Quantum Cyber N.V. (QUCY) Balance Sheet
QUCY balance sheet, 2025
December 31, 2025 · U.S. dollars$5.3M assets = $4.7M liabilities + $641,600 equity
Both columns are drawn to the same scale: what QUCY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
QUCY financial health
Descriptive bands, not a rating. Fiscal 2025.
QUCY balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $10.0M2021 | $5.3M2025 | −14.7%/yr | |
| Total liabilities | $3.7M2021 | $4.7M2025 | +6.2%/yr | |
| Shareholders’ equity | $6.4M2021 | $641,6002025 | −43.6%/yr | |
| Cash & short-term investments | $8.7M2021 | $889,0912025 | −43.5%/yr | |
| Total debt | $2.6M2021 | $2.6M2025 | −0.0%/yr | |
| Net cash (debt) | $6.2M2021 | −$1.7M2025 | −$7.8M | |
| Working capital | $8.3M2021 | −$1.9M2025 | −$10.1M | |
| Current ratio | 7.112021 | 0.502025 | −6.61 | |
| Debt / equity | 0.412021 | 4.012025 | +3.60 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
QUCY assets
QUCY liabilities and equity
QUCY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
QUCY balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $889,091 | $6.2M | $7.1M | $17.1M | $8.7M |
| Cash & equivalents | $889,091 | $6.2M | $7.1M | $17.1M | $8.7M |
| Receivables | $110,894 | $213,745 | $354,510 | $259,138 | $111,842 |
| Inventory | $216,888 | $372,870 | $613,638 | $175,469 | $0 |
| Other current assets | $624,794 | $1.2M | $940,823 | $801,959 | $769,825 |
| Total current assets | $1.8M | $8.0M | $9.0M | $18.4M | $9.6M |
| Property, plant & equipment (net) | $2.4M | $2.5M | $3.0M | $1.8M | $431,586 |
| Goodwill & intangible assets | $1.1M | $3.0M | $3.4M | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $23,275 | $0 |
| Total assets | $5.3M | $13.5M | $15.4M | $20.2M | $10.0M |
| Liabilities | |||||
| Accounts payable | $411,142 | $1.3M | $2.3M | $1.3M | $832,518 |
| Short-term debt | $1.6M | $2.6M | $5.2M | $1.3M | $248,509 |
| Deferred revenue | — | — | $138,889 | $199,410 | — |
| Total current liabilities | $3.7M | $6.2M | $9.2M | $4.2M | $1.4M |
| Long-term debt | $0 | $0 | $1.0M | $943,214 | $1.9M |
| Lease obligations | $1.3M | $1.1M | $1.5M | $1.2M | $442,842 |
| Other long-term liabilities | $992,480 | $1.3M | $1.9M | $959,116 | $387,766 |
| Total liabilities | $4.7M | $7.5M | $12.2M | $6.1M | $3.7M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $107,820 | $23,054 | $235,818 | $164,896 | $141,075 |
| Retained earnings (deficit) | −$104.9M | −$88.7M | −$69.3M | −$43.0M | −$16.6M |
| Accumulated other comprehensive income | −$617,654 | −$548,631 | $20.8M | $18.1M | $9.7M |
| Total shareholders' equity | $641,600 | $6.0M | $3.2M | $14.1M | $6.4M |
| Key figures | |||||
| Total debt | $2.6M | $3.5M | $7.4M | $3.2M | $2.6M |
| Net cash (debt) | −$1.7M | $2.7M | −$349,855 | $13.9M | $6.2M |
| Working capital | −$1.9M | $1.8M | −$257,040 | $14.1M | $8.3M |
| Tangible book value | −$471,824 | $3.0M | −$145,419 | $14.1M | $6.4M |
| Current ratio | 0.50 | 1.30 | 0.97 | 4.33 | 7.11 |
| Quick ratio | 0.27 | 1.04 | 0.80 | 4.10 | 6.54 |
| Debt / equity | 4.01 | 0.58 | 2.28 | 0.23 | 0.41 |
| Equity / assets | 12.0% | 44.4% | 21.1% | 69.6% | 63.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $13.4M | $4.5M | $889,091 | $889,091 | $1.9M | $6.2M | $6.2M | $977,764 | $977,764 | $7.1M | $9.3M |
| Cash & equivalents | $13.4M | $4.5M | $889,091 | $889,091 | $1.9M | $6.2M | $6.2M | $977,764 | $977,764 | $7.1M | $9.3M |
| Receivables | $0 | $0 | $110,894 | $78,378 | $197,948 | $213,745 | $50,815 | $335,364 | $139,414 | $93,555 | $108,630 |
| Inventory | $0 | $0 | $216,888 | $216,888 | $503,053 | $372,870 | $372,870 | $520,531 | $520,530 | $613,638 | $493,588 |
| Other current assets | $3.3M | $2.2M | $624,794 | $657,310 | $474,541 | $1.2M | $1.4M | $556,044 | $751,995 | $1.2M | $1.1M |
| Total current assets | $16.7M | $6.6M | $1.8M | $1.8M | $3.1M | $8.0M | $8.0M | $2.4M | $2.4M | $9.0M | $11.0M |
| Property, plant & equipment (net) | $136,799 | $0 | $2.4M | $2.4M | $2.7M | $2.5M | $2.5M | $2.9M | $2.9M | $3.0M | $3.4M |
| Goodwill & intangible assets | $6.5M | $1.1M | $1.1M | $1.1M | $4.0M | $3.0M | $3.0M | $3.2M | $3.2M | $3.4M | $3.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $108 | $104 |
