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QPINCH

Active
Private limited companyfounded 2016active for 10 yearsHamburgstraat 3, 2030 Antwerpen, BelgiumKBO/BCE: BE 0645.694.950
Summary

The computed 12-month bankruptcy probability of QPINCH is 6.5% (elevated). The 2025 annual accounts show negative equity (-€203,638) and a net result of -€1.5m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 2,772 sector peers (NACE 41, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
QPINCHActiveChecked score 32/100
Risk analysis ReportCompare

Overview

Activity
General construction of other non-residential buildings
NACE 41003Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
Size
€1.6mtotal assets 2025
Staff
9.5 FTE
Equity
-€203,638
Loss
-€1.5m
Turnover not published (abbreviated or micro format)
Financial health
32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.5%
Structure
Parent
Caloritum · 100%
Auditor: Callens, Vandelanotte & Theunissen2025 accounts 36 days early3 of 8 deeds summarised
Why 32raises riskLoss of €1.5m, the second in a row (financial year 2025)Negative equity -€203,638Sector: Construction of residential and non-residential buildings (NACE 41)Size: 9.5 FTE, total assets €1.6mShow the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 8% of its sector peers (NACE 41, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 13-44
equity -12.5% of total assets
Liquidity 15-16
short-term debt 86.7% · cash 10.5%
Profitability 0=
return on assets -90.7%
Bankruptcy probability, 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 3.6% 12-2024: 3.6%● unchanged vs 11-2024 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.7%▲ +0.1 percentage points vs 01-2025 03-2025: 3.7%● unchanged vs 02-2025 04-2025: 3.9%▲ +0.2 percentage points vs 03-2025 05-2025: 3.9%● unchanged vs 04-2025 06-2025: 4.2%▲ +0.3 percentage points vs 05-2025 07-2025: 1.0%▼ -3.2 percentage points vs 06-2025lowest value 08-2025: 1.0%● unchanged vs 07-2025lowest value 09-2025: 1.0%● unchanged vs 08-2025lowest value 10-2025: 1.0%● unchanged vs 09-2025lowest value 11-2025: 1.0%● unchanged vs 10-2025lowest value 12-2025: 1.0%● unchanged vs 11-2025lowest value 01-2026: 1.0%● unchanged vs 12-2025lowest value 02-2026: 1.0%● unchanged vs 01-2026lowest value 03-2026: 1.0%● unchanged vs 02-2026lowest value 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 6.4%▲ +5.1 percentage points vs 06-2026 08-2026: 6.4%● unchanged vs 07-2026 09-2026: 6.4%● unchanged vs 08-2026 10-2026: 6.5%▲ +0.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.15, compared with 1.54 in 2024, below the usual 1.5; short-term debt: 86.7% and cash: 10.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 8% on solvency, 13% on liquidity, 5% on profitability and 4% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Loss of €1.5m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€203,638
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: 9.5 FTE, total assets €1.6m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€203,638
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 25-06-2026, 36 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
36 days early
2024
58 days early
2023
56 days early
2022
28 days late
2021
4 days early
2020
17 days late
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Appointment: Callens,Vandelanotte & Theunissen BV (statutory…Permanent representative: Guy Meerbergen

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€203,638 View
  • Risk: 7 loss-making years in a rowloss financial year 2025 -€1.5m View
  • Caution: Result fell in 2025from -€805,066 to -€1.5m ▼ 84.1% View
  • Caution: Among the weakest 5% on net resultsector median €19,444 · 2,766 companies -€1.5m View
  • Controlled by Caloritumultimately: DUPO 100% View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Loss
-€1.5m
Solvency
-12.5%
Total assets▼ 59.7%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €1m
  2. 05-06-2024Annual accounts filed
  3. 08-05-2024Capital & shares · Amendment of the…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of other non-residential buildingsNACE 41003
Founded
07-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about QPINCH

What is the company number of QPINCH?
0645.694.950. In Belgium the VAT number is the company number with BE in front: BE 0645.694.950.
Where is QPINCH based?
The registered office is at Hamburgstraat 3, 2030 Antwerpen.Company details
What does QPINCH do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of QPINCH?
Private limited company (BV).
When was QPINCH founded?
On 07-01-2016.
Is QPINCH still active?
Yes, QPINCH is an active enterprise in the KBO register.
How many employees does QPINCH have?
On average 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of QPINCH?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is QPINCH profitable?
In financial year 2025, QPINCH made a loss of €1.5m.
Where can I find the annual accounts of QPINCH?
QPINCH filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QPINCH due?
By 31-07-2027, for financial year 2026.Timeline

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