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QUANTEC

Active
Public limited companyfounded 1985active for 41 yearsGroene Jagerslaan 23, 1180 Ukkel, BelgiumKBO/BCE: BE 0427.083.674
Summary

QUANTEC has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.0m) and a net result of -€114,203. Equity is shrinking by about 7.5% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, full format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00482880.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€114,203▼ 23.5%
2024 · -€92,441
Working capital
-€3.5m▲ 0.1%
2024 · -€3.5m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €113,887 in 2025 against €92,031 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.1m 2025 Net result-€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.3m--€0.1m▲ 50.1%€0.2m-€0.1m-€0.03m▲ 78.3%-€0.2m▼ 559%-€0.09m▲ 46.5%-€0.1m▼ 23.7%
Net result-€0.4m--€0.4m▼ 2.1%€0.2m-€0.1m-€0.03m▲ 78.2%-€0.2m▼ 555%-€0.09m▲ 46.3%-€0.1m▼ 23.5%
Equity-€1.2m--€1.5m▼ 23.5%-€1.3m▲ 11.1%-€1.4m▼ 9.2%-€1.5m▼ 1.8%-€1.8m▼ 20.5%-€1.9m▼ 5.3%-€2.0m▼ 6.2%
Total assets€3.1m-€2.8m▼ 11.4%€2.4m▼ 14.7%€2.2m▼ 4.7%€2.3m▲ 1.4%€2.0m▼ 13.0%€1.8m▼ 9.8%€1.7m▼ 7.8%
Debt€4.3m-€4.2m▼ 1.8%€3.7m▼ 13.4%€3.7m▲ 0.3%€3.7m▲ 1.6%€3.7m▲ 0.1%€3.6m▼ 2.7%€3.6m▼ 0.7%
Working capital-€4.1m--€4.1m▲ 0.7%-€3.6m▲ 10.6%-€3.6m=-€3.7m▼ 0.7%-€3.7m▼ 1.2%-€3.5m▲ 6.3%-€3.5m▲ 0.1%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.5m ▼ 7.1%
Current assets €133,837 ▼ 15.1%
Equity and liabilities
Equity-€2.0m
Debt€3.6m
Equity is negative: debt (€3.6m) exceeds the balance-sheet total (€1.7m).
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,762▼
2024 · €24,618
Cash flow
€2,446▼
2024 · €24,208
Solvency
-119.1%▼
2024 · -103.4%
Current ratio
0.04▼
2024 · 0.04
ROA
-6.9%▼
2024 · -5.2%
Interest coverage
8.74▼
2024 · 60.06
Debt ≤ 1 year
€3.6m▼
2024 · €3.6m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 92.8% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
4.0% stopped otherwise
92.8% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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 1,242 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.7m▼
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€1.6m€1.5m▼
Land and buildings22€1.6m€1.5m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.2m€0.1m▼
Amounts receivable within one year40/41€0.005m€0.003m▼
Trade receivables40€0.005m€0.003m▼
Cash at bank and in hand54/58€0.2m€0.1m▼
Deferred charges and accrued income490/1€0.001m€0.001m▼
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.7m▼
Equity10/15-€1.9m-€2.0m▼
Contributions10/11€1.3m€1.3m=
Capital10€1.3m€1.3m=
Issued capital100€1.3m€1.3m=
Reserves13€0.008m€0.008m=
Non-distributable reserves130/1€0.008m€0.008m=
Legal reserve130€0.008m€0.008m=
Profit (loss) carried forward14-€3.1m-€3.3m▼
Amounts payable17/49€3.6m€3.6m▼
Amounts payable within one year42/48€3.6m€3.6m▼
Trade debts44€0.03m-
Suppliers440/4€0.03m-
Other amounts payable47/48€3.6m€3.6m=
Accrued charges and deferred income492/3-€0.001m
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m=
Other operating charges640/8€0.03m€0.009m▼
Gross operating margin9900€0.06m€0.01m▼
Operating profit (loss)9901-€0.09m-€0.1m▼
Financial charges65/66B€410€316▼
Recurring financial charges65€410€316▼
Profit (loss) for the period before taxes9903-€0.09m-€0.1m▼
Profit (loss) for the period9904-€0.09m-€0.1m▼
Profit (loss) for the period to be appropriated9905-€0.09m-€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3.1m-€3.3m▼
Profit (loss) brought forward from the previous period14P-€3.1m-€3.1m▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62----€18,885----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153,766€141,431€127,186€127,203-€127,390€116,649€116,649=
