QUALIFIO: 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.
What changed
QUALIFIO
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€20,340
2024 · €287,908-€267,568
Equity
€4.2m
2024 · €4.2m+€20,340
Cash
€42,276
2024 · €132,463-€90,187
Balance sheet total
€13.6m
2024 · €12.7m+€860,317
Largest movements
Assets
- Receivables within one year +€884,590
up €884,590 (+11.1%), from €8.0m to €8.9m
of which Other amounts receivable: +€1.9m
Equity and liabilities
- Trade debts +€2.9m
up €2.9m (+76.8%), from €3.8m to €6.7m
- Accrued charges and deferred income -€1.5m
down €1.5m (-47.5%), from €3.2m to €1.7m
- Current portion of long-term debt -€577,862
down €577,862 (-69.5%), from €831,093 to €253,231
Income statement
- Services and other goods +€622,049
up €622,049 (+16.2%), from €3.9m to €4.5m
- Other operating charges -€330,610
down €330,610 (-24.6%), from €1.3m to €1.0m
- Turnover +€185,933
up €185,933 (+2.0%), from €9.1m to €9.3m
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.
Result 2024
€287,908
Turnover
+€185,933
Other operating income
+€27,807
Goods and materials
-€3,938
Services and other goods
-€622,049
Staff costs
+€29,005
Depreciation
+€4,092
Write-downs
+€45,283
Other operating charges
+€330,610
Other operating items
-€256,244
Financial income
-€3,469
Financial charges
-€5,945
Taxes
+€1,346
Result 2025
€20,340
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.3m
Investment
-€1.8m
Financing
-€577,862
Cash 2024
€132,463
From operations (derived)
+€2.3m
Net result for the year
+€20,340
Depreciation
+€1.6m
Receivables within one year
-€884,590
Deferred charges and accrued income
+€65,047
Trade debts
+€2.9m
Tax, wage and social debts
+€13,750
Accrued charges and deferred income
-€1.5m
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
-€577,862
Current portion of long-term debt
-€577,862
Cash 2025
€42,276
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,738,850 | €13,599,167 | +€860,317 | +6.8% |
| Fixed assets | 21/28 | €4,406,155 | €4,537,116 | +€130,961 | +3.0% |
| Intangible fixed assets | 21 | €4,274,056 | €4,396,018 | +€121,963 | +2.9% |
| Tangible fixed assets | 22/27 | €129,805 | €81,133 | -€48,672 | -37.5% |
| Furniture and vehicles | 24 | €125,479 | €78,580 | -€46,899 | -37.4% |
| Other tangible fixed assets | 26 | €4,326 | €2,553 | -€1,773 | -41.0% |
| Financial fixed assets | 28 | €2,295 | €59,965 | +€57,670 | +2,513% |
| Affiliated companies | 280/1 | - | €57,670 | +€57,670 | |
| Amounts receivable | 281 | - | €57,670 | +€57,670 | |
| Other financial fixed assets | 284/8 | €2,295 | €2,295 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,295 | €2,295 | = | 0.0% |
| Current assets | 29/58 | €8,332,696 | €9,062,051 | +€729,356 | +8.8% |
| Amounts receivable within one year | 40/41 | €7,976,977 | €8,861,567 | +€884,590 | +11.1% |
| Trade receivables | 40 | €2,370,694 | €1,307,719 | -€1.1m | -44.8% |
| Other amounts receivable | 41 | €5,606,283 | €7,553,848 | +€1.9m | +34.7% |
| Cash at bank and in hand | 54/58 | €132,463 | €42,276 | -€90,187 | -68.1% |
| Deferred charges and accrued income | 490/1 | €223,255 | €158,208 | -€65,047 | -29.1% |
| Total equity and liabilities | 10/49 | €12,738,850 | €13,599,167 | +€860,317 | +6.8% |
| Equity | 10/15 | €4,202,194 | €4,222,534 | +€20,340 | +0.5% |
| Contributions | 10/11 | €2,284,854 | €2,284,854 | = | 0.0% |
