Querante: 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.
Querante
Largest movements
- Cash +€49,371
up €49,371 (+47.1%), from €104,853 to €154,225
mainly Other debts (+€128,389) and Net result for the year (+€64,780)
- Current investments +€39,350
up €39,350 (+21.1%), from €186,485 to €225,836
- Tangible fixed assets -€8,145
down €8,145 (-24.5%), from €33,201 to €25,057
- Other debts +€128,389
up €128,389 (+150.3%), from €85,396 to €213,785
- Reserves -€112,496
down €112,496 (-46.3%), from €243,094 to €130,598
- Profit (loss) carried forward +€64,780
new in 2025: €64,780
- Gross operating margin -€19,088
down €19,088 (-16.2%), from €117,747 to €98,659
- Taxes -€12,135
down €12,135 (-35.9%), from €33,768 to €21,632
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 | €355,452 | €433,332 | +€77,880 | +21.9% |
| Fixed assets | 21/28 | €33,201 | €25,057 | -€8,145 | -24.5% |
| Tangible fixed assets | 22/27 | €33,201 | €25,057 | -€8,145 | -24.5% |
| Furniture and vehicles | 24 | €33,201 | €25,057 | -€8,145 | -24.5% |
| Current assets | 29/58 | €322,251 | €408,275 | +€86,024 | +26.7% |
| Amounts receivable within one year | 40/41 | €30,050 | €28,110 | -€1,940 | -6.5% |
| Trade receivables | 40 | €30,050 | €26,707 | -€3,343 | -11.1% |
| Other amounts receivable | 41 | - | €1,403 | +€1,403 | |
| Current investments | 50/53 | €186,485 | €225,836 | +€39,350 | +21.1% |
| Cash at bank and in hand | 54/58 | €104,853 | €154,225 | +€49,371 | +47.1% |
| Deferred charges and accrued income | 490/1 | €862 | €105 | -€757 | -87.9% |
| Total equity and liabilities | 10/49 | €355,452 | €433,332 | +€77,880 | +21.9% |
| Equity | 10/15 | €244,094 | €196,379 | -€47,716 | -19.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €243,094 | €130,598 | -€112,496 | -46.3% |
| Distributable reserves | 133 | €243,094 | €130,598 | -€112,496 | -46.3% |
| Profit (loss) carried forward | 14 | - | €64,780 | +€64,780 | |
| Amounts payable | 17/49 | €111,358 | €236,953 | +€125,595 | +112.8% |
| Amounts payable within one year | 42/48 | €105,118 | €230,344 | +€125,226 | +119.1% |
| Trade debts | 44 | €821 | €995 | +€174 | +21.2% |
| Suppliers | 440/4 | €821 | €995 | +€174 | +21.2% |
| Taxes, remuneration and social security | 45 | €18,901 | €15,564 | -€3,337 | -17.7% |
| Taxes | 450/3 | €18,901 | €15,564 | -€3,337 | -17.7% |
| Other amounts payable | 47/48 | €85,396 | €213,785 | +€128,389 | +150.3% |
| Accrued charges and deferred income | 492/3 | €6,240 | €6,609 | +€369 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,792 | €8,310 | +€518 | +6.7% |
| Other operating charges | 640/8 | €979 | €932 | -€47 | -4.8% |
| Gross operating margin | 9900 | €117,747 | €98,659 | -€19,088 | -16.2% |
| Operating profit (loss) | 9901 | €108,976 | €89,416 | -€19,560 | -17.9% |
| Financial income | 75/76B | €3,202 | €2,764 | -€439 | -13.7% |
| Recurring financial income | 75 | €3,202 | €2,764 | -€439 | -13.7% |
| Financial charges | 65/66B | €6,625 | €5,767 | -€858 | -12.9% |
| Recurring financial charges | 65 | €6,625 | €5,767 | -€858 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €105,554 | €86,413 | -€19,141 | -18.1% |
| Income taxes | 67/77 | €33,768 | €21,632 | -€12,135 | -35.9% |
| Profit (loss) for the period | 9904 | €71,786 | €64,780 | -€7,006 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,786 | €64,780 | -€7,006 | -9.8% |
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 2 October 2026 via checked.be.