QUANTANIUM: 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.
QUANTANIUM
Largest movements
- Tangible fixed assets +€896,725
up €896,725 (+89.2%), from €1.0m to €1.9m
of which Land and buildings: +€901,125
- Revaluation surpluses +€950,000
new in 2025: €950,000
- Current portion of long-term debt -€84,488
down €84,488 (-74.5%), from €113,469 to €28,981
- Other operating charges +€11,211
up €11,211 (+1,159%), from €968 to €12,179
- Financial charges -€5,652
down €5,652 (-26.5%), from €21,308 to €15,656
- Gross operating margin +€5,356
up €5,356 (+6.6%), from €81,316 to €86,672
- Depreciation +€1,599
up €1,599 (+3.1%), from €51,676 to €53,275
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 | €1,318,386 | €2,221,007 | +€902,621 | +68.5% |
| Fixed assets | 21/28 | €1,305,300 | €2,202,025 | +€896,725 | +68.7% |
| Tangible fixed assets | 22/27 | €1,005,300 | €1,902,025 | +€896,725 | +89.2% |
| Land and buildings | 22 | €986,101 | €1,887,226 | +€901,125 | +91.4% |
| Plant, machinery and equipment | 23 | €19,199 | €14,799 | -€4,400 | -22.9% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €13,086 | €18,982 | +€5,896 | +45.1% |
| Amounts receivable within one year | 40/41 | €871 | €6,094 | +€5,223 | +600% |
| Trade receivables | 40 | €871 | €6,094 | +€5,223 | +600% |
| Cash at bank and in hand | 54/58 | €12,215 | €12,887 | +€673 | +5.5% |
| Total equity and liabilities | 10/49 | €1,318,386 | €2,221,007 | +€902,621 | +68.5% |
| Equity | 10/15 | €199,758 | €1,155,320 | +€955,562 | +478% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €950,000 | +€950,000 | |
| 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 | €179,298 | €184,860 | +€5,562 | +3.1% |
| Amounts payable | 17/49 | €1,118,628 | €1,065,687 | -€52,941 | -4.7% |
| Amounts payable after more than one year | 17 | €993,922 | €1,010,768 | +€16,846 | +1.7% |
| Financial debts | 170/4 | €783,111 | €762,837 | -€20,274 | -2.6% |
| Other amounts payable | 178/9 | €210,811 | €247,931 | +€37,120 | +17.6% |
| Amounts payable within one year | 42/48 | €123,152 | €50,896 | -€72,256 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €113,469 | €28,981 | -€84,488 | -74.5% |
| Trade debts | 44 | €1,815 | €11,663 | +€9,848 | +543% |
| Suppliers | 440/4 | €1,815 | €11,663 | +€9,848 | +543% |
| Taxes, remuneration and social security | 45 | €7,867 | €10,252 | +€2,385 | +30.3% |
| Taxes | 450/3 | €7,867 | €10,252 | +€2,385 | +30.3% |
| Accrued charges and deferred income | 492/3 | €1,554 | €4,022 | +€2,469 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,676 | €53,275 | +€1,599 | +3.1% |
| Other operating charges | 640/8 | €968 | €12,179 | +€11,211 | +1,159% |
| Gross operating margin | 9900 | €81,316 | €86,672 | +€5,356 | +6.6% |
| Operating profit (loss) | 9901 | €28,672 | €21,218 | -€7,454 | -26.0% |
| Financial charges | 65/66B | €21,308 | €15,656 | -€5,652 | -26.5% |
| Recurring financial charges | 65 | €21,308 | €15,656 | -€5,652 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €7,364 | €5,562 | -€1,802 | -24.5% |
| Profit (loss) for the period | 9904 | €7,364 | €5,562 | -€1,802 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,364 | €5,562 | -€1,802 | -24.5% |
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 14 October 2026 via checked.be.