QUALITY-IT: 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-IT
Largest movements
- Tangible fixed assets +€66,453
up €66,453 (+742%), from €8,953 to €75,405
of which Furniture and vehicles: +€66,876
- Cash +€18,575
up €18,575 (+13.7%), from €135,651 to €154,226
mainly Net result for the year (+€87,482) and Receivables within one year (+€14,180)
- Receivables within one year -€14,180
down €14,180 (-29.1%), from €48,803 to €34,624
of which Trade receivables: -€12,102
- Reserves +€87,482
up €87,482 (+30.9%), from €283,428 to €370,911
- Tax, wage and social debts -€10,894
down €10,894 (-41.2%), from €26,411 to €15,517
- Depreciation +€9,944
up €9,944 (+352%), from €2,826 to €12,770
- Taxes -€6,293
down €6,293 (-16.5%), from €38,149 to €31,856
- Gross operating margin -€5,289
down €5,289 (-3.9%), from €134,420 to €129,132
- Financial income +€4,203
up €4,203 (+1,343%), from €313 to €4,516
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 | €318,770 | €392,896 | +€74,126 | +23.3% |
| Fixed assets | 21/28 | €9,253 | €75,705 | +€66,453 | +718% |
| Tangible fixed assets | 22/27 | €8,953 | €75,405 | +€66,453 | +742% |
| Furniture and vehicles | 24 | €5,021 | €71,897 | +€66,876 | +1,332% |
| Other tangible fixed assets | 26 | €3,932 | €3,509 | -€423 | -10.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €309,517 | €317,191 | +€7,673 | +2.5% |
| Amounts receivable within one year | 40/41 | €48,803 | €34,624 | -€14,180 | -29.1% |
| Trade receivables | 40 | €46,421 | €34,319 | -€12,102 | -26.1% |
| Other amounts receivable | 41 | €2,382 | €305 | -€2,077 | -87.2% |
| Current investments | 50/53 | €124,048 | €127,118 | +€3,071 | +2.5% |
| Cash at bank and in hand | 54/58 | €135,651 | €154,226 | +€18,575 | +13.7% |
| Deferred charges and accrued income | 490/1 | €1,015 | €1,223 | +€208 | +20.5% |
| Total equity and liabilities | 10/49 | €318,770 | €392,896 | +€74,126 | +23.3% |
| Equity | 10/15 | €283,828 | €371,311 | +€87,482 | +30.8% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €283,428 | €370,911 | +€87,482 | +30.9% |
| Distributable reserves | 133 | €283,428 | €370,911 | +€87,482 | +30.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,942 | €21,586 | -€13,356 | -38.2% |
| Amounts payable within one year | 42/48 | €33,485 | €20,116 | -€13,369 | -39.9% |
| Trade debts | 44 | €2,454 | €783 | -€1,671 | -68.1% |
| Suppliers | 440/4 | €2,454 | €783 | -€1,671 | -68.1% |
| Taxes, remuneration and social security | 45 | €26,411 | €15,517 | -€10,894 | -41.2% |
| Taxes | 450/3 | €26,411 | €15,517 | -€10,894 | -41.2% |
| Other amounts payable | 47/48 | €4,620 | €3,816 | -€804 | -17.4% |
| Accrued charges and deferred income | 492/3 | €1,457 | €1,470 | +€12 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,826 | €12,770 | +€9,944 | +352% |
| Other operating charges | 640/8 | €1,841 | €991 | -€851 | -46.2% |
| Gross operating margin | 9900 | €134,420 | €129,132 | -€5,289 | -3.9% |
| Operating profit (loss) | 9901 | €129,753 | €115,371 | -€14,381 | -11.1% |
| Financial income | 75/76B | €313 | €4,516 | +€4,203 | +1,343% |
| Recurring financial income | 75 | €313 | €4,516 | +€4,203 | +1,343% |
| Financial charges | 65/66B | €73 | €548 | +€475 | +650% |
| Recurring financial charges | 65 | €73 | €548 | +€475 | +650% |
| Profit (loss) for the period before taxes | 9903 | €129,993 | €119,339 | -€10,654 | -8.2% |
| Income taxes | 67/77 | €38,149 | €31,856 | -€6,293 | -16.5% |
| Profit (loss) for the period | 9904 | €91,844 | €87,482 | -€4,361 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,844 | €87,482 | -€4,361 | -4.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.