QI TIAN: 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.
QI TIAN
Largest movements
- Cash -€15,021
down €15,021 (-80.8%), from €18,581 to €3,560
mainly Net result for the year (-€14,156) and Trade debts (-€9,931)
- Receivables within one year -€8,230
down €8,230 (-50.0%), from €16,467 to €8,237
of which Trade receivables: -€7,822
- Intangible fixed assets -€3,012
down €3,012 (-19.0%), from €15,818 to €12,806
- Deferred charges and accrued income -€2,209
down €2,209 (-96.1%), from €2,298 to €89
- Tangible fixed assets -€1,758
down €1,758 (-34.6%), from €5,088 to €3,330
of which Furniture and vehicles: -€883
- Profit (loss) carried forward -€14,156
down €14,156, from €31 to -€14,125
- Trade debts -€9,931
down €9,931 (-94.3%), from €10,536 to €605
- Other debts -€4,963
down €4,963 (-14.9%), from €33,349 to €28,386
- Tax, wage and social debts -€1,910
down €1,910 (-28.7%), from €6,666 to €4,756
- Gross operating margin -€23,015
down €23,015, from €18,206 to -€4,809
- Purchases and services +€10,571
up €10,571 (+4.8%), from €221,574 to €232,145
- Taxes -€4,151
down €4,151 (-95.0%), from €4,369 to €218
- Turnover -€2,826
down €2,826 (-1.2%), from €239,780 to €236,954
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.
Derived cash bridge
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 | €65,488 | €34,528 | -€30,960 | -47.3% |
| Fixed assets | 21/28 | €20,906 | €16,136 | -€4,770 | -22.8% |
| Intangible fixed assets | 21 | €15,818 | €12,806 | -€3,012 | -19.0% |
| Tangible fixed assets | 22/27 | €5,088 | €3,330 | -€1,758 | -34.6% |
| Plant, machinery and equipment | 23 | €2,575 | €1,700 | -€875 | -34.0% |
| Furniture and vehicles | 24 | €2,513 | €1,630 | -€883 | -35.1% |
| Current assets | 29/58 | €44,582 | €18,392 | -€26,190 | -58.7% |
| Stocks and contracts in progress | 3 | €7,236 | €6,506 | -€730 | -10.1% |
| Stocks | 30/36 | €7,236 | €6,506 | -€730 | -10.1% |
| Amounts receivable within one year | 40/41 | €16,467 | €8,237 | -€8,230 | -50.0% |
| Trade receivables | 40 | €15,724 | €7,902 | -€7,822 | -49.7% |
| Other amounts receivable | 41 | €743 | €335 | -€408 | -54.9% |
| Cash at bank and in hand | 54/58 | €18,581 | €3,560 | -€15,021 | -80.8% |
| Deferred charges and accrued income | 490/1 | €2,298 | €89 | -€2,209 | -96.1% |
| Total equity and liabilities | 10/49 | €65,488 | €34,528 | -€30,960 | -47.3% |
| Equity | 10/15 | €14,937 | €781 | -€14,156 | -94.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €4,906 | €4,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €3,906 | €3,906 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31 | -€14,125 | -€14,156 | |
| Amounts payable | 17/49 | €50,551 | €33,747 | -€16,804 | -33.2% |
| Amounts payable within one year | 42/48 | €50,551 | €33,747 | -€16,804 | -33.2% |
| Trade debts | 44 | €10,536 | €605 | -€9,931 | -94.3% |
| Suppliers | 440/4 | €10,536 | €605 | -€9,931 | -94.3% |
| Taxes, remuneration and social security | 45 | €6,666 | €4,756 | -€1,910 | -28.7% |
| Taxes | 450/3 | €6,666 | €4,756 | -€1,910 | -28.7% |
| Other amounts payable | 47/48 | €33,349 | €28,386 | -€4,963 | -14.9% |
| Turnover | 70 | €239,780 | €236,954 | -€2,826 | -1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €221,574 | €232,145 | +€10,571 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,025 | €4,771 | +€746 | +18.5% |
| Other operating charges | 640/8 | €2,727 | €2,980 | +€253 | +9.3% |
| Gross operating margin | 9900 | €18,206 | -€4,809 | -€23,015 | |
| Operating profit (loss) | 9901 | €11,454 | -€12,560 | -€24,014 | |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €468 | €1,421 | +€953 | +204% |
| Recurring financial charges | 65 | €468 | €1,421 | +€953 | +204% |
| Profit (loss) for the period before taxes | 9903 | €10,986 | -€13,938 | -€24,924 | |
| Income taxes | 67/77 | €4,369 | €218 | -€4,151 | -95.0% |
| Profit (loss) for the period | 9904 | €6,617 | -€14,156 | -€20,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,617 | -€14,156 | -€20,773 |
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 29 October 2026 via checked.be.