QLOX: 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.
QLOX
Largest movements
- Cash -€5,018
down €5,018 (-57.5%), from €8,729 to €3,710
mainly Investment in fixed assets (net) (-€3,231) and Net result for the year (-€2,515)
- Financial fixed assets +€3,231
new in 2025: €3,231
- Receivables within one year +€2,480
up €2,480 (+134.6%), from €1,842 to €4,322
of which Trade receivables: +€1,392
- Stocks and contracts +€1,984
up €1,984 (+116.1%), from €1,709 to €3,692
- Other debts +€7,000
new in 2025: €7,000
- Reserves -€2,515
down €2,515 (-49.1%), from €5,118 to €2,603
- Tax, wage and social debts -€2,008
down €2,008 (-63.1%), from €3,183 to €1,175
- Trade debts +€235
up €235 (+18.7%), from €1,258 to €1,494
- Gross operating margin -€8,790
down €8,790, from €7,031 to -€1,759
- Taxes -€1,283
down €1,283 (-100.0%), from €1,283 to €0
- Financial charges +€97
up €97 (+308.9%), from €32 to €129
- Other operating charges +€84
up €84 (+13.9%), from €605 to €689
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 | €13,309 | €16,021 | +€2,712 | +20.4% |
| Fixed assets | 21/28 | - | €3,231 | +€3,231 | |
| Financial fixed assets | 28 | - | €3,231 | +€3,231 | |
| Current assets | 29/58 | €13,309 | €12,790 | -€519 | -3.9% |
| Stocks and contracts in progress | 3 | €1,709 | €3,692 | +€1,984 | +116.1% |
| Stocks | 30/36 | €1,709 | €3,692 | +€1,984 | +116.1% |
| Amounts receivable within one year | 40/41 | €1,842 | €4,322 | +€2,480 | +134.6% |
| Trade receivables | 40 | €1,842 | €3,234 | +€1,392 | +75.6% |
| Other amounts receivable | 41 | - | €1,088 | +€1,088 | |
| Cash at bank and in hand | 54/58 | €8,729 | €3,710 | -€5,018 | -57.5% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,065 | +€35 | +3.4% |
| Total equity and liabilities | 10/49 | €13,309 | €16,021 | +€2,712 | +20.4% |
| Equity | 10/15 | €8,868 | €6,353 | -€2,515 | -28.4% |
| Contributions | 10/11 | €3,750 | €3,750 | = | 0.0% |
| Reserves | 13 | €5,118 | €2,603 | -€2,515 | -49.1% |
| Distributable reserves | 133 | €5,118 | €2,603 | -€2,515 | -49.1% |
| Amounts payable | 17/49 | €4,441 | €9,669 | +€5,228 | +117.7% |
| Amounts payable within one year | 42/48 | €4,441 | €9,669 | +€5,228 | +117.7% |
| Trade debts | 44 | €1,258 | €1,494 | +€235 | +18.7% |
| Suppliers | 440/4 | €1,258 | €1,494 | +€235 | +18.7% |
| Taxes, remuneration and social security | 45 | €3,183 | €1,175 | -€2,008 | -63.1% |
| Taxes | 450/3 | €3,183 | €1,175 | -€2,008 | -63.1% |
| Other amounts payable | 47/48 | - | €7,000 | +€7,000 | |
| Other operating charges | 640/8 | €605 | €689 | +€84 | +13.9% |
| Gross operating margin | 9900 | €7,031 | -€1,759 | -€8,790 | |
| Operating profit (loss) | 9901 | €6,427 | -€2,447 | -€8,874 | |
| Financial income | 75/76B | €6 | €61 | +€55 | +911.8% |
| Recurring financial income | 75 | €6 | €61 | +€55 | +911.8% |
| Financial charges | 65/66B | €32 | €129 | +€97 | +308.9% |
| Recurring financial charges | 65 | €32 | €129 | +€97 | +308.9% |
| Profit (loss) for the period before taxes | 9903 | €6,401 | -€2,515 | -€8,917 | |
| Income taxes | 67/77 | €1,283 | €0 | -€1,283 | -100.0% |
| Profit (loss) for the period | 9904 | €5,118 | -€2,515 | -€7,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,118 | -€2,515 | -€7,634 |
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.