EL QODS
ActiveEL QODS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €26k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+26
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.65 against 7.22 in 2024; short-term debt: 22.6% and cash: 75.8% of total assets), and 22.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
77.4%
Return on assets
26.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
29 d late
2022
38 d late
2021
59 d late
2020
61 d late
2019
92 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k▲ 215%
2024 · €8k
2018: €736
2019: €6k
2020: €-6k
2021: €7k
2022: €3k
2023: €11k
2024: €8k
2018 → 2025
Working capital
€59k▲ 23.9%
2024 · €47k
2018: €17k
2019: €24k
2020: €16k
2021: €24k
2022: €28k
2023: €39k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€30k▲ 11.6%€41k▲ 36.0%€50k▲ 20.3%€76k▲ 53.2%
Operating result€3k-€3k▲ 25.7%€11k▲ 237%€10k▼ 11.3%€34k▲ 251%
Net result€7k-€3k▼ 52.1%€11k▲ 247%€8k▼ 23.3%€26k▲ 215%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 251% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€17k▲ 673%
Current assets
€81k▲ 47.1%
Equity and liabilities €98k
Equity
€76k▲ 53.2%
Debt
€22k▲ 191%
The debt ratio rises from 13.3% to 22.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k
Cash flow
€28k
Solvency
77.4%▼
2024 · 86.7%
Current ratio
3.65▼
2024 · 7.22
Quick ratio
3.39▼
2024 · 6.36
Debt / equity
0.29▲
2024 · 0.15
ROE
34.7%▲
2024 · 16.9%
ROA
26.9%▲
2024 · 14.6%
Interest coverage
375.80
Debt
€22k▲
2024 · €8k
Debt ≤ 1 year
€22k▲
2024 · €8k
Income taxes
€8k▲
2024 · €1k
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€57k€98k▲
Fixed assets21/28€2k€17k▲
Tangible fixed assets22/27-€15k
Furniture and vehicles24-€15k
Financial fixed assets28€2k€2k=
Current assets29/58€55k€81k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€494-
Other amounts receivable41€494-
Cash at bank and in hand54/58€48k€74k▲
Deferred charges and accrued income490/1€148€744▲
Equity and liabilities
Total equity and liabilities10/49€57k€98k▲
Equity10/15€50k€76k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€29k€55k▲
Amounts payable17/49€8k€22k▲
Amounts payable within one year42/48€8k€22k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€4k€18k▲
Taxes450/3€4k€18k▲
Remuneration and social security454/9€43-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€729€940▲
Gross operating margin9900€10k€37k▲
Operating profit (loss)9901€10k€34k▲
Financial charges65/66B€106€96▼
Recurring financial charges65€106€96▼
Profit (loss) for the period before taxes9903€10k€34k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€8k€26k▲
Profit (loss) for the period to be appropriated9905€8k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€55k▲
Profit (loss) brought forward from the previous period14P€20k€29k▲
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €26k ▲215%
Operating result €34k, net result €26k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 7.22
Current ratio from 3.44 to 7.22; short-term debt falls from €16k to €8k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 38 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-6k ▼191%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 110 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 2002
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.
Pradostraat 221080 Sint-Jans-MolenbeekGround area
52 m²
Building footprint
45 m²
Volume, LiDAR
330 m³
Parcel 21522B0157/00W002, Brussels · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pradostraat 22, 1080 Sint-Jans-Molenbeek
since 20022.098.808.004
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0157/00W002 | Brussels | 52 m² | 1 · 45 m² | 12.9 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.
Similar companies · same sector, comparable size
SCHOENEN JULIEN
BE 0424.183.275
Kortrijk · Eq €76k
KOHNEN SCHUHHAUS
BE 0434.680.061
Sankt Vith · Eq €75k
MT@WORK
BE 0632.888.574
Sint-Pieters-Leeuw · Eq €75k
VEGRID
BE 0875.883.967
Geel · Eq €75k
2G
BE 0888.022.132
Saint-Hubert · Eq €77k
Of 1,035 companies in sector 47721 we hold annual accounts for 583. 451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2001
Fiscal year end31-12
Activities, NACEBEL
47721Retail sale of footwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 24 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.