QUALITECH: what changed
QUALITECH
Largest movements
- Tangible fixed assets -€3,470
down €3,470 (-50.0%), from €6,941 to €3,471
- Cash -€2,217
down €2,217 (-73.3%), from €3,026 to €809
mainly Net result for the year (-€6,932) and Current portion of long-term debt (-€2,262)
- Receivables within one year -€902
down €902 (-41.5%), from €2,175 to €1,273
of which Trade receivables: -€810
- Profit (loss) carried forward -€6,932
down €6,932 (-43.5%), from -€15,931 to -€22,863
- Current portion of long-term debt -€2,262
no longer reported in 2025 (was €2,262)
- Other debts +€1,859
up €1,859 (+12.5%), from €14,854 to €16,713
- Trade debts +€746
up €746 (+27.9%), from €2,672 to €3,418
- Gross operating margin +€2,379
up €2,379 (+58.2%), from -€4,085 to -€1,706
- Financial charges +€749
up €749 (+126%), from €594 to €1,343
- Other operating charges +€400
up €400 (+3,077%), from €13 to €413
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,142 | €5,553 | -€6,589 | -54.3% |
| Fixed assets | 21/28 | €6,941 | €3,471 | -€3,470 | -50.0% |
| Tangible fixed assets | 22/27 | €6,941 | €3,471 | -€3,470 | -50.0% |
| Other tangible fixed assets | 26 | €6,941 | €3,471 | -€3,470 | -50.0% |
| Current assets | 29/58 | €5,201 | €2,082 | -€3,119 | -60.0% |
| Amounts receivable within one year | 40/41 | €2,175 | €1,273 | -€902 | -41.5% |
| Trade receivables | 40 | €2,083 | €1,273 | -€810 | -38.9% |
| Other amounts receivable | 41 | €92 | - | -€92 | |
| Cash at bank and in hand | 54/58 | €3,026 | €809 | -€2,217 | -73.3% |
| Total equity and liabilities | 10/49 | €12,142 | €5,553 | -€6,589 | -54.3% |
| Equity | 10/15 | -€7,871 | -€14,803 | -€6,932 | -88.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,931 | -€22,863 | -€6,932 | -43.5% |
| Amounts payable | 17/49 | €20,013 | €20,356 | +€343 | +1.7% |
| Amounts payable within one year | 42/48 | €19,788 | €20,131 | +€343 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €2,262 | - | -€2,262 | |
| Trade debts | 44 | €2,672 | €3,418 | +€746 | +27.9% |
| Suppliers | 440/4 | €2,672 | €3,418 | +€746 | +27.9% |
| Other amounts payable | 47/48 | €14,854 | €16,713 | +€1,859 | +12.5% |
| Accrued charges and deferred income | 492/3 | €225 | €225 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,470 | €3,470 | = | 0.0% |
| Other operating charges | 640/8 | €13 | €413 | +€400 | +3,077% |
| Gross operating margin | 9900 | -€4,085 | -€1,706 | +€2,379 | +58.2% |
| Operating profit (loss) | 9901 | -€7,568 | -€5,589 | +€1,979 | +26.1% |
| Financial charges | 65/66B | €594 | €1,343 | +€749 | +126% |
| Recurring financial charges | 65 | €594 | €1,343 | +€749 | +126% |
| Profit (loss) for the period before taxes | 9903 | -€8,162 | -€6,932 | +€1,230 | +15.1% |
| Profit (loss) for the period | 9904 | -€8,162 | -€6,932 | +€1,230 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,162 | -€6,932 | +€1,230 | +15.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.