Turnover
The micro format states no turnover.
The micro format states no turnover.
The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 70, micro). It does better than 55% of them on solvency, 73% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 11,279 companies had the same profile as Q-Dect has now. Each dot stands for 29 companies, two years later.
That fits the bankruptcy probability of Q-Dect itself: < 0.1% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Q-Dect. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.53, above the usual 1.5. Short-term debt is 39.5% and cash 54.7% of total assets. 39.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Q-Dect Antwerp | €32,463 | €22,888 | 60.5% | - |
| VIVAME Lier | €39,313 | €23,112 | 36.3% | - |
| Pellegroms Innovation and Management Ranst | €32,760 | €25,713 | 62.8% | - |
| Sadsu Antwerp | €34,860 | €23,812 | 78.7% | - |
| THE WING WORKSHOP Antwerp | €35,515 | €19,231 | 55.4% | - |
| KR Service Line Harelbeke | €34,630 | €26,036 | 59.7% | - |
| Vastgoed Vandijck As | €38,030 | €21,597 | 41.3% | - |
These companies have the same main activity as Q-Dect: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €32,800 and €39,300, founded between 2024 and 2025.
Q-Dect has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,650 and a net result of €17,150.
Its solvency ranks better than 55% of 39,312 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €52,000 and €210,000.
Higher than 55% of 39,312 companies in 2025.
Higher than 57% of 37,997 companies in 2025.
Higher than 88% of 38,469 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
Total assets20/58 |
32,463 | |
Current assets29/58 |
32,463 | |
Amounts receivable within one year40/41 |
13,691 | |
Trade receivables40 |
11,135 | |
Other amounts receivable41 |
2,556 | |
Cash at bank and in hand54/58 |
17,764 | |
Deferred charges and accrued income490/1 |
1,008 | |
| Balance sheet: equity and liabilities | ||
Total equity and liabilities10/49 |
32,463 | |
Equity10/15 |
19,650 | |
Contributions10/11 |
2,500 | |
Reserves13 |
17,150 | |
Distributable reserves133 |
17,150 | |
Amounts payable17/49 |
12,813 | |
Amounts payable within one year42/48 |
12,813 | |
Trade debts44 |
2,419 | |
Suppliers440/4 |
2,419 | |
Taxes, remuneration and social security45 |
10,394 | |
Taxes450/3 |
10,394 | |
| Income statement | ||
Gross operating margin9900 |
22,888 | |
Other operating charges640/8 |
223 | |
Operating profit (loss)9901 |
22,665 | |
Financial income75/76B |
96 | |
Recurring financial income75 |
96 | |
Financial charges65/66B |
16 | |
Recurring financial charges65 |
16 | |
Profit (loss) for the period before taxes9903 |
22,745 | |
Income taxes67/77 |
5,595 | |
Profit (loss) for the period9904 |
17,150 | |
Profit (loss) for the period to be appropriated9905 |
17,150 | |
| Appropriation of the result | ||
Profit (loss) to be appropriated9906 |
17,150 | |
Transfer to equity691/2 |
17,150 | |
To other reserves6921 |
17,150 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-08-2026.
2025 annual accounts filed 6 days after the deadline. Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00384223.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-08-2026 | 2026-00384223 |
| Line | Trend | 2025 |
|---|---|---|
| Working capital | 19,650 | |
| Solvency | 60.5% | |
| Current ratio | 2.53 | |
| Debt to equity | 0.65 | |
| ROE | 87.3% | |
| ROA | 52.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Debt's share of the balance-sheet total is 39.5%.
Q-Dect has no parent and no holdings in its annual accounts. DECANT Quinten is the only director.
| Digi-Flow
registered office since 01-10-2007 · founded in 2007 · negative equity (2025) |
20 FTE (2025) 0891.694.076 |
| SmartEye
registered office since 11-10-2020 · founded in 2013 |
7.8 FTE (2025) 0542.740.338 |
| XDC Holding
registered office since 05-12-2019 · founded in 2019 |
total assets €1.3m (2025) 0738.778.625 |
| D & D INVEST
registered office since 05-04-2005 · founded in 2005 |
total assets €840,305 (2025) 0872.640.902 |
| Psystems
establishment since 01-03-2022 · founded in 2020 |
total assets €535,356 (2025) 0745.375.417 |
| MCi
establishment since 01-11-2025 · founded in 2021 · accounts filed late |
total assets €126,742 (2024) 0769.948.980 |
| PROODOS GROUP
establishment since 08-03-2024 · founded in 2024 |
total assets €24,772 (2025) 1006.923.643 |
| Clochard Group
registered office since 14-07-2026 |
founded in 2026 1040.265.612 |
| ENERGY AS A SERVICE
registered office since 01-07-2026 |
founded in 2026 1039.721.422 |
| Return
registered office since 29-01-2024 |
founded in 2024 1005.300.476 |
The connected companies are in the list below.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Terbekehofdreef 24 registered office 2610 Antwerp | 19-12-2024 | 2.368.882.728 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11463D0203/00G000 | 3,807 m² | 1 · 1,011 m² | 7.8 m · 2 |
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