PQ-CONSULT
ActiveSummary
PQ-CONSULT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €25k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency100▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 13.63 against 3.75 in 2024; short-term debt: 7.2% and cash: 82.8% of total assets), and 7.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
92.8%
Return on assets
13.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
28 d late
2023
51 d early
2022
17 d late
2021
26 d late
2020
60 d early
2019
55 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€171k▲ 16.7%
2024 · €147k
2019: €37klowest in 7 years
2020: €59k▲ +61.7% vs 2019
2021: €71k▲ +19.4% vs 2020
2022: €86k▲ +21.3% vs 2021
2023: €124k▲ +44.3% vs 2022
2024: €147k▲ +18.7% vs 2023
2025: €171k▲ +16.7% vs 2024highest in 7 years
2019 → 2025
Total assets
€184k▼ 7.0%
2024 · €198k
2019: €76klowest in 7 years
2020: €100k▲ +32.1% vs 2019
2021: €101k▲ +0.5% vs 2020
2022: €120k▲ +19.3% vs 2021
2023: €158k▲ +31.4% vs 2022
2024: €198k▲ +25.7% vs 2023highest in 7 years
2025: €184k▼ -7.0% vs 2024
2019 → 2025
Net result
€25k▼ 50.1%
2024 · €49k
2019: €30k
2020: €23k▼ -25.7% vs 2019
2021: €11k▼ -49.2% vs 2020lowest in 7 years
2022: €15k▲ +31.4% vs 2021
2023: €38k▲ +152% vs 2022
2024: €49k▲ +29.7% vs 2023highest in 7 years
2025: €25k▼ -50.1% vs 2024
2019 → 2025
Working capital
€167k▲ 17.6%
2024 · €142k
2019: €25klowest in 7 years
2020: €54k▲ +112% vs 2019
2021: €69k▲ +29.2% vs 2020
2022: €92k▲ +33.0% vs 2021
2023: €115k▲ +24.2% vs 2022
2024: €142k▲ +23.7% vs 2023
2025: €167k▲ +17.6% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€86k▲ 21.3%€124k▲ 44.3%€147k▲ 18.7%€171k▲ 16.7%
2021: €71klowest in 5 years
2022: €86k▲ +21.3% vs 2021
2023: €124k▲ +44.3% vs 2022
2024: €147k▲ +18.7% vs 2023
2025: €171k▲ +16.7% vs 2024highest in 5 years
Operating result€17k-€22k▲ 30.8%€54k▲ 142%€68k▲ 25.5%€37k▼ 46.3%
2021: €17klowest in 5 years
2022: €22k▲ +30.8% vs 2021
2023: €54k▲ +142% vs 2022
2024: €68k▲ +25.5% vs 2023highest in 5 years
2025: €37k▼ -46.3% vs 2024
Net result€11k-€15k▲ 31.4%€38k▲ 152%€49k▲ 29.7%€25k▼ 50.1%
2021: €11klowest in 5 years
2022: €15k▲ +31.4% vs 2021
2023: €38k▲ +152% vs 2022
2024: €49k▲ +29.7% vs 2023highest in 5 years
2025: €25k▼ -50.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets
€4k ▼ 9.0%
Current assets
€180k ▼ 7.0%
Equity and liabilities €184k
Equity
€171k ▲ 16.7%
Debt
€13k ▼ 74.4%
Debt's share of the balance-sheet total falls from 26.0% to 7.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €70k
Cash flow
€26k▼
2024 · €51k
Current ratio
13.63▲
2024 · 3.75
Debt to equity
0.08▼
2024 · 0.35
ROE
14.3%▼
2024 · 33.5%
ROA
13.3%▼
2024 · 24.8%
Interest coverage
276.58▲
2024 · 208.16
Debt ≤ 1 year
€13k▼
2024 · €52k
Income taxes
€14k▼
2024 · €20k
Staff costs
€0▼
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€198k€184k▼
Fixed assets21/28€5k€4k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€344€1k▲
Current assets29/58€194k€180k▼
Amounts receivable within one year40/41€44k€26k▼
Trade receivables40€33k€6k▼
Other amounts receivable41€12k€20k▲
Cash at bank and in hand54/58€147k€153k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€198k€184k▼
Equity10/15€147k€171k▲
Contributions10/11€6k€6k=
Reserves13€141k€165k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€3k€0▼
Distributable reserves133€138k€165k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€52k€13k▼
Amounts payable within one year42/48€52k€13k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€8k€13k▲
Suppliers440/4€8k€13k▲
Taxes, remuneration and social security45€18k€0▼
Taxes450/3€15k€0▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€26k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€35k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€677€667▼
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€109k€39k▼
Operating profit (loss)9901€68k€37k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€335€138▼
Recurring financial charges65€335€138▼
Profit (loss) for the period before taxes9903€69k€38k▼
Income taxes67/77€20k€14k▼
Profit (loss) for the period9904€49k€25k▼
Transfer from tax-exempt reserves789-€3k
Profit (loss) for the period to be appropriated9905€49k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€27k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€26k€0▼
Transfer to equity691/2€49k€27k▼
To other reserves6921€49k€27k▼
Profit to be distributed694/7€26k€0▼
Return on contributions (dividend)694€26k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €10k | - |
| Remuneration, social security and pensions62 | - | - | €14k | €35k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €12k | €10k | €2k | €2k | ▼ 13.2% |
| Other operating charges640/8 | €111 | €426 | €125 | €677 | €667 | ▼ 1.5% |
| Non-recurring operating charges66A | - | - | - | €4k | €0 | ▼ 100% |
| Gross operating margin9900 | €29k | €35k | €78k | €109k | €39k | ▼ 64.4% |
| Operating profit (loss)9901 | €17k | €22k | €54k | €68k | €37k | ▼ 46.3% |
