Qhouse: 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.
Qhouse
Largest movements
- Stocks and contracts +€139,203
up €139,203 (+23.9%), from €581,748 to €720,951
- Cash -€131,002
down €131,002 (-96.2%), from €136,171 to €5,169
mainly Other debts (-€577,747) and Stocks and contracts (-€139,203)
- Receivables within one year +€79,404
up €79,404 (+364%), from €21,829 to €101,233
of which Trade receivables: +€53,345
- Other debts -€577,747
down €577,747 (-100%), from €577,747 to €0
- Trade debts +€245,238
up €245,238 (+514%), from €47,752 to €292,991
- Reserves +€230,000
up €230,000 (+200%), from €115,000 to €345,000
- Tax, wage and social debts +€102,488
up €102,488 (+326%), from €31,395 to €133,883
- Accrued charges and deferred income +€90,000
new in 2024: €90,000
- Gross operating margin +€222,832
up €222,832 (+171%), from €130,075 to €352,906
- Taxes +€70,043
up €70,043 (+223%), from €31,395 to €101,438
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 | €782,592 | €874,701 | +€92,109 | +11.8% |
| Fixed assets | 21/28 | €41,440 | €45,501 | +€4,061 | +9.8% |
| Tangible fixed assets | 22/27 | €41,440 | €45,501 | +€4,061 | +9.8% |
| Furniture and vehicles | 24 | €41,440 | €45,501 | +€4,061 | +9.8% |
| Current assets | 29/58 | €741,152 | €829,200 | +€88,048 | +11.9% |
| Stocks and contracts in progress | 3 | €581,748 | €720,951 | +€139,203 | +23.9% |
| Stocks | 30/36 | €581,748 | €720,951 | +€139,203 | +23.9% |
| Amounts receivable within one year | 40/41 | €21,829 | €101,233 | +€79,404 | +364% |
| Trade receivables | 40 | €562 | €53,907 | +€53,345 | +9,495% |
| Other amounts receivable | 41 | €21,267 | €47,326 | +€26,059 | +123% |
| Cash at bank and in hand | 54/58 | €136,171 | €5,169 | -€131,002 | -96.2% |
| Deferred charges and accrued income | 490/1 | €1,404 | €1,848 | +€444 | +31.6% |
| Total equity and liabilities | 10/49 | €782,592 | €874,701 | +€92,109 | +11.8% |
| Equity | 10/15 | €125,697 | €357,827 | +€232,130 | +185% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €115,000 | €345,000 | +€230,000 | +200% |
| Distributable reserves | 133 | €115,000 | €345,000 | +€230,000 | +200% |
| Profit (loss) carried forward | 14 | €5,697 | €7,827 | +€2,130 | +37.4% |
| Amounts payable | 17/49 | €656,895 | €516,874 | -€140,021 | -21.3% |
| Amounts payable within one year | 42/48 | €656,895 | €426,874 | -€230,021 | -35.0% |
| Trade debts | 44 | €47,752 | €292,991 | +€245,238 | +514% |
| Suppliers | 440/4 | €47,752 | €292,991 | +€245,238 | +514% |
| Taxes, remuneration and social security | 45 | €31,395 | €133,883 | +€102,488 | +326% |
| Taxes | 450/3 | €31,395 | €133,883 | +€102,488 | +326% |
| Other amounts payable | 47/48 | €577,747 | €0 | -€577,747 | -100% |
| Accrued charges and deferred income | 492/3 | - | €90,000 | +€90,000 | |
| Remuneration, social security and pensions | 62 | €400 | €0 | -€400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,845 | €13,709 | +€1,863 | +15.7% |
| Other operating charges | 640/8 | €5,228 | €3,336 | -€1,892 | -36.2% |
| Non-recurring operating charges | 66A | - | €1,581 | +€1,581 | |
| Gross operating margin | 9900 | €130,075 | €352,906 | +€222,832 | +171% |
| Operating profit (loss) | 9901 | €112,601 | €334,281 | +€221,680 | +197% |
| Financial income | 75/76B | €2 | €1 | -€1 | -66.7% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -66.7% |
| Financial charges | 65/66B | €207 | €713 | +€506 | +244% |
| Recurring financial charges | 65 | €207 | €713 | +€506 | +244% |
| Profit (loss) for the period before taxes | 9903 | €112,395 | €333,568 | +€221,173 | +197% |
| Income taxes | 67/77 | €31,395 | €101,438 | +€70,043 | +223% |
| Profit (loss) for the period | 9904 | €81,000 | €232,130 | +€151,130 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €81,000 | €232,130 | +€151,130 | +187% |
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 13 October 2026 via checked.be.