HIGH QUALITY BUILDING
ActiveHIGH QUALITY BUILDING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321k and a net result of €15k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-8
Solvency38▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.55 in 2024; short-term debt: 43.3% and cash: 14.4% of total assets), but 87.3% 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 41
Relative position
BE, all sectors
reference
Sector 41
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
12.7%
Return on assets
0.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2162 sector peers (2025).
NBB · sector comparisonPosition among 2162 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
4 d early
2020
3 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€321k▲ 5.0%
2024 · €306k
2019: €157k
2020: €157k
2021: €195k
2022: €235k
2023: €257k
2024: €306k
2019 → 2025
Total assets
€2.54M▲ 93.8%
2024 · €1.31M
2019: €235k
2020: €496k
2021: €1.66M
2022: €1.01M
2023: €1.08M
2024: €1.31M
2019 → 2025
Net result
€15k▼ 68.3%
2024 · €48k
2019: €6k
2020: €3k
2021: €39k
2022: €40k
2023: €22k
2024: €48k
2019 → 2025
Working capital
€1.43M▲ 210%
2024 · €460k
2019: €148k
2020: €150k
2021: €688k
2022: €724k
2023: €746k
2024: €460k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€195k-€235k▲ 20.2%€257k▲ 9.5%€306k▲ 18.8%€321k▲ 5.0%
Operating result€40k-€60k▲ 48.9%€98k▲ 62.5%€113k▲ 15.2%€81k▼ 27.6%
Net result€39k-€40k▲ 1.6%€22k▼ 43.5%€48k▲ 117%€15k▼ 68.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.54M
Fixed assets
€11k=
Current assets
€2.52M▲ 94.5%
Equity and liabilities €2.54M
Equity
€321k▲ 5.0%
Debt
€2.21M▲ 121%
The debt ratio rises from 76.6% to 87.3%. Equity and debt are higher.
Key figures and ratios
Solvency
12.7%▼
2024 · 23.4%
Current ratio
2.30▲
2024 · 1.55
Quick ratio
1.53▲
2024 · 0.60
Debt / equity
6.89▲
2024 · 3.28
ROE
4.8%▼
2024 · 15.8%
ROA
0.6%▼
2024 · 3.7%
Debt
€2.21M▲
2024 · €1.00M
Debt ≤ 1 year
€1.10M▲
2024 · €838k
Debt > 1 year
€1.11M▲
2024 · €165k
Income taxes
€12k▼
2024 · €24k
Staff costs
€343k▲
2024 · €230k
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€1.31M€2.54M▲
Fixed assets21/28€11k€11k=
Financial fixed assets28€11k€11k=
Current assets29/58€1.30M€2.52M▲
Stocks and contracts in progress3€791k€839k▲
Stocks30/36€95k€171k▲
Contracts in progress37€696k€667k▼
Amounts receivable within one year40/41€445k€1.32M▲
Trade receivables40€439k€1.25M▲
Other amounts receivable41€6k€65k▲
Cash at bank and in hand54/58€58k€365k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.31M€2.54M▲
Equity10/15€306k€321k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€284k€299k▲
Amounts payable17/49€1.00M€2.21M▲
Amounts payable after more than one year17€165k€1.11M▲
Financial debts170/4€165k€1.11M▲
Amounts payable within one year42/48€838k€1.10M▲
Current portion of amounts payable after more than one year42-€18k
Financial debts43€250k€250k=
Credit institutions430/8€250k€250k=
Trade debts44€538k€769k▲
Suppliers440/4€538k€769k▲
Taxes, remuneration and social security45€50k€61k▲
Taxes450/3€24k€23k▼
Remuneration and social security454/9€25k€38k▲
Other amounts payable47/48-€22
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€230k€343k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€12k
Other operating charges640/8€5k€5k▲
Gross operating margin9900€348k€442k▲
Operating profit (loss)9901€113k€81k▼
Financial income75/76B€436€300▼
Recurring financial income75€436€300▼
Financial charges65/66B€40k€54k▲
Recurring financial charges65€40k€54k▲
Profit (loss) for the period before taxes9903€73k€27k▼
Income taxes67/77€24k€12k▼
Profit (loss) for the period9904€48k€15k▼
Profit (loss) for the period to be appropriated9905€48k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€284k€299k▲
Profit (loss) brought forward from the previous period14P€235k€284k▲
Social balance
Average headcount (FTE)90872.73.5▲
The notes to these accounts (13 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €48k ▲117%
Operating result €113k, net result €48k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Liquidity doublescurrent ratio 3.65
Current ratio from 1.72 to 3.65; short-term debt falls from €960k to €273k.
30-06
Financial
Equity above €200kEq €235k ▲20.2%
4 profitable years in a row build equity to €235k.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €3k ▼54.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Westerlo · 1 establishment unit since 2007
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.
Snelwegstraat 112260 WesterloGround area
6,379 m²
Building footprint
3,509 m²
Volume, LiDAR
21,795 m³
Parcel 13028B0203/00P006, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HQ Building
since 20072.162.677.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028B0203/00P006 | Flanders | 6,379 m² | 1 · 3,509 m² | 9.5 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,565 EUR awarded · 2,790 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,400 EUR | 2,400 EUR |
| 2023 | 1 | 165 EUR | 390 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,038. 10,795 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2007
Fiscal year end30-06
Abbreviation NL
HQ BUILDING
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.