QualS: what changed
Two fiscal 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.
QualS
Largest movements
- Cash -€48,566
down €48,566 (-59.4%), from €81,712 to €33,146
mainly Other debts (-€50,091) and Contributions, distributions and other (-€32,515)
- Tangible fixed assets -€1,152
down €1,152 (-10.9%), from €10,544 to €9,392
of which Furniture and vehicles: -€2,953
- Other debts -€50,091
down €50,091 (-60.4%), from €82,904 to €32,812
- Trade debts +€1,959
up €1,959 (+703.5%), from €278 to €2,238
- Gross operating margin -€5,955
down €5,955 (-11.1%), from €53,850 to €47,896
- Taxes -€1,109
down €1,109 (-11.2%), from €9,855 to €8,746
- Financial charges -€606
down €606 (-18.4%), from €3,290 to €2,684
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,514 | €55,848 | -€49,665 | -47.1% |
| Fixed assets | 21/28 | €10,544 | €9,392 | -€1,152 | -10.9% |
| Tangible fixed assets | 22/27 | €10,544 | €9,392 | -€1,152 | -10.9% |
| Furniture and vehicles | 24 | €8,675 | €5,722 | -€2,953 | -34.0% |
| Other tangible fixed assets | 26 | €1,869 | €3,670 | +€1,801 | +96.4% |
| Current assets | 29/58 | €94,970 | €46,457 | -€48,513 | -51.1% |
| Amounts receivable within one year | 40/41 | €13,258 | €12,326 | -€932 | -7.0% |
| Trade receivables | 40 | €12,112 | €11,180 | -€932 | -7.7% |
| Other amounts receivable | 41 | €1,146 | €1,146 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €81,712 | €33,146 | -€48,566 | -59.4% |
| Deferred charges and accrued income | 490/1 | - | €984 | +€984 | |
| Total equity and liabilities | 10/49 | €105,514 | €55,848 | -€49,665 | -47.1% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €86,914 | €37,248 | -€49,665 | -57.1% |
| Amounts payable within one year | 42/48 | €85,854 | €36,925 | -€48,928 | -57.0% |
| Trade debts | 44 | €278 | €2,238 | +€1,959 | +703.5% |
| Suppliers | 440/4 | €278 | €2,238 | +€1,959 | +703.5% |
| Taxes, remuneration and social security | 45 | €2,671 | €1,875 | -€796 | -29.8% |
| Taxes | 450/3 | €2,671 | €1,875 | -€796 | -29.8% |
| Other amounts payable | 47/48 | €82,904 | €32,812 | -€50,091 | -60.4% |
| Accrued charges and deferred income | 492/3 | €1,060 | €323 | -€737 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,267 | €3,528 | +€261 | +8.0% |
| Other operating charges | 640/8 | €384 | €422 | +€38 | +9.9% |
| Gross operating margin | 9900 | €53,850 | €47,896 | -€5,955 | -11.1% |
| Operating profit (loss) | 9901 | €50,199 | €43,945 | -€6,254 | -12.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,290 | €2,684 | -€606 | -18.4% |
| Recurring financial charges | 65 | €3,290 | €2,684 | -€606 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €46,908 | €41,261 | -€5,647 | -12.0% |
| Income taxes | 67/77 | €9,855 | €8,746 | -€1,109 | -11.2% |
| Profit (loss) for the period | 9904 | €37,054 | €32,515 | -€4,538 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,054 | €32,515 | -€4,538 | -12.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.