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QUANTUM SYSTEMS

Active
Private limited companyfounded 1995active for 31 yearsAntwerpsesteenweg 124, 2630 Aartselaar, Belgium61 active companies are registered at this addressKBO/BCE: BE 0455.191.504

From the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

QUANTUM SYSTEMS has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €34,896 and a net result of €631, of which €4,973 non-recurring income. Equity has been growing by about 5.6% per year since 2018. Its solvency ranks better than 45% of 376 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, micro format

Latest annual accounts filed

Annual accounts 2026

View at the NBB
Financial year ended
31-03-2026
Filed on
28-10-2026
Format
micro format
Reference
2026-00570589
Turnover
≈ €200,000
Estimated: probably between €110,000 and €380,000
Total assets
€92,969▲ 49.1%
2025 · €62,362
Net result
€631
2025 · -€7,552
Working capital
€32,412▼ 2.4%
2025 · €33,218
Trend over the years

2022 to 2026, 5 financial years 2018 to 2026, 8 financial years

The operating result for 2026 is a profit of €1,836, after a loss of €6,574 in 2025.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€1,836 2026 Net result€631 2026

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

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182020202120222023202420252026
Operating result-€2,411--€2,913-€11,754€10,135▼ 13.8%€7,003▼ 30.9%€2,754▼ 60.7%-€6,574€1,836
Net result€516--€4,467-€8,954within the sector's middle half€7,013within the sector's middle half▼ 21.7%€4,373within the sector's middle half▼ 37.6%€642within the sector's middle half▼ 85.3%-€7,552below the sector's middle half€631
Equity€25,301-€20,835-€29,789within the sector's middle half▲ 43.0%€36,802within the sector's middle half▲ 23.5%€41,174within the sector's middle half▲ 11.9%€41,816within the sector's middle half▲ 1.6%€34,265within the sector's middle half▼ 18.1%€34,896▲ 1.8%
Total assets€217,644-€57,314-€78,983within the sector's middle half▲ 37.8%€79,750within the sector's middle half▲ 1.0%€85,956within the sector's middle half▲ 7.8%€103,614within the sector's middle half▲ 20.5%€62,362below the sector's middle half▼ 39.8%€92,969▲ 49.1%
Debt€192,343-€36,480-€49,194▲ 34.9%€42,949▼ 12.7%€44,782▲ 4.3%€61,797▲ 38.0%€28,097▼ 54.5%€58,074▲ 107%
Working capital€60,909-€10,957-€24,202within the sector's middle half▲ 121%€33,116within the sector's middle half▲ 36.8%€39,345within the sector's middle half▲ 18.8%€40,478within the sector's middle half▲ 2.9%€33,218within the sector's middle half▼ 17.9%€32,412▼ 2.4%
Solvency11.6%-36.4%-37.7%within the sector's middle half▲ 1.4pp46.1%within the sector's middle half▲ 8.4pp47.9%within the sector's middle half▲ 1.8pp40.4%within the sector's middle half▼ 7.5pp54.9%within the sector's middle half▲ 14.6pp37.5%▼ 17.4pp
Current ratio1.41-1.30-1.49within the sector's middle half▲ 0.191.77within the sector's middle half▲ 0.281.88within the sector's middle half▲ 0.111.66within the sector's middle half▼ 0.222.18within the sector's middle half▲ 0.531.56▼ 0.62
Return on assets (ROA)0.2%--7.8%-11.3%within the sector's middle half▲ 19.1pp8.8%within the sector's middle half▼ 2.5pp5.1%within the sector's middle half▼ 3.7pp0.6%within the sector's middle half▼ 4.5pp-12.1%below the sector's middle half▼ 12.7pp0.7%▲ 12.8pp
Staff (FTE)0.6-0.6-0.6=1▲ 66.7%1=1=1=1=
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €92,969
Fixed assets €2,484 ▲ 137%
Current assets €90,485 ▲ 47.6%
Equity and liabilities €92,969
Equity €34,896 ▲ 1.8%
Debt €58,074 ▲ 107%
Debt's share of the balance-sheet total rises from 45.1% to 62.5%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€2,097▲
2025 · -€6,282
Cash flow
€892▲
2025 · -€7,260
Quick ratio
1.55▼
2025 · 2.16
Debt to equity
1.66▲
2025 · 0.82
ROE
1.8%▲
2025 · -22.0%
Interest coverage
2.33▲
2025 · -6.90
Debt ≤ 1 year
€58,074▲
2025 · €28,097
Income taxes
€307▲
2025 · €67
Staff costs
€27,225▼
2025 · €27,243
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 17,041 companies had the same profile as QUANTUM SYSTEMS has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of QUANTUM SYSTEMS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the 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% 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 17,041 companies, not a prediction for QUANTUM SYSTEMS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 41 lines

