CORQUEST MEDICAL: what changed
CORQUEST MEDICAL
Largest movements
- Tangible fixed assets -€29,081
down €29,081 (-10.2%), from €285,181 to €256,100
of which Furniture and vehicles: -€17,073
- Cash +€22,009
up €22,009 (+80.3%), from €27,415 to €49,424
mainly Net result for the year (+€19,595) and Deferred charges and accrued income (+€17,000)
- Deferred charges and accrued income -€17,000
down €17,000 (-77.3%), from €22,000 to €5,000
- Debts after one year -€34,856
down €34,856 (-92.2%), from €37,790 to €2,934
- Profit (loss) carried forward +€19,595
up €19,595 (+40.4%), from €48,529 to €68,125
- Tax, wage and social debts -€10,125
down €10,125 (-23.2%), from €43,712 to €33,587
- Gross operating margin -€45,663
down €45,663 (-45.1%), from €101,203 to €55,540
- Taxes -€15,344
down €15,344 (-65.4%), from €23,446 to €8,102
- Depreciation -€2,092
down €2,092 (-12.9%), from €16,243 to €14,151
- Other operating charges +€1,555
up €1,555 (+48.9%), from €3,183 to €4,738
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 | €355,258 | €331,186 | -€24,072 | -6.8% |
| Fixed assets | 21/28 | €285,181 | €256,100 | -€29,081 | -10.2% |
| Tangible fixed assets | 22/27 | €285,181 | €256,100 | -€29,081 | -10.2% |
| Land and buildings | 22 | €247,163 | €238,875 | -€8,288 | -3.4% |
| Plant, machinery and equipment | 23 | €18,189 | €14,468 | -€3,721 | -20.5% |
| Furniture and vehicles | 24 | €19,830 | €2,757 | -€17,073 | -86.1% |
| Current assets | 29/58 | €70,077 | €75,086 | +€5,009 | +7.1% |
| Amounts receivable within one year | 40/41 | €20,662 | €20,662 | = | 0.0% |
| Trade receivables | 40 | €2,662 | €2,662 | = | 0.0% |
| Other amounts receivable | 41 | €18,000 | €18,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,415 | €49,424 | +€22,009 | +80.3% |
| Deferred charges and accrued income | 490/1 | €22,000 | €5,000 | -€17,000 | -77.3% |
| Total equity and liabilities | 10/49 | €355,258 | €331,186 | -€24,072 | -6.8% |
| Equity | 10/15 | €141,529 | €161,125 | +€19,595 | +13.8% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,529 | €68,125 | +€19,595 | +40.4% |
| Amounts payable | 17/49 | €213,729 | €170,061 | -€43,668 | -20.4% |
| Amounts payable after more than one year | 17 | €37,790 | €2,934 | -€34,856 | -92.2% |
| Financial debts | 170/4 | €37,790 | €2,934 | -€34,856 | -92.2% |
| Amounts payable within one year | 42/48 | €175,939 | €167,128 | -€8,812 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €34,219 | €34,856 | +€637 | +1.9% |
| Taxes, remuneration and social security | 45 | €43,712 | €33,587 | -€10,125 | -23.2% |
| Taxes | 450/3 | €43,712 | €33,587 | -€10,125 | -23.2% |
| Other amounts payable | 47/48 | €98,008 | €98,685 | +€677 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,243 | €14,151 | -€2,092 | -12.9% |
| Other operating charges | 640/8 | €3,183 | €4,738 | +€1,555 | +48.9% |
| Gross operating margin | 9900 | €101,203 | €55,540 | -€45,663 | -45.1% |
| Operating profit (loss) | 9901 | €81,777 | €36,651 | -€45,126 | -55.2% |
| Financial charges | 65/66B | €9,802 | €8,954 | -€848 | -8.7% |
| Recurring financial charges | 65 | €9,802 | €8,954 | -€848 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €71,976 | €27,697 | -€44,278 | -61.5% |
| Income taxes | 67/77 | €23,446 | €8,102 | -€15,344 | -65.4% |
| Profit (loss) for the period | 9904 | €48,529 | €19,595 | -€28,934 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,529 | €19,595 | -€28,934 | -59.6% |
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 3 November 2026 via checked.be.