QLICK: 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.
QLICK
Largest movements
- Receivables within one year -€34,913
down €34,913 (-74.4%), from €46,925 to €12,012
of which Trade receivables: -€36,374
- Current investments +€28,832
up €28,832 (+19.2%), from €149,893 to €178,725
- Cash -€20,830
down €20,830 (-76.9%), from €27,089 to €6,259
mainly Current investments (-€28,832) and Tax, wage and social debts (-€22,369)
- Stocks and contracts +€12,809
up €12,809 (+29.4%), from €43,495 to €56,304
- Intangible fixed assets -€5,813
down €5,813 (-71.6%), from €8,118 to €2,305
- Tax, wage and social debts -€22,369
down €22,369 (-89.8%), from €24,918 to €2,549
of which Taxes: -€17,467
- Accrued charges and deferred income -€14,096
down €14,096 (-55.8%), from €25,246 to €11,151
- Profit (loss) carried forward +€7,055
up €7,055 (+7.8%), from -€90,484 to -€83,430
- Trade debts +€6,739
up €6,739 (+71.9%), from €9,379 to €16,118
- Gross operating margin +€10,317
up €10,317 (+12.2%), from €84,842 to €95,159
- Staff costs +€9,659
up €9,659 (+13.8%), from €70,151 to €79,811
- Depreciation -€2,349
down €2,349 (-23.7%), from €9,933 to €7,583
- Write-downs +€1,045
new in 2026: €1,045
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,458 | €257,804 | -€22,654 | -8.1% |
| Fixed assets | 21/28 | €11,058 | €3,475 | -€7,583 | -68.6% |
| Intangible fixed assets | 21 | €8,118 | €2,305 | -€5,813 | -71.6% |
| Tangible fixed assets | 22/27 | €2,940 | €1,170 | -€1,770 | -60.2% |
| Furniture and vehicles | 24 | €115 | - | -€115 | |
| Other tangible fixed assets | 26 | €2,825 | €1,170 | -€1,655 | -58.6% |
| Current assets | 29/58 | €269,400 | €254,329 | -€15,071 | -5.6% |
| Stocks and contracts in progress | 3 | €43,495 | €56,304 | +€12,809 | +29.4% |
| Stocks | 30/36 | €43,495 | €56,304 | +€12,809 | +29.4% |
| Amounts receivable within one year | 40/41 | €46,925 | €12,012 | -€34,913 | -74.4% |
| Trade receivables | 40 | €46,496 | €10,123 | -€36,374 | -78.2% |
| Other amounts receivable | 41 | €429 | €1,890 | +€1,461 | +340% |
| Current investments | 50/53 | €149,893 | €178,725 | +€28,832 | +19.2% |
| Cash at bank and in hand | 54/58 | €27,089 | €6,259 | -€20,830 | -76.9% |
| Deferred charges and accrued income | 490/1 | €1,998 | €1,029 | -€969 | -48.5% |
| Total equity and liabilities | 10/49 | €280,458 | €257,804 | -€22,654 | -8.1% |
| Equity | 10/15 | €220,718 | €227,773 | +€7,055 | +3.2% |
| Contributions | 10/11 | €308,600 | €308,600 | = | 0.0% |
| Reserves | 13 | €2,603 | €2,603 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,603 | €2,603 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,603 | €2,603 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,484 | -€83,430 | +€7,055 | +7.8% |
| Amounts payable | 17/49 | €59,740 | €30,031 | -€29,709 | -49.7% |
| Amounts payable within one year | 42/48 | €34,494 | €18,881 | -€15,613 | -45.3% |
| Financial debts | 43 | €197 | €214 | +€17 | +8.8% |
| Credit institutions | 430/8 | €197 | €214 | +€17 | +8.8% |
| Trade debts | 44 | €9,379 | €16,118 | +€6,739 | +71.9% |
| Suppliers | 440/4 | €9,379 | €16,118 | +€6,739 | +71.9% |
| Taxes, remuneration and social security | 45 | €24,918 | €2,549 | -€22,369 | -89.8% |
| Taxes | 450/3 | €17,873 | €406 | -€17,467 | -97.7% |
| Remuneration and social security | 454/9 | €7,045 | €2,143 | -€4,902 | -69.6% |
| Accrued charges and deferred income | 492/3 | €25,246 | €11,151 | -€14,096 | -55.8% |
| Remuneration, social security and pensions | 62 | €70,151 | €79,811 | +€9,659 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,933 | €7,583 | -€2,349 | -23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,045 | +€1,045 | |
| Other operating charges | 640/8 | €699 | €585 | -€114 | -16.3% |
| Gross operating margin | 9900 | €84,842 | €95,159 | +€10,317 | +12.2% |
| Operating profit (loss) | 9901 | €4,059 | €6,134 | +€2,076 | +51.1% |
| Financial income | 75/76B | €2,043 | €1,785 | -€259 | -12.7% |
| Recurring financial income | 75 | €2,043 | €1,785 | -€259 | -12.7% |
| Financial charges | 65/66B | €369 | €144 | -€226 | -61.0% |
| Recurring financial charges | 65 | €369 | €144 | -€226 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €5,733 | €7,775 | +€2,043 | +35.6% |
| Income taxes | 67/77 | - | €720 | +€720 | |
| Profit (loss) for the period | 9904 | €5,733 | €7,055 | +€1,322 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,733 | €7,055 | +€1,322 | +23.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.