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LA QUIFFE

Active
Private limited companyfounded 1993active for 33 yearsGeilinkstraat(BO) 6, 1670 Pepingen, BelgiumKBO/BCE: BE 0449.358.933
Summary

The annual accounts of LA QUIFFE for financial year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €27,469 and a net result of -€54,201. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 25% of 3,321 sector peers (NACE 62, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (13 days) Filed on 13 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00040282.

Equity
€27,469▼ 66.4%
2024 · €81,669
Total assets
€172,740▼ 28.0%
2024 · €239,792
Net result
-€54,201▼ 253%
2024 · -€15,373
Working capital
€49,910▼ 48.7%
2024 · €97,224
Trend over the years

2020 to 2025, 5 financial years 2019 to 2025, 6 financial years

The operating result stays negative: a loss of €50,945 in 2025 against €30,930 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€50,945 2025 Net result-€54,201 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202022202320242025
Operating result€42,468-€36,831▼ 13.3%€29,537-€60,923▲ 106%-€30,930-€50,945▼ 64.7%
Net result€40,262-€35,035within the sector's middle half▼ 13.0%€28,427within the sector's middle half-€53,425within the sector's middle half▲ 87.9%-€15,373below the sector's middle half-€54,201below the sector's middle half▼ 253%
Equity€103,188-€138,223within the sector's middle half▲ 34.0%€43,617within the sector's middle half-€97,042within the sector's middle half▲ 122%€81,669within the sector's middle half▼ 15.8%€27,469below the sector's middle half▼ 66.4%
Total assets€392,384-€388,294above the sector's middle half▼ 1.0%€168,739within the sector's middle half-€220,052within the sector's middle half▲ 30.4%€239,792within the sector's middle half▲ 9.0%€172,740within the sector's middle half▼ 28.0%
Debt€289,196-€250,071▼ 13.5%€23,399-€21,286▼ 9.0%€56,399▲ 165%€43,548▼ 22.8%
Working capital€45,223-€67,842within the sector's middle half▲ 50.0%€81,326within the sector's middle half-€127,195within the sector's middle half▲ 56.4%€97,224within the sector's middle half▼ 23.6%€49,910within the sector's middle half▼ 48.7%
Solvency26.3%-35.6%within the sector's middle half▲ 9.3pp25.8%below the sector's middle half-44.1%within the sector's middle half▲ 18.3pp34.1%within the sector's middle half▼ 10.0pp15.9%below the sector's middle half▼ 18.2pp
Current ratio1.18-1.29below the sector's middle half▲ 0.127.13above the sector's middle half-6.98above the sector's middle half▼ 0.164.50above the sector's middle half▼ 2.483.10within the sector's middle half▼ 1.40
Return on assets (ROA)10.3%-9.0%within the sector's middle half▼ 1.2pp16.8%within the sector's middle half-24.3%above the sector's middle half▲ 7.4pp-6.4%below the sector's middle half▼ 30.7pp-31.4%below the sector's middle half▼ 25.0pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172,740
Fixed assets €99,082 ▼ 13.7%
Current assets €73,657 ▼ 41.1%
Equity and liabilities €172,740
Equity €27,469 ▼ 66.4%
Provisions €101,723 =
Debt €43,548 ▼ 22.8%
Debt's share of the balance-sheet total rises from 23.5% to 25.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€34,102▼
2024 · -€14,736
Cash flow
-€37,358▼
2024 · €820
Debt to equity
1.59▲
2024 · 0.69
ROE
-197.3%▼
2024 · -18.8%
Interest coverage
-11.97▼
2024 · -6.87
Debt ≤ 1 year
€23,748▼
2024 · €27,799
Debt > 1 year
€19,800▼
2024 · €28,600
Income taxes
€494▼
