INFO-QUEST: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
INFO-QUEST
Largest movements
- Cash +€23,209
up €23,209 (+52.4%), from €44,288 to €67,496
mainly Net result for the year (+€52,106) and Other debts (+€21,828)
- Receivables within one year +€18,766
up €18,766 (+1241.4%), from €1,512 to €20,278
of which Trade receivables: +€19,466
- Stocks and contracts +€9,360
up €9,360 (+10.6%), from €88,303 to €97,663
- Debts after one year -€40,000
down €40,000 (-53.5%), from €74,737 to €34,737
- Profit (loss) carried forward +€37,106
up €37,106, from -€9,974 to €27,133
- Other debts +€21,828
up €21,828 (+317.9%), from €6,865 to €28,693
- Reserves +€15,000
up €15,000 (+188.1%), from €7,975 to €22,975
of which Distributable reserves: +€15,000
- Tax, wage and social debts +€9,556
up €9,556 (+30.2%), from €31,596 to €41,153
of which Taxes: +€5,527
- Gross operating margin +€59,681
up €59,681 (+231.6%), from €25,769 to €85,450
- Taxes +€8,638
new in 2025: €8,638
- Staff costs -€7,231
down €7,231 (-27.5%), from €26,339 to €19,108
- Financial charges +€2,790
up €2,790 (+167.6%), from €1,664 to €4,454
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,050 | €193,959 | +€49,910 | +34.6% |
| Fixed assets | 21/28 | €8,814 | €8,513 | -€301 | -3.4% |
| Tangible fixed assets | 22/27 | €1,474 | €1,173 | -€301 | -20.4% |
| Plant, machinery and equipment | 23 | €841 | €465 | -€375 | -44.6% |
| Furniture and vehicles | 24 | €633 | €707 | +€74 | +11.7% |
| Financial fixed assets | 28 | €7,340 | €7,340 | = | 0.0% |
| Current assets | 29/58 | €135,236 | €185,447 | +€50,211 | +37.1% |
| Stocks and contracts in progress | 3 | €88,303 | €97,663 | +€9,360 | +10.6% |
| Stocks | 30/36 | €88,303 | €97,663 | +€9,360 | +10.6% |
| Amounts receivable within one year | 40/41 | €1,512 | €20,278 | +€18,766 | +1241.4% |
| Trade receivables | 40 | €566 | €20,032 | +€19,466 | +3437.1% |
| Other amounts receivable | 41 | €945 | €245 | -€700 | -74.1% |
| Cash at bank and in hand | 54/58 | €44,288 | €67,496 | +€23,209 | +52.4% |
| Deferred charges and accrued income | 490/1 | €1,134 | €10 | -€1,124 | -99.1% |
| Total equity and liabilities | 10/49 | €144,050 | €193,959 | +€49,910 | +34.6% |
| Equity | 10/15 | €16,594 | €68,700 | +€52,106 | +314.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,975 | €22,975 | +€15,000 | +188.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,116 | €21,116 | +€15,000 | +245.3% |
| Profit (loss) carried forward | 14 | -€9,974 | €27,133 | +€37,106 | |
| Amounts payable | 17/49 | €127,456 | €125,260 | -€2,197 | -1.7% |
| Amounts payable after more than one year | 17 | €74,737 | €34,737 | -€40,000 | -53.5% |
| Other amounts payable | 178/9 | €74,737 | €34,737 | -€40,000 | -53.5% |
| Amounts payable within one year | 42/48 | €52,719 | €90,522 | +€37,803 | +71.7% |
| Financial debts | 43 | €1,192 | €223 | -€970 | -81.3% |
| Credit institutions | 430/8 | €1,192 | €223 | -€970 | -81.3% |
| Trade debts | 44 | €13,065 | €20,454 | +€7,389 | +56.6% |
| Suppliers | 440/4 | €13,065 | €20,454 | +€7,389 | +56.6% |
| Taxes, remuneration and social security | 45 | €31,596 | €41,153 | +€9,556 | +30.2% |
| Taxes | 450/3 | €25,460 | €30,987 | +€5,527 | +21.7% |
| Remuneration and social security | 454/9 | €6,136 | €10,166 | +€4,030 | +65.7% |
| Other amounts payable | 47/48 | €6,865 | €28,693 | +€21,828 | +317.9% |
| Non-recurring operating income | 76A | - | €518 | +€518 | |
| Remuneration, social security and pensions | 62 | €26,339 | €19,108 | -€7,231 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €660 | €666 | +€5 | +0.8% |
| Other operating charges | 640/8 | €605 | €621 | +€17 | +2.8% |
| Gross operating margin | 9900 | €25,769 | €85,450 | +€59,681 | +231.6% |
| Operating profit (loss) | 9901 | -€1,835 | €65,055 | +€66,890 | |
| Financial income | 75/76B | €149 | €143 | -€6 | -3.8% |
| Recurring financial income | 75 | €149 | €143 | -€6 | -3.8% |
| Financial charges | 65/66B | €1,664 | €4,454 | +€2,790 | +167.6% |
| Recurring financial charges | 65 | €1,664 | €4,454 | +€2,790 | +167.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,351 | €60,744 | +€64,095 | |
| Income taxes | 67/77 | - | €8,638 | +€8,638 | |
| Profit (loss) for the period | 9904 | -€3,351 | €52,106 | +€55,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,351 | €52,106 | +€55,457 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.