Qualitrol Belgium
ActiveQualitrol Belgium has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.84M and a net result of €-7k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 482 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▼-35
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days only on tighter terms
Liquidity ample (current ratio 7.67 against 4.79 in 2023; short-term debt: 13% and cash: 82.3% of total assets), and 13.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
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 · 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
86.8%
Return on assets
-0.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
137 d late
2023
345 d late
2022
31 d late
2021
12 d early
2020
1 d early
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.84M▼ 0.4%
2023 · €1.84M
2018: €1.12M
2019: €1.51M
2020: €1.66M
2021: €1.73M
2022: €1.77M
2023: €1.84M
2018 → 2024
Total assets
€2.12M▼ 8.7%
2023 · €2.32M
2018: €1.95M
2019: €2.17M
2020: €2.27M
2021: €2.61M
2022: €2.78M
2023: €2.32M
2018 → 2024
Net result
€-7k
2023 · €69k
2018: €176k
2019: €96k
2020: €140k
2021: €77k
2022: €42k
2023: €69k
2018 → 2024
Working capital
€1.84M▲ 2.3%
2023 · €1.79M
2018: €727k
2019: €1.15M
2020: €1.36M
2021: €1.53M
2022: €2.02M
2023: €1.79M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.66M-€1.73M▲ 4.7%€1.77M▲ 2.4%€1.84M▲ 3.9%€1.84M▼ 0.4%
Operating result€199k-€119k▼ 40.0%€106k▼ 10.8%€106k▲ 0.1%€-44k
Net result€140k-€77k▼ 45.1%€42k▼ 45.3%€69k▲ 63.1%€-7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €44k after €106k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.12M
Fixed assets
€4k▼ 92.2%
Current assets
€2.11M▼ 6.9%
Equity and liabilities €2.12M
Equity
€1.84M▼ 0.4%
Debt
€280k▼ 40.9%
The debt ratio falls from 20.4% to 13.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-25k▼
2023 · €131k
Cash flow
€12k▼
2023 · €93k
Solvency
86.8%▲
2023 · 79.6%
Current ratio
7.67▲
2023 · 4.79
Quick ratio
7.67▲
2023 · 4.79
Debt / equity
0.15▼
2023 · 0.26
ROE
-0.4%▼
2023 · 3.7%
ROA
-0.3%▼
2023 · 3.0%
Interest coverage
50.95▲
2023 · 42.07
Debt
€280k▼
2023 · €473k
Debt ≤ 1 year
€275k▼
2023 · €473k
Income taxes
€9k▼
2023 · €49k
Staff costs
€375k▼
2023 · €542k
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€2.32M€2.12M▼
Fixed assets21/28€48k€4k▼
Tangible fixed assets22/27€23k€3k▼
Plant, machinery and equipment23€16k€3k▼
Furniture and vehicles24€7k€0▼
Other tangible fixed assets26€0-
Financial fixed assets28€25k€510▼
Current assets29/58€2.27M€2.11M▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€457k€370k▼
Trade receivables40€391k€364k▼
Other amounts receivable41€66k€6k▼
Cash at bank and in hand54/58€1.81M€1.74M▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.12M▼
Equity10/15€1.84M€1.84M▼
Contributions10/11€397k€397k=
Capital10€397k€397k=
Issued capital100€397k€397k=
Revaluation surpluses12€563€563=
Reserves13€45k€45k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€1.40M€1.39M▼
Amounts payable17/49€473k€280k▼
Amounts payable within one year42/48€473k€275k▼
Financial debts43-€626
Credit institutions430/8-€626
Trade debts44€287k€83k▼
Suppliers440/4€287k€83k▼
Taxes, remuneration and social security45€186k€191k▲
Taxes450/3€110k€164k▲
Remuneration and social security454/9€76k€27k▼
Accrued charges and deferred income492/3€0€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€542k€375k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€20k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€0▲
Other operating charges640/8€128k€141k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€796k€491k▼
Operating profit (loss)9901€106k€-44k▼
Financial income75/76B€15k€45k▲
Recurring financial income75€15k€45k▲
Financial charges65/66B€3k€-482▼
Recurring financial charges65€3k€-482▼
Profit (loss) for the period before taxes9903€118k€1k▼
Income taxes67/77€49k€9k▼
Profit (loss) for the period9904€69k€-7k▼
Profit (loss) for the period to be appropriated9905€69k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.40M€1.39M▼
Profit (loss) brought forward from the previous period14P€1.33M€1.40M▲
Social balance
Average headcount (FTE)90870.02.0▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 137 days late
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 345 days late
2024
31-12
Financial
Weakest financial yearnet €-7k ▼111%
Net result drops to €-7k, the lowest in the series.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Gembloux · 1 establishment unit since 1995
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.
Chaussée de Tirlemont 905030 GemblouxGround area
1,339 m²
Building footprint
416 m²
Parcel 92253D0314/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Qualitrol Belgium
since 19952.072.886.634
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0314/00G000 | Wallonia | 1,339 m² | 1 · 416 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 1,225 companies in sector 33200 we hold annual accounts for 676. 279 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-08-1995
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
46646Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.