Quality Coders: 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.
Quality Coders
Largest movements
- Cash -€46,194
down €46,194 (-15.7%), from €294,794 to €248,600
mainly Contributions, distributions and other (-€115,170) and Other debts (-€6,079)
- Tangible fixed assets -€10,997
down €10,997 (-23.8%), from €46,259 to €35,262
of which Furniture and vehicles: -€8,648
- Reserves -€53,062
down €53,062 (-22.9%), from €231,405 to €178,343
- Other debts -€6,079
down €6,079 (-5.0%), from €121,249 to €115,170
- Gross operating margin -€11,735
down €11,735 (-10.7%), from €109,276 to €97,541
- Taxes -€2,262
down €2,262 (-8.6%), from €26,345 to €24,083
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 | €363,709 | €304,751 | -€58,958 | -16.2% |
| Fixed assets | 21/28 | €46,259 | €35,262 | -€10,997 | -23.8% |
| Tangible fixed assets | 22/27 | €46,259 | €35,262 | -€10,997 | -23.8% |
| Land and buildings | 22 | €4,027 | €2,561 | -€1,467 | -36.4% |
| Plant, machinery and equipment | 23 | €4,250 | €3,368 | -€882 | -20.8% |
| Furniture and vehicles | 24 | €37,982 | €29,334 | -€8,648 | -22.8% |
| Current assets | 29/58 | €317,449 | €269,489 | -€47,960 | -15.1% |
| Amounts receivable within one year | 40/41 | €22,109 | €20,889 | -€1,220 | -5.5% |
| Trade receivables | 40 | €18,059 | €18,096 | +€36 | +0.2% |
| Other amounts receivable | 41 | €4,050 | €2,793 | -€1,257 | -31.0% |
| Cash at bank and in hand | 54/58 | €294,794 | €248,600 | -€46,194 | -15.7% |
| Deferred charges and accrued income | 490/1 | €546 | €0 | -€546 | -100.0% |
| Total equity and liabilities | 10/49 | €363,709 | €304,751 | -€58,958 | -16.2% |
| Equity | 10/15 | €237,605 | €184,543 | -€53,062 | -22.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €231,405 | €178,343 | -€53,062 | -22.9% |
| Distributable reserves | 133 | €231,405 | €178,343 | -€53,062 | -22.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €126,104 | €120,208 | -€5,896 | -4.7% |
| Amounts payable within one year | 42/48 | €126,104 | €120,100 | -€6,003 | -4.8% |
| Trade debts | 44 | €1,552 | €1,549 | -€4 | -0.2% |
| Suppliers | 440/4 | €1,552 | €1,549 | -€4 | -0.2% |
| Taxes, remuneration and social security | 45 | €3,302 | €3,382 | +€79 | +2.4% |
| Taxes | 450/3 | €3,302 | €3,382 | +€79 | +2.4% |
| Other amounts payable | 47/48 | €121,249 | €115,170 | -€6,079 | -5.0% |
| Accrued charges and deferred income | 492/3 | - | €107 | +€107 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,139 | €12,546 | +€407 | +3.4% |
| Other operating charges | 640/8 | €1,019 | €1,007 | -€13 | -1.2% |
| Gross operating margin | 9900 | €109,276 | €97,541 | -€11,735 | -10.7% |
| Operating profit (loss) | 9901 | €96,118 | €83,988 | -€12,130 | -12.6% |
| Financial income | 75/76B | €1,315 | €2,324 | +€1,009 | +76.7% |
| Recurring financial income | 75 | €1,315 | €2,324 | +€1,009 | +76.7% |
| Financial charges | 65/66B | €141 | €121 | -€20 | -13.9% |
| Recurring financial charges | 65 | €141 | €121 | -€20 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €97,292 | €86,191 | -€11,101 | -11.4% |
| Income taxes | 67/77 | €26,345 | €24,083 | -€2,262 | -8.6% |
| Profit (loss) for the period | 9904 | €70,948 | €62,108 | -€8,839 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,948 | €62,108 | -€8,839 | -12.5% |
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 11 October 2026 via checked.be.