qipu: 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.
qipu
Largest movements
- Tangible fixed assets -€10,859
down €10,859 (-35.1%), from €30,895 to €20,036
of which Furniture and vehicles: -€13,628
- Cash -€2,875
down €2,875 (-30.9%), from €9,291 to €6,416
mainly Other debts (-€23,524) and Investment in fixed assets (net) (-€3,547)
- Receivables within one year -€545
down €545 (-10.9%), from €5,023 to €4,478
of which Trade receivables: -€3,800
- Other debts -€23,524
down €23,524 (-33.4%), from €70,443 to €46,919
- Profit (loss) carried forward +€7,648
up €7,648 (+25.2%), from -€30,390 to -€22,742
- Trade debts +€1,589
up €1,589 (+269%), from €591 to €2,180
- Gross operating margin +€13,913
up €13,913 (+134%), from €10,356 to €24,269
- Depreciation +€4,042
up €4,042 (+39.0%), from €10,364 to €14,406
- Other operating charges -€1,086
down €1,086 (-41.6%), from €2,610 to €1,524
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 | €46,931 | €32,624 | -€14,306 | -30.5% |
| Fixed assets | 21/28 | €30,895 | €20,036 | -€10,859 | -35.1% |
| Tangible fixed assets | 22/27 | €30,895 | €20,036 | -€10,859 | -35.1% |
| Plant, machinery and equipment | 23 | - | €2,769 | +€2,769 | |
| Furniture and vehicles | 24 | €30,895 | €17,267 | -€13,628 | -44.1% |
| Current assets | 29/58 | €16,035 | €12,588 | -€3,447 | -21.5% |
| Amounts receivable within one year | 40/41 | €5,023 | €4,478 | -€545 | -10.9% |
| Trade receivables | 40 | €3,800 | - | -€3,800 | |
| Other amounts receivable | 41 | €1,223 | €4,478 | +€3,255 | +266% |
| Cash at bank and in hand | 54/58 | €9,291 | €6,416 | -€2,875 | -30.9% |
| Deferred charges and accrued income | 490/1 | €1,720 | €1,694 | -€27 | -1.5% |
| Total equity and liabilities | 10/49 | €46,931 | €32,624 | -€14,306 | -30.5% |
| Equity | 10/15 | -€24,190 | -€16,542 | +€7,648 | +31.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,390 | -€22,742 | +€7,648 | +25.2% |
| Amounts payable | 17/49 | €71,120 | €49,166 | -€21,954 | -30.9% |
| Amounts payable within one year | 42/48 | €71,057 | €49,101 | -€21,956 | -30.9% |
| Trade debts | 44 | €591 | €2,180 | +€1,589 | +269% |
| Suppliers | 440/4 | €591 | €2,180 | +€1,589 | +269% |
| Taxes, remuneration and social security | 45 | €23 | €2 | -€21 | -91.3% |
| Taxes | 450/3 | €23 | €2 | -€21 | -91.3% |
| Other amounts payable | 47/48 | €70,443 | €46,919 | -€23,524 | -33.4% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Non-recurring operating income | 76A | - | €869 | +€869 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,364 | €14,406 | +€4,042 | +39.0% |
| Other operating charges | 640/8 | €2,610 | €1,524 | -€1,086 | -41.6% |
| Gross operating margin | 9900 | €10,356 | €24,269 | +€13,913 | +134% |
| Operating profit (loss) | 9901 | -€2,619 | €8,338 | +€10,957 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €255 | €45 | -€210 | -82.5% |
| Recurring financial charges | 65 | €255 | €45 | -€210 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,874 | €8,294 | +€11,167 | |
| Income taxes | 67/77 | €633 | €646 | +€13 | +2.0% |
| Profit (loss) for the period | 9904 | -€3,506 | €7,648 | +€11,154 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,506 | €7,648 | +€11,154 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.