QPM BELGIUM: what changed
QPM BELGIUM
Largest movements
- Receivables within one year -€61,132
down €61,132 (-48.6%), from €125,692 to €64,561
of which Trade receivables: -€61,900
- Cash +€4,078
up €4,078 (+129%), from €3,166 to €7,244
mainly Receivables within one year (+€61,132) and Other debts (+€19,076)
- Trade debts -€43,367
down €43,367 (-53.7%), from €80,765 to €37,398
- Profit (loss) carried forward -€26,365
down €26,365 (-142%), from -€18,519 to -€44,884
- Other debts +€19,076
up €19,076 (+89.2%), from €21,378 to €40,454
- Tax, wage and social debts -€6,929
down €6,929 (-27.4%), from €25,305 to €18,376
- Gross operating margin -€65,236
down €65,236, from €39,347 to -€25,889
- Staff costs -€49,151
no longer reported in 2024 (was €49,151)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,389 | €71,804 | -€57,585 | -44.5% |
| Current assets | 29/58 | €129,389 | €71,804 | -€57,585 | -44.5% |
| Amounts receivable within one year | 40/41 | €125,692 | €64,561 | -€61,132 | -48.6% |
| Trade receivables | 40 | €125,494 | €63,594 | -€61,900 | -49.3% |
| Other amounts receivable | 41 | €199 | €967 | +€768 | +387% |
| Cash at bank and in hand | 54/58 | €3,166 | €7,244 | +€4,078 | +129% |
| Deferred charges and accrued income | 490/1 | €531 | - | -€531 | |
| Total equity and liabilities | 10/49 | €129,389 | €71,804 | -€57,585 | -44.5% |
| Equity | 10/15 | €1,941 | -€24,424 | -€26,365 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,519 | -€44,884 | -€26,365 | -142% |
| Amounts payable | 17/49 | €127,448 | €96,228 | -€31,220 | -24.5% |
| Amounts payable within one year | 42/48 | €127,448 | €96,228 | -€31,220 | -24.5% |
| Trade debts | 44 | €80,765 | €37,398 | -€43,367 | -53.7% |
| Suppliers | 440/4 | €80,765 | €37,398 | -€43,367 | -53.7% |
| Taxes, remuneration and social security | 45 | €25,305 | €18,376 | -€6,929 | -27.4% |
| Taxes | 450/3 | €25,305 | €18,376 | -€6,929 | -27.4% |
| Other amounts payable | 47/48 | €21,378 | €40,454 | +€19,076 | +89.2% |
| Remuneration, social security and pensions | 62 | €49,151 | - | -€49,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | - | -€107 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €39,347 | -€25,889 | -€65,236 | |
| Operating profit (loss) | 9901 | -€10,296 | -€26,276 | -€15,981 | -155% |
| Financial charges | 65/66B | €154 | €89 | -€66 | -42.7% |
| Recurring financial charges | 65 | €154 | €89 | -€66 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,450 | -€26,365 | -€15,915 | -152% |
| Profit (loss) for the period | 9904 | -€10,450 | -€26,365 | -€15,915 | -152% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,450 | -€26,365 | -€15,915 | -152% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.