QUANTUM NECESSE: what changed
Two fiscal 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 NECESSE
Largest movements
- Tangible fixed assets -€23,917
down €23,917 (-4.2%), from €569,924 to €546,007
of which Land and buildings: -€21,133
- Cash +€12,509
up €12,509 (+20.1%), from €62,211 to €74,720
mainly Net result for the year (+€54,388) and Depreciation (+€23,917)
- Debts after one year -€57,857
down €57,857 (-47.2%), from €122,708 to €64,851
- Reserves +€54,388
up €54,388 (+11.7%), from €465,609 to €519,997
of which Distributable reserves: +€54,388
- Other debts -€17,067
down €17,067 (-42.2%), from €40,428 to €23,361
- Taxes +€7,050
up €7,050 (+33.3%), from €21,157 to €28,207
- Gross operating margin +€5,409
up €5,409 (+5.1%), from €105,768 to €111,177
- Financial charges -€2,210
down €2,210 (-32.9%), from €6,714 to €4,504
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 | €752,475 | €738,309 | -€14,167 | -1.9% |
| Fixed assets | 21/28 | €569,924 | €546,007 | -€23,917 | -4.2% |
| Tangible fixed assets | 22/27 | €569,924 | €546,007 | -€23,917 | -4.2% |
| Land and buildings | 22 | €555,605 | €534,471 | -€21,133 | -3.8% |
| Plant, machinery and equipment | 23 | €1,454 | €1,001 | -€453 | -31.2% |
| Furniture and vehicles | 24 | €2,622 | €1,901 | -€721 | -27.5% |
| Other tangible fixed assets | 26 | €10,243 | €8,634 | -€1,610 | -15.7% |
| Current assets | 29/58 | €182,551 | €192,302 | +€9,751 | +5.3% |
| Amounts receivable within one year | 40/41 | €37,813 | €39,726 | +€1,913 | +5.1% |
| Trade receivables | 40 | €37,813 | €39,726 | +€1,913 | +5.1% |
| Current investments | 50/53 | €72,485 | €74,277 | +€1,792 | +2.5% |
| Cash at bank and in hand | 54/58 | €62,211 | €74,720 | +€12,509 | +20.1% |
| Deferred charges and accrued income | 490/1 | €10,042 | €3,579 | -€6,463 | -64.4% |
| Total equity and liabilities | 10/49 | €752,475 | €738,309 | -€14,167 | -1.9% |
| Equity | 10/15 | €484,209 | €538,597 | +€54,388 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €465,609 | €519,997 | +€54,388 | +11.7% |
| Tax-exempt reserves | 132 | €59 | €59 | = | 0.0% |
| Distributable reserves | 133 | €465,550 | €519,938 | +€54,388 | +11.7% |
| Provisions and deferred taxes | 16 | €25,494 | €25,494 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,494 | €25,494 | = | 0.0% |
| Pensions and similar obligations | 160 | €25,494 | €25,494 | = | 0.0% |
| Amounts payable | 17/49 | €242,772 | €174,218 | -€68,554 | -28.2% |
| Amounts payable after more than one year | 17 | €122,708 | €64,851 | -€57,857 | -47.2% |
| Financial debts | 170/4 | €122,708 | €64,851 | -€57,857 | -47.2% |
| Amounts payable within one year | 42/48 | €114,255 | €101,766 | -€12,489 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €56,369 | €57,857 | +€1,488 | +2.6% |
| Trade debts | 44 | €7,522 | €5,868 | -€1,654 | -22.0% |
| Suppliers | 440/4 | €7,522 | €5,868 | -€1,654 | -22.0% |
| Taxes, remuneration and social security | 45 | €9,937 | €14,680 | +€4,743 | +47.7% |
| Taxes | 450/3 | €9,937 | €14,680 | +€4,743 | +47.7% |
| Other amounts payable | 47/48 | €40,428 | €23,361 | -€17,067 | -42.2% |
| Accrued charges and deferred income | 492/3 | €5,809 | €7,601 | +€1,792 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,538 | €23,917 | -€621 | -2.5% |
| Other operating charges | 640/8 | €3,205 | €2,666 | -€539 | -16.8% |
| Gross operating margin | 9900 | €105,768 | €111,177 | +€5,409 | +5.1% |
| Operating profit (loss) | 9901 | €78,024 | €84,594 | +€6,569 | +8.4% |
| Financial income | 75/76B | €2,097 | €2,505 | +€408 | +19.5% |
| Recurring financial income | 75 | €2,097 | €2,505 | +€408 | +19.5% |
| Financial charges | 65/66B | €6,714 | €4,504 | -€2,210 | -32.9% |
| Recurring financial charges | 65 | €6,714 | €4,504 | -€2,210 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €73,408 | €82,595 | +€9,187 | +12.5% |
| Income taxes | 67/77 | €21,157 | €28,207 | +€7,050 | +33.3% |
| Profit (loss) for the period | 9904 | €52,250 | €54,388 | +€2,137 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,250 | €54,388 | +€2,137 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.