Financials
- Financial year
- 2025
- Total assets
- €128,831
- Profit
- €16,567
- Solvency
- 60.9%
Total assets▼ 3.4%
Net result
20182025
Q-GLASS
ActiveThe file of Q-GLASS contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 0.5% (very low). The 2025 annual accounts show equity of €78,445 and a net result of €16,567. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 72% of 3,213 sector peers (NACE 95, financial year 2025).
Overview
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311Repair and fitting of specific motor vehicle parts NACE 95313
4th oldest company in Herentals, Other services sector1 site
Size
€128,831total assets 2025
- Equity
- €78,445
- Profit
- €16,567
Turnover not published (abbreviated or micro format)
Structure
Accounts filed 52 days late0 of 4 deeds read
Why 83raises riskLatest accounts 52 days late; 3 of the last 3 lateSize: total assets €128,831Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskFounded in 1986Show the evidence
Checked score
Score 2025
83
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Strong
Solvency
86+15
equity 60.9% of total assets
Liquidity
45+9
short-term debt 39.1% · cash 10.8%
Profitability
70+23
return on assets 12.9%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Credit of up to €6,000 on 30-day terms, only on tighter conditions: historical bankruptcy publications
Liquidity ample (current ratio 2.55, compared with 1.86 in 2024, above the usual 1.5; short-term debt: 39.1% and cash: 10.8% of total assets), and 39.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 71% on solvency, 39% on liquidity, 41% on profitability and 74% on growth.
The bankruptcy probability was computed on 17-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
52 days late
2024
31 days late
2023
149 days late
2022
151 days late
2021
517 days late
2020
89 days late
2019
98 days late
← 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 155 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 December (4 of the last 5 filed years within 119 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €16,567 ▲221%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 39
- Since
- 1988
- Next accounts
- by 31-07-2027
- 27-12-2024Annual accounts filed
- 30-12-2023Annual accounts filed
- 29-12-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General maintenance and repair of cars and light…NACE 95311
- Founded
- 26-11-1986
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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