QL STUDIO: 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.
QL STUDIO
Largest movements
- Cash +€13,522
up €13,522 (+40.6%), from €33,337 to €46,858
mainly Receivables within one year (+€9,810) and Other debts (+€9,770)
- Receivables within one year -€9,810
down €9,810 (-40.0%), from €24,550 to €14,740
of which Trade receivables: -€10,495
- Other debts +€9,770
up €9,770 (+190%), from €5,154 to €14,925
- Tax, wage and social debts -€7,586
down €7,586 (-77.7%), from €9,766 to €2,180
of which Taxes: -€7,586
- Profit (loss) carried forward +€1,821
up €1,821 (+14.0%), from €12,983 to €14,805
- Gross operating margin -€14,611
down €14,611 (-73.9%), from €19,770 to €5,159
- Taxes -€2,491
down €2,491 (-46.8%), from €5,324 to €2,833
- Other operating charges -€1,644
down €1,644 (-98.4%), from €1,670 to €27
- Financial charges -€1,057
down €1,057 (-88.3%), from €1,197 to €140
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 | €59,802 | €63,361 | +€3,558 | +6.0% |
| Fixed assets | 21/28 | €601 | €263 | -€339 | -56.3% |
| Tangible fixed assets | 22/27 | €601 | €263 | -€339 | -56.3% |
| Furniture and vehicles | 24 | €601 | €263 | -€339 | -56.3% |
| Current assets | 29/58 | €59,201 | €63,098 | +€3,897 | +6.6% |
| Amounts receivable within one year | 40/41 | €24,550 | €14,740 | -€9,810 | -40.0% |
| Trade receivables | 40 | €24,550 | €14,055 | -€10,495 | -42.7% |
| Other amounts receivable | 41 | €0 | €685 | +€685 | |
| Cash at bank and in hand | 54/58 | €33,337 | €46,858 | +€13,522 | +40.6% |
| Deferred charges and accrued income | 490/1 | €1,315 | €1,500 | +€185 | +14.1% |
| Total equity and liabilities | 10/49 | €59,802 | €63,361 | +€3,558 | +6.0% |
| Equity | 10/15 | €33,483 | €35,305 | +€1,821 | +5.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,983 | €14,805 | +€1,821 | +14.0% |
| Amounts payable | 17/49 | €26,319 | €28,056 | +€1,737 | +6.6% |
| Amounts payable within one year | 42/48 | €26,319 | €28,056 | +€1,737 | +6.6% |
| Trade debts | 44 | €11,399 | €10,951 | -€448 | -3.9% |
| Suppliers | 440/4 | €11,399 | €10,951 | -€448 | -3.9% |
| Taxes, remuneration and social security | 45 | €9,766 | €2,180 | -€7,586 | -77.7% |
| Taxes | 450/3 | €9,766 | €2,180 | -€7,586 | -77.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,154 | €14,925 | +€9,770 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339 | €339 | = | 0.0% |
| Other operating charges | 640/8 | €1,670 | €27 | -€1,644 | -98.4% |
| Gross operating margin | 9900 | €19,770 | €5,159 | -€14,611 | -73.9% |
| Operating profit (loss) | 9901 | €17,761 | €4,794 | -€12,967 | -73.0% |
| Financial income | 75/76B | €17 | €1 | -€16 | -94.4% |
| Recurring financial income | 75 | €17 | €1 | -€16 | -94.4% |
| Financial charges | 65/66B | €1,197 | €140 | -€1,057 | -88.3% |
| Recurring financial charges | 65 | €1,197 | €140 | -€1,057 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | €16,581 | €4,655 | -€11,926 | -71.9% |
| Income taxes | 67/77 | €5,324 | €2,833 | -€2,491 | -46.8% |
| Profit (loss) for the period | 9904 | €11,256 | €1,821 | -€9,435 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,256 | €1,821 | -€9,435 | -83.8% |
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 31 October 2026 via checked.be.