2024 · €671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,221 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 88.5% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
3.8% went bankrupt
7.5% stopped otherwise
88.5% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,221 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€239,792€172,740▼
Fixed assets21/28€114,769€99,082▼
Tangible fixed assets22/27€114,769€99,082▼
Land and buildings22€63,134€58,990▼
Plant, machinery and equipment23€3,299€2,436▼
Furniture and vehicles24€48,336€37,656▼
Current assets29/58€125,023€73,657▼
Amounts receivable within one year40/41€115,026€44,216▼
Trade receivables40€10,269€1,188▼
Other amounts receivable41€104,757€43,028▼
Current investments50/53€3,014€21,922▲
Cash at bank and in hand54/58€6,983€7,498▲
Deferred charges and accrued income490/1-€21
Equity and liabilities
Total equity and liabilities10/49€239,792€172,740▼
Equity10/15€81,669€27,469▼
Contributions10/11€7,700€7,700=
Reserves13€73,969€35,164▼
Tax-exempt reserves132€9,800€9,800=
Distributable reserves133€64,169€25,364▼
Profit (loss) carried forward14--€15,396
Provisions and deferred taxes16€101,723€101,723=
Provisions for liabilities and charges160/5€101,723€101,723=
Pensions and similar obligations160€101,723€101,723=
Amounts payable17/49€56,399€43,548▼
Amounts payable after more than one year17€28,600€19,800▼
Financial debts170/4€28,600€19,800▼
Amounts payable within one year42/48€27,799€23,748▼
Current portion of amounts payable after more than one year42€8,800€8,800=
Trade debts44€7,544€5,006▼
Suppliers440/4€7,544€5,006▼
Taxes, remuneration and social security45€11,221€848▼
Taxes450/3€11,221€848▼
Other amounts payable47/48€234€9,093▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,193€16,842▲
Other operating charges640/8€1,831€2,285▲
Gross operating margin9900-€12,905-€31,817▼
Operating profit (loss)9901-€30,930-€50,945▼
Financial income75/76B€18,371€87▼
Recurring financial income75€18,371€87▼
Financial charges65/66B€2,144€2,849▲
Recurring financial charges65€2,144€2,849▲
Profit (loss) for the period before taxes9903-€14,702-€53,706▼
Income taxes67/77€671€494▼
Profit (loss) for the period9904-€15,373-€54,201▼
Profit (loss) for the period to be appropriated9905-€15,373-€54,201▼
Appropriation of the result
Profit (loss) to be appropriated9906-€15,373-€54,201▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€15,373€38,805▲
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,812€7,754€8,799€8,056€16,193€16,842▲ 4.0%
Other operating charges640/8--€4,346€2,454€1,831€2,285▲ 24.8%
Gross operating margin9900€49,628€45,870€42,682€71,433-€12,905-€31,817▼ 147%
Operating profit (loss)9901€42,468€36,831€29,537€60,923-€30,930-€50,945▼ 64.7%
Financial income75/76B--€1,966€3,312€18,371€87▼ 99.5%
Recurring financial income75--€1,966€3,312€18,371€87▼ 99.5%
Financial charges65/66B--€1,935€770€2,144€2,849▲ 32.9%
Recurring financial charges65€2,206€1,796€1,935€770€2,144€2,849▲ 32.9%
Profit (loss) for the period before taxes9903€40,262€35,035€29,568€63,465-€14,702-€53,706▼ 265%
Income taxes67/77--€1,141€10,040€671€494▼ 26.3%
Profit (loss) for the period9904€40,262€35,035€28,427€53,425-€15,373-€54,201▼ 253%
Profit (loss) for the period to be appropriated9905€40,262€35,035€28,427€53,425-€15,373-€54,201▼ 253%
Line201920202022202320242025Change
Assets
Total assets20/58€392,384€388,294€168,739€220,052€239,792€172,740▼ 28.0%
Fixed assets21/28€93,354€89,812€74,153€71,570€114,769€99,082▼ 13.7%
