T & Q PRODUCTION: 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 PRODUCTION
Largest movements
- Stocks and contracts -€2,500
no longer reported in 2025 (was €2,500)
- Cash +€1,024
up €1,024 (+52.1%), from €1,964 to €2,987
mainly Net result for the year (+€12,387) and Stocks and contracts (+€2,500)
- Profit (loss) carried forward +€12,387
new in 2025: €12,387
- Tax, wage and social debts -€11,542
down €11,542 (-96.0%), from €12,028 to €486
of which Remuneration and social security: -€9,690
- Trade debts -€2,901
down €2,901 (-30.5%), from €9,511 to €6,610
- Staff costs -€25,331
down €25,331 (-94.1%), from €26,909 to €1,578
- Gross operating margin -€5,682
down €5,682 (-26.6%), from €21,345 to €15,663
- Financial charges -€888
down €888 (-68.6%), from €1,295 to €407
- Other operating charges -€397
down €397 (-49.8%), from €797 to €400
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 | €56,098 | €53,970 | -€2,128 | -3.8% |
| Fixed assets | 21/28 | €300 | - | -€300 | |
| Intangible fixed assets | 21 | €300 | - | -€300 | |
| Current assets | 29/58 | €55,798 | €53,970 | -€1,828 | -3.3% |
| Stocks and contracts in progress | 3 | €2,500 | - | -€2,500 | |
| Stocks | 30/36 | €2,500 | - | -€2,500 | |
| Amounts receivable within one year | 40/41 | €50,912 | €50,982 | +€71 | +0.1% |
| Trade receivables | 40 | €44,477 | €45,427 | +€950 | +2.1% |
| Other amounts receivable | 41 | €6,434 | €5,555 | -€879 | -13.7% |
| Cash at bank and in hand | 54/58 | €1,964 | €2,987 | +€1,024 | +52.1% |
| Deferred charges and accrued income | 490/1 | €422 | - | -€422 | |
| Total equity and liabilities | 10/49 | €56,098 | €53,970 | -€2,128 | -3.8% |
| Equity | 10/15 | €22,000 | €34,387 | +€12,387 | +56.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €12,387 | +€12,387 | |
| Amounts payable | 17/49 | €34,098 | €19,583 | -€14,515 | -42.6% |
| Amounts payable within one year | 42/48 | €34,098 | €19,583 | -€14,515 | -42.6% |
| Trade debts | 44 | €9,511 | €6,610 | -€2,901 | -30.5% |
| Suppliers | 440/4 | €9,511 | €6,610 | -€2,901 | -30.5% |
| Taxes, remuneration and social security | 45 | €12,028 | €486 | -€11,542 | -96.0% |
| Taxes | 450/3 | €2,339 | €486 | -€1,853 | -79.2% |
| Remuneration and social security | 454/9 | €9,690 | - | -€9,690 | |
| Other amounts payable | 47/48 | €12,559 | €12,487 | -€72 | -0.6% |
| Remuneration, social security and pensions | 62 | €26,909 | €1,578 | -€25,331 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €797 | €400 | -€397 | -49.8% |
| Non-recurring operating charges | 66A | €195 | €597 | +€402 | +206% |
| Gross operating margin | 9900 | €21,345 | €15,663 | -€5,682 | -26.6% |
| Operating profit (loss) | 9901 | -€6,856 | €12,788 | +€19,644 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +9,933% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +9,933% |
| Financial charges | 65/66B | €1,295 | €407 | -€888 | -68.6% |
| Recurring financial charges | 65 | €1,295 | €407 | -€888 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,151 | €12,387 | +€20,538 | |
| Profit (loss) for the period | 9904 | -€8,151 | €12,387 | +€20,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,151 | €12,387 | +€20,538 |
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 29 October 2026 via checked.be.