QBQUITY: 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.
QBQUITY
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€149,066
up €149,066 (+250.7%), from €59,449 to €208,515
- Profit (loss) carried forward -€140,913
no longer reported in 2025 (was €140,913)
- Tax, wage and social debts -€10,770
down €10,770 (-77.0%), from €13,987 to €3,216
- Gross operating margin -€79,929
no longer reported in 2025 (was €79,929)
- Taxes -€16,399
no longer reported in 2025 (was €16,399)
- Financial income -€3,254
no longer reported in 2025 (was €3,254)
- Depreciation -€1,322
no longer reported in 2025 (was €1,322)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,154 | €230,754 | -€2,400 | -1.0% |
| Fixed assets | 21/28 | €7,831 | €6,663 | -€1,168 | -14.9% |
| Tangible fixed assets | 22/27 | €7,468 | €6,300 | -€1,168 | -15.6% |
| Furniture and vehicles | 24 | €1,468 | €1,050 | -€418 | -28.5% |
| Other tangible fixed assets | 26 | €6,000 | €5,250 | -€750 | -12.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €225,323 | €224,091 | -€1,232 | -0.5% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,053 | €12,923 | -€130 | -1.0% |
| Trade receivables | 40 | €13,053 | €12,923 | -€130 | -1.0% |
| Cash at bank and in hand | 54/58 | €111,497 | €110,899 | -€598 | -0.5% |
| Deferred charges and accrued income | 490/1 | €774 | €269 | -€504 | -65.2% |
| Total equity and liabilities | 10/49 | €233,154 | €230,754 | -€2,400 | -1.0% |
| Equity | 10/15 | €159,513 | €18,600 | -€140,913 | -88.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,913 | - | -€140,913 | |
| Amounts payable | 17/49 | €73,641 | €212,154 | +€138,514 | +188.1% |
| Amounts payable within one year | 42/48 | €73,641 | €212,154 | +€138,514 | +188.1% |
| Trade debts | 44 | €205 | €423 | +€218 | +106.4% |
| Suppliers | 440/4 | €205 | €423 | +€218 | +106.4% |
| Taxes, remuneration and social security | 45 | €13,987 | €3,216 | -€10,770 | -77.0% |
| Taxes | 450/3 | €13,987 | €3,216 | -€10,770 | -77.0% |
| Other amounts payable | 47/48 | €59,449 | €208,515 | +€149,066 | +250.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,322 | - | -€1,322 | |
| Other operating charges | 640/8 | €500 | - | -€500 | |
| Gross operating margin | 9900 | €79,929 | - | -€79,929 | |
| Operating profit (loss) | 9901 | €78,107 | - | -€78,107 | |
| Financial income | 75/76B | €3,254 | - | -€3,254 | |
| Recurring financial income | 75 | €3,254 | - | -€3,254 | |
| Financial charges | 65/66B | €210 | - | -€210 | |
| Recurring financial charges | 65 | €210 | - | -€210 | |
| Profit (loss) for the period before taxes | 9903 | €81,152 | - | -€81,152 | |
| Income taxes | 67/77 | €16,399 | - | -€16,399 | |
| Profit (loss) for the period | 9904 | €64,753 | - | -€64,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,753 | - | -€64,753 |
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 8 October 2026 via checked.be.