QJP Consult: 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.
QJP Consult
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year +€25,296
up €25,296 (+116.1%), from €21,787 to €47,083
of which Trade receivables: +€18,026
- Cash +€10,857
up €10,857 (+7.0%), from €154,462 to €165,319
mainly Current investments (+€250,000) and Net result for the year (+€132,055)
- Deferred charges and accrued income -€7,093
down €7,093 (-27.7%), from €25,593 to €18,500
- Reserves -€209,568
down €209,568 (-91.3%), from €229,568 to €20,000
- Other debts -€7,121
down €7,121 (-5.6%), from €127,500 to €120,379
- Gross operating margin +€8,203
up €8,203 (+4.9%), from €167,815 to €176,019
- Taxes +€3,789
up €3,789 (+10.2%), from €37,157 to €40,946
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.
Cash bridge derived
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 | €456,344 | €236,965 | -€219,379 | -48.1% |
| Fixed assets | 21/28 | €4,503 | €6,064 | +€1,561 | +34.7% |
| Tangible fixed assets | 22/27 | €4,503 | €6,064 | +€1,561 | +34.7% |
| Furniture and vehicles | 24 | €4,503 | €6,064 | +€1,561 | +34.7% |
| Current assets | 29/58 | €451,841 | €230,902 | -€220,940 | -48.9% |
| Amounts receivable within one year | 40/41 | €21,787 | €47,083 | +€25,296 | +116.1% |
| Trade receivables | 40 | €1,281 | €19,307 | +€18,026 | +1407.7% |
| Other amounts receivable | 41 | €20,506 | €27,776 | +€7,270 | +35.5% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €154,462 | €165,319 | +€10,857 | +7.0% |
| Deferred charges and accrued income | 490/1 | €25,593 | €18,500 | -€7,093 | -27.7% |
| Total equity and liabilities | 10/49 | €456,344 | €236,965 | -€219,379 | -48.1% |
| Equity | 10/15 | €234,568 | €25,000 | -€209,568 | -89.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €229,568 | €20,000 | -€209,568 | -91.3% |
| Distributable reserves | 133 | €229,568 | €20,000 | -€209,568 | -91.3% |
| Amounts payable | 17/49 | €221,776 | €211,965 | -€9,811 | -4.4% |
| Amounts payable within one year | 42/48 | €221,536 | €211,725 | -€9,811 | -4.4% |
| Trade debts | 44 | €1,085 | €2,859 | +€1,774 | +163.6% |
| Suppliers | 440/4 | €1,085 | €2,859 | +€1,774 | +163.6% |
| Taxes, remuneration and social security | 45 | €92,952 | €88,487 | -€4,464 | -4.8% |
| Taxes | 450/3 | €90,889 | €84,454 | -€6,435 | -7.1% |
| Remuneration and social security | 454/9 | €2,062 | €4,033 | +€1,971 | +95.6% |
| Other amounts payable | 47/48 | €127,500 | €120,379 | -€7,121 | -5.6% |
| Accrued charges and deferred income | 492/3 | €240 | €240 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,323 | €3,113 | -€210 | -6.3% |
| Other operating charges | 640/8 | €341 | €1,490 | +€1,149 | +337.1% |
| Gross operating margin | 9900 | €167,815 | €176,019 | +€8,203 | +4.9% |
| Operating profit (loss) | 9901 | €164,151 | €171,416 | +€7,265 | +4.4% |
| Financial income | 75/76B | €3,301 | €2,662 | -€639 | -19.3% |
| Recurring financial income | 75 | €3,301 | €2,662 | -€639 | -19.3% |
| Financial charges | 65/66B | €1,038 | €1,078 | +€39 | +3.8% |
| Recurring financial charges | 65 | €1,038 | €1,078 | +€39 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €166,414 | €173,001 | +€6,587 | +4.0% |
| Income taxes | 67/77 | €37,157 | €40,946 | +€3,789 | +10.2% |
| Profit (loss) for the period | 9904 | €129,256 | €132,055 | +€2,798 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,256 | €132,055 | +€2,798 | +2.2% |
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 11 October 2026 via checked.be.