Quantum Entrepreneur: 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.
Quantum Entrepreneur
Largest movements
- Cash -€113,264
down €113,264 (-76.9%), from €147,273 to €34,009
mainly Other debts (-€69,576) and Net result for the year (-€25,758)
- Receivables within one year +€13,871
up €13,871 (+55.6%), from €24,948 to €38,819
of which Trade receivables: +€20,301
- Deferred charges and accrued income -€2,514
down €2,514 (-97.6%), from €2,575 to €61
- Other debts -€69,576
down €69,576 (-67.7%), from €102,772 to €33,197
- Profit (loss) carried forward -€25,758
new in 2025: -€25,758
- Tax, wage and social debts -€11,628
down €11,628 (-87.6%), from €13,267 to €1,639
- Trade debts +€6,120
up €6,120 (+201%), from €3,049 to €9,169
- Gross operating margin -€70,134
down €70,134, from €49,794 to -€20,340
- Taxes -€10,814
down €10,814 (-96.8%), from €11,170 to €356
- Depreciation +€1,359
up €1,359 (+53.8%), from €2,528 to €3,887
- Other operating charges +€668
up €668 (+257%), from €260 to €927
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 | €192,621 | €91,648 | -€100,974 | -52.4% |
| Fixed assets | 21/28 | €17,826 | €18,759 | +€933 | +5.2% |
| Tangible fixed assets | 22/27 | €17,826 | €18,759 | +€933 | +5.2% |
| Furniture and vehicles | 24 | €5,845 | €4,367 | -€1,478 | -25.3% |
| Other tangible fixed assets | 26 | €11,980 | €14,391 | +€2,411 | +20.1% |
| Current assets | 29/58 | €174,796 | €72,889 | -€101,906 | -58.3% |
| Amounts receivable within one year | 40/41 | €24,948 | €38,819 | +€13,871 | +55.6% |
| Trade receivables | 40 | €18,518 | €38,819 | +€20,301 | +110% |
| Other amounts receivable | 41 | €6,430 | - | -€6,430 | |
| Cash at bank and in hand | 54/58 | €147,273 | €34,009 | -€113,264 | -76.9% |
| Deferred charges and accrued income | 490/1 | €2,575 | €61 | -€2,514 | -97.6% |
| Total equity and liabilities | 10/49 | €192,621 | €91,648 | -€100,974 | -52.4% |
| Equity | 10/15 | €73,402 | €47,643 | -€25,758 | -35.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,402 | €71,402 | = | 0.0% |
| Distributable reserves | 133 | €71,402 | €71,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,758 | -€25,758 | |
| Amounts payable | 17/49 | €119,220 | €44,005 | -€75,215 | -63.1% |
| Amounts payable within one year | 42/48 | €119,088 | €44,005 | -€75,084 | -63.0% |
| Trade debts | 44 | €3,049 | €9,169 | +€6,120 | +201% |
| Suppliers | 440/4 | €3,049 | €9,169 | +€6,120 | +201% |
| Taxes, remuneration and social security | 45 | €13,267 | €1,639 | -€11,628 | -87.6% |
| Taxes | 450/3 | €13,267 | €1,639 | -€11,628 | -87.6% |
| Other amounts payable | 47/48 | €102,772 | €33,197 | -€69,576 | -67.7% |
| Accrued charges and deferred income | 492/3 | €131 | - | -€131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,528 | €3,887 | +€1,359 | +53.8% |
| Other operating charges | 640/8 | €260 | €927 | +€668 | +257% |
| Non-recurring operating charges | 66A | €534 | - | -€534 | |
| Gross operating margin | 9900 | €49,794 | -€20,340 | -€70,134 | |
| Operating profit (loss) | 9901 | €46,472 | -€25,154 | -€71,627 | |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €339 | €248 | -€91 | -26.8% |
| Recurring financial charges | 65 | €339 | €248 | -€91 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €46,145 | -€25,402 | -€71,547 | |
| Income taxes | 67/77 | €11,170 | €356 | -€10,814 | -96.8% |
| Profit (loss) for the period | 9904 | €34,975 | -€25,758 | -€60,733 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,975 | -€25,758 | -€60,733 |
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 25 October 2026 via checked.be.