Equity
QUANTANALYTICS paid out €102,000 in dividends. That is 162% of the 2025 profit.
The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 64% of them on solvency, 79% on liquidity, 84% on profitability and 16% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as QUANTANALYTICS has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of QUANTANALYTICS itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for QUANTANALYTICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.17 (6.9 in 2024), above the usual 1.5. Short-term debt is 31.3% and cash 61.8% of total assets. 31.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| QUANTANALYTICS Woluwe-Saint-Pierre | €106,623 | €81,004 | 68.2% | - |
| ALT-LO Woluwe-Saint-Pierre | €121,045 | €89,450 | 35.3% | - |
| DOUBLEU CONSULTING Woluwe-Saint-Pierre | €86,616 | €83,182 | 10.4% | - |
| PB TAX CONSULTING Woluwe-Saint-Lambert | €100,619 | €79,900 | 20.9% | - |
| APTAE SOLUTIONS Uccle | €121,332 | €78,745 | 46.4% | - |
| OPTIPRO² Etterbeek | €118,437 | €88,314 | 21.8% | - |
| DATACORP Watermael-Boitsfort | €96,834 | €87,588 | 26.0% | - |
These companies have the same main activity as QUANTANALYTICS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €86,600 and €121,000, founded between 2013 and 2015.
QUANTANALYTICS files the micro format. That format states no turnover. The gross margin rose from €24,620 in 2015 to €81,004 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €120,000 and €210,000.
Higher than 63% of 39,335 companies in 2025.
Higher than 65% of 38,020 companies in 2025.
Higher than 91% of 38,492 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
Total assets20/58 |
106,623 | 131,099 | 130,339 | 146,130 | 114,070 | 71,721 | 61,111 | 79,102 | 75,258 | 94,097 | 65,482 | |
Fixed assets21/28 |
954 | 1,818 | 2,682 | 3,546 | 4,410 | 90 | 90 | 3,763 | 7,810 | 11,861 | 14,768 | |
Tangible fixed assets22/27 |
864 | 1,728 | 2,592 | 3,456 | 4,320 | - | - | 3,673 | 7,720 | 11,771 | 14,678 | |
Plant, machinery and equipment23 |
864 | 1,728 | 2,592 | 3,456 | 4,320 | - | - | 4 | 382 | 763 | - | |
Furniture and vehicles24 |
- | - | - | - | - | - | - | 3,669 | 7,339 | 11,008 | 14,678 | |
Financial fixed assets28 |
90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | |
Current assets29/58 |
105,669 | 129,281 | 127,657 | 142,584 | 109,660 | 71,631 | 61,021 | 75,339 | 67,447 | 82,236 | 50,715 | |
Stocks and contracts in progress3 |
- | - | - | - | - | - | - | - | - | - | 30,138 | |
Stocks30/36 |
- | - | - | - | - | - | - | - | - | - | 30,138 | |
Amounts receivable within one year40/41 |
38,436 | 37,408 | 23,523 | 41,896 | 63,242 | 31,480 | 32,563 | 48,893 | 50,260 | 33,115 | - | |
Trade receivables40 |
33,426 | 28,798 | 11,314 | 26,257 | 43,832 | 8,470 | 5,953 | 18,604 | 16,371 | 33,115 | - | |
Other amounts receivable41 |
5,010 | 8,610 | 12,210 | 15,639 | 19,410 | 23,010 | 26,610 | 30,289 | 33,889 | - | - | |
Cash at bank and in hand54/58 |
65,919 | 91,873 | 104,134 | 100,688 | 45,419 | 40,151 | 28,395 | 26,044 | 17,187 | 49,121 | 20,577 | |
Deferred charges and accrued income490/1 |
1,314 | - | - | - | 1,000 | - | 63 | 402 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
Total equity and liabilities10/49 |
106,623 | 131,099 | 130,339 | 146,130 | 114,070 | 71,721 | 61,111 | 79,102 | 75,258 | 94,097 | 65,482 | |
Equity10/15 |
72,668 | 111,852 | 119,587 | 121,171 | 86,511 | 56,911 | 50,980 | 54,112 | 54,050 | 63,263 | 24,725 | |
Contributions10/11 |
18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
