QUALITS: 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.
QUALITS
Largest movements
- Receivables within one year -€16,391
down €16,391 (-66.8%), from €24,525 to €8,134
- Trade debts -€14,223
down €14,223 (-64.4%), from €22,085 to €7,863
- Profit (loss) carried forward -€7,271
down €7,271 (-42.2%), from -€17,216 to -€24,487
- Tax, wage and social debts +€4,553
up €4,553 (+367.9%), from €1,238 to €5,790
- Other debts +€632
up €632 (+79.6%), from €795 to €1,427
- Purchases and services -€12,020
down €12,020 (-24.3%), from €49,434 to €37,414
- Turnover +€9,683
up €9,683 (+46.5%), from €20,803 to €30,485
- Gross operating margin +€3,703
up €3,703 (+34.8%), from -€10,631 to -€6,928
- Other operating charges +€476
new in 2024: €476
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,362 | €11,054 | -€16,309 | -59.6% |
| Fixed assets | 21/28 | €65 | €65 | = | 0.0% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €27,297 | €10,988 | -€16,309 | -59.7% |
| Amounts receivable within one year | 40/41 | €24,525 | €8,134 | -€16,391 | -66.8% |
| Trade receivables | 40 | €24,525 | €8,134 | -€16,391 | -66.8% |
| Cash at bank and in hand | 54/58 | €2,772 | €2,854 | +€82 | +3.0% |
| Total equity and liabilities | 10/49 | €27,362 | €11,054 | -€16,309 | -59.6% |
| Equity | 10/15 | €3,244 | -€4,027 | -€7,271 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,216 | -€24,487 | -€7,271 | -42.2% |
| Amounts payable | 17/49 | €24,118 | €15,080 | -€9,038 | -37.5% |
| Amounts payable within one year | 42/48 | €24,118 | €15,080 | -€9,038 | -37.5% |
| Trade debts | 44 | €22,085 | €7,863 | -€14,223 | -64.4% |
| Suppliers | 440/4 | €22,085 | €7,863 | -€14,223 | -64.4% |
| Taxes, remuneration and social security | 45 | €1,238 | €5,790 | +€4,553 | +367.9% |
| Taxes | 450/3 | €1,238 | €5,790 | +€4,553 | +367.9% |
| Other amounts payable | 47/48 | €795 | €1,427 | +€632 | +79.6% |
| Turnover | 70 | €20,803 | €30,485 | +€9,683 | +46.5% |
| Non-recurring operating income | 76A | €18,000 | - | -€18,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €49,434 | €37,414 | -€12,020 | -24.3% |
| Other operating charges | 640/8 | - | €476 | +€476 | |
| Non-recurring operating charges | 66A | €3,176 | - | -€3,176 | |
| Gross operating margin | 9900 | -€10,631 | -€6,928 | +€3,703 | +34.8% |
| Operating profit (loss) | 9901 | -€13,807 | -€7,404 | +€6,403 | +46.4% |
| Financial income | 75/76B | €261 | €178 | -€83 | -31.9% |
| Recurring financial income | 75 | €261 | €178 | -€83 | -31.9% |
| Financial charges | 65/66B | €238 | €45 | -€193 | -81.2% |
| Recurring financial charges | 65 | €238 | €45 | -€193 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,784 | -€7,271 | +€6,513 | +47.3% |
| Profit (loss) for the period | 9904 | -€13,784 | -€7,271 | +€6,513 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,784 | -€7,271 | +€6,513 | +47.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.