Source: Annual accounts 2026 at the NBB, filed on 28-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€62,362€92,969▲
Fixed assets21/28€1,047€2,484▲
Tangible fixed assets22/27€476€1,914▲
Plant, machinery and equipment23€476€1,914▲
Financial fixed assets28€570€570=
Current assets29/58€61,315€90,485▲
Stocks and contracts in progress3€732€728▼
Stocks30/36€732€728▼
Amounts receivable within one year40/41€29,486€63,911▲
Trade receivables40€28,573€63,911▲
Other amounts receivable41€913-
Cash at bank and in hand54/58€31,097€25,745▼
Deferred charges and accrued income490/1-€101
Equity and liabilities
Total equity and liabilities10/49€62,362€92,969▲
Equity10/15€34,265€34,896▲
Contributions10/11€20,451€20,451=
Reserves13€9,459€9,459=
Distributable reserves133€9,459€9,459=
Profit (loss) carried forward14€4,355€4,986▲
Amounts payable17/49€28,097€58,074▲
Amounts payable within one year42/48€28,097€58,074▲
Trade debts44€16,705€42,270▲
Suppliers440/4€16,705€42,270▲
Taxes, remuneration and social security45€11,392€15,433▲
Taxes450/3€8,140€12,076▲
Remuneration and social security454/9€3,252€3,357▲
Other amounts payable47/48-€371
Income statement Code20252026
Non-recurring operating income76A-€4,973
Remuneration, social security and pensions62€27,243€27,225▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292€261▼
Other operating charges640/8€1,553€1,548▼
Gross operating margin9900€22,514€30,871▲
Operating profit (loss)9901-€6,574€1,836▲
Financial charges65/66B€910€898▼
Recurring financial charges65€910€898▼
Profit (loss) for the period before taxes9903-€7,484€938▲
Income taxes67/77€67€307▲
Profit (loss) for the period9904-€7,552€631▲
Profit (loss) for the period to be appropriated9905-€7,552€631▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,355€4,986▲
Profit (loss) brought forward from the previous period14P€11,906€4,355▼

