QBS IT Services: 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.
QBS IT Services
Largest movements
- Cash +€23,092
up €23,092 (+325.7%), from €7,091 to €30,183
mainly Net result for the year (+€31,204) and Tax, wage and social debts (+€10,387)
- Receivables within one year -€9,409
down €9,409 (-86.2%), from €10,917 to €1,508
of which Trade receivables: -€10,351
- Tangible fixed assets -€5,338
down €5,338 (-13.6%), from €39,299 to €33,961
of which Other tangible fixed assets: -€4,110
- Tax, wage and social debts +€10,387
up €10,387 (+266.5%), from €3,897 to €14,285
- Other debts -€3,481
down €3,481 (-27.4%), from €12,706 to €9,225
- Profit (loss) carried forward +€2,704
up €2,704 (+7.8%), from €34,875 to €37,579
- Trade debts -€1,253
down €1,253 (-83.3%), from €1,504 to €251
- Gross operating margin +€10,730
up €10,730 (+23.0%), from €46,574 to €57,303
- Staff costs +€9,537
new in 2025: €9,537
- Depreciation +€792
up €792 (+17.4%), from €4,546 to €5,338
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 | €57,983 | €66,361 | +€8,378 | +14.4% |
| Fixed assets | 21/28 | €39,299 | €33,961 | -€5,338 | -13.6% |
| Tangible fixed assets | 22/27 | €39,299 | €33,961 | -€5,338 | -13.6% |
| Furniture and vehicles | 24 | €2,465 | €1,237 | -€1,228 | -49.8% |
| Other tangible fixed assets | 26 | €36,834 | €32,724 | -€4,110 | -11.2% |
| Current assets | 29/58 | €18,684 | €32,400 | +€13,716 | +73.4% |
| Amounts receivable within one year | 40/41 | €10,917 | €1,508 | -€9,409 | -86.2% |
| Trade receivables | 40 | €10,907 | €557 | -€10,351 | -94.9% |
| Other amounts receivable | 41 | €10 | €951 | +€941 | +9685.2% |
| Cash at bank and in hand | 54/58 | €7,091 | €30,183 | +€23,092 | +325.7% |
| Deferred charges and accrued income | 490/1 | €676 | €709 | +€33 | +4.9% |
| Total equity and liabilities | 10/49 | €57,983 | €66,361 | +€8,378 | +14.4% |
| Equity | 10/15 | €39,875 | €42,579 | +€2,704 | +6.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,875 | €37,579 | +€2,704 | +7.8% |
| Amounts payable | 17/49 | €18,107 | €23,782 | +€5,674 | +31.3% |
| Amounts payable within one year | 42/48 | €18,107 | €23,761 | +€5,654 | +31.2% |
| Trade debts | 44 | €1,504 | €251 | -€1,253 | -83.3% |
| Suppliers | 440/4 | €1,504 | €251 | -€1,253 | -83.3% |
| Taxes, remuneration and social security | 45 | €3,897 | €14,285 | +€10,387 | +266.5% |
| Taxes | 450/3 | €3,897 | €14,285 | +€10,387 | +266.5% |
| Other amounts payable | 47/48 | €12,706 | €9,225 | -€3,481 | -27.4% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Remuneration, social security and pensions | 62 | - | €9,537 | +€9,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,546 | €5,338 | +€792 | +17.4% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | €46,574 | €57,303 | +€10,730 | +23.0% |
| Operating profit (loss) | 9901 | €41,591 | €42,029 | +€438 | +1.1% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €1,373 | €1,366 | -€8 | -0.5% |
| Recurring financial charges | 65 | €1,373 | €1,366 | -€8 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €40,218 | €40,671 | +€453 | +1.1% |
| Income taxes | 67/77 | €8,981 | €9,467 | +€486 | +5.4% |
| Profit (loss) for the period | 9904 | €31,237 | €31,204 | -€33 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,237 | €31,204 | -€33 | -0.1% |
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 10 October 2026 via checked.be.