QualiPhi: 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.
QualiPhi
Largest movements
- Tangible fixed assets -€15,962
down €15,962 (-5.3%), from €302,975 to €287,013
of which Land and buildings: -€10,308
- Cash -€9,474
down €9,474 (-48.4%), from €19,589 to €10,115
mainly Trade debts (-€45,147) and Investment in fixed assets (net) (-€11,330)
- Receivables within one year -€4,681
down €4,681 (-24.0%), from €19,469 to €14,788
of which Other amounts receivable: -€5,000
- Trade debts -€45,147
down €45,147 (-98.3%), from €45,929 to €783
- Debts after one year +€35,715
up €35,715 (+20.8%), from €171,635 to €207,350
- Other debts -€9,905
down €9,905 (-9.9%), from €99,750 to €89,845
- Profit (loss) carried forward -€8,405
down €8,405, from €292 to -€8,113
- Tax, wage and social debts -€4,049
down €4,049 (-86.4%), from €4,687 to €638
- Depreciation +€17,296
up €17,296 (+157%), from €10,997 to €28,293
- Taxes -€7,000
no longer reported in 2025 (was €7,000)
- Gross operating margin -€5,335
down €5,335 (-18.0%), from €29,559 to €24,224
- Financial charges +€3,591
up €3,591 (+189%), from €1,898 to €5,490
- Financial income +€1,400
up €1,400 (+1,399,900%), from €0 to €1,400
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 | €343,033 | €311,916 | -€31,117 | -9.1% |
| Fixed assets | 21/28 | €303,975 | €287,013 | -€16,962 | -5.6% |
| Tangible fixed assets | 22/27 | €302,975 | €287,013 | -€15,962 | -5.3% |
| Land and buildings | 22 | €282,688 | €272,380 | -€10,308 | -3.6% |
| Plant, machinery and equipment | 23 | - | €1,549 | +€1,549 | |
| Furniture and vehicles | 24 | €20,287 | €13,085 | -€7,203 | -35.5% |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €39,058 | €24,903 | -€14,155 | -36.2% |
| Amounts receivable within one year | 40/41 | €19,469 | €14,788 | -€4,681 | -24.0% |
| Trade receivables | 40 | €14,469 | €14,788 | +€319 | +2.2% |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €19,589 | €10,115 | -€9,474 | -48.4% |
| Total equity and liabilities | 10/49 | €343,033 | €311,916 | -€31,117 | -9.1% |
| Equity | 10/15 | €12,292 | €3,887 | -€8,405 | -68.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Other | 1319 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €292 | -€8,113 | -€8,405 | |
| Amounts payable | 17/49 | €330,741 | €308,029 | -€22,712 | -6.9% |
| Amounts payable after more than one year | 17 | €171,635 | €207,350 | +€35,715 | +20.8% |
| Financial debts | 170/4 | €171,635 | €207,350 | +€35,715 | +20.8% |
| Amounts payable within one year | 42/48 | €159,106 | €100,679 | -€58,427 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €8,740 | €9,414 | +€674 | +7.7% |
| Trade debts | 44 | €45,929 | €783 | -€45,147 | -98.3% |
| Suppliers | 440/4 | €45,929 | €783 | -€45,147 | -98.3% |
| Taxes, remuneration and social security | 45 | €4,687 | €638 | -€4,049 | -86.4% |
| Taxes | 450/3 | €4,687 | €638 | -€4,049 | -86.4% |
| Other amounts payable | 47/48 | €99,750 | €89,845 | -€9,905 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,997 | €28,293 | +€17,296 | +157% |
| Other operating charges | 640/8 | €372 | €247 | -€125 | -33.7% |
| Gross operating margin | 9900 | €29,559 | €24,224 | -€5,335 | -18.0% |
| Operating profit (loss) | 9901 | €18,190 | -€4,315 | -€22,505 | |
| Financial income | 75/76B | €0 | €1,400 | +€1,400 | +1,399,900% |
| Recurring financial income | 75 | €0 | €1,400 | +€1,400 | +1,399,900% |
| Financial charges | 65/66B | €1,898 | €5,490 | +€3,591 | +189% |
| Recurring financial charges | 65 | €1,898 | €5,490 | +€3,591 | +189% |
| Profit (loss) for the period before taxes | 9903 | €16,292 | -€8,405 | -€24,697 | |
| Income taxes | 67/77 | €7,000 | - | -€7,000 | |
| Profit (loss) for the period | 9904 | €9,292 | -€8,405 | -€17,697 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,292 | -€8,405 | -€17,697 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.