Qualpro: 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.
Qualpro
Largest movements
- Cash +€11,446
up €11,446 (+101%), from €11,366 to €22,812
mainly Trade debts (+€8,810) and Depreciation (+€3,532)
- Tangible fixed assets -€3,532
down €3,532 (-10.9%), from €32,459 to €28,927
of which Assets under construction and advance payments: -€3,061
- Receivables within one year +€972
up €972 (+15.2%), from €6,404 to €7,376
- Trade debts +€8,810
up €8,810 (+36.0%), from €24,454 to €33,264
- Gross operating margin +€2,355
up €2,355 (+80.1%), from €2,938 to €5,293
- Depreciation -€589
down €589 (-14.3%), from €4,121 to €3,532
- Financial charges +€440
up €440 (+345%), from €127 to €567
- Other operating charges -€407
down €407 (-35.1%), from €1,160 to €754
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 | €55,725 | €64,367 | +€8,642 | +15.5% |
| Fixed assets | 21/28 | €37,709 | €34,177 | -€3,532 | -9.4% |
| Tangible fixed assets | 22/27 | €32,459 | €28,927 | -€3,532 | -10.9% |
| Furniture and vehicles | 24 | €471 | - | -€471 | |
| Assets under construction and advance payments | 27 | €31,988 | €28,927 | -€3,061 | -9.6% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €18,016 | €30,190 | +€12,174 | +67.6% |
| Amounts receivable within one year | 40/41 | €6,404 | €7,376 | +€972 | +15.2% |
| Other amounts receivable | 41 | €6,404 | €7,376 | +€972 | +15.2% |
| Current investments | 50/53 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,366 | €22,812 | +€11,446 | +101% |
| Deferred charges and accrued income | 490/1 | €244 | - | -€244 | |
| Total equity and liabilities | 10/49 | €55,725 | €64,367 | +€8,642 | +15.5% |
| Equity | 10/15 | €30,481 | €30,599 | +€117 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,594 | €18,594 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €950 | €950 | = | 0.0% |
| Distributable reserves | 133 | €15,784 | €15,784 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,713 | -€6,595 | +€117 | +1.7% |
| Amounts payable | 17/49 | €25,244 | €33,769 | +€8,525 | +33.8% |
| Amounts payable within one year | 42/48 | €24,994 | €33,769 | +€8,775 | +35.1% |
| Trade debts | 44 | €24,454 | €33,264 | +€8,810 | +36.0% |
| Suppliers | 440/4 | €24,454 | €33,264 | +€8,810 | +36.0% |
| Taxes, remuneration and social security | 45 | €540 | €504 | -€35 | -6.5% |
| Taxes | 450/3 | €540 | €504 | -€35 | -6.5% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,121 | €3,532 | -€589 | -14.3% |
| Other operating charges | 640/8 | €1,160 | €754 | -€407 | -35.1% |
| Gross operating margin | 9900 | €2,938 | €5,293 | +€2,355 | +80.1% |
| Operating profit (loss) | 9901 | -€2,343 | €1,008 | +€3,350 | |
| Financial charges | 65/66B | €127 | €567 | +€440 | +345% |
| Recurring financial charges | 65 | €127 | €567 | +€440 | +345% |
| Profit (loss) for the period before taxes | 9903 | -€2,470 | €440 | +€2,910 | |
| Income taxes | 67/77 | €340 | €323 | -€17 | -4.9% |
| Profit (loss) for the period | 9904 | -€2,810 | €117 | +€2,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,810 | €117 | +€2,927 |
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 13 October 2026 via checked.be.