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QUAX

Active
Public limited companyfounded 1990active for 36 yearsCasselrylaan 27, 9800 Deinze, BelgiumKBO/BCE: BE 0439.813.341
Summary

QUAX has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €1.1m. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 69% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
QUAXActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Retail trade
NACE 47554Wholesale trade NACE 46471
2 sites
Size
€8.0mtotal assets 2025
Staff
11.4 FTE
Equity
€4.4m
Profit
€1.1m
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
ROGA · 100%
Auditor: Groupe Audit Belgium2025 accounts filed 80 days late2 of 9 deeds summarised
Why 95raises riskLast filed accounts filed 80 days late; 3 of the last 3 latelowers riskFounded in 1990Size: 11.4 FTE, total assets €8.0mProfit of €1.1m (financial year 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 47, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 80+2
equity 54.6% of total assets
Liquidity 44+12
short-term debt 36.9% · cash 8.5%
Profitability 71+5
return on assets 13.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,692 companies, NACE 47, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.3%▼ -0.2 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €410,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.05, compared with 1.89 in 2024, above the usual 1.5; short-term debt: 36.9% and cash: 8.5% of total assets), and 45.4% of the assets are financed with debt and provisions.
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 47, small): better than 77% on solvency, 51% on liquidity, 58% on profitability and 72% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 11.4 FTE, total assets €8.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 80 days late; 3 of the last 3 late
NBB · filings
lowers risk · Profit of €1.1m (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 80 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-10-2026, 80 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
80 days late
2024
61 days late
2023
61 days late
2022
11 days early
2021
16 days early
2020
8 days early
2019
85 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 12 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 30 September (4 of the last 5 filed years within 72 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 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 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignation: Dominique Van Hoek (director)Director discharge

Key points

  • Positive: Among the best 6% on net resultsector median €40,191 · 5,007 companies €1.1m View
  • Caution: Latest accounts filed lateafter the legal deadline 80 days View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • Controlled by ROGA 100% View
  • Positive: Result rose in 2025from €796,637 to €1.1m ▲ 37.2% View

By topic

Financials

Financial year
2025
Total assets
€8.0m
Profit
€1.1m
Solvency
54.6%
Go to Financials

Timeline

Events
40
Since
1991
Next accounts
by 31-07-2027
  1. 30-09-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 24-11-2023Appointment: GROUPE AUDIT BELGIUM (statutory auditor)
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail tradeNACE 47554
Founded
08-02-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about QUAX

What is the company number of QUAX?
0439.813.341. In Belgium the VAT number is the company number with BE in front: BE 0439.813.341.
Where is QUAX based?
The registered office is at Casselrylaan 27, 9800 Deinze.Company details
What does QUAX do?
According to the KBO register, the main activity is retail trade (NACE 47554).
What is the legal form of QUAX?
Public limited company (NV).
When was QUAX founded?
On 08-02-1990.
Is QUAX still active?
Yes, QUAX is an active enterprise in the KBO register.
How many employees does QUAX have?
On average 11.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of QUAX?
€10.5m in financial year 2023, according to the filed annual accounts.
Is QUAX profitable?
In financial year 2025, QUAX made a profit of €1.1m.
Where can I find the annual accounts of QUAX?
QUAX filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QUAX due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to QUAX

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