Qualifoods Procurement: 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
Qualifoods Procurement
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €688,664+€1.2m
Equity
€2.2m
2024 · €1.9m+€349,052
Cash
€200,001
2024 · €64,817+€135,184
Balance sheet total
€6.1m
2024 · €2.9m+€3.3m
Largest movements
Assets
- Receivables within one year +€3.1m
up €3.1m (+761%), from €412,796 to €3.6m
of which Trade receivables: +€2.0m
- Cash +€135,184
up €135,184 (+209%), from €64,817 to €200,001
mainly Net result for the year (+€1.8m) and Trade debts (+€1.7m)
Equity and liabilities
- Trade debts +€1.7m
up €1.7m (+3,687%), from €45,718 to €1.7m
- Other debts +€1.4m
up €1.4m (+482%), from €284,638 to €1.7m
- Reserves +€349,052
up €349,052 (+21.0%), from €1.7m to €2.0m
- Debts after one year -€97,916
down €97,916 (-20.2%), from €485,244 to €387,328
- Current portion of long-term debt -€62,203
down €62,203 (-40.1%), from €155,059 to €92,856
Income statement
- Turnover +€3.3m
new in 2025: €3.3m
- Goods and materials +€2.7m
new in 2025: €2.7m
- Financial income +€907,412
up €907,412 (+113%), from €803,000 to €1.7m
- Services and other goods +€428,402
new in 2025: €428,402
- Other operating income +€96,177
new in 2025: €96,177
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
€688,664
Turnover
+€3.3m
Other operating income
+€96,177
Goods and materials
-€2.7m
Services and other goods
-€428,402
Staff costs
+€64,936
Depreciation
-€1,668
Other operating charges
-€885
Other operating items
-€57,365
Financial income
+€907,412
Financial charges
+€9,718
Taxes
-€14,045
Result 2025
€1.8m
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
+€1.8m
Investment
-€17,015
Financing
-€1.7m
Cash 2024
€64,817
From operations (derived)
+€1.8m
Net result for the year
+€1.8m
Depreciation
+€39,200
Receivables within one year
-€3.1m
Deferred charges and accrued income
-€9,931
Trade debts
+€1.7m
Tax, wage and social debts
+€20,145
Other debts
+€1.4m
Investment (derived)
-€17,015
Investment in fixed assets (net)
-€14,515
Current investments
-€2,500
Financing
-€1.7m
Debts after one year
-€97,916
Current portion of long-term debt
-€62,203
Contributions, distributions and other
-€1.5m
Cash 2025
€200,001
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,851,547 | €6,117,001 | +€3.3m | +115% |
| Fixed assets | 21/28 | €2,371,910 | €2,347,225 | -€24,685 | -1.0% |
| Tangible fixed assets | 22/27 | €512,526 | €487,841 | -€24,685 | -4.8% |
| Land and buildings | 22 | €511,958 | €478,708 | -€33,250 | -6.5% |
| Furniture and vehicles | 24 | €568 | €5,593 | +€5,025 | +885% |
| Other tangible fixed assets | 26 | - | €3,540 | +€3,540 | |
| Financial fixed assets | 28 | €1,859,384 | €1,859,384 | = | 0.0% |
| Affiliated companies | 280/1 | - | €1,859,384 | +€1.9m | |
| Participating interests | 280 | - | €1,859,384 | +€1.9m | |
| Current assets | 29/58 | €479,637 | €3,769,776 | +€3.3m | +686% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €412,796 | €3,555,319 | +€3.1m | +761% |
| Trade receivables | 40 | €0 | €1,950,304 | +€2.0m | |
| Other amounts receivable | 41 | €412,796 | €1,605,016 | +€1.2m | +289% |
| Current investments | 50/53 | - | €2,500 | +€2,500 | |
| Other investments | 51/53 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €64,817 | €200,001 | +€135,184 | +209% |
