QIAN CREATION: 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.
QIAN CREATION
Largest movements
- Cash -€7,653
down €7,653 (-100%), from €7,653 to €0
mainly Investment in fixed assets (net) (-€5,686) and Receivables within one year (-€5,084)
- Tangible fixed assets +€5,416
new in 2025: €5,416
- Receivables within one year +€5,084
up €5,084 (+104%), from €4,900 to €9,984
- Other debts +€7,337
up €7,337 (+32.3%), from €22,692 to €30,030
- Trade debts -€3,318
down €3,318 (-57.0%), from €5,816 to €2,499
- Profit (loss) carried forward -€2,379
down €2,379 (-9.2%), from -€25,828 to -€28,207
- Short-term financial debts +€1,517
new in 2025: €1,517
- Tax, wage and social debts -€399
down €399 (-12.4%), from €3,220 to €2,821
- Gross operating margin +€7,849
up €7,849 (+92.8%), from -€8,457 to -€607
- Depreciation +€158
up €158 (+141%), from €112 to €270
- Financial charges -€103
down €103 (-16.3%), from €628 to €526
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 | €13,021 | €15,779 | +€2,758 | +21.2% |
| Fixed assets | 21/28 | €115 | €5,531 | +€5,416 | +4,709% |
| Tangible fixed assets | 22/27 | - | €5,416 | +€5,416 | |
| Furniture and vehicles | 24 | - | €5,416 | +€5,416 | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €12,906 | €10,248 | -€2,658 | -20.6% |
| Amounts receivable within one year | 40/41 | €4,900 | €9,984 | +€5,084 | +104% |
| Trade receivables | 40 | €4,900 | €9,984 | +€5,084 | +104% |
| Cash at bank and in hand | 54/58 | €7,653 | €0 | -€7,653 | -100% |
| Deferred charges and accrued income | 490/1 | €353 | €265 | -€89 | -25.1% |
| Total equity and liabilities | 10/49 | €13,021 | €15,779 | +€2,758 | +21.2% |
| Equity | 10/15 | -€18,707 | -€21,086 | -€2,379 | -12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €920 | €920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €920 | €920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €920 | €920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,828 | -€28,207 | -€2,379 | -9.2% |
| Amounts payable | 17/49 | €31,729 | €36,866 | +€5,137 | +16.2% |
| Amounts payable within one year | 42/48 | €31,729 | €36,866 | +€5,137 | +16.2% |
| Financial debts | 43 | - | €1,517 | +€1,517 | |
| Credit institutions | 430/8 | - | €1,517 | +€1,517 | |
| Trade debts | 44 | €5,816 | €2,499 | -€3,318 | -57.0% |
| Suppliers | 440/4 | €5,816 | €2,499 | -€3,318 | -57.0% |
| Taxes, remuneration and social security | 45 | €3,220 | €2,821 | -€399 | -12.4% |
| Taxes | 450/3 | €3,220 | €2,821 | -€399 | -12.4% |
| Other amounts payable | 47/48 | €22,692 | €30,030 | +€7,337 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112 | €270 | +€158 | +141% |
| Other operating charges | 640/8 | €694 | €701 | +€6 | +0.9% |
| Gross operating margin | 9900 | -€8,457 | -€607 | +€7,849 | +92.8% |
| Operating profit (loss) | 9901 | -€9,263 | -€1,578 | +€7,685 | +83.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €628 | €526 | -€103 | -16.3% |
| Recurring financial charges | 65 | €628 | €526 | -€103 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,890 | -€2,104 | +€7,786 | +78.7% |
| Income taxes | 67/77 | €336 | €275 | -€61 | -18.1% |
| Profit (loss) for the period | 9904 | -€10,226 | -€2,379 | +€7,847 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,226 | -€2,379 | +€7,847 | +76.7% |
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 1 November 2026 via checked.be.