QUALITY MANAGEMENT SERVICES: 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 MANAGEMENT SERVICES
Largest movements
- Tangible fixed assets -€25,948
down €25,948 (-62.3%), from €41,642 to €15,694
of which Furniture and vehicles: -€19,571
- Cash -€9,302
down €9,302 (-25.4%), from €36,560 to €27,258
mainly Net result for the year (-€23,362) and Other debts (-€12,689)
- Stocks and contracts -€1,034
down €1,034 (-67.8%), from €1,525 to €491
- Deferred charges and accrued income -€909
down €909 (-40.5%), from €2,243 to €1,334
- Profit (loss) carried forward -€23,362
down €23,362 (-85.5%), from €27,314 to €3,952
- Other debts -€12,689
down €12,689 (-56.2%), from €22,570 to €9,881
- Tax, wage and social debts -€1,698
down €1,698 (-72.4%), from €2,346 to €649
- Gross operating margin +€12,857
up €12,857, from -€8,449 to €4,408
- Depreciation -€3,755
down €3,755 (-12.6%), from €29,703 to €25,948
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 | €83,005 | €45,096 | -€37,909 | -45.7% |
| Fixed assets | 21/28 | €41,642 | €15,694 | -€25,948 | -62.3% |
| Tangible fixed assets | 22/27 | €41,642 | €15,694 | -€25,948 | -62.3% |
| Plant, machinery and equipment | 23 | €13,306 | €6,930 | -€6,376 | -47.9% |
| Furniture and vehicles | 24 | €28,336 | €8,764 | -€19,571 | -69.1% |
| Current assets | 29/58 | €41,363 | €29,401 | -€11,961 | -28.9% |
| Stocks and contracts in progress | 3 | €1,525 | €491 | -€1,034 | -67.8% |
| Stocks | 30/36 | €1,525 | €491 | -€1,034 | -67.8% |
| Amounts receivable within one year | 40/41 | €1,035 | €319 | -€716 | -69.2% |
| Trade receivables | 40 | €919 | €319 | -€600 | -65.3% |
| Other amounts receivable | 41 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €36,560 | €27,258 | -€9,302 | -25.4% |
| Deferred charges and accrued income | 490/1 | €2,243 | €1,334 | -€909 | -40.5% |
| Total equity and liabilities | 10/49 | €83,005 | €45,096 | -€37,909 | -45.7% |
| Equity | 10/15 | €56,891 | €33,529 | -€23,362 | -41.1% |
| Contributions | 10/11 | €24,950 | €24,950 | = | 0.0% |
| Reserves | 13 | €4,627 | €4,627 | = | 0.0% |
| Distributable reserves | 133 | €4,627 | €4,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,314 | €3,952 | -€23,362 | -85.5% |
| Amounts payable | 17/49 | €26,114 | €11,567 | -€14,547 | -55.7% |
| Amounts payable within one year | 42/48 | €26,114 | €11,567 | -€14,547 | -55.7% |
| Trade debts | 44 | €1,197 | €1,037 | -€160 | -13.4% |
| Suppliers | 440/4 | €1,197 | €1,037 | -€160 | -13.4% |
| Taxes, remuneration and social security | 45 | €2,346 | €649 | -€1,698 | -72.4% |
| Taxes | 450/3 | €2,346 | €649 | -€1,698 | -72.4% |
| Other amounts payable | 47/48 | €22,570 | €9,881 | -€12,689 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,703 | €25,948 | -€3,755 | -12.6% |
| Other operating charges | 640/8 | €1,566 | €1,508 | -€58 | -3.7% |
| Gross operating margin | 9900 | -€8,449 | €4,408 | +€12,857 | |
| Operating profit (loss) | 9901 | -€39,717 | -€23,047 | +€16,670 | +42.0% |
| Financial income | 75/76B | €79 | €127 | +€48 | +61.4% |
| Recurring financial income | 75 | €79 | €127 | +€48 | +61.4% |
| Financial charges | 65/66B | €111 | €189 | +€78 | +70.8% |
| Recurring financial charges | 65 | €111 | €189 | +€78 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | -€39,750 | -€23,109 | +€16,640 | +41.9% |
| Income taxes | 67/77 | €276 | €252 | -€24 | -8.6% |
| Profit (loss) for the period | 9904 | -€40,026 | -€23,362 | +€16,664 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,026 | -€23,362 | +€16,664 | +41.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.