Qaly Development: what changed
Two fiscal 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.
Qaly Development
Largest movements
- Cash -€4,741
down €4,741 (-21.0%), from €22,525 to €17,784
mainly Net result for the year (-€3,362) and Trade debts (-€1,511)
- Profit (loss) carried forward -€3,362
down €3,362 (-0.7%), from -€495,857 to -€499,219
- Trade debts -€1,511
down €1,511 (-62.5%), from €2,419 to €908
- Gross operating margin +€281,001
up €281,001 (+99.3%), from -€282,974 to -€1,973
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 | €35,618 | €30,746 | -€4,873 | -13.7% |
| Current assets | 29/58 | €35,618 | €30,746 | -€4,873 | -13.7% |
| Amounts receivable within one year | 40/41 | €13,094 | €12,962 | -€132 | -1.0% |
| Other amounts receivable | 41 | €13,094 | €12,962 | -€132 | -1.0% |
| Cash at bank and in hand | 54/58 | €22,525 | €17,784 | -€4,741 | -21.0% |
| Total equity and liabilities | 10/49 | €35,618 | €30,746 | -€4,873 | -13.7% |
| Equity | 10/15 | -€325,857 | -€329,219 | -€3,362 | -1.0% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€495,857 | -€499,219 | -€3,362 | -0.7% |
| Amounts payable | 17/49 | €361,476 | €359,964 | -€1,511 | -0.4% |
| Amounts payable after more than one year | 17 | €359,057 | €359,057 | = | 0.0% |
| Financial debts | 170/4 | €359,057 | €359,057 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,419 | €908 | -€1,511 | -62.5% |
| Trade debts | 44 | €2,419 | €908 | -€1,511 | -62.5% |
| Suppliers | 440/4 | €2,419 | €908 | -€1,511 | -62.5% |
| Other operating charges | 640/8 | €1,132 | €1,118 | -€13 | -1.2% |
| Gross operating margin | 9900 | -€282,974 | -€1,973 | +€281,001 | +99.3% |
| Operating profit (loss) | 9901 | -€284,106 | -€3,092 | +€281,014 | +98.9% |
| Financial charges | 65/66B | €511 | €270 | -€241 | -47.1% |
| Recurring financial charges | 65 | €511 | €270 | -€241 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€284,617 | -€3,362 | +€281,255 | +98.8% |
| Profit (loss) for the period | 9904 | -€284,617 | -€3,362 | +€281,255 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€284,617 | -€3,362 | +€281,255 | +98.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.