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QUBIT ANALYTICS

Active
Private limited companyfounded 2023active for 3 yearsVoie de l'Eau 19, 4100 Seraing, BelgiumKBO/BCE: BE 0804.118.320
Summary

QUBIT ANALYTICS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,523 and a net result of €232,678. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 18% of 21,059 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (19 days) Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00419998.

Equity
€70,523▲ 1.0%
2024 · €69,846
Total assets
€454,690▲ 23.1%
2024 · €369,493
Net result
€232,678▲ 29.5%
2024 · €179,618
Working capital
€53,009▲ 22.8%
2024 · €43,177
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 30% above 2024 and is 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€305,386 2025 Net result€232,678 2025

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

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€85,075-€234,503▲ 176%€305,386▲ 30.2%
Net result€62,028above the sector's middle half-€179,618above the sector's middle half▲ 190%€232,678above the sector's middle half▲ 29.5%
Equity€69,028within the sector's middle half-€69,846within the sector's middle half▲ 1.2%€70,523within the sector's middle half▲ 1.0%
Total assets€134,104within the sector's middle half-€369,493above the sector's middle half▲ 176%€454,690above the sector's middle half▲ 23.1%
Debt€65,076-€299,647▲ 360%€384,167▲ 28.2%
Working capital€31,556within the sector's middle half-€43,177within the sector's middle half▲ 36.8%€53,009within the sector's middle half▲ 22.8%
Solvency51.5%within the sector's middle half-18.9%below the sector's middle half▼ 32.6pp15.5%below the sector's middle half▼ 3.4pp
Current ratio1.49within the sector's middle half-1.15below the sector's middle half▼ 0.341.14below the sector's middle half▼ 0.01
Return on assets (ROA)46.3%above the sector's middle half-48.6%above the sector's middle half▲ 2.4pp51.2%above the sector's middle half▲ 2.6pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €454,690
Fixed assets €18,347 ▼ 42.6%
Current assets €436,343 ▲ 29.3%
Equity and liabilities €454,690
Equity €70,523 ▲ 1.0%
Debt €384,167 ▲ 28.2%
Debt's share of the balance-sheet total rises from 81.1% to 84.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€319,024▲
2024 · €247,881
Cash flow
€246,315▲
2024 · €192,996
Debt to equity
5.45▲
2024 · 4.29
ROE
329.9%▲
2024 · 257.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€383,335▲
2024 · €294,332
Debt > 1 year
€382▼
2024 · €4,871
Income taxes
€72,211▲
2024 · €54,291
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,602 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96.4% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
0.9% stopped otherwise
96.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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 1,602 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€369,493€454,690▲
Fixed assets21/28€31,985€18,347▼
Intangible fixed assets21€12,290€8,930▼
Tangible fixed assets22/27€19,695€9,417▼
Furniture and vehicles24€19,695€9,417▼
Current assets29/58€337,508€436,343▲
Amounts receivable within one year40/41€214,742€258,784▲
Trade receivables40€208,176€257,998▲
Other amounts receivable41€6,566€786▼
Current investments50/53€37,673€86,652▲
Cash at bank and in hand54/58€85,094€90,908▲
Equity and liabilities
Total equity and liabilities10/49€369,493€454,690▲
Equity10/15€69,846€70,523▲
Contributions10/11€7,000€7,000=
Reserves13€62,846€63,523▲
Distributable reserves133€62,846€63,523▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€299,647€384,167▲
Amounts payable after more than one year17€4,871€382▼
Financial debts170/4€4,871€382▼
Amounts payable within one year42/48€294,332€383,335▲
Current portion of amounts payable after more than one year42€4,313€4,489▲
Trade debts44€8,301€5,777▼
Suppliers440/4€8,301€5,777▼
Taxes, remuneration and social security45€108,852€163,160▲
