Qual Inf'inity: 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.
Qual Inf'inity
Largest movements
- Receivables within one year +€66,735
up €66,735 (+170.9%), from €39,055 to €105,790
of which Other amounts receivable: +€37,049
- Tangible fixed assets +€55,964
up €55,964 (+484.0%), from €11,562 to €67,525
- Cash -€7,847
down €7,847 (-45.6%), from €17,223 to €9,376
mainly Investment in fixed assets (net) (-€73,785) and Receivables within one year (-€66,735)
- Profit (loss) carried forward +€51,788
up €51,788 (+110.1%), from €47,025 to €98,813
- Debts after one year +€44,590
new in 2025: €44,590
- Current portion of long-term debt +€12,420
new in 2025: €12,420
- Tax, wage and social debts +€3,545
up €3,545 (+19.8%), from €17,936 to €21,481
- Trade debts +€2,241
up €2,241 (+346.8%), from €646 to €2,888
- Gross operating margin +€23,534
up €23,534 (+35.3%), from €66,690 to €90,225
- Depreciation +€11,185
up €11,185 (+168.5%), from €6,637 to €17,821
- Other operating charges +€3,619
up €3,619 (+715.5%), from €506 to €4,125
- Taxes +€2,254
up €2,254 (+17.8%), from €12,689 to €14,944
- Financial charges +€1,431
up €1,431 (+1226.8%), from €117 to €1,547
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 | €68,108 | €182,692 | +€114,584 | +168.2% |
| Fixed assets | 21/28 | €11,562 | €67,525 | +€55,964 | +484.0% |
| Tangible fixed assets | 22/27 | €11,562 | €67,525 | +€55,964 | +484.0% |
| Furniture and vehicles | 24 | €11,562 | €67,525 | +€55,964 | +484.0% |
| Current assets | 29/58 | €56,546 | €115,166 | +€58,620 | +103.7% |
| Amounts receivable within one year | 40/41 | €39,055 | €105,790 | +€66,735 | +170.9% |
| Trade receivables | 40 | €1,307 | €30,993 | +€29,686 | +2271.7% |
| Other amounts receivable | 41 | €37,748 | €74,797 | +€37,049 | +98.1% |
| Cash at bank and in hand | 54/58 | €17,223 | €9,376 | -€7,847 | -45.6% |
| Deferred charges and accrued income | 490/1 | €268 | - | -€268 | |
| Total equity and liabilities | 10/49 | €68,108 | €182,692 | +€114,584 | +168.2% |
| Equity | 10/15 | €49,525 | €101,313 | +€51,788 | +104.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,025 | €98,813 | +€51,788 | +110.1% |
| Amounts payable | 17/49 | €18,583 | €81,379 | +€62,796 | +337.9% |
| Amounts payable after more than one year | 17 | - | €44,590 | +€44,590 | |
| Financial debts | 170/4 | - | €44,590 | +€44,590 | |
| Amounts payable within one year | 42/48 | €18,583 | €36,788 | +€18,206 | +98.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,420 | +€12,420 | |
| Trade debts | 44 | €646 | €2,888 | +€2,241 | +346.8% |
| Suppliers | 440/4 | €646 | €2,888 | +€2,241 | +346.8% |
| Taxes, remuneration and social security | 45 | €17,936 | €21,481 | +€3,545 | +19.8% |
| Taxes | 450/3 | €17,936 | €21,481 | +€3,545 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,637 | €17,821 | +€11,185 | +168.5% |
| Other operating charges | 640/8 | €506 | €4,125 | +€3,619 | +715.5% |
| Gross operating margin | 9900 | €66,690 | €90,225 | +€23,534 | +35.3% |
| Operating profit (loss) | 9901 | €59,548 | €68,279 | +€8,731 | +14.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €117 | €1,547 | +€1,431 | +1226.8% |
| Recurring financial charges | 65 | €117 | €1,547 | +€1,431 | +1226.8% |
| Profit (loss) for the period before taxes | 9903 | €59,431 | €66,732 | +€7,301 | +12.3% |
| Income taxes | 67/77 | €12,689 | €14,944 | +€2,254 | +17.8% |
| Profit (loss) for the period | 9904 | €46,742 | €51,788 | +€5,046 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,742 | €51,788 | +€5,046 | +10.8% |
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 30 September 2026 via checked.be.