QUALIBY: what changed
Two fiscal 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.
QUALIBY
Largest movements
- Cash -€19,696
down €19,696 (-52.3%), from €37,636 to €17,939
mainly Contributions, distributions and other (-€40,571) and Receivables within one year (-€10,269)
- Receivables within one year +€10,269
up €10,269 (+98.5%), from €10,426 to €20,696
of which Trade receivables: +€8,500
- Tangible fixed assets -€690
down €690 (-26.5%), from €2,602 to €1,912
of which Plant, machinery and equipment: -€453
- Other debts -€7,500
down €7,500 (-30.0%), from €25,000 to €17,500
- Reserves -€7,478
down €7,478 (-32.4%), from €23,071 to €15,592
- Tax, wage and social debts +€5,455
up €5,455 (+474.3%), from €1,150 to €6,605
- Taxes +€550
up €550 (+6.7%), from €8,187 to €8,737
- Financial charges -€514
down €514 (-20.6%), from €2,501 to €1,987
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.
Cash bridge derived
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 | €52,371 | €42,352 | -€10,019 | -19.1% |
| Fixed assets | 21/28 | €2,602 | €1,912 | -€690 | -26.5% |
| Tangible fixed assets | 22/27 | €2,602 | €1,912 | -€690 | -26.5% |
| Plant, machinery and equipment | 23 | €1,841 | €1,387 | -€453 | -24.6% |
| Furniture and vehicles | 24 | €761 | €525 | -€236 | -31.1% |
| Current assets | 29/58 | €49,769 | €40,440 | -€9,329 | -18.7% |
| Amounts receivable within one year | 40/41 | €10,426 | €20,696 | +€10,269 | +98.5% |
| Trade receivables | 40 | €6,020 | €14,520 | +€8,500 | +141.2% |
| Other amounts receivable | 41 | €4,406 | €6,176 | +€1,769 | +40.2% |
| Cash at bank and in hand | 54/58 | €37,636 | €17,939 | -€19,696 | -52.3% |
| Deferred charges and accrued income | 490/1 | €1,707 | €1,805 | +€98 | +5.7% |
| Total equity and liabilities | 10/49 | €52,371 | €42,352 | -€10,019 | -19.1% |
| Equity | 10/15 | €25,571 | €18,092 | -€7,478 | -29.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €23,071 | €15,592 | -€7,478 | -32.4% |
| Distributable reserves | 133 | €23,071 | €15,592 | -€7,478 | -32.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,800 | €24,260 | -€2,540 | -9.5% |
| Amounts payable within one year | 42/48 | €26,800 | €24,260 | -€2,540 | -9.5% |
| Trade debts | 44 | €650 | €155 | -€495 | -76.2% |
| Suppliers | 440/4 | €650 | €155 | -€495 | -76.2% |
| Taxes, remuneration and social security | 45 | €1,150 | €6,605 | +€5,455 | +474.3% |
| Taxes | 450/3 | €1,150 | €6,605 | +€5,455 | +474.3% |
| Other amounts payable | 47/48 | €25,000 | €17,500 | -€7,500 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €690 | +€27 | +4.1% |
| Other operating charges | 640/8 | €302 | €570 | +€268 | +88.5% |
| Gross operating margin | 9900 | €45,337 | €45,076 | -€261 | -0.6% |
| Operating profit (loss) | 9901 | €44,372 | €43,816 | -€556 | -1.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,501 | €1,987 | -€514 | -20.6% |
| Recurring financial charges | 65 | €2,501 | €1,987 | -€514 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €41,871 | €41,830 | -€42 | -0.1% |
| Income taxes | 67/77 | €8,187 | €8,737 | +€550 | +6.7% |
| Profit (loss) for the period | 9904 | €33,684 | €33,092 | -€592 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,684 | €33,092 | -€592 | -1.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.