QPM CONSULTING: 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.
QPM CONSULTING
Largest movements
- Tangible fixed assets +€485,321
up €485,321 (+2,402%), from €20,208 to €505,529
of which Land and buildings: +€493,070
- Current investments -€129,768
down €129,768 (-83.7%), from €155,001 to €25,233
- Cash -€85,285
down €85,285 (-25.7%), from €332,459 to €247,173
mainly Investment in fixed assets (net) (-€530,884) and Contributions, distributions and other (-€400,650)
- Receivables within one year -€23,667
down €23,667 (-14.6%), from €161,966 to €138,299
of which Trade receivables: -€56,819
- Debts after one year +€359,001
new in 2024: €359,001
- Profit (loss) carried forward -€101,930
down €101,930 (-62.2%), from €163,863 to €61,933
- Tax, wage and social debts -€45,204
down €45,204 (-70.7%), from €63,943 to €18,738
- Current portion of long-term debt +€14,593
new in 2024: €14,593
- Contributions +€12,350
up €12,350 (+199%), from €6,200 to €18,550
- Gross operating margin +€237,546
up €237,546 (+103%), from €230,952 to €468,498
- Taxes +€45,589
up €45,589 (+76.8%), from €59,354 to €104,943
- Depreciation +€37,099
up €37,099 (+438%), from €8,464 to €45,563
- Financial charges +€7,880
up €7,880 (+596%), from €1,323 to €9,203
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.
Derived cash bridge
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 | €674,723 | €917,558 | +€242,834 | +36.0% |
| Fixed assets | 21/28 | €20,208 | €505,529 | +€485,321 | +2,402% |
| Tangible fixed assets | 22/27 | €20,208 | €505,529 | +€485,321 | +2,402% |
| Land and buildings | 22 | - | €493,070 | +€493,070 | |
| Plant, machinery and equipment | 23 | €3,824 | €3,664 | -€159 | -4.2% |
| Furniture and vehicles | 24 | €16,384 | €8,795 | -€7,590 | -46.3% |
| Current assets | 29/58 | €654,515 | €412,029 | -€242,486 | -37.0% |
| Amounts receivable within one year | 40/41 | €161,966 | €138,299 | -€23,667 | -14.6% |
| Trade receivables | 40 | €146,370 | €89,551 | -€56,819 | -38.8% |
| Other amounts receivable | 41 | €15,596 | €48,748 | +€33,152 | +213% |
| Current investments | 50/53 | €155,001 | €25,233 | -€129,768 | -83.7% |
| Cash at bank and in hand | 54/58 | €332,459 | €247,173 | -€85,285 | -25.7% |
| Deferred charges and accrued income | 490/1 | €5,090 | €1,324 | -€3,766 | -74.0% |
| Total equity and liabilities | 10/49 | €674,723 | €917,558 | +€242,834 | +36.0% |
| Equity | 10/15 | €599,551 | €509,971 | -€89,580 | -14.9% |
| Contributions | 10/11 | €6,200 | €18,550 | +€12,350 | +199% |
| Reserves | 13 | €429,488 | €429,488 | = | 0.0% |
| Distributable reserves | 133 | €429,488 | €429,488 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,863 | €61,933 | -€101,930 | -62.2% |
| Amounts payable | 17/49 | €75,173 | €407,587 | +€332,415 | +442% |
| Amounts payable after more than one year | 17 | - | €359,001 | +€359,001 | |
| Financial debts | 170/4 | - | €359,001 | +€359,001 | |
| Amounts payable within one year | 42/48 | €75,173 | €47,011 | -€28,162 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | - | €14,593 | +€14,593 | |
| Trade debts | 44 | €10,813 | €3,314 | -€7,499 | -69.4% |
| Suppliers | 440/4 | €10,813 | €3,314 | -€7,499 | -69.4% |
| Taxes, remuneration and social security | 45 | €63,943 | €18,738 | -€45,204 | -70.7% |
| Taxes | 450/3 | €63,943 | €18,738 | -€45,204 | -70.7% |
| Other amounts payable | 47/48 | €417 | €10,366 | +€9,949 | +2,386% |
| Accrued charges and deferred income | 492/3 | - | €1,575 | +€1,575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,464 | €45,563 | +€37,099 | +438% |
| Other operating charges | 640/8 | €1,190 | €3,741 | +€2,551 | +214% |
| Gross operating margin | 9900 | €230,952 | €468,498 | +€237,546 | +103% |
| Operating profit (loss) | 9901 | €221,297 | €419,193 | +€197,896 | +89.4% |
| Financial income | 75/76B | €2,642 | €6,022 | +€3,380 | +128% |
| Recurring financial income | 75 | €2,642 | €6,022 | +€3,380 | +128% |
| Financial charges | 65/66B | €1,323 | €9,203 | +€7,880 | +596% |
| Recurring financial charges | 65 | €1,323 | €9,203 | +€7,880 | +596% |
| Profit (loss) for the period before taxes | 9903 | €222,616 | €416,012 | +€193,397 | +86.9% |
| Income taxes | 67/77 | €59,354 | €104,943 | +€45,589 | +76.8% |
| Profit (loss) for the period | 9904 | €163,262 | €311,070 | +€147,808 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €163,262 | €311,070 | +€147,808 | +90.5% |
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 16 October 2026 via checked.be.