Debts
€340,620 75% of the balance sheet
Financial debts 48%Suppliers 30%Taxes and wages 10%Other 13%
Of this, €178,421 falls due within a year.
EQ²
Overview
Information for creditors
Enterprise Court of Antwerp, Tongeren division · Official Gazette of 12-06-2023Appeal or third-party opposition 27-06-2023Filing the claim in RegSol 06-07-2023First verification report 18-07-2023Late claim 06-06-2024
Trustees: Kristien Hanssen, Tanguy Paquet. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
2 annual accounts with figures on one time axispeak €251,451 (2021)
€251,451▲ 71.2%
peak €142,301 (2020)
€99,255▼ 30.2%
peak €111,556 (2021)
€111,556▲ 807%
€340,620▼ 7.4%
peak 2.6 FTE (2021)
2.6 FTE
Board3 names since 2019
1 directorQUALITY LOGISTI CS SOLUTIONS
Owners2 names in the annual accounts
Documentsfilings and deeds
14-07-202217 days before the deadline
2021abbreviated format
Gross margin from €146,878 to €251,451Result from €142,301 to €99,255Resignation: ELINEL (director) 17-11Equity from €12,301 to €111,5561 establishment registeredInvestments €304,233
Key points
from the 2021 annual accounts, the last ones filedNo score
Signals
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- BankruptThis companyjudgment 06-06-2023
WATERDROP LOGISTICS was founded 11 months before the bankruptcy of this company. The annual accounts of both list QUALITY LOGISTI CS SOLUTIONS as director.
- QUALITY LOGISTI CS SOLUTIONS listed as director in the annual accounts of both
- Same main activity: Logistics services NACE 52250
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Board and ownership
- QUALITY LOGISTI CS SOLUTIONS 100%score 93equity €51,164 (2025) · 2021 annual accounts of QUALITY LOGISTI CS SOLUTIONS
Recent changes
Bankruptcy published
Enterprise Court of Antwerp, Tongeren division · judgment of 06-06-2023 · Bankruptcy
Resignation: QUALITY LOGISTICS SOLUTIONS (director)
Appointment: Shao Zhang (director) · Director discharge: QUALITY LOGISTICS SOLUTIONS · General meeting of 21-11-2022 · Gazette deed
Registered office moved from Temse to Maasmechelen
New registered office: Breitwaterstraat 12, 3630 Maasmechelen · Previous registered office: Luxemburgstraat 20, 9140 Temse · Board meeting of 12-09-2022 · Gazette deed
Registered office moved from Genk to Temse
New registered office: Luxemburgstraat 20-9140 Temse · Previous registered office: Lindebosstraat 11, 3600 Genk · Permanent representative: Patrick Van Geneugden · Board meeting of 24-01-2022 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 06-06-2023
- Activity
- Logistics servicesNACE 52250and 1 other
- Establishment unit
- 2.321.920.9693630 Maasmechelen, since 01-06-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2021
- €251,451▲ 71.2%
- ≈ €590,000estimated
- €99,255▼ 30.2%
- €111,556▲ 807%
- €452,177▲ 19.0%
- Employeeson 31-12-2021
- 6
- Filing
- Filed on 14-07-2022
Insights on EQ²
On 6 June 2023 the court declared EQ² bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2021
abbreviated format, filed on 14-07-2022, 17 days before the deadline€251,451
▲ 71.2%
€111,326
▼ 22.5%
€99,255
▼ 30.2%
-€26,629
▼ €21,413
24.7%
▲ 21.4 percentage points
0.85
▼ 0.14
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €590,000. Estimated: probably between €360,000 and €1.0m.
Balance sheet
balance sheet total €452,177 on 31-12-2021What the company ownsHow it is paid for
in euro
in euro
Position in the sector
24.7%
Higher than 40% of 837 companies in 2021.
0.85
Higher than 20% of 828 companies in 2021.
22.0%
Higher than 89% of 834 companies in 2021.
EQ²
Middle half of the sector
80% of the sector
Abbreviated accounts in warehousing and transport support (NACE 52)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: bottom quarter
Staff
€32,897
Staff costs divided by the average number of full-time equivalents.
