QALANDAR: 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.
QALANDAR
Largest movements
- Stocks and contracts -€12,580
down €12,580 (-11.6%), from €108,418 to €95,838
- Receivables within one year -€6,998
down €6,998 (-73.8%), from €9,476 to €2,478
- Cash +€2,547
up €2,547 (+44.5%), from €5,726 to €8,273
mainly Stocks and contracts (+€12,580) and Receivables within one year (+€6,998)
- Tax, wage and social debts -€22,249
down €22,249 (-91.4%), from €24,332 to €2,083
of which Taxes: -€20,405
- Profit (loss) carried forward +€5,258
up €5,258 (+17.1%), from €30,689 to €35,947
- Other debts -€3,042
down €3,042 (-5.7%), from €53,786 to €50,744
- Trade debts +€3,002
up €3,002 (+25.8%), from €11,648 to €14,650
- Gross operating margin -€1,291
down €1,291 (-14.5%), from €8,899 to €7,608
- Taxes -€337
down €337 (-16.1%), from €2,090 to €1,753
- Other operating charges +€102
up €102 (+24.5%), from €417 to €519
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 | €127,120 | €110,089 | -€17,031 | -13.4% |
| Fixed assets | 21/28 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €123,620 | €106,589 | -€17,031 | -13.8% |
| Stocks and contracts in progress | 3 | €108,418 | €95,838 | -€12,580 | -11.6% |
| Stocks | 30/36 | €108,418 | €95,838 | -€12,580 | -11.6% |
| Amounts receivable within one year | 40/41 | €9,476 | €2,478 | -€6,998 | -73.8% |
| Trade receivables | 40 | €9,476 | €2,478 | -€6,998 | -73.8% |
| Cash at bank and in hand | 54/58 | €5,726 | €8,273 | +€2,547 | +44.5% |
| Total equity and liabilities | 10/49 | €127,120 | €110,089 | -€17,031 | -13.4% |
| Equity | 10/15 | €37,354 | €42,612 | +€5,258 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €465 | €465 | = | 0.0% |
| Non-distributable reserves | 130/1 | €465 | €465 | = | 0.0% |
| Reserves not available under the articles | 1311 | €465 | €465 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,689 | €35,947 | +€5,258 | +17.1% |
| Amounts payable | 17/49 | €89,766 | €67,477 | -€22,289 | -24.8% |
| Amounts payable within one year | 42/48 | €89,766 | €67,477 | -€22,289 | -24.8% |
| Trade debts | 44 | €11,648 | €14,650 | +€3,002 | +25.8% |
| Suppliers | 440/4 | €11,648 | €14,650 | +€3,002 | +25.8% |
| Taxes, remuneration and social security | 45 | €24,332 | €2,083 | -€22,249 | -91.4% |
| Taxes | 450/3 | €22,488 | €2,083 | -€20,405 | -90.7% |
| Remuneration and social security | 454/9 | €1,844 | - | -€1,844 | |
| Other amounts payable | 47/48 | €53,786 | €50,744 | -€3,042 | -5.7% |
| Other operating charges | 640/8 | €417 | €519 | +€102 | +24.5% |
| Gross operating margin | 9900 | €8,899 | €7,608 | -€1,291 | -14.5% |
| Operating profit (loss) | 9901 | €8,482 | €7,089 | -€1,393 | -16.4% |
| Financial charges | 65/66B | €138 | €78 | -€60 | -43.5% |
| Recurring financial charges | 65 | €138 | €78 | -€60 | -43.5% |
| Non-recurring financial charges | 66B | - | €78 | +€78 | |
| Profit (loss) for the period before taxes | 9903 | €8,344 | €7,011 | -€1,333 | -16.0% |
| Income taxes | 67/77 | €2,090 | €1,753 | -€337 | -16.1% |
| Profit (loss) for the period | 9904 | €6,254 | €5,258 | -€996 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,254 | €5,258 | -€996 | -15.9% |
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 20 October 2026 via checked.be.