Qualict: 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.
Qualict
Largest movements
- Receivables within one year +€29,270
up €29,270 (+224%), from €13,068 to €42,338
of which Trade receivables: +€24,168
- Cash +€13,110
up €13,110 (+16.7%), from €78,531 to €91,641
mainly Net result for the year (+€42,472) and Depreciation (+€3,214)
- Tangible fixed assets -€2,085
down €2,085 (-31.9%), from €6,538 to €4,454
- Reserves +€41,639
up €41,639 (+56.1%), from €74,234 to €115,874
- Tax, wage and social debts -€3,140
down €3,140 (-18.1%), from €17,393 to €14,253
- Other debts +€1,506
up €1,506 (+52.9%), from €2,848 to €4,354
- Gross operating margin -€44,388
down €44,388 (-41.1%), from €108,027 to €63,639
- Taxes -€12,786
down €12,786 (-43.1%), from €29,684 to €16,899
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 | €99,189 | €139,824 | +€40,635 | +41.0% |
| Fixed assets | 21/28 | €6,538 | €4,670 | -€1,869 | -28.6% |
| Tangible fixed assets | 22/27 | €6,538 | €4,454 | -€2,085 | -31.9% |
| Furniture and vehicles | 24 | €6,538 | €4,454 | -€2,085 | -31.9% |
| Financial fixed assets | 28 | - | €216 | +€216 | |
| Current assets | 29/58 | €92,651 | €135,155 | +€42,504 | +45.9% |
| Amounts receivable within one year | 40/41 | €13,068 | €42,338 | +€29,270 | +224% |
| Trade receivables | 40 | €13,068 | €37,236 | +€24,168 | +185% |
| Other amounts receivable | 41 | - | €5,101 | +€5,101 | |
| Cash at bank and in hand | 54/58 | €78,531 | €91,641 | +€13,110 | +16.7% |
| Deferred charges and accrued income | 490/1 | €1,052 | €1,176 | +€124 | +11.8% |
| Total equity and liabilities | 10/49 | €99,189 | €139,824 | +€40,635 | +41.0% |
| Equity | 10/15 | €76,234 | €117,874 | +€41,639 | +54.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €74,234 | €115,874 | +€41,639 | +56.1% |
| Distributable reserves | 133 | €74,234 | €115,874 | +€41,639 | +56.1% |
| Amounts payable | 17/49 | €22,955 | €21,951 | -€1,004 | -4.4% |
| Amounts payable within one year | 42/48 | €22,945 | €21,852 | -€1,093 | -4.8% |
| Trade debts | 44 | €2,703 | €3,245 | +€542 | +20.1% |
| Suppliers | 440/4 | €2,703 | €3,245 | +€542 | +20.1% |
| Taxes, remuneration and social security | 45 | €17,393 | €14,253 | -€3,140 | -18.1% |
| Taxes | 450/3 | €17,393 | €14,253 | -€3,140 | -18.1% |
| Other amounts payable | 47/48 | €2,848 | €4,354 | +€1,506 | +52.9% |
| Accrued charges and deferred income | 492/3 | €10 | €99 | +€89 | +893% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,217 | €3,214 | +€998 | +45.0% |
| Other operating charges | 640/8 | €1,001 | €998 | -€3 | -0.3% |
| Gross operating margin | 9900 | €108,027 | €63,639 | -€44,388 | -41.1% |
| Operating profit (loss) | 9901 | €104,810 | €59,426 | -€45,383 | -43.3% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €34 | €55 | +€21 | +62.5% |
| Recurring financial charges | 65 | €34 | €55 | +€21 | +62.5% |
| Profit (loss) for the period before taxes | 9903 | €104,778 | €59,371 | -€45,407 | -43.3% |
| Income taxes | 67/77 | €29,684 | €16,899 | -€12,786 | -43.1% |
| Profit (loss) for the period | 9904 | €75,093 | €42,472 | -€32,621 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,093 | €42,472 | -€32,621 | -43.4% |
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 16 October 2026 via checked.be.