XQTING: what changed
What changed
XQTING
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€117,301
2024 · €210,449-€93,149
Equity
€600,182
2024 · €487,881+€112,301
Cash
€363,086
2024 · €496,333-€133,248
Balance sheet total
€987,273
2024 · €862,510+€124,764
Largest movements
Assets
- Current investments +€300,000
new in 2025: €300,000
- Cash -€133,248
down €133,248 (-26.8%), from €496,333 to €363,086
mainly Current investments (-€300,000) and Investment in fixed assets (net) (-€32,002)
- Receivables within one year -€34,413
down €34,413 (-13.1%), from €262,296 to €227,883
of which Other amounts receivable: -€92,838
- Tangible fixed assets -€11,864
down €11,864 (-14.6%), from €81,420 to €69,556
Equity and liabilities
- Profit (loss) carried forward +€112,301
up €112,301 (+26.7%), from €420,105 to €532,405
- Tax, wage and social debts +€10,344
up €10,344 (+14.3%), from €72,508 to €82,851
of which Remuneration and social security: +€9,051
Income statement
- Gross operating margin -€198,802
down €198,802 (-24.0%), from €828,004 to €629,202
- Staff costs -€60,659
down €60,659 (-12.5%), from €487,179 to €426,521
- Taxes -€22,361
down €22,361 (-31.4%), from €71,314 to €48,953
- Depreciation +€16,603
up €16,603 (+60.9%), from €27,263 to €43,866
- Financial income +€16,238
up €16,238 (+520,453%), from €3 to €16,241
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.
Result 2024
€210,449
Gross operating margin
-€198,802
Staff costs
+€60,659
Depreciation
-€16,603
Other operating charges
+€572
Other operating items
+€21,740
Financial income
+€16,238
Financial charges
+€686
Taxes
+€22,361
Result 2025
€117,301
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€201,868
Investment
-€332,002
Financing
-€3,114
Cash 2024
€496,333
From operations (derived)
+€201,868
Net result for the year
+€117,301
Depreciation
+€43,866
Receivables within one year
+€34,413
Deferred charges and accrued income
-€4,288
Trade debts
+€6,129
Tax, wage and social debts
+€10,344
Other debts
-€583
Accrued charges and deferred income
-€5,312
Investment (derived)
-€332,002
Investment in fixed assets (net)
-€32,002
Current investments
-€300,000
Financing
-€3,114
Debts after one year
-€3,297
Current portion of long-term debt
+€5,184
Contributions, distributions and other
-€5,000
Cash 2025
€363,086
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €862,510 | €987,273 | +€124,764 | +14.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €81,420 | €69,556 | -€11,864 | -14.6% |
| Tangible fixed assets | 22/27 | €81,420 | €69,556 | -€11,864 | -14.6% |
| Plant, machinery and equipment | 23 | €11,629 | €10,008 | -€1,620 | -13.9% |
| Furniture and vehicles | 24 | €6,154 | €1,340 | -€4,814 | -78.2% |
| Leasing and similar rights | 25 | €63,637 | €58,207 | -€5,430 | -8.5% |
| Current assets | 29/58 | €781,090 | €917,718 | +€136,628 | +17.5% |
| Amounts receivable within one year | 40/41 | €262,296 | €227,883 | -€34,413 | -13.1% |
| Trade receivables | 40 | €135,077 | €193,502 | +€58,425 | +43.3% |
| Other amounts receivable | 41 | €127,219 | €34,381 | -€92,838 | -73.0% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €496,333 | €363,086 | -€133,248 | -26.8% |
| Deferred charges and accrued income | 490/1 | €22,461 | €26,749 | +€4,288 | +19.1% |
| Total equity and liabilities | 10/49 | €862,510 | €987,273 | +€124,764 | +14.5% |
| Equity | 10/15 | €487,881 | €600,182 | +€112,301 | +23.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €7,777 | €7,777 | = | 0.0% |
| Distributable reserves | 133 | €7,777 | €7,777 | = | 0.0% |
| Profit (loss) carried forward | 14 | €420,105 | €532,405 | +€112,301 | +26.7% |
| Amounts payable | 17/49 | €374,628 | €387,091 | +€12,463 | +3.3% |
| Amounts payable after more than one year | 17 | €38,285 | €34,987 | -€3,297 | -8.6% |
| Financial debts | 170/4 | €38,285 | €34,987 | -€3,297 | -8.6% |
| Amounts payable within one year | 42/48 | €251,409 | €272,482 | +€21,073 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €21,307 | €26,490 | +€5,184 | +24.3% |
| Trade debts | 44 | €151,881 | €158,010 | +€6,129 | +4.0% |
| Suppliers | 440/4 | €151,881 | €158,010 | +€6,129 | +4.0% |
| Taxes, remuneration and social security | 45 | €72,508 | €82,851 | +€10,344 | +14.3% |
| Taxes | 450/3 | €15,503 | €16,795 | +€1,292 | +8.3% |
| Remuneration and social security | 454/9 | €57,005 | €66,056 | +€9,051 | +15.9% |
| Other amounts payable | 47/48 | €5,714 | €5,130 | -€583 | -10.2% |
| Accrued charges and deferred income | 492/3 | €84,934 | €79,622 | -€5,312 | -6.3% |
| Remuneration, social security and pensions | 62 | €487,179 | €426,521 | -€60,659 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,263 | €43,866 | +€16,603 | +60.9% |
| Other operating charges | 640/8 | €6,405 | €5,833 | -€572 | -8.9% |
| Non-recurring operating charges | 66A | €21,740 | - | -€21,740 | |
| Gross operating margin | 9900 | €828,004 | €629,202 | -€198,802 | -24.0% |
| Operating profit (loss) | 9901 | €285,417 | €152,983 | -€132,434 | -46.4% |
| Financial income | 75/76B | €3 | €16,241 | +€16,238 | +520,453% |
| Recurring financial income | 75 | €3 | €16,241 | +€16,238 | +520,453% |
| Financial charges | 65/66B | €3,657 | €2,971 | -€686 | -18.8% |
| Recurring financial charges | 65 | €3,657 | €2,971 | -€686 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €281,763 | €166,253 | -€115,510 | -41.0% |
| Income taxes | 67/77 | €71,314 | €48,953 | -€22,361 | -31.4% |
| Profit (loss) for the period | 9904 | €210,449 | €117,301 | -€93,149 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €210,449 | €117,301 | -€93,149 | -44.3% |
Next steps
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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 3 November 2026 via checked.be.