QUANTEN ARD: what changed
What changed
QUANTEN ARD
NACE 73.110, Advertising agencies
filed annual accounts (NBB)
Net result for the year
€3,295
2024 · €16,643-€13,349
Equity
€110,022
2024 · €106,727+€3,295
Cash
€36,500
2024 · €10,178+€26,322
Balance sheet total
€536,113
2024 · €513,148+€22,965
Largest movements
Assets
- Cash +€26,322
up €26,322 (+259%), from €10,178 to €36,500
mainly Debts after one year (+€34,109) and Depreciation (+€24,796)
Equity and liabilities
- Debts after one year +€34,109
up €34,109 (+11.6%), from €293,550 to €327,659
- Other debts -€16,260
down €16,260 (-100%), from €16,260 to €0
- Current portion of long-term debt +€8,932
up €8,932 (+17.6%), from €50,890 to €59,822
- Short-term financial debts +€6,478
up €6,478 (+212%), from €3,055 to €9,533
- Accrued charges and deferred income -€6,210
down €6,210 (-100%), from €6,210 to €0
Income statement
- Gross operating margin -€12,253
down €12,253 (-21.9%), from €55,838 to €43,585
- Depreciation +€4,765
up €4,765 (+23.8%), from €20,030 to €24,796
- Taxes -€4,209
down €4,209 (-46.3%), from €9,097 to €4,887
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€16,643
Gross operating margin
-€12,253
Depreciation
-€4,765
Other operating charges
-€166
Financial income
-€241
Financial charges
-€132
Taxes
+€4,209
Result 2025
€3,295
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€763
Investment
-€23,960
Financing
+€49,519
Cash 2024
€10,178
From operations (derived)
+€763
Net result for the year
+€3,295
Depreciation
+€24,796
Receivables within one year
-€1,798
Deferred charges and accrued income
+€4,319
Trade debts
-€2,272
Tax, wage and social debts
-€5,106
Other debts
-€16,260
Accrued charges and deferred income
-€6,210
Investment (derived)
-€23,960
Investment in fixed assets (net)
-€23,960
Financing
+€49,519
Debts after one year
+€34,109
Current portion of long-term debt
+€8,932
Short-term financial debts
+€6,478
Cash 2025
€36,500
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €513,148 | €536,113 | +€22,965 | +4.5% |
| Fixed assets | 21/28 | €446,929 | €446,093 | -€836 | -0.2% |
| Tangible fixed assets | 22/27 | €446,929 | €446,093 | -€836 | -0.2% |
| Land and buildings | 22 | €428,165 | €433,304 | +€5,139 | +1.2% |
| Furniture and vehicles | 24 | €13,687 | €9,908 | -€3,779 | -27.6% |
| Other tangible fixed assets | 26 | €5,076 | €2,881 | -€2,196 | -43.3% |
| Current assets | 29/58 | €66,219 | €90,020 | +€23,801 | +35.9% |
| Amounts receivable within one year | 40/41 | €49,144 | €50,941 | +€1,798 | +3.7% |
| Trade receivables | 40 | €25,343 | €17,959 | -€7,384 | -29.1% |
| Other amounts receivable | 41 | €23,801 | €32,982 | +€9,182 | +38.6% |
| Cash at bank and in hand | 54/58 | €10,178 | €36,500 | +€26,322 | +259% |
| Deferred charges and accrued income | 490/1 | €6,898 | €2,579 | -€4,319 | -62.6% |
| Total equity and liabilities | 10/49 | €513,148 | €536,113 | +€22,965 | +4.5% |
| Equity | 10/15 | €106,727 | €110,022 | +€3,295 | +3.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €94,327 | €97,622 | +€3,295 | +3.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €141 | €141 | = | 0.0% |
| Distributable reserves | 133 | €94,186 | €97,480 | +€3,295 | +3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €406,421 | €426,091 | +€19,670 | +4.8% |
| Amounts payable after more than one year | 17 | €293,550 | €327,659 | +€34,109 | +11.6% |
| Financial debts | 170/4 | €293,550 | €327,659 | +€34,109 | +11.6% |
| Amounts payable within one year | 42/48 | €106,661 | €98,433 | -€8,228 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €50,890 | €59,822 | +€8,932 | +17.6% |
| Financial debts | 43 | €3,055 | €9,533 | +€6,478 | +212% |
| Other loans | 439 | €3,055 | €9,533 | +€6,478 | +212% |
| Trade debts | 44 | €5,063 | €2,791 | -€2,272 | -44.9% |
| Suppliers | 440/4 | €5,063 | €2,791 | -€2,272 | -44.9% |
| Taxes, remuneration and social security | 45 | €31,392 | €26,286 | -€5,106 | -16.3% |
| Taxes | 450/3 | €31,392 | €26,286 | -€5,106 | -16.3% |
| Other amounts payable | 47/48 | €16,260 | €0 | -€16,260 | -100% |
| Accrued charges and deferred income | 492/3 | €6,210 | €0 | -€6,210 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,030 | €24,796 | +€4,765 | +23.8% |
| Other operating charges | 640/8 | €1,426 | €1,592 | +€166 | +11.7% |
| Gross operating margin | 9900 | €55,838 | €43,585 | -€12,253 | -21.9% |
| Operating profit (loss) | 9901 | €34,382 | €17,197 | -€17,185 | -50.0% |
| Financial income | 75/76B | €1,026 | €785 | -€241 | -23.5% |
| Recurring financial income | 75 | €1,026 | €785 | -€241 | -23.5% |
| Financial charges | 65/66B | €9,668 | €9,800 | +€132 | +1.4% |
| Recurring financial charges | 65 | €9,668 | €9,800 | +€132 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €25,740 | €8,182 | -€17,558 | -68.2% |
| Income taxes | 67/77 | €9,097 | €4,887 | -€4,209 | -46.3% |
| Profit (loss) for the period | 9904 | €16,643 | €3,295 | -€13,349 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,643 | €3,295 | -€13,349 | -80.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.