QIAS ENGINEERING: 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.
QIAS ENGINEERING
Largest movements
- Cash -€7,818
down €7,818 (-16.9%), from €46,167 to €38,349
mainly Net result for the year (-€6,128) and Receivables within one year (-€2,787)
- Receivables within one year +€2,787
up €2,787 (+185.6%), from €1,502 to €4,288
- Tangible fixed assets +€552
up €552 (+16.9%), from €3,277 to €3,829
- Profit (loss) carried forward -€6,128
down €6,128 (-15.0%), from €40,758 to €34,630
- Trade debts +€1,649
new in 2024: €1,649
- Gross operating margin -€26,638
down €26,638, from €21,886 to -€4,752
- Taxes -€4,187
no longer reported in 2024 (was €4,187)
- Other operating charges +€387
new in 2024: €387
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 | €50,945 | €46,466 | -€4,479 | -8.8% |
| Fixed assets | 21/28 | €3,277 | €3,829 | +€552 | +16.9% |
| Tangible fixed assets | 22/27 | €3,277 | €3,829 | +€552 | +16.9% |
| Furniture and vehicles | 24 | €3,277 | €3,829 | +€552 | +16.9% |
| Current assets | 29/58 | €47,668 | €42,637 | -€5,031 | -10.6% |
| Amounts receivable within one year | 40/41 | €1,502 | €4,288 | +€2,787 | +185.6% |
| Other amounts receivable | 41 | €1,502 | €4,288 | +€2,787 | +185.6% |
| Cash at bank and in hand | 54/58 | €46,167 | €38,349 | -€7,818 | -16.9% |
| Total equity and liabilities | 10/49 | €50,945 | €46,466 | -€4,479 | -8.8% |
| Equity | 10/15 | €46,758 | €40,630 | -€6,128 | -13.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,758 | €34,630 | -€6,128 | -15.0% |
| Amounts payable | 17/49 | €4,187 | €5,836 | +€1,649 | +39.4% |
| Amounts payable within one year | 42/48 | €4,187 | €5,836 | +€1,649 | +39.4% |
| Trade debts | 44 | - | €1,649 | +€1,649 | |
| Suppliers | 440/4 | - | €1,649 | +€1,649 | |
| Taxes, remuneration and social security | 45 | €4,187 | €4,187 | = | 0.0% |
| Taxes | 450/3 | €4,187 | €4,187 | = | 0.0% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €859 | €882 | +€23 | +2.7% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €21,886 | -€4,752 | -€26,638 | |
| Operating profit (loss) | 9901 | €21,028 | -€6,021 | -€27,049 | |
| Financial charges | 65/66B | €94 | €107 | +€13 | +13.4% |
| Recurring financial charges | 65 | €94 | €107 | +€13 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €20,934 | -€6,128 | -€27,062 | |
| Income taxes | 67/77 | €4,187 | - | -€4,187 | |
| Profit (loss) for the period | 9904 | €16,747 | -€6,128 | -€22,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,747 | -€6,128 | -€22,875 |
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 1 October 2026 via checked.be.