Capital10 |
- | - | - | 6,200 | 6,200 | - | - | - | - | - | - | |
Issued capital100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
- | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
Reserves13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 930 | |
Non-distributable reserves130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
Legal reserve130 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 930 | |
Distributable reserves133 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
Profit (loss) carried forward14 |
52,208 | 91,392 | 99,127 | 113,111 | 78,451 | 48,851 | 42,920 | 46,052 | 45,990 | 55,203 | 17,595 | |
Amounts payable17/49 |
33,955 | 19,247 | 10,751 | 24,959 | 27,560 | 14,810 | 10,131 | 24,990 | 21,208 | 30,835 | 40,757 | |
Amounts payable after more than one year17 |
- | - | - | - | - | - | - | - | 1,267 | 6,803 | 11,598 | |
Financial debts170/4 |
- | - | - | - | - | - | - | - | 1,267 | 6,803 | 11,598 | |
Amounts payable within one year42/48 |
33,357 | 18,731 | 10,751 | 24,959 | 27,560 | 14,810 | 10,131 | 24,990 | 19,941 | 24,031 | 29,159 | |
Current portion of amounts payable after more than one year42 |
- | - | - | - | - | - | - | 957 | 5,368 | 5,386 | 6,025 | |
Financial debts43 |
2,214 | 3,540 | 1,469 | 2,716 | 20,650 | 9,711 | 3,140 | - | 6,832 | 6,991 | 8,855 | |
Credit institutions430/8 |
2,214 | 3,540 | 1,469 | 2,716 | 20,650 | 9,711 | 3,140 | - | 6,832 | 6,991 | 8,855 | |
Trade debts44 |
1,303 | 1,315 | 696 | 333 | 56 | 783 | 1,880 | 3,295 | 2,403 | 4,831 | 2,819 | |
Suppliers440/4 |
1,303 | 1,315 | 696 | 333 | 56 | 783 | 1,880 | 3,295 | 2,403 | 4,831 | 2,819 | |
Taxes, remuneration and social security45 |
11,139 | 13,876 | 8,587 | 6,118 | 6,854 | 4,316 | 5,111 | 4,611 | 5,337 | 6,823 | 11,460 | |
Taxes450/3 |
11,139 | 13,876 | 8,587 | 6,118 | 6,854 | 2,857 | 2,978 | 2,586 | 5,337 | 3,091 | 1,037 | |
Remuneration and social security454/9 |
- | - | - | - | - | 1,459 | 2,133 | 2,025 | - | 3,732 | 10,424 | |
Other amounts payable47/48 |
18,700 | - | - | 15,793 | - | - | - | 16,127 | - | - | - | |
Accrued charges and deferred income492/3 |
598 | 515 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||
Gross operating margin9900 |
81,004 | 95,829 | 88,541 | 50,761 | 38,589 | 6,729 | 1,618 | 13,735 | 15,213 | 43,291 | 24,620 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
864 | 864 | 864 | 864 | - | - | 3,673 | 4,047 | 4,051 | 4,051 | 3,669 | |
Other operating charges640/8 |
905 | 914 | 504 | 1,356 | 485 | 550 | 484 | 724 | 84 | 273 | 2,033 | |
Operating profit (loss)9901 |
79,235 | 94,051 | 87,173 | 48,541 | 38,104 | 6,179 | -2,539 | 8,964 | 11,078 | 38,966 | 18,918 | |
Financial income75/76B |
729 | 484 | 79 | 79 | 79 | 93 | 17 | 176 | 115 | 59 | 4 | |
Recurring financial income75 |
729 | 484 | 79 | 79 | 79 | 93 | 17 | 176 | 115 | 59 | 4 | |
Financial charges65/66B |
356 | 186 | 223 | 239 | 74 | 139 | 136 | 139 | 345 | 472 | 396 | |
Recurring financial charges65 |
356 | 186 | 223 | 239 | 74 | 139 | 136 | 139 | 345 | 472 | 396 | |
Profit (loss) for the period before taxes9903 |
79,608 | 94,349 | 87,029 | 48,382 | 38,109 | 6,133 | -2,658 | 9,001 | 10,848 | 38,554 | 18,526 | |
Income taxes67/77 |
16,792 | 22,084 | 16,013 | 13,721 | 8,509 | -7,070 | 2,005 | 8,939 | 20,061 | 16 | 1 | |
Profit (loss) for the period9904 |
62,816 | 72,265 | 71,016 | 34,660 | 29,600 | 13,203 | -4,663 | 62 | -9,212 | 38,538 | 18,525 | |
Profit (loss) for the period to be appropriated9905 |
