QUALITARIA GROUP: 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.
What changed
QUALITARIA GROUP
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€19,419
2024 · €18,163+€1,256
Equity
€118,307
2024 · €98,888+€19,419
Cash
€28,450
2024 · €37,933-€9,483
Balance sheet total
€699,289
2024 · €735,144-€35,855
Largest movements
Assets
- Tangible fixed assets -€31,903
down €31,903 (-5.0%), from €638,305 to €606,402
of which Land and buildings: -€20,833
- Cash -€9,483
down €9,483 (-25.0%), from €37,933 to €28,450
mainly Debts after one year (-€44,416) and Investment in fixed assets (net) (-€11,981)
Equity and liabilities
- Debts after one year -€44,416
down €44,416 (-8.3%), from €537,854 to €493,438
- Reserves +€19,419
up €19,419 (+28.5%), from €68,066 to €87,486
of which Distributable reserves: +€19,419
- Advances received -€8,441
down €8,441 (-100%), from €8,441 to €0
Income statement
- Gross operating margin +€9,651
up €9,651 (+9.4%), from €102,501 to €112,152
- Depreciation +€8,329
up €8,329 (+23.4%), from €35,555 to €43,884
- Provisions -€4,500
new in 2025: -€4,500
- Staff costs +€2,467
up €2,467 (+12.8%), from €19,293 to €21,760
- Financial charges +€1,172
up €1,172 (+7.6%), from €15,445 to €16,617
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.
Result 2024
€18,163
Gross operating margin
+€9,651
Staff costs
-€2,467
Depreciation
-€8,329
Provisions
+€4,500
Other operating charges
+€804
Financial income
-€598
Financial charges
-€1,172
Taxes
-€1,133
Result 2025
€19,419
raises the resultlowers the result
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.
From operations
+€45,915
Investment
-€11,981
Financing
-€43,417
Cash 2024
€37,933
From operations (derived)
+€45,915
Net result for the year
+€19,419
Depreciation
+€43,884
Stocks and contracts
-€1,305
Receivables within one year
-€3,736
Deferred charges and accrued income
-€490
Provisions
-€4,500
Trade debts
+€6,536
Tax, wage and social debts
-€3,945
Advances received
-€8,441
Other debts
-€1,200
Accrued charges and deferred income
-€307
Investment (derived)
-€11,981
Investment in fixed assets (net)
-€11,981
Financing
-€43,417
Debts after one year
-€44,416
Current portion of long-term debt
+€999
Cash 2025
€28,450
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €735,144 | €699,289 | -€35,855 | -4.9% |
| Fixed assets | 21/28 | €638,305 | €606,402 | -€31,903 | -5.0% |
| Tangible fixed assets | 22/27 | €638,305 | €606,402 | -€31,903 | -5.0% |
| Land and buildings | 22 | €556,697 | €535,864 | -€20,833 | -3.7% |
| Plant, machinery and equipment | 23 | €42,989 | €39,921 | -€3,068 | -7.1% |
| Furniture and vehicles | 24 | €1,346 | €1,157 | -€189 | -14.0% |
| Leasing and similar rights | 25 | €37,273 | €29,460 | -€7,813 | -21.0% |
| Current assets | 29/58 | €96,839 | €92,887 | -€3,953 | -4.1% |
| Stocks and contracts in progress | 3 | €11,337 | €12,641 | +€1,305 | +11.5% |
| Stocks | 30/36 | €11,337 | €12,641 | +€1,305 | +11.5% |
| Amounts receivable within one year | 40/41 | €47,139 | €50,876 | +€3,736 | +7.9% |
| Trade receivables | 40 | €24,414 | €25,661 | +€1,247 | +5.1% |
| Other amounts receivable | 41 | €22,726 | €25,215 | +€2,489 | +11.0% |
| Cash at bank and in hand | 54/58 | €37,933 | €28,450 | -€9,483 | -25.0% |
| Deferred charges and accrued income | 490/1 | €430 | €920 | +€490 | +114% |
| Total equity and liabilities | 10/49 | €735,144 | €699,289 | -€35,855 | -4.9% |
| Equity | 10/15 | €98,888 | €118,307 | +€19,419 | +19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,066 | €87,486 | +€19,419 | +28.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,098 | €7,098 | = | 0.0% |
| Distributable reserves | 133 | €59,109 | €78,528 | +€19,419 | +32.9% |
| Profit (loss) carried forward | 14 | €12,221 | €12,221 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,500 | €0 | -€4,500 | -100% |
| Provisions for liabilities and charges | 160/5 | €4,500 | €0 | -€4,500 | -100% |
| Major repairs and maintenance | 162 | €4,500 | €0 | -€4,500 | -100% |
| Amounts payable | 17/49 | €631,756 | €580,982 | -€50,774 | -8.0% |
| Amounts payable after more than one year | 17 | €537,854 | €493,438 | -€44,416 | -8.3% |
| Financial debts | 170/4 | €537,854 | €493,438 | -€44,416 | -8.3% |
| Amounts payable within one year | 42/48 | €93,327 | €87,276 | -€6,051 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €40,891 | €41,889 | +€999 | +2.4% |
| Trade debts | 44 | €31,476 | €38,012 | +€6,536 | +20.8% |
| Suppliers | 440/4 | €31,476 | €38,012 | +€6,536 | +20.8% |
| Advances received on contracts in progress | 46 | €8,441 | €0 | -€8,441 | -100% |
| Taxes, remuneration and social security | 45 | €11,320 | €7,374 | -€3,945 | -34.9% |
| Taxes | 450/3 | €10,057 | €5,920 | -€4,137 | -41.1% |
| Remuneration and social security | 454/9 | €1,263 | €1,455 | +€192 | +15.2% |
| Other amounts payable | 47/48 | €1,200 | €0 | -€1,200 | -100% |
| Accrued charges and deferred income | 492/3 | €576 | €268 | -€307 | -53.4% |
| Non-recurring operating income | 76A | €5,662 | €0 | -€5,662 | -100% |
| Remuneration, social security and pensions | 62 | €19,293 | €21,760 | +€2,467 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,555 | €43,884 | +€8,329 | +23.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€4,500 | -€4,500 | |
| Other operating charges | 640/8 | €6,346 | €5,541 | -€804 | -12.7% |
| Gross operating margin | 9900 | €102,501 | €112,152 | +€9,651 | +9.4% |
| Operating profit (loss) | 9901 | €41,308 | €45,467 | +€4,159 | +10.1% |
| Financial income | 75/76B | €620 | €22 | -€598 | -96.4% |
| Recurring financial income | 75 | €620 | €22 | -€598 | -96.4% |
| Financial charges | 65/66B | €15,445 | €16,617 | +€1,172 | +7.6% |
| Recurring financial charges | 65 | €15,445 | €16,617 | +€1,172 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €26,483 | €28,873 | +€2,389 | +9.0% |
| Income taxes | 67/77 | €8,320 | €9,453 | +€1,133 | +13.6% |
| Profit (loss) for the period | 9904 | €18,163 | €19,419 | +€1,256 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,163 | €19,419 | +€1,256 | +6.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.