QM Solutions: 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.
QM Solutions
Largest movements
- Cash +€27,395
up €27,395 (+31.0%), from €88,323 to €115,718
mainly Trade debts (+€18,543) and Net result for the year (+€11,905)
- Trade debts +€18,543
up €18,543 (+267.0%), from €6,944 to €25,488
- Reserves +€4,800
up €4,800 (+4.8%), from €100,360 to €105,160
- Tax, wage and social debts +€3,053
up €3,053 (+62.9%), from €4,855 to €7,908
- Gross operating margin -€13,463
down €13,463 (-41.4%), from €32,534 to €19,071
- Depreciation -€5,203
down €5,203 (-80.7%), from €6,449 to €1,246
- Taxes -€2,320
down €2,320 (-30.2%), from €7,680 to €5,360
- Other operating charges -€460
down €460 (-49.1%), from €935 to €476
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 | €153,540 | €181,111 | +€27,571 | +18.0% |
| Fixed assets | 21/28 | €3,559 | €2,313 | -€1,246 | -35.0% |
| Tangible fixed assets | 22/27 | €3,524 | €2,278 | -€1,246 | -35.4% |
| Furniture and vehicles | 24 | €3,524 | €2,278 | -€1,246 | -35.4% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €149,982 | €178,798 | +€28,817 | +19.2% |
| Amounts receivable within one year | 40/41 | €60,171 | €61,614 | +€1,443 | +2.4% |
| Trade receivables | 40 | €55,277 | €61,583 | +€6,306 | +11.4% |
| Other amounts receivable | 41 | €4,894 | €31 | -€4,863 | -99.4% |
| Cash at bank and in hand | 54/58 | €88,323 | €115,718 | +€27,395 | +31.0% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,466 | -€22 | -1.4% |
| Total equity and liabilities | 10/49 | €153,540 | €181,111 | +€27,571 | +18.0% |
| Equity | 10/15 | €106,847 | €111,751 | +€4,905 | +4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,360 | €105,160 | +€4,800 | +4.8% |
| Distributable reserves | 133 | €100,360 | €105,160 | +€4,800 | +4.8% |
| Profit (loss) carried forward | 14 | €287 | €391 | +€105 | +36.5% |
| Amounts payable | 17/49 | €46,694 | €69,360 | +€22,666 | +48.5% |
| Amounts payable within one year | 42/48 | €43,439 | €66,294 | +€22,855 | +52.6% |
| Trade debts | 44 | €6,944 | €25,488 | +€18,543 | +267.0% |
| Suppliers | 440/4 | €6,944 | €25,488 | +€18,543 | +267.0% |
| Taxes, remuneration and social security | 45 | €4,855 | €7,908 | +€3,053 | +62.9% |
| Taxes | 450/3 | €4,855 | €7,908 | +€3,053 | +62.9% |
| Other amounts payable | 47/48 | €31,640 | €32,898 | +€1,259 | +4.0% |
| Accrued charges and deferred income | 492/3 | €3,254 | €3,066 | -€189 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,449 | €1,246 | -€5,203 | -80.7% |
| Other operating charges | 640/8 | €935 | €476 | -€460 | -49.1% |
| Gross operating margin | 9900 | €32,534 | €19,071 | -€13,463 | -41.4% |
| Operating profit (loss) | 9901 | €25,150 | €17,349 | -€7,801 | -31.0% |
| Financial income | 75/76B | €52 | - | -€52 | |
| Recurring financial income | 75 | €52 | - | -€52 | |
| Financial charges | 65/66B | €152 | €85 | -€67 | -44.1% |
| Recurring financial charges | 65 | €152 | €85 | -€67 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €25,050 | €17,264 | -€7,786 | -31.1% |
| Income taxes | 67/77 | €7,680 | €5,360 | -€2,320 | -30.2% |
| Profit (loss) for the period | 9904 | €17,370 | €11,905 | -€5,466 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,370 | €11,905 | -€5,466 | -31.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.