Quality Finish: 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 Finish
Largest movements
- Stocks and contracts -€9,370
down €9,370 (-71.8%), from €13,057 to €3,686
- Receivables within one year +€3,149
up €3,149 (+45.1%), from €6,976 to €10,124
of which Trade receivables: +€3,638
- Cash +€2,602
up €2,602 (+302%), from €860 to €3,462
mainly Stocks and contracts (+€9,370) and Net result for the year (+€2,910)
- Tangible fixed assets -€491
down €491 (-26.9%), from €1,826 to €1,335
- Other debts -€6,695
down €6,695 (-57.7%), from €11,596 to €4,901
- Trade debts -€2,966
down €2,966 (-79.0%), from €3,754 to €788
- Profit (loss) carried forward +€2,910
up €2,910 (+249%), from €1,169 to €4,079
- Tax, wage and social debts +€2,639
up €2,639, from €0 to €2,639
- Other operating charges -€3,332
down €3,332 (-61.0%), from €5,458 to €2,126
- Financial charges +€744
up €744 (+205%), from €364 to €1,107
- Taxes +€530
new in 2025: €530
- Gross operating margin +€520
up €520 (+7.8%), from €6,645 to €7,165
- Financial income -€140
down €140 (-100%), from €140 to €0
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 | €22,719 | €18,608 | -€4,111 | -18.1% |
| Fixed assets | 21/28 | €1,826 | €1,335 | -€491 | -26.9% |
| Tangible fixed assets | 22/27 | €1,826 | €1,335 | -€491 | -26.9% |
| Plant, machinery and equipment | 23 | €1,826 | €1,335 | -€491 | -26.9% |
| Current assets | 29/58 | €20,893 | €17,273 | -€3,620 | -17.3% |
| Stocks and contracts in progress | 3 | €13,057 | €3,686 | -€9,370 | -71.8% |
| Stocks | 30/36 | €13,057 | €3,686 | -€9,370 | -71.8% |
| Amounts receivable within one year | 40/41 | €6,976 | €10,124 | +€3,149 | +45.1% |
| Trade receivables | 40 | €6,486 | €10,124 | +€3,638 | +56.1% |
| Other amounts receivable | 41 | €489 | €0 | -€489 | -100% |
| Cash at bank and in hand | 54/58 | €860 | €3,462 | +€2,602 | +302% |
| Total equity and liabilities | 10/49 | €22,719 | €18,608 | -€4,111 | -18.1% |
| Equity | 10/15 | €7,369 | €10,279 | +€2,910 | +39.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,169 | €4,079 | +€2,910 | +249% |
| Amounts payable | 17/49 | €15,350 | €8,328 | -€7,021 | -45.7% |
| Amounts payable within one year | 42/48 | €15,350 | €8,328 | -€7,021 | -45.7% |
| Trade debts | 44 | €3,754 | €788 | -€2,966 | -79.0% |
| Suppliers | 440/4 | €3,754 | €788 | -€2,966 | -79.0% |
| Taxes, remuneration and social security | 45 | €0 | €2,639 | +€2,639 | |
| Taxes | 450/3 | €0 | €2,639 | +€2,639 | |
| Other amounts payable | 47/48 | €11,596 | €4,901 | -€6,695 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492 | €491 | -€1 | -0.3% |
| Other operating charges | 640/8 | €5,458 | €2,126 | -€3,332 | -61.0% |
| Gross operating margin | 9900 | €6,645 | €7,165 | +€520 | +7.8% |
| Operating profit (loss) | 9901 | €694 | €4,548 | +€3,854 | +555% |
| Financial income | 75/76B | €140 | €0 | -€140 | -100% |
| Recurring financial income | 75 | €140 | €0 | -€140 | -100% |
| Financial charges | 65/66B | €364 | €1,107 | +€744 | +205% |
| Recurring financial charges | 65 | €364 | €1,107 | +€744 | +205% |
| Profit (loss) for the period before taxes | 9903 | €470 | €3,440 | +€2,970 | +632% |
| Income taxes | 67/77 | - | €530 | +€530 | |
| Profit (loss) for the period | 9904 | €470 | €2,910 | +€2,440 | +519% |
| Profit (loss) for the period to be appropriated | 9905 | €470 | €2,910 | +€2,440 | +519% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.