Quality Home: 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 Home
Largest movements
- Deferred charges and accrued income +€29,303
up €29,303 (+969%), from €3,023 to €32,326
- Cash -€28,055
down €28,055 (-16.4%), from €170,670 to €142,615
mainly Deferred charges and accrued income (-€29,303) and Receivables within one year (-€13,337)
- Receivables within one year +€13,337
up €13,337 (+32.2%), from €41,405 to €54,742
of which Other amounts receivable: +€13,059
- Tangible fixed assets -€8,516
down €8,516 (-33.6%), from €25,313 to €16,797
of which Plant, machinery and equipment: -€6,579
- Reserves +€20,199
up €20,199 (+9.8%), from €206,749 to €226,948
of which Distributable reserves: +€20,199
- Tax, wage and social debts -€5,267
no longer reported in 2025 (was €5,267)
- Current portion of long-term debt -€4,360
down €4,360 (-85.8%), from €5,082 to €722
- Trade debts -€3,550
down €3,550 (-82.6%), from €4,298 to €747
- Gross operating margin -€37,746
down €37,746 (-48.1%), from €78,532 to €40,786
- Staff costs -€11,560
down €11,560, from €10,710 to -€850
- Taxes -€7,293
down €7,293 (-47.8%), from €15,267 to €7,974
- Depreciation +€2,708
up €2,708 (+28.5%), from €9,489 to €12,196
- Financial charges -€1,984
down €1,984 (-78.3%), from €2,534 to €550
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 | €244,390 | €250,460 | +€6,070 | +2.5% |
| Fixed assets | 21/28 | €29,293 | €20,777 | -€8,516 | -29.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €25,313 | €16,797 | -€8,516 | -33.6% |
| Plant, machinery and equipment | 23 | €20,297 | €13,719 | -€6,579 | -32.4% |
| Furniture and vehicles | 24 | €5,015 | €3,078 | -€1,937 | -38.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,980 | €3,980 | = | 0.0% |
| Current assets | 29/58 | €215,097 | €229,683 | +€14,586 | +6.8% |
| Amounts receivable within one year | 40/41 | €41,405 | €54,742 | +€13,337 | +32.2% |
| Trade receivables | 40 | €5,055 | €5,333 | +€278 | +5.5% |
| Other amounts receivable | 41 | €36,350 | €49,409 | +€13,059 | +35.9% |
| Cash at bank and in hand | 54/58 | €170,670 | €142,615 | -€28,055 | -16.4% |
| Deferred charges and accrued income | 490/1 | €3,023 | €32,326 | +€29,303 | +969% |
| Total equity and liabilities | 10/49 | €244,390 | €250,460 | +€6,070 | +2.5% |
| Equity | 10/15 | €225,449 | €245,648 | +€20,199 | +9.0% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €206,749 | €226,948 | +€20,199 | +9.8% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €204,879 | €225,078 | +€20,199 | +9.9% |
| Amounts payable | 17/49 | €18,941 | €4,813 | -€14,129 | -74.6% |
| Amounts payable after more than one year | 17 | €907 | - | -€907 | |
| Financial debts | 170/4 | €907 | - | -€907 | |
| Amounts payable within one year | 42/48 | €18,035 | €4,813 | -€13,222 | -73.3% |
| Current portion of amounts payable after more than one year | 42 | €5,082 | €722 | -€4,360 | -85.8% |
| Financial debts | 43 | €3,388 | €3,344 | -€45 | -1.3% |
| Credit institutions | 430/8 | €3,388 | €3,344 | -€45 | -1.3% |
| Trade debts | 44 | €4,298 | €747 | -€3,550 | -82.6% |
| Suppliers | 440/4 | €4,298 | €747 | -€3,550 | -82.6% |
| Taxes, remuneration and social security | 45 | €5,267 | - | -€5,267 | |
| Taxes | 450/3 | €5,267 | - | -€5,267 | |
| Remuneration, social security and pensions | 62 | €10,710 | -€850 | -€11,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,489 | €12,196 | +€2,708 | +28.5% |
| Other operating charges | 640/8 | €607 | €716 | +€109 | +17.9% |
| Non-recurring operating charges | 66A | €97 | - | -€97 | |
| Gross operating margin | 9900 | €78,532 | €40,786 | -€37,746 | -48.1% |
| Operating profit (loss) | 9901 | €57,629 | €28,723 | -€28,906 | -50.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,000% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,000% |
| Financial charges | 65/66B | €2,534 | €550 | -€1,984 | -78.3% |
| Recurring financial charges | 65 | €2,534 | €550 | -€1,984 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €55,095 | €28,173 | -€26,922 | -48.9% |
| Income taxes | 67/77 | €15,267 | €7,974 | -€7,293 | -47.8% |
| Profit (loss) for the period | 9904 | €39,828 | €20,199 | -€19,629 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,828 | €20,199 | -€19,629 | -49.3% |
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 30 October 2026 via checked.be.