QUANTOZ: 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.
QUANTOZ
Largest movements
- Cash +€75,773
up €75,773 (+87.4%), from €86,687 to €162,459
mainly Net result for the year (+€141,321) and Depreciation (+€44,268)
- Tangible fixed assets -€33,672
down €33,672 (-3.9%), from €853,579 to €819,906
of which Land and buildings: -€33,078
- Financial fixed assets +€30,000
up €30,000 (+21.4%), from €140,000 to €170,000
- Reserves +€141,321
up €141,321 (+26.6%), from €530,563 to €671,885
- Debts after one year -€93,750
down €93,750 (-66.7%), from €140,625 to €46,875
- Gross operating margin +€46,153
up €46,153 (+20.8%), from €222,291 to €268,444
- Taxes +€15,361
up €15,361 (+33.0%), from €46,616 to €61,977
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 | €1,202,572 | €1,274,685 | +€72,113 | +6.0% |
| Fixed assets | 21/28 | €993,579 | €989,906 | -€3,672 | -0.4% |
| Tangible fixed assets | 22/27 | €853,579 | €819,906 | -€33,672 | -3.9% |
| Land and buildings | 22 | €848,112 | €815,034 | -€33,078 | -3.9% |
| Furniture and vehicles | 24 | €5,467 | €4,872 | -€594 | -10.9% |
| Financial fixed assets | 28 | €140,000 | €170,000 | +€30,000 | +21.4% |
| Current assets | 29/58 | €208,993 | €284,778 | +€75,785 | +36.3% |
| Amounts receivable within one year | 40/41 | €18,798 | €18,750 | -€48 | -0.3% |
| Trade receivables | 40 | €18,798 | €18,750 | -€48 | -0.3% |
| Current investments | 50/53 | €100,000 | €101,227 | +€1,227 | +1.2% |
| Cash at bank and in hand | 54/58 | €86,687 | €162,459 | +€75,773 | +87.4% |
| Deferred charges and accrued income | 490/1 | €3,509 | €2,342 | -€1,166 | -33.2% |
| Total equity and liabilities | 10/49 | €1,202,572 | €1,274,685 | +€72,113 | +6.0% |
| Equity | 10/15 | €676,007 | €817,328 | +€141,321 | +20.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €530,563 | €671,885 | +€141,321 | +26.6% |
| Distributable reserves | 133 | €530,563 | €671,885 | +€141,321 | +26.6% |
| Profit (loss) carried forward | 14 | €120,443 | €120,443 | = | 0.0% |
| Amounts payable | 17/49 | €526,565 | €457,357 | -€69,208 | -13.1% |
| Amounts payable after more than one year | 17 | €140,625 | €46,875 | -€93,750 | -66.7% |
| Financial debts | 170/4 | €140,625 | €46,875 | -€93,750 | -66.7% |
| Amounts payable within one year | 42/48 | €376,781 | €400,984 | +€24,203 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €93,750 | €93,750 | = | 0.0% |
| Trade debts | 44 | €7,347 | €17,652 | +€10,305 | +140% |
| Suppliers | 440/4 | €7,347 | €17,652 | +€10,305 | +140% |
| Taxes, remuneration and social security | 45 | €24,916 | €33,464 | +€8,548 | +34.3% |
| Taxes | 450/3 | €24,916 | €33,464 | +€8,548 | +34.3% |
| Other amounts payable | 47/48 | €250,768 | €256,118 | +€5,350 | +2.1% |
| Accrued charges and deferred income | 492/3 | €9,159 | €9,498 | +€339 | +3.7% |
| Non-recurring operating income | 76A | - | €18,573 | +€18,573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,322 | €44,268 | +€1,947 | +4.6% |
| Other operating charges | 640/8 | €3,052 | €3,148 | +€96 | +3.1% |
| Gross operating margin | 9900 | €222,291 | €268,444 | +€46,153 | +20.8% |
| Operating profit (loss) | 9901 | €176,917 | €221,027 | +€44,110 | +24.9% |
| Financial income | 75/76B | €1,140 | €1,753 | +€613 | +53.8% |
| Recurring financial income | 75 | €1,140 | €1,753 | +€613 | +53.8% |
| Financial charges | 65/66B | €21,393 | €19,481 | -€1,912 | -8.9% |
| Recurring financial charges | 65 | €21,393 | €19,481 | -€1,912 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €156,664 | €203,298 | +€46,635 | +29.8% |
| Income taxes | 67/77 | €46,616 | €61,977 | +€15,361 | +33.0% |
| Profit (loss) for the period | 9904 | €110,048 | €141,321 | +€31,274 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,048 | €141,321 | +€31,274 | +28.4% |
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 16 October 2026 via checked.be.