QUALITY CONSTRUCT: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
QUALITY CONSTRUCT
Largest movements
- Current investments +€13,499
up €13,499 (+5.4%), from €251,997 to €265,496
- Tangible fixed assets -€11,763
down €11,763 (-6.5%), from €179,684 to €167,920
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,874
down €3,874 (-34.0%), from €11,393 to €7,520
- Taxes -€1,035
down €1,035 (-98.7%), from €1,049 to €14
- Financial income +€546
up €546 (+10.6%), from €5,139 to €5,685
- Other operating charges -€369
down €369 (-23.0%), from €1,609 to €1,240
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €546,593 | €546,635 | +€41 | 0.0% |
| Fixed assets | 21/28 | €179,684 | €167,920 | -€11,763 | -6.5% |
| Tangible fixed assets | 22/27 | €179,684 | €167,920 | -€11,763 | -6.5% |
| Land and buildings | 22 | €179,684 | €167,920 | -€11,763 | -6.5% |
| Current assets | 29/58 | €366,910 | €378,714 | +€11,805 | +3.2% |
| Amounts receivable within one year | 40/41 | €727 | €1,692 | +€965 | +133% |
| Other amounts receivable | 41 | €727 | €1,692 | +€965 | +133% |
| Current investments | 50/53 | €251,997 | €265,496 | +€13,499 | +5.4% |
| Cash at bank and in hand | 54/58 | €114,186 | €111,526 | -€2,659 | -2.3% |
| Total equity and liabilities | 10/49 | €546,593 | €546,635 | +€41 | 0.0% |
| Equity | 10/15 | €310,748 | €310,790 | +€41 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €292,148 | €292,190 | +€41 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €290,288 | €290,330 | +€41 | 0.0% |
| Amounts payable | 17/49 | €235,845 | €235,845 | = | 0.0% |
| Amounts payable within one year | 42/48 | €235,845 | €235,845 | = | 0.0% |
| Other amounts payable | 47/48 | €235,845 | €235,845 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,763 | €11,763 | = | 0.0% |
| Other operating charges | 640/8 | €1,609 | €1,240 | -€369 | -23.0% |
| Gross operating margin | 9900 | €11,393 | €7,520 | -€3,874 | -34.0% |
| Operating profit (loss) | 9901 | -€1,979 | -€5,483 | -€3,504 | -177% |
| Financial income | 75/76B | €5,139 | €5,685 | +€546 | +10.6% |
| Recurring financial income | 75 | €5,139 | €5,685 | +€546 | +10.6% |
| Financial charges | 65/66B | €136 | €147 | +€11 | +8.2% |
| Recurring financial charges | 65 | €136 | €147 | +€11 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €3,024 | €55 | -€2,969 | -98.2% |
| Income taxes | 67/77 | €1,049 | €14 | -€1,035 | -98.7% |
| Profit (loss) for the period | 9904 | €1,976 | €41 | -€1,934 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,976 | €41 | -€1,934 | -97.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.