QFISH: 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.
QFISH
Largest movements
- Receivables within one year +€4,587
up €4,587 (+2.1%), from €213,802 to €218,389
- Trade debts +€2,828
up €2,828 (+15.4%), from €18,411 to €21,239
- Other debts +€2,317
up €2,317 (+5.0%), from €46,321 to €48,638
- Gross operating margin -€2,755
down €2,755, from €518 to -€2,237
- Taxes -€661
down €661 (-80.8%), from €818 to €157
- Financial charges -€242
down €242 (-20.4%), from €1,190 to €948
- Financial income +€84
up €84 (+2.0%), from €4,192 to €4,276
- Other operating charges +€60
up €60 (+13.1%), from €457 to €516
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,988 | €221,575 | +€4,587 | +2.1% |
| Fixed assets | 21/28 | €3,100 | €3,100 | = | 0.0% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €213,888 | €218,475 | +€4,587 | +2.1% |
| Amounts receivable within one year | 40/41 | €213,802 | €218,389 | +€4,587 | +2.1% |
| Other amounts receivable | 41 | €213,802 | €218,389 | +€4,587 | +2.1% |
| Cash at bank and in hand | 54/58 | €86 | €86 | = | 0.0% |
| Total equity and liabilities | 10/49 | €216,988 | €221,575 | +€4,587 | +2.1% |
| Equity | 10/15 | €150,136 | €150,554 | +€418 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,640 | €122,640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,780 | €120,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,896 | €9,314 | +€418 | +4.7% |
| Amounts payable | 17/49 | €66,852 | €71,021 | +€4,169 | +6.2% |
| Amounts payable within one year | 42/48 | €66,852 | €71,021 | +€4,169 | +6.2% |
| Trade debts | 44 | €18,411 | €21,239 | +€2,828 | +15.4% |
| Suppliers | 440/4 | €18,411 | €21,239 | +€2,828 | +15.4% |
| Taxes, remuneration and social security | 45 | €2,120 | €1,144 | -€976 | -46.0% |
| Taxes | 450/3 | €2,120 | €1,144 | -€976 | -46.0% |
| Other amounts payable | 47/48 | €46,321 | €48,638 | +€2,317 | +5.0% |
| Other operating charges | 640/8 | €457 | €516 | +€60 | +13.1% |
| Gross operating margin | 9900 | €518 | -€2,237 | -€2,755 | |
| Operating profit (loss) | 9901 | €61 | -€2,754 | -€2,815 | |
| Financial income | 75/76B | €4,192 | €4,276 | +€84 | +2.0% |
| Recurring financial income | 75 | €4,192 | €4,276 | +€84 | +2.0% |
| Financial charges | 65/66B | €1,190 | €948 | -€242 | -20.4% |
| Recurring financial charges | 65 | €1,190 | €948 | -€242 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €3,064 | €575 | -€2,489 | -81.2% |
| Income taxes | 67/77 | €818 | €157 | -€661 | -80.8% |
| Profit (loss) for the period | 9904 | €2,246 | €418 | -€1,828 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,246 | €418 | -€1,828 | -81.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.