QUALITY CONSTRUCT FC: 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 CONSTRUCT FC
Largest movements
- Receivables within one year -€35,381
down €35,381 (-20.1%), from €176,037 to €140,656
of which Other amounts receivable: -€19,328
- Tangible fixed assets -€16,801
down €16,801 (-9.2%), from €183,340 to €166,539
of which Furniture and vehicles: -€9,372
- Other debts +€51,713
up €51,713 (+141%), from €36,633 to €88,346
- Trade debts -€42,390
down €42,390 (-60.2%), from €70,422 to €28,032
- Short-term financial debts -€33,000
down €33,000 (-68.8%), from €48,000 to €15,000
- Reserves -€21,315
down €21,315 (-31.9%), from €66,718 to €45,403
- Debts after one year -€14,449
down €14,449 (-12.6%), from €114,490 to €100,041
- Taxes +€11,808
up €11,808 (+284%), from €4,161 to €15,969
- Gross operating margin +€9,159
up €9,159 (+4.5%), from €205,319 to €214,478
- Write-downs +€5,488
new in 2025: €5,488
- Staff costs +€4,155
up €4,155 (+4.6%), from €89,510 to €93,665
- Financial charges +€3,100
up €3,100 (+20.0%), from €15,519 to €18,619
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,329 | €328,713 | -€53,616 | -14.0% |
| Fixed assets | 21/28 | €183,340 | €166,539 | -€16,801 | -9.2% |
| Tangible fixed assets | 22/27 | €183,340 | €166,539 | -€16,801 | -9.2% |
| Land and buildings | 22 | €163,155 | €154,949 | -€8,205 | -5.0% |
| Plant, machinery and equipment | 23 | €3,723 | €4,500 | +€776 | +20.9% |
| Furniture and vehicles | 24 | €16,462 | €7,089 | -€9,372 | -56.9% |
| Current assets | 29/58 | €198,989 | €162,175 | -€36,815 | -18.5% |
| Stocks and contracts in progress | 3 | €15,438 | €13,752 | -€1,686 | -10.9% |
| Stocks | 30/36 | €15,438 | €13,752 | -€1,686 | -10.9% |
| Amounts receivable within one year | 40/41 | €176,037 | €140,656 | -€35,381 | -20.1% |
| Trade receivables | 40 | €142,029 | €125,976 | -€16,053 | -11.3% |
| Other amounts receivable | 41 | €34,008 | €14,680 | -€19,328 | -56.8% |
| Cash at bank and in hand | 54/58 | €5,660 | €5,632 | -€28 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,855 | €2,134 | +€280 | +15.1% |
| Total equity and liabilities | 10/49 | €382,329 | €328,713 | -€53,616 | -14.0% |
| Equity | 10/15 | €85,718 | €64,403 | -€21,315 | -24.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €66,718 | €45,403 | -€21,315 | -31.9% |
| Distributable reserves | 133 | €66,718 | €45,403 | -€21,315 | -31.9% |
| Amounts payable | 17/49 | €296,611 | €264,310 | -€32,300 | -10.9% |
| Amounts payable after more than one year | 17 | €114,490 | €100,041 | -€14,449 | -12.6% |
| Financial debts | 170/4 | €114,490 | €100,041 | -€14,449 | -12.6% |
| Amounts payable within one year | 42/48 | €182,120 | €164,269 | -€17,851 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €21,152 | €14,449 | -€6,702 | -31.7% |
| Financial debts | 43 | €48,000 | €15,000 | -€33,000 | -68.8% |
| Other loans | 439 | €48,000 | €15,000 | -€33,000 | -68.8% |
| Trade debts | 44 | €70,422 | €28,032 | -€42,390 | -60.2% |
| Suppliers | 440/4 | €70,422 | €28,032 | -€42,390 | -60.2% |
| Taxes, remuneration and social security | 45 | €5,913 | €18,442 | +€12,529 | +212% |
| Taxes | 450/3 | €1,753 | €8,406 | +€6,653 | +380% |
| Remuneration and social security | 454/9 | €4,160 | €10,036 | +€5,875 | +141% |
| Other amounts payable | 47/48 | €36,633 | €88,346 | +€51,713 | +141% |
| Non-recurring operating income | 76A | €14,621 | - | -€14,621 | |
| Remuneration, social security and pensions | 62 | €89,510 | €93,665 | +€4,155 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,786 | €32,091 | -€695 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,488 | +€5,488 | |
| Other operating charges | 640/8 | €2,794 | €2,818 | +€24 | +0.8% |
| Non-recurring operating charges | 66A | - | €6,427 | +€6,427 | |
| Gross operating margin | 9900 | €205,319 | €214,478 | +€9,159 | +4.5% |
| Operating profit (loss) | 9901 | €80,228 | €73,988 | -€6,240 | -7.8% |
| Financial income | 75/76B | €200 | €85 | -€114 | -57.2% |
| Recurring financial income | 75 | €200 | €85 | -€114 | -57.2% |
| Financial charges | 65/66B | €15,519 | €18,619 | +€3,100 | +20.0% |
| Recurring financial charges | 65 | €15,519 | €18,619 | +€3,100 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €64,908 | €55,454 | -€9,454 | -14.6% |
| Income taxes | 67/77 | €4,161 | €15,969 | +€11,808 | +284% |
| Profit (loss) for the period | 9904 | €60,747 | €39,485 | -€21,262 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,747 | €39,485 | -€21,262 | -35.0% |
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 28 October 2026 via checked.be.