Bavo Quintelier
ActiveSummary
Bavo Quintelier has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €47k. Equity is growing by ~55.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 20.06 against 5.48 in 2024; short-term debt: 4.8% and cash: 89.5% of total assets), and 4.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
95.2%
Return on assets
31.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
44 d early
2023
22 d early
2022
20 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€144k▲ 48.7%
2024 · €97k
2022: €15klowest in 4 years
2023: €57k▲ +280% vs 2022
2024: €97k▲ +68.1% vs 2023
2025: €144k▲ +48.7% vs 2024highest in 4 years
2022 → 2025
Total assets
€151k▲ 28.6%
2024 · €117k
2022: €30klowest in 4 years
2023: €77k▲ +160% vs 2022
2024: €117k▲ +52.1% vs 2023
2025: €151k▲ +28.6% vs 2024highest in 4 years
2022 → 2025
Net result
€47k▲ 20.2%
2024 · €39k
2022: €11klowest in 4 years
2023: €42k▲ +281% vs 2022
2024: €39k▼ -7.7% vs 2023
2025: €47k▲ +20.2% vs 2024highest in 4 years
2022 → 2025
Working capital
€138k▲ 48.7%
2024 · €92k
2022: €15klowest in 4 years
2023: €56k▲ +270% vs 2022
2024: €92k▲ +65.5% vs 2023
2025: €138k▲ +48.7% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€57k▲ 280%€97k▲ 68.1%€144k▲ 48.7%
2022: €15klowest in 4 years
2023: €57k▲ +280% vs 2022
2024: €97k▲ +68.1% vs 2023
2025: €144k▲ +48.7% vs 2024highest in 4 years
Operating result€14k-€53k▲ 281%€49k▼ 7.4%€59k▲ 20.3%
2022: €14klowest in 4 years
2023: €53k▲ +281% vs 2022
2024: €49k▼ -7.4% vs 2023
2025: €59k▲ +20.3% vs 2024highest in 4 years
Net result€11k-€42k▲ 281%€39k▼ 7.7%€47k▲ 20.2%
2022: €11klowest in 4 years
2023: €42k▲ +281% vs 2022
2024: €39k▼ -7.7% vs 2023
2025: €47k▲ +20.2% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€6k ▲ 47.6%
Current assets
€145k ▲ 28.0%
Equity and liabilities €151k
Equity
€144k ▲ 48.7%
Debt
€7k ▼ 65.1%
Debt's share of the balance-sheet total falls from 17.6% to 4.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2024 · €50k
Cash flow
€49k▲
2024 · €40k
Current ratio
20.06▲
2024 · 5.48
Debt to equity
0.05▼
2024 · 0.21
ROE
32.7%▼
2024 · 40.5%
ROA
31.2%▼
2024 · 33.4%
Interest coverage
443.01▼
2024 · 872.09
Debt ≤ 1 year
€7k▼
2024 · €21k
Income taxes
€12k▲
2024 · €10k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€117k€151k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Furniture and vehicles24€4k€6k▲
Current assets29/58€113k€145k▲
Amounts receivable within one year40/41€13k€10k▼
Trade receivables40€13k€10k▼
Cash at bank and in hand54/58€100k€135k▲
Deferred charges and accrued income490/1€230€0▼
Equity and liabilities
Total equity and liabilities10/49€117k€151k▲
Equity10/15€97k€144k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€93k€140k▲
Amounts payable17/49€21k€7k▼
Amounts payable within one year42/48€21k€7k▼
Trade debts44€2k€27▼
Suppliers440/4€2k€27▼
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3€17k€7k▼
Other amounts payable47/48€2k€76▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€997€2k▲
Other operating charges640/8€0€141▲
Gross operating margin9900€50k€62k▲
Operating profit (loss)9901€49k€59k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€58€139▲
Recurring financial charges65€58€139▲
Profit (loss) for the period before taxes9903€49k€59k▲
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€39k€47k▲
Profit (loss) for the period to be appropriated9905€39k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€140k▲
