QUERINVEST: 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.
QUERINVEST
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+595.5%), from €177,445 to €1.2m
- Receivables within one year -€70,671
down €70,671 (-58.4%), from €121,053 to €50,382
- Other debts +€1.1m
up €1.1m (+403.1%), from €260,896 to €1.3m
- Accrued charges and deferred income -€42,586
down €42,586 (-100.0%), from €42,586 to €0
- Profit (loss) carried forward -€27,314
down €27,314 (-175.4%), from -€15,570 to -€42,883
- Financial charges +€8,054
up €8,054 (+48.2%), from €16,715 to €24,769
- Other operating charges +€1,216
new in 2024: €1,216
- Gross operating margin +€769
up €769 (+36.7%), from -€2,098 to -€1,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,700 | €1,285,787 | +€987,087 | +330.5% |
| Current assets | 29/58 | €298,700 | €1,285,787 | +€987,087 | +330.5% |
| Stocks and contracts in progress | 3 | €177,445 | €1,234,144 | +€1.1m | +595.5% |
| Stocks | 30/36 | €177,445 | €1,234,144 | +€1.1m | +595.5% |
| Amounts receivable within one year | 40/41 | €121,053 | €50,382 | -€70,671 | -58.4% |
| Other amounts receivable | 41 | €121,053 | €50,382 | -€70,671 | -58.4% |
| Cash at bank and in hand | 54/58 | €202 | €1,260 | +€1,059 | +525.6% |
| Total equity and liabilities | 10/49 | €298,700 | €1,285,787 | +€987,087 | +330.5% |
| Equity | 10/15 | -€8,370 | -€35,683 | -€27,314 | -326.3% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Capital | 10 | €7,200 | - | -€7,200 | |
| Issued capital | 100 | €7,200 | - | -€7,200 | |
| Profit (loss) carried forward | 14 | -€15,570 | -€42,883 | -€27,314 | -175.4% |
| Amounts payable | 17/49 | €307,069 | €1,321,470 | +€1.0m | +330.3% |
| Amounts payable within one year | 42/48 | €264,483 | €1,321,470 | +€1.1m | +399.6% |
| Trade debts | 44 | €2,776 | €1,785 | -€991 | -35.7% |
| Suppliers | 440/4 | €2,776 | €1,785 | -€991 | -35.7% |
| Taxes, remuneration and social security | 45 | €811 | €7,239 | +€6,428 | +792.8% |
| Taxes | 450/3 | €811 | €7,239 | +€6,428 | +792.8% |
| Other amounts payable | 47/48 | €260,896 | €1,312,446 | +€1.1m | +403.1% |
| Accrued charges and deferred income | 492/3 | €42,586 | €0 | -€42,586 | -100.0% |
| Other operating charges | 640/8 | - | €1,216 | +€1,216 | |
| Gross operating margin | 9900 | -€2,098 | -€1,328 | +€769 | +36.7% |
| Operating profit (loss) | 9901 | -€2,098 | -€2,544 | -€446 | -21.3% |
| Financial charges | 65/66B | €16,715 | €24,769 | +€8,054 | +48.2% |
| Recurring financial charges | 65 | €16,715 | €24,769 | +€8,054 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,813 | -€27,314 | -€8,501 | -45.2% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€18,813 | -€27,314 | -€8,501 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,813 | -€27,314 | -€8,501 | -45.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.