Frederik Quayhackx Expertise: what changed
What changed
Frederik Quayhackx Expertise
NACE 71.209, Other technical testing and analysis
filed annual accounts (NBB)
Net result for the year
€22,983
2024 · €19,269+€3,714
Equity
€95,675
2024 · €85,589+€10,086
Cash
€82,939
2024 · €81,554+€1,385
Balance sheet total
€154,228
2024 · €126,662+€27,566
Largest movements
Assets
- Tangible fixed assets +€24,345
up €24,345 (+64.3%), from €37,882 to €62,227
of which Furniture and vehicles: +€23,582
- Receivables within one year +€1,686
up €1,686 (+23.3%), from €7,226 to €8,912
Equity and liabilities
- Debts after one year +€17,748
up €17,748 (+309%), from €5,745 to €23,492
- Other debts +€15,137
up €15,137 (+1,558%), from €971 to €16,109
- Tax, wage and social debts -€12,059
down €12,059 (-52.1%), from €23,124 to €11,065
of which Taxes: -€10,051
- Reserves +€10,086
up €10,086 (+13.7%), from €73,589 to €83,675
- Current portion of long-term debt -€1,715
down €1,715 (-17.9%), from €9,601 to €7,886
Income statement
- Depreciation -€9,620
down €9,620 (-68.2%), from €14,115 to €4,494
- Gross operating margin -€6,697
down €6,697 (-14.4%), from €46,468 to €39,770
- Taxes -€752
down €752 (-6.8%), from €11,003 to €10,251
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.
Result 2024
€19,269
Gross operating margin
-€6,697
Depreciation
+€9,620
Other operating charges
-€17
Financial income
+€50
Financial charges
+€7
Taxes
+€752
Result 2025
€22,983
raises the resultlowers the result
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.
From operations
+€27,089
Investment
-€28,839
Financing
+€3,136
Cash 2024
€81,554
From operations (derived)
+€27,089
Net result for the year
+€22,983
Depreciation
+€4,494
Receivables within one year
-€1,686
Deferred charges and accrued income
-€150
Trade debts
-€1,632
Tax, wage and social debts
-€12,059
Other debts
+€15,137
Investment (derived)
-€28,839
Investment in fixed assets (net)
-€28,839
Financing
+€3,136
Debts after one year
+€17,748
Current portion of long-term debt
-€1,715
Contributions, distributions and other
-€12,897
Cash 2025
€82,939
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,662 | €154,228 | +€27,566 | +21.8% |
| Fixed assets | 21/28 | €37,882 | €62,227 | +€24,345 | +64.3% |
| Tangible fixed assets | 22/27 | €37,882 | €62,227 | +€24,345 | +64.3% |
| Plant, machinery and equipment | 23 | - | €763 | +€763 | |
| Furniture and vehicles | 24 | €37,882 | €61,464 | +€23,582 | +62.3% |
| Current assets | 29/58 | €88,780 | €92,001 | +€3,221 | +3.6% |
| Amounts receivable within one year | 40/41 | €7,226 | €8,912 | +€1,686 | +23.3% |
| Trade receivables | 40 | €7,226 | €8,912 | +€1,686 | +23.3% |
| Cash at bank and in hand | 54/58 | €81,554 | €82,939 | +€1,385 | +1.7% |
| Deferred charges and accrued income | 490/1 | - | €150 | +€150 | |
| Total equity and liabilities | 10/49 | €126,662 | €154,228 | +€27,566 | +21.8% |
| Equity | 10/15 | €85,589 | €95,675 | +€10,086 | +11.8% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €73,589 | €83,675 | +€10,086 | +13.7% |
| Distributable reserves | 133 | €73,589 | €83,675 | +€10,086 | +13.7% |
| Amounts payable | 17/49 | €41,073 | €58,553 | +€17,480 | +42.6% |
| Amounts payable after more than one year | 17 | €5,745 | €23,492 | +€17,748 | +309% |
| Financial debts | 170/4 | €5,745 | €23,492 | +€17,748 | +309% |
| Amounts payable within one year | 42/48 | €35,328 | €35,060 | -€268 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €9,601 | €7,886 | -€1,715 | -17.9% |
| Trade debts | 44 | €1,632 | - | -€1,632 | |
| Suppliers | 440/4 | €1,632 | - | -€1,632 | |
| Taxes, remuneration and social security | 45 | €23,124 | €11,065 | -€12,059 | -52.1% |
| Taxes | 450/3 | €21,116 | €11,065 | -€10,051 | -47.6% |
| Remuneration and social security | 454/9 | €2,008 | - | -€2,008 | |
| Other amounts payable | 47/48 | €971 | €16,109 | +€15,137 | +1,558% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,115 | €4,494 | -€9,620 | -68.2% |
| Other operating charges | 640/8 | €1,255 | €1,272 | +€17 | +1.4% |
| Gross operating margin | 9900 | €46,468 | €39,770 | -€6,697 | -14.4% |
| Operating profit (loss) | 9901 | €31,098 | €34,004 | +€2,906 | +9.3% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €826 | €820 | -€7 | -0.8% |
| Recurring financial charges | 65 | €826 | €820 | -€7 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €30,272 | €33,234 | +€2,962 | +9.8% |
| Income taxes | 67/77 | €11,003 | €10,251 | -€752 | -6.8% |
| Profit (loss) for the period | 9904 | €19,269 | €22,983 | +€3,714 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,269 | €22,983 | +€3,714 | +19.3% |
Next steps
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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 2 November 2026 via checked.be.