QUAD EXPERIENCE
ActiveThe annual accounts of QUAD EXPERIENCE for fiscal year 2024 show a net loss of 87% of the equity at the start of that year. The 2024 annual accounts show equity of €2k and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 2024 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-4
Solvency26▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.04 against 0.1 in 2023; short-term debt: 57.3% and cash: 1.9% of total assets), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.5%
Return on assets
-10.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-12k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2024 sector peers (2024).
NBB · sector comparisonPosition among 2024 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
16 d early
2022
32 d early
2021
29 d late
2020
30 d late
2019
3 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k▼ 87.2%
2023 · €14k
2018: €-6k
2019: €-756
2020: €7k
2021: €16k
2022: €23k
2023: €14k
2018 → 2024
Total assets
€118k▼ 4.7%
2023 · €124k
2018: €139k
2019: €136k
2020: €134k
2021: €134k
2022: €133k
2023: €124k
2018 → 2024
Net result
€-12k▼ 32.1%
2023 · €-9k
2018: €-3k
2019: €5k
2020: €8k
2021: €9k
2022: €7k
2023: €-9k
2018 → 2024
Working capital
€-65k▼ 46.0%
2023 · €-45k
2018: €-24k
2019: €-32k
2020: €-30k
2021: €-28k
2022: €-28k
2023: €-45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€16k▲ 123%€23k▲ 47.5%€14k▼ 39.8%€2k▼ 87.2%
Operating result€12k-€13k▲ 13.3%€13k▼ 1.2%€-7k€-9k▼ 29.8%
Net result€8k-€9k▲ 11.0%€7k▼ 13.9%€-9k€-12k▼ 32.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €7k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118k
Fixed assets
€116k▼ 2.8%
Current assets
€2k▼ 50.9%
Equity and liabilities €118k
Equity
€2k▼ 87.2%
Debt
€116k▲ 5.6%
The debt ratio rises from 88.8% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2023 · €-4k
Cash flow
€-9k▼
2023 · €-6k
Solvency
1.5%▼
2023 · 11.2%
Current ratio
0.04▼
2023 · 0.10
Quick ratio
0.04▼
2023 · 0.10
Debt / equity
65.70▲
2023 · 7.96
ROE
-681.6%▼
2023 · -66.0%
ROA
-10.2%▼
2023 · -7.4%
Interest coverage
-1.78▼
2023 · -1.54
Debt
€116k▲
2023 · €110k
Debt ≤ 1 year
€68k▲
2023 · €50k
Debt > 1 year
€48k▼
2023 · €59k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€124k€118k▼
Fixed assets21/28€119k€116k▼
Tangible fixed assets22/27€119k€116k▼
Land and buildings22€119k€116k▼
Current assets29/58€5k€2k▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€191€202▲
Equity and liabilities
Total equity and liabilities10/49€124k€118k▼
Equity10/15€14k€2k▼
Contributions10/11€12k€12k=
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-9k€-21k▼
Amounts payable17/49€110k€116k▲
Amounts payable after more than one year17€59k€48k▼
Financial debts170/4€58k€46k▼
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€50k€68k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44-€212
Suppliers440/4-€212
Advances received on contracts in progress46€331€0▼
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€4k€4k=
Other amounts payable47/48€34k€52k▲
Accrued charges and deferred income492/3€882€735▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-2k€-2k▼
Operating profit (loss)9901€-7k€-9k▼
Financial income75/76B€92€49▼
Recurring financial income75€92€49▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-9k€-12k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-9k€-12k▼
Profit (loss) for the period to be appropriated9905€-9k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-21k▼
Profit (loss) brought forward from the previous period14P-€-9k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲11%
Operating result €13k, net result €9k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Durbuy · 1 establishment unit since 2011
Ground area
446 m²
Building footprint
61 m²
Parcel 83008B0460/00B002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Quad Experience
since 20112.205.453.861
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83008B0460/00B002 | Wallonia | 446 m² | 1 · 61 m² | - |
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 977 companies in sector 77210 we hold annual accounts for 217. 44 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-2011
Fiscal year end31-12
Activities, NACEBEL
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.