Q7Leader: 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.
Q7Leader
Largest movements
- Receivables within one year +€387,455
up €387,455 (+235.7%), from €164,399 to €551,854
of which Trade receivables: +€328,859
- Intangible fixed assets +€234,044
up €234,044 (+18.4%), from €1.3m to €1.5m
- Deferred charges and accrued income +€100,129
up €100,129 (+3463.8%), from €2,891 to €103,020
- Accrued charges and deferred income +€392,211
up €392,211 (+146.3%), from €268,099 to €660,310
- Debts after one year +€320,930
up €320,930 (+63.2%), from €508,070 to €829,000
- Trade debts +€63,966
up €63,966 (+26.8%), from €238,665 to €302,631
- Current portion of long-term debt +€52,289
up €52,289 (+32.5%), from €161,038 to €213,327
- Tax, wage and social debts -€39,010
down €39,010 (-27.2%), from €143,232 to €104,223
of which Remuneration and social security: -€86,838
- Depreciation +€139,831
up €139,831 (+40.9%), from €341,887 to €481,719
- Gross operating margin -€31,683
down €31,683 (-5.3%), from €593,129 to €561,446
- Staff costs -€16,356
down €16,356 (-20.7%), from €78,895 to €62,539
- Financial income +€15,569
new in 2025: €15,569
- Financial charges +€8,282
up €8,282 (+23.5%), from €35,214 to €43,495
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.
Cash bridge derived
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 | €1,461,232 | €2,234,379 | +€773,147 | +52.9% |
| Fixed assets | 21/28 | €1,274,405 | €1,522,818 | +€248,414 | +19.5% |
| Intangible fixed assets | 21 | €1,272,582 | €1,506,626 | +€234,044 | +18.4% |
| Tangible fixed assets | 22/27 | €1,823 | €1,192 | -€631 | -34.6% |
| Furniture and vehicles | 24 | €1,823 | €1,192 | -€631 | -34.6% |
| Financial fixed assets | 28 | €0 | €15,000 | +€15,000 | |
| Current assets | 29/58 | €186,828 | €711,561 | +€524,733 | +280.9% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €164,399 | €551,854 | +€387,455 | +235.7% |
| Trade receivables | 40 | €164,399 | €493,258 | +€328,859 | +200.0% |
| Other amounts receivable | 41 | - | €58,596 | +€58,596 | |
| Cash at bank and in hand | 54/58 | €19,538 | €41,687 | +€22,149 | +113.4% |
| Deferred charges and accrued income | 490/1 | €2,891 | €103,020 | +€100,129 | +3463.8% |
| Total equity and liabilities | 10/49 | €1,461,232 | €2,234,379 | +€773,147 | +52.9% |
| Equity | 10/15 | €142,128 | €124,889 | -€17,239 | -12.1% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €1,611 | €1,611 | = | 0.0% |
| Distributable reserves | 133 | €1,611 | €1,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,483 | -€56,723 | -€17,239 | -43.7% |
| Amounts payable | 17/49 | €1,319,104 | €2,109,490 | +€790,386 | +59.9% |
| Amounts payable after more than one year | 17 | €508,070 | €829,000 | +€320,930 | +63.2% |
| Financial debts | 170/4 | €508,070 | €829,000 | +€320,930 | +63.2% |
| Amounts payable within one year | 42/48 | €542,935 | €620,180 | +€77,245 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €161,038 | €213,327 | +€52,289 | +32.5% |
| Trade debts | 44 | €238,665 | €302,631 | +€63,966 | +26.8% |
| Suppliers | 440/4 | €238,665 | €302,631 | +€63,966 | +26.8% |
| Taxes, remuneration and social security | 45 | €143,232 | €104,223 | -€39,010 | -27.2% |
| Taxes | 450/3 | €8,010 | €55,838 | +€47,829 | +597.1% |
| Remuneration and social security | 454/9 | €135,223 | €48,384 | -€86,838 | -64.2% |
| Accrued charges and deferred income | 492/3 | €268,099 | €660,310 | +€392,211 | +146.3% |
| Remuneration, social security and pensions | 62 | €78,895 | €62,539 | -€16,356 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341,887 | €481,719 | +€139,831 | +40.9% |
| Other operating charges | 640/8 | €9,145 | €6,354 | -€2,791 | -30.5% |
| Gross operating margin | 9900 | €593,129 | €561,446 | -€31,683 | -5.3% |
| Operating profit (loss) | 9901 | €163,202 | €10,835 | -€152,367 | -93.4% |
| Financial income | 75/76B | - | €15,569 | +€15,569 | |
| Recurring financial income | 75 | - | €15,569 | +€15,569 | |
| Financial charges | 65/66B | €35,214 | €43,495 | +€8,282 | +23.5% |
| Recurring financial charges | 65 | €35,214 | €43,495 | +€8,282 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €127,989 | -€17,092 | -€145,080 | |
| Income taxes | 67/77 | - | €148 | +€148 | |
| Profit (loss) for the period | 9904 | €127,989 | -€17,239 | -€145,228 | |
| Profit (loss) for the period to be appropriated | 9905 | €127,989 | -€17,239 | -€145,228 |
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 12 October 2026 via checked.be.