QS 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.
QS CONSULT
Largest movements
- Cash +€22,561
up €22,561 (+33.5%), from €67,385 to €89,946
mainly Net result for the year (+€18,178) and Depreciation (+€5,383)
- Tangible fixed assets -€4,228
down €4,228 (-29.8%), from €14,185 to €9,957
- Receivables within one year +€3,340
up €3,340 (+39.3%), from €8,491 to €11,831
of which Other amounts receivable: +€2,855
- Profit (loss) carried forward +€18,178
up €18,178 (+24.4%), from €74,423 to €92,601
- Other debts +€4,907
up €4,907 (+475%), from €1,033 to €5,940
- Tax, wage and social debts -€3,077
down €3,077 (-32.8%), from €9,383 to €6,306
of which Taxes: -€3,099
- Trade debts +€1,418
up €1,418 (+153%), from €926 to €2,343
- Gross operating margin -€13,046
down €13,046 (-30.8%), from €42,329 to €29,283
- Taxes -€2,834
down €2,834 (-35.5%), from €7,979 to €5,145
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 | €90,765 | €112,437 | +€21,672 | +23.9% |
| Fixed assets | 21/28 | €14,185 | €9,957 | -€4,228 | -29.8% |
| Tangible fixed assets | 22/27 | €14,185 | €9,957 | -€4,228 | -29.8% |
| Furniture and vehicles | 24 | €14,185 | €9,957 | -€4,228 | -29.8% |
| Current assets | 29/58 | €76,580 | €102,480 | +€25,900 | +33.8% |
| Amounts receivable within one year | 40/41 | €8,491 | €11,831 | +€3,340 | +39.3% |
| Trade receivables | 40 | €8,470 | €8,955 | +€485 | +5.7% |
| Other amounts receivable | 41 | €21 | €2,876 | +€2,855 | +13,720% |
| Cash at bank and in hand | 54/58 | €67,385 | €89,946 | +€22,561 | +33.5% |
| Deferred charges and accrued income | 490/1 | €705 | €703 | -€2 | -0.2% |
| Total equity and liabilities | 10/49 | €90,765 | €112,437 | +€21,672 | +23.9% |
| Equity | 10/15 | €79,423 | €97,601 | +€18,178 | +22.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,423 | €92,601 | +€18,178 | +24.4% |
| Amounts payable | 17/49 | €11,342 | €14,837 | +€3,494 | +30.8% |
| Amounts payable within one year | 42/48 | €11,342 | €14,590 | +€3,248 | +28.6% |
| Trade debts | 44 | €926 | €2,343 | +€1,418 | +153% |
| Suppliers | 440/4 | €926 | €2,343 | +€1,418 | +153% |
| Taxes, remuneration and social security | 45 | €9,383 | €6,306 | -€3,077 | -32.8% |
| Taxes | 450/3 | €6,924 | €3,825 | -€3,099 | -44.8% |
| Remuneration and social security | 454/9 | €2,459 | €2,481 | +€22 | +0.9% |
| Other amounts payable | 47/48 | €1,033 | €5,940 | +€4,907 | +475% |
| Accrued charges and deferred income | 492/3 | - | €247 | +€247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,267 | €5,383 | +€116 | +2.2% |
| Other operating charges | 640/8 | €166 | €122 | -€45 | -26.9% |
| Gross operating margin | 9900 | €42,329 | €29,283 | -€13,046 | -30.8% |
| Operating profit (loss) | 9901 | €36,896 | €23,779 | -€13,117 | -35.6% |
| Financial charges | 65/66B | €90 | €456 | +€366 | +406% |
| Recurring financial charges | 65 | €90 | €456 | +€366 | +406% |
| Profit (loss) for the period before taxes | 9903 | €36,806 | €23,323 | -€13,483 | -36.6% |
| Income taxes | 67/77 | €7,979 | €5,145 | -€2,834 | -35.5% |
| Profit (loss) for the period | 9904 | €28,827 | €18,178 | -€10,649 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,827 | €18,178 | -€10,649 | -36.9% |
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 16 October 2026 via checked.be.