Q-Building
ActiveSummary
Q-Building has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €708,200 and a net result of -€153,292. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 2083 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-18
Solvency37=
Growth65▼-13
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 1.12 in 2024; short-term debt: 86.1% and cash: 0% of total assets), and 88.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
11.9%
Return on assets
-2.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2083 sector peers (2025).
NBB · sector comparisonPosition among 2083 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
20 d early
2023
15 d early
2022
62 d early
2021
86 d early
2020
111 d early
2019
78 d early
← 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 54 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 10 April (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#10 company by total assets in Lommel, Construction sector
Turnover
€18.2m▲ 17.1%
2024 · €15.5m
EBIT margin
-0.4%▼ 1.4pp
2024 · 1.0%
Net result
-€153,292
2024 · €62,960
Working capital
€516,183▼ 30.9%
2024 · €746,481
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€15.5m€18.2m▲ 17.1%
Operating result€200,394▼ 5.6%€234,509▲ 17.0%€164,201▼ 30.0%€161,522▼ 1.6%-€66,962
Net result€52,642within the sector's middle half▲ 26.7%€80,365within the sector's middle half▲ 52.7%€117,071within the sector's middle half▲ 45.7%€62,960within the sector's middle half▼ 46.2%-€153,292below the sector's middle half
EBIT margin1.0%-0.4%▼ 1.4pp
Equity€601,096within the sector's middle half▲ 9.6%€681,461within the sector's middle half▲ 13.4%€798,532above the sector's middle half▲ 17.2%€861,492above the sector's middle half▲ 7.9%€708,200within the sector's middle half▼ 17.8%
Total assets€4.1mabove the sector's middle half▲ 0.3%€5.2mabove the sector's middle half▲ 25.7%€5.7mabove the sector's middle half▲ 10.8%€7.1mabove the sector's middle half▲ 23.2%€5.9mabove the sector's middle half▼ 15.8%
Debt€3.5m▼ 1.1%€4.5m▲ 27.8%€4.9m▲ 9.8%€6.2m▲ 25.7%€5.2m▼ 15.5%
Working capital€999,138above the sector's middle half▲ 3.8%€960,026above the sector's middle half▼ 3.9%€754,349above the sector's middle half▼ 21.4%€746,481above the sector's middle half▼ 1.0%€516,183within the sector's middle half▼ 30.9%
Solvency14.6%below the sector's middle half▲ 1.2pp13.2%below the sector's middle half▼ 1.4pp13.9%below the sector's middle half▲ 0.8pp12.2%below the sector's middle half▼ 1.7pp11.9%below the sector's middle half▼ 0.3pp
Current ratio1.36within the sector's middle half▲ 0.011.25within the sector's middle half▼ 0.111.16below the sector's middle half▼ 0.101.12below the sector's middle half▼ 0.041.10below the sector's middle half▼ 0.02
Return on assets (ROA)1.3%below the sector's middle half▲ 0.3pp1.6%within the sector's middle half▲ 0.3pp2.0%within the sector's middle half▲ 0.5pp0.9%within the sector's middle half▼ 1.1pp-2.6%below the sector's middle half▼ 3.5pp
Staff (FTE)14.6above the sector's middle half▲ 5.0%14.1above the sector's middle half▼ 3.4%14.5above the sector's middle half▲ 2.8%16.7within the sector's middle half▲ 15.2%15.7within the sector's middle half▼ 6.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Staff figure corrected
- 2024 Filed: 13,859.6; shown: 16.7 (source: social balance report). The filed figure means under EUR 100 of staff costs per FTE.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €66,962 after €161,522 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.9m
Fixed assets
€311,430 ▲ 89.3%
Current assets
€5.6m ▼ 18.3%
Equity and liabilities €5.9m
Equity
€708,200 ▼ 17.8%
Debt
€5.2m ▼ 15.5%
Debt's share of the balance-sheet total rises from 87.8% to 88.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€33,722▼
2024 · €185,174
Cash flow
-€120,051▼
2024 · €86,612
Quick ratio
0.82▼
2024 · 0.93
Debt to equity
7.40▲
2024 · 7.20
ROE
-21.6%▼
2024 · 7.3%
Interest coverage
-0.35▼
2024 · 2.39
Debt ≤ 1 year
€5.1m▼
2024 · €6.2m
Debt > 1 year
€119,413▲
2024 · €44,103
Income taxes
€0▼
2024 · €39,401
Staff costs
€1.1m▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
