Q-ADSL
ActiveQ-ADSL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €10k. Equity is shrinking by ~22.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 14% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-5
Solvency33▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.3 in 2024; short-term debt: 66.5% and cash: 9.4% of total assets), and 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
8.2%
Return on assets
3.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8601 sector peers (2025).
NBB · sector comparisonPosition among 8601 sector peers
Solvency
better than 14%
← 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d early
2023
1 d early
2022
31 d late
2021
30 d late
2020
6 d late
2019
on the day
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€26k▲ 62.7%
2024 · €16k
2018: €79k
2019: €82k
2020: €71k
2021: €71k
2022: €11k
2023: €-10k
2024: €16k
2018 → 2025
Total assets
€313k▼ 7.0%
2024 · €336k
2018: €519k
2019: €424k
2020: €434k
2021: €474k
2022: €409k
2023: €348k
2024: €336k
2018 → 2025
Net result
€10k▼ 61.8%
2024 · €26k
2018: €130k
2019: €4k
2020: €-11k
2021: €-373
2022: €-60k
2023: €-21k
2024: €26k
2018 → 2025
Working capital
€-139k▲ 6.6%
2024 · €-149k
2018: €-89k
2019: €-77k
2020: €-99k
2021: €-117k
2022: €-177k
2023: €-197k
2024: €-149k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€11k▼ 84.5%€-10k€16k€26k▲ 62.7%
Operating result€7k-€-53k€-15k▲ 71.6%€33k€14k▼ 59.2%
Net result€-373-€-60k▼ 15,981%€-21k▲ 64.9%€26k€10k▼ 61.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €313k
Fixed assets
€244k▼ 10.2%
Current assets
€69k▲ 6.2%
Equity and liabilities €313k
Equity
€26k▲ 62.7%
Debt
€287k▼ 10.4%
The debt ratio falls from 95.3% to 91.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2024 · €63k
Cash flow
€41k▼
2024 · €55k
Solvency
8.2%▲
2024 · 4.7%
Current ratio
0.33▲
2024 · 0.30
Quick ratio
0.33▲
2024 · 0.30
Debt / equity
11.20▼
2024 · 20.33
ROE
38.5%▼
2024 · 163.9%
ROA
3.2%▼
2024 · 7.7%
Interest coverage
12.17▲
2024 · 9.00
Debt
€287k▼
2024 · €320k
Debt ≤ 1 year
€208k▼
2024 · €214k
Debt > 1 year
€79k▼
2024 · €107k
Income taxes
€0▼
2024 · €357
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€336k€313k▼
Fixed assets21/28€271k€244k▼
Tangible fixed assets22/27€268k€244k▼
Land and buildings22€255k€230k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€3k€6k▲
Financial fixed assets28€4k-
Current assets29/58€65k€69k▲
Amounts receivable within one year40/41€45k€39k▼
Trade receivables40€17k€38k▲
Other amounts receivable41€28k€740▼
Cash at bank and in hand54/58€19k€30k▲
Deferred charges and accrued income490/1€391€411▲
Equity and liabilities
Total equity and liabilities10/49€336k€313k▼
Equity10/15€16k€26k▲
Contributions10/11€122k€122k=
Capital10€122k€122k=
Issued capital100€122k€122k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-109k€-99k▲
Amounts payable17/49€320k€287k▼
Amounts payable after more than one year17€107k€79k▼
Financial debts170/4€107k€79k▼
Amounts payable within one year42/48€214k€208k▼
Current portion of amounts payable after more than one year42€33k€28k▼
Trade debts44€844€2k▲
Suppliers440/4€844€2k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€178k€177k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€31k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€375€375=
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€5k-
Gross operating margin9900€70k€50k▼
Operating profit (loss)9901€33k€14k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€26k€10k▼
Income taxes67/77€357€0▼
Profit (loss) for the period9904€26k€10k▼
Profit (loss) for the period to be appropriated9905€26k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-109k€-99k▲
Profit (loss) brought forward from the previous period14P€-135k€-109k▲
The notes to these accounts (8 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 4 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-08-2023
Resigned as Director
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2013
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.
Groenhofstraat(KMT) 543300 TienenGround area
1,558 m²
Building footprint
222 m²
Volume, LiDAR
1,210 m³
Parcel 24057C0422/00L011, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-ADSL
since 20132.216.591.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24057C0422/00L011 | Flanders | 1,557 m² | 1 · 222 m² | 8.9 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.
Similar companies · same sector, comparable size
HUGUE et DUBOIS N.V.
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EVIGA
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PLIMA
BE 1016.460.327
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TRACKERY
BE 0882.326.153
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Wesh
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Schilde · Eq €26k
Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 33,100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-01-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.