FQ8 Audit & Management
ActiveFQ8 Audit & Management has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €96k and a net result of €35k. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 129 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability88▲+17
Solvency67▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 0.13 in 2025; short-term debt: 45.6% and cash: 61.2% of total assets), but 57.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 2026Solvency, return and age of the figures
Solvency
42.4%
Return on assets
15.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-08-2026, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
68 d early
2025
70 d early
2024
34 d early
2023
61 d early
2022
34 d early
2021
59 d early
2020
47 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€96k▼ 25.1%
2025 · €129k
2019: €22k
2020: €7k
2021: €13k
2022: €34k
2023: €66k
2024: €122k
2025: €129k
2019 → 2026
Total assets
€228k▼ 51.7%
2025 · €471k
2019: €226k
2020: €231k
2021: €208k
2022: €73k
2023: €99k
2024: €515k
2025: €471k
2019 → 2026
Net result
€35k▲ 347%
2025 · €8k
2019: €5k
2020: €6k
2021: €7k
2022: €23k
2023: €33k
2024: €57k
2025: €8k
2019 → 2026
Working capital
€83k
2025 · €-262k
2019: €-31k
2020: €-42k
2021: €-42k
2022: €23k
2023: €57k
2024: €-262k
2025: €-262k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€34k-€66k▲ 91.6%€122k▲ 84.8%€129k▲ 5.6%€96k▼ 25.1%
Operating result€37k-€48k▲ 27.4%€39k▼ 18.7%€15k▼ 61.1%€45k▲ 200%
Net result€23k-€33k▲ 40.5%€57k▲ 75.0%€8k▼ 86.4%€35k▲ 347%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 200% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €228k
Fixed assets
€41k▼ 90.5%
Current assets
€186k▲ 375%
Equity and liabilities €228k
Equity
€96k▼ 25.1%
Debt
€131k▼ 61.7%
The debt ratio falls from 72.7% to 57.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€59k▲
2025 · €29k
Cash flow
€49k▲
2025 · €22k
Solvency
42.4%▲
2025 · 27.3%
Current ratio
1.80▲
2025 · 0.13
Quick ratio
1.80▲
2025 · 0.13
Debt / equity
1.36▼
2025 · 2.66
ROE
36.0%▲
2025 · 6.0%
ROA
15.3%▲
2025 · 1.6%
Interest coverage
28.92▲
2025 · 11.27
Debt
€131k▼
2025 · €343k
Debt ≤ 1 year
€104k▼
2025 · €302k
Debt > 1 year
€27k▼
2025 · €41k
Income taxes
€13k▲
2025 · €5k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€471k€228k▼
Fixed assets21/28€432k€41k▼
Tangible fixed assets22/27€54k€40k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€52k€39k▼
Financial fixed assets28€378k€1k▼
Current assets29/58€39k€186k▲
Amounts receivable after more than one year29€8k€26k▲
Other amounts receivable291€8k€26k▲
Amounts receivable within one year40/41€15k€15k▲
Trade receivables40€12k€15k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€10k€139k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€471k€228k▼
Equity10/15€129k€96k▼
Reserves13€129k€96k▼
Non-distributable reserves130/1€20€20=
Reserves not available under the articles1311€20€20=
Distributable reserves133€129k€96k▼
Amounts payable17/49€343k€131k▼
Amounts payable after more than one year17€41k€27k▼
Financial debts170/4€41k€27k▼
Amounts payable within one year42/48€302k€104k▼
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€10k€16k▲
Taxes450/3€10k€16k▲
Other amounts payable47/48€277k€70k▼
Accrued charges and deferred income492/3-€25
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€76€528▲
Gross operating margin9900€29k€60k▲
Operating profit (loss)9901€15k€45k▲
Financial income75/76B€15€4k▲
Recurring financial income75€15€7▼
Non-recurring financial income76B-€4k
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€13k€48k▲
Income taxes67/77€5k€13k▲
Profit (loss) for the period9904€8k€35k▲
Profit (loss) for the period to be appropriated9905€8k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€35k▲
Transfer from equity791/2-€66k
Transfer to equity691/2€7k€34k▲
To other reserves6921€7k€34k▲
Profit to be distributed694/7€1k€67k▲
Return on contributions (dividend)694€1k€67k▲
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 2027, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Liquidity times 14current ratio 1.80
Current ratio from 0.13 to 1.80; short-term debt falls from €302k to €104k.
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €57k ▲75%
Net result €57k, the highest in the series.
31-03
Financial
Equity above €100kEq €122k ▲84.8%
6 profitable years in a row build equity to €122k.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity times 7current ratio 1.88
Current ratio from 0.28 to 1.88; short-term debt falls from €58k to €26k.
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Dalhem · 1 establishment unit since 2003
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.
Rue de Warsage(BER) 434607 DalhemGround area
2,130 m²
Building footprint
267 m²
Volume, LiDAR
1,687 m³
2 parcels, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ULTIMAD
since 20032.131.797.506
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62014A0794/00N000 | Wallonia | 1,280 m² | 1 · 117 m² | 7.7 m · 2 fl. |
| 62079A0503/02M000 | Wallonia | 849 m² | 1 · 150 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
AMS
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CANERO
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JARE
BE 1010.137.709
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C² REVISEURS & ASSOCIES
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Lasne · Eq €94k
JEAN-LOUIS PRIGNON, REVISEUR D'ENTREPRISES
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Soumagne · Eq €99k
Of 944 companies in sector 69203 we hold annual accounts for 659. 489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2003
Fiscal year end31-03
Activities, NACEBEL
69203Activities of company auditors
69109Other legal services
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.