QualiaWorks: what changed
QualiaWorks
Largest movements
- Cash -€32,808
down €32,808 (-76.6%), from €42,813 to €10,005
mainly Net result for the year (-€31,128) and Tax, wage and social debts (-€16,042)
- Receivables within one year -€17,772
down €17,772 (-68.4%), from €25,988 to €8,216
of which Other amounts receivable: -€16,620
- Profit (loss) carried forward -€31,128
down €31,128, from €28,392 to -€2,736
- Tax, wage and social debts -€16,042
down €16,042 (-89.9%), from €17,836 to €1,795
of which Taxes: -€17,836
- Trade debts -€3,555
down €3,555 (-81.1%), from €4,385 to €830
- Gross operating margin -€10,460
down €10,460 (-52.0%), from -€20,128 to -€30,588
- Financial income -€453
down €453 (-49.0%), from €925 to €471
of which Financial income: -€452
- Depreciation -€405
down €405 (-55.3%), from €733 to €328
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 | €70,080 | €19,149 | -€50,931 | -72.7% |
| Fixed assets | 21/28 | €878 | €550 | -€328 | -37.3% |
| Tangible fixed assets | 22/27 | €328 | - | -€328 | |
| Plant, machinery and equipment | 23 | €328 | - | -€328 | |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €69,203 | €18,599 | -€50,603 | -73.1% |
| Amounts receivable within one year | 40/41 | €25,988 | €8,216 | -€17,772 | -68.4% |
| Trade receivables | 40 | €3,000 | €1,848 | -€1,152 | -38.4% |
| Other amounts receivable | 41 | €22,988 | €6,368 | -€16,620 | -72.3% |
| Cash at bank and in hand | 54/58 | €42,813 | €10,005 | -€32,808 | -76.6% |
| Deferred charges and accrued income | 490/1 | €401 | €378 | -€23 | -5.7% |
| Total equity and liabilities | 10/49 | €70,080 | €19,149 | -€50,931 | -72.7% |
| Equity | 10/15 | €47,392 | €16,264 | -€31,128 | -65.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,392 | -€2,736 | -€31,128 | |
| Amounts payable | 17/49 | €22,688 | €2,885 | -€19,803 | -87.3% |
| Amounts payable within one year | 42/48 | €22,688 | €2,625 | -€20,063 | -88.4% |
| Trade debts | 44 | €4,385 | €830 | -€3,555 | -81.1% |
| Suppliers | 440/4 | €4,385 | €830 | -€3,555 | -81.1% |
| Taxes, remuneration and social security | 45 | €17,836 | €1,795 | -€16,042 | -89.9% |
| Taxes | 450/3 | €17,836 | - | -€17,836 | |
| Remuneration and social security | 454/9 | - | €1,795 | +€1,795 | |
| Other amounts payable | 47/48 | €467 | - | -€467 | |
| Accrued charges and deferred income | 492/3 | - | €260 | +€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €733 | €328 | -€405 | -55.3% |
| Gross operating margin | 9900 | -€20,128 | -€30,588 | -€10,460 | -52.0% |
| Operating profit (loss) | 9901 | -€20,861 | -€30,915 | -€10,055 | -48.2% |
| Financial income | 75/76B | €925 | €471 | -€453 | -49.0% |
| Recurring financial income | 75 | €923 | €471 | -€452 | -49.0% |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €415 | €684 | +€269 | +64.8% |
| Recurring financial charges | 65 | €372 | €616 | +€245 | +65.9% |
| Non-recurring financial charges | 66B | €43 | €67 | +€24 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,351 | -€31,128 | -€10,777 | -53.0% |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | -€20,357 | -€31,128 | -€10,771 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,357 | -€31,128 | -€10,771 | -52.9% |
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 4 November 2026 via checked.be.