and in hand | 54/58 | €123,298 | €171,983 | +€48,685 | +39.5% |
| Deferred charges and accrued income | 490/1 | €3,347 | €3,150 | -€197 | -5.9% |
| Total equity and liabilities | 10/49 | €465,831 | €550,682 | +€84,851 | +18.2% |
| Equity | 10/15 | €277,538 | €395,931 | +€118,393 | +42.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €265,138 | €383,531 | +€118,393 | +44.7% |
| Distributable reserves | 133 | €265,138 | €383,531 | +€118,393 | +44.7% |
| Amounts payable | 17/49 | €188,293 | €154,750 | -€33,543 | -17.8% |
| Amounts payable after more than one year | 17 | €6,650 | - | -€6,650 | |
| Financial debts | 170/4 | €6,650 | - | -€6,650 | |
| Amounts payable within one year | 42/48 | €181,643 | €154,750 | -€26,893 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €42,819 | €6,650 | -€36,170 | -84.5% |
| Financial debts | 43 | €743 | - | -€743 | |
| Other loans | 439 | €743 | - | -€743 | |
| Trade debts | 44 | €89,433 | €101,331 | +€11,898 | +13.3% |
| Suppliers | 440/4 | €89,433 | €101,331 | +€11,898 | +13.3% |
| Taxes, remuneration and social security | 45 | €47,819 | €46,770 | -€1,049 | -2.2% |
| Taxes | 450/3 | €46,513 | €46,770 | +€256 | +0.6% |
| Remuneration and social security | 454/9 | €1,305 | - | -€1,305 | |
| Other amounts payable | 47/48 | €830 | - | -€830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,106 | €22,700 | +€1,594 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,956 | €16,545 | +€9,589 | +138% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€26,549 | - | +€26,549 | |
| Other operating charges | 640/8 | €3,383 | €3,004 | -€379 | -11.2% |
| Non-recurring operating charges | 66A | - | €1,497 | +€1,497 | |
| Gross operating margin | 9900 | €188,579 | €201,427 | +€12,848 | +6.8% |
| Operating profit (loss) | 9901 | €183,683 | €157,681 | -€26,002 | -14.2% |
| Financial income | 75/76B | €1,308 | €2,486 | +€1,178 | +90.0% |
| Recurring financial income | 75 | €1,308 | €2,486 | +€1,178 | +90.0% |
| Financial charges | 65/66B | €5,021 | €3,374 | -€1,646 | -32.8% |
| Recurring financial charges | 65 | €5,021 | €3,374 | -€1,646 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €179,971 | €156,792 | -€23,179 | -12.9% |
| Income taxes | 67/77 | €43,068 | €38,399 | -€4,669 | -10.8% |
| Profit (loss) for the period | 9904 | €136,903 | €118,393 | -€18,510 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €136,903 | €118,393 | -€18,510 | -13.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.