QUINTEC: 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.
QUINTEC
Largest movements
- Cash -€23,128
down €23,128 (-15.7%), from €146,945 to €123,816
mainly Debts after one year (-€16,697) and Investment in fixed assets (net) (-€9,763)
- Debts after one year -€16,697
down €16,697 (-15.6%), from €107,064 to €90,366
- Other debts -€6,973
down €6,973 (-19.0%), from €36,795 to €29,822
- Reserves +€6,799
up €6,799 (+7.2%), from €94,099 to €100,899
- Tax, wage and social debts -€5,363
down €5,363 (-71.5%), from €7,501 to €2,138
- Gross operating margin +€13,148
up €13,148 (+22.8%), from €57,755 to €70,903
- Financial charges +€12,911
up €12,911 (+33.3%), from €38,781 to €51,691
of which Financial charges: +€12,996
- Taxes +€960
up €960 (+35.5%), from €2,706 to €3,666
- Other operating charges -€814
down €814 (-45.0%), from €1,811 to €997
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.
Derived cash bridge
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 | €286,435 | €265,204 | -€21,231 | -7.4% |
| Fixed assets | 21/28 | €106,193 | €107,207 | +€1,014 | +1.0% |
| Tangible fixed assets | 22/27 | €106,193 | €107,207 | +€1,014 | +1.0% |
| Plant, machinery and equipment | 23 | €3,052 | €2,177 | -€875 | -28.7% |
| Other tangible fixed assets | 26 | €103,141 | €105,030 | +€1,889 | +1.8% |
| Current assets | 29/58 | €180,242 | €157,997 | -€22,245 | -12.3% |
| Amounts receivable within one year | 40/41 | €32,047 | €31,727 | -€320 | -1.0% |
| Trade receivables | 40 | €20,032 | €22,593 | +€2,562 | +12.8% |
| Other amounts receivable | 41 | €12,015 | €9,133 | -€2,882 | -24.0% |
| Cash at bank and in hand | 54/58 | €146,945 | €123,816 | -€23,128 | -15.7% |
| Deferred charges and accrued income | 490/1 | €1,251 | €2,454 | +€1,203 | +96.2% |
| Total equity and liabilities | 10/49 | €286,435 | €265,204 | -€21,231 | -7.4% |
| Equity | 10/15 | €112,334 | €119,133 | +€6,799 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,099 | €100,899 | +€6,799 | +7.2% |
| Distributable reserves | 133 | €94,099 | €100,899 | +€6,799 | +7.2% |
| Profit (loss) carried forward | 14 | €12,035 | €12,035 | = | 0.0% |
| Amounts payable | 17/49 | €174,101 | €146,071 | -€28,031 | -16.1% |
| Amounts payable after more than one year | 17 | €107,064 | €90,366 | -€16,697 | -15.6% |
| Financial debts | 170/4 | €107,064 | €90,366 | -€16,697 | -15.6% |
| Amounts payable within one year | 42/48 | €67,038 | €55,704 | -€11,333 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €19,230 | €19,822 | +€592 | +3.1% |
| Trade debts | 44 | €3,512 | €3,923 | +€411 | +11.7% |
| Suppliers | 440/4 | €3,512 | €3,923 | +€411 | +11.7% |
| Taxes, remuneration and social security | 45 | €7,501 | €2,138 | -€5,363 | -71.5% |
| Taxes | 450/3 | €7,501 | €2,138 | -€5,363 | -71.5% |
| Other amounts payable | 47/48 | €36,795 | €29,822 | -€6,973 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,724 | €8,749 | +€25 | +0.3% |
| Other operating charges | 640/8 | €1,811 | €997 | -€814 | -45.0% |
| Gross operating margin | 9900 | €57,755 | €70,903 | +€13,148 | +22.8% |
| Operating profit (loss) | 9901 | €47,220 | €61,158 | +€13,937 | +29.5% |
| Financial income | 75/76B | €409 | €1,000 | +€591 | +145% |
| Recurring financial income | 75 | €409 | €1,000 | +€591 | +145% |
| Financial charges | 65/66B | €38,781 | €51,691 | +€12,911 | +33.3% |
| Recurring financial charges | 65 | €38,696 | €51,691 | +€12,996 | +33.6% |
| Non-recurring financial charges | 66B | €85 | - | -€85 | |
| Profit (loss) for the period before taxes | 9903 | €8,848 | €10,466 | +€1,618 | +18.3% |
| Income taxes | 67/77 | €2,706 | €3,666 | +€960 | +35.5% |
| Profit (loss) for the period | 9904 | €6,142 | €6,799 | +€657 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,142 | €6,799 | +€657 | +10.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.