QUALITY GOODS AND SERVICES: 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 GOODS AND SERVICES
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash +€89,460
up €89,460 (+197%), from €45,344 to €134,804
mainly Current investments (+€100,000) and Other debts (+€96,084)
- Tangible fixed assets -€2,471
down €2,471 (-53.8%), from €4,597 to €2,126
of which Furniture and vehicles: -€2,114
- Receivables within one year +€2,179
up €2,179 (+5.3%), from €41,443 to €43,622
- Reserves -€110,210
down €110,210 (-56.4%), from €195,408 to €85,198
- Other debts +€96,084
up €96,084 (+5,719%), from €1,680 to €97,764
- Tax, wage and social debts +€5,225
up €5,225 (+37.5%), from €13,929 to €19,154
- Gross operating margin -€21,893
down €21,893 (-16.6%), from €132,219 to €110,326
- Taxes -€4,871
down €4,871 (-15.9%), from €30,659 to €25,788
- Financial income +€3,161
up €3,161 (+15,805,850%), from €0 to €3,161
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 | €212,706 | €203,722 | -€8,984 | -4.2% |
| Fixed assets | 21/28 | €4,597 | €2,126 | -€2,471 | -53.8% |
| Tangible fixed assets | 22/27 | €4,597 | €2,126 | -€2,471 | -53.8% |
| Plant, machinery and equipment | 23 | €423 | €66 | -€358 | -84.5% |
| Furniture and vehicles | 24 | €4,174 | €2,060 | -€2,114 | -50.6% |
| Current assets | 29/58 | €208,109 | €201,596 | -€6,513 | -3.1% |
| Amounts receivable within one year | 40/41 | €41,443 | €43,622 | +€2,179 | +5.3% |
| Trade receivables | 40 | €41,443 | €43,622 | +€2,179 | +5.3% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €45,344 | €134,804 | +€89,460 | +197% |
| Deferred charges and accrued income | 490/1 | €21,322 | €23,170 | +€1,848 | +8.7% |
| Total equity and liabilities | 10/49 | €212,706 | €203,722 | -€8,984 | -4.2% |
| Equity | 10/15 | €195,408 | €85,198 | -€110,210 | -56.4% |
| Reserves | 13 | €195,408 | €85,198 | -€110,210 | -56.4% |
| Distributable reserves | 133 | €195,408 | €85,198 | -€110,210 | -56.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,298 | €118,525 | +€101,226 | +585% |
| Amounts payable within one year | 42/48 | €16,249 | €117,476 | +€101,226 | +623% |
| Trade debts | 44 | €640 | €558 | -€83 | -12.9% |
| Suppliers | 440/4 | €640 | €558 | -€83 | -12.9% |
| Taxes, remuneration and social security | 45 | €13,929 | €19,154 | +€5,225 | +37.5% |
| Taxes | 450/3 | €13,929 | €19,154 | +€5,225 | +37.5% |
| Other amounts payable | 47/48 | €1,680 | €97,764 | +€96,084 | +5,719% |
| Accrued charges and deferred income | 492/3 | €1,049 | €1,049 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,527 | €2,471 | -€55 | -2.2% |
| Other operating charges | 640/8 | €118 | €851 | +€733 | +621% |
| Gross operating margin | 9900 | €132,219 | €110,326 | -€21,893 | -16.6% |
| Operating profit (loss) | 9901 | €129,575 | €107,004 | -€22,571 | -17.4% |
| Financial income | 75/76B | €0 | €3,161 | +€3,161 | +15,805,850% |
| Recurring financial income | 75 | €0 | €3,161 | +€3,161 | +15,805,850% |
| Financial charges | 65/66B | €216 | €194 | -€22 | -10.1% |
| Recurring financial charges | 65 | €216 | €194 | -€22 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €129,359 | €109,971 | -€19,388 | -15.0% |
| Income taxes | 67/77 | €30,659 | €25,788 | -€4,871 | -15.9% |
| Profit (loss) for the period | 9904 | €98,700 | €84,183 | -€14,517 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €98,700 | €84,183 | -€14,517 | -14.7% |
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 29 October 2026 via checked.be.