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QUANTUM SPRING: 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 SPRING

BE 0696.719.128
NACE 62.900, Other information technology and computer services
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
-€22,398
2020 · -€16,484-€5,914
Equity
-€37,897
2020 · -€15,499-€22,398
Cash
-
2020 · €2,062-€2,062
Balance sheet total
€14,415
2020 · €6,517+€7,898

Largest movements

2020 to 2021
Assets
  • Receivables within one year +€9,960

    up €9,960 (+223.6%), from €4,455 to €14,415

    of which Trade receivables: +€13,700

  • Cash -€2,062

    no longer reported in 2021 (was €2,062)

    mainly Net result for the year (-€22,398) and Receivables within one year (-€9,960)

Equity and liabilities
  • Debts within one year +€30,296

    up €30,296 (+137.6%), from €22,016 to €52,312

    of which Other debts: +€34,545

  • Equity -€22,398

    down €22,398 (-144.5%), from -€15,499 to -€37,897

    of which Profit (loss) carried forward: -€22,398

Income statement
  • Staff costs +€30,492

    new in 2021: €30,492

  • Gross operating margin +€5,022

    up €5,022 (+112.8%), from €4,451 to €9,473

  • Other operating charges +€1,361

    new in 2021: €1,361

From the 2020 result to the 2021 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 2020 -€16,484
Gross operating margin +€5,022
Staff costs -€30,492
Other operating charges -€1,361
Other operating items +€20,410
Financial charges -€18
Other financial items +€525
Result 2021 -€22,398

Cash bridge derived

cash 2020 to 2021

Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€2,062
Investment €0
Financing €0
Cash 2020 €2,062
Net result for the year -€22,398
Receivables within one year -€9,960
Debts within one year +€30,296
Cash 2021 €0
Every line side by side 29 lines
Line Code 2020 2021 Change %
Total assets 20/58 €6,517 €14,415 +€7,898 +121.2%
Current assets 29/58 €6,517 €14,415 +€7,898 +121.2%
Amounts receivable within one year 40/41 €4,455 €14,415 +€9,960 +223.6%
Trade receivables 40 - €13,700 +€13,700
Other amounts receivable 41 - €715 +€715
Cash at bank and in hand 54/58 €2,062 - -€2,062
Total equity and liabilities 10/49 €6,517 €14,415 +€7,898 +121.2%
Equity 10/15 -€15,499 -€37,897 -€22,398 -144.5%
Contributions 10/11 - €1,000 +€1,000
Profit (loss) carried forward 14 -€16,499 -€38,897 -€22,398 -135.8%
Amounts payable 17/49 €22,016 €52,312 +€30,296 +137.6%
Amounts payable within one year 42/48 €22,016 €52,312 +€30,296 +137.6%
Financial debts 43 - €5,487 +€5,487
Credit institutions 430/8 - €5,487 +€5,487
Trade debts 44 €5,413 €5,516 +€103 +1.9%
Suppliers 440/4 - €5,516 +€5,516
Taxes, remuneration and social security 45 - €6,764 +€6,764
Taxes 450/3 - €2,202 +€2,202
Remuneration and social security 454/9 - €4,562 +€4,562
Other amounts payable 47/48 - €34,545 +€34,545
Remuneration, social security and pensions 62 - €30,492 +€30,492
Other operating charges 640/8 - €1,361 +€1,361
Gross operating margin 9900 €4,451 €9,473 +€5,022 +112.8%
Operating profit (loss) 9901 -€15,959 -€22,381 -€6,422 -40.2%
Financial charges 65/66B - €18 +€18
Recurring financial charges 65 €525 €18 -€508 -96.7%
Profit (loss) for the period before taxes 9903 -€16,484 -€22,398 -€5,914 -35.9%
Profit (loss) for the period 9904 -€16,484 -€22,398 -€5,914 -35.9%
Profit (loss) for the period to be appropriated 9905 -€16,484 -€22,398 -€5,914 -35.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.