ASSURANCES QUENON-AGESCOM: what changed
ASSURANCES QUENON-AGESCOM
Largest movements
- Intangible fixed assets -€38,000
down €38,000 (-11.1%), from €342,000 to €304,000
- Receivables within one year +€31,216
up €31,216 (+112%), from €27,768 to €58,984
of which Trade receivables: +€23,739
- Tangible fixed assets -€26,401
down €26,401 (-87.2%), from €30,276 to €3,875
- Cash +€18,406
up €18,406 (+44.9%), from €40,976 to €59,382
mainly Depreciation (+€39,000) and Investment in fixed assets (net) (+€25,401)
- Deferred charges and accrued income -€11,582
down €11,582 (-16.4%), from €70,752 to €59,170
- Debts after one year -€52,397
down €52,397 (-13.6%), from €384,320 to €331,923
- Reserves +€15,500
up €15,500 (+42.3%), from €36,659 to €52,159
- Tax, wage and social debts +€9,753
up €9,753 (+92.2%), from €10,582 to €20,335
of which Taxes: +€8,795
- Gross operating margin -€17,621
down €17,621 (-12.9%), from €137,036 to €119,415
- Purchases and services +€14,711
up €14,711 (+17.5%), from €83,962 to €98,673
- Depreciation -€8,345
down €8,345 (-17.6%), from €47,345 to €39,000
- Taxes -€3,669
down €3,669 (-35.5%), from €10,332 to €6,662
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 | €511,853 | €485,492 | -€26,361 | -5.2% |
| Fixed assets | 21/28 | €372,357 | €307,956 | -€64,401 | -17.3% |
| Intangible fixed assets | 21 | €342,000 | €304,000 | -€38,000 | -11.1% |
| Tangible fixed assets | 22/27 | €30,276 | €3,875 | -€26,401 | -87.2% |
| Furniture and vehicles | 24 | €30,276 | €3,875 | -€26,401 | -87.2% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €139,496 | €177,536 | +€38,040 | +27.3% |
| Amounts receivable within one year | 40/41 | €27,768 | €58,984 | +€31,216 | +112% |
| Trade receivables | 40 | €12,427 | €36,167 | +€23,739 | +191% |
| Other amounts receivable | 41 | €15,341 | €22,818 | +€7,477 | +48.7% |
| Cash at bank and in hand | 54/58 | €40,976 | €59,382 | +€18,406 | +44.9% |
| Deferred charges and accrued income | 490/1 | €70,752 | €59,170 | -€11,582 | -16.4% |
| Total equity and liabilities | 10/49 | €511,853 | €485,492 | -€26,361 | -5.2% |
| Equity | 10/15 | €57,465 | €73,023 | +€15,558 | +27.1% |
| Contributions | 10/11 | €20,609 | €20,609 | = | 0.0% |
| Reserves | 13 | €36,659 | €52,159 | +€15,500 | +42.3% |
| Distributable reserves | 133 | €36,659 | €52,159 | +€15,500 | +42.3% |
| Profit (loss) carried forward | 14 | €197 | €255 | +€58 | +29.5% |
| Amounts payable | 17/49 | €454,389 | €412,469 | -€41,919 | -9.2% |
| Amounts payable after more than one year | 17 | €384,320 | €331,923 | -€52,397 | -13.6% |
| Financial debts | 170/4 | €384,320 | €331,923 | -€52,397 | -13.6% |
| Amounts payable within one year | 42/48 | €70,042 | €80,546 | +€10,505 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €52,397 | €52,397 | = | 0.0% |
| Trade debts | 44 | €7,062 | €7,814 | +€752 | +10.6% |
| Suppliers | 440/4 | €7,062 | €7,814 | +€752 | +10.6% |
| Taxes, remuneration and social security | 45 | €10,582 | €20,335 | +€9,753 | +92.2% |
| Taxes | 450/3 | €2,850 | €11,645 | +€8,795 | +309% |
| Remuneration and social security | 454/9 | €7,732 | €8,690 | +€958 | +12.4% |
| Accrued charges and deferred income | 492/3 | €27 | - | -€27 | |
| Turnover | 70 | €210,646 | €210,223 | -€422 | -0.2% |
| Non-recurring operating income | 76A | - | €215 | +€215 | |
| Goods, raw materials, services and sundry goods | 60/61 | €83,962 | €98,673 | +€14,711 | +17.5% |
| Remuneration, social security and pensions | 62 | €37,646 | €36,645 | -€1,001 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,345 | €39,000 | -€8,345 | -17.6% |
| Other operating charges | 640/8 | €1,150 | €1,230 | +€79 | +6.9% |
| Non-recurring operating charges | 66A | €245 | €6,761 | +€6,516 | +2,655% |
| Gross operating margin | 9900 | €137,036 | €119,415 | -€17,621 | -12.9% |
| Operating profit (loss) | 9901 | €50,649 | €35,778 | -€14,871 | -29.4% |
| Financial income | 75/76B | €29 | €226 | +€198 | +686% |
| Recurring financial income | 75 | €29 | €226 | +€198 | +686% |
| Financial charges | 65/66B | €15,148 | €13,784 | -€1,364 | -9.0% |
| Recurring financial charges | 65 | €15,148 | €13,784 | -€1,364 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €35,530 | €22,220 | -€13,309 | -37.5% |
| Income taxes | 67/77 | €10,332 | €6,662 | -€3,669 | -35.5% |
| Profit (loss) for the period | 9904 | €25,198 | €15,558 | -€9,640 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,198 | €15,558 | -€9,640 | -38.3% |
Next steps
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 8 November 2026 via checked.be.