Quality Technics: 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 Technics
Largest movements
- Cash -€43,409
down €43,409 (-31.2%), from €138,957 to €95,548
mainly Net result for the year (-€38,197) and Investment in fixed assets (net) (-€33,247)
- Tangible fixed assets -€13,747
down €13,747 (-2.9%), from €468,684 to €454,937
of which Land and buildings: -€39,012
- Profit (loss) carried forward -€38,197
down €38,197, from €29 to -€38,167
- Debts after one year -€20,000
down €20,000 (-5.6%), from €358,710 to €338,710
- Other debts +€8,130
up €8,130 (+25.4%), from €31,993 to €40,123
- Gross operating margin -€41,123
down €41,123 (-58.9%), from €69,792 to €28,668
- Depreciation +€17,039
up €17,039 (+56.9%), from €29,956 to €46,995
- Financial charges +€10,665
up €10,665 (+346%), from €3,083 to €13,748
- Taxes -€6,313
down €6,313 (-63.1%), from €10,000 to €3,686
- Other operating charges +€1,719
up €1,719 (+117%), from €1,468 to €3,187
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 | €691,750 | €634,822 | -€56,928 | -8.2% |
| Fixed assets | 21/28 | €468,685 | €454,938 | -€13,748 | -2.9% |
| Intangible fixed assets | 21 | €1 | €0 | -€1 | -70.9% |
| Tangible fixed assets | 22/27 | €468,684 | €454,937 | -€13,747 | -2.9% |
| Land and buildings | 22 | €455,082 | €416,069 | -€39,012 | -8.6% |
| Plant, machinery and equipment | 23 | €7,738 | €7,674 | -€64 | -0.8% |
| Furniture and vehicles | 24 | €5,864 | €31,194 | +€25,329 | +432% |
| Current assets | 29/58 | €223,065 | €179,884 | -€43,181 | -19.4% |
| Stocks and contracts in progress | 3 | €5,571 | €5,571 | = | 0.0% |
| Stocks | 30/36 | €5,571 | €5,571 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,538 | €67,294 | +€4,757 | +7.6% |
| Trade receivables | 40 | €52,669 | €49,094 | -€3,574 | -6.8% |
| Other amounts receivable | 41 | €9,869 | €18,200 | +€8,331 | +84.4% |
| Cash at bank and in hand | 54/58 | €138,957 | €95,548 | -€43,409 | -31.2% |
| Deferred charges and accrued income | 490/1 | €15,999 | €11,471 | -€4,528 | -28.3% |
| Total equity and liabilities | 10/49 | €691,750 | €634,822 | -€56,928 | -8.2% |
| Equity | 10/15 | €264,670 | €226,473 | -€38,197 | -14.4% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Contributions outside capital | 11 | €17,000 | €17,000 | = | 0.0% |
| Other | 1109/19 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €247,641 | €247,641 | = | 0.0% |
| Distributable reserves | 133 | €247,641 | €247,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29 | -€38,167 | -€38,197 | |
| Amounts payable | 17/49 | €427,080 | €408,348 | -€18,732 | -4.4% |
| Amounts payable after more than one year | 17 | €358,710 | €338,710 | -€20,000 | -5.6% |
| Financial debts | 170/4 | €358,710 | €338,710 | -€20,000 | -5.6% |
| Amounts payable within one year | 42/48 | €66,201 | €69,639 | +€3,438 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €19,290 | €20,000 | +€710 | +3.7% |
| Trade debts | 44 | €10,103 | €9,516 | -€587 | -5.8% |
| Suppliers | 440/4 | €10,103 | €9,516 | -€587 | -5.8% |
| Taxes, remuneration and social security | 45 | €4,815 | - | -€4,815 | |
| Taxes | 450/3 | €4,815 | - | -€4,815 | |
| Other amounts payable | 47/48 | €31,993 | €40,123 | +€8,130 | +25.4% |
| Accrued charges and deferred income | 492/3 | €2,169 | - | -€2,169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,956 | €46,995 | +€17,039 | +56.9% |
| Other operating charges | 640/8 | €1,468 | €3,187 | +€1,719 | +117% |
| Gross operating margin | 9900 | €69,792 | €28,668 | -€41,123 | -58.9% |
| Operating profit (loss) | 9901 | €38,367 | -€21,514 | -€59,881 | |
| Financial income | 75/76B | €1,245 | €751 | -€494 | -39.7% |
| Recurring financial income | 75 | €1,245 | €751 | -€494 | -39.7% |
| Financial charges | 65/66B | €3,083 | €13,748 | +€10,665 | +346% |
| Recurring financial charges | 65 | €3,083 | €13,748 | +€10,665 | +346% |
| Profit (loss) for the period before taxes | 9903 | €36,529 | -€34,510 | -€71,039 | |
| Income taxes | 67/77 | €10,000 | €3,686 | -€6,313 | -63.1% |
| Profit (loss) for the period | 9904 | €26,529 | -€38,197 | -€64,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,529 | -€38,197 | -€64,726 |
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 18 October 2026 via checked.be.