QDLV CONSULT: 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.
QDLV CONSULT
Largest movements
- Cash +€111,482
up €111,482 (+142.3%), from €78,317 to €189,798
mainly Net result for the year (+€172,220) and Tax, wage and social debts (+€39,047)
- Receivables within one year +€102,927
up €102,927 (+181.2%), from €56,792 to €159,719
of which Other amounts receivable: +€73,192
- Reserves +€172,220
up €172,220 (+180.4%), from €95,440 to €267,660
- Tax, wage and social debts +€39,047
up €39,047 (+101.3%), from €38,560 to €77,607
of which Taxes: +€40,054
- Trade debts +€4,234
up €4,234 (+1362.1%), from €311 to €4,545
- Gross operating margin +€113,781
up €113,781 (+98.0%), from €116,115 to €229,896
- Taxes +€30,583
up €30,583 (+125.5%), from €24,368 to €54,951
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 | €139,839 | €352,720 | +€212,881 | +152.2% |
| Fixed assets | 21/28 | €4,730 | €3,203 | -€1,527 | -32.3% |
| Tangible fixed assets | 22/27 | €4,730 | €3,203 | -€1,527 | -32.3% |
| Furniture and vehicles | 24 | €4,730 | €3,203 | -€1,527 | -32.3% |
| Current assets | 29/58 | €135,109 | €349,517 | +€214,408 | +158.7% |
| Amounts receivable within one year | 40/41 | €56,792 | €159,719 | +€102,927 | +181.2% |
| Trade receivables | 40 | €52,316 | €82,050 | +€29,734 | +56.8% |
| Other amounts receivable | 41 | €4,476 | €77,669 | +€73,192 | +1635.1% |
| Cash at bank and in hand | 54/58 | €78,317 | €189,798 | +€111,482 | +142.3% |
| Total equity and liabilities | 10/49 | €139,839 | €352,720 | +€212,881 | +152.2% |
| Equity | 10/15 | €97,940 | €270,160 | +€172,220 | +175.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €95,440 | €267,660 | +€172,220 | +180.4% |
| Distributable reserves | 133 | €95,440 | €267,660 | +€172,220 | +180.4% |
| Amounts payable | 17/49 | €41,899 | €82,560 | +€40,661 | +97.0% |
| Amounts payable within one year | 42/48 | €41,899 | €82,152 | +€40,253 | +96.1% |
| Current portion of amounts payable after more than one year | 42 | €1,685 | - | -€1,685 | |
| Trade debts | 44 | €311 | €4,545 | +€4,234 | +1362.1% |
| Suppliers | 440/4 | €311 | €4,545 | +€4,234 | +1362.1% |
| Taxes, remuneration and social security | 45 | €38,560 | €77,607 | +€39,047 | +101.3% |
| Taxes | 450/3 | €26,645 | €66,698 | +€40,054 | +150.3% |
| Remuneration and social security | 454/9 | €11,915 | €10,909 | -€1,007 | -8.4% |
| Other amounts payable | 47/48 | €1,343 | - | -€1,343 | |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €1,527 | +€579 | +61.1% |
| Other operating charges | 640/8 | - | €6 | +€6 | |
| Gross operating margin | 9900 | €116,115 | €229,896 | +€113,781 | +98.0% |
| Operating profit (loss) | 9901 | €115,167 | €228,363 | +€113,196 | +98.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,055 | €1,195 | +€140 | +13.3% |
| Recurring financial charges | 65 | €1,055 | €1,195 | +€140 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €114,112 | €227,170 | +€113,058 | +99.1% |
| Income taxes | 67/77 | €24,368 | €54,951 | +€30,583 | +125.5% |
| Profit (loss) for the period | 9904 | €89,744 | €172,220 | +€82,476 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,744 | €172,220 | +€82,476 | +91.9% |
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.