Qogito: 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.
Qogito
Largest movements
- Cash +€42,750
up €42,750 (+95.4%), from €44,795 to €87,545
mainly Net result for the year (+€38,649) and Depreciation (+€16,496)
- Tangible fixed assets -€16,496
down €16,496 (-36.5%), from €45,151 to €28,656
- Reserves +€38,649
up €38,649 (+5.6%), from €695,218 to €733,866
- Other debts -€14,575
down €14,575 (-39.8%), from €36,610 to €22,035
- Gross operating margin +€32,759
up €32,759 (+91.1%), from €35,974 to €68,733
- Depreciation +€12,160
up €12,160 (+280%), from €4,335 to €16,496
- Taxes +€5,376
up €5,376 (+83.9%), from €6,407 to €11,783
- Other operating charges +€716
up €716 (+66.0%), from €1,086 to €1,802
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 | €757,240 | €784,356 | +€27,115 | +3.6% |
| Fixed assets | 21/28 | €45,151 | €28,656 | -€16,496 | -36.5% |
| Tangible fixed assets | 22/27 | €45,151 | €28,656 | -€16,496 | -36.5% |
| Furniture and vehicles | 24 | €45,151 | €28,656 | -€16,496 | -36.5% |
| Current assets | 29/58 | €712,089 | €755,700 | +€43,611 | +6.1% |
| Amounts receivable after more than one year | 29 | €650,000 | €650,000 | = | 0.0% |
| Other amounts receivable | 291 | €650,000 | €650,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,085 | €15,148 | +€62 | +0.4% |
| Trade receivables | 40 | €12,514 | €15,125 | +€2,611 | +20.9% |
| Other amounts receivable | 41 | €2,571 | €23 | -€2,549 | -99.1% |
| Cash at bank and in hand | 54/58 | €44,795 | €87,545 | +€42,750 | +95.4% |
| Deferred charges and accrued income | 490/1 | €2,209 | €3,007 | +€798 | +36.1% |
| Total equity and liabilities | 10/49 | €757,240 | €784,356 | +€27,115 | +3.6% |
| Equity | 10/15 | €713,818 | €752,466 | +€38,649 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €695,218 | €733,866 | +€38,649 | +5.6% |
| Distributable reserves | 133 | €695,218 | €733,866 | +€38,649 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,423 | €31,889 | -€11,533 | -26.6% |
| Amounts payable within one year | 42/48 | €43,423 | €31,889 | -€11,533 | -26.6% |
| Financial debts | 43 | €791 | €0 | -€791 | -100% |
| Other loans | 439 | €791 | €0 | -€791 | -100% |
| Trade debts | 44 | €1,092 | €522 | -€571 | -52.3% |
| Suppliers | 440/4 | €1,092 | €522 | -€571 | -52.3% |
| Taxes, remuneration and social security | 45 | €4,929 | €9,333 | +€4,404 | +89.4% |
| Taxes | 450/3 | €4,929 | €9,333 | +€4,404 | +89.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €36,610 | €22,035 | -€14,575 | -39.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,335 | €16,496 | +€12,160 | +280% |
| Other operating charges | 640/8 | €1,086 | €1,802 | +€716 | +66.0% |
| Non-recurring operating charges | 66A | €4,578 | €0 | -€4,578 | -100% |
| Gross operating margin | 9900 | €35,974 | €68,733 | +€32,759 | +91.1% |
| Operating profit (loss) | 9901 | €25,976 | €50,436 | +€24,461 | +94.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €31 | €4 | -€27 | -86.5% |
| Recurring financial charges | 65 | €31 | €4 | -€27 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €25,945 | €50,432 | +€24,487 | +94.4% |
| Income taxes | 67/77 | €6,407 | €11,783 | +€5,376 | +83.9% |
| Profit (loss) for the period | 9904 | €19,538 | €38,649 | +€19,111 | +97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,538 | €38,649 | +€19,111 | +97.8% |
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 17 October 2026 via checked.be.