QUELTO CONSULT: 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.
QUELTO CONSULT
Largest movements
- Receivables within one year +€16,224
up €16,224 (+31.5%), from €51,512 to €67,736
of which Other amounts receivable: +€16,224
- Cash -€4,792
down €4,792 (-18.1%), from €26,446 to €21,654
mainly Receivables within one year (-€16,224) and Tax, wage and social debts (-€3,881)
- Reserves +€15,621
up €15,621 (+11.0%), from €142,489 to €158,110
- Tax, wage and social debts -€3,881
down €3,881 (-24.3%), from €15,969 to €12,087
of which Taxes: -€3,881
- Gross operating margin +€1,974
up €1,974 (+8.4%), from €23,594 to €25,569
- Financial income -€367
down €367 (-6.1%), from €6,020 to €5,653
- Taxes +€279
up €279 (+4.0%), from €7,053 to €7,332
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 | €179,038 | €190,473 | +€11,435 | +6.4% |
| Current assets | 29/58 | €179,038 | €190,473 | +€11,435 | +6.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,512 | €67,736 | +€16,224 | +31.5% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €33,362 | €49,586 | +€16,224 | +48.6% |
| Current investments | 50/53 | €540 | €540 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,446 | €21,654 | -€4,792 | -18.1% |
| Deferred charges and accrued income | 490/1 | €540 | €543 | +€3 | +0.6% |
| Total equity and liabilities | 10/49 | €179,038 | €190,473 | +€11,435 | +6.4% |
| Equity | 10/15 | €151,089 | €166,710 | +€15,621 | +10.3% |
| Contributions | 10/11 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €142,489 | €158,110 | +€15,621 | +11.0% |
| Distributable reserves | 133 | €142,489 | €158,110 | +€15,621 | +11.0% |
| Amounts payable | 17/49 | €27,950 | €23,764 | -€4,186 | -15.0% |
| Amounts payable within one year | 42/48 | €27,050 | €22,946 | -€4,103 | -15.2% |
| Trade debts | 44 | €11,081 | €10,859 | -€222 | -2.0% |
| Suppliers | 440/4 | €11,081 | €10,859 | -€222 | -2.0% |
| Taxes, remuneration and social security | 45 | €15,969 | €12,087 | -€3,881 | -24.3% |
| Taxes | 450/3 | €13,719 | €9,837 | -€3,881 | -28.3% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €900 | €818 | -€82 | -9.2% |
| Other operating charges | 640/8 | €8,114 | €8,137 | +€23 | +0.3% |
| Gross operating margin | 9900 | €23,594 | €25,569 | +€1,974 | +8.4% |
| Operating profit (loss) | 9901 | €15,480 | €17,432 | +€1,952 | +12.6% |
| Financial income | 75/76B | €6,020 | €5,653 | -€367 | -6.1% |
| Recurring financial income | 75 | €6,020 | €5,653 | -€367 | -6.1% |
| Financial charges | 65/66B | €105 | €132 | +€27 | +25.4% |
| Recurring financial charges | 65 | €105 | €132 | +€27 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €21,395 | €22,953 | +€1,558 | +7.3% |
| Income taxes | 67/77 | €7,053 | €7,332 | +€279 | +4.0% |
| Profit (loss) for the period | 9904 | €14,342 | €15,621 | +€1,279 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,342 | €15,621 | +€1,279 | +8.9% |
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 23 October 2026 via checked.be.