QUALITY CONSULTANCY AND TRAINING: 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 CONSULTANCY AND TRAINING
Largest movements
- Current investments -€26,346
down €26,346 (-26.1%), from €100,999 to €74,653
- Receivables within one year +€17,793
up €17,793 (+104%), from €17,076 to €34,869
of which Other amounts receivable: +€10,913
- Tangible fixed assets -€15,071
down €15,071 (-5.0%), from €303,650 to €288,579
of which Land and buildings: -€11,758
- Stocks and contracts +€7,509
up €7,509 (+89.0%), from €8,437 to €15,946
- Other debts -€8,575
no longer reported in 2025 (was €8,575)
- Gross operating margin -€25,067
down €25,067 (-50.7%), from €49,416 to €24,349
- Taxes -€5,311
down €5,311 (-64.9%), from €8,187 to €2,876
- Financial charges -€5,250
down €5,250 (-37.6%), from €13,955 to €8,705
- Financial income +€3,774
up €3,774 (+152%), from €2,478 to €6,252
- Depreciation +€556
up €556 (+3.8%), from €14,515 to €15,071
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 | €455,076 | €443,941 | -€11,135 | -2.4% |
| Fixed assets | 21/28 | €303,650 | €288,579 | -€15,071 | -5.0% |
| Tangible fixed assets | 22/27 | €303,650 | €288,579 | -€15,071 | -5.0% |
| Land and buildings | 22 | €298,966 | €287,208 | -€11,758 | -3.9% |
| Furniture and vehicles | 24 | €4,684 | €1,371 | -€3,313 | -70.7% |
| Current assets | 29/58 | €151,425 | €155,362 | +€3,937 | +2.6% |
| Stocks and contracts in progress | 3 | €8,437 | €15,946 | +€7,509 | +89.0% |
| Contracts in progress | 37 | €8,437 | €15,946 | +€7,509 | +89.0% |
| Amounts receivable within one year | 40/41 | €17,076 | €34,869 | +€17,793 | +104% |
| Trade receivables | 40 | €17,076 | €23,956 | +€6,880 | +40.3% |
| Other amounts receivable | 41 | - | €10,913 | +€10,913 | |
| Current investments | 50/53 | €100,999 | €74,653 | -€26,346 | -26.1% |
| Cash at bank and in hand | 54/58 | €24,237 | €27,847 | +€3,611 | +14.9% |
| Deferred charges and accrued income | 490/1 | €677 | €2,046 | +€1,369 | +202% |
| Total equity and liabilities | 10/49 | €455,076 | €443,941 | -€11,135 | -2.4% |
| Equity | 10/15 | €231,467 | €233,329 | +€1,861 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,105 | €217,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €215,245 | €215,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,962 | €3,824 | +€1,861 | +94.9% |
| Amounts payable | 17/49 | €223,608 | €210,612 | -€12,996 | -5.8% |
| Amounts payable after more than one year | 17 | €200,322 | €200,322 | = | 0.0% |
| Financial debts | 170/4 | €200,322 | €200,322 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,287 | €10,291 | -€12,996 | -55.8% |
| Trade debts | 44 | €1,337 | €248 | -€1,088 | -81.4% |
| Suppliers | 440/4 | €1,337 | €248 | -€1,088 | -81.4% |
| Taxes, remuneration and social security | 45 | €13,376 | €10,042 | -€3,334 | -24.9% |
| Taxes | 450/3 | €11,948 | €10,042 | -€1,906 | -16.0% |
| Remuneration and social security | 454/9 | €1,428 | - | -€1,428 | |
| Other amounts payable | 47/48 | €8,575 | - | -€8,575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,515 | €15,071 | +€556 | +3.8% |
| Other operating charges | 640/8 | €2,489 | €2,088 | -€402 | -16.1% |
| Gross operating margin | 9900 | €49,416 | €24,349 | -€25,067 | -50.7% |
| Operating profit (loss) | 9901 | €32,412 | €7,190 | -€25,222 | -77.8% |
| Financial income | 75/76B | €2,478 | €6,252 | +€3,774 | +152% |
| Recurring financial income | 75 | €2,478 | €6,252 | +€3,774 | +152% |
| Financial charges | 65/66B | €13,955 | €8,705 | -€5,250 | -37.6% |
| Recurring financial charges | 65 | €13,955 | €8,705 | -€5,250 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €20,935 | €4,737 | -€16,198 | -77.4% |
| Income taxes | 67/77 | €8,187 | €2,876 | -€5,311 | -64.9% |
| Profit (loss) for the period | 9904 | €12,748 | €1,861 | -€10,886 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,748 | €1,861 | -€10,886 | -85.4% |
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 20 October 2026 via checked.be.