+6 people
people who joined
people who left
In 2021, 7 people joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
452,177 | 380,041 | |
21/28 |
300,384 | 17,517 | |
22/27 |
279,384 | 17,517 | |
23 |
17,989 | 1,285 | |
24 |
6,630 | 1,889 | |
25 |
254,766 | - | |
26 |
- | 14,343 | |
28 |
21,000 | - | |
29/58 |
151,792 | 362,525 | |
40/41 |
82,598 | 227,431 | |
40 |
68,908 | 192,951 | |
41 |
13,689 | 34,480 | |
54/58 |
67,062 | 134,984 | |
490/1 |
2,133 | 110 | |
| Balance sheet: equity and liabilities | |||
10/49 |
452,177 | 380,041 | |
10/15 |
111,556 | 12,301 | |
10/11 |
10,000 | 10,000 | |
13 |
101,556 | 2,301 | |
133 |
101,556 | 2,301 | |
17/49 |
340,620 | 367,740 | |
17 |
162,199 | - | |
170/4 |
162,199 | - | |
42/48 |
178,421 | 367,740 | |
42 |
45,119 | - | |
44 |
100,487 | 226,743 | |
440/4 |
100,487 | 226,743 | |
45 |
32,614 | 997 | |
450/3 |
13,016 | 997 | |
454/9 |
19,598 | - | |
47/48 |
201 | 140,000 | |
| Income statement | |||
76A |
140,000 | - | |
9900 |
251,451 | 146,878 | |
62 |
85,531 | - | |
630 |
21,365 | 1,810 | |
640/8 |
1,234 | 1,459 | |
66A |
31,995 | - | |
9901 |
111,326 | 143,609 | |
75/76B |
1,403 | 0 | |
75 |
1,403 | 0 | |
65/66B |
3,286 | 311 | |
65 |
3,286 | 311 | |
9903 |
109,443 | 143,298 | |
67/77 |
10,188 | 997 | |
9904 |
99,255 | 142,301 | |
9905 |
99,255 | 142,301 | |
| Appropriation of the result | |||
9906 |
99,255 | 142,301 | |
691/2 |
99,255 | 2,301 | |
6921 |
99,255 | 2,301 | |
694/7 |
- | 140,000 | |
695 |
- | 140,000 | |
| Social balance sheet | |||
9087 |
2.6 | - | |
Hours worked1013 |
4,406 | - | |
| Document | |||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 14-07-2022.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 |
|---|---|---|---|
| 132,691 | 145,419 | ||
| 120,620 | 144,111 | ||
| 336,228 | 19,327 | ||
| -67,922 | - | ||
| -26,629 | -5,216 | ||
| 24.7% | 3.2% | ||
| 0.85 | 0.99 | ||
| 3.05 | 29.89 | ||
| 89.0% | - | ||
| 22.0% | 37.4% | ||
| 40.39 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 6 |
| full-time | 6 |
| in full-time equivalents | 6 |
| 2.6 | |
| On a permanent contract | 6 |
| Joined | 7 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €315,228 |
| Financial fixed assets | €21,000 |
| €21,365 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on EQ²
The operating result for 2021 is 22% lower than in 2020.
Debt's share of the balance-sheet total falls from 96.8% to 75.3%. Equity is higher and debt is lower.
