Quaternion Software: 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.
Quaternion Software
Largest movements
- Tangible fixed assets +€25,197
up €25,197 (+5185.2%), from €486 to €25,683
of which Furniture and vehicles: +€22,878
- Receivables within one year +€10,937
up €10,937 (+152.7%), from €7,164 to €18,102
of which Trade receivables: +€10,292
- Cash +€10,158
up €10,158 (+9.0%), from €113,470 to €123,628
mainly Net result for the year (+€63,654) and Other debts (+€48,468)
- Other debts +€48,468
up €48,468 (+43.7%), from €111,022 to €159,490
- Tax, wage and social debts -€2,700
down €2,700 (-74.2%), from €3,640 to €940
of which Taxes: -€2,700
- Trade debts +€2,291
up €2,291 (+320.0%), from €716 to €3,007
- Gross operating margin +€43,309
up €43,309 (+94.8%), from €45,685 to €88,994
- Taxes +€13,036
up €13,036 (+156.2%), from €8,348 to €21,384
- Depreciation +€2,420
up €2,420 (+282.6%), from €856 to €3,276
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 | €121,592 | €169,187 | +€47,595 | +39.1% |
| Fixed assets | 21/28 | €486 | €25,683 | +€25,197 | +5185.2% |
| Tangible fixed assets | 22/27 | €486 | €25,683 | +€25,197 | +5185.2% |
| Plant, machinery and equipment | 23 | - | €2,319 | +€2,319 | |
| Furniture and vehicles | 24 | €486 | €23,364 | +€22,878 | +4707.9% |
| Current assets | 29/58 | €121,106 | €143,503 | +€22,397 | +18.5% |
| Amounts receivable within one year | 40/41 | €7,164 | €18,102 | +€10,937 | +152.7% |
| Trade receivables | 40 | €3,013 | €13,305 | +€10,292 | +341.7% |
| Other amounts receivable | 41 | €4,152 | €4,797 | +€645 | +15.5% |
| Cash at bank and in hand | 54/58 | €113,470 | €123,628 | +€10,158 | +9.0% |
| Deferred charges and accrued income | 490/1 | €471 | €1,773 | +€1,302 | +276.1% |
| Total equity and liabilities | 10/49 | €121,592 | €169,187 | +€47,595 | +39.1% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,592 | €164,187 | +€47,595 | +40.8% |
| Amounts payable within one year | 42/48 | €115,438 | €163,437 | +€47,999 | +41.6% |
| Trade debts | 44 | €716 | €3,007 | +€2,291 | +320.0% |
| Suppliers | 440/4 | €716 | €3,007 | +€2,291 | +320.0% |
| Advances received on contracts in progress | 46 | €60 | €0 | -€60 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,640 | €940 | -€2,700 | -74.2% |
| Taxes | 450/3 | €3,640 | €940 | -€2,700 | -74.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €111,022 | €159,490 | +€48,468 | +43.7% |
| Accrued charges and deferred income | 492/3 | €1,154 | €750 | -€404 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €3,276 | +€2,420 | +282.6% |
| Other operating charges | 640/8 | €738 | €527 | -€211 | -28.6% |
| Gross operating margin | 9900 | €45,685 | €88,994 | +€43,309 | +94.8% |
| Operating profit (loss) | 9901 | €44,090 | €85,190 | +€41,100 | +93.2% |
| Financial income | 75/76B | - | €519 | +€519 | |
| Recurring financial income | 75 | - | €519 | +€519 | |
| Financial charges | 65/66B | €472 | €671 | +€199 | +42.1% |
| Recurring financial charges | 65 | €472 | €671 | +€199 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €43,618 | €85,038 | +€41,420 | +95.0% |
| Income taxes | 67/77 | €8,348 | €21,384 | +€13,036 | +156.2% |
| Profit (loss) for the period | 9904 | €35,270 | €63,654 | +€28,384 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,270 | €63,654 | +€28,384 | +80.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.