QUOTUM DEVELOPMENT: 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.
QUOTUM DEVELOPMENT
Largest movements
- Receivables within one year -€20,114
down €20,114 (-45.2%), from €44,497 to €24,383
of which Trade receivables: -€21,290
- Profit (loss) carried forward -€11,462
down €11,462 (-7.4%), from -€154,439 to -€165,901
- Trade debts -€5,896
down €5,896 (-17.8%), from €33,123 to €27,227
- Tax, wage and social debts -€3,004
no longer reported in 2025 (was €3,004)
- Gross operating margin +€16,693
up €16,693, from -€16,193 to €500
- Other operating charges +€9,023
up €9,023 (+307.1%), from €2,938 to €11,962
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 | €47,697 | €27,478 | -€20,219 | -42.4% |
| Current assets | 29/58 | €47,697 | €27,478 | -€20,219 | -42.4% |
| Stocks and contracts in progress | 3 | €1,727 | €1,727 | = | 0.0% |
| Stocks | 30/36 | €1,727 | €1,727 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,497 | €24,383 | -€20,114 | -45.2% |
| Trade receivables | 40 | €44,497 | €23,207 | -€21,290 | -47.8% |
| Other amounts receivable | 41 | - | €1,176 | +€1,176 | |
| Cash at bank and in hand | 54/58 | €568 | €463 | -€105 | -18.4% |
| Deferred charges and accrued income | 490/1 | €905 | €905 | = | 0.0% |
| Total equity and liabilities | 10/49 | €47,697 | €27,478 | -€20,219 | -42.4% |
| Equity | 10/15 | -€130,979 | -€142,441 | -€11,462 | -8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,860 | €4,860 | = | 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% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,439 | -€165,901 | -€11,462 | -7.4% |
| Amounts payable | 17/49 | €178,676 | €169,918 | -€8,757 | -4.9% |
| Amounts payable within one year | 42/48 | €178,676 | €169,918 | -€8,757 | -4.9% |
| Financial debts | 43 | - | €58 | +€58 | |
| Credit institutions | 430/8 | - | €58 | +€58 | |
| Trade debts | 44 | €33,123 | €27,227 | -€5,896 | -17.8% |
| Suppliers | 440/4 | €33,123 | €27,227 | -€5,896 | -17.8% |
| Taxes, remuneration and social security | 45 | €3,004 | - | -€3,004 | |
| Taxes | 450/3 | €3,004 | - | -€3,004 | |
| Other amounts payable | 47/48 | €142,549 | €142,634 | +€85 | +0.1% |
| Other operating charges | 640/8 | €2,938 | €11,962 | +€9,023 | +307.1% |
| Gross operating margin | 9900 | -€16,193 | €500 | +€16,693 | |
| Operating profit (loss) | 9901 | -€19,132 | -€11,462 | +€7,670 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,132 | -€11,462 | +€7,670 | +40.1% |
| Profit (loss) for the period | 9904 | -€19,132 | -€11,462 | +€7,670 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,132 | -€11,462 | +€7,670 | +40.1% |
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.