Q-MAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €747k and a net result of €-107k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 5527 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
33 d early
2021
2 d early
2020
24 d early
2019
41 d early
← 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
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€747k▼ 12.6%
2024 · €854k
2018: €527k
2019: €620k
2020: €676k
2021: €734k
2022: €759k
2023: €845k
2024: €854k
2018 → 2025
Net result
€-107k
2024 · €30k
2018: €42k
2019: €93k
2020: €56k
2021: €59k
2022: €54k
2023: €86k
2024: €30k
2018 → 2025
Total assets
€789k▼ 11.4%
2024 · €891k
2018: €735k
2019: €785k
2020: €834k
2021: €864k
2022: €869k
2023: €950k
2024: €891k
2018 → 2025
Solvency
94.6%▼ 1.2pp
2024 · 95.8%
2018: 71.8%
2019: 78.9%
2020: 81.0%
2021: 84.9%
2022: 87.3%
2023: 88.9%
2024: 95.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€734k-€759k▲ 3.3%€845k▲ 11.4%€854k▲ 1.0%€747k▼ 12.6%
Operating result€80k-€72k▼ 11.0%€105k▲ 47.0%€41k▼ 60.7%€-314
Net result€59k-€54k▼ 8.7%€86k▲ 61.3%€30k▼ 65.8%€-107k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €314 after €41k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €789k
Fixed assets
€247k▼ 34.2%
Current assets
€543k▲ 5.1%
Equity and liabilities €789k
Equity
€747k▼ 12.6%
Debt
€43k▲ 14.6%
The debt ratio rises from 4.2% to 5.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
94.6%▼
2024 · 95.8%
ROE
-14.4%▼
2024 · 3.5%
ROA
-13.6%▼
2024 · 3.3%
Debt
€43k▲
2024 · €37k
Debt ≤ 1 year
€43k▲
2024 · €37k
Income taxes
€2k▼
2024 · €13k
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€891k€789k▼
Fixed assets21/28€375k€247k▼
Tangible fixed assets22/27€263k€242k▼
Land and buildings22€221k€199k▼
Furniture and vehicles24€42k€43k▲
Other tangible fixed assets26€350€0▼
Financial fixed assets28€112k€5k▼
Current assets29/58€517k€543k▲
Amounts receivable within one year40/41€268k€227k▼
Trade receivables40€52k€27k▼
Other amounts receivable41€216k€201k▼
Current investments50/53€205k€208k▲
Cash at bank and in hand54/58€40k€104k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€891k€789k▼
Equity10/15€854k€747k▼
Contributions10/11€7k€7k=
Reserves13€847k€740k▼
Tax-exempt reserves132€22k€22k=
Distributable reserves133€825k€718k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€37k€43k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€37k€43k▲
Current portion of amounts payable after more than one year42€23k€0▼
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€9k€13k▲
Other amounts payable47/48€1k€25k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€69k€27k▼
Operating profit (loss)9901€41k€-314▼
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€5k€111k▲
Recurring financial charges65€5k€4k▼
Non-recurring financial charges66B-€107k
Profit (loss) for the period before taxes9903€42k€-105k▼
Income taxes67/77€13k€2k▼
Profit (loss) for the period9904€30k€-107k▼
Profit (loss) for the period to be appropriated9905€30k€-107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€-107k▼
Transfer from equity791/2€21k€107k▲
Transfer to equity691/2€30k€0▼
To other reserves6921€30k€0▼
Profit to be distributed694/7€21k€0▼
Return on contributions (dividend)694€21k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-107k ▼463%
Net result drops to €-107k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 13.81
Current ratio from 6.70 to 13.81; short-term debt falls from €83k to €37k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €93k ▲121%
Net result €93k, the highest in the series.
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-04
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
2 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, Kortrijk · 1 establishment unit since 2003
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.
Bessenlaan(Kor) 58500 KortrijkGround area
1,250 m²
Building footprint
200 m²
Volume, LiDAR
1,196 m³
Parcel 34352C0404/00W000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-MAN
since 20032.134.617.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0404/00W000 | Flanders | 1,250 m² | 1 · 200 m² | 8.5 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
2022 to 2025 · 2 entries · 1,125 EUR awarded · 1,125 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,050 EUR | 1,050 EUR |
| 2022 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500046BDB4F4C8O62
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,764. 13,247 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2003
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.