Quintin 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.
Quintin Tech
Largest movements
- Cash +€37,131
up €37,131 (+69.6%), from €53,382 to €90,513
mainly Net result for the year (+€56,689) and Tax, wage and social debts (+€14,974)
- Receivables within one year +€28,514
up €28,514 (+360.2%), from €7,917 to €36,431
of which Trade receivables: +€28,027
- Tangible fixed assets +€2,983
new in 2025: €2,983
- Reserves +€56,689
up €56,689 (+149.9%), from €37,830 to €94,519
- Tax, wage and social debts +€14,974
up €14,974 (+99.2%), from €15,101 to €30,075
- Other debts -€2,751
down €2,751 (-100.0%), from €2,751 to €0
- Gross operating margin +€31,686
up €31,686 (+76.9%), from €41,184 to €72,871
- Taxes +€6,109
up €6,109 (+70.0%), from €8,733 to €14,842
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 | €61,321 | €130,340 | +€69,019 | +112.6% |
| Fixed assets | 21/28 | - | €2,983 | +€2,983 | |
| Tangible fixed assets | 22/27 | - | €2,983 | +€2,983 | |
| Furniture and vehicles | 24 | - | €2,983 | +€2,983 | |
| Current assets | 29/58 | €61,321 | €127,357 | +€66,036 | +107.7% |
| Amounts receivable within one year | 40/41 | €7,917 | €36,431 | +€28,514 | +360.2% |
| Trade receivables | 40 | €7,917 | €35,944 | +€28,027 | +354.0% |
| Other amounts receivable | 41 | €0 | €487 | +€487 | |
| Cash at bank and in hand | 54/58 | €53,382 | €90,513 | +€37,131 | +69.6% |
| Deferred charges and accrued income | 490/1 | €23 | €414 | +€391 | +1723.2% |
| Total equity and liabilities | 10/49 | €61,321 | €130,340 | +€69,019 | +112.6% |
| Equity | 10/15 | €41,830 | €98,519 | +€56,689 | +135.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €37,830 | €94,519 | +€56,689 | +149.9% |
| Distributable reserves | 133 | €37,830 | €94,519 | +€56,689 | +149.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €19,491 | €31,821 | +€12,330 | +63.3% |
| Amounts payable within one year | 42/48 | €19,144 | €31,821 | +€12,677 | +66.2% |
| Financial debts | 43 | €684 | €999 | +€315 | +46.1% |
| Credit institutions | 430/8 | €684 | €999 | +€315 | +46.1% |
| Trade debts | 44 | €609 | €747 | +€138 | +22.7% |
| Suppliers | 440/4 | €609 | €747 | +€138 | +22.7% |
| Taxes, remuneration and social security | 45 | €15,101 | €30,075 | +€14,974 | +99.2% |
| Taxes | 450/3 | €15,101 | €30,075 | +€14,974 | +99.2% |
| Other amounts payable | 47/48 | €2,751 | €0 | -€2,751 | -100.0% |
| Accrued charges and deferred income | 492/3 | €347 | €0 | -€347 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €627 | +€627 | |
| Other operating charges | 640/8 | €393 | €642 | +€249 | +63.5% |
| Gross operating margin | 9900 | €41,184 | €72,871 | +€31,686 | +76.9% |
| Operating profit (loss) | 9901 | €40,791 | €71,601 | +€30,810 | +75.5% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €434 | €70 | -€364 | -83.8% |
| Recurring financial charges | 65 | €434 | €70 | -€364 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €40,360 | €71,531 | +€31,171 | +77.2% |
| Income taxes | 67/77 | €8,733 | €14,842 | +€6,109 | +70.0% |
| Profit (loss) for the period | 9904 | €31,627 | €56,689 | +€25,062 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,627 | €56,689 | +€25,062 | +79.2% |
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 7 October 2026 via checked.be.