Profit (loss) brought forward from the previous period14P€53k€93k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1 | €997 | €2k | ▲ 130% |
| Other operating charges640/8 | - | €122 | €0 | €141 | - |
| Gross operating margin9900 | €14k | €53k | €50k | €62k | ▲ 22.8% |
| Operating profit (loss)9901 | €14k | €53k | €49k | €59k | ▲ 20.3% |
| Financial income75/76B | - | €1 | €0 | €0 | - |
| Recurring financial income75 | - | €1 | €0 | €0 | - |
| Financial charges65/66B | - | €0 | €58 | €139 | ▲ 141% |
| Recurring financial charges65 | - | €0 | €58 | €139 | ▲ 141% |
| Profit (loss) for the period before taxes9903 | €14k | €53k | €49k | €59k | ▲ 20.2% |
| Income taxes67/77 | €3k | €11k | €10k | €12k | ▲ 20.1% |
| Profit (loss) for the period9904 | €11k | €42k | €39k | €47k | ▲ 20.2% |
| Profit (loss) for the period to be appropriated9905 | €11k | €42k | €39k | €47k | ▲ 20.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €30k | €77k | €117k | €151k | ▲ 28.6% |
| Fixed assets21/28 | - | €2k | €4k | €6k | ▲ 47.6% |
| Tangible fixed assets22/27 | - | €2k | €4k | €6k | ▲ 47.6% |
| Furniture and vehicles24 | - | €2k | €4k | €6k | ▲ 47.6% |
| Current assets29/58 | €30k | €75k | €113k | €145k | ▲ 28.0% |
| Amounts receivable within one year40/41 | €10k | €13k | €13k | €10k | ▼ 22.7% |
| Trade receivables40 | €10k | €13k | €13k | €10k | ▼ 22.7% |
| Cash at bank and in hand54/58 | €20k | €62k | €100k | €135k | ▲ 34.6% |
| Deferred charges and accrued income490/1 | - | €230 | €230 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €30k | €77k | €117k | €151k | ▲ 28.6% |
| Equity10/15 | €15k | €57k | €97k | €144k | ▲ 48.7% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €11k | €53k | €93k | €140k | ▲ 50.8% |
| Amounts payable17/49 | €15k | €20k | €21k | €7k | ▼ 65.1% |
| Amounts payable within one year42/48 | €15k | €19k | €21k | €7k | ▼ 65.1% |
| Trade debts44 | €2k | €239 | €2k | €27 | ▼ 98.4% |
| Suppliers440/4 | €2k | €239 | €2k | €27 | ▼ 98.4% |
| Taxes, remuneration and social security45 | €13k | €17k | €17k | €7k | ▼ 58.5% |
| Taxes450/3 | €7k | €17k | €17k | €7k | ▼ 58.5% |
| Remuneration and social security454/9 | €5k | €0 | - | - | - |
| Other amounts payable47/48 | €199 | €2k | €2k | €76 | ▼ 95.8% |
| Accrued charges and deferred income492/3 | - | €230 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €42k | €39k | €47k | ▲ 20.2% |
| + Depreciation and write-downs630 | - | €1 | €997 | €2k | ▲ 130% |
| Operating cash flow (approximation) | €11k | €42k | €40k | €49k | ▲ 23.0% |
| Investment in fixed assets (approximation) | - | - | €-3k | €-4k | ▼ 29.3% |
| Change in cash | - | €43k | €38k | €35k | ▼ 8.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2022net €47k ▲20.2%
Operating result €59k, net result €47k, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 20.06
Current ratio from 5.48 to 20.06; short-term debt falls from €21k to €7k.
30-06
Financial
Equity above €100kEq €144k ▲48.7%
4 profitable years in a row build equity to €144k.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Zele · 1 establishment unit since 2022
Ground area
1,908 m²
Building footprint
132 m²
Volume, LiDAR
843 m³
Parcel 42028A1450/00E000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Bavo Quintelier
since 20222.330.224.664
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A1450/00E000 | Flanders | 1,908 m² | 1 · 132 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2022
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.