Quant ICT
ActiveSummary
Quant ICT has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €654,164 and a net result of €24,948. Equity is shrinking by about 9.5% per year across the filed financial years. Its solvency ranks better than 31% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Financials · financial year 2025, full format
In the rankings
#10 employer in Flemish Brabant, Telecommunications sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24,948
2024 · -€44,794
Working capital
€515,152▼ 1.4%
2024 · €522,581
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €45,562 after a loss of €20,338 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.05m
2025
Net result€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.8m
2025
Equity€0.7m
2025
Debt€3.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency17.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.17
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)21.1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 61, Telecommunications: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.4m-€0.2m▼ 52.8%€0.2m▼ 4.2%-€0.09m-€0.1m▼ 30.3%-€0.3m▼ 136%-€0.02m▲ 92.2%€0.05m
Net result€0.3m-€0.1m▼ 49.1%€0.04mwithin the sector's middle half▼ 68.3%-€0.1mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 31.1%-€0.3mbelow the sector's middle half▼ 110%-€0.04mbelow the sector's middle half▲ 84.9%€0.02mwithin the sector's middle half
Equity€1.0m-€1.2m▲ 12.4%€1.2mabove the sector's middle half▲ 3.5%€1.1mabove the sector's middle half▼ 8.8%€1.0mabove the sector's middle half▼ 12.7%€0.7mwithin the sector's middle half▼ 30.5%€0.6mwithin the sector's middle half▼ 6.6%€0.7mwithin the sector's middle half▲ 4.0%
Total assets€4.0m-€3.6m▼ 11.7%€4.5mabove the sector's middle half▲ 25.8%€2.5mabove the sector's middle half▼ 44.8%€4.1mabove the sector's middle half▲ 65.3%€4.2mabove the sector's middle half▲ 1.4%€3.6mabove the sector's middle half▼ 13.6%€3.8mwithin the sector's middle half▲ 6.4%
Debt€3.0m-€2.4m▼ 19.5%€3.3m▲ 36.8%€1.4m▼ 58.1%€3.1m▲ 129%€3.5m▲ 11.3%€3.0m▼ 15.0%€3.2m▲ 6.9%
Working capital€1.1m-€1.0m▼ 5.9%€0.9mabove the sector's middle half▼ 6.3%€0.9mabove the sector's middle half▼ 0.4%€0.9mabove the sector's middle half▼ 1.2%€0.6mabove the sector's middle half▼ 38.4%€0.5mabove the sector's middle half▼ 7.1%€0.5mwithin the sector's middle half▼ 1.4%
Solvency25.9%-33.0%▲ 7.1pp27.1%within the sector's middle half▼ 5.9pp44.8%within the sector's middle half▲ 17.6pp23.6%within the sector's middle half▼ 21.1pp16.2%within the sector's middle half▼ 7.4pp17.5%within the sector's middle half▲ 1.3pp17.1%within the sector's middle half▼ 0.4pp
Current ratio1.41-1.44▲ 0.041.29within the sector's middle half▼ 0.151.72within the sector's middle half▲ 0.431.31within the sector's middle half▼ 0.411.18within the sector's middle half▼ 0.131.19within the sector's middle half▲ 0.021.17within the sector's middle half▼ 0.02
Return on assets (ROA)6.3%-3.6%▼ 2.7pp0.9%within the sector's middle half▼ 2.7pp-4.3%below the sector's middle half▼ 5.3pp-3.4%below the sector's middle half▲ 0.9pp-7.1%below the sector's middle half▼ 3.7pp-1.2%within the sector's middle half▲ 5.9pp0.7%within the sector's middle half▲ 1.9pp
Staff (FTE)24.5-23▼ 6.1%24.6above the sector's middle half▲ 7.0%24.2above the sector's middle half▼ 1.6%23.8above the sector's middle half▼ 1.7%20.7above the sector's middle half▼ 13.0%21.1above the sector's middle half▲ 1.9%21.1within the sector's middle half=
above
within
below
the middle half of NACE 61, Telecommunications: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.8m
Fixed assets
€351,803 ▼ 1.1%
Current assets
€3.5m ▲ 7.3%
