QUALISERVE: 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.
QUALISERVE
Largest movements
- Receivables after one year -€80,000
down €80,000 (-36.4%), from €219,814 to €139,814
- Receivables within one year +€40,826
up €40,826 (+21.4%), from €190,440 to €231,265
of which Trade receivables: +€28,314
- Tax, wage and social debts -€52,275
no longer reported in 2025 (was €52,275)
- Other debts +€27,102
up €27,102 (+633.5%), from €4,278 to €31,380
- Profit (loss) carried forward -€20,241
down €20,241 (-7.9%), from €256,613 to €236,372
- Gross operating margin -€9,903
down €9,903, from €326 to -€9,577
- Other operating charges +€3,618
up €3,618 (+521.0%), from €695 to €4,313
- Financial income -€3,388
no longer reported in 2025 (was €3,388)
- Depreciation +€967
up €967 (+21.2%), from €4,558 to €5,525
- Financial charges -€375
down €375 (-58.0%), from €647 to €272
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.
Cash bridge derived
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 | €574,419 | €533,157 | -€41,262 | -7.2% |
| Fixed assets | 21/28 | €47,313 | €45,277 | -€2,036 | -4.3% |
| Tangible fixed assets | 22/27 | €30,063 | €28,027 | -€2,036 | -6.8% |
| Land and buildings | 22 | €15,606 | €13,007 | -€2,599 | -16.7% |
| Plant, machinery and equipment | 23 | €4,654 | €3,090 | -€1,564 | -33.6% |
| Furniture and vehicles | 24 | €9,803 | €11,930 | +€2,127 | +21.7% |
| Financial fixed assets | 28 | €17,250 | €17,250 | = | 0.0% |
| Current assets | 29/58 | €527,106 | €487,880 | -€39,226 | -7.4% |
| Amounts receivable after more than one year | 29 | €219,814 | €139,814 | -€80,000 | -36.4% |
| Other amounts receivable | 291 | €219,814 | €139,814 | -€80,000 | -36.4% |
| Amounts receivable within one year | 40/41 | €190,440 | €231,265 | +€40,826 | +21.4% |
| Trade receivables | 40 | €190,440 | €218,754 | +€28,314 | +14.9% |
| Other amounts receivable | 41 | - | €12,511 | +€12,511 | |
| Current investments | 50/53 | €114,637 | €114,637 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,215 | €2,163 | -€52 | -2.3% |
| Total equity and liabilities | 10/49 | €574,419 | €533,157 | -€41,262 | -7.2% |
| Equity | 10/15 | €485,842 | €465,601 | -€20,241 | -4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €210,637 | €210,637 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €208,777 | €208,777 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,613 | €236,372 | -€20,241 | -7.9% |
| Amounts payable | 17/49 | €88,577 | €67,556 | -€21,021 | -23.7% |
| Amounts payable within one year | 42/48 | €88,577 | €67,556 | -€21,021 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €2,242 | €2,242 | = | 0.0% |
| Trade debts | 44 | €29,782 | €33,934 | +€4,152 | +13.9% |
| Suppliers | 440/4 | €29,782 | €33,934 | +€4,152 | +13.9% |
| Taxes, remuneration and social security | 45 | €52,275 | - | -€52,275 | |
| Taxes | 450/3 | €52,275 | - | -€52,275 | |
| Other amounts payable | 47/48 | €4,278 | €31,380 | +€27,102 | +633.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,558 | €5,525 | +€967 | +21.2% |
| Other operating charges | 640/8 | €695 | €4,313 | +€3,618 | +521.0% |
| Gross operating margin | 9900 | €326 | -€9,577 | -€9,903 | |
| Operating profit (loss) | 9901 | -€4,926 | -€19,414 | -€14,489 | -294.1% |
| Financial income | 75/76B | €3,388 | - | -€3,388 | |
| Recurring financial income | 75 | €3,388 | - | -€3,388 | |
| Financial charges | 65/66B | €647 | €272 | -€375 | -58.0% |
| Recurring financial charges | 65 | €647 | €272 | -€375 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,185 | -€19,686 | -€17,501 | -800.9% |
| Income taxes | 67/77 | €343 | €555 | +€212 | +61.9% |
| Profit (loss) for the period | 9904 | -€2,528 | -€20,241 | -€17,713 | -700.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,528 | -€20,241 | -€17,713 | -700.7% |
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 10 October 2026 via checked.be.