KWANTUMSPRONG: 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.
KWANTUMSPRONG
Largest movements
- Cash +€51,418
up €51,418 (+70.1%), from €73,351 to €124,769
mainly Net result for the year (+€71,061) and Trade debts (+€20,714)
- Intangible fixed assets +€38,129
up €38,129 (+18,145%), from €210 to €38,339
- Receivables within one year -€20,092
down €20,092 (-12.7%), from €158,165 to €138,073
of which Trade receivables: -€27,449
- Reserves +€71,061
up €71,061 (+51.6%), from €137,729 to €208,790
- Trade debts +€20,714
up €20,714 (+210%), from €9,877 to €30,591
- Debts after one year -€20,515
down €20,515 (-30.0%), from €68,370 to €47,855
- Tax, wage and social debts -€18,400
down €18,400 (-61.0%), from €30,187 to €11,787
of which Taxes: -€18,720
- Short-term financial debts +€14,699
up €14,699, from €0 to €14,699
- Gross operating margin +€42,087
up €42,087 (+48.4%), from €86,961 to €129,047
- Taxes +€17,416
up €17,416 (+94.9%), from €18,345 to €35,762
- Depreciation +€4,144
up €4,144 (+38.7%), from €10,702 to €14,846
- Financial charges -€2,195
down €2,195 (-28.9%), from €7,606 to €5,411
- Financial income +€1,697
up €1,697 (+24,923%), from €7 to €1,704
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 | €268,583 | €337,237 | +€68,654 | +25.6% |
| Fixed assets | 21/28 | €37,067 | €72,723 | +€35,656 | +96.2% |
| Intangible fixed assets | 21 | €210 | €38,339 | +€38,129 | +18,145% |
| Tangible fixed assets | 22/27 | €36,857 | €34,384 | -€2,473 | -6.7% |
| Plant, machinery and equipment | 23 | €482 | €202 | -€280 | -58.1% |
| Furniture and vehicles | 24 | €5,768 | €17,090 | +€11,322 | +196% |
| Leasing and similar rights | 25 | €30,607 | €0 | -€30,607 | -100% |
| Other tangible fixed assets | 26 | - | €17,093 | +€17,093 | |
| Current assets | 29/58 | €231,516 | €264,513 | +€32,997 | +14.3% |
| Amounts receivable within one year | 40/41 | €158,165 | €138,073 | -€20,092 | -12.7% |
| Trade receivables | 40 | €69,208 | €41,759 | -€27,449 | -39.7% |
| Other amounts receivable | 41 | €88,957 | €96,314 | +€7,357 | +8.3% |
| Cash at bank and in hand | 54/58 | €73,351 | €124,769 | +€51,418 | +70.1% |
| Deferred charges and accrued income | 490/1 | €0 | €1,671 | +€1,671 | |
| Total equity and liabilities | 10/49 | €268,583 | €337,237 | +€68,654 | +25.6% |
| Equity | 10/15 | €140,729 | €211,790 | +€71,061 | +50.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €137,729 | €208,790 | +€71,061 | +51.6% |
| Distributable reserves | 133 | €137,729 | €208,790 | +€71,061 | +51.6% |
| Amounts payable | 17/49 | €127,854 | €125,447 | -€2,407 | -1.9% |
| Amounts payable after more than one year | 17 | €68,370 | €47,855 | -€20,515 | -30.0% |
| Financial debts | 170/4 | €68,370 | €47,855 | -€20,515 | -30.0% |
| Amounts payable within one year | 42/48 | €59,484 | €77,592 | +€18,108 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €19,420 | €20,515 | +€1,096 | +5.6% |
| Financial debts | 43 | €0 | €14,699 | +€14,699 | |
| Credit institutions | 430/8 | €0 | €14,699 | +€14,699 | |
| Trade debts | 44 | €9,877 | €30,591 | +€20,714 | +210% |
| Suppliers | 440/4 | €9,877 | €30,591 | +€20,714 | +210% |
| Taxes, remuneration and social security | 45 | €30,187 | €11,787 | -€18,400 | -61.0% |
| Taxes | 450/3 | €30,187 | €11,467 | -€18,720 | -62.0% |
| Remuneration and social security | 454/9 | - | €320 | +€320 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €429 | +€429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,702 | €14,846 | +€4,144 | +38.7% |
| Other operating charges | 640/8 | €3,535 | €3,671 | +€137 | +3.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €86,961 | €129,047 | +€42,087 | +48.4% |
| Operating profit (loss) | 9901 | €72,724 | €110,530 | +€37,806 | +52.0% |
| Financial income | 75/76B | €7 | €1,704 | +€1,697 | +24,923% |
| Recurring financial income | 75 | €7 | €1,704 | +€1,697 | +24,923% |
| Financial charges | 65/66B | €7,606 | €5,411 | -€2,195 | -28.9% |
| Recurring financial charges | 65 | €7,606 | €5,411 | -€2,195 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €65,125 | €106,823 | +€41,698 | +64.0% |
| Income taxes | 67/77 | €18,345 | €35,762 | +€17,416 | +94.9% |
| Profit (loss) for the period | 9904 | €46,780 | €71,061 | +€24,281 | +51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,780 | €71,061 | +€24,281 | +51.9% |
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 30 October 2026 via checked.be.