Quest 2 Perform: 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.
Quest 2 Perform
Largest movements
- Cash -€329,367
down €329,367 (-94.7%), from €347,796 to €18,429
mainly Contributions, distributions and other (-€284,403) and Other debts (-€165,737)
- Receivables within one year -€12,001
down €12,001 (-10.3%), from €116,160 to €104,160
of which Other amounts receivable: -€10,812
- Other debts -€165,737
down €165,737 (-93.9%), from €176,500 to €10,763
- Profit (loss) carried forward -€155,241
down €155,241 (-72.4%), from €214,403 to €59,163
- Accrued charges and deferred income -€11,708
down €11,708 (-22.3%), from €52,572 to €40,864
- Tax, wage and social debts -€9,989
down €9,989 (-26.9%), from €37,183 to €27,193
of which Taxes: -€9,989
- Gross operating margin -€188,568
down €188,568 (-50.9%), from €370,615 to €182,047
- Taxes -€49,953
down €49,953 (-56.7%), from €88,103 to €38,151
- Depreciation +€10,198
up €10,198 (+168%), from €6,059 to €16,257
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 | €509,855 | €167,987 | -€341,869 | -67.1% |
| Fixed assets | 21/28 | €42,542 | €41,731 | -€810 | -1.9% |
| Tangible fixed assets | 22/27 | €42,542 | €41,731 | -€810 | -1.9% |
| Land and buildings | 22 | €109 | - | -€109 | |
| Furniture and vehicles | 24 | €35,789 | €36,034 | +€245 | +0.7% |
| Other tangible fixed assets | 26 | €6,644 | €5,698 | -€947 | -14.2% |
| Current assets | 29/58 | €467,314 | €126,255 | -€341,058 | -73.0% |
| Amounts receivable within one year | 40/41 | €116,160 | €104,160 | -€12,001 | -10.3% |
| Trade receivables | 40 | €105,348 | €104,160 | -€1,189 | -1.1% |
| Other amounts receivable | 41 | €10,812 | - | -€10,812 | |
| Cash at bank and in hand | 54/58 | €347,796 | €18,429 | -€329,367 | -94.7% |
| Deferred charges and accrued income | 490/1 | €3,357 | €3,666 | +€310 | +9.2% |
| Total equity and liabilities | 10/49 | €509,855 | €167,987 | -€341,869 | -67.1% |
| Equity | 10/15 | €243,363 | €88,123 | -€155,241 | -63.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,360 | €10,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,403 | €59,163 | -€155,241 | -72.4% |
| Amounts payable | 17/49 | €266,492 | €79,864 | -€186,628 | -70.0% |
| Amounts payable within one year | 42/48 | €213,920 | €39,000 | -€174,921 | -81.8% |
| Trade debts | 44 | €238 | €1,044 | +€806 | +339% |
| Suppliers | 440/4 | €238 | €1,044 | +€806 | +339% |
| Taxes, remuneration and social security | 45 | €37,183 | €27,193 | -€9,989 | -26.9% |
| Taxes | 450/3 | €37,183 | €27,193 | -€9,989 | -26.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €176,500 | €10,763 | -€165,737 | -93.9% |
| Accrued charges and deferred income | 492/3 | €52,572 | €40,864 | -€11,708 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,059 | €16,257 | +€10,198 | +168% |
| Other operating charges | 640/8 | €1,195 | €400 | -€796 | -66.6% |
| Gross operating margin | 9900 | €370,615 | €182,047 | -€188,568 | -50.9% |
| Operating profit (loss) | 9901 | €363,360 | €165,390 | -€197,971 | -54.5% |
| Financial income | 75/76B | €2,070 | €2,347 | +€277 | +13.4% |
| Recurring financial income | 75 | €2,070 | €2,347 | +€277 | +13.4% |
| Financial charges | 65/66B | €1,834 | €424 | -€1,410 | -76.9% |
| Recurring financial charges | 65 | €1,834 | €424 | -€1,410 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €363,597 | €167,313 | -€196,284 | -54.0% |
| Income taxes | 67/77 | €88,103 | €38,151 | -€49,953 | -56.7% |
| Profit (loss) for the period | 9904 | €275,493 | €129,163 | -€146,331 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €275,493 | €129,163 | -€146,331 | -53.1% |
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 29 October 2026 via checked.be.