QUALI-GRIND: 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.
QUALI-GRIND
Largest movements
- Receivables within one year +€9,842
up €9,842 (+49.5%), from €19,877 to €29,720
of which Trade receivables: +€9,856
- Cash -€5,952
down €5,952 (-21.1%), from €28,191 to €22,240
mainly Trade debts (-€13,336) and Receivables within one year (-€9,842)
- Tangible fixed assets -€627
down €627 (-61.5%), from €1,020 to €392
of which Furniture and vehicles: -€366
- Profit (loss) carried forward +€15,015
up €15,015 (+191%), from €7,843 to €22,858
- Trade debts -€13,336
down €13,336 (-65.4%), from €20,394 to €7,058
- Tax, wage and social debts +€3,465
up €3,465 (+99.3%), from €3,488 to €6,953
- Accrued charges and deferred income -€1,900
down €1,900 (-16.8%), from €11,300 to €9,400
- Gross operating margin +€11,320
up €11,320 (+122%), from €9,273 to €20,593
- Purchases and services -€8,793
down €8,793 (-5.9%), from €149,997 to €141,203
- Taxes +€3,066
up €3,066 (+127%), from €2,408 to €5,474
- Turnover +€2,527
up €2,527 (+1.6%), from €159,270 to €161,796
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 | €49,088 | €52,351 | +€3,263 | +6.6% |
| Fixed assets | 21/28 | €1,020 | €392 | -€627 | -61.5% |
| Tangible fixed assets | 22/27 | €1,020 | €392 | -€627 | -61.5% |
| Plant, machinery and equipment | 23 | €636 | €375 | -€261 | -41.1% |
| Furniture and vehicles | 24 | €383 | €17 | -€366 | -95.6% |
| Current assets | 29/58 | €48,069 | €51,959 | +€3,891 | +8.1% |
| Amounts receivable within one year | 40/41 | €19,877 | €29,720 | +€9,842 | +49.5% |
| Trade receivables | 40 | €19,863 | €29,720 | +€9,856 | +49.6% |
| Other amounts receivable | 41 | €14 | - | -€14 | |
| Cash at bank and in hand | 54/58 | €28,191 | €22,240 | -€5,952 | -21.1% |
| Total equity and liabilities | 10/49 | €49,088 | €52,351 | +€3,263 | +6.6% |
| Equity | 10/15 | €13,843 | €28,858 | +€15,015 | +108% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,843 | €22,858 | +€15,015 | +191% |
| Amounts payable | 17/49 | €35,245 | €23,493 | -€11,752 | -33.3% |
| Amounts payable within one year | 42/48 | €23,945 | €14,093 | -€9,852 | -41.1% |
| Trade debts | 44 | €20,394 | €7,058 | -€13,336 | -65.4% |
| Suppliers | 440/4 | €20,394 | €7,058 | -€13,336 | -65.4% |
| Taxes, remuneration and social security | 45 | €3,488 | €6,953 | +€3,465 | +99.3% |
| Taxes | 450/3 | €3,488 | €6,953 | +€3,465 | +99.3% |
| Other amounts payable | 47/48 | €63 | €82 | +€20 | +31.2% |
| Accrued charges and deferred income | 492/3 | €11,300 | €9,400 | -€1,900 | -16.8% |
| Turnover | 70 | €159,270 | €161,796 | +€2,527 | +1.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €149,997 | €141,203 | -€8,793 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627 | €627 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €9,273 | €20,593 | +€11,320 | +122% |
| Operating profit (loss) | 9901 | €8,261 | €19,578 | +€11,317 | +137% |
| Financial income | 75/76B | €808 | €983 | +€174 | +21.6% |
| Recurring financial income | 75 | €808 | €983 | +€174 | +21.6% |
| Financial charges | 65/66B | €46 | €72 | +€26 | +56.5% |
| Recurring financial charges | 65 | €46 | €72 | +€26 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €9,024 | €20,489 | +€11,466 | +127% |
| Income taxes | 67/77 | €2,408 | €5,474 | +€3,066 | +127% |
| Profit (loss) for the period | 9904 | €6,616 | €15,015 | +€8,400 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €6,616 | €15,015 | +€8,400 | +127% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.