QLIQ: 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.
QLIQ
Largest movements
- Cash -€8,484
down €8,484 (-22.5%), from €37,738 to €29,254
mainly Contributions, distributions and other (-€51,918) and Tax, wage and social debts (-€5,766)
- Tangible fixed assets +€2,412
up €2,412 (+134.6%), from €1,791 to €4,203
of which Furniture and vehicles: +€3,368
- Receivables within one year +€1,819
up €1,819 (+4.5%), from €40,397 to €42,216
of which Trade receivables: +€13,883
- Deferred charges and accrued income -€1,682
down €1,682 (-78.6%), from €2,140 to €459
- Tax, wage and social debts -€5,766
down €5,766 (-23.5%), from €24,510 to €18,745
- Gross operating margin +€31,676
up €31,676 (+68.3%), from €46,370 to €78,046
- Taxes +€7,640
up €7,640 (+67.8%), from €11,272 to €18,912
- Write-downs -€4,396
down €4,396 (-56.6%), from €7,762 to €3,366
- Depreciation +€910
up €910 (+61.3%), from €1,483 to €2,393
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 | €82,067 | €76,131 | -€5,935 | -7.2% |
| Fixed assets | 21/28 | €1,791 | €4,203 | +€2,412 | +134.6% |
| Tangible fixed assets | 22/27 | €1,791 | €4,203 | +€2,412 | +134.6% |
| Plant, machinery and equipment | 23 | €996 | €40 | -€956 | -96.0% |
| Furniture and vehicles | 24 | €795 | €4,163 | +€3,368 | +423.6% |
| Current assets | 29/58 | €80,275 | €71,928 | -€8,347 | -10.4% |
| Amounts receivable within one year | 40/41 | €40,397 | €42,216 | +€1,819 | +4.5% |
| Trade receivables | 40 | €16,803 | €30,686 | +€13,883 | +82.6% |
| Other amounts receivable | 41 | €23,593 | €11,530 | -€12,063 | -51.1% |
| Cash at bank and in hand | 54/58 | €37,738 | €29,254 | -€8,484 | -22.5% |
| Deferred charges and accrued income | 490/1 | €2,140 | €459 | -€1,682 | -78.6% |
| Total equity and liabilities | 10/49 | €82,067 | €76,131 | -€5,935 | -7.2% |
| Equity | 10/15 | €55,918 | €56,257 | +€339 | +0.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,918 | €52,257 | +€339 | +0.7% |
| Amounts payable | 17/49 | €26,149 | €19,874 | -€6,275 | -24.0% |
| Amounts payable within one year | 42/48 | €26,083 | €19,807 | -€6,276 | -24.1% |
| Trade debts | 44 | €1,573 | €1,062 | -€510 | -32.4% |
| Suppliers | 440/4 | €1,573 | €1,062 | -€510 | -32.4% |
| Taxes, remuneration and social security | 45 | €24,510 | €18,745 | -€5,766 | -23.5% |
| Taxes | 450/3 | €24,510 | €18,745 | -€5,766 | -23.5% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,483 | €2,393 | +€910 | +61.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,762 | €3,366 | -€4,396 | -56.6% |
| Other operating charges | 640/8 | €805 | €1,029 | +€223 | +27.8% |
| Non-recurring operating charges | 66A | €12 | - | -€12 | |
| Gross operating margin | 9900 | €46,370 | €78,046 | +€31,676 | +68.3% |
| Operating profit (loss) | 9901 | €36,308 | €71,259 | +€34,950 | +96.3% |
| Financial charges | 65/66B | €690 | €90 | -€600 | -86.9% |
| Recurring financial charges | 65 | €690 | €90 | -€600 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | €35,618 | €71,169 | +€35,550 | +99.8% |
| Income taxes | 67/77 | €11,272 | €18,912 | +€7,640 | +67.8% |
| Profit (loss) for the period | 9904 | €24,346 | €52,257 | +€27,910 | +114.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,346 | €52,257 | +€27,910 | +114.6% |
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 5 October 2026 via checked.be.