Quest2S: 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.
Quest2S
Largest movements
- Receivables after one year +€184,516
up €184,516 (+1,529%), from €12,067 to €196,582
of which Other amounts receivable: +€184,882
- Receivables within one year -€147,773
down €147,773 (-65.2%), from €226,548 to €78,775
of which Other amounts receivable: -€143,069
- Deferred charges and accrued income +€3,970
up €3,970 (+40.3%), from €9,858 to €13,828
- Debts after one year +€70,964
up €70,964 (+169%), from €42,006 to €112,970
- Profit (loss) carried forward -€52,519
down €52,519 (-43.2%), from €121,712 to €69,193
- Current portion of long-term debt +€24,694
up €24,694 (+94.3%), from €26,191 to €50,885
- Tax, wage and social debts -€23,807
down €23,807 (-41.3%), from €57,656 to €33,848
- Trade debts +€19,584
up €19,584 (+444%), from €4,413 to €23,996
- Gross operating margin -€143,176
down €143,176, from €106,793 to -€36,383
- Taxes -€24,502
down €24,502 (-98.5%), from €24,870 to €368
- Other operating charges -€3,027
down €3,027 (-66.6%), from €4,544 to €1,516
- Financial charges +€2,838
up €2,838 (+15.5%), from €18,316 to €21,154
- Financial income +€2,458
up €2,458 (+30.6%), from €8,021 to €10,479
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 | €258,425 | €302,713 | +€44,287 | +17.1% |
| Fixed assets | 21/28 | €7,598 | €8,378 | +€780 | +10.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,240 | €7,820 | +€580 | +8.0% |
| Furniture and vehicles | 24 | €6,190 | €7,070 | +€881 | +14.2% |
| Other tangible fixed assets | 26 | €1,050 | €750 | -€301 | -28.6% |
| Financial fixed assets | 28 | €358 | €558 | +€200 | +55.9% |
| Current assets | 29/58 | €250,827 | €294,335 | +€43,507 | +17.3% |
| Amounts receivable after more than one year | 29 | €12,067 | €196,582 | +€184,516 | +1,529% |
| Trade receivables | 290 | €12,067 | €11,700 | -€367 | -3.0% |
| Other amounts receivable | 291 | - | €184,882 | +€184,882 | |
| Amounts receivable within one year | 40/41 | €226,548 | €78,775 | -€147,773 | -65.2% |
| Trade receivables | 40 | €71,073 | €66,369 | -€4,704 | -6.6% |
| Other amounts receivable | 41 | €155,474 | €12,406 | -€143,069 | -92.0% |
| Cash at bank and in hand | 54/58 | €2,355 | €5,149 | +€2,794 | +119% |
| Deferred charges and accrued income | 490/1 | €9,858 | €13,828 | +€3,970 | +40.3% |
| Total equity and liabilities | 10/49 | €258,425 | €302,713 | +€44,287 | +17.1% |
| Equity | 10/15 | €122,872 | €70,353 | -€52,519 | -42.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €160 | €160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €160 | - | -€160 | |
| Reserves not available under the articles | 1311 | €160 | - | -€160 | |
| Distributable reserves | 133 | - | €160 | +€160 | |
| Profit (loss) carried forward | 14 | €121,712 | €69,193 | -€52,519 | -43.2% |
| Amounts payable | 17/49 | €135,554 | €232,360 | +€96,806 | +71.4% |
| Amounts payable after more than one year | 17 | €42,006 | €112,970 | +€70,964 | +169% |
| Financial debts | 170/4 | €42,006 | €112,970 | +€70,964 | +169% |
| Amounts payable within one year | 42/48 | €93,548 | €117,034 | +€23,486 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €26,191 | €50,885 | +€24,694 | +94.3% |
| Financial debts | 43 | €3,846 | €8,305 | +€4,458 | +116% |
| Credit institutions | 430/8 | €3,846 | €8,305 | +€4,458 | +116% |
| Trade debts | 44 | €4,413 | €23,996 | +€19,584 | +444% |
| Suppliers | 440/4 | €4,413 | €23,996 | +€19,584 | +444% |
| Taxes, remuneration and social security | 45 | €57,656 | €33,848 | -€23,807 | -41.3% |
| Taxes | 450/3 | €57,656 | €33,848 | -€23,807 | -41.3% |
| Other amounts payable | 47/48 | €1,443 | €0 | -€1,443 | -100% |
| Accrued charges and deferred income | 492/3 | - | €2,356 | +€2,356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €3,576 | +€1,980 | +124% |
| Other operating charges | 640/8 | €4,544 | €1,516 | -€3,027 | -66.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €106,793 | -€36,383 | -€143,176 | |
| Operating profit (loss) | 9901 | €100,653 | -€41,476 | -€142,129 | |
| Financial income | 75/76B | €8,021 | €10,479 | +€2,458 | +30.6% |
| Recurring financial income | 75 | €8,021 | €10,479 | +€2,458 | +30.6% |
| Financial charges | 65/66B | €18,316 | €21,154 | +€2,838 | +15.5% |
| Recurring financial charges | 65 | €18,316 | €21,154 | +€2,838 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €90,358 | -€52,151 | -€142,509 | |
| Income taxes | 67/77 | €24,870 | €368 | -€24,502 | -98.5% |
| Profit (loss) for the period | 9904 | €65,488 | -€52,519 | -€118,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,488 | -€52,519 | -€118,006 |
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 13 October 2026 via checked.be.