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QUEST COMPUTERS

Active
Private limited company (pre-2019)founded 2005active for 21 yearsBrugse Steenweg 72, 8370 Blankenberge, BelgiumKBO/BCE: BE 0871.373.962
Summary

QUEST COMPUTERS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,826 and a net result of €29,101. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 56% of 22,479 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€166,826▲ 21.1%
2024 · €137,725
Total assets
€417,064▲ 12.5%
2024 · €370,818
Net result
€29,101▲ 132%
2024 · €12,526
Working capital
€36,063▲ 40.3%
2024 · €25,696
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 54% above 2024.

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

Operating result€45,820 2025 Net result€29,101 2025

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

Sector: the middle half of NACE 47, Retail trade: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€85,799-€11,595-€40,546-€34,087▲ 15.9%€61,768€29,762▼ 51.8%€45,820▲ 54.0%
Net result-€99,846-€261,117above the sector's middle half-€47,987below the sector's middle half-€42,453below the sector's middle half▲ 11.5%€86,078within the sector's middle half€12,526within the sector's middle half▼ 85.4%€29,101above the sector's middle half▲ 132%
Equity-€131,555-€129,562within the sector's middle half€81,575below the sector's middle half▼ 37.0%€39,122below the sector's middle half▼ 52.0%€125,199within the sector's middle half▲ 220%€137,725within the sector's middle half▲ 10.0%€166,826above the sector's middle half▲ 21.1%
Total assets€515,753-€742,189within the sector's middle half▲ 43.9%€483,390within the sector's middle half▼ 34.9%€416,022below the sector's middle half▼ 13.9%€438,290below the sector's middle half▲ 5.4%€370,818below the sector's middle half▼ 15.4%€417,064above the sector's middle half▲ 12.5%
Debt€647,309-€612,627▼ 5.4%€401,815▼ 34.4%€376,900▼ 6.2%€313,091▼ 16.9%€233,093▼ 25.6%€250,239▲ 7.4%
Working capital-€306,949-€46,730within the sector's middle half-€9,263below the sector's middle half-€59,422below the sector's middle half▼ 542%€20,994within the sector's middle half€25,696within the sector's middle half▲ 22.4%€36,063within the sector's middle half▲ 40.3%
Solvency-25.5%-17.5%within the sector's middle half▲ 43.0pp16.9%below the sector's middle half▼ 0.6pp9.4%below the sector's middle half▼ 7.5pp28.6%within the sector's middle half▲ 19.2pp37.1%within the sector's middle half▲ 8.6pp40.0%within the sector's middle half▲ 2.9pp
Current ratio0.28-1.11within the sector's middle half▲ 0.830.96below the sector's middle half▼ 0.150.74below the sector's middle half▼ 0.211.11within the sector's middle half▲ 0.361.18within the sector's middle half▲ 0.081.19within the sector's middle half▲ 0.01
Return on assets (ROA)-19.4%-35.2%above the sector's middle half▲ 54.5pp-9.9%below the sector's middle half▼ 45.1pp-10.2%below the sector's middle half▼ 0.3pp19.6%above the sector's middle half▲ 29.8pp3.4%within the sector's middle half▼ 16.3pp7.0%within the sector's middle half▲ 3.6pp
Staff (FTE)4.9-4.9within the sector's middle half=6.1within the sector's middle half▲ 24.5%5.1within the sector's middle half▼ 16.4%3.3within the sector's middle half▼ 35.3%3within the sector's middle half▼ 9.1%3.2▲ 6.7%
above within below the middle half of NACE 47, Retail trade: 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 abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €417,064
Fixed assets €190,100 ▼ 7.4%
Current assets €226,964 ▲ 37.0%
Equity and liabilities €417,064
Equity €166,826 ▲ 21.1%
Debt €250,239 ▲ 7.4%
Debt's share of the balance-sheet total falls from 62.9% to 60.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€66,657▲
2024 · €50,049
Cash flow
€49,938▲
2024 · €32,813
Quick ratio
0.53▼
2024 · 0.59
Debt to equity
1.50▼
2024 · 1.69
ROE
17.4%▲
2024 · 9.1%
Interest coverage
8.62▲
2024 · 4.26