| Deferred charges and accrued income | 490/1 | €2,024 | €11,956 | +€9,931 | +491% |
| Total equity and liabilities | 10/49 | €2,851,547 | €6,117,001 | +€3.3m | +115% |
| Equity | 10/15 | €1,862,665 | €2,211,717 | +€349,052 | +18.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,662,665 | €2,011,717 | +€349,052 | +21.0% |
| Distributable reserves | 133 | €1,662,665 | €2,011,717 | +€349,052 | +21.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €988,882 | €3,905,284 | +€2.9m | +295% |
| Amounts payable after more than one year | 17 | €485,244 | €387,328 | -€97,916 | -20.2% |
| Financial debts | 170/4 | €485,244 | €387,328 | -€97,916 | -20.2% |
| Credit institutions | 173 | - | €77,388 | +€77,388 | |
| Other loans | 174 | - | €309,940 | +€309,940 | |
| Amounts payable within one year | 42/48 | €503,638 | €3,517,956 | +€3.0m | +599% |
| Current portion of amounts payable after more than one year | 42 | €155,059 | €92,856 | -€62,203 | -40.1% |
| Trade debts | 44 | €45,718 | €1,731,409 | +€1.7m | +3,687% |
| Suppliers | 440/4 | €45,718 | €1,731,409 | +€1.7m | +3,687% |
| Taxes, remuneration and social security | 45 | €18,222 | €38,367 | +€20,145 | +111% |
| Taxes | 450/3 | €8,184 | €38,367 | +€30,184 | +369% |
| Remuneration and social security | 454/9 | €10,038 | €0 | -€10,038 | -100% |
| Other amounts payable | 47/48 | €284,638 | €1,655,323 | +€1.4m | +482% |
| Operating income | 70/76A | - | €3,366,202 | +€3.4m | |
| Turnover | 70 | - | €3,270,025 | +€3.3m | |
| Other operating income | 74 | - | €96,177 | +€96,177 | |
| Operating charges | 60/66A | - | €3,191,517 | +€3.2m | |
| Goods for resale, raw materials and consumables | 60 | - | €2,691,518 | +€2.7m | |
| Purchases | 600/8 | - | €2,691,518 | +€2.7m | |
| Services and other goods | 61 | - | €428,402 | +€428,402 | |
| Remuneration, social security and pensions | 62 | €73,514 | €8,578 | -€64,936 | -88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,532 | €39,200 | +€1,668 | +4.4% |
| Other operating charges | 640/8 | €22,934 | €23,819 | +€885 | +3.9% |
| Gross operating margin | 9900 | €57,365 | - | -€57,365 | |
| Operating profit (loss) | 9901 | -€76,614 | €174,685 | +€251,300 | |
| Financial income | 75/76B | €803,000 | €1,710,412 | +€907,412 | +113% |
| Recurring financial income | 75 | €803,000 | €1,710,412 | +€907,412 | +113% |
| Income from financial fixed assets | 750 | - | €1,700,000 | +€1.7m | |
| Income from current assets | 751 | - | €9,373 | +€9,373 | |
| Other financial income | 752/9 | - | €1,039 | +€1,039 | |
| Financial charges | 65/66B | €37,526 | €27,808 | -€9,718 | -25.9% |
| Recurring financial charges | 65 | €37,526 | €27,808 | -€9,718 | -25.9% |
| Debt charges | 650 | - | €24,505 | +€24,505 | |
| Other financial charges | 652/9 | - | €3,303 | +€3,303 | |
| Profit (loss) for the period before taxes | 9903 | €688,860 | €1,857,290 | +€1.2m | +170% |
| Income taxes | 67/77 | €196 | €14,241 | +€14,045 | +7,166% |
| Taxes | 670/3 | - | €14,241 | +€14,241 | |
| Profit (loss) for the period | 9904 | €688,664 | €1,843,049 | +€1.2m | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €688,664 | €1,843,049 | +€1.2m | +168% |
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.