QHAM: what changed
QHAM
Largest movements
- Cash +€27,944
up €27,944 (+304%), from €9,185 to €37,129
mainly Net result for the year (+€47,830) and Tax, wage and social debts (+€44,128)
- Receivables within one year -€6,589
down €6,589 (-6.7%), from €98,938 to €92,349
of which Other amounts receivable: -€8,379
- Profit (loss) carried forward -€59,692
down €59,692 (-95.5%), from €62,522 to €2,830
- Tax, wage and social debts +€44,128
up €44,128 (+136%), from €32,425 to €76,553
of which Taxes: +€59,808
- Other debts +€38,250
up €38,250 (+22,078%), from €173 to €38,423
- Trade debts -€2,547
down €2,547 (-49.5%), from €5,151 to €2,604
- Gross operating margin +€22,985
up €22,985 (+54.8%), from €41,953 to €64,939
- Taxes +€4,440
up €4,440 (+45.6%), from €9,731 to €14,171
Change in the result, 2021 to 2022
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 2021 and 2022 balance sheets and the 2022 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 | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,735 | €141,264 | +€20,530 | +17.0% |
| Fixed assets | 21/28 | €12,612 | €11,514 | -€1,098 | -8.7% |
| Tangible fixed assets | 22/27 | €3,612 | €2,511 | -€1,100 | -30.5% |
| Furniture and vehicles | 24 | €3,612 | €2,511 | -€1,100 | -30.5% |
| Financial fixed assets | 28 | €9,000 | €9,003 | +€3 | 0.0% |
| Current assets | 29/58 | €108,123 | €129,750 | +€21,627 | +20.0% |
| Amounts receivable within one year | 40/41 | €98,938 | €92,349 | -€6,589 | -6.7% |
| Trade receivables | 40 | €0 | €1,790 | +€1,790 | |
| Other amounts receivable | 41 | €98,938 | €90,559 | -€8,379 | -8.5% |
| Cash at bank and in hand | 54/58 | €9,185 | €37,129 | +€27,944 | +304% |
| Deferred charges and accrued income | 490/1 | - | €272 | +€272 | |
| Total equity and liabilities | 10/49 | €120,735 | €141,264 | +€20,530 | +17.0% |
| Equity | 10/15 | €82,982 | €23,290 | -€59,692 | -71.9% |
| 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 | €62,522 | €2,830 | -€59,692 | -95.5% |
| Amounts payable | 17/49 | €37,752 | €117,974 | +€80,222 | +212% |
| Amounts payable within one year | 42/48 | €37,750 | €117,580 | +€79,830 | +211% |
| Trade debts | 44 | €5,151 | €2,604 | -€2,547 | -49.5% |
| Suppliers | 440/4 | €5,151 | €2,604 | -€2,547 | -49.5% |
| Taxes, remuneration and social security | 45 | €32,425 | €76,553 | +€44,128 | +136% |
| Taxes | 450/3 | €16,745 | €76,553 | +€59,808 | +357% |
| Remuneration and social security | 454/9 | €15,680 | - | -€15,680 | |
| Other amounts payable | 47/48 | €173 | €38,423 | +€38,250 | +22,078% |
| Accrued charges and deferred income | 492/3 | €3 | €394 | +€392 | +15,551% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €927 | €1,100 | +€173 | +18.7% |
| Other operating charges | 640/8 | €1,044 | €1,418 | +€374 | +35.8% |
| Gross operating margin | 9900 | €41,953 | €64,939 | +€22,985 | +54.8% |
| Operating profit (loss) | 9901 | €39,982 | €62,420 | +€22,438 | +56.1% |
| Financial income | 75/76B | €297 | €297 | = | 0.0% |
| Recurring financial income | 75 | €297 | €297 | = | 0.0% |
| Financial charges | 65/66B | €608 | €715 | +€107 | +17.7% |
| Recurring financial charges | 65 | €608 | €715 | +€107 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €39,671 | €62,001 | +€22,331 | +56.3% |
| Income taxes | 67/77 | €9,731 | €14,171 | +€4,440 | +45.6% |
| Profit (loss) for the period | 9904 | €29,939 | €47,830 | +€17,891 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,939 | €47,830 | +€17,891 | +59.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.