QLF AUTOMOBILE: what changed
QLF AUTOMOBILE
Largest movements
- Stocks and contracts +€43,150
up €43,150 (+70.0%), from €61,640 to €104,790
- Receivables within one year -€37,300
down €37,300 (-33.0%), from €113,200 to €75,900
of which Other amounts receivable: -€30,153
- Cash -€9,390
down €9,390 (-13.7%), from €68,480 to €59,090
mainly Stocks and contracts (-€43,150) and Debts after one year (-€14,535)
- Debts after one year -€14,535
down €14,535 (-47.7%), from €30,441 to €15,905
- Trade debts -€12,161
down €12,161 (-30.4%), from €39,974 to €27,813
- Profit (loss) carried forward +€9,826
up €9,826 (+7.2%), from €137,297 to €147,123
- Other debts +€9,049
new in 2025: €9,049
- Tax, wage and social debts +€4,281
up €4,281 (+399%), from €1,072 to €5,353
of which Taxes: +€2,687
- Gross operating margin -€15,772
down €15,772 (-20.6%), from €76,413 to €60,642
- Taxes -€12,052
down €12,052 (-52.4%), from €23,000 to €10,948
- Other operating charges +€1,881
up €1,881 (+115%), from €1,642 to €3,523
- Financial charges +€1,725
up €1,725 (+210%), from €823 to €2,548
- Staff costs +€1,689
up €1,689 (+5.3%), from €32,110 to €33,799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,320 | €239,780 | -€3,540 | -1.5% |
| Current assets | 29/58 | €243,320 | €239,780 | -€3,540 | -1.5% |
| Stocks and contracts in progress | 3 | €61,640 | €104,790 | +€43,150 | +70.0% |
| Stocks | 30/36 | €61,640 | €104,790 | +€43,150 | +70.0% |
| Amounts receivable within one year | 40/41 | €113,200 | €75,900 | -€37,300 | -33.0% |
| Trade receivables | 40 | €83,047 | €75,900 | -€7,147 | -8.6% |
| Other amounts receivable | 41 | €30,153 | - | -€30,153 | |
| Cash at bank and in hand | 54/58 | €68,480 | €59,090 | -€9,390 | -13.7% |
| Total equity and liabilities | 10/49 | €243,320 | €239,780 | -€3,540 | -1.5% |
| Equity | 10/15 | €157,297 | €167,123 | +€9,826 | +6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,297 | €147,123 | +€9,826 | +7.2% |
| Amounts payable | 17/49 | €86,023 | €72,657 | -€13,366 | -15.5% |
| Amounts payable after more than one year | 17 | €30,441 | €15,905 | -€14,535 | -47.7% |
| Financial debts | 170/4 | €30,441 | €15,905 | -€14,535 | -47.7% |
| Amounts payable within one year | 42/48 | €55,582 | €56,751 | +€1,169 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €14,535 | €14,535 | = | 0.0% |
| Trade debts | 44 | €39,974 | €27,813 | -€12,161 | -30.4% |
| Suppliers | 440/4 | €39,974 | €27,813 | -€12,161 | -30.4% |
| Taxes, remuneration and social security | 45 | €1,072 | €5,353 | +€4,281 | +399% |
| Taxes | 450/3 | €910 | €3,597 | +€2,687 | +295% |
| Remuneration and social security | 454/9 | €162 | €1,756 | +€1,594 | +985% |
| Other amounts payable | 47/48 | - | €9,049 | +€9,049 | |
| Remuneration, social security and pensions | 62 | €32,110 | €33,799 | +€1,689 | +5.3% |
| Other operating charges | 640/8 | €1,642 | €3,523 | +€1,881 | +115% |
| Gross operating margin | 9900 | €76,413 | €60,642 | -€15,772 | -20.6% |
| Operating profit (loss) | 9901 | €42,662 | €23,320 | -€19,342 | -45.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | +936% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +936% |
| Financial charges | 65/66B | €823 | €2,548 | +€1,725 | +210% |
| Recurring financial charges | 65 | €823 | €2,548 | +€1,725 | +210% |
| Profit (loss) for the period before taxes | 9903 | €41,839 | €20,774 | -€21,065 | -50.3% |
| Income taxes | 67/77 | €23,000 | €10,948 | -€12,052 | -52.4% |
| Profit (loss) for the period | 9904 | €18,839 | €9,826 | -€9,013 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,839 | €9,826 | -€9,013 | -47.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.