Board & ownership
Curators
the curators have managed the company since 06-06-2023Last board
1 director, no change since 2022Mandates through the years
3 names, the dashed line is todayShao Zhang
Director
Director
QUALITY LOGISTI CS SOLUTIONS
Director (not named in the articles)
Director (not named in the articles)
ELINEL
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierBankruptcy 06-06-2023
Mandates as a list
- Shao Zhang
- Director, appointed by deed of 10-02-2023, until the bankruptcy of 06-06-2023
- QUALITY LOGISTI CS SOLUTIONS
- Director (not named in the articles), from 26-08-2019 to 21-11-2022
- ELINEL
- Director (not named in the articles), appointed by deed of 28-08-2019, until 11-10-2021
Control
Parent
Equity €51,164
Profit €170,704 in 2025 (profit €21,648 in 2024)
Checked score 93
100%
This company
EQ²
Equity €111,556
Profit €99,255 in 2021
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- €1,116 in 2021
- Source
- deed of 28-08-2019
Owners through the years
as the annual accounts name themOwners as a list
- QUALITY LOGISTI CS SOLUTIONS
- ELINEL
Source: lists of holdings in the owners' accounts
Articles of association
deed of 28-08-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 20:00
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 28-08-2019 ↗
- QUALITY LOGISTICS SOLUTIONS (BE 0554.999.455) 50 shares (50%) · €5,000
- ELINEL (BE 0841.110.160) 50 shares (50%) · €5,000
Capital over time
- 28-08-2019 Incorporation · €10,000 · 100 shares
Network & group
Group
QUALITY LOGISTI CS SOLUTIONS has 1 direct subsidiary (2021 accounts)Belgium 1 Equity Result
- BE EQ² BVopen bankruptcy €111,556 result €99,255
Source: list of holdings in the 2021 accounts of QUALITY LOGISTI CS SOLUTIONS. Every holding stands with its own latest accounts.
Earlier ties
| Waterdrop Logistics via QUALITY LOGISTI CS SOLUTIONS, at EQ² until 2022 · Director · deed of 22-06-2022 No longer active · founded in 2022 |
1 FTE (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
10 events since 2019Board
Filings
Financial
Establishments
Insolvency
Address
2020202220242026
2023
Bankruptcy published Enterprise Court of Antwerp, Tongeren division · judgment of 06-06-2023
Resignation: QUALITY LOGISTICS SOLUTIONS (director)Appointment: Shao Zhang (director) · Director discharge: QUALITY LOGISTICS SOLUTIONS · General meeting of 21-11-20224 points ▸
- General meeting, 21-11-2022
- Director resignation, QUALITY LOGISTICS SOLUTIONS
- Director discharge, QUALITY LOGISTICS SOLUTIONS
- Director appointment, Shao Zhang
- The deed holds 1 more point.
2022
Registered office moved from Temse to MaasmechelenNew registered office: Breitwaterstraat 12, 3630 Maasmechelen · Previous registered office: Luxemburgstraat 20, 9140 Temse · Board meeting of 12-09-20222 points ▸
- Board meeting, 12-09-2022
- Registered-office move, Breitwaterstraat 12, 3630 Maasmechelen
Annual accounts 2021 filed PDFabbreviated format · 17 days before the deadline
Registered office moved from Genk to TemseNew registered office: Luxemburgstraat 20-9140 Temse · Previous registered office: Lindebosstraat 11, 3600 Genk · Permanent representative: Patrick Van Geneugden · Board meeting of 24-01-20223 points ▸
- Board meeting, 24-01-2022
- Registered-office move, Luxemburgstraat 20-9140 Temse
- Permanent representative, Patrick Van Geneugden
2021
Equity above €100,000 equity €111,556 ▲807% With a profit in every financial year since 2020, equity grows to €111,556.
