QBcle: 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.
QBcle
Largest movements
- Tangible fixed assets +€29,552
up €29,552 (+187.5%), from €15,765 to €45,318
of which Furniture and vehicles: +€30,957
- Cash +€15,104
up €15,104 (+229.6%), from €6,578 to €21,682
mainly Other debts (+€32,616) and Net result for the year (+€22,351)
- Receivables within one year +€10,497
up €10,497 (+96.9%), from €10,835 to €21,332
of which Trade receivables: +€8,817
- Deferred charges and accrued income +€1,581
up €1,581 (+115.5%), from €1,369 to €2,950
- Other debts +€32,616
up €32,616 (+216.4%), from €15,072 to €47,688
- Profit (loss) carried forward +€22,351
up €22,351 (+267.3%), from €8,360 to €30,711
- Trade debts +€1,426
up €1,426 (+140.7%), from €1,013 to €2,439
- Gross operating margin +€26,302
up €26,302 (+217.3%), from €12,103 to €38,405
- Taxes +€3,777
up €3,777 (+109.1%), from €3,461 to €7,238
- Depreciation +€2,277
up €2,277 (+55.1%), from €4,130 to €6,406
- Other operating charges +€2,220
up €2,220 (+3212.1%), from €69 to €2,289
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 | €34,547 | €91,282 | +€56,735 | +164.2% |
| Fixed assets | 21/28 | €15,765 | €45,318 | +€29,552 | +187.5% |
| Tangible fixed assets | 22/27 | €15,765 | €45,318 | +€29,552 | +187.5% |
| Furniture and vehicles | 24 | €12,219 | €43,177 | +€30,957 | +253.4% |
| Other tangible fixed assets | 26 | €3,546 | €2,141 | -€1,405 | -39.6% |
| Current assets | 29/58 | €18,781 | €45,964 | +€27,182 | +144.7% |
| Amounts receivable within one year | 40/41 | €10,835 | €21,332 | +€10,497 | +96.9% |
| Trade receivables | 40 | €9,680 | €18,497 | +€8,817 | +91.1% |
| Other amounts receivable | 41 | €1,155 | €2,835 | +€1,680 | +145.5% |
| Cash at bank and in hand | 54/58 | €6,578 | €21,682 | +€15,104 | +229.6% |
| Deferred charges and accrued income | 490/1 | €1,369 | €2,950 | +€1,581 | +115.5% |
| Total equity and liabilities | 10/49 | €34,547 | €91,282 | +€56,735 | +164.2% |
| Equity | 10/15 | €11,360 | €33,711 | +€22,351 | +196.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,360 | €30,711 | +€22,351 | +267.3% |
| Amounts payable | 17/49 | €23,186 | €57,570 | +€34,384 | +148.3% |
| Amounts payable within one year | 42/48 | €23,186 | €57,570 | +€34,384 | +148.3% |
| Trade debts | 44 | €1,013 | €2,439 | +€1,426 | +140.7% |
| Suppliers | 440/4 | €1,013 | €2,439 | +€1,426 | +140.7% |
| Taxes, remuneration and social security | 45 | €7,101 | €7,443 | +€342 | +4.8% |
| Taxes | 450/3 | €4,891 | €7,443 | +€2,552 | +52.2% |
| Remuneration and social security | 454/9 | €2,210 | - | -€2,210 | |
| Other amounts payable | 47/48 | €15,072 | €47,688 | +€32,616 | +216.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,130 | €6,406 | +€2,277 | +55.1% |
| Other operating charges | 640/8 | €69 | €2,289 | +€2,220 | +3212.1% |
| Gross operating margin | 9900 | €12,103 | €38,405 | +€26,302 | +217.3% |
| Operating profit (loss) | 9901 | €7,904 | €29,710 | +€21,805 | +275.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €224 | €122 | -€102 | -45.5% |
| Recurring financial charges | 65 | €224 | €122 | -€102 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €7,680 | €29,589 | +€21,909 | +285.3% |
| Income taxes | 67/77 | €3,461 | €7,238 | +€3,777 | +109.1% |
| Profit (loss) for the period | 9904 | €4,219 | €22,351 | +€18,132 | +429.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,219 | €22,351 | +€18,132 | +429.8% |
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 12 October 2026 via checked.be.