Qvid: 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.
Qvid
Largest movements
- Cash -€14,016
down €14,016 (-86.4%), from €16,222 to €2,207
mainly Other debts (-€17,791) and Net result for the year (-€3,000)
- Receivables within one year -€7,282
down €7,282 (-62.1%), from €11,728 to €4,446
of which Trade receivables: -€7,009
- Deferred charges and accrued income -€2,287
no longer reported in 2025 (was €2,287)
- Tangible fixed assets +€759
new in 2025: €759
- Other debts -€17,791
no longer reported in 2025 (was €17,791)
- Profit (loss) carried forward -€3,000
new in 2025: -€3,000
- Tax, wage and social debts -€2,299
down €2,299 (-27.7%), from €8,296 to €5,997
- Gross operating margin -€23,935
down €23,935, from €21,661 to -€2,274
- Taxes -€4,539
no longer reported in 2025 (was €4,539)
- Depreciation +€272
new in 2025: €272
- Other operating charges +€268
new in 2025: €268
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 | €30,238 | €7,412 | -€22,826 | -75.5% |
| Fixed assets | 21/28 | - | €759 | +€759 | |
| Tangible fixed assets | 22/27 | - | €759 | +€759 | |
| Plant, machinery and equipment | 23 | - | €759 | +€759 | |
| Current assets | 29/58 | €30,238 | €6,652 | -€23,585 | -78.0% |
| Amounts receivable within one year | 40/41 | €11,728 | €4,446 | -€7,282 | -62.1% |
| Trade receivables | 40 | €11,086 | €4,076 | -€7,009 | -63.2% |
| Other amounts receivable | 41 | €642 | €370 | -€273 | -42.5% |
| Cash at bank and in hand | 54/58 | €16,222 | €2,207 | -€14,016 | -86.4% |
| Deferred charges and accrued income | 490/1 | €2,287 | - | -€2,287 | |
| Total equity and liabilities | 10/49 | €30,238 | €7,412 | -€22,826 | -75.5% |
| Equity | 10/15 | €3,000 | -€0 | -€3,000 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,000 | -€3,000 | |
| Amounts payable | 17/49 | €27,238 | €7,412 | -€19,826 | -72.8% |
| Amounts payable within one year | 42/48 | €27,238 | €7,412 | -€19,826 | -72.8% |
| Trade debts | 44 | €1,150 | €1,415 | +€265 | +23.0% |
| Suppliers | 440/4 | €1,150 | €1,415 | +€265 | +23.0% |
| Taxes, remuneration and social security | 45 | €8,296 | €5,997 | -€2,299 | -27.7% |
| Taxes | 450/3 | €8,296 | €5,997 | -€2,299 | -27.7% |
| Other amounts payable | 47/48 | €17,791 | - | -€17,791 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €272 | +€272 | |
| Other operating charges | 640/8 | - | €268 | +€268 | |
| Gross operating margin | 9900 | €21,661 | -€2,274 | -€23,935 | |
| Operating profit (loss) | 9901 | €21,661 | -€2,813 | -€24,474 | |
| Financial charges | 65/66B | €353 | €187 | -€167 | -47.1% |
| Recurring financial charges | 65 | €353 | €187 | -€167 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €21,307 | -€3,000 | -€24,308 | |
| Income taxes | 67/77 | €4,539 | - | -€4,539 | |
| Profit (loss) for the period | 9904 | €16,769 | -€3,000 | -€19,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,769 | -€3,000 | -€19,769 |
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 7 October 2026 via checked.be.