QUALITY TOOLS COMPANY: 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 TOOLS COMPANY
Largest movements
- Cash -€215,894
down €215,894 (-27.4%), from €788,709 to €572,816
mainly Contributions, distributions and other (-€617,500) and Receivables within one year (-€91,883)
- Receivables within one year +€91,883
up €91,883 (+125%), from €73,317 to €165,200
of which Trade receivables: +€98,650
- Profit (loss) carried forward -€127,672
down €127,672 (-5.5%), from €2.3m to €2.2m
- Gross operating margin +€102,150
up €102,150 (+44.9%), from €227,650 to €329,799
- Financial income +€39,056
up €39,056 (+18.0%), from €216,968 to €256,024
of which Financial income: +€50,000
- Taxes +€25,627
up €25,627 (+52.3%), from €48,973 to €74,600
- Financial charges -€10,654
down €10,654 (-34.5%), from €30,923 to €20,268
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 | €2,988,588 | €2,864,015 | -€124,573 | -4.2% |
| Fixed assets | 21/28 | €2,125,800 | €2,125,800 | = | 0.0% |
| Financial fixed assets | 28 | €2,125,800 | €2,125,800 | = | 0.0% |
| Current assets | 29/58 | €862,788 | €738,215 | -€124,573 | -14.4% |
| Amounts receivable within one year | 40/41 | €73,317 | €165,200 | +€91,883 | +125% |
| Trade receivables | 40 | €66,550 | €165,200 | +€98,650 | +148% |
| Other amounts receivable | 41 | €6,767 | - | -€6,767 | |
| Cash at bank and in hand | 54/58 | €788,709 | €572,816 | -€215,894 | -27.4% |
| Deferred charges and accrued income | 490/1 | €762 | €200 | -€562 | -73.8% |
| Total equity and liabilities | 10/49 | €2,988,588 | €2,864,015 | -€124,573 | -4.2% |
| Equity | 10/15 | €2,609,119 | €2,481,448 | -€127,672 | -4.9% |
| Contributions | 10/11 | €270,800 | €270,800 | = | 0.0% |
| Reserves | 13 | €29,293 | €29,293 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,080 | €27,080 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,080 | €27,080 | = | 0.0% |
| Distributable reserves | 133 | €2,213 | €2,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,309,026 | €2,181,354 | -€127,672 | -5.5% |
| Amounts payable | 17/49 | €379,469 | €382,568 | +€3,099 | +0.8% |
| Amounts payable after more than one year | 17 | €285,000 | €285,000 | = | 0.0% |
| Other amounts payable | 178/9 | €285,000 | €285,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €94,469 | €97,568 | +€3,099 | +3.3% |
| Trade debts | 44 | €25,772 | €21,370 | -€4,402 | -17.1% |
| Suppliers | 440/4 | €25,772 | €21,370 | -€4,402 | -17.1% |
| Taxes, remuneration and social security | 45 | €21,369 | €35,726 | +€14,356 | +67.2% |
| Taxes | 450/3 | €21,369 | €35,726 | +€14,356 | +67.2% |
| Other amounts payable | 47/48 | €47,328 | €40,472 | -€6,855 | -14.5% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €227,650 | €329,799 | +€102,150 | +44.9% |
| Operating profit (loss) | 9901 | €226,556 | €328,673 | +€102,117 | +45.1% |
| Financial income | 75/76B | €216,968 | €256,024 | +€39,056 | +18.0% |
| Recurring financial income | 75 | €199,500 | €249,500 | +€50,000 | +25.1% |
| Non-recurring financial income | 76B | €17,468 | €6,524 | -€10,944 | -62.7% |
| Financial charges | 65/66B | €30,923 | €20,268 | -€10,654 | -34.5% |
| Recurring financial charges | 65 | €30,923 | €20,268 | -€10,654 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €412,601 | €564,429 | +€151,827 | +36.8% |
| Income taxes | 67/77 | €48,973 | €74,600 | +€25,627 | +52.3% |
| Profit (loss) for the period | 9904 | €363,628 | €489,828 | +€126,200 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €363,628 | €489,828 | +€126,200 | +34.7% |
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 1 November 2026 via checked.be.