Qualnutri: 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.
Qualnutri
Largest movements
- Current investments -€60,162
down €60,162 (-53.2%), from €113,162 to €53,000
- Receivables within one year +€22,634
up €22,634 (+1,405%), from €1,612 to €24,246
of which Trade receivables: +€17,890
- Tangible fixed assets +€19,847
up €19,847 (+138%), from €14,404 to €34,250
of which Furniture and vehicles: +€23,526
- Cash +€15,359
up €15,359 (+74.9%), from €20,495 to €35,854
mainly Net result for the year (+€72,870) and Current investments (+€60,162)
- Reserves +€72,870
up €72,870 (+231%), from €31,517 to €104,387
- Other debts -€64,432
down €64,432 (-68.8%), from €93,694 to €29,262
- Tax, wage and social debts -€12,001
down €12,001 (-53.1%), from €22,604 to €10,604
of which Taxes: -€15,046
- Gross operating margin +€42,050
up €42,050 (+69.0%), from €60,974 to €103,023
- Taxes +€8,637
up €8,637 (+84.5%), from €10,222 to €18,858
- Depreciation +€5,165
up €5,165 (+59.3%), from €8,712 to €13,877
- Financial income +€3,698
up €3,698 (+1,763%), from €210 to €3,907
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 | €154,087 | €151,025 | -€3,062 | -2.0% |
| Fixed assets | 21/28 | €14,454 | €34,250 | +€19,797 | +137% |
| Tangible fixed assets | 22/27 | €14,404 | €34,250 | +€19,847 | +138% |
| Plant, machinery and equipment | 23 | €12,620 | €8,941 | -€3,679 | -29.2% |
| Furniture and vehicles | 24 | €1,784 | €25,310 | +€23,526 | +1,319% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €139,633 | €116,775 | -€22,858 | -16.4% |
| Stocks and contracts in progress | 3 | €4,364 | €3,674 | -€690 | -15.8% |
| Stocks | 30/36 | €4,364 | €3,674 | -€690 | -15.8% |
| Amounts receivable within one year | 40/41 | €1,612 | €24,246 | +€22,634 | +1,405% |
| Trade receivables | 40 | €215 | €18,104 | +€17,890 | +8,337% |
| Other amounts receivable | 41 | €1,397 | €6,142 | +€4,745 | +340% |
| Current investments | 50/53 | €113,162 | €53,000 | -€60,162 | -53.2% |
| Cash at bank and in hand | 54/58 | €20,495 | €35,854 | +€15,359 | +74.9% |
| Total equity and liabilities | 10/49 | €154,087 | €151,025 | -€3,062 | -2.0% |
| Equity | 10/15 | €36,517 | €109,387 | +€72,870 | +200% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,517 | €104,387 | +€72,870 | +231% |
| Distributable reserves | 133 | €31,517 | €104,387 | +€72,870 | +231% |
| Amounts payable | 17/49 | €117,570 | €41,638 | -€75,932 | -64.6% |
| Amounts payable within one year | 42/48 | €117,570 | €41,638 | -€75,932 | -64.6% |
| Trade debts | 44 | €1,272 | €1,773 | +€501 | +39.4% |
| Suppliers | 440/4 | €1,272 | €1,773 | +€501 | +39.4% |
| Taxes, remuneration and social security | 45 | €22,604 | €10,604 | -€12,001 | -53.1% |
| Taxes | 450/3 | €22,604 | €7,559 | -€15,046 | -66.6% |
| Remuneration and social security | 454/9 | - | €3,045 | +€3,045 | |
| Other amounts payable | 47/48 | €93,694 | €29,262 | -€64,432 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,712 | €13,877 | +€5,165 | +59.3% |
| Other operating charges | 640/8 | €1,308 | €909 | -€399 | -30.5% |
| Gross operating margin | 9900 | €60,974 | €103,023 | +€42,050 | +69.0% |
| Operating profit (loss) | 9901 | €50,954 | €88,237 | +€37,283 | +73.2% |
| Financial income | 75/76B | €210 | €3,907 | +€3,698 | +1,763% |
| Recurring financial income | 75 | €210 | €3,907 | +€3,698 | +1,763% |
| Financial charges | 65/66B | €388 | €416 | +€28 | +7.2% |
| Recurring financial charges | 65 | €388 | €416 | +€28 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €50,776 | €91,729 | +€40,953 | +80.7% |
| Income taxes | 67/77 | €10,222 | €18,858 | +€8,637 | +84.5% |
| Profit (loss) for the period | 9904 | €40,554 | €72,870 | +€32,316 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,554 | €72,870 | +€32,316 | +79.7% |
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 14 October 2026 via checked.be.