QUEST STUDIO: 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 STUDIO
Largest movements
- Cash -€17,070
down €17,070 (-24.6%), from €69,399 to €52,329
mainly Accrued charges and deferred income (-€54,208) and Receivables within one year (-€4,641)
- Deferred charges and accrued income -€10,865
down €10,865 (-97.4%), from €11,158 to €293
- Receivables within one year +€4,641
up €4,641 (+4.5%), from €102,064 to €106,706
of which Trade receivables: +€46,529
- Accrued charges and deferred income -€54,208
down €54,208 (-84.8%), from €63,961 to €9,753
- Trade debts +€17,109
new in 2025: €17,109
- Tax, wage and social debts +€9,512
up €9,512 (+112%), from €8,473 to €17,986
of which Taxes: +€5,063
- Staff costs -€120,318
down €120,318 (-68.6%), from €175,452 to €55,134
- Gross operating margin -€99,074
down €99,074 (-61.4%), from €161,250 to €62,176
- Depreciation -€1,742
down €1,742 (-56.4%), from €3,090 to €1,348
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 | €183,985 | €159,344 | -€24,642 | -13.4% |
| Fixed assets | 21/28 | €1,363 | €16 | -€1,348 | -98.9% |
| Tangible fixed assets | 22/27 | €1,363 | €16 | -€1,348 | -98.9% |
| Plant, machinery and equipment | 23 | €1,363 | €16 | -€1,348 | -98.9% |
| Current assets | 29/58 | €182,622 | €159,328 | -€23,294 | -12.8% |
| Amounts receivable within one year | 40/41 | €102,064 | €106,706 | +€4,641 | +4.5% |
| Trade receivables | 40 | €60,143 | €106,671 | +€46,529 | +77.4% |
| Other amounts receivable | 41 | €41,922 | €35 | -€41,887 | -99.9% |
| Cash at bank and in hand | 54/58 | €69,399 | €52,329 | -€17,070 | -24.6% |
| Deferred charges and accrued income | 490/1 | €11,158 | €293 | -€10,865 | -97.4% |
| Total equity and liabilities | 10/49 | €183,985 | €159,344 | -€24,642 | -13.4% |
| Equity | 10/15 | €50,490 | €51,664 | +€1,174 | +2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,290 | €45,464 | +€1,174 | +2.7% |
| Amounts payable | 17/49 | €133,495 | €107,680 | -€25,815 | -19.3% |
| Amounts payable within one year | 42/48 | €69,534 | €97,927 | +€28,393 | +40.8% |
| Trade debts | 44 | - | €17,109 | +€17,109 | |
| Suppliers | 440/4 | - | €17,109 | +€17,109 | |
| Taxes, remuneration and social security | 45 | €8,473 | €17,986 | +€9,512 | +112% |
| Taxes | 450/3 | - | €5,063 | +€5,063 | |
| Remuneration and social security | 454/9 | €8,473 | €12,922 | +€4,449 | +52.5% |
| Other amounts payable | 47/48 | €61,061 | €62,832 | +€1,771 | +2.9% |
| Accrued charges and deferred income | 492/3 | €63,961 | €9,753 | -€54,208 | -84.8% |
| Remuneration, social security and pensions | 62 | €175,452 | €55,134 | -€120,318 | -68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,090 | €1,348 | -€1,742 | -56.4% |
| Other operating charges | 640/8 | €1,516 | €282 | -€1,234 | -81.4% |
| Non-recurring operating charges | 66A | €1,378 | - | -€1,378 | |
| Gross operating margin | 9900 | €161,250 | €62,176 | -€99,074 | -61.4% |
| Operating profit (loss) | 9901 | -€20,185 | €5,413 | +€25,598 | |
| Financial income | 75/76B | €1,010 | - | -€1,010 | |
| Recurring financial income | 75 | €1,010 | - | -€1,010 | |
| Financial charges | 65/66B | €2,526 | €2,661 | +€135 | +5.3% |
| Recurring financial charges | 65 | €2,526 | €2,661 | +€135 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,702 | €2,752 | +€24,453 | |
| Income taxes | 67/77 | -€0 | €1,578 | +€1,578 | |
| Profit (loss) for the period | 9904 | -€21,701 | €1,174 | +€22,875 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,701 | €1,174 | +€22,875 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.