QUALIS CURA: 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.
QUALIS CURA
Largest movements
- Tangible fixed assets +€19,486
up €19,486 (+112%), from €17,354 to €36,840
- Receivables within one year -€18,815
down €18,815 (-84.9%), from €22,155 to €3,340
of which Trade receivables: -€20,121
- Cash +€726
up €726 (+4.5%), from €15,977 to €16,703
mainly Net result for the year (+€29,281) and Other debts (+€22,240)
- Other debts +€22,240
up €22,240 (+171%), from €13,014 to €35,253
- Debts after one year -€9,409
down €9,409 (-79.9%), from €11,775 to €2,366
- Tax, wage and social debts -€6,854
down €6,854 (-53.4%), from €12,843 to €5,989
- Profit (loss) carried forward -€5,719
down €5,719 (-97.7%), from €5,851 to €132
- Trade debts +€880
up €880 (+604%), from €146 to €1,026
- Gross operating margin +€9,456
up €9,456 (+28.8%), from €32,780 to €42,237
- Depreciation -€8,755
down €8,755 (-72.7%), from €12,043 to €3,288
- Taxes +€1,070
up €1,070 (+17.5%), from €6,123 to €7,193
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 | €55,950 | €57,176 | +€1,226 | +2.2% |
| Fixed assets | 21/28 | €17,354 | €36,840 | +€19,486 | +112% |
| Tangible fixed assets | 22/27 | €17,354 | €36,840 | +€19,486 | +112% |
| Furniture and vehicles | 24 | €17,354 | €36,840 | +€19,486 | +112% |
| Current assets | 29/58 | €38,596 | €20,336 | -€18,260 | -47.3% |
| Amounts receivable within one year | 40/41 | €22,155 | €3,340 | -€18,815 | -84.9% |
| Trade receivables | 40 | €22,155 | €2,034 | -€20,121 | -90.8% |
| Other amounts receivable | 41 | - | €1,307 | +€1,307 | |
| Cash at bank and in hand | 54/58 | €15,977 | €16,703 | +€726 | +4.5% |
| Deferred charges and accrued income | 490/1 | €464 | €292 | -€171 | -36.9% |
| Total equity and liabilities | 10/49 | €55,950 | €57,176 | +€1,226 | +2.2% |
| Equity | 10/15 | €8,851 | €3,132 | -€5,719 | -64.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,851 | €132 | -€5,719 | -97.7% |
| Amounts payable | 17/49 | €47,099 | €54,044 | +€6,945 | +14.7% |
| Amounts payable after more than one year | 17 | €11,775 | €2,366 | -€9,409 | -79.9% |
| Financial debts | 170/4 | €11,775 | €2,366 | -€9,409 | -79.9% |
| Amounts payable within one year | 42/48 | €35,323 | €51,678 | +€16,354 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €9,321 | €9,409 | +€88 | +0.9% |
| Trade debts | 44 | €146 | €1,026 | +€880 | +604% |
| Suppliers | 440/4 | €146 | €1,026 | +€880 | +604% |
| Taxes, remuneration and social security | 45 | €12,843 | €5,989 | -€6,854 | -53.4% |
| Taxes | 450/3 | €12,843 | €5,989 | -€6,854 | -53.4% |
| Other amounts payable | 47/48 | €13,014 | €35,253 | +€22,240 | +171% |
| Non-recurring operating income | 76A | - | €21,882 | +€21,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,043 | €3,288 | -€8,755 | -72.7% |
| Other operating charges | 640/8 | €2,171 | €2,175 | +€4 | +0.2% |
| Gross operating margin | 9900 | €32,780 | €42,237 | +€9,456 | +28.8% |
| Operating profit (loss) | 9901 | €18,566 | €36,774 | +€18,208 | +98.1% |
| Financial charges | 65/66B | €461 | €301 | -€160 | -34.8% |
| Recurring financial charges | 65 | €461 | €301 | -€160 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €18,105 | €36,474 | +€18,368 | +101% |
| Income taxes | 67/77 | €6,123 | €7,193 | +€1,070 | +17.5% |
| Profit (loss) for the period | 9904 | €11,983 | €29,281 | +€17,298 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €11,983 | €29,281 | +€17,298 | +144% |
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.