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QSIM

Active
Private limited companyfounded 2004active for 22 yearsSint-Truidersteenweg 20, 3500 Hasselt, BelgiumKBO/BCE: BE 0863.422.734
Summary

QSIM has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €19,203. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 57% of 2,070 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

QSIM was incorporated on 13 February 2004.1 Since 2023, VANRUTTEN Kim Arne Louis has served as director of the company.2 Total assets rose from €1.8m in 2019 to €2.3m in 2025 and headcount from 0.8 full-time equivalents in 2019 to 0.8 in 2021.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-12-2023
  3. 3National Bank, annual accounts 2019, 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Liquidity more than 13 timescurrent ratio 12.32
Current ratio from 0.93 to 12.32; short-term debt falls from €613,783 to €60,726.
28-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial Highest result from 2019 to 2025net €25,937 ▲20.4%
Operating result €24,018, net result €25,937, both a record.
31-12
Financial Equity above €1mequity €1.0m ▲2.6%
2 profitable years in a row build equity to €1.0m.
26-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
20-12
Gazette deed Resignation: VANRUTTEN Kim Arne Louis (manager)
Appointment: VANRUTTEN Kim Arne Louis (director) · Director discharge · Amendment of the articles6 facts ▸
  • General meeting, 14-12-2023
  • Director resignation, VANRUTTEN Kim Arne Louis (manager)
  • Director discharge, VANRUTTEN Kim Arne Louis
  • Director appointment, VANRUTTEN Kim Arne Louis (director (not named in the articles))
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
30-09
Financial Back to profitnet €21,543
Net result €21,543 after 4 loss-making years.
30-03
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
29-04
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial Weakest financial yearnet -€121,265
Net result drops to -€121,265, the lowest in the series; recovery starts the following year.
13-04
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
Show earlier events
2020
14-04
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
24-04
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
03-05
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 3 days late
2017
29-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 21 annual accounts filed, the latest 10 are here; all 21 are under Financials.
1 of 1 deed read