Q-VASTGOED
ActiveSummary
Q-VASTGOED has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €538k and a net result of €16k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+2
Solvency51▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.48 in 2024; short-term debt: 21.7% and cash: 0.8% of total assets), but 73.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
0.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d late
2023
1 d early
2022
20 d early
2021
40 d early
2020
29 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€538k▲ 3.1%
2024 · €522k
2018: €88k
2019: €96k
2020: €472k
2021: €492k
2022: €517k
2023: €528k
2024: €522k
2018 → 2025
Total assets
€2.05M▼ 11.0%
2024 · €2.31M
2018: €1.28M
2019: €1.22M
2020: €1.80M
2021: €1.88M
2022: €2.05M
2023: €2.19M
2024: €2.31M
2018 → 2025
Net result
€16k
2024 · €-6k
2018: €16k
2019: €7k
2020: €376k
2021: €21k
2022: €25k
2023: €11k
2024: €-6k
2018 → 2025
Working capital
€381k▲ 11.4%
2024 · €342k
2018: €-27k
2019: €-12k
2020: €536k
2021: €388k
2022: €429k
2023: €455k
2024: €342k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€492k-€517k▲ 5.0%€528k▲ 2.1%€522k▼ 1.2%€538k▲ 3.1%
Operating result€-19k-€-5k▲ 74.2%€-29k▼ 475%€-38k▼ 31.5%€-19k▲ 50.6%
Net result€21k-€25k▲ 20.3%€11k▼ 55.1%€-6k€16k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €38k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.05M
Fixed assets
€1.22M ▼ 1.8%
Current assets
€826k ▼ 21.9%
Equity and liabilities €2.05M
Equity
€538k ▲ 3.1%
Debt
€1.51M ▼ 15.2%
Debt's share of the balance-sheet total falls from 77.4% to 73.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-7k▲
2024 · €-12k
Cash flow
€28k▲
2024 · €19k
Current ratio
1.86▲
2024 · 1.48
Debt to equity
2.81▼
2024 · 3.42
ROE
3.0%▲
2024 · -1.2%
ROA
0.8%▲
2024 · -0.3%
Interest coverage
-0.22▲
2024 · -0.40
Debt ≤ 1 year
€445k▼
2024 · €715k
Debt > 1 year
€1.07M=
2024 · €1.07M
Income taxes
€7k▼
2024 · €133k
Staff costs
€0▼
2024 · €163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.31M€2.05M▼
Fixed assets21/28€1.25M€1.22M▼
Tangible fixed assets22/27€54k€31k▼
Land and buildings22€23k€23k=
Plant, machinery and equipment23€0-
Furniture and vehicles24€30k€8k▼
Financial fixed assets28€1.19M€1.19M=
Current assets29/58€1.06M€826k▼
Amounts receivable within one year40/41€1.05M€810k▼
Trade receivables40€21k€32k▲
Other amounts receivable41€1.03M€779k▼
Cash at bank and in hand54/58€4k€16k▲
Equity and liabilities
Total equity and liabilities10/49€2.31M€2.05M▼
Equity10/15€522k€538k▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€0-
Profit (loss) carried forward14€385k€402k▲
Provisions and deferred taxes16€0-
Deferred taxes168€0-
Amounts payable17/49€1.78M€1.51M▼
Amounts payable after more than one year17€1.07M€1.07M=
Financial debts170/4€1.07M€1.07M=
Amounts payable within one year42/48€715k€445k▼
Current portion of amounts payable after more than one year42€13k€0▼
Trade debts44€940€10k▲
Suppliers440/4€940€10k▲
Taxes, remuneration and social security45€142k€139k▼
Taxes450/3€142k€139k▼
Other amounts payable47/48€560k€296k▼
Income statement
Code20242025
Remuneration, social security and pensions62€163€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€11k▼
Other operating charges640/8€3k€20k▲
Non-recurring operating charges66A€393€2k▲
Gross operating margin9900€-8k€14k▲
Operating profit (loss)9901€-38k€-19k▲
Financial income75/76B€75k€75k=
Recurring financial income75€75k€75k=
Financial charges65/66B€31k€34k▲
Recurring financial charges65€31k€34k▲
Profit (loss) for the period before taxes9903€6k€23k▲
Transfer from deferred taxes780€120k€0▼
Income taxes67/77€133k€7k▼
Profit (loss) for the period9904€-6k€16k▲
Transfer from tax-exempt reserves789€360k€0▼
Profit (loss) for the period to be appropriated9905€354k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€385k€402k▲
Profit (loss) brought forward from the previous period14P€31k€385k▲
The notes to these accounts (9 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼156%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €517k ▲5%
5 profitable years in a row build equity to €517k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Highest result since 2018net €376k ▲5080%
Operating result €459k, net result €376k, both a record.
31-12
Financial
Liquidity times 10current ratio 7.52
Current ratio from 0.77 to 7.52.
31-12
Financial
Equity above €200kEq €472k ▲394%
3 profitable years in a row build equity to €472k.
Show earlier events
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Grobbendonk · 1 establishment unit since 1992
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.
Lierse steenweg 682280 GrobbendonkGround area
244 m²
Building footprint
244 m²
Volume, LiDAR
1,402 m³
Parcel 13010C0056/00L000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Q-Vastgoed
since 19922.059.308.218
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010C0056/00L000 | Flanders | 244 m² | 1 · 244 m² | 9.1 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.
Similar companies · same sector, comparable size
PORTUS
BE 0842.559.222
Nieuwpoort · Eq €538,151
NOVUS INVEST
BE 0459.117.529
Kortrijk · Eq €538,341
DKC CONSTRUCT
BE 0823.407.561
Brugge · Eq €537,728
Immobiliën Wim Pieters
BE 0448.958.461
Middelkerke · Eq €537,383
SALENKO BEHEER
BE 0406.806.518
Kapellen · Eq €538,959
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 4,491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.