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Quantum Radiology: 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.

What changed

Quantum Radiology

BE 1011.510.258
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€57,200
2024 · €36,872+€20,328
Equity
€98,071
2024 · €40,872+€57,200
Cash
€41,043
2024 · €49,185-€8,141
Balance sheet total
€119,219
2024 · €51,169+€68,049

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€56,533

    up €56,533 (+7416.7%), from €762 to €57,296

    of which Trade receivables: +€56,283

  • Tangible fixed assets +€17,046

    new in 2025: €17,046

    of which Plant, machinery and equipment: +€12,762

  • Cash -€8,141

    down €8,141 (-16.6%), from €49,185 to €41,043

    mainly Receivables within one year (-€56,533) and Investment in fixed assets (net) (-€18,298)

  • Current investments +€3,000

    new in 2025: €3,000

Equity and liabilities
  • Reserves +€57,200

    up €57,200 (+155.1%), from €36,872 to €94,071

  • Tax, wage and social debts +€8,057

    up €8,057 (+87.4%), from €9,218 to €17,274

  • Trade debts +€3,873

    new in 2025: €3,873

Income statement
  • Gross operating margin +€34,247

    up €34,247 (+74.3%), from €46,088 to €80,335

  • Taxes +€8,057

    up €8,057 (+87.4%), from €9,218 to €17,274

  • Financial charges +€3,459

    new in 2025: €3,459

  • Depreciation +€1,252

    new in 2025: €1,252

  • Other operating charges +€1,151

    new in 2025: €1,151

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €36,872
Gross operating margin +€34,247
Depreciation -€1,252
Other operating charges -€1,151
Financial income -€1
Financial charges -€3,459
Taxes -€8,057
Result 2025 €57,200

Cash bridge derived

cash 2024 to 2025

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.

From operations +€13,157
Investment -€21,298
Financing €0
Cash 2024 €49,185
Net result for the year +€57,200
Depreciation +€1,252
Receivables within one year -€56,533
Deferred charges and accrued income +€389
Trade debts +€3,873
Tax, wage and social debts +€8,057
Accrued charges and deferred income -€1,080
Investment in fixed assets (net) -€18,298
Current investments -€3,000
Cash 2025 €41,043
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €51,169 €119,219 +€68,049 +133.0%
Fixed assets 21/28 - €17,046 +€17,046
Tangible fixed assets 22/27 - €17,046 +€17,046
Plant, machinery and equipment 23 - €12,762 +€12,762
Furniture and vehicles 24 - €4,285 +€4,285
Current assets 29/58 €51,169 €102,172 +€51,003 +99.7%
Amounts receivable within one year 40/41 €762 €57,296 +€56,533 +7416.7%
Trade receivables 40 €762 €57,045 +€56,283 +7383.8%
Other amounts receivable 41 - €251 +€251
Current investments 50/53 - €3,000 +€3,000
Cash at bank and in hand 54/58 €49,185 €41,043 -€8,141 -16.6%
Deferred charges and accrued income 490/1 €1,223 €833 -€389 -31.8%
Total equity and liabilities 10/49 €51,169 €119,219 +€68,049 +133.0%
Equity 10/15 €40,872 €98,071 +€57,200 +140.0%
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €36,872 €94,071 +€57,200 +155.1%
Distributable reserves 133 €36,872 €94,071 +€57,200 +155.1%
Amounts payable 17/49 €10,298 €21,147 +€10,849 +105.4%
Amounts payable within one year 42/48 €9,218 €21,147 +€11,929 +129.4%
Trade debts 44 - €3,873 +€3,873
Suppliers 440/4 - €3,873 +€3,873
Taxes, remuneration and social security 45 €9,218 €17,274 +€8,057 +87.4%
Taxes 450/3 €9,218 €17,274 +€8,057 +87.4%
Accrued charges and deferred income 492/3 €1,080 - -€1,080
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €1,252 +€1,252
Other operating charges 640/8 - €1,151 +€1,151
Gross operating margin 9900 €46,088 €80,335 +€34,247 +74.3%
Operating profit (loss) 9901 €46,088 €77,933 +€31,845 +69.1%
Financial income 75/76B €1 €0 -€1 -99.0%
Recurring financial income 75 €1 €0 -€1 -99.0%
Financial charges 65/66B - €3,459 +€3,459
Recurring financial charges 65 - €3,459 +€3,459
Profit (loss) for the period before taxes 9903 €46,089 €74,474 +€28,385 +61.6%
Income taxes 67/77 €9,218 €17,274 +€8,057 +87.4%
Profit (loss) for the period 9904 €36,872 €57,200 +€20,328 +55.1%
Profit (loss) for the period to be appropriated 9905 €36,872 €57,200 +€20,328 +55.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.