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182020202120222023202420252026Change
Non-recurring operating income76A-------€4,973-
Remuneration, social security and pensions62---€22,234€25,511€27,409€27,243€27,225▼ 0.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,976€4,169€4,291€3,205€1,856€491€292€261▼ 10.5%
Other operating charges640/8---€1,346€1,438€1,609€1,553€1,548▼ 0.3%
Gross operating margin9900€22,038€27,512€39,212€36,920€35,809€32,264€22,514€30,871▲ 37.1%
Operating profit (loss)9901-€2,411-€2,913€11,754€10,135€7,003€2,754-€6,574€1,836-
Financial income75/76B---€72€54----
Recurring financial income75€3,669-€1,217€72€54----
Financial charges65/66B---€275€428€423€910€898▼ 1.3%
Recurring financial charges65€743€638€624€275€428€423€910€898▼ 1.3%
Profit (loss) for the period before taxes9903€516-€3,551€12,347€9,932€6,629€2,331-€7,484€938-
Income taxes67/77-€916€3,393€2,920€2,256€1,689€67€307▲ 356%
Profit (loss) for the period9904€516-€4,467€8,954€7,013€4,373€642-€7,552€631-
Profit (loss) for the period to be appropriated9905€516-€4,467€8,954€7,013€4,373€642-€7,552€631-
Line20182020202120222023202420252026Change
Assets
Total assets20/58€217,644€57,314€78,983€79,750€85,956€103,614€62,362€92,969▲ 49.1%
Fixed assets21/28€6,494€9,877€5,586€3,686€1,830€1,338€1,047€2,484▲ 137%
Tangible fixed assets22/27€5,924€9,307€5,016€3,116€1,259€768€476€1,914▲ 302%
Plant, machinery and equipment23---€2,039€1,259€768€476€1,914▲ 302%
Furniture and vehicles24---€1,077-----
Financial fixed assets28€570€570€570€570€570€570€570€570=
Current assets29/58€211,150€47,437€73,396€76,064€84,126€102,275€61,315€90,485▲ 47.6%
Stocks and contracts in progress3€7,150€6,482€2,104€965€613€647€732€728▼ 0.5%
Stocks30/36---€965€613€647€732€728▼ 0.5%
Amounts receivable within one year40/41€165,051€39,452€54,141€48,940€41,412€30,732€29,486€63,911▲ 117%
Trade receivables40---€48,940€40,712€30,732€28,573€63,911▲ 124%
Other amounts receivable41----€700-€913--
Cash at bank and in hand54/58€6,299€1,503€17,151€26,159€42,102€70,897€31,097€25,745▼ 17.2%
Deferred charges and accrued income490/1-------€101-
Equity and liabilities
Total equity and liabilities10/49€217,644€57,314€78,983€79,750€85,956€103,614€62,362€92,969▲ 49.1%
Equity10/15€25,301€20,835€29,789€36,802€41,174€41,816€34,265€34,896▲ 1.8%
Contributions10/11€18,592€20,451-€20,451€20,451€20,451€20,451€20,451=
Reserves13€11,318€9,459€9,459€9,459€9,459€9,459€9,459€9,459=
Distributable reserves133---€9,459€9,459€9,459€9,459€9,459=
Profit (loss) carried forward14-€4,609-€9,075-€121€6,892€11,265€11,906€4,355€4,986▲ 14.5%
Amounts payable17/49€192,343€36,480€49,194€42,949€44,782€61,797€28,097€58,074▲ 107%
Amounts payable within one year42/48€150,241€36,480€49,194€42,949€44,782€61,797€28,097€58,074▲ 107%
Trade debts44€107,635€24,243€21,419€19,669€21,282€44,131€16,705€42,270▲ 153%
Suppliers440/4---€19,669€21,282€44,131€16,705€42,270▲ 153%
Taxes, remuneration and social security45---€16,779€18,448€15,190€11,392€15,433▲ 35.5%
Taxes450/3---€14,001€15,510€12,003€8,140€12,076▲ 48.4%
Remuneration and social security454/9---€2,778€2,938€3,188€3,252€3,357▲ 3.2%
Other amounts payable47/48---€6,501€5,051€2,476-€371-
Line20182020202120222023202420252026Change
Profit (loss) for the period9904€516-€4,467€8,954€7,013€4,373€642-€7,552€631-
+ Depreciation and write-downs630€2,976€4,169€4,291€3,205€1,856€491€292€261▼ 10.5%
Operating cash flow (approximation)€3,491-€298€13,245€10,218€6,229€1,133-€7,260€892-
Investment in fixed assets (approximation)--€0-€1,305€0€0€0-€1,698-
Change in cash--€15,649€9,008€15,943€28,795-€39,800-€5,352▲ 86.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 28-10-2026 2026-00570589 NBB
31-03-2025 micro format 28-10-2025 2025-00550693 PDF
31-03-2024 micro format 24-10-2024 2024-00513339 PDF
31-03-2023 micro format 18-10-2023 2023-00487759 PDF
31-03-2022 micro format 08-09-2022 2022-20422768 PDF
31-03-2021 micro format 27-09-2021 2021-68400523 PDF
31-03-2020 micro format 27-11-2020 2020-72300502 PDF
31-12-2018 micro format 10-07-2019 2019-31300141 PDF
31-12-2017 micro format 29-06-2018 2018-26800177 PDF
31-12-2016 micro format 15-06-2017 2017-17800533 PDF

Show all 29 filings

Comparable companies

These companies have the same main activity as QUANTUM SYSTEMS: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €61,000 and €122,000, founded between 1988 and 2000.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
QUANTUM SYSTEMS Aartselaar1995€92,969€34,896€30,871€6312026
DE PC - DOKTER Antwerpen1994€77,709-€92,964€24,306€19,3542025
CYBERMANIA Herenthout1998€113,534-€63,580€24,427€19,6072025
DARK BLUE SOLUTIONS Schoten2000€92,113€33,903€43,203€21,3982025
Eweb Consult Geel1988€121,593€73,803€36,220€19,4172025
JL - SYSTEMS Liedekerke1997€115,550€77,624€44,092€19,2742025
DDC COMPUTERS Denderleeuw1997€60,973€52,024€25,011€13,4722025

They were chosen from the 1,401 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.