Quality Management & Consulting: 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 Management & Consulting
Largest movements
- Current investments -€745,946
down €745,946 (-93.7%), from €795,909 to €49,963
- Financial fixed assets +€549,208
new in 2025: €549,208
- Cash +€28,221
up €28,221 (+318%), from €8,888 to €37,109
mainly Current investments (+€745,946) and Other debts (+€52,645)
- Receivables within one year +€12,489
up €12,489 (+501%), from €2,495 to €14,984
of which Trade receivables: +€9,350
- Reserves -€235,797
down €235,797 (-80.5%), from €292,899 to €57,102
of which Distributable reserves: -€233,937
- Other debts +€52,645
up €52,645 (+25.0%), from €210,759 to €263,405
- Trade debts +€29,058
up €29,058 (+9.4%), from €307,878 to €336,936
- Gross operating margin +€37,206
up €37,206 (+383%), from €9,708 to €46,914
- Financial income -€34,331
down €34,331 (-84.0%), from €40,857 to €6,525
- Financial charges -€9,436
down €9,436 (-53.5%), from €17,649 to €8,213
- Taxes +€1,670
up €1,670 (+18.1%), from €9,252 to €10,922
- Other operating charges +€797
up €797 (+206%), from €387 to €1,184
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 | €827,305 | €668,235 | -€159,070 | -19.2% |
| Fixed assets | 21/28 | €20,013 | €564,267 | +€544,254 | +2,720% |
| Tangible fixed assets | 22/27 | €20,013 | €15,059 | -€4,953 | -24.8% |
| Furniture and vehicles | 24 | €3,732 | €1,429 | -€2,303 | -61.7% |
| Other tangible fixed assets | 26 | €16,281 | €13,631 | -€2,650 | -16.3% |
| Financial fixed assets | 28 | - | €549,208 | +€549,208 | |
| Current assets | 29/58 | €807,292 | €103,968 | -€703,324 | -87.1% |
| Amounts receivable within one year | 40/41 | €2,495 | €14,984 | +€12,489 | +501% |
| Trade receivables | 40 | €1,814 | €11,164 | +€9,350 | +515% |
| Other amounts receivable | 41 | €681 | €3,820 | +€3,139 | +461% |
| Current investments | 50/53 | €795,909 | €49,963 | -€745,946 | -93.7% |
| Cash at bank and in hand | 54/58 | €8,888 | €37,109 | +€28,221 | +318% |
| Deferred charges and accrued income | 490/1 | - | €1,913 | +€1,913 | |
| Total equity and liabilities | 10/49 | €827,305 | €668,235 | -€159,070 | -19.2% |
| Equity | 10/15 | €299,099 | €63,302 | -€235,797 | -78.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €292,899 | €57,102 | -€235,797 | -80.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €291,039 | €57,102 | -€233,937 | -80.4% |
| Amounts payable | 17/49 | €528,206 | €604,933 | +€76,727 | +14.5% |
| Amounts payable within one year | 42/48 | €526,399 | €604,933 | +€78,534 | +14.9% |
| Financial debts | 43 | €4,089 | - | -€4,089 | |
| Other loans | 439 | €4,089 | - | -€4,089 | |
| Trade debts | 44 | €307,878 | €336,936 | +€29,058 | +9.4% |
| Suppliers | 440/4 | €307,878 | €336,936 | +€29,058 | +9.4% |
| Taxes, remuneration and social security | 45 | €3,673 | €4,592 | +€919 | +25.0% |
| Taxes | 450/3 | €3,673 | €4,592 | +€919 | +25.0% |
| Other amounts payable | 47/48 | €210,759 | €263,405 | +€52,645 | +25.0% |
| Accrued charges and deferred income | 492/3 | €1,807 | - | -€1,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,220 | €5,512 | -€708 | -11.4% |
| Other operating charges | 640/8 | €387 | €1,184 | +€797 | +206% |
| Gross operating margin | 9900 | €9,708 | €46,914 | +€37,206 | +383% |
| Operating profit (loss) | 9901 | €3,101 | €40,217 | +€37,117 | +1,197% |
| Financial income | 75/76B | €40,857 | €6,525 | -€34,331 | -84.0% |
| Recurring financial income | 75 | €40,857 | €6,525 | -€34,331 | -84.0% |
| Financial charges | 65/66B | €17,649 | €8,213 | -€9,436 | -53.5% |
| Recurring financial charges | 65 | €17,649 | €8,213 | -€9,436 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €26,308 | €38,530 | +€12,222 | +46.5% |
| Income taxes | 67/77 | €9,252 | €10,922 | +€1,670 | +18.1% |
| Profit (loss) for the period | 9904 | €17,056 | €27,608 | +€10,552 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,056 | €27,608 | +€10,552 | +61.9% |
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 19 October 2026 via checked.be.