QUANTUM SYSTEMS: 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 SYSTEMS
Largest movements
- Cash -€39,800
down €39,800 (-56.1%), from €70,897 to €31,097
mainly Trade debts (-€27,426) and Net result for the year (-€7,552)
- Receivables within one year -€1,245
down €1,245 (-4.1%), from €30,732 to €29,486
of which Trade receivables: -€2,159
- Trade debts -€27,426
down €27,426 (-62.1%), from €44,131 to €16,705
- Profit (loss) carried forward -€7,552
down €7,552 (-63.4%), from €11,906 to €4,355
- Tax, wage and social debts -€3,798
down €3,798 (-25.0%), from €15,190 to €11,392
of which Taxes: -€3,862
- Other debts -€2,476
no longer reported in 2025 (was €2,476)
- Gross operating margin -€9,750
down €9,750 (-30.2%), from €32,264 to €22,514
- Taxes -€1,622
down €1,622 (-96.0%), from €1,689 to €67
- Financial charges +€488
up €488 (+115.3%), from €423 to €910
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 | €103,614 | €62,362 | -€41,252 | -39.8% |
| Fixed assets | 21/28 | €1,338 | €1,047 | -€292 | -21.8% |
| Tangible fixed assets | 22/27 | €768 | €476 | -€292 | -38.0% |
| Plant, machinery and equipment | 23 | €768 | €476 | -€292 | -38.0% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €102,275 | €61,315 | -€40,960 | -40.0% |
| Stocks and contracts in progress | 3 | €647 | €732 | +€85 | +13.1% |
| Stocks | 30/36 | €647 | €732 | +€85 | +13.1% |
| Amounts receivable within one year | 40/41 | €30,732 | €29,486 | -€1,245 | -4.1% |
| Trade receivables | 40 | €30,732 | €28,573 | -€2,159 | -7.0% |
| Other amounts receivable | 41 | - | €913 | +€913 | |
| Cash at bank and in hand | 54/58 | €70,897 | €31,097 | -€39,800 | -56.1% |
| Total equity and liabilities | 10/49 | €103,614 | €62,362 | -€41,252 | -39.8% |
| Equity | 10/15 | €41,816 | €34,265 | -€7,552 | -18.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €9,459 | €9,459 | = | 0.0% |
| Distributable reserves | 133 | €9,459 | €9,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,906 | €4,355 | -€7,552 | -63.4% |
| Amounts payable | 17/49 | €61,797 | €28,097 | -€33,700 | -54.5% |
| Amounts payable within one year | 42/48 | €61,797 | €28,097 | -€33,700 | -54.5% |
| Trade debts | 44 | €44,131 | €16,705 | -€27,426 | -62.1% |
| Suppliers | 440/4 | €44,131 | €16,705 | -€27,426 | -62.1% |
| Taxes, remuneration and social security | 45 | €15,190 | €11,392 | -€3,798 | -25.0% |
| Taxes | 450/3 | €12,003 | €8,140 | -€3,862 | -32.2% |
| Remuneration and social security | 454/9 | €3,188 | €3,252 | +€64 | +2.0% |
| Other amounts payable | 47/48 | €2,476 | - | -€2,476 | |
| Remuneration, social security and pensions | 62 | €27,409 | €27,243 | -€166 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €491 | €292 | -€200 | -40.6% |
| Other operating charges | 640/8 | €1,609 | €1,553 | -€56 | -3.5% |
| Gross operating margin | 9900 | €32,264 | €22,514 | -€9,750 | -30.2% |
| Operating profit (loss) | 9901 | €2,754 | -€6,574 | -€9,328 | |
| Financial charges | 65/66B | €423 | €910 | +€488 | +115.3% |
| Recurring financial charges | 65 | €423 | €910 | +€488 | +115.3% |
| Profit (loss) for the period before taxes | 9903 | €2,331 | -€7,484 | -€9,816 | |
| Income taxes | 67/77 | €1,689 | €67 | -€1,622 | -96.0% |
| Profit (loss) for the period | 9904 | €642 | -€7,552 | -€8,194 | |
| Profit (loss) for the period to be appropriated | 9905 | €642 | -€7,552 | -€8,194 |
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 5 October 2026 via checked.be.