Tangible fixed assets22/27€93,354€89,662€74,153€71,570€114,769€99,082▼ 13.7%
Land and buildings22--€72,064€67,799€63,134€58,990▼ 6.6%
Plant, machinery and equipment23--€2,089€3,771€3,299€2,436▼ 26.1%
Furniture and vehicles24----€48,336€37,656▼ 22.1%
Financial fixed assets28-€150-----
Current assets29/58€299,030€298,482€94,586€148,482€125,023€73,657▼ 41.1%
Amounts receivable within one year40/41€269,335€267,954€67,728€77,322€115,026€44,216▼ 61.6%
Trade receivables40--€23,633€20,048€10,269€1,188▼ 88.4%
Other amounts receivable41--€44,095€57,273€104,757€43,028▼ 58.9%
Current investments50/53€11,009€17,509€11,477€54,562€3,014€21,922▲ 627%
Cash at bank and in hand54/58€18,686€13,019€15,381€16,598€6,983€7,498▲ 7.4%
Deferred charges and accrued income490/1-----€21-
Equity and liabilities
Total equity and liabilities10/49€392,384€388,294€168,739€220,052€239,792€172,740▼ 28.0%
Equity10/15€103,188€138,223€43,617€97,042€81,669€27,469▼ 66.4%
Contributions10/11€6,200€6,200€7,700€7,700€7,700€7,700=
Reserves13€63,828€63,828€63,978€89,342€73,969€35,164▼ 52.5%
Non-distributable reserves130/1--€2,009----
Reserves not available under the articles1311--€2,009----
Tax-exempt reserves132--€9,800€9,800€9,800€9,800=
Distributable reserves133--€52,169€79,542€64,169€25,364▼ 60.5%
Profit (loss) carried forward14€33,160€68,195-€28,061€0--€15,396-
Provisions and deferred taxes16--€101,723€101,723€101,723€101,723=
Provisions for liabilities and charges160/5--€101,723€101,723€101,723€101,723=
Pensions and similar obligations160--€101,723€101,723€101,723€101,723=
Amounts payable17/49€289,196€250,071€23,399€21,286€56,399€43,548▼ 22.8%
Amounts payable after more than one year17€35,389€19,431€10,139€0€28,600€19,800▼ 30.8%
Financial debts170/4--€10,139€0€28,600€19,800▼ 30.8%
Amounts payable within one year42/48€253,807€230,640€13,260€21,286€27,799€23,748▼ 14.6%
Current portion of amounts payable after more than one year42---€801€8,800€8,800=
Financial debts43--€90----
Credit institutions430/8--€90----
Trade debts44€217,379€202,953€3,785€8,746€7,544€5,006▼ 33.6%
Suppliers440/4--€3,785€8,746€7,544€5,006▼ 33.6%
Taxes, remuneration and social security45--€9,385€11,740€11,221€848▼ 92.4%
Taxes450/3--€9,385€11,740€11,221€848▼ 92.4%
Other amounts payable47/48----€234€9,093▲ 3,786%
Line201920202022202320242025Change
Profit (loss) for the period9904€40,262€35,035€28,427€53,425-€15,373-€54,201▼ 253%
+ Depreciation and write-downs630€6,812€7,754€8,799€8,056€16,193€16,842▲ 4.0%
Operating cash flow (approximation)€47,074€42,789€37,226€61,481€820-€37,358-
Investment in fixed assets (approximation)--€4,212--€5,474-€59,392-€1,156▲ 98.1%
Change in cash--€5,667-€1,217-€9,615€515-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 abbreviated format 13-02-2026 2026-00040282
30-06-2024 abbreviated format 11-11-2024 2024-00600487
30-06-2023 abbreviated format 29-02-2024 2024-00039340
30-06-2022 micro format 26-01-2023 2023-00004344
30-06-2021 micro format 27-01-2022 2022-02300286
30-06-2020 micro format 01-02-2021 2021-04200471
30-06-2019 micro format 30-01-2020 2020-02700395
30-06-2018 micro format 29-01-2019 2019-03300088
30-06-2017 micro format 31-01-2018 2018-04400332
30-06-2016 abbreviated format 28-02-2017 2017-05500510

Show all 25 filings

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Of the 16,927 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,927. 6,359 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.