QBCOM: 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.
QBCOM
Largest movements
- Tangible fixed assets +€7,658
up €7,658 (+155.7%), from €4,920 to €12,578
of which Other tangible fixed assets: +€7,403
- Cash +€6,007
up €6,007 (+220.1%), from €2,730 to €8,736
mainly Net result for the year (+€15,418) and Depreciation (+€1,994)
- Receivables within one year +€3,111
up €3,111 (+12.9%), from €24,046 to €27,157
of which Other amounts receivable: +€9,301
- Reserves +€15,418
up €15,418 (+85.8%), from €17,962 to €33,380
- Tax, wage and social debts +€1,766
up €1,766 (+15.7%), from €11,251 to €13,017
- Depreciation +€775
up €775 (+63.6%), from €1,219 to €1,994
- Financial income +€647
up €647 (+281.5%), from €230 to €877
- Gross operating margin -€424
down €424 (-1.6%), from €26,440 to €26,017
- Other operating charges +€363
up €363 (+78.0%), from €465 to €827
- Financial charges -€343
down €343 (-8.5%), from €4,051 to €3,708
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 | €32,450 | €49,616 | +€17,166 | +52.9% |
| Fixed assets | 21/28 | €5,370 | €13,028 | +€7,658 | +142.6% |
| Tangible fixed assets | 22/27 | €4,920 | €12,578 | +€7,658 | +155.7% |
| Plant, machinery and equipment | 23 | €2,036 | €2,785 | +€748 | +36.8% |
| Furniture and vehicles | 24 | €1,645 | €1,152 | -€493 | -30.0% |
| Other tangible fixed assets | 26 | €1,238 | €8,641 | +€7,403 | +598.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €27,080 | €36,588 | +€9,507 | +35.1% |
| Amounts receivable within one year | 40/41 | €24,046 | €27,157 | +€3,111 | +12.9% |
| Trade receivables | 40 | €16,457 | €10,267 | -€6,190 | -37.6% |
| Other amounts receivable | 41 | €7,589 | €16,890 | +€9,301 | +122.6% |
| Cash at bank and in hand | 54/58 | €2,730 | €8,736 | +€6,007 | +220.1% |
| Deferred charges and accrued income | 490/1 | €305 | €694 | +€390 | +127.9% |
| Total equity and liabilities | 10/49 | €32,450 | €49,616 | +€17,166 | +52.9% |
| Equity | 10/15 | €19,962 | €35,380 | +€15,418 | +77.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,962 | €33,380 | +€15,418 | +85.8% |
| Distributable reserves | 133 | €17,962 | €33,380 | +€15,418 | +85.8% |
| Amounts payable | 17/49 | €12,488 | €14,236 | +€1,748 | +14.0% |
| Amounts payable within one year | 42/48 | €12,488 | €14,236 | +€1,748 | +14.0% |
| Trade debts | 44 | €1,237 | €1,218 | -€18 | -1.5% |
| Suppliers | 440/4 | €1,237 | €1,218 | -€18 | -1.5% |
| Taxes, remuneration and social security | 45 | €11,251 | €13,017 | +€1,766 | +15.7% |
| Taxes | 450/3 | €11,251 | €13,017 | +€1,766 | +15.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €1,994 | +€775 | +63.6% |
| Other operating charges | 640/8 | €465 | €827 | +€363 | +78.0% |
| Gross operating margin | 9900 | €26,440 | €26,017 | -€424 | -1.6% |
| Operating profit (loss) | 9901 | €24,757 | €23,195 | -€1,561 | -6.3% |
| Financial income | 75/76B | €230 | €877 | +€647 | +281.5% |
| Recurring financial income | 75 | €230 | €877 | +€647 | +281.5% |
| Financial charges | 65/66B | €4,051 | €3,708 | -€343 | -8.5% |
| Recurring financial charges | 65 | €4,051 | €3,708 | -€343 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €20,936 | €20,365 | -€571 | -2.7% |
| Income taxes | 67/77 | €4,757 | €4,947 | +€190 | +4.0% |
| Profit (loss) for the period | 9904 | €16,179 | €15,418 | -€762 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,179 | €15,418 | -€762 | -4.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.