Equity and liabilities €3.8m
Equity
€654,164 ▲ 4.0%
Debt
€3.2m ▲ 6.9%
Debt's share of the balance-sheet total rises from 82.5% to 82.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€152,899▲
2024 · €96,766
Cash flow
€132,285▲
2024 · €72,310
Quick ratio
0.97▼
2024 · 1.00
Debt to equity
4.85▲
2024 · 4.71
ROE
3.8%▲
2024 · -7.1%
Interest coverage
8.49▲
2024 · 3.35
Debt ≤ 1 year
€3.0m▲
2024 · €2.7m
Income taxes
€12,097▲
2024 · €623
Staff costs
€2.2m▲
2024 · €2.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2.0m | €2.2m | €2.0m | €2.1m | €2.2m | ▲ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 8.3% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.03m | €0.03m | €0.006m | €0.001m | ▼ 89.3% |
| Non-recurring operating charges66A | - | - | - | €0.02m | €0.1m | €0.002m | - | - | - |
| Gross operating margin9900 | €2.5m | €2.3m | €2.4m | €2.2m | €2.4m | €1.9m | €2.2m | €2.3m | ▲ 7.9% |
| Operating profit (loss)9901 | €0.4m | €0.2m | €0.2m | -€0.09m | -€0.1m | -€0.3m | -€0.02m | €0.05m | - |
| Financial income75/76B | - | - | - | €0.001m | €0.002m | €0.005m | €0.005m | €0.01m | ▲ 96.1% |
| Recurring financial income75 | €45 | €9 | €0.003m | €0.001m | €0.002m | €0.005m | €0.005m | €0.01m | ▲ 96.1% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.04m | €0.03m | €0.02m | ▼ 36.4% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.04m | €0.03m | €0.02m | ▼ 37.6% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €350 | - |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.2m | €0.2m | -€0.1m | -€0.1m | -€0.3m | -€0.04m | €0.04m | - |
| Income taxes67/77 | €0.1m | €0.05m | €0.1m | €0.001m | €0.01m | - | €0.001m | €0.01m | ▲ 19× |
| Profit (loss) for the period9904 | €0.3m | €0.1m | €0.04m | -€0.1m | -€0.1m | -€0.3m | -€0.04m | €0.02m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.1m | €0.04m | -€0.1m | -€0.1m | -€0.3m | -€0.04m | €0.02m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.0m | €3.6m | €4.5m | €2.5m | €4.1m | €4.2m | €3.6m | €3.8m | ▲ 6.4% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▼ 1.1% |
| Intangible fixed assets21 | €0.1m | €0.06m | €0.03m | €0.06m | €0.03m | - | - | - | - |
| Tangible fixed assets22/27 | €0.2m | €0.3m | €0.4m | €0.2m | €0.2m | €0.4m | €0.3m | €0.3m | ▼ 7.9% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.1m | €0.3m | €0.2m | €0.2m | ▼ 8.9% |
| Furniture and vehicles24 | - | - | - | €0.004m | €0.01m | €0.02m | €0.02m | €0.03m | ▲ 35.1% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.09m | €0.1m | €0.1m | €0.1m | ▼ 13.2% |
| Financial fixed assets28 | €0.09m | €0.01m | €0.01m | €0.009m | €0.006m | €0.006m | €0.02m | €0.04m | ▲ 144% |
| Current assets29/58 | €3.6m | €3.2m | €4.1m | €2.2m | €3.8m | €3.7m | €3.2m | €3.5m | ▲ 7.3% |
| Stocks and contracts in progress3 | €0.5m | €0.5m | €0.4m | €0.6m | €0.4m | €0.7m | €0.5m | €0.6m | ▲ 15.3% |
| Stocks30/36 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.4% |
| Contracts in progress37 | - | - | - | €0.1m | €0.09m | €0.3m | €0.2m | €0.2m | ▲ 49.7% |
| Amounts receivable within one year40/41 | €2.3m | €2.0m | €3.1m | €1.0m | €2.1m | €2.5m | €2.1m | €2.3m | ▲ 10.8% |
| Trade receivables40 | - | - | - | €0.8m | €2.0m | €2.3m | €1.8m | €2.3m | ▲ 26.3% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | €0.01m | ▼ 96.2% |
| Current investments50/53 | - | - | - | - | - | €0.1m | - | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.04m | €0.07m | €0.4m | €0.7m | €0.01m | €0.2m | €0.2m | ▲ 2.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.6m | €0.4m | €0.4m | €0.4m | ▼ 16.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.0m | €3.6m | €4.5m | €2.5m | €4.1m | €4.2m | €3.6m | €3.8m | ▲ 6.4% |
