QUALIBRI: 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.
QUALIBRI
Largest movements
- Tangible fixed assets -€10,418
down €10,418 (-44.4%), from €23,485 to €13,067
of which Furniture and vehicles: -€10,044
- Cash -€6,611
down €6,611 (-100.0%), from €6,611 to €0
mainly Net result for the year (-€38,214) and Accrued charges and deferred income (-€26,883)
- Receivables within one year +€1,355
up €1,355 (+5.6%), from €24,099 to €25,453
of which Other amounts receivable: +€4,190
- Profit (loss) carried forward -€31,697
down €31,697, from €0 to -€31,697
- Tax, wage and social debts +€27,262
up €27,262 (+320%), from €8,508 to €35,770
- Accrued charges and deferred income -€26,883
down €26,883 (-97.4%), from €27,600 to €717
- Advances received +€16,335
new in 2025: €16,335
- Reserves -€6,517
down €6,517 (-100%), from €6,517 to €0
- Financial charges +€7,720
up €7,720 (+2,373%), from €325 to €8,045
- Other operating charges +€594
up €594 (+80.9%), from €734 to €1,327
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 | €64,226 | €48,551 | -€15,674 | -24.4% |
| Fixed assets | 21/28 | €33,485 | €23,067 | -€10,418 | -31.1% |
| Tangible fixed assets | 22/27 | €23,485 | €13,067 | -€10,418 | -44.4% |
| Plant, machinery and equipment | 23 | €701 | €326 | -€375 | -53.4% |
| Furniture and vehicles | 24 | €22,784 | €12,740 | -€10,044 | -44.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €30,741 | €25,484 | -€5,256 | -17.1% |
| Amounts receivable within one year | 40/41 | €24,099 | €25,453 | +€1,355 | +5.6% |
| Trade receivables | 40 | €16,335 | €13,500 | -€2,835 | -17.4% |
| Other amounts receivable | 41 | €7,764 | €11,953 | +€4,190 | +54.0% |
| Current investments | 50/53 | €31 | €31 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,611 | €0 | -€6,611 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €64,226 | €48,551 | -€15,674 | -24.4% |
| Equity | 10/15 | €9,517 | -€28,697 | -€38,214 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,517 | €0 | -€6,517 | -100% |
| Distributable reserves | 133 | €6,517 | €0 | -€6,517 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€31,697 | -€31,697 | |
| Amounts payable | 17/49 | €54,709 | €77,248 | +€22,539 | +41.2% |
| Amounts payable within one year | 42/48 | €27,109 | €76,531 | +€49,422 | +182% |
| Trade debts | 44 | €4,601 | €4,425 | -€175 | -3.8% |
| Suppliers | 440/4 | €4,601 | €4,425 | -€175 | -3.8% |
| Advances received on contracts in progress | 46 | - | €16,335 | +€16,335 | |
| Taxes, remuneration and social security | 45 | €8,508 | €35,770 | +€27,262 | +320% |
| Taxes | 450/3 | €8,508 | €35,770 | +€27,262 | +320% |
| Other amounts payable | 47/48 | €14,000 | €20,000 | +€6,000 | +42.9% |
| Accrued charges and deferred income | 492/3 | €27,600 | €717 | -€26,883 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,418 | €10,418 | = | 0.0% |
| Other operating charges | 640/8 | €734 | €1,327 | +€594 | +80.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€18,774 | -€18,771 | +€3 | 0.0% |
| Operating profit (loss) | 9901 | -€29,926 | -€30,516 | -€591 | -2.0% |
| Financial income | 75/76B | €426 | €524 | +€99 | +23.1% |
| Recurring financial income | 75 | €426 | €524 | +€99 | +23.1% |
| Financial charges | 65/66B | €325 | €8,045 | +€7,720 | +2,373% |
| Recurring financial charges | 65 | €325 | €8,045 | +€7,720 | +2,373% |
| Profit (loss) for the period before taxes | 9903 | -€29,825 | -€38,038 | -€8,212 | -27.5% |
| Income taxes | 67/77 | €128 | €176 | +€48 | +37.6% |
| Profit (loss) for the period | 9904 | -€29,953 | -€38,214 | -€8,260 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,953 | -€38,214 | -€8,260 | -27.6% |
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 26 October 2026 via checked.be.