Resignation: ELINEL (director)Permanent representative: Yves Van Dyck · General meeting of 11-10-20213 points ▸
- General meeting, 11-10-2021
- Director resignation, ELINEL
- Permanent representative, Yves Van Dyck
Annual accounts 2020 filed PDFabbreviated format · 25 days before the deadline
First establishment Breitwaterstraat 12, Maasmechelen
2019
IncorporationFounding capital of €10,000, 100 shares · Founders: QUALITY LOGISTICS SOLUTIONS and ELINEL · Appointments: QUALITY LOGISTICS SOLUTIONS (director) and ELINEL (director) · published on 28-08-20198 points ▸
- Founder, QUALITY LOGISTICS SOLUTIONS
- Founder, ELINEL
- Founding capital, €10,000, 100 shares
- Board rule, 2
- Director appointment, QUALITY LOGISTICS SOLUTIONS (director (not named in the articles))
- Director appointment, ELINEL (director (not named in the articles))
- Permanent representative, VAN GENEUGDEN Patrick Marie Christian (vaste vertegenwoordiger belast met uitvoering bestuursopdracht)
- Permanent representative, VAN DYCK Yves Maria Lodewijk (vaste vertegenwoordiger belast met uitvoering bestuursopdracht)
- The deed holds 3 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
EQ² was incorporated on 26 August 2019 as a private limited company by QUALITY LOGISTICS SOLUTIONS and ELINEL, with a starting capital of €10,000.12 The registered office moved to Temse in 2022 and to Maasmechelen in 2022.34 Shao Zhang is director of the company, appointed by deed of 10-02-2023.5 On 6 June 2023 the company was declared bankrupt.6
Company details
Identity
- Enterprise number
- 0732.885.181
- VAT number
- BE 0732.885.181
- Legal form
- Private limited company
- Status
- In bankruptcy, since 06-06-2023
- Founded
- 26-08-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 20:00deed of 28-08-2019 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- EQ² in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-08-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Lindebosstraat 11, 3600 Genk”deed of 28-08-2019 (in Dutch)
Activities
NACEBEL 202552250
Logistics services main activity
Codes under NACEBEL 2008
52290
Warehousing and support activities for transportation main activity
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Logistieke dienstverlening in de breedste zin,inclusief laden,lossen,opslag,distributie van goederen,verhuur van opslagplaats en verhuur van…”deed of 28-08-2019 (in Dutch)
11 activities
- Logistieke dienstverlening in de breedste zin,inclusief laden,lossen,opslag,distributie van goederen,verhuur van opslagplaats en verhuur van rollend materieel;
- Productie van verpakkingsmaterialen en verpakken van goederen;
- Nationaal en internationaal goederenvervoer over de weg (wegtransport);
- Nationaal en internationaal goederenvervoer per spoor,over zee en waterwegen of via het luchtruim;
- Consultancy,adviesverlening en begeleiding op het gebied van logistiek en transport;
- Consultancy en adviesverlening op het gebied van bedrijfsvoering en bedrijfsbeheer inclusief het verlenen van administratieve bijstand en bedrijfsadvies aan ondernemingen;
- Het beheren van onroerende goederen,welke onder meer omvat: de verwerving,de vervreemding,het beheer,de borgstelling,de uitbating,de valorisatie,de verkaveling,de huur en verhuur,het doen bouwen en verbouwen,de procuratie en het makelen in onroerende goederen,evenals alle welkdanige onroerende verhandelingen in de meest brede zin,met inbegrip van onroerende leasing.
- Tevens ook de restauratie,verbouwing en verfraaiing van onroerend goed,evenals de verhuur en terbeschikkingstelling van onroerend goed en de uitbating van onroerend goed voor diensten en andere doeleinden;
- De vennootschap kan zich zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak;
- De vennootschap kan optreden als bestuurder,zaakvoerder,directeur of vereffenaar van andere vennootschappen;
- De vennootschap mag alle roerende en onroerende,financiële,industriële en commerciële handelingen stellen die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk,verband houden met het doel van de vennootschap of de verwezenlijking ervan kunnen vergemakkelijken of helpen uitbreiden,zowel in België als in het buitenland. Zij mag deelnemen door inbreng,fusie,inschrijving of anderszins in alle bestaande of nog op te richten vennootschappen of ondernemingen met een gelijkaardig of aanverwant voorwerp.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Breitwaterstraat 12 registered office 3630 Maasmechelen | 01-06-2021 | 2.321.920.969 |
2 former offices
- 9140 Temse until 12-09-2022 · deed of 20-10-2022
- Lindebosstraat 11, 3600 Genk until 03-01-2022 · deed of 15-02-2022
Buildings and parcels at the address
- Ground area
- 3.1 ha
- Buildings
- 1.1 ha
- Volume, LiDAR
- 120,704 m³
- Tallest building
- 13.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73060B0008/00V000 | 3.1 ha | 1 · 1.1 ha | 13.9 m · 4 |