QUPI Management: 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.
QUPI Management
Largest movements
- Cash +€51,355
up €51,355 (+95.2%), from €53,930 to €105,285
mainly Net result for the year (+€41,501) and Depreciation (+€11,328)
- Tangible fixed assets -€9,588
down €9,588 (-30.4%), from €31,515 to €21,926
of which Furniture and vehicles: -€11,320
- Receivables within one year +€6,016
up €6,016 (+20.8%), from €28,941 to €34,958
of which Trade receivables: +€6,016
- Deferred charges and accrued income +€2,286
up €2,286 (+176%), from €1,298 to €3,584
- Profit (loss) carried forward +€41,501
up €41,501 (+41.8%), from €99,172 to €140,674
- Tax, wage and social debts +€7,275
up €7,275 (+61.6%), from €11,818 to €19,093
- Gross operating margin +€18,656
up €18,656 (+38.4%), from €48,637 to €67,293
- Depreciation +€8,588
up €8,588 (+313%), from €2,740 to €11,328
- Taxes +€3,132
up €3,132 (+32.0%), from €9,800 to €12,932
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 | €115,684 | €165,753 | +€50,069 | +43.3% |
| Fixed assets | 21/28 | €31,515 | €21,926 | -€9,588 | -30.4% |
| Tangible fixed assets | 22/27 | €31,515 | €21,926 | -€9,588 | -30.4% |
| Land and buildings | 22 | - | €1,732 | +€1,732 | |
| Furniture and vehicles | 24 | €31,515 | €20,195 | -€11,320 | -35.9% |
| Current assets | 29/58 | €84,169 | €143,827 | +€59,657 | +70.9% |
| Amounts receivable within one year | 40/41 | €28,941 | €34,958 | +€6,016 | +20.8% |
| Trade receivables | 40 | €28,935 | €34,952 | +€6,016 | +20.8% |
| Other amounts receivable | 41 | €6 | €6 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,930 | €105,285 | +€51,355 | +95.2% |
| Deferred charges and accrued income | 490/1 | €1,298 | €3,584 | +€2,286 | +176% |
| Total equity and liabilities | 10/49 | €115,684 | €165,753 | +€50,069 | +43.3% |
| Equity | 10/15 | €102,172 | €143,674 | +€41,501 | +40.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,172 | €140,674 | +€41,501 | +41.8% |
| Amounts payable | 17/49 | €13,512 | €22,079 | +€8,568 | +63.4% |
| Amounts payable within one year | 42/48 | €13,338 | €21,905 | +€8,568 | +64.2% |
| Trade debts | 44 | €265 | €1,360 | +€1,095 | +413% |
| Suppliers | 440/4 | €265 | €1,360 | +€1,095 | +413% |
| Taxes, remuneration and social security | 45 | €11,818 | €19,093 | +€7,275 | +61.6% |
| Taxes | 450/3 | €11,818 | €19,093 | +€7,275 | +61.6% |
| Other amounts payable | 47/48 | €1,255 | €1,452 | +€197 | +15.7% |
| Accrued charges and deferred income | 492/3 | €174 | €174 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,740 | €11,328 | +€8,588 | +313% |
| Other operating charges | 640/8 | €1,519 | €1,495 | -€25 | -1.6% |
| Gross operating margin | 9900 | €48,637 | €67,293 | +€18,656 | +38.4% |
| Operating profit (loss) | 9901 | €44,377 | €54,470 | +€10,093 | +22.7% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €66 | €46 | -€19 | -29.5% |
| Recurring financial charges | 65 | €66 | €46 | -€19 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €44,312 | €54,434 | +€10,122 | +22.8% |
| Income taxes | 67/77 | €9,800 | €12,932 | +€3,132 | +32.0% |
| Profit (loss) for the period | 9904 | €34,512 | €41,501 | +€6,990 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,512 | €41,501 | +€6,990 | +20.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.