QUALITY TRANSPORT SERVICES: 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 TRANSPORT SERVICES
Largest movements
- Receivables within one year -€39,967
down €39,967 (-46.7%), from €85,527 to €45,560
of which Other amounts receivable: -€32,455
- Tangible fixed assets +€20,752
up €20,752 (+67.6%), from €30,701 to €51,453
of which Furniture and vehicles: +€18,139
- Cash +€15,283
up €15,283 (+9.5%), from €160,647 to €175,930
mainly Net result for the year (+€45,816) and Receivables within one year (+€39,967)
- Deferred charges and accrued income +€8,348
up €8,348 (+227%), from €3,677 to €12,026
- Stocks and contracts -€6,655
down €6,655 (-100%), from €6,655 to €0
- Profit (loss) carried forward -€31,500
down €31,500 (-100%), from €31,500 to €0
- Reserves +€29,905
up €29,905 (+13.3%), from €225,143 to €255,048
of which Distributable reserves: +€29,905
- Gross operating margin -€10,058
down €10,058 (-10.5%), from €96,200 to €86,141
- Depreciation -€1,346
down €1,346 (-11.5%), from €11,750 to €10,405
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 | €287,209 | €284,969 | -€2,240 | -0.8% |
| Fixed assets | 21/28 | €30,701 | €51,453 | +€20,752 | +67.6% |
| Tangible fixed assets | 22/27 | €30,701 | €51,453 | +€20,752 | +67.6% |
| Furniture and vehicles | 24 | €20,845 | €38,984 | +€18,139 | +87.0% |
| Other tangible fixed assets | 26 | €9,856 | €12,470 | +€2,613 | +26.5% |
| Current assets | 29/58 | €256,507 | €233,515 | -€22,992 | -9.0% |
| Stocks and contracts in progress | 3 | €6,655 | €0 | -€6,655 | -100% |
| Stocks | 30/36 | €6,655 | €0 | -€6,655 | -100% |
| Amounts receivable within one year | 40/41 | €85,527 | €45,560 | -€39,967 | -46.7% |
| Trade receivables | 40 | €12,419 | €4,907 | -€7,513 | -60.5% |
| Other amounts receivable | 41 | €73,108 | €40,653 | -€32,455 | -44.4% |
| Cash at bank and in hand | 54/58 | €160,647 | €175,930 | +€15,283 | +9.5% |
| Deferred charges and accrued income | 490/1 | €3,677 | €12,026 | +€8,348 | +227% |
| Total equity and liabilities | 10/49 | €287,209 | €284,969 | -€2,240 | -0.8% |
| Equity | 10/15 | €262,843 | €261,248 | -€1,595 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €225,143 | €255,048 | +€29,905 | +13.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €223,284 | €253,189 | +€29,905 | +13.4% |
| Profit (loss) carried forward | 14 | €31,500 | €0 | -€31,500 | -100% |
| Amounts payable | 17/49 | €24,366 | €23,720 | -€645 | -2.6% |
| Amounts payable within one year | 42/48 | €23,901 | €23,420 | -€481 | -2.0% |
| Trade debts | 44 | €12,128 | €12,104 | -€24 | -0.2% |
| Suppliers | 440/4 | €12,128 | €12,104 | -€24 | -0.2% |
| Taxes, remuneration and social security | 45 | €11,773 | €11,316 | -€457 | -3.9% |
| Taxes | 450/3 | €11,773 | €11,316 | -€457 | -3.9% |
| Accrued charges and deferred income | 492/3 | €464 | €300 | -€165 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,750 | €10,405 | -€1,346 | -11.5% |
| Other operating charges | 640/8 | €1,513 | €1,041 | -€472 | -31.2% |
| Gross operating margin | 9900 | €96,200 | €86,141 | -€10,058 | -10.5% |
| Operating profit (loss) | 9901 | €82,937 | €74,696 | -€8,240 | -9.9% |
| Financial income | 75/76B | €2,986 | €2,832 | -€154 | -5.2% |
| Recurring financial income | 75 | €2,986 | €2,832 | -€154 | -5.2% |
| Financial charges | 65/66B | €1,239 | €396 | -€843 | -68.0% |
| Recurring financial charges | 65 | €1,239 | €396 | -€843 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €84,684 | €77,132 | -€7,552 | -8.9% |
| Income taxes | 67/77 | €31,773 | €31,316 | -€457 | -1.4% |
| Profit (loss) for the period | 9904 | €52,911 | €45,816 | -€7,095 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,911 | €45,816 | -€7,095 | -13.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.