QUANTEA: 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.
QUANTEA
Largest movements
- Intangible fixed assets -€41,379
no longer reported in 2025 (was €41,379)
- Receivables within one year +€29,403
up €29,403 (+95.2%), from €30,885 to €60,288
of which Trade receivables: +€27,652
- Cash +€20,292
up €20,292 (+612.1%), from €3,315 to €23,608
mainly Net result for the year (+€82,090) and Other debts (+€64,626)
- Tangible fixed assets -€10,227
down €10,227 (-30.2%), from €33,840 to €23,613
of which Furniture and vehicles: -€8,529
- Other debts +€64,626
new in 2025: €64,626
- Investment grants -€42,050
no longer reported in 2025 (was €42,050)
- Profit (loss) carried forward +€17,464
no longer reported in 2025 (was -€17,464)
- Tax, wage and social debts -€16,415
down €16,415 (-83.1%), from €19,751 to €3,335
of which Taxes: -€11,806
- Debts after one year -€10,564
down €10,564 (-54.2%), from €19,485 to €8,922
- Financial income +€38,518
up €38,518 (+881.3%), from €4,371 to €42,889
- Staff costs -€31,259
down €31,259 (-60.5%), from €51,661 to €20,402
- Gross operating margin +€26,159
up €26,159 (+41.1%), from €63,667 to €89,825
- Taxes +€19,120
up €19,120 (+11642.7%), from €164 to €19,284
- Depreciation -€18,461
down €18,461 (-71.7%), from €25,732 to €7,271
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.
Cash bridge derived
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 | €110,295 | €108,347 | -€1,948 | -1.8% |
| Fixed assets | 21/28 | €75,929 | €23,613 | -€52,316 | -68.9% |
| Intangible fixed assets | 21 | €41,379 | - | -€41,379 | |
| Tangible fixed assets | 22/27 | €33,840 | €23,613 | -€10,227 | -30.2% |
| Plant, machinery and equipment | 23 | €1,698 | - | -€1,698 | |
| Furniture and vehicles | 24 | €32,142 | €23,613 | -€8,529 | -26.5% |
| Financial fixed assets | 28 | €710 | - | -€710 | |
| Current assets | 29/58 | €34,366 | €84,734 | +€50,368 | +146.6% |
| Amounts receivable within one year | 40/41 | €30,885 | €60,288 | +€29,403 | +95.2% |
| Trade receivables | 40 | €16,343 | €43,995 | +€27,652 | +169.2% |
| Other amounts receivable | 41 | €14,542 | €16,292 | +€1,751 | +12.0% |
| Cash at bank and in hand | 54/58 | €3,315 | €23,608 | +€20,292 | +612.1% |
| Deferred charges and accrued income | 490/1 | €166 | €839 | +€673 | +406.4% |
| Total equity and liabilities | 10/49 | €110,295 | €108,347 | -€1,948 | -1.8% |
| Equity | 10/15 | €43,806 | €19,220 | -€24,586 | -56.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,464 | - | +€17,464 | |
| Investment grants | 15 | €42,050 | - | -€42,050 | |
| Amounts payable | 17/49 | €66,488 | €89,127 | +€22,639 | +34.0% |
| Amounts payable after more than one year | 17 | €19,485 | €8,922 | -€10,564 | -54.2% |
| Financial debts | 170/4 | €19,485 | €8,922 | -€10,564 | -54.2% |
| Amounts payable within one year | 42/48 | €47,003 | €80,205 | +€33,202 | +70.6% |
| Current portion of amounts payable after more than one year | 42 | €19,143 | €10,564 | -€8,579 | -44.8% |
| Financial debts | 43 | €1,693 | - | -€1,693 | |
| Credit institutions | 430/8 | €1,693 | - | -€1,693 | |
| Trade debts | 44 | €6,417 | €1,680 | -€4,737 | -73.8% |
| Suppliers | 440/4 | €6,417 | €1,680 | -€4,737 | -73.8% |
| Taxes, remuneration and social security | 45 | €19,751 | €3,335 | -€16,415 | -83.1% |
| Taxes | 450/3 | €11,806 | - | -€11,806 | |
| Remuneration and social security | 454/9 | €7,945 | €3,335 | -€4,609 | -58.0% |
| Other amounts payable | 47/48 | - | €64,626 | +€64,626 | |
| Remuneration, social security and pensions | 62 | €51,661 | €20,402 | -€31,259 | -60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,732 | €7,271 | -€18,461 | -71.7% |
| Other operating charges | 640/8 | €3,541 | €1,636 | -€1,905 | -53.8% |
| Non-recurring operating charges | 66A | €2,005 | €508 | -€1,497 | -74.7% |
| Gross operating margin | 9900 | €63,667 | €89,825 | +€26,159 | +41.1% |
| Operating profit (loss) | 9901 | -€19,271 | €60,009 | +€79,280 | |
| Financial income | 75/76B | €4,371 | €42,889 | +€38,518 | +881.3% |
| Recurring financial income | 75 | €4,371 | €42,889 | +€38,518 | +881.3% |
| Financial charges | 65/66B | €2,399 | €1,524 | -€875 | -36.5% |
| Recurring financial charges | 65 | €2,399 | €1,524 | -€875 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,300 | €101,374 | +€118,674 | |
| Income taxes | 67/77 | €164 | €19,284 | +€19,120 | +11642.7% |
| Profit (loss) for the period | 9904 | -€17,464 | €82,090 | +€99,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,464 | €82,090 | +€99,554 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.