62,816 | 72,265 | 71,016 | 34,660 | 29,600 | 13,203 | -4,663 | 62 | -9,212 | 38,538 | 18,525 | |
| Appropriation of the result | ||||||||||||
Profit (loss) to be appropriated9906 |
154,208 | 171,392 | 184,127 | 113,111 | 78,451 | 48,851 | 42,920 | 46,052 | 45,990 | 56,133 | 18,525 | |
Profit (loss) brought forward from the previous period14P |
91,392 | 99,127 | 113,111 | 78,451 | 48,851 | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | - | - | - | - | - | - | 930 | 930 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | - | 930 | 930 | |
Profit to be distributed694/7 |
102,000 | 80,000 | 85,000 | - | - | - | - | - | - | - | - | |
Return on contributions (dividend)694 |
102,000 | 80,000 | 85,000 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-06-2026 | 2026-00154527 | |
| 31-12-2024 | micro format | 12-06-2025 | 2025-00137162 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00178355 | |
| 31-12-2022 | micro format | 21-07-2023 | 2023-00262942 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20128462 | |
| 31-12-2020 | micro format | 23-09-2021 | 2021-68400041 | |
| 31-12-2019 | micro format | 11-06-2020 | 2020-16700056 | |
| 31-12-2018 | micro format | 05-07-2019 | 2019-30200195 | |
| 31-12-2017 | micro format | 23-07-2018 | 2018-36600351 | |
| 31-12-2016 | full format | 07-07-2017 | 2017-29400322 | |
| 31-12-2015 | full format | 28-06-2016 | 2016-23600245 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 80,099 | 94,915 | 88,037 | 49,405 | - | - | 1,134 | 13,011 | 15,128 | 43,017 | 22,587 | |
| Cash flow | 63,680 | 73,129 | 71,880 | 35,524 | - | - | -990 | 4,109 | -5,162 | 42,589 | 22,194 | |
| Investment in fixed assets (approximation) | 0 | 0 | 0 | 0 | 4,320 | - | 0 | 0 | 0 | 1,145 | 18,437 | |
| Change in cash | -25,954 | -12,260 | 3,445 | 55,270 | 5,267 | 11,756 | 2,351 | 8,857 | -31,934 | 28,545 | - | |
| Working capital | 72,312 | 110,550 | 116,905 | 117,625 | 82,101 | 56,821 | 50,890 | 50,349 | 47,507 | 58,204 | 21,555 | |
| Solvency | 68.2% | 85.3% | 91.8% | 82.9% | 75.8% | 79.4% | 83.4% | 68.4% | 71.8% | 67.2% | 37.8% | |
| Current ratio | 3.17 | 6.90 | 11.87 | 5.71 | 3.98 | 4.84 | 6.02 | 3.01 | 3.38 | 3.42 | 1.74 | |
| Quick ratio | 3.17 | 6.90 | 11.87 | 5.71 | 3.98 | 4.84 | 6.02 | 3.01 | 3.38 | 3.42 | 0.71 | |
| Debt to equity | 0.47 | 0.17 | 0.09 | 0.21 | 0.32 | 0.26 | 0.20 | 0.46 | 0.39 | 0.49 | 1.65 | |
| ROE | 86.4% | 64.6% | 59.4% | 28.6% | 34.2% | 23.2% | -9.1% | 0.1% | -17.0% | 60.9% | 74.9% | |
| ROA | 58.9% | 55.1% | 54.5% | 23.7% | 25.9% | 18.4% | -7.6% | 0.1% | -12.2% | 41.0% | 28.3% | |
| Interest coverage | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €4,320 |
| Depreciation and write-downs of the year | €864 | €864 | €864 | €864 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 16% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 14.7% to 31.8%. Equity is lower and debt is higher.
QUANTANALYTICS has no parent and no holdings in its annual accounts. Moutaftchieff Vasco is the only director. QUANTANALYTICS shares no director with another company.
| Moutaftchieff, Vasco (sole trader)
establishment since 06-02-2019 |
founded in 2019 0719.919.350 |
| In Vino Caritas
registered office since 27-09-2012 |
founded in 2012 0849.065.843 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Bosstraat 482 registered office 1150 Woluwe-Saint-Pierre | 10-02-2015 | 2.239.136.617 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21683D0371/00C025 | 209 m² | 1 · 59 m² | 11.0 m · 3 |
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