QUALICOOK: 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.
QUALICOOK
Largest movements
- Tangible fixed assets -€1,252
down €1,252 (-77.0%), from €1,626 to €374
- Cash +€1,043
up €1,043 (+24.2%), from €4,315 to €5,359
mainly Other debts (+€3,372) and Depreciation (+€1,252)
- Receivables within one year -€224
down €224 (-100.0%), from €224 to €0
of which Trade receivables: -€215
- Deferred charges and accrued income -€215
down €215 (-70.8%), from €303 to €88
- Other debts +€3,372
up €3,372 (+25.4%), from €13,257 to €16,629
- Profit (loss) carried forward -€3,161
down €3,161 (-20.2%), from -€15,648 to -€18,809
- Reserves -€1,860
down €1,860 (-100.0%), from €1,860 to €0
- Trade debts +€569
up €569 (+71.3%), from €799 to €1,369
- Tax, wage and social debts +€432
new in 2025: €432
- Gross operating margin -€807
down €807 (-35.2%), from -€2,292 to -€3,099
- Other operating charges +€406
up €406 (+196.1%), from €207 to €613
- Depreciation -€220
down €220 (-14.9%), from €1,471 to €1,252
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 | €6,468 | €5,821 | -€647 | -10.0% |
| Fixed assets | 21/28 | €1,626 | €374 | -€1,252 | -77.0% |
| Tangible fixed assets | 22/27 | €1,626 | €374 | -€1,252 | -77.0% |
| Plant, machinery and equipment | 23 | €1,626 | €374 | -€1,252 | -77.0% |
| Current assets | 29/58 | €4,843 | €5,447 | +€604 | +12.5% |
| Amounts receivable within one year | 40/41 | €224 | €0 | -€224 | -100.0% |
| Trade receivables | 40 | €215 | €0 | -€215 | -100.0% |
| Other amounts receivable | 41 | €9 | €0 | -€9 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,315 | €5,359 | +€1,043 | +24.2% |
| Deferred charges and accrued income | 490/1 | €303 | €88 | -€215 | -70.8% |
| Total equity and liabilities | 10/49 | €6,468 | €5,821 | -€647 | -10.0% |
| Equity | 10/15 | -€7,588 | -€12,609 | -€5,021 | -66.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | -€15,648 | -€18,809 | -€3,161 | -20.2% |
| Amounts payable | 17/49 | €14,057 | €18,430 | +€4,373 | +31.1% |
| Amounts payable within one year | 42/48 | €14,057 | €18,430 | +€4,373 | +31.1% |
| Trade debts | 44 | €799 | €1,369 | +€569 | +71.3% |
| Suppliers | 440/4 | €799 | €1,369 | +€569 | +71.3% |
| Taxes, remuneration and social security | 45 | - | €432 | +€432 | |
| Taxes | 450/3 | - | €432 | +€432 | |
| Other amounts payable | 47/48 | €13,257 | €16,629 | +€3,372 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,471 | €1,252 | -€220 | -14.9% |
| Other operating charges | 640/8 | €207 | €613 | +€406 | +196.1% |
| Gross operating margin | 9900 | -€2,292 | -€3,099 | -€807 | -35.2% |
| Operating profit (loss) | 9901 | -€3,971 | -€4,964 | -€993 | -25.0% |
| Financial charges | 65/66B | €57 | €56 | -€0 | -0.7% |
| Recurring financial charges | 65 | €57 | €56 | -€0 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,028 | -€5,021 | -€993 | -24.7% |
| Profit (loss) for the period | 9904 | -€4,028 | -€5,021 | -€993 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,028 | -€5,021 | -€993 | -24.7% |
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 5 October 2026 via checked.be.