QUALYTIME: 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.
QUALYTIME
Largest movements
- Receivables within one year +€36,084
up €36,084 (+133.4%), from €27,055 to €63,139
of which Trade receivables: +€35,068
- Cash +€22,506
up €22,506 (+210.2%), from €10,706 to €33,213
mainly Trade debts (+€50,228) and Advances received (+€13,760)
- Stocks and contracts +€7,262
up €7,262 (+27.2%), from €26,673 to €33,935
- Trade debts +€50,228
up €50,228 (+146.5%), from €34,284 to €84,512
- Advances received +€13,760
new in 2025: €13,760
- Contributions -€8,714
no longer reported in 2025 (was €8,714)
- Debts after one year +€8,714
new in 2025: €8,714
- Profit (loss) carried forward +€2,917
up €2,917 (+56.9%), from -€5,127 to -€2,210
- Gross operating margin +€12,352
up €12,352, from -€8,488 to €3,864
- Financial income -€422
down €422 (-97.8%), from €431 to €9
- Other operating charges -€371
down €371 (-42.2%), from €878 to €507
- Taxes -€229
no longer reported in 2025 (was €229)
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.
Cash bridge derived
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 | €65,968 | €130,955 | +€64,987 | +98.5% |
| Current assets | 29/58 | €65,968 | €130,955 | +€64,987 | +98.5% |
| Stocks and contracts in progress | 3 | €26,673 | €33,935 | +€7,262 | +27.2% |
| Stocks | 30/36 | €26,673 | €33,935 | +€7,262 | +27.2% |
| Amounts receivable within one year | 40/41 | €27,055 | €63,139 | +€36,084 | +133.4% |
| Trade receivables | 40 | €26,859 | €61,928 | +€35,068 | +130.6% |
| Other amounts receivable | 41 | €196 | €1,211 | +€1,015 | +518.2% |
| Cash at bank and in hand | 54/58 | €10,706 | €33,213 | +€22,506 | +210.2% |
| Deferred charges and accrued income | 490/1 | €1,534 | €669 | -€865 | -56.4% |
| Total equity and liabilities | 10/49 | €65,968 | €130,955 | +€64,987 | +98.5% |
| Equity | 10/15 | €5,448 | -€350 | -€5,798 | |
| Contributions | 10/11 | €8,714 | - | -€8,714 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€5,127 | -€2,210 | +€2,917 | +56.9% |
| Amounts payable | 17/49 | €60,521 | €131,305 | +€70,784 | +117.0% |
| Amounts payable after more than one year | 17 | - | €8,714 | +€8,714 | |
| Financial debts | 170/4 | - | €8,714 | +€8,714 | |
| Amounts payable within one year | 42/48 | €60,521 | €122,591 | +€62,070 | +102.6% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €34,284 | €84,512 | +€50,228 | +146.5% |
| Suppliers | 440/4 | €34,284 | €84,512 | +€50,228 | +146.5% |
| Advances received on contracts in progress | 46 | - | €13,760 | +€13,760 | |
| Taxes, remuneration and social security | 45 | €628 | €1,067 | +€439 | +69.8% |
| Taxes | 450/3 | €628 | €1,067 | +€439 | +69.8% |
| Other amounts payable | 47/48 | €25,609 | €23,246 | -€2,363 | -9.2% |
| Other operating charges | 640/8 | €878 | €507 | -€371 | -42.2% |
| Gross operating margin | 9900 | -€8,488 | €3,864 | +€12,352 | |
| Operating profit (loss) | 9901 | -€9,366 | €3,357 | +€12,723 | |
| Financial income | 75/76B | €431 | €9 | -€422 | -97.8% |
| Recurring financial income | 75 | €431 | €9 | -€422 | -97.8% |
| Financial charges | 65/66B | €441 | €450 | +€9 | +1.9% |
| Recurring financial charges | 65 | €441 | €450 | +€9 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,376 | €2,917 | +€12,292 | |
| Income taxes | 67/77 | €229 | - | -€229 | |
| Profit (loss) for the period | 9904 | -€9,605 | €2,917 | +€12,522 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,605 | €2,917 | +€12,522 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.