Q & V CONSULT: 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 & V CONSULT
Largest movements
- Cash -€18,517
down €18,517 (-57.4%), from €32,246 to €13,729
mainly Net result for the year (-€72,338) and Receivables within one year (-€12,944)
- Receivables within one year +€12,944
up €12,944 (+343%), from €3,778 to €16,721
of which Trade receivables: +€14,944
- Tangible fixed assets -€5,900
down €5,900 (-41.3%), from €14,273 to €8,373
- Profit (loss) carried forward -€72,338
new in 2025: -€72,338
- Other debts +€52,186
new in 2025: €52,186
- Tax, wage and social debts +€11,396
up €11,396 (+111%), from €10,253 to €21,649
of which Taxes: +€14,396
- Debts after one year -€1,558
no longer reported in 2025 (was €1,558)
- Current portion of long-term debt -€794
down €794 (-25.9%), from €3,065 to €2,271
- Gross operating margin -€78,114
down €78,114, from €13,278 to -€64,837
- Taxes -€2,615
down €2,615 (-91.3%), from €2,863 to €248
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 | €52,374 | €40,848 | -€11,526 | -22.0% |
| Fixed assets | 21/28 | €14,273 | €8,373 | -€5,900 | -41.3% |
| Tangible fixed assets | 22/27 | €14,273 | €8,373 | -€5,900 | -41.3% |
| Furniture and vehicles | 24 | €14,273 | €8,373 | -€5,900 | -41.3% |
| Current assets | 29/58 | €38,100 | €32,475 | -€5,626 | -14.8% |
| Amounts receivable within one year | 40/41 | €3,778 | €16,721 | +€12,944 | +343% |
| Trade receivables | 40 | - | €14,944 | +€14,944 | |
| Other amounts receivable | 41 | €3,778 | €1,778 | -€2,000 | -52.9% |
| Cash at bank and in hand | 54/58 | €32,246 | €13,729 | -€18,517 | -57.4% |
| Deferred charges and accrued income | 490/1 | €2,077 | €2,025 | -€52 | -2.5% |
| Total equity and liabilities | 10/49 | €52,374 | €40,848 | -€11,526 | -22.0% |
| Equity | 10/15 | €36,829 | -€35,509 | -€72,338 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | - | €12,400 | +€12,400 | |
| Issued capital | 100 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €24,429 | €24,429 | = | 0.0% |
| Distributable reserves | 133 | €24,429 | €24,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€72,338 | -€72,338 | |
| Amounts payable | 17/49 | €15,545 | €76,357 | +€60,813 | +391% |
| Amounts payable after more than one year | 17 | €1,558 | - | -€1,558 | |
| Other amounts payable | 178/9 | €1,558 | - | -€1,558 | |
| Amounts payable within one year | 42/48 | €13,319 | €76,357 | +€63,038 | +473% |
| Current portion of amounts payable after more than one year | 42 | €3,065 | €2,271 | -€794 | -25.9% |
| Trade debts | 44 | - | €251 | +€251 | |
| Suppliers | 440/4 | - | €251 | +€251 | |
| Taxes, remuneration and social security | 45 | €10,253 | €21,649 | +€11,396 | +111% |
| Taxes | 450/3 | €7,253 | €21,649 | +€14,396 | +198% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | - | €52,186 | +€52,186 | |
| Accrued charges and deferred income | 492/3 | €668 | - | -€668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,900 | €5,900 | = | 0.0% |
| Other operating charges | 640/8 | €1,158 | €1,191 | +€33 | +2.8% |
| Gross operating margin | 9900 | €13,278 | -€64,837 | -€78,114 | |
| Operating profit (loss) | 9901 | €6,219 | -€71,928 | -€78,147 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €546 | €162 | -€384 | -70.3% |
| Recurring financial charges | 65 | €546 | €162 | -€384 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €5,673 | -€72,090 | -€77,764 | |
| Income taxes | 67/77 | €2,863 | €248 | -€2,615 | -91.3% |
| Profit (loss) for the period | 9904 | €2,810 | -€72,338 | -€75,148 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,810 | -€72,338 | -€75,148 |
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 30 October 2026 via checked.be.