QUALITY SERVICE: 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 SERVICE
Largest movements
- Tangible fixed assets -€17,178
down €17,178 (-3.9%), from €437,440 to €420,263
of which Land and buildings: -€19,100
- Other debts -€173,801
no longer reported in 2025 (was €173,801)
- Debts after one year +€163,574
new in 2025: €163,574
- Profit (loss) carried forward -€5,613
down €5,613 (-9.7%), from -€58,158 to -€63,771
- Gross operating margin -€1,609
down €1,609 (-8.9%), from €18,108 to €16,499
- Other operating charges +€694
up €694 (+11.1%), from €6,272 to €6,966
- Depreciation +€416
up €416 (+2.5%), from €16,762 to €17,178
- Taxes -€393
down €393 (-100%), from €393 to €0
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 | €440,843 | €423,968 | -€16,875 | -3.8% |
| Fixed assets | 21/28 | €437,540 | €420,362 | -€17,178 | -3.9% |
| Tangible fixed assets | 22/27 | €437,440 | €420,263 | -€17,178 | -3.9% |
| Land and buildings | 22 | €437,440 | €418,341 | -€19,100 | -4.4% |
| Plant, machinery and equipment | 23 | - | €1,922 | +€1,922 | |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €3,303 | €3,606 | +€303 | +9.2% |
| Cash at bank and in hand | 54/58 | €1,647 | €1,934 | +€287 | +17.4% |
| Deferred charges and accrued income | 490/1 | €1,656 | €1,672 | +€16 | +0.9% |
| Total equity and liabilities | 10/49 | €440,843 | €423,968 | -€16,875 | -3.8% |
| Equity | 10/15 | €266,436 | €258,723 | -€7,713 | -2.9% |
| Contributions | 10/11 | €81,000 | €81,000 | = | 0.0% |
| Capital | 10 | €81,000 | €81,000 | = | 0.0% |
| Issued capital | 100 | €81,000 | €81,000 | = | 0.0% |
| Reserves | 13 | €243,594 | €241,494 | -€2,100 | -0.9% |
| Non-distributable reserves | 130/1 | €8,100 | €8,100 | = | 0.0% |
| Legal reserve | 130 | €8,100 | €8,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,494 | €39,394 | -€2,100 | -5.1% |
| Distributable reserves | 133 | €194,000 | €194,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,158 | -€63,771 | -€5,613 | -9.7% |
| Amounts payable | 17/49 | €174,406 | €165,245 | -€9,161 | -5.3% |
| Amounts payable after more than one year | 17 | - | €163,574 | +€163,574 | |
| Other amounts payable | 178/9 | - | €163,574 | +€163,574 | |
| Amounts payable within one year | 42/48 | €174,406 | €1,671 | -€172,735 | -99.0% |
| Trade debts | 44 | €212 | €1,278 | +€1,066 | +502% |
| Suppliers | 440/4 | €212 | €1,278 | +€1,066 | +502% |
| Taxes, remuneration and social security | 45 | €393 | €393 | = | 0.0% |
| Taxes | 450/3 | €393 | €393 | = | 0.0% |
| Other amounts payable | 47/48 | €173,801 | - | -€173,801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,762 | €17,178 | +€416 | +2.5% |
| Other operating charges | 640/8 | €6,272 | €6,966 | +€694 | +11.1% |
| Gross operating margin | 9900 | €18,108 | €16,499 | -€1,609 | -8.9% |
| Operating profit (loss) | 9901 | -€4,926 | -€7,645 | -€2,719 | -55.2% |
| Financial charges | 65/66B | €65 | €68 | +€3 | +4.8% |
| Recurring financial charges | 65 | €65 | €68 | +€3 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,991 | -€7,713 | -€2,722 | -54.5% |
| Income taxes | 67/77 | €393 | €0 | -€393 | -100% |
| Profit (loss) for the period | 9904 | -€5,384 | -€7,713 | -€2,330 | -43.3% |
| Transfer from tax-exempt reserves | 789 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,284 | -€5,613 | -€2,330 | -70.9% |
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.