QUANTACORP
Dissolved and wound up on 27-03-2026Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 10 filings
Equity
-€730,478▼ 0.9%
2024 · -€723,830
Total assets
€7,284▼ 85.7%
2024 · €50,990
Net result
-€6,648▲ 92.4%
2024 · -€87,496
Working capital
-€730,478
2024 · €38,461
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€5,964
▲ 93.1%
2025
20182025
Net result
-€6,648
▲ 92.4%
2025
20182025
Equity
-€730,478
▼ 0.9%
2025
20182025
Total assets
€7,284
▼ 85.7%
2025
20182025
Debt
€737,762
▼ 4.8%
2025
20182025
Working capital
-€730,478
2025
20182025
Staff (FTE)
0
▼ 100%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.2m--€0.4m▼ 78.7%-€0.4m▼ 1.1%-€0.6m▼ 66.7%-€0.5m▲ 25.0%-€0.5m▲ 1.7%-€0.09m▲ 81.3%-€0.006m▲ 93.1%
Net result-€0.2m--€0.4m▼ 70.9%-€0.4m▼ 1.3%-€0.6m▼ 66.2%-€0.5m▲ 24.9%-€0.5m▲ 2.1%-€0.09m▲ 81.1%-€0.007m▲ 92.4%
Equity-€1.0m--€0.2m▲ 81.3%-€0.6m▼ 198%€0.3m-€0.2m-€0.6m▼ 267%-€0.7m▼ 13.8%-€0.7m▼ 0.9%
Total assets€0.09m-€0.2m▲ 69.1%€0.4m▲ 176%€0.4m▼ 14.2%€0.1m▼ 68.1%€0.1m▼ 15.4%€0.05m▼ 48.4%€0.007m▼ 85.7%
Debt€1.1m-€0.3m▼ 69.0%€1.0m▲ 188%€0.07m▼ 93.3%€0.3m▲ 336%€0.7m▲ 153%€0.8m▲ 5.4%€0.7m▼ 4.8%
Working capital-€0.6m--€0.2m▲ 63.9%-€0.09m▲ 55.8%€0.1m€0.05m▼ 67.7%€0.03m▼ 45.7%€0.04m▲ 48.6%-€0.7m
Staff (FTE)3.8-4.4▲ 15.8%4▼ 9.1%3.6▼ 10.0%3.3▼ 8.3%3▼ 9.1%3=0▼ 100%
The operating result for 2025 is a loss of €5,964, smaller than the loss of €86,719 in 2024.
Large changes and their cause
- 2021 Net result -66% on 2020. The accounts now follow the abbreviated format, last year the micro format.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Key figures and ratios
EBITDA
-€5,964▲
2024 · -€84,307
Cash flow
-€6,648▲
2024 · -€85,084
Current ratio
0.01▼
2024 · 15.97
ROA
-91.3%▲
2024 · -171.6%
Interest coverage
-12.10▲
2024 · -104.23
Debt ≤ 1 year
€737,762▲
2024 · €2,570
Debt > 1 year
€0▼
2024 · €772,250
Income taxes
€202▲
2024 · €28
Staff costs
€0▼
2024 · €51,772
A ratio outside any meaningful range has been withheld (balance sheet total €7,284, equity -€730,478).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 3 | 1 |
| full-time | 3 | 3 | 3 | 1 |
| part-time | 0 | 0 | 0 | 0 |
| in full-time equivalents | 3 | 3 | 3 | 1 |
| Average over the year, in full-time equivalents | 3.6 | 3.3 | 3 | 3 |
| On a permanent contract | 3 | 3 | 3 | 1 |
| Joined | 0 | 2 | - | 0 |
| Left | 1 | 2 | - | 2 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,859 | €17,647 | - | - | - |
| Financial fixed assets | - | - | - | €3,297 | €0 |
| Depreciation and write-downs of the year | €21,706 | €6,681 | €6,576 | €2,413 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
European Union, budget
2021 · 2 entries · €53,690 in totalProjects
ETRYON - VIRTUAL TRY-ONS OF GARMENTS ENABLING NOVEL HUMAN FASHION INTERACTIONS
European research
1 project · €268,450 EU contributionProgrammes
Projects
Virtual try-ons of garments enabling novel human fashion interactions
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €185,879 | €0 | €7,208 | €1,504 | ▼ 79.1% |
| Remuneration, social security and pensions62 | - | - | - | €242,175 | €252,819 | €256,565 | €51,772 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,223 | €10,055 | €11,275 | €21,706 | €6,681 | €6,576 | €2,413 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,150 | €5,266 | €1,155 | €954 | €1,323 | ▲ 38.6% |
| Non-recurring operating charges66A | - | - | - | €1,786 | €0 | - | €3,285 | €0 | ▼ 100% |
| Gross operating margin9900 | €28,037 | -€82,146 | -€103,560 | -€361,452 | -€206,259 | -€198,494 | -€28,296 | -€4,642 | ▲ 83.6% |
| Operating profit (loss)9901 | -€208,594 | -€372,742 | -€376,999 | -€628,270 | -€471,024 | -€462,790 | -€86,719 | -€5,964 | ▲ 93.1% |
| Financial income75/76B | - | - | - | €259 | €385 | €1,266 | €60 | €11 | ▼ 82.1% |
| Recurring financial income75 | €15,052 | €1,917 | €10 | €259 | €385 | €1,266 | €60 | €11 | ▼ 82.1% |
| Financial charges65/66B | - | - | - | €1,723 | €2,172 | €1,277 | €809 | €493 | ▼ 39.1% |
| Recurring financial charges65 | €25,084 | €2,905 | €1,690 | €1,723 | €2,172 | €1,277 | €809 | €493 | ▼ 39.1% |
| Profit (loss) for the period before taxes9903 | -€218,627 | -€373,730 | -€378,679 | -€629,734 | -€472,811 | -€462,801 | -€87,469 | -€6,446 | ▲ 92.6% |
| Income taxes67/77 | €269 | €324 | €314 | €247 | €129 | €164 | €28 | €202 | ▲ 626% |
