Skip to content

QLeX.COM: 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.

What changed

QLeX.COM

BE 0799.661.268
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,903
2024 · -€81,792+€78,889
Equity
-€74,695
2024 · -€71,792-€2,903
Cash
€252
2024 · €901-€649
Balance sheet total
€551
2024 · €901-€350

Largest movements

2024 to 2025
Assets
  • Cash -€649

    down €649 (-72.1%), from €901 to €252

    mainly Net result for the year (-€2,903) and Receivables within one year (-€299)

  • Receivables within one year +€299

    new in 2025: €299

Equity and liabilities
  • Profit (loss) carried forward -€2,903

    down €2,903 (-3.5%), from -€81,792 to -€84,695

  • Trade debts +€1,753

    up €1,753 (+206.9%), from €847 to €2,600

  • Other debts +€800

    up €800 (+1.1%), from €71,846 to €72,646

Income statement
  • Gross operating margin +€76,643

    up €76,643 (+98.2%), from -€78,067 to -€1,424

  • Depreciation -€3,179

    down €3,179 (-100.0%), from €3,179 to €0

  • Other operating charges +€1,003

    up €1,003 (+260.9%), from €384 to €1,388

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€81,792
Gross operating margin +€76,643
Depreciation +€3,179
Other operating charges -€1,003
Financial charges +€70
Result 2025 -€2,903

Cash bridge derived

cash 2024 to 2025

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.

From operations -€649
Investment €0
Financing €0
Cash 2024 €901
Net result for the year -€2,903
Receivables within one year -€299
Trade debts +€1,753
Other debts +€800
Cash 2025 €252
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €901 €551 -€350 -38.9%
Current assets 29/58 €901 €551 -€350 -38.9%
Amounts receivable within one year 40/41 - €299 +€299
Other amounts receivable 41 - €299 +€299
Cash at bank and in hand 54/58 €901 €252 -€649 -72.1%
Total equity and liabilities 10/49 €901 €551 -€350 -38.9%
Equity 10/15 -€71,792 -€74,695 -€2,903 -4.0%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€81,792 -€84,695 -€2,903 -3.5%
Amounts payable 17/49 €72,693 €75,246 +€2,553 +3.5%
Amounts payable within one year 42/48 €72,693 €75,246 +€2,553 +3.5%
Trade debts 44 €847 €2,600 +€1,753 +206.9%
Suppliers 440/4 €847 €2,600 +€1,753 +206.9%
Other amounts payable 47/48 €71,846 €72,646 +€800 +1.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,179 €0 -€3,179 -100.0%
Other operating charges 640/8 €384 €1,388 +€1,003 +260.9%
Gross operating margin 9900 -€78,067 -€1,424 +€76,643 +98.2%
Operating profit (loss) 9901 -€81,630 -€2,811 +€78,819 +96.6%
Financial charges 65/66B €162 €92 -€70 -43.4%
Recurring financial charges 65 €162 €92 -€70 -43.4%
Profit (loss) for the period before taxes 9903 -€81,792 -€2,903 +€78,889 +96.5%
Profit (loss) for the period 9904 -€81,792 -€2,903 +€78,889 +96.5%
Profit (loss) for the period to be appropriated 9905 -€81,792 -€2,903 +€78,889 +96.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.