Q-fin
ActiveQ-fin has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-86k) and a net result of €-20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.28 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-101%
Return on assets
-23.3%
Age of the figures
20 mo
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
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€86k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
68 d late
2022
30 d late
2021
96 d late
2020
569 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-86k▼ 86.5%
2023 · €-46k
2018: €137k
2019: €164k
2020: €211k
2021: €235k
2022: €63k
2023: €-46k
2018 → 2024
Total assets
€85k▼ 64.1%
2023 · €236k
2018: €402k
2019: €424k
2020: €623k
2021: €657k
2022: €387k
2023: €236k
2018 → 2024
Net result
€-20k▲ 70.1%
2023 · €-66k
2018: €60k
2019: €26k
2020: €63k
2021: €39k
2022: €-137k
2023: €-66k
2018 → 2024
Working capital
€-163k▲ 10.2%
2023 · €-181k
2018: €24k
2019: €40k
2020: €-179k
2021: €-140k
2022: €-209k
2023: €-181k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€211k-€235k▲ 11.2%€63k▼ 73.3%€-46k€-86k▼ 86.5%
Operating result€86k-€54k▼ 37.6%€24k▼ 54.4%€108k▲ 341%€13k▼ 88.1%
Net result€63k-€39k▼ 38.2%€-137k€-66k▲ 51.8%€-20k▲ 70.1%
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 2024; 2024 is 88% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€82k▼ 50.8%
Current assets
€3k▼ 95.8%
Key figures and ratios
EBITDA
€18k▼
2023 · €113k
Cash flow
€-15k▲
2023 · €-61k
Solvency
-101.0%▼
2023 · -19.5%
Current ratio
0.02▼
2023 · 0.28
Quick ratio
0.02▼
2023 · 0.28
Debt / equity
-1.93▲
2023 · -6.03
ROE
23.1%▼
2023 · 143.8%
ROA
-23.3%▲
2023 · -28.0%
Interest coverage
3.29▼
2023 · 24.88
Debt
€166k▼
2023 · €277k
Debt ≤ 1 year
€166k▼
2023 · €251k
Income taxes
€34k▲
2023 · €15k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€236k€85k▼
Fixed assets21/28€167k€82k▼
Tangible fixed assets22/27€87k€81k▼
Land and buildings22€66k€63k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€0-
Other tangible fixed assets26€18k€17k▼
Financial fixed assets28€80k€577▼
Current assets29/58€70k€3k▼
Amounts receivable within one year40/41€46k€942▼
Other amounts receivable41€46k€942▼
Cash at bank and in hand54/58€24k€2k▼
Equity and liabilities
Total equity and liabilities10/49€236k€85k▼
Equity10/15€-46k€-86k▼
Contributions10/11€7k€7k=
Reserves13€129k€129k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€122k€122k=
Profit (loss) carried forward14€-182k€-222k▼
Provisions and deferred taxes16€5k€5k=
Provisions for liabilities and charges160/5€5k€5k=
Pensions and similar obligations160€5k€5k=
Amounts payable17/49€277k€166k▼
Amounts payable after more than one year17€25k-
Financial debts170/4€25k-
Amounts payable within one year42/48€251k€166k▼
Current portion of amounts payable after more than one year42€42k€30k▼
Trade debts44€19k€6k▼
Suppliers440/4€19k€6k▼
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€10k▼
Other amounts payable47/48€177k€119k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Non-recurring operating income76A€21k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€10k€83k▲
Gross operating margin9900€123k€105k▼
Operating profit (loss)9901€108k€13k▼
Financial income75/76B€1€12k▲
Recurring financial income75€1€12k▲
Financial charges65/66B€159k€10k▼
Recurring financial charges65€5k€5k▲
Non-recurring financial charges66B€155k€5k▼
Profit (loss) for the period before taxes9903€-52k€14k▲
Income taxes67/77€15k€34k▲
Profit (loss) for the period9904€-66k€-20k▲
Profit (loss) for the period to be appropriated9905€-66k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-139k€-202k▼
Profit (loss) brought forward from the previous period14P€-73k€-182k▼
Profit to be distributed694/7€43k€20k▼
Directors or managers695€43k€20k▼
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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 569 days late
2022
31-12
Financial
Weakest financial yearnet €-137k ▼455%
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
2020
31-12
Financial
Highest result since 2018net €63k ▲137%
Net result €63k, the highest in the series.
31-12
Financial
Equity above €200kEq €211k ▲29%
3 profitable years in a row build equity to €211k.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Equity above €150kEq €164k ▲19.3%
2 profitable years in a row build equity to €164k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brasschaat · 1 establishment unit since 2010
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.
Brechtsebaan 2012930 BrasschaatGround area
4,334 m²
Building footprint
260 m²
Volume, LiDAR
1,455 m³
Parcel 11322C0003/00V003, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-fin
since 20102.186.871.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322C0003/00V003 | Flanders | 4,334 m² | 1 · 260 m² | 6.2 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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 39,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
66290Activities auxiliary to financial services and insurance activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.