KWANTECH: 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.
KWANTECH
Largest movements
- Cash +€12,509
up €12,509 (+37.1%), from €33,711 to €46,220
mainly Net result for the year (+€12,898) and Other debts (+€8,581)
- Receivables within one year +€10,997
up €10,997 (+42.5%), from €25,862 to €36,859
- Tangible fixed assets -€1,855
down €1,855 (-43.2%), from €4,297 to €2,442
- Profit (loss) carried forward +€12,898
up €12,898 (+27.7%), from €46,491 to €59,389
- Other debts +€8,581
up €8,581 (+884%), from €971 to €9,552
- Tax, wage and social debts +€1,809
up €1,809 (+38.9%), from €4,655 to €6,464
of which Remuneration and social security: +€4,000
- Trade debts -€1,638
down €1,638 (-43.6%), from €3,753 to €2,115
of which Suppliers: -€2,803
- Gross operating margin -€9,940
down €9,940 (-33.3%), from €29,826 to €19,886
- Taxes +€4,307
new in 2025: €4,307
- Financial charges -€691
down €691 (-61.9%), from €1,116 to €426
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 | €63,870 | €85,520 | +€21,650 | +33.9% |
| Fixed assets | 21/28 | €4,297 | €2,442 | -€1,855 | -43.2% |
| Tangible fixed assets | 22/27 | €4,297 | €2,442 | -€1,855 | -43.2% |
| Plant, machinery and equipment | 23 | €4,297 | €2,442 | -€1,855 | -43.2% |
| Current assets | 29/58 | €59,573 | €83,078 | +€23,506 | +39.5% |
| Amounts receivable within one year | 40/41 | €25,862 | €36,859 | +€10,997 | +42.5% |
| Trade receivables | 40 | €25,862 | €36,859 | +€10,997 | +42.5% |
| Cash at bank and in hand | 54/58 | €33,711 | €46,220 | +€12,509 | +37.1% |
| Total equity and liabilities | 10/49 | €63,870 | €85,520 | +€21,650 | +33.9% |
| Equity | 10/15 | €54,491 | €67,389 | +€12,898 | +23.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,491 | €59,389 | +€12,898 | +27.7% |
| Amounts payable | 17/49 | €9,379 | €18,131 | +€8,752 | +93.3% |
| Amounts payable within one year | 42/48 | €9,379 | €18,131 | +€8,752 | +93.3% |
| Trade debts | 44 | €3,753 | €2,115 | -€1,638 | -43.6% |
| Suppliers | 440/4 | €3,753 | €950 | -€2,803 | -74.7% |
| Bills of exchange payable | 441 | - | €1,165 | +€1,165 | |
| Taxes, remuneration and social security | 45 | €4,655 | €6,464 | +€1,809 | +38.9% |
| Taxes | 450/3 | €4,655 | €2,464 | -€2,191 | -47.1% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €971 | €9,552 | +€8,581 | +884% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,858 | €1,855 | -€3 | -0.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €29,826 | €19,886 | -€9,940 | -33.3% |
| Operating profit (loss) | 9901 | €27,580 | €17,631 | -€9,950 | -36.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,116 | €426 | -€691 | -61.9% |
| Recurring financial charges | 65 | €1,116 | €426 | -€691 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €26,464 | €17,205 | -€9,259 | -35.0% |
| Income taxes | 67/77 | - | €4,307 | +€4,307 | |
| Profit (loss) for the period | 9904 | €26,464 | €12,898 | -€13,566 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,464 | €12,898 | -€13,566 | -51.3% |
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 21 October 2026 via checked.be.