QSOLUTIONS: what changed
Two fiscal 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.
QSOLUTIONS
Largest movements
- Cash +€150,755
up €150,755 (+137.3%), from €109,810 to €260,565
mainly Net result for the year (+€132,667) and Depreciation (+€46,553)
- Tangible fixed assets -€46,553
down €46,553 (-28.8%), from €161,541 to €114,988
of which Furniture and vehicles: -€43,313
- Receivables within one year +€10,355
up €10,355 (+21.1%), from €49,135 to €59,490
of which Other amounts receivable: +€8,146
- Reserves +€111,117
up €111,117 (+30.6%), from €362,668 to €473,786
- Trade debts +€6,390
up €6,390 (+109.9%), from €5,816 to €12,206
- Gross operating margin +€132,821
up €132,821 (+54.0%), from €245,918 to €378,739
- Staff costs +€48,777
up €48,777 (+52.5%), from €92,946 to €141,723
- Taxes +€24,047
up €24,047 (+61.8%), from €38,917 to €62,964
- Depreciation +€9,757
up €9,757 (+26.5%), from €36,796 to €46,553
- Financial income +€4,289
up €4,289 (+236.4%), from €1,814 to €6,104
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,175 | €579,458 | +€114,283 | +24.6% |
| Fixed assets | 21/28 | €161,705 | €115,152 | -€46,553 | -28.8% |
| Tangible fixed assets | 22/27 | €161,541 | €114,988 | -€46,553 | -28.8% |
| Land and buildings | 22 | €9,559 | €8,580 | -€979 | -10.2% |
| Plant, machinery and equipment | 23 | €7,176 | €4,915 | -€2,261 | -31.5% |
| Furniture and vehicles | 24 | €144,806 | €101,493 | -€43,313 | -29.9% |
| Financial fixed assets | 28 | €164 | €164 | = | 0.0% |
| Current assets | 29/58 | €303,470 | €464,307 | +€160,837 | +53.0% |
| Amounts receivable within one year | 40/41 | €49,135 | €59,490 | +€10,355 | +21.1% |
| Trade receivables | 40 | €45,108 | €47,317 | +€2,209 | +4.9% |
| Other amounts receivable | 41 | €4,027 | €12,173 | +€8,146 | +202.3% |
| Current investments | 50/53 | €144,252 | €144,252 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,810 | €260,565 | +€150,755 | +137.3% |
| Deferred charges and accrued income | 490/1 | €274 | - | -€274 | |
| Total equity and liabilities | 10/49 | €465,175 | €579,458 | +€114,283 | +24.6% |
| Equity | 10/15 | €381,268 | €492,386 | +€111,117 | +29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €362,668 | €473,786 | +€111,117 | +30.6% |
| Distributable reserves | 133 | €362,668 | €473,786 | +€111,117 | +30.6% |
| Amounts payable | 17/49 | €83,906 | €87,073 | +€3,166 | +3.8% |
| Amounts payable within one year | 42/48 | €83,906 | €87,073 | +€3,166 | +3.8% |
| Trade debts | 44 | €5,816 | €12,206 | +€6,390 | +109.9% |
| Suppliers | 440/4 | €5,816 | €12,206 | +€6,390 | +109.9% |
| Taxes, remuneration and social security | 45 | €78,090 | €74,866 | -€3,224 | -4.1% |
| Taxes | 450/3 | €61,290 | €44,826 | -€16,464 | -26.9% |
| Remuneration and social security | 454/9 | €16,800 | €30,041 | +€13,240 | +78.8% |
| Remuneration, social security and pensions | 62 | €92,946 | €141,723 | +€48,777 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,796 | €46,553 | +€9,757 | +26.5% |
| Other operating charges | 640/8 | €453 | €716 | +€263 | +58.1% |
| Gross operating margin | 9900 | €245,918 | €378,739 | +€132,821 | +54.0% |
| Operating profit (loss) | 9901 | €115,723 | €189,746 | +€74,024 | +64.0% |
| Financial income | 75/76B | €1,814 | €6,104 | +€4,289 | +236.4% |
| Recurring financial income | 75 | €1,814 | €6,104 | +€4,289 | +236.4% |
| Financial charges | 65/66B | €630 | €219 | -€410 | -65.2% |
| Recurring financial charges | 65 | €630 | €219 | -€410 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €116,907 | €195,631 | +€78,723 | +67.3% |
| Income taxes | 67/77 | €38,917 | €62,964 | +€24,047 | +61.8% |
| Profit (loss) for the period | 9904 | €77,991 | €132,667 | +€54,677 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,991 | €132,667 | +€54,677 | +70.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.