QP PROPERTY: 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 PROPERTY
Largest movements
- Receivables within one year +€229,043
up €229,043 (+14.3%), from €1.6m to €1.8m
of which Other amounts receivable: +€237,195
- Tangible fixed assets +€36,658
up €36,658 (+72.4%), from €50,667 to €87,325
- Tax, wage and social debts -€340,308
down €340,308 (-99.5%), from €341,868 to €1,560
of which Taxes: -€333,572
- Trade debts +€285,716
up €285,716 (+248.3%), from €115,076 to €400,792
- Profit (loss) carried forward +€260,593
up €260,593 (+25.8%), from €1.0m to €1.3m
- Accrued charges and deferred income +€68,788
up €68,788 (+4585.9%), from €1,500 to €70,288
- Gross operating margin -€392,154
down €392,154 (-43.3%), from €905,022 to €512,868
- Taxes -€119,379
down €119,379 (-57.9%), from €206,243 to €86,864
- Staff costs +€91,055
up €91,055 (+177.4%), from €51,325 to €142,380
- Financial charges +€11,146
up €11,146 (+19243.4%), from €58 to €11,204
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,693,598 | €1,968,388 | +€274,790 | +16.2% |
| Fixed assets | 21/28 | €72,417 | €100,075 | +€27,658 | +38.2% |
| Tangible fixed assets | 22/27 | €50,667 | €87,325 | +€36,658 | +72.4% |
| Plant, machinery and equipment | 23 | €50,667 | €87,325 | +€36,658 | +72.4% |
| Financial fixed assets | 28 | €21,750 | €12,750 | -€9,000 | -41.4% |
| Current assets | 29/58 | €1,621,181 | €1,868,313 | +€247,132 | +15.2% |
| Amounts receivable within one year | 40/41 | €1,605,548 | €1,834,591 | +€229,043 | +14.3% |
| Trade receivables | 40 | €8,152 | - | -€8,152 | |
| Other amounts receivable | 41 | €1,597,396 | €1,834,591 | +€237,195 | +14.8% |
| Cash at bank and in hand | 54/58 | €1,002 | €6,191 | +€5,188 | +517.6% |
| Deferred charges and accrued income | 490/1 | €14,631 | €27,532 | +€12,901 | +88.2% |
| Total equity and liabilities | 10/49 | €1,693,598 | €1,968,388 | +€274,790 | +16.2% |
| Equity | 10/15 | €1,235,155 | €1,495,747 | +€260,593 | +21.1% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,010,155 | €1,270,747 | +€260,593 | +25.8% |
| Amounts payable | 17/49 | €458,444 | €472,641 | +€14,197 | +3.1% |
| Amounts payable within one year | 42/48 | €456,944 | €402,352 | -€54,591 | -11.9% |
| Trade debts | 44 | €115,076 | €400,792 | +€285,716 | +248.3% |
| Suppliers | 440/4 | €115,076 | €400,792 | +€285,716 | +248.3% |
| Taxes, remuneration and social security | 45 | €341,868 | €1,560 | -€340,308 | -99.5% |
| Taxes | 450/3 | €333,572 | - | -€333,572 | |
| Remuneration and social security | 454/9 | €8,296 | €1,560 | -€6,736 | -81.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €70,288 | +€68,788 | +4585.9% |
| Remuneration, social security and pensions | 62 | €51,325 | €142,380 | +€91,055 | +177.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,668 | €11,827 | +€3,159 | +36.4% |
| Gross operating margin | 9900 | €905,022 | €512,868 | -€392,154 | -43.3% |
| Operating profit (loss) | 9901 | €845,029 | €358,660 | -€486,368 | -57.6% |
| Financial charges | 65/66B | €58 | €11,204 | +€11,146 | +19243.4% |
| Recurring financial charges | 65 | €58 | €11,204 | +€11,146 | +19243.4% |
| Profit (loss) for the period before taxes | 9903 | €844,971 | €347,457 | -€497,514 | -58.9% |
| Income taxes | 67/77 | €206,243 | €86,864 | -€119,379 | -57.9% |
| Profit (loss) for the period | 9904 | €638,728 | €260,593 | -€378,135 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €638,728 | €260,593 | -€378,135 | -59.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.