| Equity10/15 | €1.0m | €1.2m | €1.2m | €1.1m | €1.0m | €0.7m | €0.6m | €0.7m | ▲ 4.0% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.5m | €0.6m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Tax-exempt reserves132 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | €0.03m | €0.06m | €0.04m | -€0.06m | -€0.2m | -€0.5m | -€0.5m | -€0.5m | ▲ 4.6% |
| Provisions and deferred taxes16 | €0.03m | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €3.0m | €2.4m | €3.3m | €1.4m | €3.1m | €3.5m | €3.0m | €3.2m | ▲ 6.9% |
| Amounts payable after more than one year17 | €0.1m | €0.09m | €0.03m | - | €0.06m | €0.2m | €0.1m | - | - |
| Financial debts170/4 | - | - | - | - | €0.06m | €0.2m | €0.1m | - | - |
| Amounts payable within one year42/48 | €2.6m | €2.2m | €3.2m | €1.3m | €2.9m | €3.2m | €2.7m | €3.0m | ▲ 8.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.03m | €0.1m | €0.1m | €0.009m | ▼ 91.4% |
| Financial debts43 | - | - | - | - | €0.2m | €0.6m | - | €0.2m | - |
| Credit institutions430/8 | - | - | - | - | €0.2m | €0.6m | - | €0.2m | - |
| Trade debts44 | €2.0m | €1.7m | €2.2m | €0.8m | €2.5m | €1.8m | €2.1m | €2.3m | ▲ 9.2% |
| Suppliers440/4 | - | - | - | €0.8m | €2.5m | €1.8m | €2.1m | €2.3m | ▲ 9.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 138% |
| Taxes450/3 | - | - | - | €0.004m | - | €0.1m | - | €0.1m | - |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.3m | €0.1m | €0.1m | €0.1m | ▲ 8.3% |
| Other amounts payable47/48 | - | - | - | - | - | €0.4m | €0.4m | €0.2m | ▼ 50.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 41.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €254,406 | €129,588 | €41,089 | -€107,817 | -€141,355 | -€296,173 | -€44,794 | €24,948 | - |
| + Depreciation and write-downs630 | €219,354 | €158,141 | €150,009 | €219,017 | €147,540 | €160,679 | €117,104 | €107,337 | ▼ 8.3% |
| Operating cash flow (approximation) | €473,760 | €287,730 | €191,099 | €111,199 | €6,185 | -€135,494 | €72,310 | €132,285 | ▲ 82.9% |
| Investment in fixed assets (approximation) | - | -€91,316 | -€187,383 | -€102,976 | -€127,598 | -€326,449 | -€49,745 | -€103,259 | ▼ 108% |
| Change in cash | - | €12,557 | €30,846 | €288,093 | €358,546 | -€702,185 | €201,439 | €5,114 | ▼ 97.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 22-07-2026 | 2026-00328957 |
| 31-12-2024 | abbreviated format | 19-06-2025 | 2025-00164974 |
| 31-12-2023 | abbreviated format | 02-08-2024 | 2024-00333467 |
| 31-12-2022 | abbreviated format | 12-07-2023 | 2023-00236323 |
| 31-12-2021 | abbreviated format | 02-06-2022 | 2022-20059079 |
| 31-12-2020 | abbreviated format | 02-07-2021 | 2021-30400059 |
| 31-12-2019 | abbreviated format | 28-07-2020 | 2020-36100205 |
| 31-12-2018 | abbreviated format | 29-07-2019 | 2019-40200352 |
| 31-12-2017 | abbreviated format | 23-07-2018 | 2018-36200010 |
| 31-12-2016 | abbreviated format | 24-07-2017 | 2017-35100177 |
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Of the 1,325 active companies whose main activity is wired, wireless and satellite telecommunications (NACE 61100), figures are known for 601. 321 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €4,156 awarded · €4,074 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,086 | €1,086 |
| 2024 | 1 | €286 | €286 |
| 2023 | 1 | €82 | €0 |
| 2022 | 2 | €2,702 | €2,702 |
Public contracts
11 awards · 2020 to 2026
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Maintenance pluriannuel ouvert pour une durée de quatre ans (2020-2023) pour le réseau téléphonique de la Défense
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.