Q-TARO
ActiveThe computed 12-month bankruptcy probability of Q-TARO is 1.5% (moderate). The 2025 annual accounts show equity of €116k and a net result of €-14k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 13091 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-72
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
short-term debt: 0.4% and cash: 12.1% of total assets, and 0.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
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
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
33 d early
2023
39 d early
2022
5 d early
2021
221 d late
2020
29 d late
2019
49 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
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▼ 11.1%
2024 · €130k
2018: €19k
2019: €22k
2020: €22k
2021: €67k
2022: €113k
2023: €123k
2024: €130k
2018 → 2025
Total assets
€116k▼ 21.7%
2024 · €149k
2018: €101k
2019: €89k
2020: €86k
2021: €156k
2022: €143k
2023: €159k
2024: €149k
2018 → 2025
Net result
€-14k
2024 · €7k
2018: €-25k
2019: €-36k
2020: €-17k
2021: €45k
2022: €46k
2023: €10k
2024: €7k
2018 → 2025
Working capital
€87k▼ 5.2%
2024 · €91k
2018: €2k
2019: €6k
2020: €1k
2021: €47k
2022: €97k
2023: €108k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€113k▲ 69.3%€123k▲ 9.1%€130k▲ 5.8%€116k▼ 11.1%
Operating result€-17k-€62k€8k▼ 87.0%€8k▼ 3.2%€-18k
Net result€45k-€46k▲ 3.4%€10k▼ 77.8%€7k▼ 29.7%€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€29k▼ 24.9%
Current assets
€87k▼ 20.6%
Equity and liabilities €116k
Equity
€116k▼ 11.1%
Debt
€418▼ 97.7%
The debt ratio falls from 12.3% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €13k
Cash flow
€-5k▼
2024 · €12k
Solvency
99.6%▲
2024 · 87.7%
Debt / equity
0.00▼
2024 · 0.14
ROE
-12.5%▼
2024 · 5.5%
ROA
-12.4%▼
2024 · 4.8%
Interest coverage
-44.30▼
2024 · 17.60
Debt
€418▼
2024 · €18k
Debt ≤ 1 year
€418▼
2024 · €18k
Income taxes
€152▼
2024 · €3k
Staff costs
€-3k▼
2024 · €87k
A ratio outside any meaningful range has been withheld (balance sheet total €116k, equity €116k).
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€149k€116k▼
Fixed assets21/28€39k€29k▼
Tangible fixed assets22/27€39k€29k▼
Plant, machinery and equipment23€39k€29k▼
Current assets29/58€110k€87k▼
Amounts receivable within one year40/41€77k€73k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€71k€70k▼
Cash at bank and in hand54/58€33k€14k▼
Deferred charges and accrued income490/1€376-
Equity and liabilities
Total equity and liabilities10/49€149k€116k▼
Equity10/15€130k€116k▼
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€108k€94k▼
Amounts payable17/49€18k€418▼
Amounts payable within one year42/48€18k€418▼
Trade debts44€8k€418▼
Suppliers440/4€8k€418▼
Taxes, remuneration and social security45€11k-
Taxes450/3€4k-
Remuneration and social security454/9€7k-
Income statement
Code20242025
Non-recurring operating income76A-€826
Remuneration, social security and pensions62€87k€-3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€2k€6k▲
Gross operating margin9900€102k€-5k▼
Operating profit (loss)9901€8k€-18k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€744€192▼
Recurring financial charges65€744€192▼
Profit (loss) for the period before taxes9903€10k€-14k▼
Income taxes67/77€3k€152▼
Profit (loss) for the period9904€7k€-14k▼
Profit (loss) for the period to be appropriated9905€7k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€94k▼
Profit (loss) brought forward from the previous period14P€101k€108k▲
The notes to these accounts (6 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 · micro schema
2025
30-09
Financial
Liquidity times 35current ratio 208.38
Current ratio from 6.00 to 208.38; short-term debt falls from €18k to €418.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 221 days late
30-09
Financial
Highest result since 2018net €46k ▲3.4%
Operating result €62k, net result €46k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 4.21
Current ratio from 1.52 to 4.21; short-term debt falls from €90k to €30k.
30-09
Financial
Equity above €100kEq €113k ▲69.3%
2 profitable years in a row build equity to €113k.
2021
30-09
Financial
Back to profitnet €45k
Net result €45k after 3 loss-making years.
29-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
30-09
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
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
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2024
Wu Shengliu: Resigned as Director
30-09-2015
Cheng Ren Gui: Resigned as Manager
Location & real-estate footprint
Registered office, Pelt · 1 establishment unit since 2025
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.
Fabrieksstraat 513900 PeltGround area
1,170 m²
Building footprint
195 m²
Volume, LiDAR
1,159 m³
Parcel 72502E0102/00P078, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fabrieksstraat 51, 3900 Pelt
since 20252.379.070.993
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00P078 | Flanders | 1,170 m² | 1 · 195 m² | 9.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePelt2.379.070.993
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Bouillon · Eq €116k
Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,393 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2011
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.