QUESTO 1898: 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.
QUESTO 1898
Largest movements
- Receivables within one year -€56,427
down €56,427 (-62.5%), from €90,287 to €33,860
of which Trade receivables: -€64,442
- Cash -€29,511
down €29,511 (-82.5%), from €35,788 to €6,277
mainly Net result for the year (-€285,735) and Debts after one year (-€7,946)
- Stocks and contracts -€16,150
down €16,150 (-17.9%), from €90,150 to €74,000
- Profit (loss) carried forward -€285,735
down €285,735 (-51.3%), from €557,428 to €271,693
- Trade debts +€181,837
up €181,837 (+3,059%), from €5,945 to €187,781
- Debts after one year -€7,946
down €7,946 (-28.0%), from €28,334 to €20,388
- Tax, wage and social debts +€7,174
up €7,174 (+37.4%), from €19,185 to €26,359
of which Remuneration and social security: +€6,644
- Gross operating margin -€113,011
down €113,011 (-215%), from -€52,516 to -€165,528
- Taxes -€27,262
down €27,262 (-48.7%), from €56,000 to €28,738
- Staff costs +€14,397
up €14,397 (+20.4%), from €70,548 to €84,945
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 | €699,046 | €592,500 | -€106,545 | -15.2% |
| Fixed assets | 21/28 | €24,155 | €21,332 | -€2,823 | -11.7% |
| Tangible fixed assets | 22/27 | €10,150 | €7,327 | -€2,823 | -27.8% |
| Plant, machinery and equipment | 23 | €6,853 | €4,030 | -€2,823 | -41.2% |
| Furniture and vehicles | 24 | €3,297 | €3,297 | = | 0.0% |
| Financial fixed assets | 28 | €14,006 | €14,006 | = | 0.0% |
| Current assets | 29/58 | €674,891 | €571,168 | -€103,722 | -15.4% |
| Amounts receivable after more than one year | 29 | €455,000 | €455,000 | = | 0.0% |
| Trade receivables | 290 | €455,000 | €455,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €90,150 | €74,000 | -€16,150 | -17.9% |
| Stocks | 30/36 | €90,150 | €74,000 | -€16,150 | -17.9% |
| Amounts receivable within one year | 40/41 | €90,287 | €33,860 | -€56,427 | -62.5% |
| Trade receivables | 40 | €80,514 | €16,073 | -€64,442 | -80.0% |
| Other amounts receivable | 41 | €9,772 | €17,787 | +€8,015 | +82.0% |
| Cash at bank and in hand | 54/58 | €35,788 | €6,277 | -€29,511 | -82.5% |
| Deferred charges and accrued income | 490/1 | €3,666 | €2,031 | -€1,635 | -44.6% |
| Total equity and liabilities | 10/49 | €699,046 | €592,500 | -€106,545 | -15.2% |
| Equity | 10/15 | €577,888 | €292,153 | -€285,735 | -49.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €557,428 | €271,693 | -€285,735 | -51.3% |
| Amounts payable | 17/49 | €121,158 | €300,348 | +€179,190 | +148% |
| Amounts payable after more than one year | 17 | €28,334 | €20,388 | -€7,946 | -28.0% |
| Financial debts | 170/4 | €28,334 | €20,388 | -€7,946 | -28.0% |
| Amounts payable within one year | 42/48 | €92,824 | €279,960 | +€187,136 | +202% |
| Trade debts | 44 | €5,945 | €187,781 | +€181,837 | +3,059% |
| Suppliers | 440/4 | €5,945 | €187,781 | +€181,837 | +3,059% |
| Advances received on contracts in progress | 46 | €1,305 | €1,305 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,185 | €26,359 | +€7,174 | +37.4% |
| Taxes | 450/3 | €416 | €946 | +€530 | +127% |
| Remuneration and social security | 454/9 | €18,769 | €25,413 | +€6,644 | +35.4% |
| Other amounts payable | 47/48 | €66,389 | €64,514 | -€1,875 | -2.8% |
| Remuneration, social security and pensions | 62 | €70,548 | €84,945 | +€14,397 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,254 | €2,823 | +€569 | +25.3% |
| Other operating charges | 640/8 | €1,478 | €1,296 | -€182 | -12.3% |
| Non-recurring operating charges | 66A | €2,602 | €665 | -€1,937 | -74.4% |
| Gross operating margin | 9900 | -€52,516 | -€165,528 | -€113,011 | -215% |
| Operating profit (loss) | 9901 | -€129,397 | -€255,257 | -€125,859 | -97.3% |
| Financial charges | 65/66B | €3,033 | €1,740 | -€1,293 | -42.6% |
| Recurring financial charges | 65 | €3,033 | €1,740 | -€1,293 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | -€132,430 | -€256,997 | -€124,567 | -94.1% |
| Income taxes | 67/77 | €56,000 | €28,738 | -€27,262 | -48.7% |
| Profit (loss) for the period | 9904 | -€188,430 | -€285,735 | -€97,305 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€188,430 | -€285,735 | -€97,305 | -51.6% |
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 15 October 2026 via checked.be.