QUALITY GRILL: 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 GRILL
Largest movements
- Cash +€155,995
up €155,995 (+41.1%), from €379,779 to €535,774
mainly Net result for the year (+€173,815) and Other debts (+€69,483)
- Tangible fixed assets +€98,872
up €98,872 (+73.6%), from €134,264 to €233,136
of which Other tangible fixed assets: +€110,140
- Receivables within one year +€11,734
up €11,734 (+43.2%), from €27,168 to €38,902
of which Other amounts receivable: +€12,239
- Other debts +€69,483
up €69,483 (+127.1%), from €54,666 to €124,149
- Debts after one year +€64,128
new in 2025: €64,128
- Reserves +€53,000
up €53,000 (+59.6%), from €89,000 to €142,000
- Current portion of long-term debt +€26,359
new in 2025: €26,359
- Trade debts +€25,492
up €25,492 (+33.2%), from €76,814 to €102,305
- Gross operating margin +€101,442
up €101,442 (+12.8%), from €791,670 to €893,112
- Staff costs +€47,483
up €47,483 (+8.4%), from €563,057 to €610,540
- Depreciation +€10,850
up €10,850 (+34.7%), from €31,237 to €42,087
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.
Cash bridge derived
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 | €583,619 | €845,444 | +€261,825 | +44.9% |
| Fixed assets | 21/28 | €134,264 | €233,136 | +€98,872 | +73.6% |
| Tangible fixed assets | 22/27 | €134,264 | €233,136 | +€98,872 | +73.6% |
| Furniture and vehicles | 24 | €58,508 | €47,240 | -€11,268 | -19.3% |
| Other tangible fixed assets | 26 | €75,756 | €185,896 | +€110,140 | +145.4% |
| Current assets | 29/58 | €449,355 | €612,309 | +€162,954 | +36.3% |
| Stocks and contracts in progress | 3 | €41,153 | €37,569 | -€3,584 | -8.7% |
| Stocks | 30/36 | €41,153 | €37,569 | -€3,584 | -8.7% |
| Amounts receivable within one year | 40/41 | €27,168 | €38,902 | +€11,734 | +43.2% |
| Trade receivables | 40 | €685 | €180 | -€505 | -73.8% |
| Other amounts receivable | 41 | €26,484 | €38,722 | +€12,239 | +46.2% |
| Cash at bank and in hand | 54/58 | €379,779 | €535,774 | +€155,995 | +41.1% |
| Deferred charges and accrued income | 490/1 | €1,254 | €63 | -€1,191 | -95.0% |
| Total equity and liabilities | 10/49 | €583,619 | €845,444 | +€261,825 | +44.9% |
| Equity | 10/15 | €325,887 | €379,702 | +€53,815 | +16.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €89,000 | €142,000 | +€53,000 | +59.6% |
| Distributable reserves | 133 | €89,000 | €142,000 | +€53,000 | +59.6% |
| Profit (loss) carried forward | 14 | €216,887 | €217,702 | +€815 | +0.4% |
| Amounts payable | 17/49 | €257,732 | €465,743 | +€208,010 | +80.7% |
| Amounts payable after more than one year | 17 | - | €64,128 | +€64,128 | |
| Financial debts | 170/4 | - | €64,128 | +€64,128 | |
| Amounts payable within one year | 42/48 | €255,632 | €397,181 | +€141,549 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | - | €26,359 | +€26,359 | |
| Financial debts | 43 | €42,610 | €49,167 | +€6,557 | +15.4% |
| Credit institutions | 430/8 | €42,610 | €49,167 | +€6,557 | +15.4% |
| Trade debts | 44 | €76,814 | €102,305 | +€25,492 | +33.2% |
| Suppliers | 440/4 | €76,814 | €102,305 | +€25,492 | +33.2% |
| Advances received on contracts in progress | 46 | - | €1,450 | +€1,450 | |
| Taxes, remuneration and social security | 45 | €81,543 | €93,752 | +€12,210 | +15.0% |
| Taxes | 450/3 | €10,012 | €2,709 | -€7,303 | -72.9% |
| Remuneration and social security | 454/9 | €71,531 | €91,043 | +€19,512 | +27.3% |
| Other amounts payable | 47/48 | €54,666 | €124,149 | +€69,483 | +127.1% |
| Accrued charges and deferred income | 492/3 | €2,100 | €4,433 | +€2,333 | +111.1% |
| Remuneration, social security and pensions | 62 | €563,057 | €610,540 | +€47,483 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,237 | €42,087 | +€10,850 | +34.7% |
| Other operating charges | 640/8 | €4,267 | €2,931 | -€1,335 | -31.3% |
| Gross operating margin | 9900 | €791,670 | €893,112 | +€101,442 | +12.8% |
| Operating profit (loss) | 9901 | €193,109 | €237,554 | +€44,445 | +23.0% |
| Financial income | 75/76B | €2,545 | €2,019 | -€526 | -20.7% |
| Recurring financial income | 75 | €2,545 | €2,019 | -€526 | -20.7% |
| Financial charges | 65/66B | €5,614 | €8,381 | +€2,768 | +49.3% |
| Recurring financial charges | 65 | €5,614 | €8,381 | +€2,768 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | €190,040 | €231,191 | +€41,152 | +21.7% |
| Income taxes | 67/77 | €52,463 | €57,376 | +€4,913 | +9.4% |
| Profit (loss) for the period | 9904 | €137,577 | €173,815 | +€36,238 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €137,577 | €173,815 | +€36,238 | +26.3% |
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 12 October 2026 via checked.be.