Q-linair plus
ActiveQ-linair plus has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-447k) and a net result of €-596k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-17
Solvency0▼-35
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.27 in 2024; short-term debt: 24.9% and cash: 1.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-56.7%
Return on assets
-75.7%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-447k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
30 d early
2023
34 d early
2022
31 d early
2021
108 d late
2020
25 d late
2019
69 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-447k
2024 · €140k
2018: €232k
2019: €256k
2020: €271k
2021: €294k
2022: €277k
2023: €193k
2024: €140k
2018 → 2025
Total assets
€788k▼ 43.3%
2024 · €1.39M
2018: €1.51M
2019: €1.39M
2020: €1.47M
2021: €1.69M
2022: €1.64M
2023: €1.47M
2024: €1.39M
2018 → 2025
Net result
€-596k▼ 1,020%
2024 · €-53k
2018: €29k
2019: €23k
2020: €16k
2021: €23k
2022: €-17k
2023: €-84k
2024: €-53k
2018 → 2025
Working capital
€-125k▲ 58.8%
2024 · €-303k
2018: €-525k
2019: €-500k
2020: €-500k
2021: €-191k
2022: €-272k
2023: €-352k
2024: €-303k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€294k-€277k▼ 5.8%€193k▼ 30.4%€140k▼ 27.6%€-447k
Operating result€54k-€3k▼ 93.9%€-51k€-20k▲ 61.4%€-574k▼ 2,844%
Net result€23k-€-17k€-84k▼ 399%€-53k▲ 36.9%€-596k▼ 1,020%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €574k in 2025 against €20k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €788k
Fixed assets
€717k▼ 44.0%
Current assets
€71k▼ 35.2%
Key figures and ratios
EBITDA
€13k▼
2024 · €37k
Cash flow
€-9k▼
2024 · €4k
Solvency
-56.7%▼
2024 · 10.1%
Current ratio
0.36▲
2024 · 0.27
Quick ratio
0.08▼
2024 · 0.14
Debt / equity
-2.76▼
2024 · 8.94
ROA
-75.7%▼
2024 · -3.8%
Interest coverage
0.58▼
2024 · 1.02
Debt
€1.23M▼
2024 · €1.25M
Debt ≤ 1 year
€196k▼
2024 · €413k
Debt > 1 year
€1.03M▲
2024 · €830k
Staff costs
€94k▼
2024 · €225k
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€1.39M€788k▼
Fixed assets21/28€1.28M€717k▼
Tangible fixed assets22/27€1.28M€717k▼
Land and buildings22€1.26M€694k▼
Plant, machinery and equipment23€10k€21k▲
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€653€0▼
Financial fixed assets28€1k€0▼
Current assets29/58€109k€71k▼
Amounts receivable after more than one year29€45k€0▼
Trade receivables290€0-
Other amounts receivable291€45k€0▼
Stocks and contracts in progress3€51k€55k▲
Stocks30/36€51k€55k▲
Amounts receivable within one year40/41€4k€4k▼
Trade receivables40€2k€280▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€5k€10k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.39M€788k▼
Equity10/15€140k€-447k▼
Contributions10/11€219k€219k=
Reserves13€22k€22k=
Non-distributable reserves130/1€22k€22k=
Reserves not available under the articles1311€22k€22k=
Profit (loss) carried forward14€-101k€-687k▼
Amounts payable17/49€1.25M€1.23M▼
Amounts payable after more than one year17€830k€1.03M▲
Financial debts170/4€830k€1.03M▲
Amounts payable within one year42/48€413k€196k▼
Current portion of amounts payable after more than one year42€66k€80k▲
Financial debts43€52k€9k▼
Credit institutions430/8€52k€9k▼
Trade debts44€210k€78k▼
Suppliers440/4€210k€78k▼
Taxes, remuneration and social security45€76k€30k▼
Taxes450/3€23k€20k▼
Remuneration and social security454/9€53k€10k▼
Other amounts payable47/48€9k€0▼
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€225k€94k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€587k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€36k
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€13k
Gross operating margin9900€267k€162k▼
Operating profit (loss)9901€-20k€-574k▼
Financial income75/76B€3k€262▼
Recurring financial income75€3k€262▼
Financial charges65/66B€37k€22k▼
Recurring financial charges65€37k€22k▼
Profit (loss) for the period before taxes9903€-53k€-596k▼
Profit (loss) for the period9904€-53k€-596k▼
Profit (loss) for the period to be appropriated9905€-53k€-596k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-101k€-697k▼
Profit (loss) brought forward from the previous period14P€-48k€-101k▼
Shareholders' contribution to the loss794-€10k
The notes to these accounts (15 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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-596k
Net result drops to €-596k, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Wervik · 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.
Beselarestraat 348940 WervikGround area
622 m²
Building footprint
509 m²
Volume, LiDAR
3,448 m³
Parcel 33009C0977/00Z000, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-linair plus
since 20102.189.766.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009C0977/00Z000 | Flanders | 622 m² | 1 · 509 m² | 13.4 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,760 EUR awarded · 2,760 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 2,760 EUR |
| 2023 | 1 | 2,760 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2009
Fiscal year end30-09
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.