Debt ≤ 1 year
€190,902▲
2024 · €139,937
Debt > 1 year
€59,337▼
2024 · €93,155
Income taxes
€12,803▲
2024 · €6,126
Staff costs
€161,782▲
2024 · €158,691
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,473 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 31,372 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 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€370,818€417,064▲
Fixed assets21/28€205,184€190,100▼
Tangible fixed assets22/27€205,184€190,100▼
Land and buildings22€197,169€179,244▼
Plant, machinery and equipment23€7,833€9,860▲
Furniture and vehicles24€183€995▲
Current assets29/58€165,633€226,964▲
Stocks and contracts in progress3€83,345€125,634▲
Stocks30/36€83,345€125,634▲
Amounts receivable within one year40/41€42,001€45,049▲
Trade receivables40€41,941€43,993▲
Other amounts receivable41€60€1,056▲
Cash at bank and in hand54/58€33,975€56,087▲
Deferred charges and accrued income490/1€6,313€194▼
Equity and liabilities
Total equity and liabilities10/49€370,818€417,064▲
Equity10/15€137,725€166,826▲
Contributions10/11€196,850€196,850=
Profit (loss) carried forward14-€59,125-€30,024▲
Amounts payable17/49€233,093€250,239▲
Amounts payable after more than one year17€93,155€59,337▼
Financial debts170/4€93,155€59,337▼
Amounts payable within one year42/48€139,937€190,902▲
Current portion of amounts payable after more than one year42€24,734€25,871▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€62,947€99,000▲
Suppliers440/4€62,947€99,000▲
Taxes, remuneration and social security45€52,256€66,031▲
Taxes450/3€13,342€21,980▲
Remuneration and social security454/9€38,914€44,051▲
Income statement Code20242025
Remuneration, social security and pensions62€158,691€161,782▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,287€20,837▲
Other operating charges640/8€7,045€3,237▼
Gross operating margin9900€215,785€231,676▲
Operating profit (loss)9901€29,762€45,820▲
Financial income75/76B€650€3,813▲
Recurring financial income75€650€3,813▲
Non-recurring financial income76B€0-
Financial charges65/66B€11,760€7,729▼
Recurring financial charges65€11,760€7,729▼
Profit (loss) for the period before taxes9903€18,652€41,903▲
Income taxes67/77€6,126€12,803▲
Profit (loss) for the period9904€12,526€29,101▲
Profit (loss) for the period to be appropriated9905€12,526€29,101▲
Appropriation of the result
Profit (loss) to be appropriated9906-€59,125-€30,024▲
Profit (loss) brought forward from the previous period14P-€71,651-€59,125▲
Social balance sheet
Average headcount (FTE)90873.0-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A--€0-€0---
Remuneration, social security and pensions62--€185,445€200,965€141,808€158,691€161,782▲ 1.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,601€37,765€24,271€21,309€20,772€20,287€20,837▲ 2.7%
Other operating charges640/8--€8,942€4,419€1,440€7,045€3,237▼ 54.1%
Non-recurring operating charges66A--€0-----
Gross operating margin9900€154,499€217,457€178,112€192,606€225,787€215,785€231,676▲ 7.4%
Operating profit (loss)9901-€85,799€11,595-€40,546-€34,087€61,768€29,762€45,820▲ 54.0%
Financial income75/76B--€796€992€39,197€650€3,813▲ 487%
Recurring financial income75€440€348€796€992€118€650€3,813▲ 487%
Non-recurring financial income76B--€0-€39,079€0--
Financial charges65/66B--€8,237€9,357€8,882€11,760€7,729▼ 34.3%
Recurring financial charges65€15,089€13,367€8,237€9,357€8,882€11,760€7,729▼ 34.3%
Profit (loss) for the period before taxes9903-€99,717€261,188-€47,987-€42,453€92,083€18,652€41,903▲ 125%
Income taxes67/77€130€71€0-€6,005€6,126€12,803▲ 109%
Profit (loss) for the period9904-€99,846€261,117-€47,987-€42,453€86,078€12,526€29,101▲ 132%
Profit (loss) for the period to be appropriated9905-€99,846€261,117-€47,987-€42,453€86,078€12,526€29,101▲ 132%
Line2019202020212022202320242025Change
Assets
Total assets20/58€515,753€742,189€483,390€416,022€438,290€370,818€417,064▲ 12.5%
