QXL: 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.
QXL
Largest movements
- Receivables within one year -€185
down €185 (-27.6%), from €670 to €484
of which Other amounts receivable: -€107
- Cash -€146
down €146 (-97.3%), from €150 to €4
mainly Net result for the year (-€1,200)
- Profit (loss) carried forward -€1,200
down €1,200 (-13.1%), from -€9,181 to -€10,380
- Trade debts +€869
new in 2023: €869
- Purchases and services -€10,598
no longer reported in 2023 (was €10,598)
- Gross operating margin +€8,264
up €8,264 (+92.3%), from -€8,952 to -€688
- Turnover -€1,646
no longer reported in 2023 (was €1,646)
- Financial charges +€425
up €425 (+488%), from €87 to €512
- Other operating charges -€142
no longer reported in 2023 (was €142)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €819 | €488 | -€331 | -40.4% |
| Current assets | 29/58 | €819 | €488 | -€331 | -40.4% |
| Amounts receivable within one year | 40/41 | €670 | €484 | -€185 | -27.6% |
| Trade receivables | 40 | €78 | - | -€78 | |
| Other amounts receivable | 41 | €592 | €484 | -€107 | -18.1% |
| Cash at bank and in hand | 54/58 | €150 | €4 | -€146 | -97.3% |
| Total equity and liabilities | 10/49 | €819 | €488 | -€331 | -40.4% |
| Equity | 10/15 | €819 | -€380 | -€1,200 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,181 | -€10,380 | -€1,200 | -13.1% |
| Amounts payable | 17/49 | - | €869 | +€869 | |
| Amounts payable within one year | 42/48 | - | €869 | +€869 | |
| Trade debts | 44 | - | €869 | +€869 | |
| Suppliers | 440/4 | - | €869 | +€869 | |
| Turnover | 70 | €1,646 | - | -€1,646 | |
| Goods, raw materials, services and sundry goods | 60/61 | €10,598 | - | -€10,598 | |
| Other operating charges | 640/8 | €142 | - | -€142 | |
| Gross operating margin | 9900 | -€8,952 | -€688 | +€8,264 | +92.3% |
| Operating profit (loss) | 9901 | -€9,094 | -€688 | +€8,406 | +92.4% |
| Financial charges | 65/66B | €87 | €512 | +€425 | +488% |
| Recurring financial charges | 65 | €87 | €512 | +€425 | +488% |
| Profit (loss) for the period before taxes | 9903 | -€9,181 | -€1,200 | +€7,981 | +86.9% |
| Profit (loss) for the period | 9904 | -€9,181 | -€1,200 | +€7,981 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,181 | -€1,200 | +€7,981 | +86.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.