QD Consult: 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.
QD Consult
Largest movements
- Cash +€21,543
up €21,543 (+317.9%), from €6,778 to €28,321
mainly Net result for the year (+€19,511) and Tax, wage and social debts (+€8,470)
- Receivables within one year +€5,747
up €5,747 (+731.6%), from €785 to €6,532
of which Trade receivables: +€5,927
- Tangible fixed assets +€1,984
up €1,984 (+171.9%), from €1,154 to €3,139
- Profit (loss) carried forward +€19,511
up €19,511 (+400.6%), from €4,870 to €24,381
- Tax, wage and social debts +€8,470
up €8,470 (+628.8%), from €1,347 to €9,818
- Trade debts +€1,205
new in 2025: €1,205
- Gross operating margin +€19,597
up €19,597 (+300.3%), from €6,526 to €26,123
- Taxes +€4,380
up €4,380 (+325.1%), from €1,347 to €5,727
- Other operating charges +€349
new in 2025: €349
From the 28-02-2025 result to the 31-12-2025 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 28-02-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 28-02-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,718 | €37,992 | +€29,274 | +335.8% |
| Fixed assets | 21/28 | €1,154 | €3,139 | +€1,984 | +171.9% |
| Tangible fixed assets | 22/27 | €1,154 | €3,139 | +€1,984 | +171.9% |
| Furniture and vehicles | 24 | €1,154 | €3,139 | +€1,984 | +171.9% |
| Current assets | 29/58 | €7,563 | €34,853 | +€27,290 | +360.8% |
| Amounts receivable within one year | 40/41 | €785 | €6,532 | +€5,747 | +731.6% |
| Trade receivables | 40 | €605 | €6,532 | +€5,927 | +979.7% |
| Other amounts receivable | 41 | €180 | - | -€180 | |
| Cash at bank and in hand | 54/58 | €6,778 | €28,321 | +€21,543 | +317.9% |
| Total equity and liabilities | 10/49 | €8,718 | €37,992 | +€29,274 | +335.8% |
| Equity | 10/15 | €7,370 | €26,881 | +€19,511 | +264.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,870 | €24,381 | +€19,511 | +400.6% |
| Amounts payable | 17/49 | €1,347 | €11,110 | +€9,763 | +724.7% |
| Amounts payable within one year | 42/48 | €1,347 | €11,110 | +€9,763 | +724.7% |
| Trade debts | 44 | - | €1,205 | +€1,205 | |
| Suppliers | 440/4 | - | €1,205 | +€1,205 | |
| Taxes, remuneration and social security | 45 | €1,347 | €9,818 | +€8,470 | +628.8% |
| Taxes | 450/3 | €1,347 | €9,818 | +€8,470 | +628.8% |
| Other amounts payable | 47/48 | - | €87 | +€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €435 | +€187 | +75.8% |
| Other operating charges | 640/8 | - | €349 | +€349 | |
| Gross operating margin | 9900 | €6,526 | €26,123 | +€19,597 | +300.3% |
| Operating profit (loss) | 9901 | €6,279 | €25,339 | +€19,061 | +303.6% |
| Financial charges | 65/66B | €61 | €101 | +€40 | +65.6% |
| Recurring financial charges | 65 | €61 | €101 | +€40 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €6,218 | €25,238 | +€19,021 | +305.9% |
| Income taxes | 67/77 | €1,347 | €5,727 | +€4,380 | +325.1% |
| Profit (loss) for the period | 9904 | €4,870 | €19,511 | +€14,641 | +300.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,870 | €19,511 | +€14,641 | +300.6% |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.