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PROJECT & QUALITY SERVICES

Active
Private limited companyfounded 201412 yrs activeRue des Ecoles 22, 1330 Rixensart, BelgiumKBO/BCE: BE 0546.563.524

PROJECT & QUALITY SERVICES has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €25k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
90 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+22
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 4.91 against 3.42 in 2023; short-term debt: 13.5% and cash: 20.8% of total assets), and 13.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
95 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€113k▲ 2.9%
2023 · €110k
2018: €76k 2019: €78k 2020: €69k 2021: €117k 2022: €137k 2023: €110k
2018 → 2024
Total assets
€131k▼ 4.3%
2023 · €136k
2018: €160k 2019: €120k 2020: €88k 2021: €170k 2022: €157k 2023: €136k
2018 → 2024
Net result
€25k▲ 786%
2023 · €3k
2018: €31k 2019: €11k 2020: €-9k 2021: €48k 2022: €20k 2023: €3k
2018 → 2024
Working capital
€69k▲ 13.2%
2023 · €61k
2018: €53k 2019: €53k 2020: €43k 2021: €84k 2022: €80k 2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€69k-€117k▲ 70.2%€137k▲ 17.2%€110k▼ 19.8%€113k▲ 2.9%
Operating result€-8k-€62k€49k▼ 21.6%€17k▼ 64.7%€38k▲ 122%
Net result€-9k-€48k€20k▼ 58.3%€3k▼ 85.8%€25k▲ 786%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €-8k€-8kNet result 2020: €-9k€-9kOperating result 2021: €62k€62kNet result 2021: €48k€48kOperating result 2022: €49k€49kNet result 2022: €20k€20kOperating result 2023: €17k€17kNet result 2023: €3k€3kOperating result 2024: €38k€38kNet result 2024: €25k€25k20202021202220232024
The operating result recovers in 2024; 2024 is 122% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131k
Fixed assets €44k▼ 12.5%
Current assets €87k▲ 0.5%
Equity and liabilities €131k
Equity €113k▲ 2.9%
Debt €18k▼ 33.9%
The debt ratio falls from 19.5% to 13.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€49k
2023 · €28k
Cash flow
€36k
2023 · €13k
Solvency
86.5%
2023 · 80.5%
Current ratio
4.91
2023 · 3.42
Quick ratio
4.91
2023 · 3.42
Debt / equity
0.16
2023 · 0.24
ROE
22.4%
2023 · 2.6%
ROA
19.4%
2023 · 2.1%
Interest coverage
14.13
2023 · 7.91
Debt
€18k
2023 · €27k
Debt ≤ 1 year
€18k
2023 · €25k
Income taxes
€10k
2023 · €11k
Staff costs
€732
2023 · €510
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€136k€131k
Formation expenses20€0€0=
Fixed assets21/28€50k€44k
Tangible fixed assets22/27€50k€44k
Land and buildings22€27k€26k
Plant, machinery and equipment23€241€471
Furniture and vehicles24€23k€18k
Financial fixed assets28€60€60=
Current assets29/58€86k€87k
Amounts receivable within one year40/41€68k€59k
Trade receivables40€48k€27k
Other amounts receivable41€20k€33k
Cash at bank and in hand54/58€19k€27k
Equity and liabilities
Total equity and liabilities10/49€136k€131k
Equity10/15€110k€113k
Contributions10/11€6k€6k=
Reserves13€74k€77k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€71€71=
Distributable reserves133€72k€75k
Profit (loss) carried forward14€30k€30k
Amounts payable17/49€27k€18k
Amounts payable within one year42/48€25k€18k
Current portion of amounts payable after more than one year42€1k€1k
Trade debts44€6k€1k
Suppliers440/4€6k€1k
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€16k€15k
Taxes450/3€16k€15k
Accrued charges and deferred income492/3€1k-
Income statement Code20232024
Remuneration, social security and pensions62€510€732
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k
Other operating charges640/8€17k€6k
Gross operating margin9900€45k€55k
Operating profit (loss)9901€17k€38k
Financial income75/76B-€12
Recurring financial income75-€12
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€14k€35k
Income taxes67/77€11k€10k
Profit (loss) for the period9904€3k€25k
Profit (loss) for the period to be appropriated9905€3k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€32k€55k
Profit (loss) brought forward from the previous period14P€30k€30k
Transfer to equity691/2€3k€25k
To other reserves6921€3k€25k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial Equity above €100kEq €117k ▲70.2%
Equity rises from €69k to €117k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet €-9k ▼189%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
03-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Rixensart · 1 establishment unit since 2014
establishment The establishment unit on the map
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 des Ecoles 221330 Rixensart
Ground area
309 m²
Building footprint
139 m²
Volume, LiDAR
923 m³
Parcel 25091A1222/00_000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Ecoles 22, 1330 Rixensart
IT consultancy
since 20142.292.882.535
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25091A1222/00_000 Wallonia 309 m² 1 · 139 m² 10.1 m · 3 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.

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,543 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-02-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.