LE QUESNOY: 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.
LE QUESNOY
Largest movements
- Tangible fixed assets +€134,020
up €134,020 (+14.7%), from €909,703 to €1.0m
of which Land and buildings: +€108,343
- Cash +€79,490
up €79,490 (+11.7%), from €680,969 to €760,459
mainly Net result for the year (+€299,032) and Depreciation (+€82,811)
- Reserves +€298,000
up €298,000 (+28.0%), from €1.1m to €1.4m
- Tax, wage and social debts -€80,765
down €80,765 (-86.2%), from €93,736 to €12,971
of which Taxes: -€88,762
- Taxes -€18,847
down €18,847 (-14.0%), from €134,629 to €115,782
- Purchases and services -€16,284
down €16,284 (-5.7%), from €286,941 to €270,657
- Turnover -€14,615
down €14,615 (-1.8%), from €818,390 to €803,774
- Depreciation +€8,297
up €8,297 (+11.1%), from €74,514 to €82,811
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 | €2,337,983 | €2,566,976 | +€228,993 | +9.8% |
| Fixed assets | 21/28 | €1,009,091 | €1,143,111 | +€134,020 | +13.3% |
| Tangible fixed assets | 22/27 | €909,703 | €1,043,723 | +€134,020 | +14.7% |
| Land and buildings | 22 | €743,962 | €852,305 | +€108,343 | +14.6% |
| Plant, machinery and equipment | 23 | €28,302 | €23,373 | -€4,929 | -17.4% |
| Furniture and vehicles | 24 | €137,439 | €168,044 | +€30,605 | +22.3% |
| Financial fixed assets | 28 | €99,388 | €99,388 | = | 0.0% |
| Current assets | 29/58 | €1,328,892 | €1,423,865 | +€94,973 | +7.1% |
| Amounts receivable within one year | 40/41 | €641,687 | €658,815 | +€17,128 | +2.7% |
| Trade receivables | 40 | - | €2,805 | +€2,805 | |
| Other amounts receivable | 41 | €641,687 | €656,010 | +€14,323 | +2.2% |
| Cash at bank and in hand | 54/58 | €680,969 | €760,459 | +€79,490 | +11.7% |
| Deferred charges and accrued income | 490/1 | €6,235 | €4,591 | -€1,644 | -26.4% |
| Total equity and liabilities | 10/49 | €2,337,983 | €2,566,976 | +€228,993 | +9.8% |
| Equity | 10/15 | €2,075,657 | €2,374,689 | +€299,032 | +14.4% |
| Contributions | 10/11 | €92 | €92 | = | 0.0% |
| Reserves | 13 | €1,066,059 | €1,364,059 | +€298,000 | +28.0% |
| Distributable reserves | 133 | €1,066,059 | €1,364,059 | +€298,000 | +28.0% |
| Profit (loss) carried forward | 14 | €1,009,506 | €1,010,538 | +€1,032 | +0.1% |
| Amounts payable | 17/49 | €262,326 | €192,287 | -€70,039 | -26.7% |
| Amounts payable after more than one year | 17 | €116,318 | €134,723 | +€18,405 | +15.8% |
| Financial debts | 170/4 | €116,318 | €134,723 | +€18,405 | +15.8% |
| Amounts payable within one year | 42/48 | €146,008 | €57,564 | -€88,444 | -60.6% |
| Current portion of amounts payable after more than one year | 42 | €52,272 | €44,594 | -€7,678 | -14.7% |
| Taxes, remuneration and social security | 45 | €93,736 | €12,971 | -€80,765 | -86.2% |
| Taxes | 450/3 | €90,572 | €1,810 | -€88,762 | -98.0% |
| Remuneration and social security | 454/9 | €3,164 | €11,161 | +€7,997 | +253% |
| Turnover | 70 | €818,390 | €803,774 | -€14,615 | -1.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €286,941 | €270,657 | -€16,284 | -5.7% |
| Remuneration, social security and pensions | 62 | €27,052 | €26,549 | -€503 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,514 | €82,811 | +€8,297 | +11.1% |
| Other operating charges | 640/8 | €5,924 | €6,163 | +€239 | +4.0% |
| Gross operating margin | 9900 | €531,449 | €533,118 | +€1,669 | +0.3% |
| Operating profit (loss) | 9901 | €423,959 | €417,594 | -€6,365 | -1.5% |
| Financial income | 75/76B | €3,924 | €5,189 | +€1,265 | +32.2% |
| Recurring financial income | 75 | €3,924 | €5,189 | +€1,265 | +32.2% |
| Financial charges | 65/66B | €8,478 | €7,969 | -€509 | -6.0% |
| Recurring financial charges | 65 | €8,478 | €7,969 | -€509 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €419,405 | €414,814 | -€4,592 | -1.1% |
| Income taxes | 67/77 | €134,629 | €115,782 | -€18,847 | -14.0% |
| Profit (loss) for the period | 9904 | €284,776 | €299,032 | +€14,256 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €284,776 | €299,032 | +€14,256 | +5.0% |
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 13 October 2026 via checked.be.