QUALITEP: 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.
QUALITEP
Largest movements
- Cash -€6,728
down €6,728 (-5.9%), from €114,219 to €107,491
mainly Other debts (-€17,534) and Investment in fixed assets (net) (-€1,869)
- Other debts -€17,534
down €17,534 (-73.1%), from €23,986 to €6,452
- Profit (loss) carried forward +€10,203
up €10,203 (+10.6%), from €95,837 to €106,040
- Gross operating margin -€1,809
down €1,809 (-9.6%), from €18,875 to €17,065
- Depreciation -€1,469
down €1,469 (-36.1%), from €4,065 to €2,596
- Other operating charges +€434
up €434 (+121.7%), from €357 to €791
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 | €145,743 | €136,916 | -€8,826 | -6.1% |
| Fixed assets | 21/28 | €10,989 | €10,262 | -€727 | -6.6% |
| Tangible fixed assets | 22/27 | €10,989 | €10,262 | -€727 | -6.6% |
| Plant, machinery and equipment | 23 | €10,989 | €10,262 | -€727 | -6.6% |
| Current assets | 29/58 | €134,753 | €126,654 | -€8,099 | -6.0% |
| Amounts receivable within one year | 40/41 | €19,659 | €19,163 | -€495 | -2.5% |
| Trade receivables | 40 | €16,956 | €15,474 | -€1,482 | -8.7% |
| Other amounts receivable | 41 | €2,703 | €3,690 | +€987 | +36.5% |
| Cash at bank and in hand | 54/58 | €114,219 | €107,491 | -€6,728 | -5.9% |
| Deferred charges and accrued income | 490/1 | €875 | - | -€875 | |
| Total equity and liabilities | 10/49 | €145,743 | €136,916 | -€8,826 | -6.1% |
| Equity | 10/15 | €116,297 | €126,500 | +€10,203 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,837 | €106,040 | +€10,203 | +10.6% |
| Amounts payable | 17/49 | €29,445 | €10,416 | -€19,029 | -64.6% |
| Amounts payable within one year | 42/48 | €29,445 | €10,416 | -€19,029 | -64.6% |
| Financial debts | 43 | €130 | - | -€130 | |
| Credit institutions | 430/8 | €130 | - | -€130 | |
| Trade debts | 44 | €1,894 | €1,845 | -€48 | -2.5% |
| Suppliers | 440/4 | €1,894 | €1,845 | -€48 | -2.5% |
| Taxes, remuneration and social security | 45 | €3,436 | €2,118 | -€1,317 | -38.3% |
| Taxes | 450/3 | €3,436 | €2,118 | -€1,317 | -38.3% |
| Other amounts payable | 47/48 | €23,986 | €6,452 | -€17,534 | -73.1% |
| Non-recurring operating income | 76A | €1,836 | - | -€1,836 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,065 | €2,596 | -€1,469 | -36.1% |
| Other operating charges | 640/8 | €357 | €791 | +€434 | +121.7% |
| Gross operating margin | 9900 | €18,875 | €17,065 | -€1,809 | -9.6% |
| Operating profit (loss) | 9901 | €14,453 | €13,678 | -€775 | -5.4% |
| Financial income | 75/76B | €23 | €6 | -€17 | -75.2% |
| Recurring financial income | 75 | €23 | €6 | -€17 | -75.2% |
| Financial charges | 65/66B | €268 | €125 | -€144 | -53.6% |
| Recurring financial charges | 65 | €268 | €125 | -€144 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €14,208 | €13,559 | -€648 | -4.6% |
| Income taxes | 67/77 | €3,287 | €3,356 | +€69 | +2.1% |
| Profit (loss) for the period | 9904 | €10,920 | €10,203 | -€717 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,920 | €10,203 | -€717 | -6.6% |
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.