Taxes450/3€108,852€163,160▲
Remuneration and social security454/9€0-
Other amounts payable47/48€172,866€209,909▲
Accrued charges and deferred income492/3€445€450▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,378€13,638▲
Other operating charges640/8€353€686▲
Gross operating margin9900€248,234€319,710▲
Operating profit (loss)9901€234,503€305,386▲
Financial income75/76B€120€921▲
Recurring financial income75€120€921▲
Financial charges65/66B€713€1,418▲
Recurring financial charges65€713€1,418▲
Profit (loss) for the period before taxes9903€233,909€304,889▲
Income taxes67/77€54,291€72,211▲
Profit (loss) for the period9904€179,618€232,678▲
Profit (loss) for the period to be appropriated9905€179,618€232,678▲
Appropriation of the result
Profit (loss) to be appropriated9906€179,618€232,678▲
Transfer to equity691/2€818€678▼
To other reserves6921€818€678▼
Profit to be distributed694/7€178,800€232,000▲
Return on contributions (dividend)694€178,800€232,000▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,649€13,378€13,638▲ 1.9%
Other operating charges640/8€59€353€686▲ 94.3%
Gross operating margin9900€87,783€248,234€319,710▲ 28.8%
Operating profit (loss)9901€85,075€234,503€305,386▲ 30.2%
Financial income75/76B-€120€921▲ 670%
Recurring financial income75-€120€921▲ 670%
Financial charges65/66B€21€713€1,418▲ 98.9%
Recurring financial charges65€21€713€1,418▲ 98.9%
Profit (loss) for the period before taxes9903€85,054€233,909€304,889▲ 30.3%
Income taxes67/77€23,027€54,291€72,211▲ 33.0%
Profit (loss) for the period9904€62,028€179,618€232,678▲ 29.5%
Profit (loss) for the period to be appropriated9905€62,028€179,618€232,678▲ 29.5%
Line202320242025Change
Assets
Total assets20/58€134,104€369,493€454,690▲ 23.1%
Fixed assets21/28€37,531€31,985€18,347▼ 42.6%
Intangible fixed assets21€15,650€12,290€8,930▼ 27.3%
Tangible fixed assets22/27€21,881€19,695€9,417▼ 52.2%
Furniture and vehicles24€21,881€19,695€9,417▼ 52.2%
Current assets29/58€96,573€337,508€436,343▲ 29.3%
Amounts receivable within one year40/41€66,035€214,742€258,784▲ 20.5%
Trade receivables40€66,034€208,176€257,998▲ 23.9%
Other amounts receivable41€1€6,566€786▼ 88.0%
Current investments50/53-€37,673€86,652▲ 130%
Cash at bank and in hand54/58€30,538€85,094€90,908▲ 6.8%
Equity and liabilities
Total equity and liabilities10/49€134,104€369,493€454,690▲ 23.1%
Equity10/15€69,028€69,846€70,523▲ 1.0%
Contributions10/11€7,000€7,000€7,000=
Reserves13€62,028€62,846€63,523▲ 1.1%
Distributable reserves133€62,028€62,846€63,523▲ 1.1%
Profit (loss) carried forward14-€0€0-
Amounts payable17/49€65,076€299,647€384,167▲ 28.2%
Amounts payable after more than one year17-€4,871€382▼ 92.2%
Financial debts170/4-€4,871€382▼ 92.2%
Amounts payable within one year42/48€65,017€294,332€383,335▲ 30.2%
Current portion of amounts payable after more than one year42-€4,313€4,489▲ 4.1%
Trade debts44€1,520€8,301€5,777▼ 30.4%
Suppliers440/4€1,520€8,301€5,777▼ 30.4%
Taxes, remuneration and social security45€39,631€108,852€163,160▲ 49.9%
Taxes450/3€39,231€108,852€163,160▲ 49.9%
Remuneration and social security454/9€400€0--
Other amounts payable47/48€23,866€172,866€209,909▲ 21.4%
Accrued charges and deferred income492/3€59€445€450▲ 1.2%
Line202320242025Change
Profit (loss) for the period9904€62,028€179,618€232,678▲ 29.5%
+ Depreciation and write-downs630€2,649€13,378€13,638▲ 1.9%
Operating cash flow (approximation)€64,677€192,996€246,315▲ 27.6%
Investment in fixed assets (approximation)--€7,832€0-
Change in cash-€54,556€5,814▼ 89.3%

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

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 19-08-2026 2026-00419998
31-12-2024 micro format 11-08-2025 2025-00368644
31-12-2023 micro format 31-08-2024 2024-00429436

Similar companies · same sector, comparable size

Of the 16,989 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,925. 7,014 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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