Quality Projects Services & Solutions: 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 Projects Services & Solutions
Largest movements
- Cash +€30,907
up €30,907 (+2633.1%), from €1,174 to €32,081
mainly Net result for the year (+€56,903) and Tax, wage and social debts (+€17,066)
- Receivables within one year -€10,295
down €10,295 (-6.7%), from €153,814 to €143,519
of which Trade receivables: -€11,117
- Tangible fixed assets +€5,906
up €5,906 (+1704.1%), from €347 to €6,253
- Deferred charges and accrued income +€2,265
up €2,265 (+60.0%), from €3,775 to €6,040
- Reserves +€57,070
up €57,070 (+213.2%), from €26,768 to €83,839
of which Distributable reserves: +€57,070
- Other debts -€34,467
down €34,467 (-31.7%), from €108,635 to €74,168
- Tax, wage and social debts +€17,066
up €17,066 (+162.0%), from €10,531 to €27,597
of which Taxes: +€12,796
- Trade debts -€10,553
down €10,553 (-73.9%), from €14,283 to €3,730
- Gross operating margin +€84,174
up €84,174 (+2382.0%), from €3,534 to €87,707
- Taxes +€24,485
up €24,485 (+1831.6%), from €1,337 to €25,822
- Financial charges +€1,675
up €1,675 (+144.2%), from €1,162 to €2,836
- Other operating charges +€1,078
up €1,078 (+209.9%), from €514 to €1,591
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 | €179,150 | €207,934 | +€28,784 | +16.1% |
| Fixed assets | 21/28 | €20,388 | €26,294 | +€5,906 | +29.0% |
| Tangible fixed assets | 22/27 | €347 | €6,253 | +€5,906 | +1704.1% |
| Furniture and vehicles | 24 | €347 | €6,253 | +€5,906 | +1704.1% |
| Financial fixed assets | 28 | €20,041 | €20,041 | = | 0.0% |
| Current assets | 29/58 | €158,762 | €181,640 | +€22,878 | +14.4% |
| Amounts receivable within one year | 40/41 | €153,814 | €143,519 | -€10,295 | -6.7% |
| Trade receivables | 40 | €105,236 | €94,119 | -€11,117 | -10.6% |
| Other amounts receivable | 41 | €48,578 | €49,400 | +€822 | +1.7% |
| Cash at bank and in hand | 54/58 | €1,174 | €32,081 | +€30,907 | +2633.1% |
| Deferred charges and accrued income | 490/1 | €3,775 | €6,040 | +€2,265 | +60.0% |
| Total equity and liabilities | 10/49 | €179,150 | €207,934 | +€28,784 | +16.1% |
| Equity | 10/15 | €45,536 | €102,439 | +€56,903 | +125.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,768 | €83,839 | +€57,070 | +213.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,908 | €81,979 | +€57,070 | +229.1% |
| Profit (loss) carried forward | 14 | €168 | - | -€168 | |
| Amounts payable | 17/49 | €133,614 | €105,495 | -€28,119 | -21.0% |
| Amounts payable within one year | 42/48 | €133,449 | €105,495 | -€27,954 | -20.9% |
| Trade debts | 44 | €14,283 | €3,730 | -€10,553 | -73.9% |
| Suppliers | 440/4 | €14,283 | €3,730 | -€10,553 | -73.9% |
| Taxes, remuneration and social security | 45 | €10,531 | €27,597 | +€17,066 | +162.0% |
| Taxes | 450/3 | €10,531 | €23,327 | +€12,796 | +121.5% |
| Remuneration and social security | 454/9 | - | €4,270 | +€4,270 | |
| Other amounts payable | 47/48 | €108,635 | €74,168 | -€34,467 | -31.7% |
| Accrued charges and deferred income | 492/3 | €165 | - | -€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €397 | +€39 | +11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €159 | +€159 | |
| Other operating charges | 640/8 | €514 | €1,591 | +€1,078 | +209.9% |
| Gross operating margin | 9900 | €3,534 | €87,707 | +€84,174 | +2382.0% |
| Operating profit (loss) | 9901 | €2,663 | €85,561 | +€82,898 | +3113.1% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.4% |
| Financial charges | 65/66B | €1,162 | €2,836 | +€1,675 | +144.2% |
| Recurring financial charges | 65 | €1,162 | €2,836 | +€1,675 | +144.2% |
| Profit (loss) for the period before taxes | 9903 | €1,504 | €82,725 | +€81,220 | +5398.8% |
| Income taxes | 67/77 | €1,337 | €25,822 | +€24,485 | +1831.6% |
| Profit (loss) for the period | 9904 | €168 | €56,903 | +€56,735 | +33853.6% |
| Profit (loss) for the period to be appropriated | 9905 | €168 | €56,903 | +€56,735 | +33853.6% |
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 7 October 2026 via checked.be.