| Total assets | $23.4M | $7.7M | $5.3M | $5.3M | $9.8M | $13.5M | $13.5M | $8.5M | $8.5M | $15.4M | $17.9M |
| Liabilities | |||||||||||
| Accounts payable | $807,834 | $150,205 | $411,142 | $411,142 | $596,886 | $1.3M | $1.3M | $1.7M | $1.7M | $2.3M | $1.5M |
| Short-term debt | $168,670 | $126,791 | $1.6M | $1.6M | $2.0M | $2.6M | $2.6M | $6.2M | $6.2M | $5.2M | $7.8M |
| Deferred revenue | — | — | — | — | — | — | — | $116,679 | — | — | — |
| Total current liabilities | $3.0M | $3.1M | $3.7M | $3.7M | $6.0M | $6.2M | $6.2M | $10.0M | $10.0M | $9.2M | $11.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $981,062 | $0 | $0 | $0 |
| Lease obligations | — | — | $1.3M | — | $1.5M | $1.1M | — | $1.4M | — | — | — |
| Other long-term liabilities | $0 | $0 | $992,480 | $992,480 | $1.3M | $1.3M | $1.3M | $1.6M | $2.6M | $2.9M | $3.2M |
| Total liabilities | $3.0M | $3.1M | $4.7M | $4.7M | $7.3M | $7.5M | $7.5M | $12.6M | $12.6M | $12.2M | $14.5M |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $286,063 | $140,000 | $107,820 | $107,820 | $41,572 | $23,054 | $23,054 | $276,378 | $276,378 | $235,818 | $187,890 |
| Retained earnings (deficit) | −$121.0M | −$110.0M | −$104.9M | −$104.9M | −$99.3M | −$88.7M | −$88.7M | −$80.4M | −$80.4M | −$69.3M | −$64.1M |
| Accumulated other comprehensive income | — | −$652,750 | −$617,654 | −$617,654 | $24.7M | −$548,631 | −$548,631 | $21.8M | $21.8M | $20.8M | $20.9M |
| Total shareholders' equity | $20.4M | $4.6M | $641,600 | $641,600 | $2.5M | $6.0M | $6.0M | −$4.1M | −$4.1M | $3.2M | $3.4M |
| Key figures | |||||||||||
| Total debt | $168,670 | $126,791 | $2.6M | $2.6M | $3.1M | $3.5M | $3.5M | $8.3M | $8.3M | $7.4M | $10.2M |
| Net cash (debt) | $13.2M | $4.3M | −$1.7M | −$1.7M | −$1.2M | $2.7M | $2.7M | −$7.3M | −$7.3M | −$349,854 | −$835,072 |
| Working capital | $13.7M | $3.5M | −$1.9M | −$1.9M | −$2.9M | $1.8M | $1.8M | −$7.6M | −$7.6M | −$257,148 | −$285,187 |
| Tangible book value | $13.8M | $3.5M | −$471,824 | −$471,824 | −$1.5M | $3.0M | $3.0M | −$7.3M | −$7.3M | −$145,419 | −$86,721 |
| Book value per share | $1.14 | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 17.9M | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 5.56 | 2.11 | 0.50 | 0.50 | 0.52 | 1.30 | 1.30 | 0.24 | 0.24 | 0.97 | 0.97 |
| Quick ratio | 4.45 | 1.42 | 0.27 | 0.26 | 0.35 | 1.04 | 1.02 | 0.13 | 0.11 | 0.78 | 0.84 |
| Debt / equity | 0.01 | 0.03 | 4.01 | 4.01 | 1.23 | 0.58 | 0.58 | — | — | 2.28 | 2.94 |
| Equity / assets | 87.1% | 59.5% | 12.0% | 12.0% | 25.7% | 44.4% | 44.4% | −49.0% | −49.0% | 21.1% | 19.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
QUCY financial position
At the end of fiscal 2025 (December 31, 2025), Quantum Cyber had total assets of $5.3 million (down 60.5% from a year earlier), total liabilities of $4.7 million and shareholders' equity of $0.6 million. It held $0.9 million in cash and short-term investments against $2.6 million of debt, net debt of $1.7 million. Its current ratio was 0.50. In the latest quarter (ended June 30, 2026) total assets were $23.4 million and equity $20.4 million.
Related: QUCY income statement, QUCY cash flow statement, QUCY key metrics. See the QUCY stock overview for the latest quote and news.
QUCY balance sheet FAQ
What are Quantum Cyber's total assets?
Quantum Cyber reported total assets of $5.3 million at the end of fiscal 2025 (December 31, 2025), compared with $13.5 million a year earlier.
How much debt does Quantum Cyber have?
Quantum Cyber had $2.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 4.01.
How much cash does Quantum Cyber have?
Quantum Cyber held $0.9 million in cash and short-term investments at the end of fiscal 2025; with $2.6 million of debt that is net debt of $1.7 million.
What is Quantum Cyber's book value?
Quantum Cyber's shareholders' equity (book value) was $0.6 million at the end of fiscal 2025.
What is Quantum Cyber's current ratio?
Quantum Cyber had current assets of $1.8 million and current liabilities of $3.7 million, a current ratio of 0.50 (current liabilities exceed current assets).
How much goodwill does Quantum Cyber have?
Quantum Cyber carried $1.1 million of goodwill and intangible assets, 20.9% of total assets, at the end of fiscal 2025.