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Generated 26-07-2026
Active BE 0476.562.780Private limited company

CQ-LIN

Korte Zoutstraat 28 ·9300 Aalst, Belgium· 24 yrs active
Sector: Computer programming & consultancy (62900)
Conclusion Checked

The computed 12-month bankruptcy probability of CQ-LIN is 0.2% (very low). The 2025 annual accounts show equity of €134k and a net result of €-15k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 91% of 2736 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.
Key figures
Equity €134k
Net result €-15k
Better than sector 91%
Active 24 yrs
Snowflake analysis 5 axes · computed by Checked
Health65Profitability0Solvency100Growth52Stability100
63 / 100

Strong profile, led by solvency.

Health 65
Profitability 0
Solvency 100
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
65 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 04-06-2026 with the NBB · fiscal year 2025 · micro
€-20k€-10k€0€10k€20kOperating result 2021: €23k€23kNet result 2021: €16k€16kOperating result 2022: €13k€13kNet result 2022: €7k€7kOperating result 2023: €-3k€-3kNet result 2023: €-7k€-7kOperating result 2024: €-4k€-4kNet result 2024: €-5k€-5kOperating result 2025: €-14k€-14kNet result 2025: €-15k€-15k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~3.3%/year over 8 fiscal years, indicative, assuming unchanged policy.
€100k€125k€150k€175k€200k2026: €164k (€151k - €177k)2027: €169k (€149k - €189k)2028: €174k (€146k - €201k)2018: €117k2019: €128k2020: €138k2021: €155k2022: €161k2023: €154k2024: €149k2025: €134k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 90.6% 62.2%
better than 91% of 2736 sector peers
Net result €-15k €40k
better than 5% of 2738 sector peers
Equity €134k €62k
better than 78% of 2737 sector peers
Gross operating margin €4k €63k
better than 9% of 2738 sector peers
Total assets €148k €121k
better than 60% of 2738 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€2k
-87.9% -99% vs sector
Net profit
€-15k
-197.5% far below sector median
Cash flow
€690
-94.2% -99% vs sector
Total assets
€148k
-30.4% -75% vs sector
Equity
€134k
-10.0% -73% vs sector
Working capital
€110k
-6.1% -7% vs sector
Income taxes
€349
+100.0% -99% vs sector
Debt
€14k
-78.0% -95% vs sector
Debt ≤ 1y
€12k
-77.7% -95% vs sector
Debt > 1y
€2k
-79.6% -98% vs sector
Current ratio
10.19
+220.5% far above sector median
Quick ratio
9.97
+220.3% far above sector median
Solvency
90.6%
+29.2% +116% vs sector
Debt / equity
0.10
-75.6% -92% vs sector
ROE
-11.1%
-230.6% far below sector median
ROA
-10.1%
-327.3% far below sector median
Interest coverage
2.05
-83.1% -94% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€2k
Net profit€-15k
Cash flow€690
Staff costs-
Income taxes€349
Dividends-
Total assets€148k
Equity€134k
Debt€14k
of which ≤ 1y€12k
of which > 1y€2k
Working capital€110k
Employees (FTE)-
Ratios (computed)
2025
Current ratio10.19
Quick ratio9.97
Working capital ratio74.3%
Solvency90.6%
Debt / equity0.10
Long-term debt ratio0.01
Interest coverage2.05
Gross margin-
Net margin-
ROA-10.1%
ROE-11.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€148k
Fixed assets 21/28€26k
Tangible fixed assets 22/27€26k
Current assets 29/58€122k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€50k
Cash & bank 54/58€69k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€148k
Equity 10/15€134k
Contributions / capital 10/11€25k
Reserves 13€94k
Accumulated profits (losses) 14€15k
Amounts payable 17/49€14k
Amounts payable after one year 17€2k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€127
Income statement
Gross operating margin 9900€4k
Operating result 9901€-14k
Financial income 75€222
Financial charges 65€779
Result before taxes 9903€-15k
Income taxes 67/77€349
Net result for the period 9904€-15k
Result to be appropriated 9905€-15k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Computer programming & consultancy(62900)
Legal form Private limited company(610)
Incorporation07-01-2002
StatusActive
Postal code9300
Establishment units 1 location
Korte Zoutstraat 27, 9300 Aalst
Computeradviesbureaus
since 20022.100.537.968
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002A1843/00_000 Flanders 159 m² 1 · 159 m² 12.1 m · 3 fl.
41002A1124/00B000 Flanders 62 m² 1 · 58 m² 13.8 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
04-06-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
22-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
28-12-2023
State Gazette act Director changes
Quentin VANHALEWYN
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
30-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
29-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
25-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
27-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
28-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
23-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2023
28-12-2023 Discharge granted to the board Director changes·Quentin VANHALEWYN
Notary: Quentin VANHALEWYN · Kraainem
Technical details 
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      "reason": null,
      "subkind": null,
      "via_org": null,
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      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
      "decharge_status": "pending_next_agm",
      "mandate_duration": null,
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      "decharge_status": "pending_next_agm",
      "mandate_duration": null,
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  "notary": {
    "name": "Quentin VANHALEWYN",
    "firm_city": null,
    "firm_name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-12-28",
    "filing_date": "2023-12-24",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-12-21",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0476.562.780",
    "name_full": "CQ-LIN",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "afschrift van de akte",
    "de geco\u00F6rdineerde statuten"
  ],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Overige diensten op het gebied van informatietechnologie en computer62090Overige diensten op het gebied van informatietechnologie en computer62900Overige activiteiten in verband met computers72600
Primary activity highlighted.
Names & trade names
Legal nameNL CQ-LIN
Registered office
Korte Zoutstraat 28 bus 1
9300 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative