CQE Management
ActiveCQE Management has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 3644 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+72
Solvency39▲+39
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.66 in 2024; short-term debt: 86.2% of total assets), and 86.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
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
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
13.8%
Return on assets
37.8%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
on the day
2023
1 d late
2022
9 d late
2021
17 d late
2020
26 d late
2019
80 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€13k
2024 · €-22k
2018: €55k
2019: €51k
2020: €46k
2021: €6k
2022: €-11k
2023: €-20k
2024: €-22k
2018 → 2025
Total assets
€92k▲ 49.4%
2024 · €62k
2018: €74k
2019: €80k
2020: €73k
2021: €66k
2022: €63k
2023: €76k
2024: €62k
2018 → 2025
Net result
€35k
2024 · €-2k
2018: €-2k
2019: €6k
2020: €9k
2021: €-40k
2022: €-17k
2023: €-9k
2024: €-2k
2018 → 2025
Working capital
€6k
2024 · €-28k
2018: €43k
2019: €43k
2020: €36k
2021: €-11k
2022: €-24k
2023: €8k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€-11k€-20k▼ 86.2%€-22k▼ 8.8%€13k
Operating result€-37k-€-11k▲ 69.9%€-7k▲ 39.5%€2k€38k▲ 1,430%
Net result€-40k-€-17k▲ 57.9%€-9k▲ 44.6%€-2k▲ 81.0%€35k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1,430% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€7k▲ 8.5%
Current assets
€85k▲ 53.9%
Equity and liabilities €92k
Equity
€13k
Debt
€79k
Debt finances 86.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€43k▲
2024 · €8k
Cash flow
€40k▲
2024 · €4k
Solvency
13.8%▲
2024 · -35.9%
Current ratio
1.08▲
2024 · 0.66
Quick ratio
1.08▲
2024 · 0.66
Debt / equity
6.24▲
2024 · -3.79
ROE
273.8%
ROA
37.8%▲
2024 · -2.9%
Interest coverage
13.71▲
2024 · 1.57
Debt
€79k▼
2024 · €84k
Debt ≤ 1 year
€79k▼
2024 · €84k
Staff costs
€77k▼
2024 · €79k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€62k€92k▲
Fixed assets21/28€6k€7k▲
Tangible fixed assets22/27€6k€7k▲
Land and buildings22€2k€0▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€947€3k▲
Current assets29/58€55k€85k▲
Amounts receivable after more than one year29€32k€31k▼
Other amounts receivable291€32k€31k▼
Amounts receivable within one year40/41€24k€55k▲
Trade receivables40€16k€32k▲
Other amounts receivable41€8k€23k▲
Equity and liabilities
Total equity and liabilities10/49€62k€92k▲
Equity10/15€-22k€13k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€477€477=
Profit (loss) carried forward14€-45k€-10k▲
Amounts payable17/49€84k€79k▼
Amounts payable within one year42/48€84k€79k▼
Current portion of amounts payable after more than one year42€15k€26k▲
Financial debts43€17k-
Other loans439€17k-
Trade debts44€23k€3k▼
Suppliers440/4€23k€3k▼
Taxes, remuneration and social security45€29k€45k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9€26k€43k▲
Other amounts payable47/48-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€79k€77k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€89k€122k▲
Operating profit (loss)9901€2k€38k▲
Financial income75/76B€709-
Recurring financial income75€709-
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-2k€35k▲
Profit (loss) for the period9904€-2k€35k▲
Profit (loss) for the period to be appropriated9905€-2k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-10k▲
Profit (loss) brought forward from the previous period14P€-43k€-45k▼
The notes to these accounts (6 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €35k
Net result €35k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Weakest financial yearnet €-40k ▼561%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Geel · 1 establishment unit since 2005
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.
Hazenstraat 212440 GeelGround area
868 m²
Building footprint
172 m²
Volume, LiDAR
971 m³
Parcel 13372B0678/00H000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cajun Queen Europe
since 20052.147.735.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13372B0678/00H000 | Flanders | 868 m² | 1 · 172 m² | 6.9 m · 2 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.
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 7,749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2005
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
13960Manufacture of textiles
17540
46412Wholesale of household textiles and bedding
51410
55401
56301Cafés and bars
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.