Q-POWER
ActiveThe computed 12-month bankruptcy probability of Q-POWER is 2.8% (moderate). The 2024 annual accounts show negative equity (€-57k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36373 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+30
Solvency0▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.91 in 2023; short-term debt: 127.4% and cash: 0% 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.
+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 →
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 2024Solvency, return and age of the figures
Solvency
-35.5%
Return on assets
-1.9%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-57k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
16 d early
2022
42 d early
2021
30 d late
2020
22 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-57k▼ 5.8%
2023 · €-53k
2018: €14k
2019: €19k
2020: €41k
2021: €15k
2022: €70k
2023: €-53k
2018 → 2024
Total assets
€159k▼ 52.5%
2023 · €335k
2018: €21k
2019: €99k
2020: €190k
2021: €215k
2022: €412k
2023: €335k
2018 → 2024
Net result
€-3k▲ 97.5%
2023 · €-124k
2018: €8k
2019: €5k
2020: €22k
2021: €-26k
2022: €55k
2023: €-124k
2018 → 2024
Working capital
€-65k▼ 103%
2023 · €-32k
2018: €14k
2019: €49k
2020: €58k
2021: €77k
2022: €143k
2023: €-32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€15k▼ 63.3%€70k▲ 361%€-53k€-57k▼ 5.8%
Operating result€28k-€-26k€174k€-19k€8k
Net result€22k-€-26k€55k€-124k€-3k▲ 97.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets
€21k▼ 28.5%
Current assets
€138k▼ 54.8%
Key figures and ratios
EBITDA
€18k▲
2023 · €-9k
Cash flow
€7k▲
2023 · €-114k
Solvency
-35.5%▼
2023 · -16.0%
Current ratio
0.68▼
2023 · 0.91
Quick ratio
0.26▼
2023 · 0.74
Debt / equity
-3.81▲
2023 · -7.27
ROA
-1.9%▲
2023 · -36.9%
Interest coverage
1.65▲
2023 · -0.09
Debt
€216k▼
2023 · €388k
Debt ≤ 1 year
€203k▼
2023 · €337k
Debt > 1 year
€0▼
2023 · €5k
Income taxes
€544▲
2023 · €485
Staff costs
€102k▼
2023 · €115k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€335k€159k▼
Fixed assets21/28€30k€21k▼
Tangible fixed assets22/27€18k€14k▼
Plant, machinery and equipment23€1k€148▼
Furniture and vehicles24€17k€14k▼
Financial fixed assets28€11k€7k▼
Current assets29/58€305k€138k▼
Stocks and contracts in progress3€56k€86k▲
Stocks30/36€56k€86k▲
Amounts receivable within one year40/41€221k€33k▼
Trade receivables40€203k€11k▼
Other amounts receivable41€18k€21k▲
Cash at bank and in hand54/58€12k€0▼
Deferred charges and accrued income490/1€17k€19k▲
Equity and liabilities
Total equity and liabilities10/49€335k€159k▼
Equity10/15€-53k€-57k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-62k€-65k▼
Amounts payable17/49€388k€216k▼
Amounts payable after more than one year17€5k€0▼
Financial debts170/4€5k€0▼
Amounts payable within one year42/48€337k€203k▼
Current portion of amounts payable after more than one year42€17k€5k▼
Financial debts43€7k€4k▼
Credit institutions430/8€7k€4k▼
Trade debts44€147k€87k▼
Suppliers440/4€147k€87k▼
Taxes, remuneration and social security45€31k€28k▼
Taxes450/3€22k€13k▼
Remuneration and social security454/9€9k€15k▲
Other amounts payable47/48€135k€78k▼
Accrued charges and deferred income492/3€46k€13k▼
Income statement
Code20232024
Remuneration, social security and pensions62€115k€102k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€110k€122k▲
Operating profit (loss)9901€-19k€8k▲
Financial income75/76B€392€168▼
Recurring financial income75€392€168▼
Financial charges65/66B€104k€11k▼
Recurring financial charges65€104k€11k▼
Profit (loss) for the period before taxes9903€-123k€-3k▲
Income taxes67/77€485€544▲
Profit (loss) for the period9904€-124k€-3k▲
Profit (loss) for the period to be appropriated9905€-124k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-65k▼
Profit (loss) brought forward from the previous period14P€62k€-62k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-124k ▼325%
Net result drops to €-124k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 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, Braine-l'Alleud · 2 establishment units since 2017
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.
Avenue du Cadre Noir 151420 Braine-l'AlleudGround area
2,129 m²
Building footprint
1,948 m²
Volume, LiDAR
13,186 m³
2 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Q-POWER SPRL
since 20172.259.999.634
Bureau et entrepôt
since 20252.381.855.091
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743G0168/00F000 | Wallonia | 1,500 m² | 1 · 1,822 m² | 7.5 m · 2 fl. |
| 25014A0984/00S003 | Wallonia | 629 m² | 1 · 126 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900JKLAVEVGS22H23
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,365 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2016
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
43240Other construction installation
43299Specialised construction activities
43120Site preparation
43211General electrical installation work
43350Other building finishing work
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.
Contact details
1 entryE-mail:alain.lauro@alma-is.com