1.0%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 1,423 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €15.7m | €18.6m | ▲ 18.3% |
| Turnover70 | - | - | - | €15.5m | €18.2m | ▲ 17.1% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €201,108 | €432,308 | ▲ 115% |
| Other operating income74 | - | - | - | €16,556 | €3,415 | ▼ 79.4% |
| Operating charges60/66A | - | - | - | €15.6m | €18.7m | ▲ 19.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €12.2m | €14.8m | ▲ 21.6% |
| Purchases600/8 | - | - | - | €12.1m | €14.9m | ▲ 22.6% |
| Change in stocks: decrease (increase)609 | - | - | - | €25,502 | -€90,829 | ▼ 456% |
| Services and other goods61 | - | - | - | €2.2m | €2.6m | ▲ 18.4% |
| Remuneration, social security and pensions62 | - | €917,664 | €1.1m | €1.1m | €1.1m | ▼ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,896 | €39,799 | €20,327 | €23,652 | €33,241 | ▲ 40.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | €0 | - | - |
| Other operating charges640/8 | - | €13,160 | €6,372 | €0 | €5,016 | - |
| Non-recurring operating charges66A | - | - | €110,708 | €34,383 | €144,692 | ▲ 321% |
| Gross operating margin9900 | €1.3m | €1.2m | €1.4m | - | - | - |
| Operating profit (loss)9901 | €200,394 | €234,509 | €164,201 | €161,522 | -€66,962 | ▼ 141% |
| Financial income75/76B | - | €26,147 | €45,787 | €37,268 | €27,207 | ▼ 27.0% |
| Recurring financial income75 | €9,829 | €26,147 | €45,787 | €37,268 | €27,207 | ▼ 27.0% |
| Income from financial fixed assets750 | - | - | - | €0 | - | - |
| Income from current assets751 | - | - | - | €37,268 | €27,207 | ▼ 27.0% |
| Other financial income752/9 | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €119,887 | €42,061 | €96,428 | €113,537 | ▲ 17.7% |
| Recurring financial charges65 | €117,847 | €119,887 | €40,734 | €96,428 | €113,537 | ▲ 17.7% |
| Debt charges650 | - | - | - | €77,483 | €95,705 | ▲ 23.5% |
| Other financial charges652/9 | - | - | - | €18,945 | €17,832 | ▼ 5.9% |
| Non-recurring financial charges66B | - | - | €1,327 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €92,376 | €140,769 | €167,926 | €102,361 | -€153,292 | ▼ 250% |
| Income taxes67/77 | €39,734 | €60,405 | €50,855 | €39,401 | €0 | ▼ 100% |
| Taxes670/3 | - | - | - | €39,401 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €52,642 | €80,365 | €117,071 | €62,960 | -€153,292 | ▼ 343% |
| Profit (loss) for the period to be appropriated9905 | €52,642 | €80,365 | €117,071 | €62,960 | -€153,292 | ▼ 343% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €5.2m | €5.7m | €7.1m | €5.9m | ▼ 15.8% |
| Fixed assets21/28 | €351,580 | €421,908 | €159,527 | €164,514 | €311,430 | ▲ 89.3% |
| Tangible fixed assets22/27 | €75,015 | €145,343 | €159,527 | €164,514 | €311,430 | ▲ 89.3% |
| Land and buildings22 | - | €18,983 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €116,863 | €102,932 | €98,605 | €257,043 | ▲ 161% |
| Furniture and vehicles24 | - | €9,497 | €6,646 | €11,249 | €7,108 | ▼ 36.8% |
| Other tangible fixed assets26 | - | - | €49,949 | €54,660 | €47,280 | ▼ 13.5% |
| Financial fixed assets28 | €276,565 | €276,565 | €0 | - | - | - |
| Current assets29/58 | €3.8m | €4.8m | €5.6m | €6.9m | €5.6m | ▼ 18.3% |
| Stocks and contracts in progress3 | €569,198 | €384,045 | €700,632 | €1.2m | €1.5m | ▲ 24.7% |
| Stocks30/36 | - | €384,045 | €449,284 | €716,047 | €572,267 | ▼ 20.1% |
| Goods purchased for resale34 | - | - | - | €716,047 | €572,267 | ▼ 20.1% |
| Property held for sale35 | - | - | - | - | €0 | - |
| Contracts in progress37 | - | - | €251,348 | €452,456 | €884,765 | ▲ 95.5% |
| Amounts receivable within one year40/41 | €3.2m | €4.1m | €4.5m | €5.7m | €4.1m | ▼ 27.4% |
| Trade receivables40 | - | €3.3m | €3.3m | €4.0m | €2.0m | ▼ 50.3% |
| Other amounts receivable41 | - | €842,624 | €1.3m | €1.7m | €2.2m | ▲ 25.3% |
| Cash at bank and in hand54/58 | €6,226 | €255,322 | €323,086 | €48,433 | €2,576 | ▼ 94.7% |
| Deferred charges and accrued income490/1 | - | €0 | €6,164 | €10,247 | €58,849 | ▲ 474% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €5.2m | €5.7m | €7.1m | €5.9m | ▼ 15.8% |
