QMASS Consulting: 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.
QMASS Consulting
Largest movements
- Receivables after one year -€63,743
down €63,743 (-32.4%), from €196,854 to €133,112
- Tangible fixed assets -€39,579
down €39,579 (-7.8%), from €506,566 to €466,987
of which Furniture and vehicles: -€20,487
- Cash -€38,479
down €38,479 (-34.0%), from €113,030 to €74,551
mainly Contributions, distributions and other (-€123,053) and Debts after one year (-€23,439)
- Reserves -€99,215
down €99,215 (-25.2%), from €393,093 to €293,878
- Debts after one year -€23,439
down €23,439 (-8.3%), from €281,099 to €257,660
- Tax, wage and social debts -€12,343
down €12,343 (-45.0%), from €27,408 to €15,065
- Other debts -€9,006
down €9,006 (-43.2%), from €20,838 to €11,832
- Gross operating margin -€52,564
down €52,564 (-38.9%), from €135,244 to €82,680
- Taxes -€13,512
down €13,512 (-56.3%), from €24,009 to €10,497
- Depreciation +€1,842
up €1,842 (+4.7%), from €38,810 to €40,652
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.
Derived cash bridge
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 | €897,310 | €754,749 | -€142,561 | -15.9% |
| Fixed assets | 21/28 | €506,566 | €466,987 | -€39,579 | -7.8% |
| Tangible fixed assets | 22/27 | €506,566 | €466,987 | -€39,579 | -7.8% |
| Land and buildings | 22 | €438,902 | €419,521 | -€19,381 | -4.4% |
| Plant, machinery and equipment | 23 | €784 | €1,571 | +€787 | +100% |
| Furniture and vehicles | 24 | €63,246 | €42,759 | -€20,487 | -32.4% |
| Other tangible fixed assets | 26 | €3,635 | €3,137 | -€498 | -13.7% |
| Current assets | 29/58 | €390,744 | €287,762 | -€102,982 | -26.4% |
| Amounts receivable after more than one year | 29 | €196,854 | €133,112 | -€63,743 | -32.4% |
| Other amounts receivable | 291 | €196,854 | €133,112 | -€63,743 | -32.4% |
| Amounts receivable within one year | 40/41 | €79,480 | €80,099 | +€619 | +0.8% |
| Trade receivables | 40 | €79,474 | €70,596 | -€8,878 | -11.2% |
| Other amounts receivable | 41 | €6 | €9,503 | +€9,498 | +165,752% |
| Cash at bank and in hand | 54/58 | €113,030 | €74,551 | -€38,479 | -34.0% |
| Deferred charges and accrued income | 490/1 | €1,380 | - | -€1,380 | |
| Total equity and liabilities | 10/49 | €897,310 | €754,749 | -€142,561 | -15.9% |
| Equity | 10/15 | €545,104 | €445,890 | -€99,215 | -18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €393,093 | €293,878 | -€99,215 | -25.2% |
| Distributable reserves | 133 | €393,093 | €293,878 | -€99,215 | -25.2% |
| Profit (loss) carried forward | 14 | €145,812 | €145,812 | = | 0.0% |
| Amounts payable | 17/49 | €352,206 | €308,859 | -€43,347 | -12.3% |
| Amounts payable after more than one year | 17 | €281,099 | €257,660 | -€23,439 | -8.3% |
| Financial debts | 170/4 | €281,099 | €257,660 | -€23,439 | -8.3% |
| Amounts payable within one year | 42/48 | €71,107 | €51,199 | -€19,908 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €22,798 | €23,439 | +€642 | +2.8% |
| Trade debts | 44 | €64 | €864 | +€800 | +1,259% |
| Suppliers | 440/4 | €64 | €864 | +€800 | +1,259% |
| Taxes, remuneration and social security | 45 | €27,408 | €15,065 | -€12,343 | -45.0% |
| Taxes | 450/3 | €27,408 | €15,065 | -€12,343 | -45.0% |
| Other amounts payable | 47/48 | €20,838 | €11,832 | -€9,006 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,810 | €40,652 | +€1,842 | +4.7% |
| Other operating charges | 640/8 | €753 | €735 | -€18 | -2.4% |
| Gross operating margin | 9900 | €135,244 | €82,680 | -€52,564 | -38.9% |
| Operating profit (loss) | 9901 | €95,680 | €41,292 | -€54,388 | -56.8% |
| Financial income | 75/76B | €3,860 | €3,161 | -€699 | -18.1% |
| Recurring financial income | 75 | €3,860 | €3,161 | -€699 | -18.1% |
| Financial charges | 65/66B | €10,519 | €10,118 | -€401 | -3.8% |
| Recurring financial charges | 65 | €10,519 | €10,118 | -€401 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €89,021 | €34,335 | -€54,686 | -61.4% |
| Income taxes | 67/77 | €24,009 | €10,497 | -€13,512 | -56.3% |
| Profit (loss) for the period | 9904 | €65,013 | €23,839 | -€41,174 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,013 | €23,839 | -€41,174 | -63.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.