Qplus Consult: 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.
What changed
Qplus Consult
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€381,802
2024 · €365,809+€15,993
Equity
€2.2m
2024 · €2.0m+€131,802
Cash
€572,682
2024 · €815,501-€242,820
Balance sheet total
€3.8m
2024 · €3.4m+€356,580
Largest movements
Assets
- Receivables within one year +€315,716
up €315,716 (+31.6%), from €998,468 to €1.3m
- Receivables after one year +€251,990
up €251,990 (+18.6%), from €1.4m to €1.6m
- Cash -€242,820
down €242,820 (-29.8%), from €815,501 to €572,682
mainly Receivables within one year (-€315,716) and Receivables after one year (-€251,990)
Equity and liabilities
- Other debts +€235,000
up €235,000 (+1566.7%), from €15,000 to €250,000
- Reserves +€131,802
up €131,802 (+9.9%), from €1.3m to €1.5m
of which Distributable reserves: +€71,430
- Trade debts -€79,650
down €79,650 (-8.4%), from €944,573 to €864,923
Income statement
- Gross operating margin +€155,423
up €155,423 (+13.8%), from €1.1m to €1.3m
- Staff costs +€97,998
up €97,998 (+16.1%), from €608,239 to €706,237
- Depreciation +€22,624
up €22,624 (+52.4%), from €43,171 to €65,796
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.
Result 2024
€365,809
Gross operating margin
+€155,423
Staff costs
-€97,998
Depreciation
-€22,624
Write-downs
-€5,080
Provisions
-€6,336
Other operating charges
-€1,066
Financial income
+€10,367
Financial charges
-€5,073
Taxes
-€11,619
Result 2025
€381,802
Cash bridge derived
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.
From operations
+€46,426
Investment
-€87,251
Financing
-€201,995
Cash 2024
€815,501
From operations (derived)
+€46,426
Net result for the year
+€381,802
Depreciation
+€65,796
Receivables after one year
-€251,990
Receivables within one year
-€315,716
Deferred charges and accrued income
-€10,239
Provisions
+€6,336
Trade debts
-€79,650
Tax, wage and social debts
-€5,835
Other debts
+€235,000
Accrued charges and deferred income
+€20,922
Investment (derived)
-€87,251
Investment in fixed assets (net)
-€87,251
Financing
-€201,995
Debts after one year
+€31,647
Current portion of long-term debt
+€3,358
Short-term financial debts
+€13,000
Contributions, distributions and other
-€250,000
Cash 2025
€572,682
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,439,541 | €3,796,121 | +€356,580 | +10.4% |
| Fixed assets | 21/28 | €249,095 | €270,550 | +€21,455 | +8.6% |
| Tangible fixed assets | 22/27 | €249,095 | €270,550 | +€21,455 | +8.6% |
| Plant, machinery and equipment | 23 | €9,790 | €6,082 | -€3,708 | -37.9% |
| Furniture and vehicles | 24 | €59,055 | €79,265 | +€20,210 | +34.2% |
| Other tangible fixed assets | 26 | €180,251 | €185,204 | +€4,953 | +2.7% |
| Current assets | 29/58 | €3,190,446 | €3,525,571 | +€335,125 | +10.5% |
| Amounts receivable after more than one year | 29 | €1,355,808 | €1,607,797 | +€251,990 | +18.6% |
| Other amounts receivable | 291 | €1,355,808 | €1,607,797 | +€251,990 | +18.6% |
| Amounts receivable within one year | 40/41 | €998,468 | €1,314,184 | +€315,716 | +31.6% |
| Trade receivables | 40 | €998,468 | €1,314,184 | +€315,716 | +31.6% |
| Cash at bank and in hand | 54/58 | €815,501 | €572,682 | -€242,820 | -29.8% |
| Deferred charges and accrued income | 490/1 | €20,669 | €30,908 | +€10,239 | +49.5% |
| Total equity and liabilities | 10/49 | €3,439,541 | €3,796,121 | +€356,580 | +10.4% |
| Equity | 10/15 | €2,027,844 | €2,159,646 | +€131,802 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,334,156 | €1,465,958 | +€131,802 | +9.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €126,300 | €186,672 | +€60,372 | +47.8% |
| Distributable reserves | 133 | €1,207,856 | €1,279,286 | +€71,430 | +5.9% |
| Profit (loss) carried forward | 14 | €681,288 | €681,288 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €6,336 | +€6,336 | |
| Provisions for liabilities and charges | 160/5 | - | €6,336 | +€6,336 | |
| Other liabilities and charges | 164/5 | - | €6,336 | +€6,336 | |
| Amounts payable | 17/49 | €1,411,697 | €1,630,140 | +€218,442 | +15.5% |
| Amounts payable after more than one year | 17 | €130,374 | €162,022 | +€31,647 | +24.3% |
| Financial debts | 170/4 | €130,374 | €162,022 | +€31,647 | +24.3% |
| Amounts payable within one year | 42/48 | €1,281,169 | €1,447,041 | +€165,873 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €18,699 | €22,057 | +€3,358 | +18.0% |
| Financial debts | 43 | €28,000 | €41,000 | +€13,000 | +46.4% |
| Credit institutions | 430/8 | €28,000 | €41,000 | +€13,000 | +46.4% |
| Trade debts | 44 | €944,573 | €864,923 | -€79,650 | -8.4% |
| Suppliers | 440/4 | €944,573 | €864,923 | -€79,650 | -8.4% |
| Taxes, remuneration and social security | 45 | €274,896 | €269,061 | -€5,835 | -2.1% |
| Taxes | 450/3 | €208,092 | €149,257 | -€58,835 | -28.3% |
| Remuneration and social security | 454/9 | €66,804 | €119,804 | +€53,000 | +79.3% |
| Other amounts payable | 47/48 | €15,000 | €250,000 | +€235,000 | +1566.7% |
| Accrued charges and deferred income | 492/3 | €154 | €21,077 | +€20,922 | +13552.4% |
| Remuneration, social security and pensions | 62 | €608,239 | €706,237 | +€97,998 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,171 | €65,796 | +€22,624 | +52.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,080 | +€5,080 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,336 | +€6,336 | |
| Other operating charges | 640/8 | €3,670 | €4,736 | +€1,066 | +29.1% |
| Gross operating margin | 9900 | €1,130,083 | €1,285,506 | +€155,423 | +13.8% |
| Operating profit (loss) | 9901 | €475,002 | €497,321 | +€22,318 | +4.7% |
| Financial income | 75/76B | €71,511 | €81,878 | +€10,367 | +14.5% |
| Recurring financial income | 75 | €71,511 | €81,878 | +€10,367 | +14.5% |
| Financial charges | 65/66B | €11,324 | €16,398 | +€5,073 | +44.8% |
| Recurring financial charges | 65 | €11,324 | €16,398 | +€5,073 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €535,189 | €562,801 | +€27,612 | +5.2% |
| Income taxes | 67/77 | €169,380 | €180,999 | +€11,619 | +6.9% |
| Profit (loss) for the period | 9904 | €365,809 | €381,802 | +€15,993 | +4.4% |
| Transfer from tax-exempt reserves | 789 | - | €2,778 | +€2,778 | |
| Transfer to tax-exempt reserves | 689 | €63,150 | €63,150 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €302,659 | €321,430 | +€18,771 | +6.2% |
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 9 October 2026 via checked.be.