| Equity10/15 | €601,096 | €681,461 | €798,532 | €861,492 | €708,200 | ▼ 17.8% |
| Contributions10/11 | - | €488,145 | €488,145 | €488,145 | €488,145 | = |
| Reserves13 | €48,815 | €48,815 | €310,387 | €373,347 | €373,347 | = |
| Non-distributable reserves130/1 | - | €48,815 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €48,815 | €0 | - | - | - |
| Distributable reserves133 | - | - | €310,387 | €373,347 | €373,347 | = |
| Profit (loss) carried forward14 | €64,137 | €144,502 | €0 | - | -€153,292 | - |
| Amounts payable17/49 | €3.5m | €4.5m | €4.9m | €6.2m | €5.2m | ▼ 15.5% |
| Amounts payable after more than one year17 | €749,621 | €700,473 | €95,843 | €44,103 | €119,413 | ▲ 171% |
| Financial debts170/4 | - | €700,473 | €95,843 | €44,103 | €119,413 | ▲ 171% |
| Credit institutions173 | - | - | - | €44,103 | €119,413 | ▲ 171% |
| Amounts payable within one year42/48 | €2.8m | €3.8m | €4.8m | €6.2m | €5.1m | ▼ 16.8% |
| Current portion of amounts payable after more than one year42 | - | €74,148 | €75,479 | €76,740 | €115,474 | ▲ 50.5% |
| Financial debts43 | - | - | €1.1m | €1.1m | €1.1m | = |
| Credit institutions430/8 | - | - | €1.1m | €1.1m | €1.1m | = |
| Trade debts44 | €2.7m | €3.6m | €3.5m | €4.9m | €3.8m | ▼ 22.1% |
| Suppliers440/4 | - | €3.6m | €3.5m | €4.9m | €3.8m | ▼ 22.1% |
| Taxes, remuneration and social security45 | - | €84,648 | €92,130 | €82,224 | €76,259 | ▼ 7.3% |
| Taxes450/3 | - | €49,899 | €31,508 | €26,175 | €993 | ▼ 96.2% |
| Remuneration and social security454/9 | - | €34,749 | €60,622 | €56,050 | €75,266 | ▲ 34.3% |
| Other amounts payable47/48 | - | €19,309 | €8,341 | €43,373 | €49,005 | ▲ 13.0% |
| Accrued charges and deferred income492/3 | - | - | €19,500 | €5,400 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,642 | €80,365 | €117,071 | €62,960 | -€153,292 | ▼ 343% |
| + Depreciation and write-downs630 | €60,896 | €39,799 | €20,327 | €23,652 | €33,241 | ▲ 40.5% |
| Operating cash flow (approximation) | €113,538 | €120,164 | €137,399 | €86,612 | -€120,051 | ▼ 239% |
| Investment in fixed assets (approximation) | - | -€110,128 | €242,054 | -€28,640 | -€180,157 | ▼ 529% |
| Change in cash | - | €249,096 | €67,764 | -€274,652 | -€45,857 | ▲ 83.3% |
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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Weakest financial yearnet -€153,292
Net result drops to -€153,292, the lowest in the series.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €117,071 ▲45.7%
Net result €117,071, the highest in the series.
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €500,000Eq €506,896 ▲8%
2 profitable years in a row build equity to €506,896.
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Lommel · 1 establishment unit since 2008
Ground area
1,551 m²
Building footprint
434 m²
Volume, LiDAR
2,629 m³
Parcel 72020C1399/00R010, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Q-Building
since 20082.172.829.395
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1399/00R010 | Flanders | 1,551 m² | 1 · 434 m² | 6.8 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.
Structure & network
Owners and holdings
3 ownersOwners 3
- Sonia Deckxnatural personSourceown accounts 30-09-202433.38%
- Marnick Staesnatural personSourceown accounts 30-09-202433.31%
- Niels Staesnatural personSourceown accounts 30-09-202433.31%
Holdings 0
The accounts to 30-09-2024 list no holdings, and no other source names one.
According to the annual accounts to 30-09-2024 of Q-Building and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
4 categoriesQ-Building BV38838
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Identification & contact
Identification
Legal formPrivate limited company
Founded04-08-2008
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
23610Manufacture of other non-metallic mineral products
23630Manufacture of other non-metallic mineral products
43130Specialised construction activities
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899645009
Also
9925:BE0899645009
Registered
21-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.