Other operating charges640/8---€16,177-€55,534€33,538€9,035▼ 73.1%
Gross operating margin9900€29,217€64,344€345,291€22,878-€7,218€11,026€58,156€11,797▼ 79.7%
Operating profit (loss)9901-€291,160-€145,189€205,239-€120,502-€26,103-€171,899-€92,031-€113,887▼ 23.7%
Financial income75/76B---€7-----
Recurring financial income75€11€121€45€7-----
Financial charges65/66B---€280€182€268€410€316▼ 22.9%
Recurring financial charges65€73,029€210,325€20,668€280€182€268€410€316▼ 22.9%
Profit (loss) for the period before taxes9903-€355,820-€363,192€163,616-€120,775-€26,285-€172,167-€92,441-€114,203▼ 23.5%
Profit (loss) for the period9904-€355,820-€363,192€163,616-€120,775-€26,285-€172,167-€92,441-€114,203▼ 23.5%
Profit (loss) for the period to be appropriated9905-€355,820-€363,192€163,616-€120,775-€26,285-€172,167-€92,441-€114,203▼ 23.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€3.1m€2.8m€2.4m€2.2m€2.3m€2.0m€1.8m€1.7m▼ 7.8%
Fixed assets21/28€3.1m€2.8m€2.3m€2.2m€2.2m€2.0m€1.6m€1.5m▼ 7.1%
Tangible fixed assets22/27€3.1m€2.7m€2.3m€2.2m€2.2m€2.0m€1.6m€1.5m▼ 7.1%
Land and buildings22---€2.2m€2.2m€2.0m€1.6m€1.5m▼ 7.1%
Financial fixed assets28€0.001m€0.02m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.009m€0.01m€0.02m€0.03m€0.07m€0.03m€0.2m€0.1m▼ 15.1%
Amounts receivable within one year40/41€0.008m€0.008m€0.006m€0.001m€0.005m€0.005m€0.005m€0.003m▼ 25.9%
Trade receivables40---€0.001m€0.005m€0.005m€0.005m€0.003m▼ 25.9%
Cash at bank and in hand54/58€0.001m€0.005m€0.02m€0.03m€0.06m€0.02m€0.2m€0.1m▼ 14.8%
Deferred charges and accrued income490/1---€0.001m€0.001m€0.001m€0.001m€0.001m▼ 12.8%
Equity and liabilities
Total equity and liabilities10/49€3.1m€2.8m€2.4m€2.2m€2.3m€2.0m€1.8m€1.7m▼ 7.8%
Equity10/15-€1.2m-€1.5m-€1.3m-€1.4m-€1.5m-€1.8m-€1.9m-€2.0m▼ 6.2%
Contributions10/11€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m=
Capital10---€1.3m€1.3m€1.3m€1.3m€1.3m=
Issued capital100---€1.3m€1.3m€1.3m€1.3m€1.3m=
Reserves13€0.008m€0.008m€0.008m€0.008m€0.008m€0.008m€0.008m€0.008m=
Non-distributable reserves130/1---€0.008m€0.008m€0.008m€0.008m€0.008m=
Legal reserve130---€0.008m€0.008m€0.008m€0.008m€0.008m=
Profit (loss) carried forward14-€2.5m-€2.8m-€2.6m-€2.7m-€2.8m-€3.1m-€3.1m-€3.3m▼ 3.6%
Amounts payable17/49€4.3m€4.2m€3.7m€3.7m€3.7m€3.7m€3.6m€3.6m▼ 0.7%
Amounts payable after more than one year17€0.2m€0.1m€0.002m------
Amounts payable within one year42/48€4.1m€4.1m€3.7m€3.7m€3.7m€3.7m€3.6m€3.6m▼ 0.7%
Trade debts44€0.02m€0.02m€0.01m€0.02m€0.03m€0.009m€0.03m--
Suppliers440/4---€0.02m€0.03m€0.009m€0.03m--
Other amounts payable47/48---€3.7m€3.7m€3.7m€3.6m€3.6m=
Accrued charges and deferred income492/3-------€0.001m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€355,820-€363,192€163,616-€120,775-€26,285-€172,167-€92,441-€114,203▼ 23.5%
+ Depreciation and write-downs630€153,766€141,431€127,186€127,203-€127,390€116,649€116,649=
Operating cash flow (approximation)-€202,054-€221,761€290,802€6,428-€26,285-€44,777€24,208€2,446▼ 89.9%
Investment in fixed assets (approximation)-€221,006€288,675-€4,086€0€127,390€209,127€0▼ 100.0%
Change in cash-€3,887€11,184€16,532€28,616-€40,406€131,368-€22,569-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 40 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 31-08-2026 2026-00482880
31-12-2024 full format 31-08-2025 2025-00471239
31-12-2023 full format 31-08-2024 2024-00434054
31-12-2022 full format 01-08-2023 2023-00304324
31-12-2021 full format 26-12-2022 2022-20549842
31-12-2020 micro format 31-08-2021 2021-62900590
31-12-2019 abbreviated format 30-10-2020 2020-68100414
31-12-2018 abbreviated format 30-08-2019 2019-63000060
31-12-2017 full format 30-10-2018 2018-71400380
31-12-2016 full format 25-09-2017 2017-62800118

Show all 40 filings

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