Qhce Consulting: 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.
Qhce Consulting
Largest movements
- Cash +€49,768
up €49,768 (+96.8%), from €51,413 to €101,181
mainly Net result for the year (+€89,796) and Depreciation (+€24,359)
- Tangible fixed assets +€24,953
up €24,953 (+86.9%), from €28,716 to €53,668
of which Furniture and vehicles: +€20,637
- Profit (loss) carried forward +€34,796
up €34,796 (+44.4%), from €78,364 to €113,160
- Reserves +€25,000
up €25,000 (+50.0%), from €50,000 to €75,000
- Tax, wage and social debts +€13,027
up €13,027 (+19.8%), from €65,790 to €78,817
of which Remuneration and social security: +€8,244
- Gross operating margin +€53,813
up €53,813 (+57.6%), from €93,498 to €147,311
- Depreciation +€13,843
up €13,843 (+132%), from €10,516 to €24,359
- Taxes +€10,930
up €10,930 (+47.3%), from €23,102 to €34,032
- Other operating charges -€3,743
down €3,743 (-71.0%), from €5,274 to €1,532
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.
Derived cash bridge
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 | €220,175 | €293,455 | +€73,281 | +33.3% |
| Fixed assets | 21/28 | €39,709 | €63,162 | +€23,453 | +59.1% |
| Intangible fixed assets | 21 | €10,993 | €9,493 | -€1,500 | -13.6% |
| Tangible fixed assets | 22/27 | €28,716 | €53,668 | +€24,953 | +86.9% |
| Plant, machinery and equipment | 23 | €3,725 | €8,041 | +€4,316 | +116% |
| Furniture and vehicles | 24 | €24,991 | €45,627 | +€20,637 | +82.6% |
| Current assets | 29/58 | €180,466 | €230,294 | +€49,828 | +27.6% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,053 | €53,506 | -€547 | -1.0% |
| Trade receivables | 40 | €54,053 | €47,009 | -€7,045 | -13.0% |
| Other amounts receivable | 41 | - | €6,498 | +€6,498 | |
| Cash at bank and in hand | 54/58 | €51,413 | €101,181 | +€49,768 | +96.8% |
| Deferred charges and accrued income | 490/1 | - | €607 | +€607 | |
| Total equity and liabilities | 10/49 | €220,175 | €293,455 | +€73,281 | +33.3% |
| Equity | 10/15 | €153,364 | €213,160 | +€59,796 | +39.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €75,000 | +€25,000 | +50.0% |
| Distributable reserves | 133 | €50,000 | €75,000 | +€25,000 | +50.0% |
| Profit (loss) carried forward | 14 | €78,364 | €113,160 | +€34,796 | +44.4% |
| Amounts payable | 17/49 | €66,810 | €80,295 | +€13,485 | +20.2% |
| Amounts payable within one year | 42/48 | €66,810 | €80,295 | +€13,485 | +20.2% |
| Trade debts | 44 | €112 | €1,477 | +€1,366 | +1,222% |
| Suppliers | 440/4 | €112 | €1,477 | +€1,366 | +1,222% |
| Taxes, remuneration and social security | 45 | €65,790 | €78,817 | +€13,027 | +19.8% |
| Taxes | 450/3 | €63,083 | €67,866 | +€4,783 | +7.6% |
| Remuneration and social security | 454/9 | €2,707 | €10,951 | +€8,244 | +305% |
| Other amounts payable | 47/48 | €908 | - | -€908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,516 | €24,359 | +€13,843 | +132% |
| Other operating charges | 640/8 | €5,274 | €1,532 | -€3,743 | -71.0% |
| Gross operating margin | 9900 | €93,498 | €147,311 | +€53,813 | +57.6% |
| Operating profit (loss) | 9901 | €77,707 | €121,420 | +€43,713 | +56.3% |
| Financial income | 75/76B | €3,000 | €3,033 | +€33 | +1.1% |
| Recurring financial income | 75 | €3,000 | €3,033 | +€33 | +1.1% |
| Financial charges | 65/66B | €604 | €625 | +€21 | +3.5% |
| Recurring financial charges | 65 | €604 | €625 | +€21 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €80,103 | €123,828 | +€43,725 | +54.6% |
| Income taxes | 67/77 | €23,102 | €34,032 | +€10,930 | +47.3% |
| Profit (loss) for the period | 9904 | €57,001 | €89,796 | +€32,795 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,001 | €89,796 | +€32,795 | +57.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.