Equity
€71,353 from €269,463 in 2019
Equity fell by 74% in 6 years.
CSQ
Lifetime
9 annual accounts with figures on one time axispeak €152,858 (2021)
€79,703▼ 39.4%
peak €114,888 (2021)
€54,756▼ 39.9%
peak €269,463 (2019)
€71,353▼ 47.8%
€125,928▼ 4.0%
Board1 name since 2016
1 director
Documentsfilings and deeds
11-12-2025140 days before the deadline
2025micro format
Gross margin from €131,546 to €79,703Result from €91,044 to €54,756Dividend €120,000Equity from €136,597 to €71,353
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as CSQ has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,721 companies, not a prediction for CSQ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0648949695
Resignation: (statutory manager)
Reappointment: (statutory director) · “Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van…” (deed in Dutch) · Director discharge: · General meeting of 24-04-2023 · Gazette deed
First establishment
Verbindingsweg 4, Kuurne
Incorporation
Founding capital of €18,600, 186 shares · Founder: (partner) · Appointment: (statutory manager) · published on 26-02-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CSQ Kuurne | €197,282 | €79,703 | 36.2% | - |
| Creative & Interactive Management Services Knokke-Heist | €188,274 | €86,816 | 35.5% | - |
| STICHTING MIER Bruges | €197,578 | €68,223 | 75.6% | - |
| NICCON Anzegem | €161,940 | €74,764 | 31.3% | - |
| DEMIMAX MANAGEMENT Knokke-Heist | €242,587 | €84,048 | 29.8% | - |
| DEVOMO Knokke-Heist | €175,347 | €94,355 | 55.6% | - |
| BeSy Consulting Wevelgem | €201,942 | €90,616 | 9.2% | - |
These companies have the same main activity as CSQ: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €162,000 and €243,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 24-02-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.251.029.9068520 Kuurne, since 01-04-2016
- Financial year end
- 30 September
- Peppol
- Reachable since 30-10-2023
Annual accounts to 30-09-2025
- €197,282▼ 26.3%
- Filing
- Filed on 11-12-2025, 140 days before the end of the filing period
Insights on CSQ
CSQ files the micro format. That format states no turnover. The gross margin fell from €136,823 in 2017 to €79,703 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CSQ
- What is the company number of CSQ?
- The company number of CSQ is 0648.949.695. The VAT number is the same number with BE in front: BE 0648.949.695.
- Where is CSQ based?
- The registered office is at Verbindingsweg 4, 8520 Kuurne.Company details
- What does CSQ do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CSQ?
- CSQ is a private limited company (BV).
- When was CSQ founded?
- CSQ was founded on 24-02-2016.
- Is CSQ still active?
- Yes, CSQ is an active enterprise in the KBO register.
- What is the turnover of CSQ?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €79,703 and 120 comparable companies (NACE 70200). It probably lies between €120,000 and €210,000.Financials
- Is CSQ profitable?
- In financial year 2025, CSQ made a profit of €54,756.
- Where can I find the annual accounts of CSQ?
- CSQ filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CSQ due?
- CSQ must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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