Qualia: 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.
Qualia
Largest movements
- Receivables within one year +€6,372
up €6,372 (+25.5%), from €25,000 to €31,372
of which Trade receivables: +€5,250
- Trade debts -€24,420
down €24,420 (-81.4%), from €30,000 to €5,580
- Other debts +€23,715
up €23,715 (+17.6%), from €134,460 to €158,175
- Debts after one year +€13,945
up €13,945 (+4.4%), from €319,008 to €332,953
- Reserves -€12,562
down €12,562 (-18.4%), from €68,235 to €55,672
- Financial income -€80,000
down €80,000 (-100%), from €80,000 to €0
- Gross operating margin -€5,140
down €5,140 (-697%), from -€738 to -€5,878
- Financial charges -€739
down €739 (-24.5%), from €3,019 to €2,279
- Other operating charges -€535
down €535 (-81.7%), from €655 to €120
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 | €607,114 | €608,435 | +€1,322 | +0.2% |
| Fixed assets | 21/28 | €580,964 | €576,679 | -€4,286 | -0.7% |
| Intangible fixed assets | 21 | €25,714 | €21,429 | -€4,286 | -16.7% |
| Financial fixed assets | 28 | €555,250 | €555,250 | = | 0.0% |
| Current assets | 29/58 | €26,149 | €31,757 | +€5,607 | +21.4% |
| Amounts receivable within one year | 40/41 | €25,000 | €31,372 | +€6,372 | +25.5% |
| Trade receivables | 40 | €25,000 | €30,250 | +€5,250 | +21.0% |
| Other amounts receivable | 41 | - | €1,122 | +€1,122 | |
| Cash at bank and in hand | 54/58 | €1,149 | €385 | -€764 | -66.5% |
| Total equity and liabilities | 10/49 | €607,114 | €608,435 | +€1,322 | +0.2% |
| Equity | 10/15 | €73,235 | €60,672 | -€12,562 | -17.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,235 | €55,672 | -€12,562 | -18.4% |
| Distributable reserves | 133 | €68,235 | €55,672 | -€12,562 | -18.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €533,879 | €547,763 | +€13,884 | +2.6% |
| Amounts payable after more than one year | 17 | €319,008 | €332,953 | +€13,945 | +4.4% |
| Financial debts | 170/4 | €319,008 | €332,953 | +€13,945 | +4.4% |
| Amounts payable within one year | 42/48 | €214,796 | €214,810 | +€14 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €50,336 | €51,055 | +€719 | +1.4% |
| Trade debts | 44 | €30,000 | €5,580 | -€24,420 | -81.4% |
| Suppliers | 440/4 | €30,000 | €5,580 | -€24,420 | -81.4% |
| Other amounts payable | 47/48 | €134,460 | €158,175 | +€23,715 | +17.6% |
| Accrued charges and deferred income | 492/3 | €75 | €0 | -€75 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,286 | €4,286 | -€0 | 0.0% |
| Other operating charges | 640/8 | €655 | €120 | -€535 | -81.7% |
| Gross operating margin | 9900 | -€738 | -€5,878 | -€5,140 | -697% |
| Operating profit (loss) | 9901 | -€5,679 | -€10,283 | -€4,605 | -81.1% |
| Financial income | 75/76B | €80,000 | €0 | -€80,000 | -100% |
| Recurring financial income | 75 | €80,000 | €0 | -€80,000 | -100% |
| Financial charges | 65/66B | €3,019 | €2,279 | -€739 | -24.5% |
| Recurring financial charges | 65 | €3,019 | €2,279 | -€739 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €71,303 | -€12,562 | -€83,865 | |
| Profit (loss) for the period | 9904 | €71,303 | -€12,562 | -€83,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,303 | -€12,562 | -€83,865 |
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 22 October 2026 via checked.be.