Quality Building: 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.
Quality Building
Largest movements
- Tangible fixed assets -€29,853
down €29,853 (-39.8%), from €74,924 to €45,071
of which Leasing and similar rights: -€21,220
- Receivables within one year -€15,721
down €15,721 (-24.1%), from €65,214 to €49,493
of which Trade receivables: -€11,685
- Short-term financial debts -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Profit (loss) carried forward -€19,125
down €19,125 (-54.0%), from €35,405 to €16,280
- Debts after one year -€15,942
down €15,942 (-100.0%), from €15,942 to €0
- Other debts +€14,015
up €14,015 (+48.3%), from €29,000 to €43,015
- Trade debts +€7,696
up €7,696 (+354.9%), from €2,168 to €9,864
- Gross operating margin -€26,195
down €26,195 (-61.8%), from €42,353 to €16,158
- Financial charges -€3,246
down €3,246 (-54.8%), from €5,921 to €2,675
- Taxes -€1,966
down €1,966 (-90.4%), from €2,175 to €209
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 | €142,458 | €98,124 | -€44,334 | -31.1% |
| Fixed assets | 21/28 | €74,949 | €45,096 | -€29,853 | -39.8% |
| Tangible fixed assets | 22/27 | €74,924 | €45,071 | -€29,853 | -39.8% |
| Plant, machinery and equipment | 23 | €38,782 | €29,505 | -€9,278 | -23.9% |
| Furniture and vehicles | 24 | €168 | €812 | +€644 | +382.6% |
| Leasing and similar rights | 25 | €35,974 | €14,754 | -€21,220 | -59.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €67,509 | €53,028 | -€14,481 | -21.5% |
| Amounts receivable within one year | 40/41 | €65,214 | €49,493 | -€15,721 | -24.1% |
| Trade receivables | 40 | €23,000 | €11,315 | -€11,685 | -50.8% |
| Other amounts receivable | 41 | €42,214 | €38,178 | -€4,036 | -9.6% |
| Cash at bank and in hand | 54/58 | €2,294 | €2,818 | +€523 | +22.8% |
| Deferred charges and accrued income | 490/1 | - | €717 | +€717 | |
| Total equity and liabilities | 10/49 | €142,458 | €98,124 | -€44,334 | -31.1% |
| Equity | 10/15 | €43,664 | €24,539 | -€19,125 | -43.8% |
| Contributions | 10/11 | €7,150 | €7,150 | = | 0.0% |
| Reserves | 13 | €1,108 | €1,108 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,108 | €1,108 | = | 0.0% |
| Other | 1319 | €1,108 | €1,108 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,405 | €16,280 | -€19,125 | -54.0% |
| Amounts payable | 17/49 | €98,795 | €73,585 | -€25,209 | -25.5% |
| Amounts payable after more than one year | 17 | €15,942 | €0 | -€15,942 | -100.0% |
| Financial debts | 170/4 | €15,942 | €0 | -€15,942 | -100.0% |
| Amounts payable within one year | 42/48 | €80,735 | €72,721 | -€8,015 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €23,420 | €19,633 | -€3,787 | -16.2% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100.0% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €2,168 | €9,864 | +€7,696 | +354.9% |
| Suppliers | 440/4 | €2,168 | €9,864 | +€7,696 | +354.9% |
| Taxes, remuneration and social security | 45 | €1,147 | €209 | -€938 | -81.8% |
| Taxes | 450/3 | €1,147 | €209 | -€938 | -81.8% |
| Other amounts payable | 47/48 | €29,000 | €43,015 | +€14,015 | +48.3% |
| Accrued charges and deferred income | 492/3 | €2,118 | €865 | -€1,253 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,768 | €31,059 | +€291 | +0.9% |
| Other operating charges | 640/8 | €1,398 | €1,342 | -€56 | -4.0% |
| Gross operating margin | 9900 | €42,353 | €16,158 | -€26,195 | -61.8% |
| Operating profit (loss) | 9901 | €10,187 | -€16,243 | -€26,430 | |
| Financial income | 75/76B | €22 | €3 | -€19 | -87.2% |
| Recurring financial income | 75 | €22 | €3 | -€19 | -87.2% |
| Financial charges | 65/66B | €5,921 | €2,675 | -€3,246 | -54.8% |
| Recurring financial charges | 65 | €5,921 | €2,675 | -€3,246 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €4,288 | -€18,916 | -€23,204 | |
| Income taxes | 67/77 | €2,175 | €209 | -€1,966 | -90.4% |
| Profit (loss) for the period | 9904 | €2,113 | -€19,125 | -€21,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,113 | -€19,125 | -€21,238 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.