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Q

Active
Private limited companyfounded 2010active for 16 yearsGaston Geenslaan 80, 3200 Aarschot, BelgiumKBO/BCE: BE 0822.386.388
Summary

Q has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€178,962) and a net result of €162,543. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 7% of 9,723 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
1 site
Size
€390,234total assets 2025
Equity
-€178,962
Profit
€162,543
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
LHOMAX · 100%
  • LHOMAXDirector · permanent representative LHOIR David
Auditor: PKF Bofidi AuditAccounts 7 days early1 of 6 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€178,962Liquidity: current ratio 0.69, cash €1,576, halvedlowers riskSize: total assets €390,234Founded in 2010Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -45.9% of total assets
Liquidity 1-1
short-term debt 145.0% · cash 0.4%
Profitability 100=
return on assets 41.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.8%▲ +0.2 percentage points vs 03-2025 05-2025: 1.1%▲ +0.3 percentage points vs 04-2025 06-2025: 0.5%▼ -0.6 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▼ -0.1 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.2 percentage points vs 03-2026 05-2026: 0.9%▲ +0.2 percentage points vs 04-2026 06-2026: 1.2%▲ +0.3 percentage points vs 05-2026 07-2026: 1.6%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 0.6%▼ -1.0 percentage point vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.69, compared with 0.53 in 2024, below 1; short-term debt: 145% and cash: 0.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 6% on solvency, 3% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €390,234
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€178,962
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.69, cash €1,576, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 9723 sector peers (2025).
NBB · sector comparison
Position among 9723 sector peers
Solvency
better than 7%
← weakest strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
on the day
2023
7 days early
2022
44 days early
2021
1 day early
2020
1 day early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: LHOMAX (director)Appointments: LHOMAX (director) and PKF…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€178,962 View
  • Caution: Among the weakest 5% on equitysector median €366,971 · 9,719 companies -€178,962 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by LHOMAX 100% View
  • Positive: Equity rose in 2025from -€341,505 to -€178,962 ▲ 47.6% View
  • Positive: 7 profitable years in a rowprofit 2025: €162,543 7 years View
  • New directorlatest change 22-10-2025 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€390,234
Profit
€162,543
Solvency
-45.9%
Total assets▲ 3.2%
Net result
20192025
Go to Financials

Timeline

Events
17
Since
2011
  1. 23-04-2024Annual accounts filed
  2. 17-03-2023Annual accounts filed
  3. 29-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
14-01-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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