Quali Industries: what changed
Quali Industries
Largest movements
- Receivables within one year -€91,618
down €91,618 (-17.0%), from €538,585 to €446,967
of which Trade receivables: -€88,305
- Deferred charges and accrued income +€86,782
new in 2025: €86,782
- Cash -€10,168
down €10,168 (-19.4%), from €52,301 to €42,133
mainly Deferred charges and accrued income (-€86,782) and Trade debts (-€20,423)
- Trade debts -€20,423
down €20,423 (-99.1%), from €20,612 to €188
- Financial income +€24,479
new in 2025: €24,479
- Gross operating margin -€14,527
down €14,527 (-225%), from -€6,451 to -€20,978
- Financial charges -€2,145
down €2,145 (-73.7%), from €2,910 to €765
- Other operating charges +€321
up €321 (+129%), from €249 to €570
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €827,398 | €812,394 | -€15,004 | -1.8% |
| Fixed assets | 21/28 | €236,512 | €236,512 | = | 0.0% |
| Financial fixed assets | 28 | €236,512 | €236,512 | = | 0.0% |
| Current assets | 29/58 | €590,886 | €575,882 | -€15,004 | -2.5% |
| Amounts receivable within one year | 40/41 | €538,585 | €446,967 | -€91,618 | -17.0% |
| Trade receivables | 40 | €534,630 | €446,325 | -€88,305 | -16.5% |
| Other amounts receivable | 41 | €3,955 | €641 | -€3,313 | -83.8% |
| Cash at bank and in hand | 54/58 | €52,301 | €42,133 | -€10,168 | -19.4% |
| Deferred charges and accrued income | 490/1 | - | €86,782 | +€86,782 | |
| Total equity and liabilities | 10/49 | €827,398 | €812,394 | -€15,004 | -1.8% |
| Equity | 10/15 | €417,407 | €419,377 | +€1,970 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €398,807 | €400,777 | +€1,970 | +0.5% |
| Distributable reserves | 133 | €398,807 | €400,777 | +€1,970 | +0.5% |
| Amounts payable | 17/49 | €409,991 | €393,017 | -€16,973 | -4.1% |
| Amounts payable within one year | 42/48 | €409,749 | €393,017 | -€16,732 | -4.1% |
| Trade debts | 44 | €20,612 | €188 | -€20,423 | -99.1% |
| Suppliers | 440/4 | €20,612 | €188 | -€20,423 | -99.1% |
| Taxes, remuneration and social security | 45 | - | €948 | +€948 | |
| Taxes | 450/3 | - | €948 | +€948 | |
| Other amounts payable | 47/48 | €389,138 | €391,881 | +€2,743 | +0.7% |
| Accrued charges and deferred income | 492/3 | €241 | - | -€241 | |
| Other operating charges | 640/8 | €249 | €570 | +€321 | +129% |
| Gross operating margin | 9900 | -€6,451 | -€20,978 | -€14,527 | -225% |
| Operating profit (loss) | 9901 | -€6,700 | -€21,548 | -€14,848 | -222% |
| Financial income | 75/76B | - | €24,479 | +€24,479 | |
| Recurring financial income | 75 | - | €24,479 | +€24,479 | |
| Financial charges | 65/66B | €2,910 | €765 | -€2,145 | -73.7% |
| Recurring financial charges | 65 | €2,910 | €765 | -€2,145 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,610 | €2,166 | +€11,776 | |
| Income taxes | 67/77 | - | €197 | +€197 | |
| Profit (loss) for the period | 9904 | -€9,610 | €1,970 | +€11,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,610 | €1,970 | +€11,579 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.