Q shift
The computed 12-month bankruptcy probability of Q shift is 0.6% (low). The 2024 annual accounts show equity of €280k and a net result of €58k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 782 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €280k |
| Net result | €58k |
| Staff (FTE) | 1.6 |
| Better than sector | 44% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.8% | 20.2% | |
| Net result | €58k | €2k | |
| Equity | €280k | €18k | |
| Gross operating margin | €238k | €24k | |
| Staff costs | €77k | €21k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €160k |
| Net profit | €58k |
| Cash flow | €160k |
| Staff costs | €77k |
| Income taxes | €-2k |
| Dividends | - |
| Total assets | €1.90M |
| Equity | €280k |
| Debt | €1.61M |
| of which ≤ 1y | €117k |
| of which > 1y | €1.50M |
| Working capital | €27k |
| Employees (FTE) | 1.6 |
| 2024 | |
|---|---|
| Current ratio | 1.23 |
| Quick ratio | 1.19 |
| Working capital ratio | 1.4% |
| Solvency | 14.8% |
| Debt / equity | 5.77 |
| Long-term debt ratio | 5.35 |
| Interest coverage | 3.48 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.0% |
| ROE | 20.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.90M |
| Fixed assets | 21/28 | €1.75M |
| Tangible fixed assets | 22/27 | €1.75M |
| Current assets | 29/58 | €145k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €74k |
| Investments | 50/53 | €1k |
| Cash & bank | 54/58 | €64k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.90M |
| Equity | 10/15 | €280k |
| Contributions / capital | 10/11 | €25k |
| Reserves | 13 | €129k |
| Accumulated profits (losses) | 14 | €126k |
| Amounts payable | 17/49 | €1.61M |
| Amounts payable after one year | 17 | €1.50M |
| Amounts payable within one year | 42/48 | €117k |
| Trade debts payable within one year | 44 | €23k |
| Income statement | ||
| Gross operating margin | 9900 | €238k |
| Operating result | 9901 | €57k |
| Financial income | 75 | €45k |
| Financial charges | 65 | €46k |
| Result before taxes | 9903 | €56k |
| Income taxes | 67/77 | €-2k |
| Net result for the period | 9904 | €58k |
| Result to be appropriated | 9905 | €58k |
| NACE primary | 93110 |
| Legal form | Private limited company(610) |
| Incorporation | 25-02-2021 |
| Status | Active |
| Postal code | 9520 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41063C0471/00A000 | Flanders | 5,840 m² | 1 · 604 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-04-2024 Registered office moved within Sint-Lievens-Houtem
- Krabbenijkstraat, 87 bus 101 9520 Sint-Lievens-Houtem → Polbroek 62B te 9520 Sint-Lievens-Houtem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Polbroek 62B te 9520 Sint-Lievens-Houtem",
"city": "Sint-Lievens-Houtem",
"region": "vlaams_gewest",
"street": "Polbroek",
"country": "BE",
"postcode": "9520",
"box_number": null,
"street_number": "62B",
"locality_suffix": null
},
"old_address": {
"raw": "Krabbenijkstraat, 87 bus 101 9520 Sint-Lievens-Houtem",
"city": "Sint-Lievens-Houtem",
"region": "vlaams_gewest",
"street": "Krabbenijkstraat",
"country": "BE",
"postcode": "9520",
"box_number": "101",
"street_number": "87",
"locality_suffix": null
},
"effective_date": "2024-04-05",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-04-22",
"filing_date": "2024-04-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-04-05",
"unanimous": null
},
"subject_company": {
"kbo": "0764.351.684",
"name_full": "Q shift",
"legal_form": "bv"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pede Laurens",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}14-09-2022 Registered office moved to Sint-Lievens-Houtem
- Krabbenijkstraat 87/0101 te 9520 Sint-Lievens-Houtem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Krabbenijkstraat 87/0101 te 9520 Sint-Lievens-Houtem",
"city": "Sint-Lievens-Houtem",
"region": "vlaams_gewest",
"street": "Krabbenijkstraat",
"country": "BE",
"postcode": "9520",
"box_number": "0101",
"street_number": "87",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2022-08-30",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-09-14",
"filing_date": "2022-08-30",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2022-06-17",
"unanimous": null
},
"subject_company": {
"kbo": "0764.351.684",
"name_full": "Q-shift",
"legal_form": "bv"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pede Laurens",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"kopie na neerlegging van de akte ter griffie"
]
}07-04-2022 1 director appointed, 1 resigning
- Jelle De Pauw, Bestuurder
- Roy Janssens, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": "89 01 07-217 91",
"name": "Roy Janssens",
"address": "Perrestraat 56 9550 Herzele",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-03-11",
"evidence_quote": "De vergadering aanvaardt het ontslag als bestuurder van Roy Janssens (89 01 07-217 91), wonende Perrestraat 56 te 9550 Herzele, en dit met onmiddellijke ingang. Kwijting wordt verleend.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "89 02 17-315 88",
"name": "Jelle De Pauw",
"address": "Krabbenijktraat 73 bus 0001 9520 Sint-Lievens-Houtem",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": true,
"effective_date": "2022-03-11",
"evidence_quote": "De vergadeing beslist tevens Jelle De Pauw (89 02 17-315 88), wonende Krabbenijktraat 73 bus 0001 te 9520 Sint-Lievens-Houtem, met onmiddellijke ingang te benoemen tot bestuurder en dit voor onbepaalde duur. Tevens wordt beslist dat het mandaat bezoldigd wordt uitgeoefend.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Oudenaarde",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-04-07",
"filing_date": "2022-03-30",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-03-11",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0764.351.684",
"name_full": null,
"legal_form": "bv"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pede Laurens",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Q shift |