Qori: 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.
Qori
Largest movements
- Cash -€38,861
down €38,861 (-28.8%), from €134,954 to €96,092
mainly Contributions, distributions and other (-€24,390) and Tax, wage and social debts (-€23,561)
- Receivables within one year +€23,155
up €23,155 (+531%), from €4,360 to €27,515
of which Trade receivables: +€19,980
- Tangible fixed assets +€4,970
up €4,970 (+124%), from €3,997 to €8,967
- Tax, wage and social debts -€23,561
down €23,561 (-69.2%), from €34,037 to €10,476
of which Taxes: -€23,575
- Reserves +€8,642
up €8,642 (+12.3%), from €70,039 to €78,681
- Other debts +€3,294
up €3,294 (+9.2%), from €35,786 to €39,080
- Taxes -€1,292
down €1,292 (-9.8%), from €13,117 to €11,825
- Depreciation +€937
up €937 (+298%), from €314 to €1,252
- Gross operating margin +€831
up €831 (+1.8%), from €46,392 to €47,223
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 | €150,243 | €138,633 | -€11,610 | -7.7% |
| Fixed assets | 21/28 | €3,997 | €8,967 | +€4,970 | +124% |
| Tangible fixed assets | 22/27 | €3,997 | €8,967 | +€4,970 | +124% |
| Furniture and vehicles | 24 | €3,997 | €8,967 | +€4,970 | +124% |
| Current assets | 29/58 | €146,246 | €129,665 | -€16,580 | -11.3% |
| Amounts receivable after more than one year | 29 | €4,923 | €4,129 | -€794 | -16.1% |
| Other amounts receivable | 291 | €4,923 | €4,129 | -€794 | -16.1% |
| Stocks and contracts in progress | 3 | €1,259 | €1,259 | = | 0.0% |
| Stocks | 30/36 | €1,259 | €1,259 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,360 | €27,515 | +€23,155 | +531% |
| Trade receivables | 40 | €4,360 | €24,340 | +€19,980 | +458% |
| Other amounts receivable | 41 | - | €3,175 | +€3,175 | |
| Cash at bank and in hand | 54/58 | €134,954 | €96,092 | -€38,861 | -28.8% |
| Deferred charges and accrued income | 490/1 | €750 | €670 | -€80 | -10.6% |
| Total equity and liabilities | 10/49 | €150,243 | €138,633 | -€11,610 | -7.7% |
| Equity | 10/15 | €78,039 | €86,681 | +€8,642 | +11.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €70,039 | €78,681 | +€8,642 | +12.3% |
| Distributable reserves | 133 | €70,039 | €78,681 | +€8,642 | +12.3% |
| Amounts payable | 17/49 | €72,204 | €51,952 | -€20,253 | -28.0% |
| Amounts payable within one year | 42/48 | €72,204 | €51,952 | -€20,253 | -28.0% |
| Trade debts | 44 | €1,814 | €1,828 | +€14 | +0.8% |
| Suppliers | 440/4 | €1,814 | €1,828 | +€14 | +0.8% |
| Advances received on contracts in progress | 46 | €569 | €569 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,037 | €10,476 | -€23,561 | -69.2% |
| Taxes | 450/3 | €32,357 | €8,782 | -€23,575 | -72.9% |
| Remuneration and social security | 454/9 | €1,679 | €1,693 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €35,786 | €39,080 | +€3,294 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314 | €1,252 | +€937 | +298% |
| Other operating charges | 640/8 | €771 | €718 | -€52 | -6.8% |
| Gross operating margin | 9900 | €46,392 | €47,223 | +€831 | +1.8% |
| Operating profit (loss) | 9901 | €45,307 | €45,253 | -€54 | -0.1% |
| Financial income | 75/76B | €16 | €1 | -€15 | -91.8% |
| Recurring financial income | 75 | €16 | €1 | -€15 | -91.8% |
| Financial charges | 65/66B | €158 | €396 | +€238 | +150% |
| Recurring financial charges | 65 | €158 | €396 | +€238 | +150% |
| Profit (loss) for the period before taxes | 9903 | €45,165 | €44,858 | -€307 | -0.7% |
| Income taxes | 67/77 | €13,117 | €11,825 | -€1,292 | -9.8% |
| Profit (loss) for the period | 9904 | €32,048 | €33,033 | +€985 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,048 | €33,033 | +€985 | +3.1% |
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 30 October 2026 via checked.be.