rQuest: 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.
rQuest
Largest movements
- Tangible fixed assets +€28,178
up €28,178 (+98.7%), from €28,540 to €56,718
of which Furniture and vehicles: +€18,920
- Receivables within one year -€2,579
down €2,579 (-45.4%), from €5,674 to €3,096
of which Trade receivables: -€5,625
- Cash -€1,945
down €1,945 (-86.2%), from €2,258 to €313
mainly Investment in fixed assets (net) (-€39,535) and Other debts (-€6,256)
- Profit (loss) carried forward +€23,499
up €23,499, from -€6,104 to €17,395
- Other debts -€6,256
down €6,256 (-19.3%), from €32,480 to €26,223
- Trade debts +€6,206
up €6,206 (+477.6%), from €1,300 to €7,506
- Gross operating margin +€54,199
up €54,199, from -€15,593 to €38,606
- Write-downs -€6,917
no longer reported in 2024 (was €6,917)
- Depreciation +€5,529
up €5,529 (+94.9%), from €5,828 to €11,357
- Financial charges +€959
up €959 (+1203.9%), from €80 to €1,039
- Other operating charges -€745
down €745 (-27.4%), from €2,719 to €1,974
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,347 | €62,001 | +€23,654 | +61.7% |
| Fixed assets | 21/28 | €30,415 | €58,593 | +€28,178 | +92.6% |
| Tangible fixed assets | 22/27 | €28,540 | €56,718 | +€28,178 | +98.7% |
| Land and buildings | 22 | €14,437 | €13,511 | -€927 | -6.4% |
| Plant, machinery and equipment | 23 | €13,929 | €24,115 | +€10,185 | +73.1% |
| Furniture and vehicles | 24 | €173 | €19,093 | +€18,920 | +10945.8% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €7,932 | €3,408 | -€4,524 | -57.0% |
| Amounts receivable within one year | 40/41 | €5,674 | €3,096 | -€2,579 | -45.4% |
| Trade receivables | 40 | €5,625 | €0 | -€5,625 | -100.0% |
| Other amounts receivable | 41 | €49 | €3,096 | +€3,046 | +6157.8% |
| Cash at bank and in hand | 54/58 | €2,258 | €313 | -€1,945 | -86.2% |
| Total equity and liabilities | 10/49 | €38,347 | €62,001 | +€23,654 | +61.7% |
| Equity | 10/15 | -€5,604 | €17,895 | +€23,499 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,104 | €17,395 | +€23,499 | |
| Amounts payable | 17/49 | €43,951 | €44,106 | +€155 | +0.4% |
| Amounts payable within one year | 42/48 | €43,123 | €43,597 | +€475 | +1.1% |
| Trade debts | 44 | €1,300 | €7,506 | +€6,206 | +477.6% |
| Suppliers | 440/4 | €1,300 | €7,506 | +€6,206 | +477.6% |
| Taxes, remuneration and social security | 45 | €9,343 | €9,868 | +€525 | +5.6% |
| Taxes | 450/3 | €9,343 | €9,868 | +€525 | +5.6% |
| Other amounts payable | 47/48 | €32,480 | €26,223 | -€6,256 | -19.3% |
| Accrued charges and deferred income | 492/3 | €828 | €509 | -€320 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,828 | €11,357 | +€5,529 | +94.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,917 | - | -€6,917 | |
| Other operating charges | 640/8 | €2,719 | €1,974 | -€745 | -27.4% |
| Gross operating margin | 9900 | -€15,593 | €38,606 | +€54,199 | |
| Operating profit (loss) | 9901 | -€31,056 | €25,276 | +€56,332 | |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €80 | €1,039 | +€959 | +1203.9% |
| Recurring financial charges | 65 | €80 | €1,039 | +€959 | +1203.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,127 | €24,237 | +€55,364 | |
| Income taxes | 67/77 | €192 | €738 | +€546 | +285.2% |
| Profit (loss) for the period | 9904 | -€31,318 | €23,499 | +€54,817 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,318 | €23,499 | +€54,817 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.