Quality Inspection 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 Inspection Services
Largest movements
- Receivables within one year +€137,479
up €137,479 (+18.5%), from €742,565 to €880,044
of which Trade receivables: +€150,035
- Deferred charges and accrued income +€43,456
up €43,456 (+26.4%), from €164,313 to €207,769
- Cash -€39,186
down €39,186 (-30.5%), from €128,424 to €89,238
mainly Receivables within one year (-€137,479) and Investment in fixed assets (net) (-€57,272)
- Tangible fixed assets +€23,923
up €23,923 (+176%), from €13,629 to €37,552
of which Plant, machinery and equipment: +€24,452
- Financial fixed assets +€20,406
up €20,406 (+3.6%), from €562,840 to €583,247
- Reserves +€110,611
up €110,611 (+20.1%), from €550,460 to €661,071
of which Distributable reserves: +€112,471
- Tax, wage and social debts +€75,822
up €75,822 (+33.3%), from €227,456 to €303,277
of which Remuneration and social security: +€42,280
- Other debts -€49,281
down €49,281 (-6.3%), from €777,227 to €727,947
- Trade debts +€48,926
up €48,926 (+111%), from €44,229 to €93,155
- Gross operating margin +€433,396
up €433,396 (+32.2%), from €1.3m to €1.8m
- Staff costs +€220,538
up €220,538 (+15.9%), from €1.4m to €1.6m
- Taxes +€46,967
up €46,967, from -€1,046 to €45,921
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 | €1,611,771 | €1,797,850 | +€186,078 | +11.5% |
| Fixed assets | 21/28 | €576,469 | €620,798 | +€44,329 | +7.7% |
| Tangible fixed assets | 22/27 | €13,629 | €37,552 | +€23,923 | +176% |
| Plant, machinery and equipment | 23 | €13,100 | €37,552 | +€24,452 | +187% |
| Other tangible fixed assets | 26 | €529 | €0 | -€529 | -100% |
| Financial fixed assets | 28 | €562,840 | €583,247 | +€20,406 | +3.6% |
| Current assets | 29/58 | €1,035,302 | €1,177,051 | +€141,749 | +13.7% |
| Amounts receivable within one year | 40/41 | €742,565 | €880,044 | +€137,479 | +18.5% |
| Trade receivables | 40 | €713,773 | €863,807 | +€150,035 | +21.0% |
| Other amounts receivable | 41 | €28,792 | €16,236 | -€12,556 | -43.6% |
| Cash at bank and in hand | 54/58 | €128,424 | €89,238 | -€39,186 | -30.5% |
| Deferred charges and accrued income | 490/1 | €164,313 | €207,769 | +€43,456 | +26.4% |
| Total equity and liabilities | 10/49 | €1,611,771 | €1,797,850 | +€186,078 | +11.5% |
| Equity | 10/15 | €562,860 | €673,471 | +€110,611 | +19.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €550,460 | €661,071 | +€110,611 | +20.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €548,600 | €661,071 | +€112,471 | +20.5% |
| Amounts payable | 17/49 | €1,048,912 | €1,124,379 | +€75,467 | +7.2% |
| Amounts payable within one year | 42/48 | €1,048,912 | €1,124,379 | +€75,467 | +7.2% |
| Trade debts | 44 | €44,229 | €93,155 | +€48,926 | +111% |
| Suppliers | 440/4 | €44,229 | €93,155 | +€48,926 | +111% |
| Taxes, remuneration and social security | 45 | €227,456 | €303,277 | +€75,822 | +33.3% |
| Taxes | 450/3 | €32,409 | €65,951 | +€33,542 | +103% |
| Remuneration and social security | 454/9 | €195,046 | €237,326 | +€42,280 | +21.7% |
| Other amounts payable | 47/48 | €777,227 | €727,947 | -€49,281 | -6.3% |
| Remuneration, social security and pensions | 62 | €1,388,701 | €1,609,239 | +€220,538 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,089 | €12,943 | -€6,146 | -32.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,899 | €15,135 | +€12,236 | +422% |
| Other operating charges | 640/8 | €1,448 | €9,354 | +€7,906 | +546% |
| Gross operating margin | 9900 | €1,347,594 | €1,780,989 | +€433,396 | +32.2% |
| Operating profit (loss) | 9901 | -€64,543 | €134,318 | +€198,861 | |
| Financial income | 75/76B | €26,025 | €26,832 | +€807 | +3.1% |
| Recurring financial income | 75 | €26,025 | €26,832 | +€807 | +3.1% |
| Financial charges | 65/66B | €6,107 | €4,618 | -€1,490 | -24.4% |
| Recurring financial charges | 65 | €6,107 | €4,618 | -€1,490 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,626 | €156,533 | +€201,158 | |
| Income taxes | 67/77 | -€1,046 | €45,921 | +€46,967 | |
| Profit (loss) for the period | 9904 | -€43,580 | €110,611 | +€154,191 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,580 | €110,611 | +€154,191 |
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 25 October 2026 via checked.be.