QUALITY WASTE: 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 WASTE
Largest movements
- Receivables within one year -€33,407
down €33,407 (-25.1%), from €132,941 to €99,534
of which Trade receivables: -€33,753
- Receivables after one year -€30,067
down €30,067 (-16.9%), from €178,044 to €147,977
- Tangible fixed assets -€17,633
down €17,633 (-30.6%), from €57,660 to €40,027
of which Leasing and similar rights: -€16,364
- Other debts -€49,963
down €49,963 (-39.4%), from €126,956 to €76,994
- Trade debts -€27,666
down €27,666 (-100%), from €27,666 to €0
- Debts after one year -€13,980
down €13,980 (-40.7%), from €34,353 to €20,373
- Reserves +€9,206
up €9,206 (+6.3%), from €146,797 to €156,003
- Gross operating margin -€26,677
down €26,677 (-43.4%), from €61,516 to €34,838
- Other operating charges -€15,834
down €15,834 (-81.7%), from €19,376 to €3,542
- Financial charges -€10,339
down €10,339 (-73.6%), from €14,048 to €3,709
- Financial income -€5,070
down €5,070 (-59.8%), from €8,472 to €3,402
- Taxes -€1,973
down €1,973 (-32.2%), from €6,123 to €4,150
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 | €372,236 | €290,874 | -€81,362 | -21.9% |
| Fixed assets | 21/28 | €57,660 | €40,027 | -€17,633 | -30.6% |
| Tangible fixed assets | 22/27 | €57,660 | €40,027 | -€17,633 | -30.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Leasing and similar rights | 25 | €52,902 | €36,538 | -€16,364 | -30.9% |
| Other tangible fixed assets | 26 | €4,758 | €3,489 | -€1,269 | -26.7% |
| Current assets | 29/58 | €314,576 | €250,847 | -€63,729 | -20.3% |
| Amounts receivable after more than one year | 29 | €178,044 | €147,977 | -€30,067 | -16.9% |
| Other amounts receivable | 291 | €178,044 | €147,977 | -€30,067 | -16.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €132,941 | €99,534 | -€33,407 | -25.1% |
| Trade receivables | 40 | €132,437 | €98,683 | -€33,753 | -25.5% |
| Other amounts receivable | 41 | €504 | €850 | +€346 | +68.7% |
| Cash at bank and in hand | 54/58 | €1,873 | €2,248 | +€374 | +20.0% |
| Deferred charges and accrued income | 490/1 | €1,718 | €1,089 | -€630 | -36.6% |
| Total equity and liabilities | 10/49 | €372,236 | €290,874 | -€81,362 | -21.9% |
| Equity | 10/15 | €165,397 | €174,603 | +€9,206 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,797 | €156,003 | +€9,206 | +6.3% |
| Distributable reserves | 133 | €146,797 | €156,003 | +€9,206 | +6.3% |
| Amounts payable | 17/49 | €206,839 | €116,270 | -€90,568 | -43.8% |
| Amounts payable after more than one year | 17 | €34,353 | €20,373 | -€13,980 | -40.7% |
| Financial debts | 170/4 | €34,353 | €20,373 | -€13,980 | -40.7% |
| Amounts payable within one year | 42/48 | €172,486 | €95,898 | -€76,588 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €13,384 | €13,980 | +€597 | +4.5% |
| Trade debts | 44 | €27,666 | €0 | -€27,666 | -100% |
| Suppliers | 440/4 | €27,666 | €0 | -€27,666 | -100% |
| Taxes, remuneration and social security | 45 | €4,479 | €4,924 | +€445 | +9.9% |
| Taxes | 450/3 | €4,479 | €4,924 | +€445 | +9.9% |
| Other amounts payable | 47/48 | €126,956 | €76,994 | -€49,963 | -39.4% |
| Non-recurring operating income | 76A | - | €909 | +€909 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,881 | €17,633 | -€248 | -1.4% |
| Other operating charges | 640/8 | €19,376 | €3,542 | -€15,834 | -81.7% |
| Gross operating margin | 9900 | €61,516 | €34,838 | -€26,677 | -43.4% |
| Operating profit (loss) | 9901 | €24,259 | €13,664 | -€10,595 | -43.7% |
| Financial income | 75/76B | €8,472 | €3,402 | -€5,070 | -59.8% |
| Recurring financial income | 75 | €8,472 | €3,402 | -€5,070 | -59.8% |
| Financial charges | 65/66B | €14,048 | €3,709 | -€10,339 | -73.6% |
| Recurring financial charges | 65 | €14,048 | €3,709 | -€10,339 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €18,683 | €13,356 | -€5,327 | -28.5% |
| Income taxes | 67/77 | €6,123 | €4,150 | -€1,973 | -32.2% |
| Profit (loss) for the period | 9904 | €12,560 | €9,206 | -€3,354 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,560 | €9,206 | -€3,354 | -26.7% |
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 17 October 2026 via checked.be.