QUALITANCE: what changed
Two fiscal 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.
QUALITANCE
Largest movements
- Current investments +€180,114
up €180,114 (+719.9%), from €25,019 to €205,133
- Cash -€161,227
down €161,227 (-84.9%), from €189,928 to €28,701
mainly Current investments (-€180,114) and Contributions, distributions and other (-€64,333)
- Receivables within one year -€21,488
down €21,488 (-55.1%), from €39,022 to €17,533
of which Trade receivables: -€20,703
- Tangible fixed assets +€3,546
up €3,546 (+4.4%), from €80,986 to €84,532
of which Furniture and vehicles: +€5,184
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€24,715
up €24,715 (+38.1%), from €64,854 to €89,569
- Taxes +€7,059
up €7,059 (+38.2%), from €18,467 to €25,526
- Financial income +€2,752
up €2,752 (+209.7%), from €1,313 to €4,064
- Other operating charges -€2,602
down €2,602 (-71.8%), from €3,623 to €1,021
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 | €337,210 | €337,762 | +€552 | +0.2% |
| Fixed assets | 21/28 | €80,986 | €84,532 | +€3,546 | +4.4% |
| Tangible fixed assets | 22/27 | €80,986 | €84,532 | +€3,546 | +4.4% |
| Land and buildings | 22 | €77,715 | €76,077 | -€1,638 | -2.1% |
| Furniture and vehicles | 24 | €3,271 | €8,455 | +€5,184 | +158.5% |
| Current assets | 29/58 | €256,224 | €253,230 | -€2,994 | -1.2% |
| Amounts receivable within one year | 40/41 | €39,022 | €17,533 | -€21,488 | -55.1% |
| Trade receivables | 40 | €37,159 | €16,456 | -€20,703 | -55.7% |
| Other amounts receivable | 41 | €1,862 | €1,077 | -€785 | -42.2% |
| Current investments | 50/53 | €25,019 | €205,133 | +€180,114 | +719.9% |
| Cash at bank and in hand | 54/58 | €189,928 | €28,701 | -€161,227 | -84.9% |
| Deferred charges and accrued income | 490/1 | €2,255 | €1,864 | -€392 | -17.4% |
| Total equity and liabilities | 10/49 | €337,210 | €337,762 | +€552 | +0.2% |
| Equity | 10/15 | €313,406 | €312,389 | -€1,017 | -0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €253,787 | €253,603 | -€184 | -0.1% |
| Distributable reserves | 133 | €253,787 | €253,603 | -€184 | -0.1% |
| Profit (loss) carried forward | 14 | €47,219 | €46,386 | -€833 | -1.8% |
| Amounts payable | 17/49 | €23,804 | €25,373 | +€1,569 | +6.6% |
| Amounts payable within one year | 42/48 | €23,554 | €25,373 | +€1,819 | +7.7% |
| Trade debts | 44 | €583 | €209 | -€374 | -64.1% |
| Suppliers | 440/4 | €583 | €209 | -€374 | -64.1% |
| Taxes, remuneration and social security | 45 | €13,662 | €16,289 | +€2,627 | +19.2% |
| Taxes | 450/3 | €13,662 | €16,289 | +€2,627 | +19.2% |
| Other amounts payable | 47/48 | €9,310 | €8,875 | -€435 | -4.7% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,970 | €3,595 | +€624 | +21.0% |
| Other operating charges | 640/8 | €3,623 | €1,021 | -€2,602 | -71.8% |
| Gross operating margin | 9900 | €64,854 | €89,569 | +€24,715 | +38.1% |
| Operating profit (loss) | 9901 | €58,260 | €84,953 | +€26,693 | +45.8% |
| Financial income | 75/76B | €1,313 | €4,064 | +€2,752 | +209.7% |
| Recurring financial income | 75 | €1,313 | €4,064 | +€2,752 | +209.7% |
| Financial charges | 65/66B | €178 | €176 | -€2 | -1.3% |
| Recurring financial charges | 65 | €178 | €176 | -€2 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €59,395 | €88,842 | +€29,447 | +49.6% |
| Income taxes | 67/77 | €18,467 | €25,526 | +€7,059 | +38.2% |
| Profit (loss) for the period | 9904 | €40,928 | €63,316 | +€22,388 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,928 | €63,316 | +€22,388 | +54.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.