INQUEST BELGIË: what changed
Two financial 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.
INQUEST BELGIË
Largest movements
- Cash -€55,964
down €55,964 (-85.4%), from €65,506 to €9,542
mainly Trade debts (-€156,118) and Receivables within one year (-€9,354)
- Receivables within one year +€9,354
up €9,354 (+1.7%), from €559,571 to €568,926
of which Trade receivables: +€27,419
- Trade debts -€156,118
down €156,118 (-53.2%), from €293,306 to €137,188
- Other debts +€119,751
up €119,751, from €0 to €119,751
- Reserves -€6,705
down €6,705 (-28.5%), from €23,495 to €16,791
- Staff costs -€32,594
down €32,594 (-14.9%), from €218,623 to €186,029
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.
Derived cash bridge
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 | €631,921 | €585,208 | -€46,713 | -7.4% |
| Fixed assets | 21/28 | €4,765 | €4,460 | -€306 | -6.4% |
| Intangible fixed assets | 21 | €1,631 | €1,427 | -€204 | -12.5% |
| Tangible fixed assets | 22/27 | €164 | €62 | -€102 | -62.0% |
| Furniture and vehicles | 24 | €164 | €62 | -€102 | -62.0% |
| Financial fixed assets | 28 | €2,970 | €2,970 | = | 0.0% |
| Current assets | 29/58 | €627,156 | €580,748 | -€46,407 | -7.4% |
| Amounts receivable within one year | 40/41 | €559,571 | €568,926 | +€9,354 | +1.7% |
| Trade receivables | 40 | €541,507 | €568,926 | +€27,419 | +5.1% |
| Other amounts receivable | 41 | €18,064 | €0 | -€18,064 | -100% |
| Cash at bank and in hand | 54/58 | €65,506 | €9,542 | -€55,964 | -85.4% |
| Deferred charges and accrued income | 490/1 | €2,079 | €2,281 | +€202 | +9.7% |
| Total equity and liabilities | 10/49 | €631,921 | €585,208 | -€46,713 | -7.4% |
| Equity | 10/15 | €263,495 | €256,791 | -€6,705 | -2.5% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Reserves | 13 | €23,495 | €16,791 | -€6,705 | -28.5% |
| Distributable reserves | 133 | €23,495 | €16,791 | -€6,705 | -28.5% |
| Amounts payable | 17/49 | €368,426 | €328,417 | -€40,008 | -10.9% |
| Amounts payable within one year | 42/48 | €368,426 | €328,417 | -€40,008 | -10.9% |
| Trade debts | 44 | €293,306 | €137,188 | -€156,118 | -53.2% |
| Suppliers | 440/4 | €293,306 | €137,188 | -€156,118 | -53.2% |
| Advances received on contracts in progress | 46 | €22,422 | €22,422 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €52,698 | €49,056 | -€3,641 | -6.9% |
| Taxes | 450/3 | €28,302 | €25,725 | -€2,577 | -9.1% |
| Remuneration and social security | 454/9 | €24,396 | €23,331 | -€1,065 | -4.4% |
| Other amounts payable | 47/48 | €0 | €119,751 | +€119,751 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €218,623 | €186,029 | -€32,594 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €306 | = | 0.0% |
| Other operating charges | 640/8 | €2,093 | €1,557 | -€536 | -25.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €184,723 | €184,236 | -€488 | -0.3% |
| Operating profit (loss) | 9901 | -€36,299 | -€3,656 | +€32,643 | +89.9% |
| Financial income | 75/76B | €399 | €13 | -€385 | -96.7% |
| Recurring financial income | 75 | €399 | €13 | -€385 | -96.7% |
| Financial charges | 65/66B | €2,724 | €2,833 | +€109 | +4.0% |
| Recurring financial charges | 65 | €2,724 | €2,833 | +€109 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,624 | -€6,476 | +€32,148 | +83.2% |
| Income taxes | 67/77 | -€343 | €229 | +€572 | |
| Profit (loss) for the period | 9904 | -€38,281 | -€6,705 | +€31,576 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,281 | -€6,705 | +€31,576 | +82.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.