Quantexa: 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.
Quantexa
Largest movements
- Receivables within one year +€2.5m
up €2.5m (+248.5%), from €1.0m to €3.5m
of which Trade receivables: +€1.6m
- Cash +€194,586
up €194,586 (+16.1%), from €1.2m to €1.4m
mainly Accrued charges and deferred income (+€1.7m) and Other debts (+€704,493)
- Accrued charges and deferred income +€1.7m
up €1.7m (+118.5%), from €1.4m to €3.1m
- Other debts +€704,493
up €704,493 (+25.8%), from €2.7m to €3.4m
- Profit (loss) carried forward +€224,617
up €224,617 (+10.7%), from -€2.1m to -€1.9m
- Trade debts +€158,202
up €158,202 (+232.7%), from €67,979 to €226,181
- Gross operating margin +€674,341
up €674,341 (+52.9%), from €1.3m to €1.9m
- Staff costs +€259,826
up €259,826 (+21.4%), from €1.2m to €1.5m
- Financial charges +€122,420
up €122,420 (+72.0%), from €170,043 to €292,462
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,253,907 | €5,031,015 | +€2.8m | +123.2% |
| Fixed assets | 21/28 | €27,519 | €69,955 | +€42,436 | +154.2% |
| Tangible fixed assets | 22/27 | €18,744 | €19,190 | +€447 | +2.4% |
| Plant, machinery and equipment | 23 | €18,744 | €19,190 | +€447 | +2.4% |
| Financial fixed assets | 28 | €8,775 | €50,764 | +€41,989 | +478.5% |
| Current assets | 29/58 | €2,226,388 | €4,961,061 | +€2.7m | +122.8% |
| Amounts receivable within one year | 40/41 | €1,008,635 | €3,514,849 | +€2.5m | +248.5% |
| Trade receivables | 40 | €853,128 | €2,415,917 | +€1.6m | +183.2% |
| Other amounts receivable | 41 | €155,508 | €1,098,932 | +€943,424 | +606.7% |
| Cash at bank and in hand | 54/58 | €1,209,536 | €1,404,121 | +€194,586 | +16.1% |
| Deferred charges and accrued income | 490/1 | €8,217 | €42,090 | +€33,873 | +412.2% |
| Total equity and liabilities | 10/49 | €2,253,907 | €5,031,015 | +€2.8m | +123.2% |
| Equity | 10/15 | -€2,090,735 | -€1,866,118 | +€224,617 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,103,135 | -€1,878,518 | +€224,617 | +10.7% |
| Amounts payable | 17/49 | €4,344,642 | €6,897,133 | +€2.6m | +58.8% |
| Amounts payable within one year | 42/48 | €2,947,978 | €3,845,686 | +€897,708 | +30.5% |
| Trade debts | 44 | €67,979 | €226,181 | +€158,202 | +232.7% |
| Suppliers | 440/4 | €67,979 | €226,181 | +€158,202 | +232.7% |
| Taxes, remuneration and social security | 45 | €146,171 | €181,184 | +€35,013 | +24.0% |
| Taxes | 450/3 | €18,204 | €16,936 | -€1,268 | -7.0% |
| Remuneration and social security | 454/9 | €127,967 | €164,249 | +€36,282 | +28.4% |
| Other amounts payable | 47/48 | €2,733,827 | €3,438,320 | +€704,493 | +25.8% |
| Accrued charges and deferred income | 492/3 | €1,396,664 | €3,051,448 | +€1.7m | +118.5% |
| Remuneration, social security and pensions | 62 | €1,215,366 | €1,475,192 | +€259,826 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,604 | €13,266 | +€6,662 | +100.9% |
| Gross operating margin | 9900 | €1,275,261 | €1,949,601 | +€674,341 | +52.9% |
| Operating profit (loss) | 9901 | €53,290 | €461,143 | +€407,853 | +765.3% |
| Financial income | 75/76B | €40,835 | €55,936 | +€15,102 | +37.0% |
| Recurring financial income | 75 | €40,835 | €55,936 | +€15,102 | +37.0% |
| Financial charges | 65/66B | €170,043 | €292,462 | +€122,420 | +72.0% |
| Recurring financial charges | 65 | €170,043 | €292,462 | +€122,420 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | -€75,918 | €224,617 | +€300,535 | |
| Profit (loss) for the period | 9904 | -€75,918 | €224,617 | +€300,535 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,918 | €224,617 | +€300,535 |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.