Quaestor General Partner: 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.
Quaestor General Partner
Largest movements
- Current investments +€76,064
up €76,064 (+31.0%), from €245,214 to €321,278
- Cash -€9,050
down €9,050 (-47.9%), from €18,905 to €9,855
mainly Current investments (-€76,064) and Net result for the year (-€4,399)
- Debts after one year +€60,000
up €60,000 (+24.1%), from €248,953 to €308,953
- Accrued charges and deferred income +€11,375
up €11,375 (+127%), from €8,925 to €20,300
- Profit (loss) carried forward -€4,399
down €4,399 (-35.6%), from -€12,341 to -€16,740
- Financial income -€9,610
down €9,610 (-48.5%), from €19,806 to €10,196
of which Non-recurring financial income: -€18,375
- Financial charges +€1,882
up €1,882 (+18.4%), from €10,201 to €12,083
- Gross operating margin -€1,683
down €1,683 (-559%), from -€301 to -€1,984
- Other operating charges -€71
down €71 (-11.8%), from €598 to €528
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 | €264,125 | €331,133 | +€67,008 | +25.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €264,125 | €331,133 | +€67,008 | +25.4% |
| Amounts receivable within one year | 40/41 | €7 | €0 | -€6 | -94.4% |
| Other amounts receivable | 41 | €7 | €0 | -€6 | -94.4% |
| Current investments | 50/53 | €245,214 | €321,278 | +€76,064 | +31.0% |
| Cash at bank and in hand | 54/58 | €18,905 | €9,855 | -€9,050 | -47.9% |
| Total equity and liabilities | 10/49 | €264,125 | €331,133 | +€67,008 | +25.4% |
| Equity | 10/15 | €6,209 | €1,810 | -€4,399 | -70.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,341 | -€16,740 | -€4,399 | -35.6% |
| Amounts payable | 17/49 | €257,916 | €329,323 | +€71,407 | +27.7% |
| Amounts payable after more than one year | 17 | €248,953 | €308,953 | +€60,000 | +24.1% |
| Financial debts | 170/4 | €248,953 | €308,953 | +€60,000 | +24.1% |
| Amounts payable within one year | 42/48 | €38 | €70 | +€32 | +83.2% |
| Financial debts | 43 | €38 | €0 | -€38 | -100% |
| Credit institutions | 430/8 | €38 | €0 | -€38 | -100% |
| Trade debts | 44 | - | €70 | +€70 | |
| Suppliers | 440/4 | - | €70 | +€70 | |
| Accrued charges and deferred income | 492/3 | €8,925 | €20,300 | +€11,375 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €598 | €528 | -€71 | -11.8% |
| Gross operating margin | 9900 | -€301 | -€1,984 | -€1,683 | -559% |
| Operating profit (loss) | 9901 | -€899 | -€2,512 | -€1,613 | -179% |
| Financial income | 75/76B | €19,806 | €10,196 | -€9,610 | -48.5% |
| Recurring financial income | 75 | €181 | €8,946 | +€8,765 | +4,836% |
| Non-recurring financial income | 76B | €19,625 | €1,250 | -€18,375 | -93.6% |
| Financial charges | 65/66B | €10,201 | €12,083 | +€1,882 | +18.4% |
| Recurring financial charges | 65 | €10,201 | €12,083 | +€1,882 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €8,706 | -€4,399 | -€13,105 | |
| Income taxes | 67/77 | -€7 | €0 | +€7 | |
| Profit (loss) for the period | 9904 | €8,712 | -€4,399 | -€13,111 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,712 | -€4,399 | -€13,111 |
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 19 October 2026 via checked.be.