Quality Building Products: what changed
Quality Building Products
Largest movements
- Tangible fixed assets +€17,703
new in 2024: €17,703
- Receivables within one year -€13,501
down €13,501 (-21.7%), from €62,264 to €48,763
of which Trade receivables: -€26,856
- Cash -€1,491
down €1,491 (-62.3%), from €2,394 to €903
mainly Investment in fixed assets (net) (-€20,945) and Tax, wage and social debts (-€3,734)
- Trade debts +€4,421
up €4,421 (+61.7%), from €7,162 to €11,583
- Tax, wage and social debts -€3,734
down €3,734 (-76.9%), from €4,856 to €1,122
- Profit (loss) carried forward +€2,685
up €2,685 (+8.2%), from €32,876 to €35,561
- Gross operating margin -€7,083
down €7,083 (-51.1%), from €13,861 to €6,778
- Depreciation +€3,242
new in 2024: €3,242
- Taxes -€1,614
down €1,614 (-59.0%), from €2,736 to €1,122
- Financial income +€478
up €478 (+151%), from €316 to €794
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,658 | €67,369 | +€2,711 | +4.2% |
| Fixed assets | 21/28 | - | €17,703 | +€17,703 | |
| Tangible fixed assets | 22/27 | - | €17,703 | +€17,703 | |
| Furniture and vehicles | 24 | - | €17,703 | +€17,703 | |
| Current assets | 29/58 | €64,658 | €49,666 | -€14,992 | -23.2% |
| Amounts receivable within one year | 40/41 | €62,264 | €48,763 | -€13,501 | -21.7% |
| Trade receivables | 40 | €55,621 | €28,766 | -€26,856 | -48.3% |
| Other amounts receivable | 41 | €6,642 | €19,997 | +€13,355 | +201% |
| Cash at bank and in hand | 54/58 | €2,394 | €903 | -€1,491 | -62.3% |
| Total equity and liabilities | 10/49 | €64,658 | €67,369 | +€2,711 | +4.2% |
| Equity | 10/15 | €51,979 | €54,664 | +€2,685 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €503 | €503 | = | 0.0% |
| Non-distributable reserves | 130/1 | €503 | €503 | = | 0.0% |
| Legal reserve | 130 | €503 | €503 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,876 | €35,561 | +€2,685 | +8.2% |
| Amounts payable | 17/49 | €12,679 | €12,705 | +€26 | +0.2% |
| Amounts payable within one year | 42/48 | €12,679 | €12,705 | +€26 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €662 | - | -€662 | |
| Trade debts | 44 | €7,162 | €11,583 | +€4,421 | +61.7% |
| Suppliers | 440/4 | €7,162 | €11,583 | +€4,421 | +61.7% |
| Taxes, remuneration and social security | 45 | €4,856 | €1,122 | -€3,734 | -76.9% |
| Taxes | 450/3 | €4,856 | €1,122 | -€3,734 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,242 | +€3,242 | |
| Other operating charges | 640/8 | €398 | €317 | -€81 | -20.4% |
| Gross operating margin | 9900 | €13,861 | €6,778 | -€7,083 | -51.1% |
| Operating profit (loss) | 9901 | €13,463 | €3,219 | -€10,243 | -76.1% |
| Financial income | 75/76B | €316 | €794 | +€478 | +151% |
| Recurring financial income | 75 | €316 | €794 | +€478 | +151% |
| Financial charges | 65/66B | €97 | €206 | +€109 | +113% |
| Recurring financial charges | 65 | €97 | €206 | +€109 | +113% |
| Profit (loss) for the period before taxes | 9903 | €13,682 | €3,807 | -€9,875 | -72.2% |
| Income taxes | 67/77 | €2,736 | €1,122 | -€1,614 | -59.0% |
| Profit (loss) for the period | 9904 | €10,945 | €2,685 | -€8,260 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,945 | €2,685 | -€8,260 | -75.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.