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Q-LOGIK

Active Private limited companyfounded 2001active for 25 yearsLarenstraat 92, 3560 LummenKBO/BCE: BE 0475.955.244 #4 oldest company in Lummen, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €123,470 (2008)
€81,892▼ 3.7%
peak €79,130 (2008)
€45,570▼ 4.1%
peak €360,125 (2022)
€147,720▼ 46.7%
€194,784▲ 17×
Board1 name since 2001
1 director
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Dividend €175,056Equity from €277,105 to €147,720Debts from €11,435 to €194,784

Key points

from the 2025 annual accounts

Equity

€147,720 ▼ 46.7%
277,1052024+45,570Profit-175,056Dividend+100Other147,7202025

Q-LOGIK paid out €175,056 in dividends. That is 384% of the 2025 profit.

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Debts

€194,784 ▲ 17×
Taxes and wages
+14,833
Suppliers
+3,610
The rest
+164,906

Debts rose by €183,349 in 2025.

Liquidity

1.36 was 18.81 in 2024

Short-term debts rose from €11,435 to €194,784.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

The 2024 accounts came 42 days late. The other nine of the last ten were filed on time.

Position in the sector

€342,504

Larger balance sheet than 81% of companies in computer programming and consultancy. Sector median €136,044 · 22,065 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as Q-LOGIK has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for Q-LOGIK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 30-10-2001
  • all the sharesdeed of 19-05-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0475955244
Change of role: , from statutory manager to director “De aan- en verkoop,in- en uitvoer,het ontwikkelen,het fabriceren,het aanpassen,het leveren,het plaatsen en het…” (deed in Dutch) · holds all the shares · Director discharge: (manager) · Gazette deed
First establishment Larenstraat 92, Lummen
Incorporation published on 21-11-2001 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
Q-LOGIK Lummen €342,504 €81,892 43.1% -
BALANCE IT Diepenbeek €367,082 €77,733 24.8% -
XTHREES CONSULTING Genk €368,566 €71,445 91.5% -
BOREASWEB Aalst €333,738 €80,039 86.4% -
K SCHREURS Rotselaar €338,138 €80,551 86.1% -
AXONE Liège €355,587 €84,074 15.0% -
IP INITIAL Westerlo €341,696 €76,453 78.0% -

These companies have the same main activity as Q-LOGIK: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €334,000 and €369,000, founded between 2000 and 2003.

Official details

Source: KBO
Status
Active since 09-11-2001Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.101.486.0933560 Lummen, since 15-01-2002
Financial year end
31 December
Peppol
Reachable since 18-12-2024
Company details

Annual accounts 2025

€342,504▲ 18.7%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on Q-LOGIK

Q-LOGIK files the micro format. That format states no turnover. The gross margin rose from €51,818 in 2006 to €81,892 in 2025.

The balance sheet grew most from 2009 to 2011 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Q-LOGIK

What is the company number of Q-LOGIK?
The company number of Q-LOGIK is 0475.955.244. The VAT number is the same number with BE in front: BE 0475.955.244.
Where is Q-LOGIK based?
The registered office is at Larenstraat 92, 3560 Lummen.Company details
What does Q-LOGIK do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Q-LOGIK?
Q-LOGIK is a private limited company (BV).
When was Q-LOGIK founded?
Q-LOGIK was founded on 09-11-2001.
Is Q-LOGIK still active?
Yes, Q-LOGIK is an active enterprise in the KBO register.
What is the turnover of Q-LOGIK?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €81,892 and 66 comparable companies (NACE 62200). It probably lies between €140,000 and €210,000.Financials
Is Q-LOGIK profitable?
In financial year 2025, Q-LOGIK made a profit of €45,570.
Where can I find the annual accounts of Q-LOGIK?
Q-LOGIK filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Q-LOGIK due?
Q-LOGIK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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