QUANTEC: 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.
QUANTEC
Largest movements
- Tangible fixed assets -€116,649
down €116,649 (-7.1%), from €1.6m to €1.5m
- Cash -€22,569
down €22,569 (-14.8%), from €152,362 to €129,793
mainly Net result for the year (-€114,203) and Trade debts (-€27,266)
- Profit (loss) carried forward -€114,203
down €114,203 (-3.6%), from -€3.1m to -€3.3m
- Trade debts -€27,266
no longer reported in 2025 (was €27,266)
- Gross operating margin -€46,359
down €46,359 (-79.7%), from €58,156 to €11,797
- Other operating charges -€24,503
down €24,503 (-73.1%), from €33,538 to €9,035
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 | €1,790,991 | €1,650,490 | -€140,501 | -7.8% |
| Fixed assets | 21/28 | €1,633,302 | €1,516,653 | -€116,649 | -7.1% |
| Tangible fixed assets | 22/27 | €1,632,362 | €1,515,713 | -€116,649 | -7.1% |
| Land and buildings | 22 | €1,632,362 | €1,515,713 | -€116,649 | -7.1% |
| Financial fixed assets | 28 | €940 | €940 | = | 0.0% |
| Current assets | 29/58 | €157,689 | €133,837 | -€23,852 | -15.1% |
| Amounts receivable within one year | 40/41 | €4,598 | €3,409 | -€1,190 | -25.9% |
| Trade receivables | 40 | €4,598 | €3,409 | -€1,190 | -25.9% |
| Cash at bank and in hand | 54/58 | €152,362 | €129,793 | -€22,569 | -14.8% |
| Deferred charges and accrued income | 490/1 | €728 | €636 | -€93 | -12.8% |
| Total equity and liabilities | 10/49 | €1,790,991 | €1,650,490 | -€140,501 | -7.8% |
| Equity | 10/15 | -€1,852,251 | -€1,966,453 | -€114,203 | -6.2% |
| Contributions | 10/11 | €1,285,000 | €1,285,000 | = | 0.0% |
| Capital | 10 | €1,285,000 | €1,285,000 | = | 0.0% |
| Issued capital | 100 | €1,285,000 | €1,285,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,144,751 | -€3,258,953 | -€114,203 | -3.6% |
| Amounts payable | 17/49 | €3,643,242 | €3,616,943 | -€26,298 | -0.7% |
| Amounts payable within one year | 42/48 | €3,643,242 | €3,615,976 | -€27,266 | -0.7% |
| Trade debts | 44 | €27,266 | - | -€27,266 | |
| Suppliers | 440/4 | €27,266 | - | -€27,266 | |
| Other amounts payable | 47/48 | €3,615,976 | €3,615,976 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €968 | +€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,649 | €116,649 | = | 0.0% |
| Other operating charges | 640/8 | €33,538 | €9,035 | -€24,503 | -73.1% |
| Gross operating margin | 9900 | €58,156 | €11,797 | -€46,359 | -79.7% |
| Operating profit (loss) | 9901 | -€92,031 | -€113,887 | -€21,856 | -23.7% |
| Financial charges | 65/66B | €410 | €316 | -€94 | -22.9% |
| Recurring financial charges | 65 | €410 | €316 | -€94 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€92,441 | -€114,203 | -€21,762 | -23.5% |
| Profit (loss) for the period | 9904 | -€92,441 | -€114,203 | -€21,762 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,441 | -€114,203 | -€21,762 | -23.5% |
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 28 September 2026 via checked.be.