Turnover
≈ €2.1m estimated
The abbreviated format states no turnover.
QASTAN
Lifetime
18 annual accounts with figures on one time axis, 27 filings since 1999peak €1.2m (2025)
€1.2m▲ 7.7%
lowest -€91,675 (2023)
€143,631▲ 41.9%
peak €596,128 (2025)
€596,128▲ 31.7%
€812,240▲ 5.7%
peak 14.9 FTE (2023)
14.5 FTE▲ 4.3%
Board5 names since 2019
3 directorsDebruyne Geert and 2 others
Documentsfilings and deeds
14-10-202675 days late
2025abbreviated format
Result from €101,237 to €143,631Equity from €452,497 to €596,128
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 63% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025highest value
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 75 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1998
Liquidity: current ratio 1.26, cash €213,005
Equity €596,128 (42.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 54% of them on solvency, 48% on liquidity, 74% on profitability and 76% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as QASTAN has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of QASTAN itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,137 companies, not a prediction for QASTAN. 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
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.27 in 2024), below the usual 1.5. Short-term debt is 46.2% and cash 15.1% of total assets. 57.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
75 days late
2024
9 days early
2023
1 day early
2022
4 days early
2021
3 days early
2020
18 days early
2019
67 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464789554
Company renamed from FREELANCE INFORMATION TECHNOLOGY to QASTAN
General meeting of 28-08-2024 · Gazette deed
2 directors appointed, 2 resignations
Resignations: Arne Debruyne (director) and Joren Debruyne (director) · Appointments: Nordström Consulting BV (director) and Joren Debruyne Consulting BV (director) · Permanent representatives: Arne Debruyne and Joren Debruyne · General meeting of 13-01-2022 · Gazette deed
Registered office moved from Izegem to Kuurne
New registered office: Brugsesteenweg 48 te 8520 Kuurne · Previous registered office: Marelputstraat 10, 8870 Izegem · General meeting of 30-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QASTAN Kuurne | €1.4m | €1.2m | 42.3% | 14.5 |
| ZABUN Waregem | €1.4m | €1.5m | 46.8% | 17 |
| UNIWEB Meise | €1.3m | €1.2m | 24.5% | 13.2 |
| QUADRATURE Charleroi | €1.5m | €1.4m | -26.2% | 12.2 |
| ETS-INFORMATICS Kortrijk | €1.6m | €1.1m | 33.5% | 14.5 |
| I.S.A.B. Anzegem | €0.9m | €1.4m | 50.7% | 19 |
| Prodware Belgium Mont-Saint-Guibert | €1.5m | €1.0m | -2.0% | 15.9 |
These companies have the same main activity as QASTAN: computer programming (NACE 62100). They are comparable in size and age: total assets between €916,000 and €1.6m, founded between 1989 and 2000.
Official details
Source: KBO- Status
- Active since 21-12-1998Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.279.766.9478520 Kuurne, since 01-08-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2024
Annual accounts 2025
- €1.4m▲ 15.3%
- Employeeson 31-12-2025
- 14▼ 6.7%
- Filing
- Filed on 14-10-2026
Insights on QASTAN
QASTAN files the abbreviated format. That format states no turnover. The gross margin rose from €144,841 in 2008 to €1.2m 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 QASTAN
- What is the company number of QASTAN?
- The company number of QASTAN is 0464.789.554. The VAT number is the same number with BE in front: BE 0464.789.554.
- Where is QASTAN based?
- The registered office is at Brugsesteenweg 48, 8520 Kuurne.Company details
- What does QASTAN do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of QASTAN?
- QASTAN is a private limited company (BV).
- When was QASTAN founded?
- QASTAN was founded on 21-12-1998.
- Is QASTAN still active?
- Yes, QASTAN is an active enterprise in the KBO register.
- How many employees does QASTAN have?
- QASTAN had an average of 14.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does QASTAN fall under?
- In its 2025 annual accounts, QASTAN states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of QASTAN?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 33 comparable companies (NACE 62100). It probably lies between €1.6m and €2.5m.
- Is QASTAN profitable?
- In financial year 2025, QASTAN made a profit of €143,631.
- Where can I find the annual accounts of QASTAN?
- QASTAN filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of QASTAN due?
- QASTAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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