QUALITY - SAN: 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 - SAN
Largest movements
- Receivables within one year -€2,297
down €2,297 (-71.4%), from €3,220 to €922
of which Trade receivables: -€1,733
- Stocks and contracts -€1,521
down €1,521 (-46.2%), from €3,290 to €1,769
- Cash +€1,360
up €1,360 (+28.1%), from €4,846 to €6,206
mainly Receivables within one year (+€2,297) and Stocks and contracts (+€1,521)
- Tangible fixed assets -€177
down €177 (-44.8%), from €395 to €218
of which Furniture and vehicles: -€177
- Trade debts -€2,475
down €2,475 (-72.0%), from €3,439 to €964
- Other debts -€1,606
down €1,606 (-54.5%), from €2,950 to €1,344
- Profit (loss) carried forward +€1,482
up €1,482 (+7.9%), from -€18,696 to -€17,214
- Gross operating margin +€12,953
up €12,953, from -€10,522 to €2,431
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 | €13,483 | €10,883 | -€2,600 | -19.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,379 | €1,202 | -€177 | -12.8% |
| Tangible fixed assets | 22/27 | €395 | €218 | -€177 | -44.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €395 | €218 | -€177 | -44.8% |
| Financial fixed assets | 28 | €984 | €984 | = | 0.0% |
| Current assets | 29/58 | €12,104 | €9,681 | -€2,423 | -20.0% |
| Stocks and contracts in progress | 3 | €3,290 | €1,769 | -€1,521 | -46.2% |
| Stocks | 30/36 | €3,290 | €1,769 | -€1,521 | -46.2% |
| Amounts receivable within one year | 40/41 | €3,220 | €922 | -€2,297 | -71.4% |
| Trade receivables | 40 | €1,733 | - | -€1,733 | |
| Other amounts receivable | 41 | €1,486 | €922 | -€564 | -37.9% |
| Cash at bank and in hand | 54/58 | €4,846 | €6,206 | +€1,360 | +28.1% |
| Deferred charges and accrued income | 490/1 | €748 | €783 | +€35 | +4.7% |
| Total equity and liabilities | 10/49 | €13,483 | €10,883 | -€2,600 | -19.3% |
| Equity | 10/15 | €7,094 | €8,575 | +€1,482 | +20.9% |
| Contributions | 10/11 | €10,187 | €10,187 | = | 0.0% |
| Reserves | 13 | €15,603 | €15,603 | = | 0.0% |
| Distributable reserves | 133 | €15,603 | €15,603 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,696 | -€17,214 | +€1,482 | +7.9% |
| Amounts payable | 17/49 | €6,389 | €2,307 | -€4,082 | -63.9% |
| Amounts payable within one year | 42/48 | €6,389 | €2,307 | -€4,082 | -63.9% |
| Trade debts | 44 | €3,439 | €964 | -€2,475 | -72.0% |
| Suppliers | 440/4 | €3,439 | €964 | -€2,475 | -72.0% |
| Other amounts payable | 47/48 | €2,950 | €1,344 | -€1,606 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €177 | +€41 | +30.5% |
| Other operating charges | 640/8 | €667 | €692 | +€25 | +3.8% |
| Gross operating margin | 9900 | -€10,522 | €2,431 | +€12,953 | |
| Operating profit (loss) | 9901 | -€11,325 | €1,562 | +€12,887 | |
| Financial charges | 65/66B | €83 | €80 | -€3 | -3.3% |
| Recurring financial charges | 65 | €83 | €80 | -€3 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,408 | €1,482 | +€12,890 | |
| Profit (loss) for the period | 9904 | -€11,408 | €1,482 | +€12,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,408 | €1,482 | +€12,890 |
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 17 October 2026 via checked.be.