QPLASTIQS: 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.
QPLASTIQS
Largest movements
- Tangible fixed assets -€76,993
down €76,993 (-65.0%), from €118,416 to €41,423
of which Plant, machinery and equipment: -€80,754
- Intangible fixed assets -€3,767
down €3,767 (-48.3%), from €7,797 to €4,030
- Cash +€2,333
up €2,333 (+15,882%), from €15 to €2,348
mainly Investment in fixed assets (net) (+€67,304) and Depreciation (+€13,456)
- Profit (loss) carried forward -€48,298
down €48,298 (-20.3%), from -€237,541 to -€285,839
- Other debts -€33,207
down €33,207 (-9.1%), from €364,313 to €331,106
- Gross operating margin +€39,954
up €39,954 (+77.3%), from -€51,686 to -€11,733
- Depreciation -€4,202
down €4,202 (-23.8%), from €17,659 to €13,456
- Other operating charges -€2,154
down €2,154 (-35.6%), from €6,045 to €3,892
- Financial income -€697
down €697 (-100%), from €697 to €0
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 | €139,082 | €58,479 | -€80,602 | -58.0% |
| Fixed assets | 21/28 | €126,213 | €45,453 | -€80,760 | -64.0% |
| Intangible fixed assets | 21 | €7,797 | €4,030 | -€3,767 | -48.3% |
| Tangible fixed assets | 22/27 | €118,416 | €41,423 | -€76,993 | -65.0% |
| Plant, machinery and equipment | 23 | €89,375 | €8,621 | -€80,754 | -90.4% |
| Furniture and vehicles | 24 | €29,040 | €32,802 | +€3,761 | +13.0% |
| Current assets | 29/58 | €12,869 | €13,027 | +€158 | +1.2% |
| Stocks and contracts in progress | 3 | €10,040 | €10,040 | = | 0.0% |
| Stocks | 30/36 | €10,040 | €10,040 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,528 | €639 | -€889 | -58.2% |
| Other amounts receivable | 41 | €1,528 | €639 | -€889 | -58.2% |
| Cash at bank and in hand | 54/58 | €15 | €2,348 | +€2,333 | +15,882% |
| Deferred charges and accrued income | 490/1 | €1,286 | €0 | -€1,286 | -100% |
| Total equity and liabilities | 10/49 | €139,082 | €58,479 | -€80,602 | -58.0% |
| Equity | 10/15 | -€227,541 | -€275,839 | -€48,298 | -21.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,541 | -€285,839 | -€48,298 | -20.3% |
| Amounts payable | 17/49 | €366,622 | €334,318 | -€32,304 | -8.8% |
| Amounts payable within one year | 42/48 | €366,622 | €334,318 | -€32,304 | -8.8% |
| Trade debts | 44 | €514 | €897 | +€383 | +74.4% |
| Suppliers | 440/4 | €514 | €897 | +€383 | +74.4% |
| Taxes, remuneration and social security | 45 | €1,795 | €2,316 | +€520 | +29.0% |
| Taxes | 450/3 | €1,795 | €2,316 | +€520 | +29.0% |
| Other amounts payable | 47/48 | €364,313 | €331,106 | -€33,207 | -9.1% |
| Non-recurring operating income | 76A | - | €5,266 | +€5,266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,659 | €13,456 | -€4,202 | -23.8% |
| Other operating charges | 640/8 | €6,045 | €3,892 | -€2,154 | -35.6% |
| Non-recurring operating charges | 66A | - | €18,955 | +€18,955 | |
| Gross operating margin | 9900 | -€51,686 | -€11,733 | +€39,954 | +77.3% |
| Operating profit (loss) | 9901 | -€75,390 | -€48,036 | +€27,354 | +36.3% |
| Financial income | 75/76B | €697 | €0 | -€697 | -100% |
| Recurring financial income | 75 | €697 | €0 | -€697 | -100% |
| Financial charges | 65/66B | €404 | €170 | -€234 | -58.0% |
| Recurring financial charges | 65 | €404 | €170 | -€234 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | -€75,097 | -€48,206 | +€26,891 | +35.8% |
| Income taxes | 67/77 | - | €92 | +€92 | |
| Profit (loss) for the period | 9904 | -€75,097 | -€48,298 | +€26,799 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,097 | -€48,298 | +€26,799 | +35.7% |
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 20 October 2026 via checked.be.