QUALITY DESIGNS: what changed
Two fiscal 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 DESIGNS
Largest movements
- Receivables within one year -€6,845
down €6,845 (-22.6%), from €30,347 to €23,502
- Deferred charges and accrued income +€384
up €384 (+14.8%), from €2,594 to €2,978
- Trade debts -€4,039
down €4,039 (-21.0%), from €19,201 to €15,162
of which Suppliers: -€4,039
- Tax, wage and social debts -€2,677
down €2,677 (-26.8%), from €9,982 to €7,305
of which Remuneration and social security: -€2,603
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,279 | €31,563 | -€6,716 | -17.5% |
| Fixed assets | 21/28 | €1,711 | €1,711 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,711 | €1,711 | = | 0.0% |
| Furniture and vehicles | 24 | €1,711 | €1,711 | = | 0.0% |
| Current assets | 29/58 | €36,568 | €29,852 | -€6,716 | -18.4% |
| Amounts receivable within one year | 40/41 | €30,347 | €23,502 | -€6,845 | -22.6% |
| Trade receivables | 40 | €30,347 | €23,502 | -€6,845 | -22.6% |
| Cash at bank and in hand | 54/58 | €3,627 | €3,372 | -€255 | -7.0% |
| Deferred charges and accrued income | 490/1 | €2,594 | €2,978 | +€384 | +14.8% |
| Total equity and liabilities | 10/49 | €38,279 | €31,563 | -€6,716 | -17.5% |
| Equity | 10/15 | €9,096 | €9,096 | = | 0.0% |
| Contributions | 10/11 | €19,900 | €19,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,804 | -€10,804 | = | 0.0% |
| Amounts payable | 17/49 | €29,183 | €22,467 | -€6,716 | -23.0% |
| Amounts payable within one year | 42/48 | €29,183 | €22,467 | -€6,716 | -23.0% |
| Trade debts | 44 | €19,201 | €15,162 | -€4,039 | -21.0% |
| Suppliers | 440/4 | €17,347 | €13,308 | -€4,039 | -23.3% |
| Bills of exchange payable | 441 | €1,854 | €1,854 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,982 | €7,305 | -€2,677 | -26.8% |
| Taxes | 450/3 | €3,950 | €3,876 | -€74 | -1.9% |
| Remuneration and social security | 454/9 | €6,032 | €3,429 | -€2,603 | -43.2% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Gross operating margin | 9900 | €0 | €0 | = | |
| Operating profit (loss) | 9901 | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.