| Financial income75/76B | €0 | €156 | €1 | €1k | €2k | ▲ 75.5% |
| Recurring financial income75 | €0 | €156 | €1 | €1k | €2k | ▲ 75.5% |
| Financial charges65/66B | €1k | €1k | €1k | €335 | €138 | ▼ 59.0% |
| Recurring financial charges65 | €1k | €1k | €1k | €335 | €138 | ▼ 59.0% |
| Profit (loss) for the period before taxes9903 | €16k | €22k | €53k | €69k | €38k | ▼ 44.5% |
| Income taxes67/77 | €5k | €6k | €15k | €20k | €14k | ▼ 30.4% |
| Profit (loss) for the period9904 | €11k | €15k | €38k | €49k | €25k | ▼ 50.1% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €3k | - |
| Profit (loss) for the period to be appropriated9905 | €11k | €15k | €38k | €49k | €27k | ▼ 44.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101k | €120k | €158k | €198k | €184k | ▼ 7.0% |
| Fixed assets21/28 | €24k | €13k | €9k | €5k | €4k | ▼ 9.0% |
| Intangible fixed assets21 | - | - | €3k | €3k | €2k | ▼ 27.3% |
| Tangible fixed assets22/27 | €24k | €13k | €6k | €2k | €3k | ▲ 10.5% |
| Plant, machinery and equipment23 | €8k | €5k | €5k | €2k | €2k | ▼ 25.6% |
| Furniture and vehicles24 | €16k | €8k | €931 | €344 | €1k | ▲ 222% |
| Current assets29/58 | €77k | €107k | €149k | €194k | €180k | ▼ 7.0% |
| Amounts receivable within one year40/41 | €17k | €20k | €30k | €44k | €26k | ▼ 40.9% |
| Trade receivables40 | €13k | €17k | €30k | €33k | €6k | ▼ 80.5% |
| Other amounts receivable41 | €3k | €3k | €0 | €12k | €20k | ▲ 71.5% |
| Cash at bank and in hand54/58 | €59k | €86k | €117k | €147k | €153k | ▲ 4.2% |
| Deferred charges and accrued income490/1 | €1k | €622 | €1k | €3k | €1k | ▼ 58.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101k | €120k | €158k | €198k | €184k | ▼ 7.0% |
| Equity10/15 | €71k | €86k | €124k | €147k | €171k | ▲ 16.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €64k | €79k | €117k | €141k | €165k | ▲ 17.5% |
| Non-distributable reserves130/1 | €620 | €620 | €620 | €0 | - | - |
| Reserves not available under the articles1311 | €620 | €620 | €620 | €0 | - | - |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €0 | ▼ 100% |
| Distributable reserves133 | €60k | €75k | €114k | €138k | €165k | ▲ 19.8% |
| Profit (loss) carried forward14 | €624 | €684 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €30k | €34k | €34k | €52k | €13k | ▼ 74.4% |
| Amounts payable after more than one year17 | €23k | €20k | €0 | - | - | - |
| Financial debts170/4 | €23k | €20k | €0 | - | - | - |
| Amounts payable within one year42/48 | €8k | €15k | €34k | €52k | €13k | ▼ 74.4% |
| Current portion of amounts payable after more than one year42 | €3k | €3k | €2k | €0 | - | - |
| Financial debts43 | €0 | €58 | €2k | €0 | - | - |
| Credit institutions430/8 | €0 | €58 | €2k | €0 | - | - |
| Trade debts44 | €2k | €5k | €4k | €8k | €13k | ▲ 67.1% |
| Suppliers440/4 | €2k | €5k | €4k | €8k | €13k | ▲ 67.1% |
| Taxes, remuneration and social security45 | €884 | €6k | €25k | €18k | €0 | ▼ 100% |
| Taxes450/3 | €884 | €3k | €18k | €15k | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €3k | €7k | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | €1k | €1k | €2k | €26k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €15k | €38k | €49k | €25k | ▼ 50.1% |
| + Depreciation and write-downs630 | €12k | €12k | €10k | €2k | €2k | ▼ 13.2% |
| Operating cash flow (approximation) | €23k | €27k | €48k | €51k | €26k | ▼ 48.8% |
| Investment in fixed assets (approximation) | - | €-1k | €-6k | €2k | €-1k | ▼ 150% |
| Change in cash | - | €27k | €31k | €29k | €6k | ▼ 78.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 13.63
Current ratio from 3.75 to 13.63; short-term debt falls from €52k to €13k.
31-12
Financial
Equity above €150kEq €171k ▲16.7%
7 profitable years in a row build equity to €171k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2019net €49k ▲29.7%
Operating result €68k, net result €49k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €124k ▲44.3%
5 profitable years in a row build equity to €124k.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼49.2%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 10.24
Current ratio from 4.48 to 10.24; short-term debt falls from €15k to €8k.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Roeselare · 1 establishment unit since 2023
Ground area
187 m²
Building footprint
63 m²
Volume, LiDAR
403 m³
Parcel 36302B0225/00G002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PQ-CONSULT
since 20232.346.322.706
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B0225/00G002 | Flanders | 187 m² | 1 · 63 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 4 entries · 1,193 EUR awarded · 1,106 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 36 EUR | 36 EUR |
| 2024 | 1 | 695 EUR | 695 EUR |
| 2023 | 1 | 312 EUR | 225 EUR |
| 2022 | 1 | 150 EUR | 150 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 1,517 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.