QSOURCES
ActiveQSOURCES has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €597k and a net result of €204k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 81% of 126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+38
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 5.49 against 1.52 in 2024; short-term debt: 17.4% and cash: 63.3% of total assets), and 17.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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
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
82.6%
Return on assets
28.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
6 d early
2023
29 d late
2022
21 d early
2021
6 d early
2020
13 d late
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€597k▲ 51.8%
2024 · €393k
2019: €653k
2020: €771k
2021: €781k
2022: €629k
2023: €659k
2024: €393k
2019 → 2025
Total assets
€723k▼ 32.2%
2024 · €1.07M
2019: €1.01M
2020: €1.03M
2021: €1.01M
2022: €1.03M
2023: €902k
2024: €1.07M
2019 → 2025
Net result
€204k▼ 24.0%
2024 · €268k
2019: €423k
2020: €138k
2021: €107k
2022: €88k
2023: €130k
2024: €268k
2019 → 2025
Working capital
€564k▲ 59.7%
2024 · €353k
2019: €444k
2020: €711k
2021: €705k
2022: €547k
2023: €594k
2024: €353k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€781k-€629k▼ 19.4%€659k▲ 4.7%€393k▼ 40.3%€597k▲ 51.8%
Operating result€126k-€89k▼ 29.5%€211k▲ 138%€366k▲ 73.2%€238k▼ 34.8%
Net result€107k-€88k▼ 17.2%€130k▲ 47.0%€268k▲ 107%€204k▼ 24.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €723k
Fixed assets
€33k▼ 17.7%
Current assets
€690k▼ 32.8%
Equity and liabilities €723k
Equity
€597k▲ 51.8%
Debt
€126k▼ 81.3%
The debt ratio falls from 63.1% to 17.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€254k▼
2024 · €391k
Cash flow
€220k▼
2024 · €293k
Solvency
82.6%▲
2024 · 36.9%
Current ratio
5.49▲
2024 · 1.52
Quick ratio
4.52▲
2024 · 1.36
Debt / equity
0.21▼
2024 · 1.71
ROE
34.1%▼
2024 · 68.2%
ROA
28.2%▲
2024 · 25.2%
Interest coverage
20.47▲
2024 · 9.58
Debt
€126k▼
2024 · €673k
Debt ≤ 1 year
€126k▼
2024 · €673k
Income taxes
€27k▼
2024 · €60k
Staff costs
€431k▲
2024 · €408k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€723k▼
Fixed assets21/28€40k€33k▼
Intangible fixed assets21€9k€4k▼
Tangible fixed assets22/27€32k€30k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€926€4k▲
Other tangible fixed assets26€20k€17k▼
Current assets29/58€1.03M€690k▼
Stocks and contracts in progress3€109k€122k▲
Stocks30/36€109k€122k▲
Amounts receivable within one year40/41€38k€107k▲
Trade receivables40€15k€46k▲
Other amounts receivable41€23k€60k▲
Cash at bank and in hand54/58€877k€458k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€723k▼
Equity10/15€393k€597k▲
Contributions10/11€19k€19k=
Reserves13€375k€579k▲
Distributable reserves133€375k€579k▲
Amounts payable17/49€673k€126k▼
Amounts payable within one year42/48€673k€126k▼
Trade debts44€77k€49k▼
Suppliers440/4€77k€49k▼
Taxes, remuneration and social security45€60k€73k▲
Taxes450/3€17k€12k▼
Remuneration and social security454/9€43k€60k▲
Other amounts payable47/48€536k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€408k€431k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€16k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€801k€689k▼
Operating profit (loss)9901€366k€238k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Non-recurring financial income76B-€7
Financial charges65/66B€41k€12k▼
Recurring financial charges65€41k€12k▼
Profit (loss) for the period before taxes9903€329k€231k▼
Income taxes67/77€60k€27k▼
Profit (loss) for the period9904€268k€204k▼
Profit (loss) for the period to be appropriated9905€268k€204k▼
Appropriation of the result
Profit (loss) to be appropriated9906€268k€204k▼
Transfer from equity791/2€265k-
Transfer to equity691/2-€204k
To other reserves6921-€204k
Profit to be distributed694/7€534k-
Return on contributions (dividend)694€500k-
Employees696€34k-
Social balance
Average headcount (FTE)90875.96.1▲
The notes to these accounts (9 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
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Liquidity quadruplescurrent ratio 5.49
Current ratio from 1.52 to 5.49; short-term debt falls from €673k to €126k.
31-03
Financial
Equity above €500kEq €597k ▲51.8%
7 profitable years in a row build equity to €597k.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €88k ▼17.2%
Net result drops to €88k, the lowest in the series; recovery starts the following year.
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
13-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Diest · 2 establishment units since 2002
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.
Ketelwinning 383293 DiestGround area
3,834 m²
Building footprint
335 m²
Volume, LiDAR
2,118 m³
2 parcels, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Ketelwinning 38, 3293 Diest
since 20022.114.383.927
Qsources
since 20212.313.947.371
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24046C0012/00H004 | Flanders | 3,591 m² | 1 · 126 m² | 9.3 m · 2 fl. |
| 24073G0226/00V003 | Flanders | 243 m² | 1 · 209 m² | 14.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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STL INTERNATIONAL
BE 0882.004.370
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MICROMERITICS
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Of 213 companies in sector 26510 we hold annual accounts for 166. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2002
Fiscal year end31-03
Activities, NACEBEL
26510Manufacture of computer, electronic and optical products
33201
71209Other technical testing and analysis
74302
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:beheer@qsources.be