QUALITY CONTROL: what changed
What changed
QUALITY CONTROL
NACE 85.599, Other education
filed annual accounts (NBB)
Net result for the year
€176,453
2024 · €130,007+€46,445
Equity
€155,020
2024 · €155,020
Cash
€302,963
2024 · €98,158+€204,805
Balance sheet total
€1.3m
2024 · €910,524+€371,851
Largest movements
Assets
- Cash +€204,805
up €204,805 (+209%), from €98,158 to €302,963
mainly Trade debts (+€318,126) and Net result for the year (+€176,453)
- Receivables within one year +€164,028
up €164,028 (+20.2%), from €812,366 to €976,394
of which Trade receivables: +€162,508
Equity and liabilities
- Trade debts +€318,126
up €318,126 (+75.8%), from €419,761 to €737,887
- Other debts +€43,705
up €43,705 (+32.9%), from €132,770 to €176,475
Income statement
- Gross operating margin +€159,387
up €159,387 (+29.0%), from €550,075 to €709,462
- Staff costs +€90,237
up €90,237 (+24.8%), from €363,668 to €453,905
- Taxes +€18,378
up €18,378 (+36.0%), from €51,067 to €69,446
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€130,007
Gross operating margin
+€159,387
Staff costs
-€90,237
Depreciation
-€483
Other operating charges
+€513
Financial income
+€0
Financial charges
-€4,357
Taxes
-€18,378
Result 2025
€176,453
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€385,269
Investment
-€3,500
Financing
-€176,964
Cash 2024
€98,158
From operations (derived)
+€385,269
Net result for the year
+€176,453
Depreciation
+€483
Receivables within one year
-€164,028
Trade debts
+€318,126
Tax, wage and social debts
+€10,531
Other debts
+€43,705
Investment (derived)
-€3,500
Investment in fixed assets (net)
-€3,500
Financing
-€176,964
Debts after one year
-€511
Contributions, distributions and other
-€176,453
Cash 2025
€302,963
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €910,524 | €1,282,375 | +€371,851 | +40.8% |
| Fixed assets | 21/28 | - | €3,017 | +€3,017 | |
| Tangible fixed assets | 22/27 | - | €3,017 | +€3,017 | |
| Furniture and vehicles | 24 | - | €3,017 | +€3,017 | |
| Current assets | 29/58 | €910,524 | €1,279,357 | +€368,834 | +40.5% |
| Amounts receivable within one year | 40/41 | €812,366 | €976,394 | +€164,028 | +20.2% |
| Trade receivables | 40 | €801,191 | €963,700 | +€162,508 | +20.3% |
| Other amounts receivable | 41 | €11,175 | €12,695 | +€1,520 | +13.6% |
| Cash at bank and in hand | 54/58 | €98,158 | €302,963 | +€204,805 | +209% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €910,524 | €1,282,375 | +€371,851 | +40.8% |
| Equity | 10/15 | €155,020 | €155,020 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €93,520 | €93,520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €87,370 | €87,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €755,503 | €1,127,354 | +€371,851 | +49.2% |
| Amounts payable after more than one year | 17 | €511 | €0 | -€511 | -100% |
| Other amounts payable | 178/9 | €511 | €0 | -€511 | -100% |
| Amounts payable within one year | 42/48 | €754,992 | €1,127,354 | +€372,362 | +49.3% |
| Trade debts | 44 | €419,761 | €737,887 | +€318,126 | +75.8% |
| Suppliers | 440/4 | €419,761 | €737,887 | +€318,126 | +75.8% |
| Taxes, remuneration and social security | 45 | €202,461 | €212,993 | +€10,531 | +5.2% |
| Taxes | 450/3 | €141,254 | €136,829 | -€4,425 | -3.1% |
| Remuneration and social security | 454/9 | €61,207 | €76,163 | +€14,956 | +24.4% |
| Other amounts payable | 47/48 | €132,770 | €176,475 | +€43,705 | +32.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €363,668 | €453,905 | +€90,237 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €483 | +€483 | |
| Other operating charges | 640/8 | €708 | €195 | -€513 | -72.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €550,075 | €709,462 | +€159,387 | +29.0% |
| Operating profit (loss) | 9901 | €185,699 | €254,879 | +€69,181 | +37.3% |
| Financial income | 75/76B | €0 | €1 | +€0 | +279% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +279% |
| Financial charges | 65/66B | €4,624 | €8,981 | +€4,357 | +94.2% |
| Recurring financial charges | 65 | €4,624 | €8,981 | +€4,357 | +94.2% |
| Profit (loss) for the period before taxes | 9903 | €181,075 | €245,898 | +€64,824 | +35.8% |
| Income taxes | 67/77 | €51,067 | €69,446 | +€18,378 | +36.0% |
| Profit (loss) for the period | 9904 | €130,007 | €176,453 | +€46,445 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €130,007 | €176,453 | +€46,445 | +35.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.