| Capital | 10 | €2,284,854 | €2,284,854 | = | 0.0% |
| Issued capital | 100 | €2,284,854 | €2,284,854 | = | 0.0% |
| Reserves | 13 | €228,485 | €228,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €228,485 | €228,485 | = | 0.0% |
| Legal reserve | 130 | €228,485 | €228,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,688,854 | €1,709,194 | +€20,340 | +1.2% |
| Amounts payable | 17/49 | €8,536,657 | €9,376,633 | +€839,977 | +9.8% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €5,356,312 | €7,707,442 | +€2.4m | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €831,093 | €253,231 | -€577,862 | -69.5% |
| Trade debts | 44 | €3,796,485 | €6,711,728 | +€2.9m | +76.8% |
| Suppliers | 440/4 | €3,796,485 | €6,711,728 | +€2.9m | +76.8% |
| Taxes, remuneration and social security | 45 | €725,959 | €739,709 | +€13,750 | +1.9% |
| Taxes | 450/3 | €129,587 | €27,596 | -€101,991 | -78.7% |
| Remuneration and social security | 454/9 | €596,372 | €712,113 | +€115,741 | +19.4% |
| Other amounts payable | 47/48 | €2,775 | €2,775 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,180,345 | €1,669,191 | -€1.5m | -47.5% |
| Operating income | 70/76A | €11,257,372 | €11,209,371 | -€48,001 | -0.4% |
| Turnover | 70 | €9,126,892 | €9,312,826 | +€185,933 | +2.0% |
| Own construction capitalised | 72 | €1,977,481 | €1,715,739 | -€261,742 | -13.2% |
| Other operating income | 74 | €152,999 | €180,806 | +€27,807 | +18.2% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Operating charges | 60/66A | €10,967,462 | €11,178,961 | +€211,499 | +1.9% |
| Goods for resale, raw materials and consumables | 60 | - | €3,938 | +€3,938 | |
| Purchases | 600/8 | - | €3,938 | +€3,938 | |
| Services and other goods | 61 | €3,851,371 | €4,473,420 | +€622,049 | +16.2% |
| Remuneration, social security and pensions | 62 | €4,089,032 | €4,060,027 | -€29,005 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653,147 | €1,649,056 | -€4,092 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,709 | -€23,573 | -€45,283 | |
| Other operating charges | 640/8 | €1,346,214 | €1,015,604 | -€330,610 | -24.6% |
| Non-recurring operating charges | 66A | €5,988 | €490 | -€5,498 | -91.8% |
| Operating profit (loss) | 9901 | €289,910 | €30,410 | -€259,501 | -89.5% |
| Financial income | 75/76B | €67,541 | €64,072 | -€3,469 | -5.1% |
| Recurring financial income | 75 | €62,982 | €64,072 | +€1,089 | +1.7% |
| Income from current assets | 751 | €62,146 | €64,072 | +€1,926 | +3.1% |
| Other financial income | 752/9 | €837 | - | -€837 | |
| Non-recurring financial income | 76B | €4,558 | - | -€4,558 | |
| Financial charges | 65/66B | €49,372 | €55,317 | +€5,945 | +12.0% |
| Recurring financial charges | 65 | €49,372 | €55,317 | +€5,945 | +12.0% |
| Debt charges | 650 | €43,351 | €50,273 | +€6,921 | +16.0% |
| Other financial charges | 652/9 | €6,020 | €5,044 | -€976 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €308,079 | €39,165 | -€268,915 | -87.3% |
| Income taxes | 67/77 | €20,171 | €18,825 | -€1,346 | -6.7% |
| Taxes | 670/3 | €20,171 | €18,825 | -€1,346 | -6.7% |
| Profit (loss) for the period | 9904 | €287,908 | €20,340 | -€267,568 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €287,908 | €20,340 | -€267,568 | -92.9% |
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 18 October 2026 via checked.be.