QA PROVIDING: 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.
QA PROVIDING
Largest movements
- Cash +€35,825
up €35,825 (+46.3%), from €77,420 to €113,245
mainly Net result for the year (+€15,823) and Depreciation (+€12,375)
- Intangible fixed assets -€11,580
down €11,580 (-55.3%), from €20,926 to €9,346
- Stocks and contracts -€3,902
down €3,902 (-34.4%), from €11,348 to €7,446
- Profit (loss) carried forward +€14,990
up €14,990 (+43.2%), from €34,671 to €49,662
- Trade debts -€5,392
down €5,392 (-74.1%), from €7,275 to €1,883
- Other debts +€5,311
up €5,311 (+8.2%), from €64,553 to €69,864
- Tax, wage and social debts +€3,491
up €3,491 (+49.1%), from €7,111 to €10,603
of which Taxes: +€3,484
- Gross operating margin -€16,415
down €16,415 (-29.9%), from €54,821 to €38,406
- Financial charges +€4,570
up €4,570 (+6,003%), from €76 to €4,646
- Depreciation -€3,507
down €3,507 (-22.1%), from €15,882 to €12,375
- Taxes -€1,693
down €1,693 (-24.4%), from €6,943 to €5,250
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 | €133,611 | €152,012 | +€18,401 | +13.8% |
| Fixed assets | 21/28 | €25,866 | €13,491 | -€12,375 | -47.8% |
| Intangible fixed assets | 21 | €20,926 | €9,346 | -€11,580 | -55.3% |
| Tangible fixed assets | 22/27 | €1,897 | €1,101 | -€796 | -41.9% |
| Furniture and vehicles | 24 | €1,897 | €1,101 | -€796 | -41.9% |
| Financial fixed assets | 28 | €3,043 | €3,043 | = | 0.0% |
| Current assets | 29/58 | €107,745 | €138,521 | +€30,776 | +28.6% |
| Stocks and contracts in progress | 3 | €11,348 | €7,446 | -€3,902 | -34.4% |
| Stocks | 30/36 | €11,348 | €7,446 | -€3,902 | -34.4% |
| Amounts receivable within one year | 40/41 | €18,977 | €17,830 | -€1,147 | -6.0% |
| Trade receivables | 40 | €14,920 | €13,773 | -€1,147 | -7.7% |
| Other amounts receivable | 41 | €4,057 | €4,057 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €77,420 | €113,245 | +€35,825 | +46.3% |
| Total equity and liabilities | 10/49 | €133,611 | €152,012 | +€18,401 | +13.8% |
| Equity | 10/15 | €54,671 | €69,662 | +€14,990 | +27.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,671 | €49,662 | +€14,990 | +43.2% |
| Amounts payable | 17/49 | €78,940 | €82,350 | +€3,410 | +4.3% |
| Amounts payable within one year | 42/48 | €78,940 | €82,350 | +€3,410 | +4.3% |
| Trade debts | 44 | €7,275 | €1,883 | -€5,392 | -74.1% |
| Suppliers | 440/4 | €7,275 | €1,883 | -€5,392 | -74.1% |
| Taxes, remuneration and social security | 45 | €7,111 | €10,603 | +€3,491 | +49.1% |
| Taxes | 450/3 | €5,442 | €8,927 | +€3,484 | +64.0% |
| Remuneration and social security | 454/9 | €1,669 | €1,676 | +€7 | +0.4% |
| Other amounts payable | 47/48 | €64,553 | €69,864 | +€5,311 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,882 | €12,375 | -€3,507 | -22.1% |
| Other operating charges | 640/8 | €653 | €311 | -€342 | -52.4% |
| Gross operating margin | 9900 | €54,821 | €38,406 | -€16,415 | -29.9% |
| Operating profit (loss) | 9901 | €38,286 | €25,719 | -€12,567 | -32.8% |
| Financial charges | 65/66B | €76 | €4,646 | +€4,570 | +6,003% |
| Recurring financial charges | 65 | €76 | €4,646 | +€4,570 | +6,003% |
| Profit (loss) for the period before taxes | 9903 | €38,210 | €21,073 | -€17,137 | -44.8% |
| Income taxes | 67/77 | €6,943 | €5,250 | -€1,693 | -24.4% |
| Profit (loss) for the period | 9904 | €31,267 | €15,823 | -€15,444 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,267 | €15,823 | -€15,444 | -49.4% |
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 24 October 2026 via checked.be.