QUANTUM TECH: 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 TECH
Largest movements
- Tangible fixed assets -€15,189
down €15,189 (-8.8%), from €173,181 to €157,992
of which Land and buildings: -€12,858
- Deferred charges and accrued income +€12,800
new in 2025: €12,800
- Receivables within one year -€10,215
down €10,215 (-12.4%), from €82,376 to €72,161
of which Trade receivables: -€14,033
- Financial fixed assets -€4,905
no longer reported in 2025 (was €4,905)
- Debts after one year -€25,383
down €25,383 (-13.9%), from €182,009 to €156,626
- Other debts +€6,338
up €6,338 (+22.0%), from €28,798 to €35,136
- Profit (loss) carried forward +€2,805
up €2,805 (+58.7%), from -€4,779 to -€1,974
- Gross operating margin +€10,298
up €10,298 (+41.5%), from €24,785 to €35,083
- Financial charges -€3,774
down €3,774 (-34.4%), from €10,981 to €7,207
- Depreciation -€916
down €916 (-5.5%), from €16,733 to €15,817
- Taxes -€652
down €652, from €641 to -€11
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 | €262,907 | €243,592 | -€19,315 | -7.3% |
| Fixed assets | 21/28 | €178,714 | €157,992 | -€20,722 | -11.6% |
| Intangible fixed assets | 21 | €629 | - | -€629 | |
| Tangible fixed assets | 22/27 | €173,181 | €157,992 | -€15,189 | -8.8% |
| Land and buildings | 22 | €167,155 | €154,297 | -€12,858 | -7.7% |
| Plant, machinery and equipment | 23 | €5,419 | €3,592 | -€1,827 | -33.7% |
| Furniture and vehicles | 24 | €607 | €103 | -€503 | -83.0% |
| Financial fixed assets | 28 | €4,905 | - | -€4,905 | |
| Current assets | 29/58 | €84,193 | €85,600 | +€1,407 | +1.7% |
| Amounts receivable within one year | 40/41 | €82,376 | €72,161 | -€10,215 | -12.4% |
| Trade receivables | 40 | €59,621 | €45,589 | -€14,033 | -23.5% |
| Other amounts receivable | 41 | €22,755 | €26,572 | +€3,817 | +16.8% |
| Cash at bank and in hand | 54/58 | €1,817 | €639 | -€1,177 | -64.8% |
| Deferred charges and accrued income | 490/1 | - | €12,800 | +€12,800 | |
| Total equity and liabilities | 10/49 | €262,907 | €243,592 | -€19,315 | -7.3% |
| Equity | 10/15 | €19,504 | €22,309 | +€2,805 | +14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,682 | €5,682 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,822 | €3,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,779 | -€1,974 | +€2,805 | +58.7% |
| Amounts payable | 17/49 | €243,404 | €221,284 | -€22,120 | -9.1% |
| Amounts payable after more than one year | 17 | €182,009 | €156,626 | -€25,383 | -13.9% |
| Financial debts | 170/4 | €182,009 | €156,626 | -€25,383 | -13.9% |
| Amounts payable within one year | 42/48 | €59,786 | €64,658 | +€4,872 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €24,798 | €25,383 | +€585 | +2.4% |
| Trade debts | 44 | €1,156 | €833 | -€322 | -27.9% |
| Suppliers | 440/4 | €1,156 | €833 | -€322 | -27.9% |
| Taxes, remuneration and social security | 45 | €5,034 | €3,305 | -€1,728 | -34.3% |
| Taxes | 450/3 | €5,034 | €3,305 | -€1,728 | -34.3% |
| Other amounts payable | 47/48 | €28,798 | €35,136 | +€6,338 | +22.0% |
| Accrued charges and deferred income | 492/3 | €1,609 | - | -€1,609 | |
| Remuneration, social security and pensions | 62 | - | -€29 | -€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,733 | €15,817 | -€916 | -5.5% |
| Other operating charges | 640/8 | €1,362 | €1,463 | +€100 | +7.4% |
| Non-recurring operating charges | 66A | - | €7,834 | +€7,834 | |
| Gross operating margin | 9900 | €24,785 | €35,083 | +€10,298 | +41.5% |
| Operating profit (loss) | 9901 | €6,690 | €9,998 | +€3,308 | +49.5% |
| Financial income | 75/76B | €153 | €3 | -€150 | -98.2% |
| Recurring financial income | 75 | €153 | €3 | -€150 | -98.2% |
| Financial charges | 65/66B | €10,981 | €7,207 | -€3,774 | -34.4% |
| Recurring financial charges | 65 | €10,981 | €7,207 | -€3,774 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,138 | €2,794 | +€6,932 | |
| Income taxes | 67/77 | €641 | -€11 | -€652 | |
| Profit (loss) for the period | 9904 | -€4,779 | €2,805 | +€7,584 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,779 | €2,805 | +€7,584 |
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 1 October 2026 via checked.be.