Fixed assets21/28€395,481€285,941€264,176€242,867€222,095€205,184€190,100▼ 7.4%
Tangible fixed assets22/27€319,981€285,441€264,176€242,867€222,095€205,184€190,100▼ 7.4%
Land and buildings22--€250,942€233,017€215,093€197,169€179,244▼ 9.1%
Plant, machinery and equipment23--€9,968€7,716€6,002€7,833€9,860▲ 25.9%
Furniture and vehicles24--€3,267€2,133€1,000€183€995▲ 445%
Financial fixed assets28€75,500€500€0-----
Current assets29/58€120,273€456,248€219,214€173,155€216,195€165,633€226,964▲ 37.0%
Stocks and contracts in progress3€85,976€115,679€107,830€82,417€64,537€83,345€125,634▲ 50.7%
Stocks30/36--€107,830€82,417€64,537€83,345€125,634▲ 50.7%
Amounts receivable within one year40/41€30,781€325,350€31,980€28,001€32,233€42,001€45,049▲ 7.3%
Trade receivables40--€24,095€27,941€24,691€41,941€43,993▲ 4.9%
Other amounts receivable41--€7,885€60€7,542€60€1,056▲ 1,659%
Cash at bank and in hand54/58€1,020€14,647€79,404€62,737€110,180€33,975€56,087▲ 65.1%
Deferred charges and accrued income490/1--€0-€9,246€6,313€194▼ 96.9%
Equity and liabilities
Total equity and liabilities10/49€515,753€742,189€483,390€416,022€438,290€370,818€417,064▲ 12.5%
Equity10/15-€131,555€129,562€81,575€39,122€125,199€137,725€166,826▲ 21.1%
Contributions10/11€196,850-€196,850€196,850€196,850€196,850€196,850=
Profit (loss) carried forward14-€328,405-€67,288-€115,275-€157,728-€71,651-€59,125-€30,024▲ 49.2%
Amounts payable17/49€647,309€612,627€401,815€376,900€313,091€233,093€250,239▲ 7.4%
Amounts payable after more than one year17€216,715€198,906€170,596€144,324€117,890€93,155€59,337▼ 36.3%
Financial debts170/4--€170,596€144,324€117,890€93,155€59,337▼ 36.3%
Amounts payable within one year42/48€427,221€409,518€228,476€232,577€195,201€139,937€190,902▲ 36.4%
Current portion of amounts payable after more than one year42--€28,305€26,284€26,494€24,734€25,871▲ 4.6%
Financial debts43--€100,000€100,000€75,000€0--
Credit institutions430/8--€100,000€100,000€75,000€0--
Trade debts44€117,251€85,930€52,763€58,754€58,551€62,947€99,000▲ 57.3%
Suppliers440/4--€52,763€58,754€58,551€62,947€99,000▲ 57.3%
Advances received on contracts in progress46--€1,722€1,631€0---
Taxes, remuneration and social security45--€45,686€45,908€35,157€52,256€66,031▲ 26.4%
Taxes450/3--€6,958€5,220€14,520€13,342€21,980▲ 64.7%
Remuneration and social security454/9--€38,728€40,688€20,637€38,914€44,051▲ 13.2%
Accrued charges and deferred income492/3--€2,743€0----
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€99,846€261,117-€47,987-€42,453€86,078€12,526€29,101▲ 132%
+ Depreciation and write-downs630€40,601€37,765€24,271€21,309€20,772€20,287€20,837▲ 2.7%
Operating cash flow (approximation)-€59,245€298,882-€23,716-€21,144€106,849€32,813€49,938▲ 52.2%
Investment in fixed assets (approximation)-€71,775-€2,506€0€0-€3,376-€5,753▼ 70.4%
Change in cash-€13,627€64,757-€16,667€47,443-€76,205€22,112-

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

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 25-02-2026 2026-00043247
30-09-2024 abbreviated format 29-04-2025 2025-00078834
30-09-2023 abbreviated format 30-04-2024 2024-00075893
30-09-2022 abbreviated format 02-05-2023 2023-00083020
30-09-2021 abbreviated format 16-05-2022 2022-20030929
30-09-2020 abbreviated format 29-04-2021 2021-13200194
30-09-2019 abbreviated format 30-04-2020 2020-10400424
30-09-2018 abbreviated format 29-04-2019 2019-11400313
30-09-2017 abbreviated format 11-04-2018 2018-09900512
30-09-2016 abbreviated format 16-05-2017 2017-12300297

Show all 20 filings

Similar companies · same sector, comparable size

Of the 3,169 active companies whose main activity is retail sale of information and communication equipment (NACE 47400), figures are known for 1,790. 1,369 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €500 awarded · €500 paid
Schemes
1 entry · €500 · €500 paid · Departement Werk en Sociale Economie

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