QUALISYS: 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.
QUALISYS
Largest movements
- Intangible fixed assets +€23,288
new in 2025: €23,288
- Cash -€20,045
down €20,045 (-26.6%), from €75,383 to €55,338
mainly Investment in fixed assets (net) (-€28,350) and Other debts (-€16,779)
- Receivables within one year +€14,001
up €14,001 (+70.2%), from €19,935 to €33,936
of which Trade receivables: +€17,238
- Tangible fixed assets -€10,501
down €10,501 (-38.8%), from €27,065 to €16,564
- Profit (loss) carried forward +€28,369
up €28,369 (+321284.3%), from €9 to €28,378
- Other debts -€16,779
down €16,779 (-20.1%), from €83,590 to €66,811
- Debts after one year -€8,913
down €8,913 (-48.5%), from €18,379 to €9,466
- Tax, wage and social debts +€8,398
up €8,398 (+91.6%), from €9,169 to €17,567
of which Taxes: +€8,898
- Current portion of long-term debt -€3,779
down €3,779 (-34.5%), from €10,957 to €7,178
- Gross operating margin +€29,335
up €29,335 (+88.4%), from €33,167 to €62,502
- Taxes +€11,804
up €11,804 (+207.4%), from €5,691 to €17,495
- Depreciation +€2,070
up €2,070 (+16.4%), from €12,630 to €14,700
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 | €122,717 | €130,561 | +€7,843 | +6.4% |
| Formation expenses | 20 | €216 | €0 | -€216 | -100.0% |
| Fixed assets | 21/28 | €27,182 | €41,049 | +€13,867 | +51.0% |
| Intangible fixed assets | 21 | - | €23,288 | +€23,288 | |
| Tangible fixed assets | 22/27 | €27,065 | €16,564 | -€10,501 | -38.8% |
| Furniture and vehicles | 24 | €27,065 | €16,564 | -€10,501 | -38.8% |
| Financial fixed assets | 28 | €117 | €1,197 | +€1,080 | +923.1% |
| Current assets | 29/58 | €95,319 | €89,512 | -€5,807 | -6.1% |
| Amounts receivable within one year | 40/41 | €19,935 | €33,936 | +€14,001 | +70.2% |
| Trade receivables | 40 | €16,698 | €33,936 | +€17,238 | +103.2% |
| Other amounts receivable | 41 | €3,237 | €0 | -€3,237 | -100.0% |
| Cash at bank and in hand | 54/58 | €75,383 | €55,338 | -€20,045 | -26.6% |
| Deferred charges and accrued income | 490/1 | - | €237 | +€237 | |
| Total equity and liabilities | 10/49 | €122,717 | €130,561 | +€7,843 | +6.4% |
| Equity | 10/15 | €509 | €28,878 | +€28,369 | +5575.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9 | €28,378 | +€28,369 | +321284.3% |
| Amounts payable | 17/49 | €122,209 | €101,682 | -€20,526 | -16.8% |
| Amounts payable after more than one year | 17 | €18,379 | €9,466 | -€8,913 | -48.5% |
| Financial debts | 170/4 | €18,379 | €9,466 | -€8,913 | -48.5% |
| Amounts payable within one year | 42/48 | €103,830 | €92,217 | -€11,613 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €10,957 | €7,178 | -€3,779 | -34.5% |
| Trade debts | 44 | €114 | €661 | +€547 | +481.8% |
| Suppliers | 440/4 | €114 | €661 | +€547 | +481.8% |
| Taxes, remuneration and social security | 45 | €9,169 | €17,567 | +€8,398 | +91.6% |
| Taxes | 450/3 | €6,874 | €15,772 | +€8,898 | +129.4% |
| Remuneration and social security | 454/9 | €2,295 | €1,795 | -€500 | -21.8% |
| Other amounts payable | 47/48 | €83,590 | €66,811 | -€16,779 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,630 | €14,700 | +€2,070 | +16.4% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Non-recurring operating charges | 66A | €63 | €199 | +€136 | +215.1% |
| Gross operating margin | 9900 | €33,167 | €62,502 | +€29,335 | +88.4% |
| Operating profit (loss) | 9901 | €19,963 | €47,075 | +€27,112 | +135.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,578 | €1,217 | -€361 | -22.9% |
| Recurring financial charges | 65 | €1,578 | €1,217 | -€361 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €18,385 | €45,864 | +€27,479 | +149.5% |
| Income taxes | 67/77 | €5,691 | €17,495 | +€11,804 | +207.4% |
| Profit (loss) for the period | 9904 | €12,694 | €28,369 | +€15,675 | +123.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,694 | €28,369 | +€15,675 | +123.5% |
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 10 October 2026 via checked.be.