QLAB: 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.
QLAB
Largest movements
- Receivables within one year +€20,533
up €20,533 (+1893.1%), from €1,085 to €21,618
of which Trade receivables: +€20,533
- Cash +€16,019
up €16,019 (+751.9%), from €2,131 to €18,149
mainly Net result for the year (+€23,840) and Tax, wage and social debts (+€8,264)
- Deferred charges and accrued income +€1,567
up €1,567 (+446.5%), from €351 to €1,919
- Tangible fixed assets +€1,106
up €1,106 (+18.1%), from €6,106 to €7,212
- Intangible fixed assets -€912
down €912 (-23.4%), from €3,905 to €2,993
- Profit (loss) carried forward +€23,840
up €23,840 (+94.9%), from -€25,114 to -€1,275
- Tax, wage and social debts +€8,264
up €8,264 (+272.9%), from €3,029 to €11,293
- Trade debts +€3,667
up €3,667 (+194.0%), from €1,890 to €5,558
- Other debts +€2,543
up €2,543 (+8.2%), from €31,022 to €33,565
- Gross operating margin +€53,062
up €53,062, from -€20,633 to €32,429
- Taxes +€3,145
up €3,145 (+4050.7%), from €78 to €3,223
- Financial charges +€839
up €839 (+64.5%), from €1,300 to €2,139
- Depreciation +€584
up €584 (+44.3%), from €1,317 to €1,901
- Other operating charges -€463
down €463 (-25.9%), from €1,790 to €1,327
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 | €13,577 | €51,891 | +€38,314 | +282.2% |
| Fixed assets | 21/28 | €10,010 | €10,205 | +€194 | +1.9% |
| Intangible fixed assets | 21 | €3,905 | €2,993 | -€912 | -23.4% |
| Tangible fixed assets | 22/27 | €6,106 | €7,212 | +€1,106 | +18.1% |
| Plant, machinery and equipment | 23 | €6,106 | €7,212 | +€1,106 | +18.1% |
| Current assets | 29/58 | €3,566 | €41,686 | +€38,120 | +1068.9% |
| Amounts receivable within one year | 40/41 | €1,085 | €21,618 | +€20,533 | +1893.1% |
| Trade receivables | 40 | €835 | €21,368 | +€20,533 | +2460.1% |
| Other amounts receivable | 41 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,131 | €18,149 | +€16,019 | +751.9% |
| Deferred charges and accrued income | 490/1 | €351 | €1,919 | +€1,567 | +446.5% |
| Total equity and liabilities | 10/49 | €13,577 | €51,891 | +€38,314 | +282.2% |
| Equity | 10/15 | -€23,114 | €725 | +€23,840 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,114 | -€1,275 | +€23,840 | +94.9% |
| Amounts payable | 17/49 | €36,691 | €51,165 | +€14,474 | +39.4% |
| Amounts payable within one year | 42/48 | €35,941 | €50,415 | +€14,474 | +40.3% |
| Trade debts | 44 | €1,890 | €5,558 | +€3,667 | +194.0% |
| Suppliers | 440/4 | €1,890 | €5,558 | +€3,667 | +194.0% |
| Taxes, remuneration and social security | 45 | €3,029 | €11,293 | +€8,264 | +272.9% |
| Taxes | 450/3 | €3,029 | €11,293 | +€8,264 | +272.9% |
| Other amounts payable | 47/48 | €31,022 | €33,565 | +€2,543 | +8.2% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €1,901 | +€584 | +44.3% |
| Other operating charges | 640/8 | €1,790 | €1,327 | -€463 | -25.9% |
| Gross operating margin | 9900 | -€20,633 | €32,429 | +€53,062 | |
| Operating profit (loss) | 9901 | -€23,740 | €29,201 | +€52,941 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,300 | €2,139 | +€839 | +64.5% |
| Recurring financial charges | 65 | €1,300 | €2,139 | +€839 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,037 | €27,062 | +€52,099 | |
| Income taxes | 67/77 | €78 | €3,223 | +€3,145 | +4050.7% |
| Profit (loss) for the period | 9904 | -€25,114 | €23,840 | +€48,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,114 | €23,840 | +€48,954 |
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 12 October 2026 via checked.be.