QUIFIT: 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.
QUIFIT
Largest movements
- Cash +€38,073
up €38,073 (+93.0%), from €40,937 to €79,011
mainly Net result for the year (+€52,419) and Depreciation (+€7,355)
- Receivables within one year +€4,908
up €4,908 (+76.6%), from €6,410 to €11,318
of which Trade receivables: +€4,908
- Tangible fixed assets -€4,605
down €4,605 (-45.6%), from €10,088 to €5,483
- Intangible fixed assets -€2,750
down €2,750 (-14.8%), from €18,542 to €15,792
- Profit (loss) carried forward +€52,419
up €52,419, from -€44,174 to €8,245
- Other debts -€23,937
down €23,937 (-40.4%), from €59,243 to €35,306
- Advances received +€4,849
up €4,849 (+72.2%), from €6,720 to €11,570
- Tax, wage and social debts +€3,812
up €3,812 (+493%), from €773 to €4,585
of which Taxes: +€3,506
- Trade debts -€1,220
down €1,220 (-22.6%), from €5,393 to €4,172
- Gross operating margin +€11,273
up €11,273 (+20.8%), from €54,249 to €65,523
- Staff costs -€4,712
down €4,712 (-87.6%), from €5,379 to €667
- Taxes +€2,936
new in 2025: €2,936
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 | €78,455 | €113,878 | +€35,423 | +45.2% |
| Fixed assets | 21/28 | €28,630 | €21,275 | -€7,355 | -25.7% |
| Intangible fixed assets | 21 | €18,542 | €15,792 | -€2,750 | -14.8% |
| Tangible fixed assets | 22/27 | €10,088 | €5,483 | -€4,605 | -45.6% |
| Plant, machinery and equipment | 23 | €10,088 | €5,483 | -€4,605 | -45.6% |
| Current assets | 29/58 | €49,825 | €92,603 | +€42,778 | +85.9% |
| Stocks and contracts in progress | 3 | €991 | €242 | -€750 | -75.6% |
| Stocks | 30/36 | €991 | €242 | -€750 | -75.6% |
| Amounts receivable within one year | 40/41 | €6,410 | €11,318 | +€4,908 | +76.6% |
| Trade receivables | 40 | €6,389 | €11,297 | +€4,908 | +76.8% |
| Other amounts receivable | 41 | €21 | €21 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,937 | €79,011 | +€38,073 | +93.0% |
| Deferred charges and accrued income | 490/1 | €1,486 | €2,033 | +€547 | +36.8% |
| Total equity and liabilities | 10/49 | €78,455 | €113,878 | +€35,423 | +45.2% |
| Equity | 10/15 | €5,826 | €58,245 | +€52,419 | +900% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,174 | €8,245 | +€52,419 | |
| Amounts payable | 17/49 | €72,629 | €55,633 | -€16,996 | -23.4% |
| Amounts payable within one year | 42/48 | €72,129 | €55,633 | -€16,496 | -22.9% |
| Trade debts | 44 | €5,393 | €4,172 | -€1,220 | -22.6% |
| Suppliers | 440/4 | €5,393 | €4,172 | -€1,220 | -22.6% |
| Advances received on contracts in progress | 46 | €6,720 | €11,570 | +€4,849 | +72.2% |
| Taxes, remuneration and social security | 45 | €773 | €4,585 | +€3,812 | +493% |
| Taxes | 450/3 | €666 | €4,172 | +€3,506 | +526% |
| Remuneration and social security | 454/9 | €106 | €413 | +€306 | +288% |
| Other amounts payable | 47/48 | €59,243 | €35,306 | -€23,937 | -40.4% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €5,379 | €667 | -€4,712 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,940 | €7,355 | +€415 | +6.0% |
| Other operating charges | 640/8 | €2,176 | €2,143 | -€33 | -1.5% |
| Gross operating margin | 9900 | €54,249 | €65,523 | +€11,273 | +20.8% |
| Operating profit (loss) | 9901 | €39,754 | €55,357 | +€15,603 | +39.2% |
| Financial income | 75/76B | €237 | €54 | -€183 | -77.1% |
| Recurring financial income | 75 | €237 | €54 | -€183 | -77.1% |
| Financial charges | 65/66B | €66 | €57 | -€9 | -13.9% |
| Recurring financial charges | 65 | €66 | €57 | -€9 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €39,926 | €55,355 | +€15,430 | +38.6% |
| Income taxes | 67/77 | - | €2,936 | +€2,936 | |
| Profit (loss) for the period | 9904 | €39,926 | €52,419 | +€12,494 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,926 | €52,419 | +€12,494 | +31.3% |
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 27 October 2026 via checked.be.