QUALITY EQUIPMENT & TECHNOLOGIES: 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 EQUIPMENT & TECHNOLOGIES
Largest movements
- Receivables within one year +€61,735
up €61,735 (+142%), from €43,525 to €105,260
of which Trade receivables: +€63,853
- Tangible fixed assets -€11,646
down €11,646 (-7.4%), from €157,588 to €145,942
of which Land and buildings: -€11,749
- Stocks and contracts -€9,481
down €9,481 (-5.3%), from €177,646 to €168,165
- Cash +€8,296
up €8,296 (+19.3%), from €43,023 to €51,320
mainly Other debts (+€56,048) and Net result for the year (+€33,673)
- Other debts +€56,048
up €56,048 (+321%), from €17,475 to €73,523
- Debts after one year -€23,248
down €23,248 (-34.6%), from €67,208 to €43,959
- Trade debts +€18,031
up €18,031 (+24.2%), from €74,434 to €92,465
- Reserves -€17,988
down €17,988 (-9.2%), from €194,946 to €176,958
of which Distributable reserves: -€17,988
- Tax, wage and social debts +€10,288
up €10,288 (+34.5%), from €29,782 to €40,070
- Gross operating margin +€42,752
up €42,752 (+69.1%), from €61,836 to €104,588
- Write-downs +€24,321
new in 2025: €24,321
- Taxes +€5,252
up €5,252 (+58.7%), from €8,948 to €14,200
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 | €427,870 | €475,254 | +€47,385 | +11.1% |
| Fixed assets | 21/28 | €157,588 | €145,942 | -€11,646 | -7.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €157,588 | €145,942 | -€11,646 | -7.4% |
| Land and buildings | 22 | €148,005 | €136,255 | -€11,749 | -7.9% |
| Plant, machinery and equipment | 23 | €2,560 | €3,156 | +€596 | +23.3% |
| Furniture and vehicles | 24 | €7,023 | €6,530 | -€493 | -7.0% |
| Current assets | 29/58 | €270,282 | €329,313 | +€59,031 | +21.8% |
| Stocks and contracts in progress | 3 | €177,646 | €168,165 | -€9,481 | -5.3% |
| Stocks | 30/36 | €177,646 | €168,165 | -€9,481 | -5.3% |
| Amounts receivable within one year | 40/41 | €43,525 | €105,260 | +€61,735 | +142% |
| Trade receivables | 40 | €41,407 | €105,260 | +€63,853 | +154% |
| Other amounts receivable | 41 | €2,118 | €0 | -€2,118 | -100% |
| Cash at bank and in hand | 54/58 | €43,023 | €51,320 | +€8,296 | +19.3% |
| Deferred charges and accrued income | 490/1 | €6,087 | €4,567 | -€1,520 | -25.0% |
| Total equity and liabilities | 10/49 | €427,870 | €475,254 | +€47,385 | +11.1% |
| Equity | 10/15 | €213,546 | €195,558 | -€17,988 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,946 | €176,958 | -€17,988 | -9.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €194,946 | €176,958 | -€17,988 | -9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,323 | €279,697 | +€65,373 | +30.5% |
| Amounts payable after more than one year | 17 | €67,208 | €43,959 | -€23,248 | -34.6% |
| Financial debts | 170/4 | €67,208 | €43,959 | -€23,248 | -34.6% |
| Amounts payable within one year | 42/48 | €146,180 | €232,020 | +€85,840 | +58.7% |
| Current portion of amounts payable after more than one year | 42 | €24,490 | €25,963 | +€1,473 | +6.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €74,434 | €92,465 | +€18,031 | +24.2% |
| Suppliers | 440/4 | €74,434 | €92,465 | +€18,031 | +24.2% |
| Taxes, remuneration and social security | 45 | €29,782 | €40,070 | +€10,288 | +34.5% |
| Taxes | 450/3 | €29,782 | €40,070 | +€10,288 | +34.5% |
| Other amounts payable | 47/48 | €17,475 | €73,523 | +€56,048 | +321% |
| Accrued charges and deferred income | 492/3 | €936 | €3,717 | +€2,782 | +297% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,903 | €15,885 | +€983 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,321 | +€24,321 | |
| Other operating charges | 640/8 | €5,296 | €5,878 | +€582 | +11.0% |
| Gross operating margin | 9900 | €61,836 | €104,588 | +€42,752 | +69.1% |
| Operating profit (loss) | 9901 | €41,638 | €58,503 | +€16,865 | +40.5% |
| Financial income | 75/76B | €1 | €792 | +€792 | +146,652% |
| Recurring financial income | 75 | €1 | €792 | +€792 | +146,652% |
| Financial charges | 65/66B | €11,252 | €11,423 | +€171 | +1.5% |
| Recurring financial charges | 65 | €11,252 | €11,423 | +€171 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €30,387 | €47,873 | +€17,486 | +57.5% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €8,948 | €14,200 | +€5,252 | +58.7% |
| Profit (loss) for the period | 9904 | €21,439 | €33,673 | +€12,234 | +57.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €21,439 | €33,673 | +€12,234 | +57.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.