QUALIECO
ActiveSummary
QUALIECO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-121k) and a net result of €-58k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8=
Solvency8▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.41 against 1.05 in 2024; short-term debt: 70.3% and cash: 0.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-17.2%
Return on assets
-8.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-121k
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
on the day
2023
12 d early
2022
10 d early
2021
9 d early
2020
1 d early
2019
22 d early
← 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, micro schema
Equity
€-121k▼ 92.3%
2024 · €-63k
2018: €-26k
2019: €-51k
2020: €-13k
2021: €12k
2022: €3k
2023: €-17k
2024: €-63k
2018 → 2025
Total assets
€705k▲ 37.6%
2024 · €512k
2018: €315k
2019: €451k
2020: €435k
2021: €430k
2022: €19k
2023: €157k
2024: €512k
2018 → 2025
Net result
€-58k▼ 26.2%
2024 · €-46k
2018: €-21k
2019: €-25k
2020: €38k
2021: €25k
2022: €-9k
2023: €-20k
2024: €-46k
2018 → 2025
Working capital
€205k▲ 689%
2024 · €26k
2018: €-33k
2019: €-70k
2020: €-29k
2021: €2k
2022: €-12k
2023: €-38k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€3k▼ 74.1%€-17k€-63k▼ 273%€-121k▼ 92.3%
Operating result€40k-€-9k€-16k▼ 84.4%€-36k▼ 117%€-32k▲ 10.2%
Net result€25k-€-9k€-20k▼ 119%€-46k▼ 129%€-58k▼ 26.2%
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 €32k in 2025 against €36k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €705k
Fixed assets
€4k ▼ 66.0%
Current assets
€701k ▲ 39.9%
Key figures and ratios
EBITDA
€-25k▲
2024 · €-26k
Cash flow
€-51k▼
2024 · €-36k
Solvency
-17.2%▼
2024 · -12.3%
Current ratio
1.41▲
2024 · 1.05
Quick ratio
0.05▼
2024 · 0.17
Debt to equity
-6.83▲
2024 · -9.15
ROA
-8.2%▲
2024 · -9.0%
Interest coverage
-0.95▲
2024 · -2.47
Debt
€826k▲
2024 · €575k
Debt ≤ 1 year
€496k▲
2024 · €475k
Debt > 1 year
€330k▲
2024 · €100k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€512k€705k▲
Fixed assets21/28€11k€4k▼
Tangible fixed assets22/27€11k€4k▼
Plant, machinery and equipment23€3k€913▼
Furniture and vehicles24€8k€3k▼
Current assets29/58€501k€701k▲
Stocks and contracts in progress3€421k€674k▲
Stocks30/36€421k€674k▲
Amounts receivable within one year40/41€17k€20k▲
Trade receivables40€9k€276▼
Other amounts receivable41€8k€20k▲
Cash at bank and in hand54/58€62k€6k▼
Deferred charges and accrued income490/1€319€270▼
Equity and liabilities
Total equity and liabilities10/49€512k€705k▲
Equity10/15€-63k€-121k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-81k€-140k▼
Amounts payable17/49€575k€826k▲
Amounts payable after more than one year17€100k€330k▲
Financial debts170/4€100k€330k▲
Amounts payable within one year42/48€475k€496k▲
Trade debts44€11k€10k▼
Suppliers440/4€11k€10k▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€461k€482k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€869€506▼
Gross operating margin9900€-25k€-24k▲
Operating profit (loss)9901€-36k€-32k▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€10k€26k▲
Recurring financial charges65€10k€26k▲
Profit (loss) for the period before taxes9903€-46k€-58k▼
Profit (loss) for the period9904€-46k€-58k▼
Profit (loss) for the period to be appropriated9905€-46k€-58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-81k€-140k▼
Profit (loss) brought forward from the previous period14P€-35k€-81k▼
The notes to these accounts (5 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
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after 2 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 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, Habay · 1 establishment unit since 2016
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.
Rue du Chénel,Marbehan 96724 HabayGround area
1,609 m²
Building footprint
171 m²
Volume, LiDAR
1,354 m³
Parcel 85031D0420/00G000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
QUALIECO
since 20162.249.773.656
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85031D0420/00G000 | Wallonia | 1,609 m² | 1 · 171 m² | 10.4 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.
Similar companies · same sector, comparable size
BUNKY
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BE 0778.730.945
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VVM TIELT
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NYV
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Vilvoorde · Eq €3,177
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 1,709 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
Founded28-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:philippe.debaiffe@skynet.be
Phone:0486/454.653