QUESTA: what changed
Two fiscal 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.
QUESTA
Largest movements
- Cash +€36,965
up €36,965 (+36.1%), from €102,472 to €139,437
mainly Net result for the year (+€82,502) and Depreciation (+€21,291)
- Tangible fixed assets -€21,291
down €21,291 (-8.4%), from €253,778 to €232,486
of which Land and buildings: -€11,544
- Receivables within one year +€12,516
up €12,516 (+33.5%), from €37,341 to €49,857
- Reserves +€46,400
up €46,400 (+58.3%), from €79,600 to €126,000
of which Distributable reserves: +€48,900
- Debts after one year -€16,953
down €16,953 (-14.9%), from €113,512 to €96,559
- Other debts -€7,873
down €7,873 (-6.1%), from €130,014 to €122,141
- Tax, wage and social debts +€5,989
up €5,989 (+38.7%), from €15,496 to €21,485
- Gross operating margin +€26,530
up €26,530 (+26.9%), from €98,776 to €125,306
- Taxes +€8,849
up €8,849 (+158.3%), from €5,590 to €14,439
- Depreciation -€2,338
down €2,338 (-9.9%), from €23,629 to €21,291
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.
Cash bridge derived
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 | €414,590 | €446,780 | +€32,190 | +7.8% |
| Fixed assets | 21/28 | €253,778 | €232,486 | -€21,291 | -8.4% |
| Tangible fixed assets | 22/27 | €253,778 | €232,486 | -€21,291 | -8.4% |
| Land and buildings | 22 | €210,548 | €199,004 | -€11,544 | -5.5% |
| Furniture and vehicles | 24 | €43,230 | €33,482 | -€9,748 | -22.5% |
| Current assets | 29/58 | €160,812 | €214,294 | +€53,481 | +33.3% |
| Amounts receivable within one year | 40/41 | €37,341 | €49,857 | +€12,516 | +33.5% |
| Trade receivables | 40 | €37,341 | €49,857 | +€12,516 | +33.5% |
| Current investments | 50/53 | €21,000 | €25,000 | +€4,000 | +19.0% |
| Cash at bank and in hand | 54/58 | €102,472 | €139,437 | +€36,965 | +36.1% |
| Total equity and liabilities | 10/49 | €414,590 | €446,780 | +€32,190 | +7.8% |
| Equity | 10/15 | €104,982 | €151,485 | +€46,502 | +44.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €79,600 | €126,000 | +€46,400 | +58.3% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Tax-exempt reserves | 132 | €22,600 | €22,600 | = | 0.0% |
| Distributable reserves | 133 | €54,500 | €103,400 | +€48,900 | +89.7% |
| Profit (loss) carried forward | 14 | €382 | €485 | +€102 | +26.8% |
| Amounts payable | 17/49 | €309,608 | €295,295 | -€14,313 | -4.6% |
| Amounts payable after more than one year | 17 | €113,512 | €96,559 | -€16,953 | -14.9% |
| Financial debts | 170/4 | €113,512 | €96,559 | -€16,953 | -14.9% |
| Amounts payable within one year | 42/48 | €196,095 | €198,736 | +€2,641 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €16,338 | €16,953 | +€615 | +3.8% |
| Trade debts | 44 | €34,247 | €38,157 | +€3,910 | +11.4% |
| Suppliers | 440/4 | €34,247 | €38,157 | +€3,910 | +11.4% |
| Taxes, remuneration and social security | 45 | €15,496 | €21,485 | +€5,989 | +38.7% |
| Taxes | 450/3 | €15,496 | €21,485 | +€5,989 | +38.7% |
| Other amounts payable | 47/48 | €130,014 | €122,141 | -€7,873 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,629 | €21,291 | -€2,338 | -9.9% |
| Other operating charges | 640/8 | €1,651 | €2,715 | +€1,064 | +64.5% |
| Gross operating margin | 9900 | €98,776 | €125,306 | +€26,530 | +26.9% |
| Operating profit (loss) | 9901 | €73,495 | €101,299 | +€27,804 | +37.8% |
| Financial income | 75/76B | - | €392 | +€392 | |
| Recurring financial income | 75 | - | €392 | +€392 | |
| Financial charges | 65/66B | €5,678 | €4,750 | -€928 | -16.3% |
| Recurring financial charges | 65 | €5,678 | €4,750 | -€928 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €67,818 | €96,941 | +€29,124 | +42.9% |
| Income taxes | 67/77 | €5,590 | €14,439 | +€8,849 | +158.3% |
| Profit (loss) for the period | 9904 | €62,228 | €82,502 | +€20,275 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,228 | €82,502 | +€20,275 | +32.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.