Q-FINISH
ActiveQ-FINISH has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269k and a net result of €45k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+26
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 8.56 against 8.33 in 2024), and 11.3% of the assets are financed with debt.
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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
88.7%
Return on assets
14.9%
Age of the figures
8 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
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
65 d early
2023
on the day
2022
5 d early
2021
33 d early
2020
3 d early
2019
9 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€269k▲ 17.4%
2024 · €229k
2018: €93k
2019: €112k
2020: €148k
2021: €157k
2022: €178k
2023: €208k
2024: €229k
2018 → 2025
Total assets
€304k▲ 17.4%
2024 · €259k
2018: €120k
2019: €140k
2020: €195k
2021: €204k
2022: €219k
2023: €253k
2024: €259k
2018 → 2025
Net result
€45k▲ 69.8%
2024 · €27k
2018: €19k
2019: €19k
2020: €36k
2021: €14k
2022: €26k
2023: €36k
2024: €27k
2018 → 2025
Working capital
€260k▲ 21.0%
2024 · €215k
2018: €74k
2019: €100k
2020: €105k
2021: €135k
2022: €157k
2023: €187k
2024: €215k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€178k▲ 13.1%€208k▲ 17.3%€229k▲ 10.0%€269k▲ 17.4%
Operating result€21k-€37k▲ 76.6%€50k▲ 38.0%€37k▼ 26.3%€60k▲ 60.9%
Net result€14k-€26k▲ 80.9%€36k▲ 38.4%€27k▼ 26.0%€45k▲ 69.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 61% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€9k▼ 36.8%
Current assets
€295k▲ 20.6%
Equity and liabilities €304k
Equity
€269k▲ 17.4%
Debt
€34k▲ 17.3%
The debt ratio stays at 11.3%.
Key figures and ratios
EBITDA
€69k▲
2024 · €46k
Cash flow
€54k▲
2024 · €35k
Solvency
88.7%=
2024 · 88.7%
Current ratio
8.56▲
2024 · 8.33
Quick ratio
8.47▲
2024 · 8.11
Debt / equity
0.13▼
2024 · 0.13
ROE
16.8%▲
2024 · 11.6%
ROA
14.9%▲
2024 · 10.3%
Interest coverage
176.76▲
2024 · 90.60
Debt
€34k▲
2024 · €29k
Debt ≤ 1 year
€34k▲
2024 · €29k
Income taxes
€17k▲
2024 · €10k
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€259k€304k▲
Fixed assets21/28€14k€9k▼
Tangible fixed assets22/27€14k€9k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€3k€1k▼
Current assets29/58€245k€295k▲
Stocks and contracts in progress3€7k€3k▼
Stocks30/36€3k€3k▲
Contracts in progress37€4k-
Amounts receivable within one year40/41€10k€183▼
Trade receivables40€10k-
Other amounts receivable41€225€183▼
Cash at bank and in hand54/58€228k€291k▲
Equity and liabilities
Total equity and liabilities10/49€259k€304k▲
Equity10/15€229k€269k▲
Contributions10/11€12k€12k=
Reserves13€165k€205k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€164k€204k▲
Profit (loss) carried forward14€52k€52k=
Amounts payable17/49€29k€34k▲
Amounts payable within one year42/48€29k€34k▲
Current portion of amounts payable after more than one year42€4k€4k▼
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€5k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€321€1k▲
Gross operating margin9900€46k€70k▲
Operating profit (loss)9901€37k€60k▲
Financial income75/76B€198€3k▲
Recurring financial income75€198€3k▲
Financial charges65/66B€506€388▼
Recurring financial charges65€506€388▼
Profit (loss) for the period before taxes9903€37k€63k▲
Income taxes67/77€10k€17k▲
Profit (loss) for the period9904€27k€45k▲
Profit (loss) for the period to be appropriated9905€27k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€97k▲
Profit (loss) brought forward from the previous period14P€52k€52k=
Transfer from equity791/2€6k€5k▼
Transfer to equity691/2€27k€45k▲
To other reserves6921€27k€45k▲
Profit to be distributed694/7€6k€5k▼
Return on contributions (dividend)694€6k€5k▼
The notes to these accounts (7 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Highest result since 2018net €45k ▲69.8%
Operating result €60k, net result €45k, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €208k ▲17.3%
6 profitable years in a row build equity to €208k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €14k ▼59.5%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €157k ▲6.2%
4 profitable years in a row build equity to €157k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €112k ▲20.8%
2 profitable years in a row build equity to €112k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Berlare · 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.
Overheet(B) 33A9290 BerlareGround area
1,277 m²
Building footprint
180 m²
Volume, LiDAR
984 m³
Parcel 42003C0675/00B000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-FINISH
since 20132.228.926.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003C0675/00B000 | Flanders | 1,277 m² | 1 · 180 m² | 9.8 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 747 companies in sector 43422 we hold annual accounts for 421. 313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2013
Fiscal year end31-12
Activities, NACEBEL
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.