QUANTIZE: 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.
QUANTIZE
Largest movements
- Cash +€643,347
up €643,347 (+84.1%), from €765,206 to €1.4m
mainly Current investments (+€485,361) and Net result for the year (+€226,034)
- Current investments -€485,361
down €485,361 (-64.9%), from €748,242 to €262,881
- Tangible fixed assets -€29,984
down €29,984 (-15.9%), from €188,704 to €158,721
of which Furniture and vehicles: -€29,367
- Reserves +€84,061
up €84,061 (+15.6%), from €537,659 to €621,720
- Other debts +€35,065
up €35,065 (+4.9%), from €715,674 to €750,739
- Tax, wage and social debts +€20,760
up €20,760 (+92.0%), from €22,553 to €43,313
- Gross operating margin +€171,541
up €171,541 (+80.3%), from €213,563 to €385,104
- Taxes +€60,703
up €60,703 (+130.9%), from €46,390 to €107,094
- Financial income +€20,231
up €20,231 (+167.4%), from €12,084 to €32,316
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 | €1,735,631 | €1,875,706 | +€140,075 | +8.1% |
| Fixed assets | 21/28 | €191,117 | €161,134 | -€29,984 | -15.7% |
| Tangible fixed assets | 22/27 | €188,704 | €158,721 | -€29,984 | -15.9% |
| Land and buildings | 22 | €90,955 | €92,127 | +€1,172 | +1.3% |
| Plant, machinery and equipment | 23 | €1,889 | €1,391 | -€498 | -26.4% |
| Furniture and vehicles | 24 | €90,697 | €61,330 | -€29,367 | -32.4% |
| Other tangible fixed assets | 26 | €5,162 | €3,872 | -€1,291 | -25.0% |
| Financial fixed assets | 28 | €2,413 | €2,413 | = | 0.0% |
| Current assets | 29/58 | €1,544,514 | €1,714,573 | +€170,059 | +11.0% |
| Amounts receivable within one year | 40/41 | €30,020 | €42,014 | +€11,994 | +40.0% |
| Trade receivables | 40 | €8,470 | - | -€8,470 | |
| Other amounts receivable | 41 | €21,550 | €42,014 | +€20,464 | +95.0% |
| Current investments | 50/53 | €748,242 | €262,881 | -€485,361 | -64.9% |
| Cash at bank and in hand | 54/58 | €765,206 | €1,408,553 | +€643,347 | +84.1% |
| Deferred charges and accrued income | 490/1 | €1,046 | €1,125 | +€79 | +7.5% |
| Total equity and liabilities | 10/49 | €1,735,631 | €1,875,706 | +€140,075 | +8.1% |
| Equity | 10/15 | €997,259 | €1,081,320 | +€84,061 | +8.4% |
| Contributions | 10/11 | €459,600 | €459,600 | = | 0.0% |
| Reserves | 13 | €537,659 | €621,720 | +€84,061 | +15.6% |
| Distributable reserves | 133 | €537,659 | €621,720 | +€84,061 | +15.6% |
| Amounts payable | 17/49 | €738,373 | €794,387 | +€56,014 | +7.6% |
| Amounts payable within one year | 42/48 | €738,373 | €794,387 | +€56,014 | +7.6% |
| Trade debts | 44 | €146 | €335 | +€189 | +129.4% |
| Suppliers | 440/4 | €146 | €335 | +€189 | +129.4% |
| Taxes, remuneration and social security | 45 | €22,553 | €43,313 | +€20,760 | +92.0% |
| Taxes | 450/3 | €22,553 | €43,313 | +€20,760 | +92.0% |
| Other amounts payable | 47/48 | €715,674 | €750,739 | +€35,065 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,691 | €36,651 | +€961 | +2.7% |
| Other operating charges | 640/8 | €4,080 | €4,013 | -€67 | -1.6% |
| Gross operating margin | 9900 | €213,563 | €385,104 | +€171,541 | +80.3% |
| Operating profit (loss) | 9901 | €173,792 | €344,440 | +€170,648 | +98.2% |
| Financial income | 75/76B | €12,084 | €32,316 | +€20,231 | +167.4% |
| Recurring financial income | 75 | €12,084 | €32,316 | +€20,231 | +167.4% |
| Financial charges | 65/66B | €43,673 | €43,628 | -€45 | -0.1% |
| Recurring financial charges | 65 | €43,673 | €43,628 | -€45 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €142,204 | €333,128 | +€190,924 | +134.3% |
| Income taxes | 67/77 | €46,390 | €107,094 | +€60,703 | +130.9% |
| Profit (loss) for the period | 9904 | €95,814 | €226,034 | +€130,221 | +135.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,814 | €226,034 | +€130,221 | +135.9% |
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 9 October 2026 via checked.be.