QUALITY HOUSE: what changed
Two fiscal 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 HOUSE
Largest movements
- Tangible fixed assets -€8,344
down €8,344 (-8.7%), from €96,351 to €88,007
of which Furniture and vehicles: -€9,180
- Stocks and contracts -€4,218
down €4,218 (-94.1%), from €4,481 to €263
- Receivables within one year -€3,605
down €3,605 (-38.6%), from €9,339 to €5,734
of which Other amounts receivable: -€2,539
- Intangible fixed assets -€1,291
down €1,291 (-21.9%), from €5,906 to €4,615
- Debts after one year -€9,007
down €9,007 (-18.8%), from €47,954 to €38,947
- Reserves -€7,362
down €7,362 (-36.4%), from €20,220 to €12,858
- Trade debts -€3,125
down €3,125 (-66.0%), from €4,732 to €1,607
- Gross operating margin +€5,900
up €5,900 (+116.9%), from €5,048 to €10,948
- Financial income -€5,472
down €5,472 (-98.5%), from €5,556 to €84
- Write-downs +€1,930
new in 2025: €1,930
- Depreciation +€357
up €357 (+2.8%), from €12,546 to €12,903
- Financial charges -€198
down €198 (-9.1%), from €2,168 to €1,970
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 | €128,447 | €111,352 | -€17,095 | -13.3% |
| Fixed assets | 21/28 | €102,357 | €92,722 | -€9,635 | -9.4% |
| Intangible fixed assets | 21 | €5,906 | €4,615 | -€1,291 | -21.9% |
| Tangible fixed assets | 22/27 | €96,351 | €88,007 | -€8,344 | -8.7% |
| Land and buildings | 22 | €63,914 | €61,773 | -€2,141 | -3.3% |
| Plant, machinery and equipment | 23 | €771 | €546 | -€225 | -29.2% |
| Furniture and vehicles | 24 | €31,666 | €22,486 | -€9,180 | -29.0% |
| Other tangible fixed assets | 26 | - | €3,202 | +€3,202 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €26,090 | €18,630 | -€7,460 | -28.6% |
| Stocks and contracts in progress | 3 | €4,481 | €263 | -€4,218 | -94.1% |
| Stocks | 30/36 | €4,481 | €263 | -€4,218 | -94.1% |
| Amounts receivable within one year | 40/41 | €9,339 | €5,734 | -€3,605 | -38.6% |
| Trade receivables | 40 | €6,105 | €5,039 | -€1,066 | -17.5% |
| Other amounts receivable | 41 | €3,234 | €695 | -€2,539 | -78.5% |
| Cash at bank and in hand | 54/58 | €12,171 | €11,973 | -€198 | -1.6% |
| Deferred charges and accrued income | 490/1 | €99 | €660 | +€561 | +566.7% |
| Total equity and liabilities | 10/49 | €128,447 | €111,352 | -€17,095 | -13.3% |
| Equity | 10/15 | €36,529 | €29,167 | -€7,362 | -20.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €1,911 | €1,911 | = | 0.0% |
| Reserves | 13 | €20,220 | €12,858 | -€7,362 | -36.4% |
| Distributable reserves | 133 | €20,220 | €12,858 | -€7,362 | -36.4% |
| Profit (loss) carried forward | 14 | €1,998 | €1,998 | = | 0.0% |
| Amounts payable | 17/49 | €91,918 | €82,185 | -€9,733 | -10.6% |
| Amounts payable after more than one year | 17 | €47,954 | €38,947 | -€9,007 | -18.8% |
| Financial debts | 170/4 | €47,954 | €38,947 | -€9,007 | -18.8% |
| Amounts payable within one year | 42/48 | €42,952 | €41,538 | -€1,414 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €8,782 | €9,008 | +€226 | +2.6% |
| Trade debts | 44 | €4,732 | €1,607 | -€3,125 | -66.0% |
| Suppliers | 440/4 | €4,732 | €1,607 | -€3,125 | -66.0% |
| Taxes, remuneration and social security | 45 | €89 | €1,188 | +€1,099 | +1234.8% |
| Taxes | 450/3 | €89 | €1,188 | +€1,099 | +1234.8% |
| Other amounts payable | 47/48 | €29,349 | €29,735 | +€386 | +1.3% |
| Accrued charges and deferred income | 492/3 | €1,012 | €1,700 | +€688 | +68.0% |
| Non-recurring operating income | 76A | €4,604 | - | -€4,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,546 | €12,903 | +€357 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,930 | +€1,930 | |
| Other operating charges | 640/8 | €1,428 | €1,591 | +€163 | +11.4% |
| Gross operating margin | 9900 | €5,048 | €10,948 | +€5,900 | +116.9% |
| Operating profit (loss) | 9901 | -€8,926 | -€5,476 | +€3,450 | +38.7% |
| Financial income | 75/76B | €5,556 | €84 | -€5,472 | -98.5% |
| Recurring financial income | 75 | €5,556 | €84 | -€5,472 | -98.5% |
| Financial charges | 65/66B | €2,168 | €1,970 | -€198 | -9.1% |
| Recurring financial charges | 65 | €2,168 | €1,970 | -€198 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,538 | -€7,362 | -€1,824 | -32.9% |
| Profit (loss) for the period | 9904 | -€5,538 | -€7,362 | -€1,824 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,538 | -€7,362 | -€1,824 | -32.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.