QUALEETYS: 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.
QUALEETYS
Largest movements
- Cash +€44,954
up €44,954 (+178.8%), from €25,139 to €70,094
mainly Net result for the year (+€49,391) and Depreciation (+€29,006)
- Receivables within one year -€26,100
down €26,100 (-27.0%), from €96,805 to €70,705
of which Other amounts receivable: -€15,867
- Intangible fixed assets -€23,064
down €23,064 (-29.1%), from €79,329 to €56,265
- Deferred charges and accrued income +€3,396
up €3,396 (+279.6%), from €1,215 to €4,610
- Profit (loss) carried forward +€46,537
up €46,537 (+685.8%), from €6,786 to €53,323
- Debts after one year -€42,157
down €42,157 (-35.1%), from €120,216 to €78,059
of which Other amounts payable: -€24,425
- Tax, wage and social debts -€14,234
down €14,234 (-97.8%), from €14,547 to €313
of which Taxes: -€13,105
- Trade debts +€5,700
up €5,700 (+14.5%), from €39,197 to €44,897
- Staff costs -€100,765
down €100,765 (-73.5%), from €137,140 to €36,376
- Gross operating margin -€53,074
down €53,074 (-28.1%), from €189,008 to €135,934
- Taxes +€12,420
up €12,420 (+229.3%), from €5,415 to €17,835
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 | €223,776 | €221,129 | -€2,647 | -1.2% |
| Fixed assets | 21/28 | €100,617 | €75,720 | -€24,897 | -24.7% |
| Intangible fixed assets | 21 | €79,329 | €56,265 | -€23,064 | -29.1% |
| Tangible fixed assets | 22/27 | €18,288 | €16,455 | -€1,833 | -10.0% |
| Plant, machinery and equipment | 23 | €1,244 | €933 | -€311 | -25.0% |
| Furniture and vehicles | 24 | €14,317 | €13,448 | -€869 | -6.1% |
| Other tangible fixed assets | 26 | €2,727 | €2,073 | -€653 | -24.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €123,159 | €145,409 | +€22,250 | +18.1% |
| Amounts receivable within one year | 40/41 | €96,805 | €70,705 | -€26,100 | -27.0% |
| Trade receivables | 40 | €77,171 | €66,939 | -€10,233 | -13.3% |
| Other amounts receivable | 41 | €19,633 | €3,766 | -€15,867 | -80.8% |
| Cash at bank and in hand | 54/58 | €25,139 | €70,094 | +€44,954 | +178.8% |
| Deferred charges and accrued income | 490/1 | €1,215 | €4,610 | +€3,396 | +279.6% |
| Total equity and liabilities | 10/49 | €223,776 | €221,129 | -€2,647 | -1.2% |
| Equity | 10/15 | €25,386 | €71,923 | +€46,537 | +183.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,786 | €53,323 | +€46,537 | +685.8% |
| Amounts payable | 17/49 | €198,390 | €149,206 | -€49,184 | -24.8% |
| Amounts payable after more than one year | 17 | €120,216 | €78,059 | -€42,157 | -35.1% |
| Financial debts | 170/4 | €43,531 | €25,799 | -€17,732 | -40.7% |
| Other amounts payable | 178/9 | €76,685 | €52,260 | -€24,425 | -31.9% |
| Amounts payable within one year | 42/48 | €78,174 | €71,147 | -€7,027 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €24,430 | €25,937 | +€1,507 | +6.2% |
| Trade debts | 44 | €39,197 | €44,897 | +€5,700 | +14.5% |
| Suppliers | 440/4 | €39,197 | €44,897 | +€5,700 | +14.5% |
| Taxes, remuneration and social security | 45 | €14,547 | €313 | -€14,234 | -97.8% |
| Taxes | 450/3 | €13,418 | €313 | -€13,105 | -97.7% |
| Remuneration and social security | 454/9 | €1,129 | €0 | -€1,129 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €137,140 | €36,376 | -€100,765 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,889 | €29,006 | +€118 | +0.4% |
| Other operating charges | 640/8 | €988 | €638 | -€350 | -35.4% |
| Gross operating margin | 9900 | €189,008 | €135,934 | -€53,074 | -28.1% |
| Operating profit (loss) | 9901 | €21,992 | €69,914 | +€47,922 | +217.9% |
| Financial income | 75/76B | €0 | €284 | +€284 | |
| Recurring financial income | 75 | €0 | €284 | +€284 | |
| Financial charges | 65/66B | €2,233 | €2,972 | +€739 | +33.1% |
| Recurring financial charges | 65 | €2,233 | €2,972 | +€739 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €19,758 | €67,226 | +€47,468 | +240.2% |
| Income taxes | 67/77 | €5,415 | €17,835 | +€12,420 | +229.3% |
| Profit (loss) for the period | 9904 | €14,343 | €49,391 | +€35,048 | +244.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,343 | €49,391 | +€35,048 | +244.4% |
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 10 October 2026 via checked.be.