| Profit (loss) for the period9904 | -€218,895 | -€374,054 | -€378,993 | -€629,981 | -€472,940 | -€462,965 | -€87,496 | -€6,648 | ▲ 92.4% |
| Profit (loss) for the period to be appropriated9905 | -€218,895 | -€374,054 | -€378,993 | -€629,981 | -€472,940 | -€462,965 | -€87,496 | -€6,648 | ▲ 92.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.09m | €0.2m | €0.4m | €0.4m | €0.1m | €0.1m | €0.05m | €0.007m | ▼ 85.7% |
| Fixed assets21/28 | €0.01m | €0.01m | €0.2m | €0.2m | €0.02m | €0.01m | €0.01m | €0 | ▼ 100% |
| Intangible fixed assets21 | - | - | €0.2m | €0.1m | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €0.01m | €0.01m | €0.01m | €0.008m | €0.02m | €0.01m | €0.007m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.003m | €0.002m | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.007m | €0.02m | €0.01m | €0.007m | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | - | - | - | - | €0.003m | €0 | ▼ 100% |
| Current assets29/58 | €0.08m | €0.1m | €0.3m | €0.2m | €0.1m | €0.09m | €0.04m | €0.007m | ▼ 82.2% |
| Amounts receivable within one year40/41 | €0.04m | €0.08m | €0.06m | €0.03m | €0.01m | €0.02m | €0.004m | €0.004m | ▼ 4.7% |
| Trade receivables40 | - | - | - | €0.007m | €0 | €0.01m | €0.003m | €0.002m | ▼ 44.9% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.01m | €0.01m | €0.001m | €0.002m | ▲ 115% |
| Cash at bank and in hand54/58 | €0.03m | €0.04m | €0.2m | €0.2m | €0.07m | €0.05m | €0.04m | €0.003m | ▼ 91.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | €0.01m | €0.001m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.09m | €0.2m | €0.4m | €0.4m | €0.1m | €0.1m | €0.05m | €0.007m | ▼ 85.7% |
| Equity10/15 | -€1.0m | -€0.2m | -€0.6m | €0.3m | -€0.2m | -€0.6m | -€0.7m | -€0.7m | ▼ 0.9% |
| Contributions10/11 | €0.8m | €2.0m | €2.0m | €3.5m | €3.5m | €3.5m | €3.5m | €3.5m | = |
| Capital10 | - | - | - | €3.5m | €3.5m | €3.5m | €3.5m | €3.5m | = |
| Issued capital100 | - | - | - | €3.5m | €3.5m | €3.5m | €3.5m | €3.5m | = |
| Profit (loss) carried forward14 | -€1.8m | -€2.2m | -€2.5m | -€3.2m | -€3.6m | -€4.1m | -€4.2m | -€4.2m | ▼ 0.2% |
| Amounts payable17/49 | €1.1m | €0.3m | €1.0m | €0.07m | €0.3m | €0.7m | €0.8m | €0.7m | ▼ 4.8% |
| Amounts payable after more than one year17 | €0.4m | €0.003m | €0.7m | €0 | €0.2m | €0.7m | €0.8m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0 | €0.2m | €0.7m | €0.8m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.6m | €0.3m | €0.3m | €0.07m | €0.05m | €0.06m | €0.003m | €0.7m | ▲ 287× |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.001m | €0 | - | - | - | - |
| Trade debts44 | €0.1m | €0.08m | €0.09m | €0.03m | €0.01m | €0.02m | €0.003m | €0.006m | ▲ 144% |
| Suppliers440/4 | - | - | - | €0.03m | €0.01m | €0.02m | €0.003m | €0.006m | ▲ 144% |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.04m | €0.04m | €19 | €219 | ▲ 12× |
| Taxes450/3 | - | - | - | €0.003m | €0.002m | €362 | €19 | €219 | ▲ 12× |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.03m | €0.04m | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | €0.7m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.001m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€218,895 | -€374,054 | -€378,993 | -€629,981 | -€472,940 | -€462,965 | -€87,496 | -€6,648 | ▲ 92.4% |
| + Depreciation and write-downs630 | €7,223 | €10,055 | €11,275 | €21,706 | €6,681 | €6,576 | €2,413 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€211,672 | -€363,999 | -€367,718 | -€608,275 | -€466,260 | -€456,389 | -€85,084 | -€6,648 | ▲ 92.2% |
| Investment in fixed assets (approximation) | - | -€12,038 | -€168,015 | -€4,073 | €126,474 | €0 | -€12 | €9,958 | - |
| Change in cash | - | €10,692 | €143,172 | -€14,590 | -€102,165 | -€12,467 | -€17,341 | -€32,583 | ▼ 87.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-04-2026 | 2026-00098840 | |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00457002 | |
| 31-12-2023 | abbreviated format | 16-07-2024 | 2024-00254066 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00430943 | |
| 31-12-2021 | abbreviated format | 13-09-2022 | 2022-20428070 | |
| 31-12-2020 | micro format | 10-09-2021 | 2021-66900170 | |
| 31-12-2019 | micro format | 23-11-2020 | 2020-71600211 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68100415 | |
| 31-12-2017 | micro format | 27-09-2018 | 2018-67900160 | |
| 31-12-2016 | abbreviated format | 19-10-2017 | 2017-67500396 |