QWIX EUROPE: what changed
QWIX EUROPE
Largest movements
- Receivables within one year +€21,160
up €21,160 (+184%), from €11,482 to €32,642
of which Other amounts receivable: +€11,500
- Cash +€3,557
up €3,557 (+15.0%), from €23,765 to €27,322
mainly Trade debts (+€13,246) and Net result for the year (+€12,111)
- Trade debts +€13,246
up €13,246 (+229%), from €5,782 to €19,028
- Reserves +€12,111
up €12,111 (+82.2%), from €14,728 to €26,839
- Tax, wage and social debts -€784
down €784 (-9.0%), from €8,737 to €7,953
- Gross operating margin -€3,846
down €3,846 (-18.0%), from €21,387 to €17,540
- Taxes -€1,006
down €1,006 (-17.7%), from €5,669 to €4,663
- Other operating charges -€228
down €228 (-29.5%), from €772 to €544
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,246 | €59,964 | +€24,717 | +70.1% |
| Current assets | 29/58 | €35,246 | €59,964 | +€24,717 | +70.1% |
| Amounts receivable within one year | 40/41 | €11,482 | €32,642 | +€21,160 | +184% |
| Trade receivables | 40 | €11,482 | €21,142 | +€9,660 | +84.1% |
| Other amounts receivable | 41 | - | €11,500 | +€11,500 | |
| Cash at bank and in hand | 54/58 | €23,765 | €27,322 | +€3,557 | +15.0% |
| Total equity and liabilities | 10/49 | €35,246 | €59,964 | +€24,717 | +70.1% |
| Equity | 10/15 | €20,728 | €32,839 | +€12,111 | +58.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €14,728 | €26,839 | +€12,111 | +82.2% |
| Distributable reserves | 133 | €14,728 | €26,839 | +€12,111 | +82.2% |
| Amounts payable | 17/49 | €14,518 | €27,125 | +€12,606 | +86.8% |
| Amounts payable within one year | 42/48 | €14,518 | €26,980 | +€12,462 | +85.8% |
| Trade debts | 44 | €5,782 | €19,028 | +€13,246 | +229% |
| Suppliers | 440/4 | €5,782 | €19,028 | +€13,246 | +229% |
| Taxes, remuneration and social security | 45 | €8,737 | €7,953 | -€784 | -9.0% |
| Taxes | 450/3 | €8,737 | €7,953 | -€784 | -9.0% |
| Accrued charges and deferred income | 492/3 | - | €144 | +€144 | |
| Other operating charges | 640/8 | €772 | €544 | -€228 | -29.5% |
| Gross operating margin | 9900 | €21,387 | €17,540 | -€3,846 | -18.0% |
| Operating profit (loss) | 9901 | €20,615 | €16,997 | -€3,618 | -17.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €218 | €224 | +€6 | +2.7% |
| Recurring financial charges | 65 | €218 | €224 | +€6 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €20,397 | €16,774 | -€3,623 | -17.8% |
| Income taxes | 67/77 | €5,669 | €4,663 | -€1,006 | -17.7% |
| Profit (loss) for the period | 9904 | €14,728 | €12,111 | -€2,617 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,728 | €12,111 | -€2,617 | -17.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.