QUALIS DESIGN: 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 DESIGN
Largest movements
- Receivables within one year +€68,907
up €68,907 (+86.0%), from €80,092 to €148,999
of which Trade receivables: +€58,632
- Tangible fixed assets -€50,081
down €50,081 (-31.3%), from €159,938 to €109,857
- Trade debts +€113,986
up €113,986 (+146%), from €78,107 to €192,093
- Debts after one year -€45,440
down €45,440 (-40.0%), from €113,626 to €68,186
- Advances received -€29,871
no longer reported in 2024 (was €29,871)
- Profit (loss) carried forward -€22,975
down €22,975 (-34.4%), from -€66,733 to -€89,708
- Gross operating margin +€32,225
up €32,225 (+1,000%), from €3,221 to €35,446
- Financial charges -€1,078
down €1,078 (-12.0%), from €9,016 to €7,938
- Financial income +€379
up €379 (+1,083%), from €35 to €414
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,492 | €261,204 | +€19,712 | +8.2% |
| Fixed assets | 21/28 | €159,938 | €109,857 | -€50,081 | -31.3% |
| Tangible fixed assets | 22/27 | €159,938 | €109,857 | -€50,081 | -31.3% |
| Leasing and similar rights | 25 | €159,938 | €109,857 | -€50,081 | -31.3% |
| Current assets | 29/58 | €81,554 | €151,347 | +€69,793 | +85.6% |
| Amounts receivable within one year | 40/41 | €80,092 | €148,999 | +€68,907 | +86.0% |
| Trade receivables | 40 | €73,445 | €132,077 | +€58,632 | +79.8% |
| Other amounts receivable | 41 | €6,647 | €16,922 | +€10,275 | +155% |
| Cash at bank and in hand | 54/58 | €132 | €984 | +€852 | +645% |
| Deferred charges and accrued income | 490/1 | €1,330 | €1,364 | +€34 | +2.6% |
| Total equity and liabilities | 10/49 | €241,492 | €261,204 | +€19,712 | +8.2% |
| Equity | 10/15 | -€63,733 | -€86,708 | -€22,975 | -36.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,733 | -€89,708 | -€22,975 | -34.4% |
| Amounts payable | 17/49 | €305,225 | €347,912 | +€42,687 | +14.0% |
| Amounts payable after more than one year | 17 | €113,626 | €68,186 | -€45,440 | -40.0% |
| Financial debts | 170/4 | €113,626 | €68,186 | -€45,440 | -40.0% |
| Amounts payable within one year | 42/48 | €191,599 | €279,726 | +€88,127 | +46.0% |
| Current portion of amounts payable after more than one year | 42 | €43,484 | €45,440 | +€1,956 | +4.5% |
| Trade debts | 44 | €78,107 | €192,093 | +€113,986 | +146% |
| Suppliers | 440/4 | €78,107 | €192,093 | +€113,986 | +146% |
| Advances received on contracts in progress | 46 | €29,871 | - | -€29,871 | |
| Taxes, remuneration and social security | 45 | €40,029 | €42,085 | +€2,056 | +5.1% |
| Taxes | 450/3 | €38,912 | €40,345 | +€1,433 | +3.7% |
| Remuneration and social security | 454/9 | €1,117 | €1,740 | +€623 | +55.8% |
| Other amounts payable | 47/48 | €108 | €108 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,081 | €50,081 | = | 0.0% |
| Other operating charges | 640/8 | €1,007 | €816 | -€191 | -19.0% |
| Gross operating margin | 9900 | €3,221 | €35,446 | +€32,225 | +1,000% |
| Operating profit (loss) | 9901 | -€47,867 | -€15,451 | +€32,416 | +67.7% |
| Financial income | 75/76B | €35 | €414 | +€379 | +1,083% |
| Recurring financial income | 75 | €35 | €414 | +€379 | +1,083% |
| Financial charges | 65/66B | €9,016 | €7,938 | -€1,078 | -12.0% |
| Recurring financial charges | 65 | €9,016 | €7,938 | -€1,078 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€56,848 | -€22,975 | +€33,873 | +59.6% |
| Profit (loss) for the period | 9904 | -€56,848 | -€22,975 | +€33,873 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,848 | -€22,975 | +€33,873 | +59.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.