QUALSTRAT: 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.
QUALSTRAT
Largest movements
- Tangible fixed assets +€229,454
up €229,454 (+22845.8%), from €1,004 to €230,458
of which Land and buildings: +€230,000
- Receivables within one year +€114,946
up €114,946 (+258.4%), from €44,486 to €159,431
of which Trade receivables: +€115,333
- Financial fixed assets +€83,438
up €83,438 (+125.4%), from €66,562 to €150,000
- Cash +€53,934
up €53,934 (+66.7%), from €80,821 to €134,755
mainly Trade debts (+€270,610) and Net result for the year (+€132,812)
- Trade debts +€270,610
up €270,610 (+3562.7%), from €7,596 to €278,205
- Other debts +€82,209
up €82,209 (+182.7%), from €45,000 to €127,209
- Reserves +€76,772
up €76,772 (+78.0%), from €98,452 to €175,225
- Tax, wage and social debts +€51,437
up €51,437 (+133.4%), from €38,568 to €90,005
of which Taxes: +€48,937
- Gross operating margin +€85,857
up €85,857 (+74.4%), from €115,367 to €201,224
- Financial income -€38,982
down €38,982 (-99.8%), from €39,045 to €63
- Depreciation +€36,479
up €36,479 (+6677.1%), from €546 to €37,025
- Taxes +€8,086
up €8,086 (+35.7%), from €22,662 to €30,748
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 | €193,616 | €674,644 | +€481,028 | +248.4% |
| Fixed assets | 21/28 | €67,566 | €380,458 | +€312,892 | +463.1% |
| Tangible fixed assets | 22/27 | €1,004 | €230,458 | +€229,454 | +22845.8% |
| Land and buildings | 22 | - | €230,000 | +€230,000 | |
| Furniture and vehicles | 24 | €1,004 | €458 | -€546 | -54.4% |
| Financial fixed assets | 28 | €66,562 | €150,000 | +€83,438 | +125.4% |
| Current assets | 29/58 | €126,050 | €294,186 | +€168,136 | +133.4% |
| Amounts receivable within one year | 40/41 | €44,486 | €159,431 | +€114,946 | +258.4% |
| Trade receivables | 40 | €42,834 | €158,167 | +€115,333 | +269.3% |
| Other amounts receivable | 41 | €1,652 | €1,265 | -€387 | -23.4% |
| Cash at bank and in hand | 54/58 | €80,821 | €134,755 | +€53,934 | +66.7% |
| Deferred charges and accrued income | 490/1 | €743 | - | -€743 | |
| Total equity and liabilities | 10/49 | €193,616 | €674,644 | +€481,028 | +248.4% |
| Equity | 10/15 | €102,452 | €179,225 | +€76,772 | +74.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €98,452 | €175,225 | +€76,772 | +78.0% |
| Distributable reserves | 133 | €98,452 | €175,225 | +€76,772 | +78.0% |
| Amounts payable | 17/49 | €91,164 | €495,419 | +€404,255 | +443.4% |
| Amounts payable within one year | 42/48 | €91,164 | €495,419 | +€404,255 | +443.4% |
| Trade debts | 44 | €7,596 | €278,205 | +€270,610 | +3562.7% |
| Suppliers | 440/4 | €7,596 | €278,205 | +€270,610 | +3562.7% |
| Taxes, remuneration and social security | 45 | €38,568 | €90,005 | +€51,437 | +133.4% |
| Taxes | 450/3 | €38,568 | €87,505 | +€48,937 | +126.9% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €45,000 | €127,209 | +€82,209 | +182.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €546 | €37,025 | +€36,479 | +6677.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €115,367 | €201,224 | +€85,857 | +74.4% |
| Operating profit (loss) | 9901 | €114,436 | €163,811 | +€49,375 | +43.1% |
| Financial income | 75/76B | €39,045 | €63 | -€38,982 | -99.8% |
| Recurring financial income | 75 | €39,045 | €63 | -€38,982 | -99.8% |
| Financial charges | 65/66B | €50 | €314 | +€264 | +527.4% |
| Recurring financial charges | 65 | €50 | €314 | +€264 | +527.4% |
| Profit (loss) for the period before taxes | 9903 | €153,431 | €163,560 | +€10,129 | +6.6% |
| Income taxes | 67/77 | €22,662 | €30,748 | +€8,086 | +35.7% |
| Profit (loss) for the period | 9904 | €130,769 | €132,812 | +€2,044 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €130,769 | €132,812 | +€2,044 | +1.6% |
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.