QPIT: what changed
Two fiscal 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.
QPIT
Largest movements
- Receivables within one year -€15,692
down €15,692 (-38.2%), from €41,091 to €25,399
of which Trade receivables: -€12,924
- Tangible fixed assets +€4,282
new in 2024: €4,282
- Cash +€3,198
up €3,198 (+26.9%), from €11,871 to €15,069
mainly Receivables within one year (+€15,692) and Other debts (+€4,328)
- Advances received -€14,566
down €14,566 (-100.0%), from €14,566 to €0
- Other debts +€4,328
up €4,328 (+21.0%), from €20,592 to €24,920
- Profit (loss) carried forward +€3,043
up €3,043 (+16.2%), from €18,798 to €21,841
- Trade debts -€1,267
down €1,267 (-38.8%), from €3,264 to €1,997
- Financial charges -€411
down €411 (-59.4%), from €692 to €281
- Depreciation +€77
new in 2024: €77
- Gross operating margin -€68
down €68 (-1.7%), from €4,014 to €3,946
- Other operating charges +€56
up €56 (+11.0%), from €508 to €564
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 | €82,762 | €74,300 | -€8,462 | -10.2% |
| Fixed assets | 21/28 | - | €4,282 | +€4,282 | |
| Tangible fixed assets | 22/27 | - | €4,282 | +€4,282 | |
| Furniture and vehicles | 24 | - | €4,282 | +€4,282 | |
| Current assets | 29/58 | €82,762 | €70,018 | -€12,745 | -15.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,800 | €4,550 | -€250 | -5.2% |
| Stocks | 30/36 | €4,800 | €4,550 | -€250 | -5.2% |
| Amounts receivable within one year | 40/41 | €41,091 | €25,399 | -€15,692 | -38.2% |
| Trade receivables | 40 | €37,236 | €24,312 | -€12,924 | -34.7% |
| Other amounts receivable | 41 | €3,855 | €1,087 | -€2,768 | -71.8% |
| Cash at bank and in hand | 54/58 | €11,871 | €15,069 | +€3,198 | +26.9% |
| Total equity and liabilities | 10/49 | €82,762 | €74,300 | -€8,462 | -10.2% |
| Equity | 10/15 | €27,498 | €30,541 | +€3,043 | +11.1% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,798 | €21,841 | +€3,043 | +16.2% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €40,264 | €28,759 | -€11,505 | -28.6% |
| Amounts payable within one year | 42/48 | €40,264 | €28,759 | -€11,505 | -28.6% |
| Trade debts | 44 | €3,264 | €1,997 | -€1,267 | -38.8% |
| Suppliers | 440/4 | €3,264 | €1,997 | -€1,267 | -38.8% |
| Advances received on contracts in progress | 46 | €14,566 | €0 | -€14,566 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,843 | €1,843 | = | 0.0% |
| Taxes | 450/3 | €1,843 | €1,843 | = | 0.0% |
| Other amounts payable | 47/48 | €20,592 | €24,920 | +€4,328 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €77 | +€77 | |
| Other operating charges | 640/8 | €508 | €564 | +€56 | +11.0% |
| Gross operating margin | 9900 | €4,014 | €3,946 | -€68 | -1.7% |
| Operating profit (loss) | 9901 | €3,506 | €3,304 | -€201 | -5.7% |
| Financial income | 75/76B | €8 | €19 | +€12 | +151.7% |
| Recurring financial income | 75 | €8 | €19 | +€12 | +151.7% |
| Financial charges | 65/66B | €692 | €281 | -€411 | -59.4% |
| Recurring financial charges | 65 | €692 | €281 | -€411 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €2,822 | €3,043 | +€221 | +7.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €2,822 | €3,043 | +€221 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,822 | €3,043 | +€221 | +7.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.