YE-QIU: 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.
YE-QIU
Largest movements
- Cash +€49,998
up €49,998 (+295%), from €16,946 to €66,944
mainly Net result for the year (+€54,681) and Tax, wage and social debts (+€16,447)
- Tangible fixed assets -€4,798
down €4,798 (-17.1%), from €28,092 to €23,294
of which Plant, machinery and equipment: -€2,846
- Stocks and contracts +€3,610
up €3,610 (+39.2%), from €9,213 to €12,823
- Profit (loss) carried forward +€54,681
up €54,681, from -€6,044 to €48,637
- Other debts -€28,405
down €28,405 (-56.7%), from €50,136 to €21,731
- Tax, wage and social debts +€16,447
up €16,447 (+125%), from €13,117 to €29,564
of which Taxes: +€8,565
- Trade debts +€5,991
up €5,991 (+165%), from €3,624 to €9,615
- Gross operating margin +€99,234
up €99,234 (+191%), from €51,935 to €151,169
- Staff costs +€22,022
up €22,022 (+42.5%), from €51,875 to €73,897
- Taxes +€11,195
new in 2025: €11,195
- Depreciation +€3,355
up €3,355 (+137%), from €2,443 to €5,798
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 | €63,833 | €112,547 | +€48,714 | +76.3% |
| Fixed assets | 21/28 | €37,508 | €31,709 | -€5,798 | -15.5% |
| Intangible fixed assets | 21 | €9,415 | €8,415 | -€1,000 | -10.6% |
| Tangible fixed assets | 22/27 | €28,092 | €23,294 | -€4,798 | -17.1% |
| Plant, machinery and equipment | 23 | €18,042 | €15,196 | -€2,846 | -15.8% |
| Furniture and vehicles | 24 | €10,050 | €8,097 | -€1,953 | -19.4% |
| Current assets | 29/58 | €26,326 | €80,838 | +€54,512 | +207% |
| Stocks and contracts in progress | 3 | €9,213 | €12,823 | +€3,610 | +39.2% |
| Stocks | 30/36 | €9,213 | €12,823 | +€3,610 | +39.2% |
| Amounts receivable within one year | 40/41 | €167 | - | -€167 | |
| Trade receivables | 40 | €167 | - | -€167 | |
| Cash at bank and in hand | 54/58 | €16,946 | €66,944 | +€49,998 | +295% |
| Deferred charges and accrued income | 490/1 | - | €1,071 | +€1,071 | |
| Total equity and liabilities | 10/49 | €63,833 | €112,547 | +€48,714 | +76.3% |
| Equity | 10/15 | -€3,044 | €51,637 | +€54,681 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,044 | €48,637 | +€54,681 | |
| Amounts payable | 17/49 | €66,877 | €60,910 | -€5,967 | -8.9% |
| Amounts payable within one year | 42/48 | €66,877 | €60,910 | -€5,967 | -8.9% |
| Trade debts | 44 | €3,624 | €9,615 | +€5,991 | +165% |
| Suppliers | 440/4 | €3,624 | €9,615 | +€5,991 | +165% |
| Taxes, remuneration and social security | 45 | €13,117 | €29,564 | +€16,447 | +125% |
| Taxes | 450/3 | €6,288 | €14,853 | +€8,565 | +136% |
| Remuneration and social security | 454/9 | €6,829 | €14,711 | +€7,882 | +115% |
| Other amounts payable | 47/48 | €50,136 | €21,731 | -€28,405 | -56.7% |
| Remuneration, social security and pensions | 62 | €51,875 | €73,897 | +€22,022 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,443 | €5,798 | +€3,355 | +137% |
| Other operating charges | 640/8 | €3,629 | €4,121 | +€492 | +13.6% |
| Gross operating margin | 9900 | €51,935 | €151,169 | +€99,234 | +191% |
| Operating profit (loss) | 9901 | -€6,012 | €67,352 | +€73,364 | |
| Financial income | 75/76B | €4 | €1 | -€3 | -74.5% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -74.5% |
| Financial charges | 65/66B | €36 | €1,477 | +€1,441 | +3,987% |
| Recurring financial charges | 65 | €36 | €1,477 | +€1,441 | +3,987% |
| Profit (loss) for the period before taxes | 9903 | -€6,044 | €65,876 | +€71,920 | |
| Income taxes | 67/77 | - | €11,195 | +€11,195 | |
| Profit (loss) for the period | 9904 | -€6,044 | €54,681 | +€60,725 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,044 | €54,681 | +€60,725 |
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 14 October 2026 via checked.be.