QUALITY BUILDING MANAGEMENT: 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
QUALITY BUILDING MANAGEMENT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€187,129
2024 · €272,198-€85,069
Equity
€464,476
2024 · €467,347-€2,871
Cash
€61,540
2024 · €34,947+€26,592
Balance sheet total
€2.5m
2024 · €2.8m-€321,937
Largest movements
Assets
- Receivables within one year -€277,915
down €277,915 (-36.7%), from €756,573 to €478,658
of which Other amounts receivable: -€277,915
- Tangible fixed assets -€68,178
down €68,178 (-3.4%), from €2.0m to €1.9m
Equity and liabilities
- Debts after one year -€219,686
down €219,686 (-13.1%), from €1.7m to €1.5m
- Other debts -€119,944
down €119,944 (-30.2%), from €396,817 to €276,874
Income statement
- Gross operating margin -€165,915
down €165,915 (-31.2%), from €531,965 to €366,050
- Financial charges -€27,414
down €27,414 (-30.9%), from €88,638 to €61,224
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
€272,198
Gross operating margin
-€165,915
Depreciation
+€1,466
Other operating charges
+€4,783
Financial income
-€2,840
Financial charges
+€27,414
Taxes
-€255
Deferred taxes and other
+€50,277
Result 2025
€187,129
raises the resultlowers the resultnot broken down further in the accounts
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
+€480,692
Investment
-€55,449
Financing
-€398,650
Cash 2024
€34,947
From operations (derived)
+€480,692
Net result for the year
+€187,129
Depreciation
+€123,628
Receivables within one year
+€277,915
Deferred charges and accrued income
+€2,435
Provisions
-€1,917
Trade debts
+€11,190
Tax, wage and social debts
+€255
Other debts
-€119,944
Investment (derived)
-€55,449
Investment in fixed assets (net)
-€55,449
Financing
-€398,650
Debts after one year
-€219,686
Current portion of long-term debt
+€11,036
Contributions, distributions and other
-€190,000
Cash 2025
€61,540
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,810,530 | €2,488,593 | -€321,937 | -11.5% |
| Fixed assets | 21/28 | €2,016,411 | €1,948,232 | -€68,178 | -3.4% |
| Tangible fixed assets | 22/27 | €2,016,411 | €1,948,232 | -€68,178 | -3.4% |
| Land and buildings | 22 | €2,016,411 | €1,948,232 | -€68,178 | -3.4% |
| Current assets | 29/58 | €794,119 | €540,361 | -€253,758 | -32.0% |
| Amounts receivable within one year | 40/41 | €756,573 | €478,658 | -€277,915 | -36.7% |
| Trade receivables | 40 | €6,225 | €6,225 | = | 0.0% |
| Other amounts receivable | 41 | €750,348 | €472,432 | -€277,915 | -37.0% |
| Cash at bank and in hand | 54/58 | €34,947 | €61,540 | +€26,592 | +76.1% |
| Deferred charges and accrued income | 490/1 | €2,599 | €163 | -€2,435 | -93.7% |
| Total equity and liabilities | 10/49 | €2,810,530 | €2,488,593 | -€321,937 | -11.5% |
| Equity | 10/15 | €467,347 | €464,476 | -€2,871 | -0.6% |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Capital | 10 | €62,469 | €62,469 | = | 0.0% |
| Issued capital | 100 | €62,469 | €62,469 | = | 0.0% |
| Reserves | 13 | €395,327 | €389,574 | -€5,752 | -1.5% |
| Non-distributable reserves | 130/1 | €6,247 | €6,247 | = | 0.0% |
| Legal reserve | 130 | €6,247 | €6,247 | = | 0.0% |
| Tax-exempt reserves | 132 | €145,080 | €139,327 | -€5,752 | -4.0% |
| Distributable reserves | 133 | €244,000 | €244,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,551 | €12,433 | +€2,881 | +30.2% |
| Provisions and deferred taxes | 16 | €48,360 | €46,443 | -€1,917 | -4.0% |
| Deferred taxes | 168 | €48,360 | €46,443 | -€1,917 | -4.0% |
| Amounts payable | 17/49 | €2,294,823 | €1,977,674 | -€317,148 | -13.8% |
| Amounts payable after more than one year | 17 | €1,681,494 | €1,461,808 | -€219,686 | -13.1% |
| Financial debts | 170/4 | €1,681,494 | €1,461,808 | -€219,686 | -13.1% |
| Amounts payable within one year | 42/48 | €613,329 | €515,866 | -€97,463 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €215,324 | €226,360 | +€11,036 | +5.1% |
| Trade debts | 44 | €393 | €11,584 | +€11,190 | +2,844% |
| Suppliers | 440/4 | €393 | €11,584 | +€11,190 | +2,844% |
| Taxes, remuneration and social security | 45 | €794 | €1,049 | +€255 | +32.2% |
| Taxes | 450/3 | €794 | €1,049 | +€255 | +32.2% |
| Other amounts payable | 47/48 | €396,817 | €276,874 | -€119,944 | -30.2% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,094 | €123,628 | -€1,466 | -1.2% |
| Other operating charges | 640/8 | €20,895 | €16,112 | -€4,783 | -22.9% |
| Gross operating margin | 9900 | €531,965 | €366,050 | -€165,915 | -31.2% |
| Operating profit (loss) | 9901 | €385,976 | €226,310 | -€159,666 | -41.4% |
| Financial income | 75/76B | €24,013 | €21,174 | -€2,840 | -11.8% |
| Recurring financial income | 75 | €24,013 | €21,174 | -€2,840 | -11.8% |
| Financial charges | 65/66B | €88,638 | €61,224 | -€27,414 | -30.9% |
| Recurring financial charges | 65 | €88,638 | €61,224 | -€27,414 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €321,352 | €186,260 | -€135,092 | -42.0% |
| Transfer from deferred taxes | 780 | - | €1,917 | +€1,917 | |
| Transfer to deferred taxes | 680 | €48,360 | €0 | -€48,360 | -100% |
| Income taxes | 67/77 | €794 | €1,049 | +€255 | +32.2% |
| Profit (loss) for the period | 9904 | €272,198 | €187,129 | -€85,069 | -31.3% |
| Transfer from tax-exempt reserves | 789 | - | €5,752 | +€5,752 | |
| Transfer to tax-exempt reserves | 689 | €145,080 | €0 | -€145,080 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €127,119 | €192,881 | +€65,762 | +51.7% |
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 16 October 2026 via checked.be.