QUEST FOR LIFE: 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 FOR LIFE
Largest movements
- Cash +€9,595
up €9,595 (+13.2%), from €72,898 to €82,493
mainly Net result for the year (+€16,996) and Depreciation (+€7,113)
- Tangible fixed assets -€4,918
down €4,918 (-40.4%), from €12,161 to €7,243
of which Furniture and vehicles: -€6,975
- Receivables within one year -€4,235
down €4,235 (-27.8%), from €15,258 to €11,023
of which Trade receivables: -€3,830
- Tax, wage and social debts +€3,541
up €3,541 (+83.6%), from €4,234 to €7,775
- Debts after one year -€2,062
down €2,062 (-100%), from €2,062 to €0
- Current portion of long-term debt -€2,020
down €2,020 (-49.5%), from €4,082 to €2,062
- Gross operating margin +€17,260
up €17,260 (+124%), from €13,887 to €31,147
- Taxes +€5,055
up €5,055 (+343%), from €1,476 to €6,531
- Financial income +€496
up €496 (+1,794%), from €28 to €523
- Depreciation +€329
up €329 (+4.8%), from €6,784 to €7,113
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 | €101,974 | €102,078 | +€104 | +0.1% |
| Fixed assets | 21/28 | €12,236 | €7,318 | -€4,918 | -40.2% |
| Tangible fixed assets | 22/27 | €12,161 | €7,243 | -€4,918 | -40.4% |
| Plant, machinery and equipment | 23 | - | €2,057 | +€2,057 | |
| Furniture and vehicles | 24 | €12,161 | €5,186 | -€6,975 | -57.4% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €89,739 | €94,760 | +€5,021 | +5.6% |
| Amounts receivable within one year | 40/41 | €15,258 | €11,023 | -€4,235 | -27.8% |
| Trade receivables | 40 | €13,090 | €9,259 | -€3,830 | -29.3% |
| Other amounts receivable | 41 | €2,168 | €1,764 | -€404 | -18.7% |
| Cash at bank and in hand | 54/58 | €72,898 | €82,493 | +€9,595 | +13.2% |
| Deferred charges and accrued income | 490/1 | €1,582 | €1,243 | -€339 | -21.4% |
| Total equity and liabilities | 10/49 | €101,974 | €102,078 | +€104 | +0.1% |
| Equity | 10/15 | €90,483 | €90,504 | +€21 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,883 | €71,904 | +€21 | 0.0% |
| Distributable reserves | 133 | €71,883 | €71,904 | +€21 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,491 | €11,574 | +€83 | +0.7% |
| Amounts payable after more than one year | 17 | €2,062 | €0 | -€2,062 | -100% |
| Financial debts | 170/4 | €2,062 | €0 | -€2,062 | -100% |
| Amounts payable within one year | 42/48 | €9,429 | €11,574 | +€2,145 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €4,082 | €2,062 | -€2,020 | -49.5% |
| Financial debts | 43 | €218 | €585 | +€367 | +168% |
| Credit institutions | 430/8 | €218 | €0 | -€218 | -100% |
| Other loans | 439 | - | €585 | +€585 | |
| Trade debts | 44 | €894 | €1,152 | +€257 | +28.7% |
| Suppliers | 440/4 | €894 | €1,152 | +€257 | +28.7% |
| Taxes, remuneration and social security | 45 | €4,234 | €7,775 | +€3,541 | +83.6% |
| Taxes | 450/3 | €4,234 | €7,775 | +€3,541 | +83.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,784 | €7,113 | +€329 | +4.8% |
| Other operating charges | 640/8 | €670 | €691 | +€21 | +3.1% |
| Gross operating margin | 9900 | €13,887 | €31,147 | +€17,260 | +124% |
| Operating profit (loss) | 9901 | €6,432 | €23,343 | +€16,911 | +263% |
| Financial income | 75/76B | €28 | €523 | +€496 | +1,794% |
| Recurring financial income | 75 | €28 | €523 | +€496 | +1,794% |
| Financial charges | 65/66B | €332 | €339 | +€8 | +2.3% |
| Recurring financial charges | 65 | €332 | €339 | +€8 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €6,128 | €23,527 | +€17,398 | +284% |
| Income taxes | 67/77 | €1,476 | €6,531 | +€5,055 | +343% |
| Profit (loss) for the period | 9904 | €4,652 | €16,996 | +€12,343 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €4,652 | €16,996 | +€12,343 | +265% |
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.