T & Q: 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.
T & Q
Largest movements
- Cash -€2,917
down €2,917 (-96.4%), from €3,025 to €108
mainly Other debts (-€2,331) and Trade debts (-€1,712)
- Receivables within one year -€1,618
down €1,618 (-19.5%), from €8,305 to €6,687
of which Trade receivables: -€1,327
- Other debts -€2,331
down €2,331 (-47.9%), from €4,863 to €2,532
- Trade debts -€1,712
down €1,712 (-35.5%), from €4,819 to €3,107
- Tax, wage and social debts -€617
no longer reported in 2025 (was €617)
- Profit (loss) carried forward +€125
up €125 (+0.6%), from -€19,310 to -€19,185
- Other operating charges +€797
new in 2025: €797
- Gross operating margin +€158
up €158 (+19.6%), from €806 to €964
- Financial income -€40
no longer reported in 2025 (was €40)
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 | €11,449 | €6,914 | -€4,535 | -39.6% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €11,359 | €6,824 | -€4,535 | -39.9% |
| Amounts receivable within one year | 40/41 | €8,305 | €6,687 | -€1,618 | -19.5% |
| Trade receivables | 40 | €6,590 | €5,263 | -€1,327 | -20.1% |
| Other amounts receivable | 41 | €1,715 | €1,424 | -€291 | -17.0% |
| Cash at bank and in hand | 54/58 | €3,025 | €108 | -€2,917 | -96.4% |
| Deferred charges and accrued income | 490/1 | €29 | €30 | +€1 | +1.8% |
| Total equity and liabilities | 10/49 | €11,449 | €6,914 | -€4,535 | -39.6% |
| Equity | 10/15 | €1,150 | €1,275 | +€125 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,310 | -€19,185 | +€125 | +0.6% |
| Amounts payable | 17/49 | €10,299 | €5,639 | -€4,660 | -45.2% |
| Amounts payable within one year | 42/48 | €10,299 | €5,639 | -€4,660 | -45.2% |
| Trade debts | 44 | €4,819 | €3,107 | -€1,712 | -35.5% |
| Suppliers | 440/4 | €4,819 | €3,107 | -€1,712 | -35.5% |
| Taxes, remuneration and social security | 45 | €617 | - | -€617 | |
| Taxes | 450/3 | €617 | - | -€617 | |
| Other amounts payable | 47/48 | €4,863 | €2,532 | -€2,331 | -47.9% |
| Other operating charges | 640/8 | - | €797 | +€797 | |
| Gross operating margin | 9900 | €806 | €964 | +€158 | +19.6% |
| Operating profit (loss) | 9901 | €806 | €167 | -€639 | -79.3% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €40 | €42 | +€2 | +5.3% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €806 | €125 | -€681 | -84.5% |
| Profit (loss) for the period | 9904 | €806 | €125 | -€681 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €806 | €125 | -€681 | -84.5% |
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 9 October 2026 via checked.be.