QUANTEO: 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.
QUANTEO
Largest movements
- Cash +€56,286
up €56,286 (+160%), from €35,080 to €91,366
mainly Other debts (+€47,251) and Net result for the year (+€46,954)
- Tangible fixed assets -€3,487
down €3,487 (-1.8%), from €191,840 to €188,354
of which Furniture and vehicles: -€11,067
- Receivables within one year +€3,265
up €3,265 (+7.8%), from €41,982 to €45,247
of which Other amounts receivable: +€4,409
- Other debts +€47,251
up €47,251 (+57.7%), from €81,902 to €129,153
- Debts after one year +€19,034
up €19,034 (+35.7%), from €53,277 to €72,310
- Reserves -€6,500
down €6,500 (-19.9%), from €32,647 to €26,147
- Current portion of long-term debt +€6,015
up €6,015 (+67.2%), from €8,957 to €14,972
- Tax, wage and social debts -€5,440
down €5,440 (-42.4%), from €12,823 to €7,383
- Gross operating margin +€19,124
up €19,124 (+21.3%), from €89,778 to €108,902
- Other operating charges -€6,956
down €6,956 (-88.2%), from €7,890 to €933
- Depreciation +€4,038
up €4,038 (+11.6%), from €34,710 to €38,748
- Financial charges +€3,101
up €3,101 (+42.3%), from €7,336 to €10,437
- Taxes -€1,804
down €1,804 (-13.0%), from €13,928 to €12,124
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 | €270,225 | €326,322 | +€56,097 | +20.8% |
| Fixed assets | 21/28 | €192,054 | €188,567 | -€3,487 | -1.8% |
| Tangible fixed assets | 22/27 | €191,840 | €188,354 | -€3,487 | -1.8% |
| Plant, machinery and equipment | 23 | €5,095 | €3,141 | -€1,954 | -38.4% |
| Furniture and vehicles | 24 | €36,264 | €25,198 | -€11,067 | -30.5% |
| Other tangible fixed assets | 26 | €150,481 | €160,015 | +€9,534 | +6.3% |
| Financial fixed assets | 28 | €214 | €214 | = | 0.0% |
| Current assets | 29/58 | €78,171 | €137,754 | +€59,584 | +76.2% |
| Amounts receivable within one year | 40/41 | €41,982 | €45,247 | +€3,265 | +7.8% |
| Trade receivables | 40 | €37,410 | €36,266 | -€1,144 | -3.1% |
| Other amounts receivable | 41 | €4,572 | €8,982 | +€4,409 | +96.4% |
| Cash at bank and in hand | 54/58 | €35,080 | €91,366 | +€56,286 | +160% |
| Deferred charges and accrued income | 490/1 | €1,108 | €1,141 | +€32 | +2.9% |
| Total equity and liabilities | 10/49 | €270,225 | €326,322 | +€56,097 | +20.8% |
| Equity | 10/15 | €97,647 | €91,147 | -€6,500 | -6.7% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €32,647 | €26,147 | -€6,500 | -19.9% |
| Distributable reserves | 133 | €32,647 | €26,147 | -€6,500 | -19.9% |
| Amounts payable | 17/49 | €172,577 | €235,175 | +€62,597 | +36.3% |
| Amounts payable after more than one year | 17 | €53,277 | €72,310 | +€19,034 | +35.7% |
| Financial debts | 170/4 | €53,277 | €72,310 | +€19,034 | +35.7% |
| Amounts payable within one year | 42/48 | €111,333 | €153,845 | +€42,511 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €8,957 | €14,972 | +€6,015 | +67.2% |
| Trade debts | 44 | €5,653 | €2,336 | -€3,317 | -58.7% |
| Suppliers | 440/4 | €5,653 | €2,336 | -€3,317 | -58.7% |
| Advances received on contracts in progress | 46 | €1,998 | - | -€1,998 | |
| Taxes, remuneration and social security | 45 | €12,823 | €7,383 | -€5,440 | -42.4% |
| Taxes | 450/3 | €12,823 | €7,383 | -€5,440 | -42.4% |
| Other amounts payable | 47/48 | €81,902 | €129,153 | +€47,251 | +57.7% |
| Accrued charges and deferred income | 492/3 | €7,967 | €9,020 | +€1,052 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,710 | €38,748 | +€4,038 | +11.6% |
| Other operating charges | 640/8 | €7,890 | €933 | -€6,956 | -88.2% |
| Gross operating margin | 9900 | €89,778 | €108,902 | +€19,124 | +21.3% |
| Operating profit (loss) | 9901 | €47,179 | €69,221 | +€22,042 | +46.7% |
| Financial income | 75/76B | €232 | €294 | +€61 | +26.4% |
| Recurring financial income | 75 | €232 | €294 | +€61 | +26.4% |
| Financial charges | 65/66B | €7,336 | €10,437 | +€3,101 | +42.3% |
| Recurring financial charges | 65 | €7,336 | €10,437 | +€3,101 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €40,075 | €59,078 | +€19,002 | +47.4% |
| Income taxes | 67/77 | €13,928 | €12,124 | -€1,804 | -13.0% |
| Profit (loss) for the period | 9904 | €26,147 | €46,954 | +€20,807 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,147 | €46,954 | +€20,807 | +79.6% |
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 22 October 2026 via checked.be.