QUPRO: 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.
QUPRO
Largest movements
- Cash +€38,639
up €38,639 (+51.9%), from €74,416 to €113,056
mainly Stocks and contracts (+€30,344) and Trade debts (+€8,773)
- Stocks and contracts -€30,344
down €30,344 (-96.3%), from €31,494 to €1,150
- Receivables within one year +€14,002
up €14,002 (+120%), from €11,636 to €25,638
of which Trade receivables: +€23,803
- Tangible fixed assets -€10,221
down €10,221 (-73.1%), from €13,978 to €3,757
of which Furniture and vehicles: -€8,118
- Trade debts +€8,773
up €8,773 (+32.1%), from €27,321 to €36,094
- Reserves +€2,200
up €2,200 (+2.7%), from €80,550 to €82,750
- Other debts +€1,981
up €1,981 (+17.7%), from €11,225 to €13,207
- Gross operating margin -€12,553
down €12,553 (-52.7%), from €23,828 to €11,275
- Taxes -€3,246
down €3,246 (-54.1%), from €6,003 to €2,757
- Depreciation -€1,646
down €1,646 (-27.1%), from €6,082 to €4,436
- Financial charges +€1,297
up €1,297 (+679%), from €191 to €1,488
- Financial income -€1,160
down €1,160 (-66.0%), from €1,758 to €598
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 | €143,183 | €155,259 | +€12,077 | +8.4% |
| Fixed assets | 21/28 | €15,636 | €5,416 | -€10,221 | -65.4% |
| Tangible fixed assets | 22/27 | €13,978 | €3,757 | -€10,221 | -73.1% |
| Plant, machinery and equipment | 23 | €4,058 | €1,955 | -€2,103 | -51.8% |
| Furniture and vehicles | 24 | €9,920 | €1,802 | -€8,118 | -81.8% |
| Financial fixed assets | 28 | €1,659 | €1,659 | = | 0.0% |
| Current assets | 29/58 | €127,546 | €149,844 | +€22,297 | +17.5% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €31,494 | €1,150 | -€30,344 | -96.3% |
| Stocks | 30/36 | €31,494 | €1,150 | -€30,344 | -96.3% |
| Amounts receivable within one year | 40/41 | €11,636 | €25,638 | +€14,002 | +120% |
| Trade receivables | 40 | €1,835 | €25,638 | +€23,803 | +1,297% |
| Other amounts receivable | 41 | €9,801 | - | -€9,801 | |
| Cash at bank and in hand | 54/58 | €74,416 | €113,056 | +€38,639 | +51.9% |
| Total equity and liabilities | 10/49 | €143,183 | €155,259 | +€12,077 | +8.4% |
| Equity | 10/15 | €95,276 | €97,576 | +€2,300 | +2.4% |
| Contributions | 10/11 | €13,653 | €13,653 | = | 0.0% |
| Reserves | 13 | €80,550 | €82,750 | +€2,200 | +2.7% |
| Distributable reserves | 133 | €80,550 | €82,750 | +€2,200 | +2.7% |
| Profit (loss) carried forward | 14 | €1,073 | €1,173 | +€100 | +9.3% |
| Amounts payable | 17/49 | €47,906 | €57,683 | +€9,777 | +20.4% |
| Amounts payable within one year | 42/48 | €47,906 | €57,683 | +€9,777 | +20.4% |
| Trade debts | 44 | €27,321 | €36,094 | +€8,773 | +32.1% |
| Suppliers | 440/4 | €27,321 | €36,094 | +€8,773 | +32.1% |
| Taxes, remuneration and social security | 45 | €9,360 | €8,382 | -€977 | -10.4% |
| Taxes | 450/3 | €9,360 | €8,382 | -€977 | -10.4% |
| Other amounts payable | 47/48 | €11,225 | €13,207 | +€1,981 | +17.7% |
| Non-recurring operating income | 76A | - | €16,529 | +€16,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,082 | €4,436 | -€1,646 | -27.1% |
| Other operating charges | 640/8 | €871 | €891 | +€20 | +2.3% |
| Gross operating margin | 9900 | €23,828 | €11,275 | -€12,553 | -52.7% |
| Operating profit (loss) | 9901 | €16,875 | €5,947 | -€10,927 | -64.8% |
| Financial income | 75/76B | €1,758 | €598 | -€1,160 | -66.0% |
| Recurring financial income | 75 | €1,758 | €598 | -€1,160 | -66.0% |
| Financial charges | 65/66B | €191 | €1,488 | +€1,297 | +679% |
| Recurring financial charges | 65 | €191 | €1,488 | +€1,297 | +679% |
| Profit (loss) for the period before taxes | 9903 | €18,442 | €5,057 | -€13,385 | -72.6% |
| Income taxes | 67/77 | €6,003 | €2,757 | -€3,246 | -54.1% |
| Profit (loss) for the period | 9904 | €12,439 | €2,300 | -€10,139 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,439 | €2,300 | -€10,139 | -81.5% |
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 14 October 2026 via checked.be.