QP FABRICS: 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.
QP FABRICS
Largest movements
- Cash -€34,387
down €34,387 (-33.8%), from €101,662 to €67,275
mainly Other debts (-€30,000) and Debts after one year (-€17,000)
- Stocks and contracts -€5,362
down €5,362 (-11.6%), from €46,256 to €40,894
- Receivables within one year -€5,091
down €5,091 (-12.7%), from €39,979 to €34,888
of which Trade receivables: -€10,475
- Tangible fixed assets -€3,588
down €3,588 (-33.6%), from €10,672 to €7,084
of which Furniture and vehicles: -€2,293
- Other debts -€30,000
down €30,000 (-97.9%), from €30,655 to €655
- Debts after one year -€17,000
down €17,000 (-40.0%), from €42,500 to €25,500
- Reserves +€6,318
up €6,318 (+16.2%), from €39,060 to €45,379
- Tax, wage and social debts -€4,670
down €4,670 (-22.0%), from €21,269 to €16,599
- Gross operating margin -€38,225
down €38,225 (-72.2%), from €52,921 to €14,697
- Taxes -€6,884
down €6,884 (-78.4%), from €8,781 to €1,897
- Other operating charges -€1,069
down €1,069 (-26.3%), from €4,061 to €2,992
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 | €200,260 | €152,623 | -€47,637 | -23.8% |
| Fixed assets | 21/28 | €10,672 | €7,084 | -€3,588 | -33.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €10,672 | €7,084 | -€3,588 | -33.6% |
| Furniture and vehicles | 24 | €3,167 | €873 | -€2,293 | -72.4% |
| Other tangible fixed assets | 26 | €7,505 | €6,210 | -€1,295 | -17.3% |
| Current assets | 29/58 | €189,588 | €145,540 | -€44,049 | -23.2% |
| Stocks and contracts in progress | 3 | €46,256 | €40,894 | -€5,362 | -11.6% |
| Stocks | 30/36 | €46,256 | €40,894 | -€5,362 | -11.6% |
| Amounts receivable within one year | 40/41 | €39,979 | €34,888 | -€5,091 | -12.7% |
| Trade receivables | 40 | €33,185 | €22,710 | -€10,475 | -31.6% |
| Other amounts receivable | 41 | €6,794 | €12,178 | +€5,384 | +79.2% |
| Cash at bank and in hand | 54/58 | €101,662 | €67,275 | -€34,387 | -33.8% |
| Deferred charges and accrued income | 490/1 | €1,691 | €2,482 | +€791 | +46.8% |
| Total equity and liabilities | 10/49 | €200,260 | €152,623 | -€47,637 | -23.8% |
| Equity | 10/15 | €59,060 | €65,379 | +€6,318 | +10.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €39,060 | €45,379 | +€6,318 | +16.2% |
| Distributable reserves | 133 | €39,060 | €45,379 | +€6,318 | +16.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €141,199 | €87,245 | -€53,955 | -38.2% |
| Amounts payable after more than one year | 17 | €42,500 | €25,500 | -€17,000 | -40.0% |
| Other amounts payable | 178/9 | €42,500 | €25,500 | -€17,000 | -40.0% |
| Amounts payable within one year | 42/48 | €97,649 | €61,745 | -€35,905 | -36.8% |
| Trade debts | 44 | €36,691 | €35,456 | -€1,235 | -3.4% |
| Suppliers | 440/4 | €36,691 | €35,456 | -€1,235 | -3.4% |
| Advances received on contracts in progress | 46 | €9,034 | €9,034 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,269 | €16,599 | -€4,670 | -22.0% |
| Taxes | 450/3 | €21,269 | €16,599 | -€4,670 | -22.0% |
| Other amounts payable | 47/48 | €30,655 | €655 | -€30,000 | -97.9% |
| Accrued charges and deferred income | 492/3 | €1,050 | €0 | -€1,050 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,921 | €3,588 | -€333 | -8.5% |
| Other operating charges | 640/8 | €4,061 | €2,992 | -€1,069 | -26.3% |
| Non-recurring operating charges | 66A | €1,308 | €0 | -€1,308 | -100% |
| Gross operating margin | 9900 | €52,921 | €14,697 | -€38,225 | -72.2% |
| Operating profit (loss) | 9901 | €43,631 | €8,117 | -€35,514 | -81.4% |
| Financial income | 75/76B | - | €266 | +€266 | |
| Recurring financial income | 75 | - | €266 | +€266 | |
| Financial charges | 65/66B | €199 | €168 | -€31 | -15.6% |
| Recurring financial charges | 65 | €199 | €168 | -€31 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €43,432 | €8,215 | -€35,217 | -81.1% |
| Income taxes | 67/77 | €8,781 | €1,897 | -€6,884 | -78.4% |
| Profit (loss) for the period | 9904 | €34,651 | €6,318 | -€28,333 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,651 | €6,318 | -€28,333 | -81.8% |
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 18 October 2026 via checked.be.