QUALITY SEED: 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 SEED
Largest movements
- Current investments +€32,500
new in 2025: €32,500
- Receivables within one year -€4,866
down €4,866 (-17.8%), from €27,261 to €22,395
of which Other amounts receivable: -€2,438
- Tangible fixed assets -€2,845
down €2,845 (-42.5%), from €6,697 to €3,852
- Intangible fixed assets -€1,900
down €1,900 (-2.2%), from €88,129 to €86,229
- Debts after one year +€22,205
up €22,205 (+99.4%), from €22,346 to €44,551
- Other debts -€11,473
down €11,473 (-15.2%), from €75,640 to €64,167
- Current portion of long-term debt +€7,318
up €7,318 (+112.0%), from €6,533 to €13,851
- Tax, wage and social debts +€6,392
up €6,392 (+844.3%), from €757 to €7,149
of which Remuneration and social security: +€4,500
- Profit (loss) carried forward -€5,235
down €5,235 (-38.9%), from -€13,456 to -€18,691
- Gross operating margin +€8,923
up €8,923 (+909.6%), from €981 to €9,904
- Other operating charges +€294
up €294 (+35.7%), from €822 to €1,116
- Financial charges +€288
up €288 (+8.0%), from €3,577 to €3,865
- Depreciation -€225
down €225 (-2.2%), from €10,071 to €9,846
- Taxes +€153
up €153 (+93.2%), from €164 to €317
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 | €125,275 | €147,812 | +€22,537 | +18.0% |
| Fixed assets | 21/28 | €94,881 | €90,136 | -€4,745 | -5.0% |
| Intangible fixed assets | 21 | €88,129 | €86,229 | -€1,900 | -2.2% |
| Tangible fixed assets | 22/27 | €6,697 | €3,852 | -€2,845 | -42.5% |
| Furniture and vehicles | 24 | €6,697 | €3,852 | -€2,845 | -42.5% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €30,394 | €57,676 | +€27,282 | +89.8% |
| Amounts receivable within one year | 40/41 | €27,261 | €22,395 | -€4,866 | -17.8% |
| Trade receivables | 40 | €24,823 | €22,395 | -€2,428 | -9.8% |
| Other amounts receivable | 41 | €2,438 | - | -€2,438 | |
| Current investments | 50/53 | - | €32,500 | +€32,500 | |
| Cash at bank and in hand | 54/58 | €2,831 | €2,676 | -€155 | -5.5% |
| Deferred charges and accrued income | 490/1 | €302 | €105 | -€197 | -65.4% |
| Total equity and liabilities | 10/49 | €125,275 | €147,812 | +€22,537 | +18.0% |
| Equity | 10/15 | -€8,456 | -€13,691 | -€5,235 | -61.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,456 | -€18,691 | -€5,235 | -38.9% |
| Amounts payable | 17/49 | €133,731 | €161,503 | +€27,772 | +20.8% |
| Amounts payable after more than one year | 17 | €22,346 | €44,551 | +€22,205 | +99.4% |
| Financial debts | 170/4 | €22,346 | €44,551 | +€22,205 | +99.4% |
| Amounts payable within one year | 42/48 | €111,385 | €116,452 | +€5,067 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €6,533 | €13,851 | +€7,318 | +112.0% |
| Trade debts | 44 | €28,455 | €31,285 | +€2,830 | +9.9% |
| Suppliers | 440/4 | €28,455 | €31,285 | +€2,830 | +9.9% |
| Taxes, remuneration and social security | 45 | €757 | €7,149 | +€6,392 | +844.3% |
| Taxes | 450/3 | €757 | €2,649 | +€1,892 | +249.9% |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €75,640 | €64,167 | -€11,473 | -15.2% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,071 | €9,846 | -€225 | -2.2% |
| Other operating charges | 640/8 | €822 | €1,116 | +€294 | +35.7% |
| Gross operating margin | 9900 | €981 | €9,904 | +€8,923 | +909.6% |
| Operating profit (loss) | 9901 | -€9,912 | -€1,057 | +€8,855 | +89.3% |
| Financial income | 75/76B | €18 | €4 | -€14 | -77.5% |
| Recurring financial income | 75 | €18 | €4 | -€14 | -77.5% |
| Financial charges | 65/66B | €3,577 | €3,865 | +€288 | +8.0% |
| Recurring financial charges | 65 | €3,577 | €3,865 | +€288 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,471 | -€4,918 | +€8,553 | +63.5% |
| Income taxes | 67/77 | €164 | €317 | +€153 | +93.2% |
| Profit (loss) for the period | 9904 | -€13,635 | -€5,235 | +€8,400 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,635 | -€5,235 | +€8,400 | +61.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.