Qaliber: 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.
Qaliber
Largest movements
- Cash +€26,268
up €26,268 (+56.6%), from €46,376 to €72,644
mainly Net result for the year (+€40,959) and Depreciation (+€3,748)
- Receivables within one year +€4,582
up €4,582 (+15.2%), from €30,146 to €34,728
- Tangible fixed assets +€2,118
up €2,118 (+27.1%), from €7,804 to €9,922
of which Plant, machinery and equipment: +€2,726
- Deferred charges and accrued income +€1,890
up €1,890 (+68.3%), from €2,768 to €4,658
- Reserves +€40,959
new in 2025: €40,959
- Tax, wage and social debts -€2,676
down €2,676 (-10.2%), from €26,327 to €23,650
of which Remuneration and social security: -€2,803
- Other debts -€2,151
down €2,151 (-73.9%), from €2,912 to €760
- Trade debts -€1,416
down €1,416 (-36.9%), from €3,834 to €2,418
- Gross operating margin -€4,646
down €4,646 (-6.9%), from €67,172 to €62,526
- Taxes +€3,221
up €3,221 (+24.1%), from €13,347 to €16,568
- Depreciation +€863
up €863 (+29.9%), from €2,884 to €3,748
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 | €87,252 | €121,952 | +€34,700 | +39.8% |
| Formation expenses | 20 | €157 | - | -€157 | |
| Fixed assets | 21/28 | €7,804 | €9,922 | +€2,118 | +27.1% |
| Tangible fixed assets | 22/27 | €7,804 | €9,922 | +€2,118 | +27.1% |
| Plant, machinery and equipment | 23 | €4,962 | €7,689 | +€2,726 | +54.9% |
| Furniture and vehicles | 24 | €2,842 | €2,234 | -€608 | -21.4% |
| Current assets | 29/58 | €79,290 | €112,030 | +€32,739 | +41.3% |
| Amounts receivable within one year | 40/41 | €30,146 | €34,728 | +€4,582 | +15.2% |
| Trade receivables | 40 | €30,146 | €34,728 | +€4,582 | +15.2% |
| Cash at bank and in hand | 54/58 | €46,376 | €72,644 | +€26,268 | +56.6% |
| Deferred charges and accrued income | 490/1 | €2,768 | €4,658 | +€1,890 | +68.3% |
| Total equity and liabilities | 10/49 | €87,252 | €121,952 | +€34,700 | +39.8% |
| Equity | 10/15 | €54,165 | €95,124 | +€40,959 | +75.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €40,959 | +€40,959 | |
| Distributable reserves | 133 | - | €40,959 | +€40,959 | |
| Profit (loss) carried forward | 14 | €49,165 | €49,165 | = | 0.0% |
| Amounts payable | 17/49 | €33,087 | €26,828 | -€6,259 | -18.9% |
| Amounts payable within one year | 42/48 | €33,072 | €26,828 | -€6,244 | -18.9% |
| Trade debts | 44 | €3,834 | €2,418 | -€1,416 | -36.9% |
| Suppliers | 440/4 | €3,834 | €2,418 | -€1,416 | -36.9% |
| Taxes, remuneration and social security | 45 | €26,327 | €23,650 | -€2,676 | -10.2% |
| Taxes | 450/3 | €23,523 | €23,650 | +€127 | +0.5% |
| Remuneration and social security | 454/9 | €2,803 | - | -€2,803 | |
| Other amounts payable | 47/48 | €2,912 | €760 | -€2,151 | -73.9% |
| Accrued charges and deferred income | 492/3 | €15 | - | -€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,884 | €3,748 | +€863 | +29.9% |
| Gross operating margin | 9900 | €67,172 | €62,526 | -€4,646 | -6.9% |
| Operating profit (loss) | 9901 | €64,288 | €58,778 | -€5,510 | -8.6% |
| Financial income | 75/76B | €1 | €18 | +€17 | +2,493% |
| Recurring financial income | 75 | €1 | €18 | +€17 | +2,493% |
| Financial charges | 65/66B | €1,776 | €1,269 | -€507 | -28.6% |
| Recurring financial charges | 65 | €1,776 | €1,269 | -€507 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €62,512 | €57,527 | -€4,985 | -8.0% |
| Income taxes | 67/77 | €13,347 | €16,568 | +€3,221 | +24.1% |
| Profit (loss) for the period | 9904 | €49,165 | €40,959 | -€8,206 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,165 | €40,959 | -€8,206 | -16.7% |
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 14 October 2026 via checked.be.