RQ CONSULTANCY: 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.
RQ CONSULTANCY
Largest movements
- Cash -€34,787
down €34,787 (-57.7%), from €60,314 to €25,528
mainly Contributions, distributions and other (-€34,421) and Receivables within one year (-€24,302)
- Receivables within one year +€24,302
up €24,302 (+103%), from €23,530 to €47,832
of which Other amounts receivable: +€34,053
- Tangible fixed assets +€4,652
up €4,652 (+247%), from €1,880 to €6,533
of which Other tangible fixed assets: +€4,569
- Reserves -€12,752
down €12,752 (-26.1%), from €48,782 to €36,029
- Trade debts +€4,768
up €4,768 (+232%), from €2,059 to €6,828
- Other debts +€3,342
up €3,342 (+10.8%), from €31,079 to €34,421
- Tax, wage and social debts -€3,161
down €3,161 (-85.3%), from €3,708 to €547
- Accrued charges and deferred income +€2,406
new in 2025: €2,406
- Gross operating margin -€11,963
down €11,963 (-26.5%), from €45,206 to €33,243
- Depreciation -€4,688
down €4,688 (-76.7%), from €6,111 to €1,423
- Taxes -€1,628
down €1,628 (-14.7%), from €11,098 to €9,470
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 | €88,648 | €83,252 | -€5,396 | -6.1% |
| Fixed assets | 21/28 | €1,880 | €6,533 | +€4,652 | +247% |
| Tangible fixed assets | 22/27 | €1,880 | €6,533 | +€4,652 | +247% |
| Furniture and vehicles | 24 | €400 | €484 | +€83 | +20.8% |
| Other tangible fixed assets | 26 | €1,480 | €6,049 | +€4,569 | +309% |
| Current assets | 29/58 | €86,767 | €76,719 | -€10,048 | -11.6% |
| Amounts receivable within one year | 40/41 | €23,530 | €47,832 | +€24,302 | +103% |
| Trade receivables | 40 | €13,176 | €3,425 | -€9,751 | -74.0% |
| Other amounts receivable | 41 | €10,354 | €44,406 | +€34,053 | +329% |
| Cash at bank and in hand | 54/58 | €60,314 | €25,528 | -€34,787 | -57.7% |
| Deferred charges and accrued income | 490/1 | €2,923 | €3,360 | +€437 | +14.9% |
| Total equity and liabilities | 10/49 | €88,648 | €83,252 | -€5,396 | -6.1% |
| Equity | 10/15 | €51,782 | €39,029 | -€12,752 | -24.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,782 | €36,029 | -€12,752 | -26.1% |
| Distributable reserves | 133 | €48,782 | €36,029 | -€12,752 | -26.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,866 | €44,223 | +€7,357 | +20.0% |
| Amounts payable within one year | 42/48 | €36,866 | €41,817 | +€4,951 | +13.4% |
| Financial debts | 43 | €20 | €21 | +€1 | +5.0% |
| Credit institutions | 430/8 | €20 | €21 | +€1 | +5.0% |
| Trade debts | 44 | €2,059 | €6,828 | +€4,768 | +232% |
| Suppliers | 440/4 | €2,059 | €6,828 | +€4,768 | +232% |
| Taxes, remuneration and social security | 45 | €3,708 | €547 | -€3,161 | -85.3% |
| Taxes | 450/3 | €3,708 | €547 | -€3,161 | -85.3% |
| Other amounts payable | 47/48 | €31,079 | €34,421 | +€3,342 | +10.8% |
| Accrued charges and deferred income | 492/3 | - | €2,406 | +€2,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,111 | €1,423 | -€4,688 | -76.7% |
| Other operating charges | 640/8 | €1,107 | €1,260 | +€153 | +13.8% |
| Gross operating margin | 9900 | €45,206 | €33,243 | -€11,963 | -26.5% |
| Operating profit (loss) | 9901 | €37,988 | €30,561 | -€7,427 | -19.6% |
| Financial income | 75/76B | €280 | €710 | +€430 | +154% |
| Recurring financial income | 75 | €280 | €710 | +€430 | +154% |
| Financial charges | 65/66B | €80 | €132 | +€52 | +65.3% |
| Recurring financial charges | 65 | €80 | €132 | +€52 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €38,188 | €31,139 | -€7,049 | -18.5% |
| Income taxes | 67/77 | €11,098 | €9,470 | -€1,628 | -14.7% |
| Profit (loss) for the period | 9904 | €27,090 | €21,669 | -€5,422 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,090 | €21,669 | -€5,422 | -20.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.