Q-DEV
ActiveSummary
Q-DEV has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78,452 and a net result of €62,735. Equity is growing by ~86.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 1547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency90▼-4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.78 against 3.21 in 2023; short-term debt: 35.4% and cash: 63.5% of total assets), and 35.4% of the assets are financed with debt.
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Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
5 d early
2022
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€62,735▲ 5.2%
2023 · €59,635
Working capital
€76,300▲ 54.6%
2023 · €49,358
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result-€10,864-€72,763€79,054▲ 8.6%
Net result-€10,919-€59,635€62,735▲ 5.2%
Equity-€8,919-€50,717€78,452▲ 54.7%
Total assets€8,415-€73,004▲ 768%€121,351▲ 66.2%
Debt€17,334-€22,287▲ 28.6%€42,899▲ 92.5%
Working capital-€8,919-€49,358€76,300▲ 54.6%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121,351
Fixed assets
€2,152 ▲ 58.3%
Current assets
€119,199 ▲ 66.4%
Equity and liabilities €121,351
Equity
€78,452 ▲ 54.7%
Debt
€42,899 ▲ 92.5%
Debt's share of the balance-sheet total rises from 30.5% to 35.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79,638▲
2023 · €72,941
Cash flow
€63,320▲
2023 · €59,813
Current ratio
2.78▼
2023 · 3.21
Debt to equity
0.55▲
2023 · 0.44
ROE
80.0%▼
2023 · 117.6%
ROA
51.7%▼
2023 · 81.7%
Interest coverage
1030.38▲
2023 · 421.38
Debt ≤ 1 year
€42,899▲
2023 · €22,287
Income taxes
€16,241▲
2023 · €12,955
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €178 | €584 | ▲ 228% |
| Other operating charges640/8 | €2,582 | €389 | €341 | ▼ 12.3% |
| Gross operating margin9900 | -€8,282 | €73,330 | €79,979 | ▲ 9.1% |
| Operating profit (loss)9901 | -€10,864 | €72,763 | €79,054 | ▲ 8.6% |
| Financial charges65/66B | €28 | €173 | €77 | ▼ 55.3% |
| Recurring financial charges65 | €28 | €173 | €77 | ▼ 55.3% |
| Profit (loss) for the period before taxes9903 | -€10,893 | €72,590 | €78,977 | ▲ 8.8% |
| Income taxes67/77 | €26 | €12,955 | €16,241 | ▲ 25.4% |
| Profit (loss) for the period9904 | -€10,919 | €59,635 | €62,735 | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | -€10,919 | €59,635 | €62,735 | ▲ 5.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8,415 | €73,004 | €121,351 | ▲ 66.2% |
| Fixed assets21/28 | - | €1,359 | €2,152 | ▲ 58.3% |
| Tangible fixed assets22/27 | - | €1,359 | €2,152 | ▲ 58.3% |
| Furniture and vehicles24 | - | €1,359 | €2,152 | ▲ 58.3% |
| Current assets29/58 | €8,415 | €71,645 | €119,199 | ▲ 66.4% |
| Amounts receivable within one year40/41 | - | €14,308 | €11,934 | ▼ 16.6% |
| Trade receivables40 | - | €11,714 | €11,934 | ▲ 1.9% |
| Other amounts receivable41 | - | €2,595 | - | - |
| Current investments50/53 | - | - | €30,000 | - |
| Cash at bank and in hand54/58 | €8,415 | €56,900 | €77,001 | ▲ 35.3% |
| Deferred charges and accrued income490/1 | - | €437 | €264 | ▼ 39.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8,415 | €73,004 | €121,351 | ▲ 66.2% |
| Equity10/15 | -€8,919 | €50,717 | €78,452 | ▲ 54.7% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€10,919 | €48,717 | €76,452 | ▲ 56.9% |
| Amounts payable17/49 | €17,334 | €22,287 | €42,899 | ▲ 92.5% |
| Amounts payable within one year42/48 | €17,334 | €22,287 | €42,899 | ▲ 92.5% |
| Trade debts44 | €3,012 | €834 | €1,148 | ▲ 37.6% |
| Suppliers440/4 | €3,012 | €834 | €1,148 | ▲ 37.6% |
| Taxes, remuneration and social security45 | €5,716 | €21,453 | €39,846 | ▲ 85.7% |
| Taxes450/3 | €3,566 | €21,453 | €39,846 | ▲ 85.7% |
| Remuneration and social security454/9 | €2,150 | - | - | - |
| Other amounts payable47/48 | €8,606 | - | €1,905 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,919 | €59,635 | €62,735 | ▲ 5.2% |
| + Depreciation and write-downs630 | - | €178 | €584 | ▲ 228% |
| Operating cash flow (approximation) | -€10,919 | €59,813 | €63,320 | ▲ 5.9% |
| Investment in fixed assets (approximation) | - | - | -€1,377 | - |
| Change in cash | - | €48,485 | €20,102 | ▼ 58.5% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2022net €62,735 ▲5.2%
Operating result €79,054, net result €62,735, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €59,635
Net result €59,635 after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 3.21
Current ratio from 0.49 to 3.21.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Péruwelz · 1 establishment unit since 2022
Ground area
660 m²
Building footprint
79 m²
Volume, LiDAR
479 m³
Parcel 57090D0174/00T000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-DEV
since 20222.335.278.661
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57090D0174/00T000 | Wallonia | 660 m² | 1 · 79 m² | 7.3 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.
Similar companies · same sector, comparable size
Blue Code
BE 1007.629.565
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WENOCK SOLUTIONS
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VPROK
BE 0802.903.444
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APPSIDE
BE 0794.486.022
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PIXEO
BE 0838.033.676
Arendonk · Eq €78,327
Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,949 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Scores and ratios are computed by Checked and are not a credit decision.