Q.E.D. CONSULTING
ActiveSummary
Q.E.D. CONSULTING has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €33k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 1638 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+6
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 3.52 against 4.28 in 2024; short-term debt: 25.3% and cash: 74.3% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.4%
Return on assets
9.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
64 d early
2023
30 d early
2022
151 d late
2021
29 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€243k▲ 3.4%
2024 · €235k
2018: €107k
2019: €136k
2020: €144k
2021: €262k
2022: €248k
2023: €249k
2024: €235k
2018 → 2025
Total assets
€336k▲ 9.3%
2024 · €307k
2018: €127k
2019: €163k
2020: €253k
2021: €441k
2022: €332k
2023: €295k
2024: €307k
2018 → 2025
Net result
€33k▲ 104%
2024 · €16k
2018: €10k
2019: €30k
2020: €58k
2021: €258k
2022: €13k
2023: €11k
2024: €16k
2018 → 2025
Working capital
€214k▲ 9.9%
2024 · €195k
2018: €107k
2019: €135k
2020: €139k
2021: €256k
2022: €200k
2023: €212k
2024: €195k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€262k-€248k▼ 5.2%€249k▲ 0.3%€235k▼ 5.5%€243k▲ 3.4%
Operating result€362k-€20k▼ 94.5%€17k▼ 12.8%€24k▲ 40.1%€47k▲ 94.9%
Net result€258k-€13k▼ 94.8%€11k▼ 19.9%€16k▲ 49.1%€33k▲ 104%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 95% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336k
Fixed assets
€36k ▼ 31.0%
Current assets
€299k ▲ 17.6%
Equity and liabilities €336k
Equity
€243k ▲ 3.4%
Debt
€93k ▲ 28.5%
Debt's share of the balance-sheet total rises from 23.5% to 27.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▲
2024 · €39k
Cash flow
€49k▲
2024 · €31k
Current ratio
3.52▼
2024 · 4.28
Debt to equity
0.38▲
2024 · 0.31
ROE
13.5%▲
2024 · 6.8%
ROA
9.7%▲
2024 · 5.2%
Interest coverage
113.53▲
2024 · 90.18
Debt ≤ 1 year
€85k▲
2024 · €59k
Debt > 1 year
€8k▼
2024 · €13k
Income taxes
€15k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€307k€336k▲
Fixed assets21/28€53k€36k▼
Tangible fixed assets22/27€53k€36k▼
Furniture and vehicles24€53k€36k▼
Current assets29/58€254k€299k▲
Amounts receivable within one year40/41€44k€45k▲
Trade receivables40€31k€27k▼
Other amounts receivable41€13k€18k▲
Cash at bank and in hand54/58€208k€250k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€307k€336k▲
Equity10/15€235k€243k▲
Contributions10/11€7k€7k=
Reserves13€226k€233k▲
Distributable reserves133€226k€233k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€72k€93k▲
Amounts payable after more than one year17€13k€8k▼
Financial debts170/4€13k€8k▼
Amounts payable within one year42/48€59k€85k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€18k€40k▲
Taxes450/3€18k€35k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€34k€39k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€578€529▼
Gross operating margin9900€39k€64k▲
Operating profit (loss)9901€24k€47k▲
Financial income75/76B€1k€867▼
Recurring financial income75€1k€867▼
Financial charges65/66B€429€560▲
Recurring financial charges65€429€560▲
Profit (loss) for the period before taxes9903€25k€47k▲
Income taxes67/77€9k€15k▲
Profit (loss) for the period9904€16k€33k▲
Profit (loss) for the period to be appropriated9905€16k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€35k▲
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer from equity791/2€30k€25k▼
Transfer to equity691/2€16k€33k▲
To other reserves6921€16k€33k▲
Profit to be distributed694/7€30k€25k▼
Return on contributions (dividend)694€30k€25k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 151 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €258k ▲345%
Operating result €362k, net result €258k, both a record.
31-12
Financial
Equity above €200kEq €262k ▲81.4%
4 profitable years in a row build equity to €262k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 92 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Overijse · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rozenlaan 73090 OverijseGround area
1,494 m²
Building footprint
165 m²
Volume, LiDAR
1,313 m³
Parcel 23062N0035/00C020, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Q.E.D. Consulting.
since 20092.176.890.331
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062N0035/00C020 | Flanders | 1,494 m² | 1 · 165 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,048 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62200Computer consultancy and computer facilities management
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.