Quantum Storage Belgium: 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.
What changed
Quantum Storage Belgium
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€112,143
2023 · €84,760+€27,383
Equity
€394,514
2023 · €282,370+€112,143
Cash
€39,461
2023 · €6,368+€33,093
Balance sheet total
€4.2m
2023 · €2.5m+€1.6m
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+67.7%), from €2.4m to €4.0m
of which Other amounts receivable: +€1.7m
Equity and liabilities
- Other debts +€1.6m
up €1.6m (+92.0%), from €1.7m to €3.3m
- Profit (loss) carried forward +€112,143
up €112,143 (+39.9%), from €281,370 to €393,514
Income statement
- Staff costs -€238,745
down €238,745 (-9.6%), from €2.5m to €2.2m
- Gross operating margin -€228,490
down €228,490 (-8.5%), from €2.7m to €2.5m
From the 2023 result to the 2024 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 2023
€84,760
Gross operating margin
-€228,490
Staff costs
+€238,745
Depreciation
-€5,245
Other operating charges
+€3,761
Financial income
+€0
Financial charges
+€3,729
Taxes
+€14,883
Result 2024
€112,143
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€33,293
Investment
-€200
Financing
€0
Cash 2023
€6,368
From operations (derived)
+€33,293
Net result for the year
+€112,143
Depreciation
+€28,696
Receivables within one year
-€1.6m
Smaller working-capital items
+€1,914
Trade debts
-€24,922
Tax, wage and social debts
-€17,094
Other debts
+€1.6m
Investment (derived)
-€200
Investment in fixed assets (net)
-€200
Cash 2024
€39,461
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,531,338 | €4,161,532 | +€1.6m | +64.4% |
| Fixed assets | 21/28 | €88,125 | €59,629 | -€28,496 | -32.3% |
| Tangible fixed assets | 22/27 | €60,766 | €32,070 | -€28,696 | -47.2% |
| Furniture and vehicles | 24 | €60,766 | €32,070 | -€28,696 | -47.2% |
| Financial fixed assets | 28 | €27,359 | €27,559 | +€200 | +0.7% |
| Current assets | 29/58 | €2,443,213 | €4,101,904 | +€1.7m | +67.9% |
| Amounts receivable within one year | 40/41 | €2,402,972 | €4,029,807 | +€1.6m | +67.7% |
| Trade receivables | 40 | €86,072 | €38,233 | -€47,840 | -55.6% |
| Other amounts receivable | 41 | €2,316,900 | €3,991,574 | +€1.7m | +72.3% |
| Cash at bank and in hand | 54/58 | €6,368 | €39,461 | +€33,093 | +520% |
| Deferred charges and accrued income | 490/1 | €33,873 | €32,636 | -€1,237 | -3.7% |
| Total equity and liabilities | 10/49 | €2,531,338 | €4,161,532 | +€1.6m | +64.4% |
| Equity | 10/15 | €282,370 | €394,514 | +€112,143 | +39.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281,370 | €393,514 | +€112,143 | +39.9% |
| Amounts payable | 17/49 | €2,248,968 | €3,767,019 | +€1.5m | +67.5% |
| Amounts payable within one year | 42/48 | €2,239,453 | €3,756,827 | +€1.5m | +67.8% |
| Trade debts | 44 | €94,573 | €69,651 | -€24,922 | -26.4% |
| Suppliers | 440/4 | €94,573 | €69,651 | -€24,922 | -26.4% |
| Taxes, remuneration and social security | 45 | €449,987 | €432,893 | -€17,094 | -3.8% |
| Taxes | 450/3 | €46,828 | €78,768 | +€31,940 | +68.2% |
| Remuneration and social security | 454/9 | €403,159 | €354,125 | -€49,034 | -12.2% |
| Other amounts payable | 47/48 | €1,694,893 | €3,254,283 | +€1.6m | +92.0% |
| Accrued charges and deferred income | 492/3 | €9,515 | €10,192 | +€677 | +7.1% |
| Remuneration, social security and pensions | 62 | €2,485,002 | €2,246,257 | -€238,745 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,451 | €28,696 | +€5,245 | +22.4% |
| Other operating charges | 640/8 | €5,470 | €1,710 | -€3,761 | -68.7% |
| Gross operating margin | 9900 | €2,688,973 | €2,460,484 | -€228,490 | -8.5% |
| Operating profit (loss) | 9901 | €175,050 | €183,821 | +€8,770 | +5.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,100% |
| Financial charges | 65/66B | €4,228 | €498 | -€3,729 | -88.2% |
| Recurring financial charges | 65 | €4,228 | €498 | -€3,729 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €170,823 | €183,323 | +€12,500 | +7.3% |
| Income taxes | 67/77 | €86,063 | €71,180 | -€14,883 | -17.3% |
| Profit (loss) for the period | 9904 | €84,760 | €112,143 | +€27,383 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,760 | €112,143 | +€27,383 | +32.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.