QARemedy: 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.
QARemedy
Largest movements
- Receivables within one year +€27,620
up €27,620 (+86.9%), from €31,788 to €59,408
of which Trade receivables: +€17,592
- Tangible fixed assets +€24,370
up €24,370 (+80.1%), from €30,419 to €54,789
of which Other tangible fixed assets: +€18,576
- Cash -€14,746
down €14,746 (-100%), from €14,746 to €0
mainly Investment in fixed assets (net) (-€37,172) and Receivables within one year (-€27,620)
- Reserves +€16,327
up €16,327 (+35.0%), from €46,679 to €63,006
of which Distributable reserves: +€16,327
- Tax, wage and social debts +€11,006
up €11,006 (+118%), from €9,315 to €20,321
of which Remuneration and social security: +€6,143
- Short-term financial debts +€5,392
up €5,392 (+62.0%), from €8,701 to €14,093
- Trade debts +€1,758
up €1,758 (+47.9%), from €3,670 to €5,429
- Current portion of long-term debt +€1,500
up €1,500 (+60.0%), from €2,500 to €4,000
- Gross operating margin +€12,439
up €12,439 (+36.1%), from €34,482 to €46,921
- Financial charges +€3,996
up €3,996 (+110%), from €3,621 to €7,617
- Depreciation +€2,091
up €2,091 (+19.5%), from €10,711 to €12,802
- Taxes +€850
up €850 (+10.0%), from €8,486 to €9,336
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 | €78,859 | €115,455 | +€36,596 | +46.4% |
| Fixed assets | 21/28 | €30,419 | €54,789 | +€24,370 | +80.1% |
| Tangible fixed assets | 22/27 | €30,419 | €54,789 | +€24,370 | +80.1% |
| Land and buildings | 22 | - | €7,946 | +€7,946 | |
| Plant, machinery and equipment | 23 | €1,338 | €2,829 | +€1,491 | +111% |
| Furniture and vehicles | 24 | €3,915 | €273 | -€3,642 | -93.0% |
| Other tangible fixed assets | 26 | €25,166 | €43,742 | +€18,576 | +73.8% |
| Current assets | 29/58 | €48,440 | €60,666 | +€12,226 | +25.2% |
| Amounts receivable within one year | 40/41 | €31,788 | €59,408 | +€27,620 | +86.9% |
| Trade receivables | 40 | €13,642 | €31,234 | +€17,592 | +129% |
| Other amounts receivable | 41 | €18,146 | €28,175 | +€10,029 | +55.3% |
| Cash at bank and in hand | 54/58 | €14,746 | €0 | -€14,746 | -100% |
| Deferred charges and accrued income | 490/1 | €1,906 | €1,258 | -€648 | -34.0% |
| Total equity and liabilities | 10/49 | €78,859 | €115,455 | +€36,596 | +46.4% |
| Equity | 10/15 | €52,879 | €69,206 | +€16,327 | +30.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,679 | €63,006 | +€16,327 | +35.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €44,819 | €61,146 | +€16,327 | +36.4% |
| Amounts payable | 17/49 | €25,979 | €46,249 | +€20,269 | +78.0% |
| Amounts payable within one year | 42/48 | €24,186 | €43,843 | +€19,657 | +81.3% |
| Current portion of amounts payable after more than one year | 42 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Financial debts | 43 | €8,701 | €14,093 | +€5,392 | +62.0% |
| Credit institutions | 430/8 | €8,701 | €14,093 | +€5,392 | +62.0% |
| Trade debts | 44 | €3,670 | €5,429 | +€1,758 | +47.9% |
| Suppliers | 440/4 | €3,670 | €5,429 | +€1,758 | +47.9% |
| Taxes, remuneration and social security | 45 | €9,315 | €20,321 | +€11,006 | +118% |
| Taxes | 450/3 | €8,681 | €13,544 | +€4,863 | +56.0% |
| Remuneration and social security | 454/9 | €634 | €6,777 | +€6,143 | +969% |
| Accrued charges and deferred income | 492/3 | €1,793 | €2,406 | +€613 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,711 | €12,802 | +€2,091 | +19.5% |
| Other operating charges | 640/8 | €1,195 | €840 | -€355 | -29.7% |
| Gross operating margin | 9900 | €34,482 | €46,921 | +€12,439 | +36.1% |
| Operating profit (loss) | 9901 | €22,576 | €33,280 | +€10,703 | +47.4% |
| Financial income | 75/76B | €26 | €0 | -€26 | -100% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -100% |
| Financial charges | 65/66B | €3,621 | €7,617 | +€3,996 | +110% |
| Recurring financial charges | 65 | €3,621 | €7,617 | +€3,996 | +110% |
| Profit (loss) for the period before taxes | 9903 | €18,981 | €25,662 | +€6,682 | +35.2% |
| Income taxes | 67/77 | €8,486 | €9,336 | +€850 | +10.0% |
| Profit (loss) for the period | 9904 | €10,495 | €16,327 | +€5,832 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,495 | €16,327 | +€5,832 | +55.6% |
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 22 October 2026 via checked.be.