QUALITY FIRE SOLUTION: 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 FIRE SOLUTION
Largest movements
- Receivables within one year +€27,798
up €27,798 (+94.8%), from €29,320 to €57,118
of which Trade receivables: +€29,661
- Tangible fixed assets +€6,922
up €6,922 (+1,075%), from €644 to €7,566
of which Furniture and vehicles: +€7,296
- Stocks and contracts +€6,900
up €6,900 (+8.3%), from €82,700 to €89,600
- Cash -€6,803
down €6,803 (-88.4%), from €7,698 to €895
mainly Receivables within one year (-€27,798) and Current portion of long-term debt (-€8,213)
- Receivables after one year -€4,000
down €4,000 (-14.8%), from €27,000 to €23,000
- Trade debts +€31,720
up €31,720 (+1,297%), from €2,446 to €34,166
- Current portion of long-term debt -€8,213
down €8,213 (-21.5%), from €38,213 to €30,000
- Short-term financial debts +€2,376
up €2,376 (+966%), from €246 to €2,622
- Tax, wage and social debts +€2,178
up €2,178 (+57.6%), from €3,779 to €5,957
- Gross operating margin -€5,765
down €5,765 (-39.9%), from €14,450 to €8,685
- Financial charges -€535
down €535 (-11.7%), from €4,559 to €4,024
- Taxes -€360
down €360 (-12.1%), from €2,966 to €2,606
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 | €148,384 | €178,972 | +€30,588 | +20.6% |
| Fixed assets | 21/28 | €644 | €7,566 | +€6,922 | +1,075% |
| Tangible fixed assets | 22/27 | €644 | €7,566 | +€6,922 | +1,075% |
| Plant, machinery and equipment | 23 | €644 | €270 | -€374 | -58.0% |
| Furniture and vehicles | 24 | - | €7,296 | +€7,296 | |
| Current assets | 29/58 | €147,740 | €171,406 | +€23,666 | +16.0% |
| Amounts receivable after more than one year | 29 | €27,000 | €23,000 | -€4,000 | -14.8% |
| Other amounts receivable | 291 | €27,000 | €23,000 | -€4,000 | -14.8% |
| Stocks and contracts in progress | 3 | €82,700 | €89,600 | +€6,900 | +8.3% |
| Stocks | 30/36 | €82,700 | €89,600 | +€6,900 | +8.3% |
| Amounts receivable within one year | 40/41 | €29,320 | €57,118 | +€27,798 | +94.8% |
| Trade receivables | 40 | €27,457 | €57,118 | +€29,661 | +108% |
| Other amounts receivable | 41 | €1,863 | - | -€1,863 | |
| Cash at bank and in hand | 54/58 | €7,698 | €895 | -€6,803 | -88.4% |
| Deferred charges and accrued income | 490/1 | €1,022 | €793 | -€229 | -22.4% |
| Total equity and liabilities | 10/49 | €148,384 | €178,972 | +€30,588 | +20.6% |
| Equity | 10/15 | €103,700 | €105,313 | +€1,613 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,100 | €86,713 | +€1,613 | +1.9% |
| Distributable reserves | 133 | €85,100 | €86,713 | +€1,613 | +1.9% |
| Amounts payable | 17/49 | €44,684 | €73,660 | +€28,975 | +64.8% |
| Amounts payable within one year | 42/48 | €44,684 | €73,660 | +€28,975 | +64.8% |
| Current portion of amounts payable after more than one year | 42 | €38,213 | €30,000 | -€8,213 | -21.5% |
| Financial debts | 43 | €246 | €2,622 | +€2,376 | +966% |
| Credit institutions | 430/8 | €246 | €2,622 | +€2,376 | +966% |
| Trade debts | 44 | €2,446 | €34,166 | +€31,720 | +1,297% |
| Suppliers | 440/4 | €2,446 | €34,166 | +€31,720 | +1,297% |
| Taxes, remuneration and social security | 45 | €3,779 | €5,957 | +€2,178 | +57.6% |
| Taxes | 450/3 | €3,779 | €5,957 | +€2,178 | +57.6% |
| Other amounts payable | 47/48 | - | €915 | +€915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €516 | +€143 | +38.2% |
| Other operating charges | 640/8 | €1,052 | €1,171 | +€119 | +11.3% |
| Gross operating margin | 9900 | €14,450 | €8,685 | -€5,765 | -39.9% |
| Operating profit (loss) | 9901 | €13,025 | €6,998 | -€6,027 | -46.3% |
| Financial income | 75/76B | €1,348 | €1,245 | -€104 | -7.7% |
| Recurring financial income | 75 | €1,348 | €1,245 | -€104 | -7.7% |
| Financial charges | 65/66B | €4,559 | €4,024 | -€535 | -11.7% |
| Recurring financial charges | 65 | €4,559 | €4,024 | -€535 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €9,815 | €4,219 | -€5,596 | -57.0% |
| Income taxes | 67/77 | €2,966 | €2,606 | -€360 | -12.1% |
| Profit (loss) for the period | 9904 | €6,849 | €1,613 | -€5,236 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,849 | €1,613 | -€5,236 | -76.4% |
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 17 October 2026 via checked.be.