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QAB54

Active
Private limited companyfounded 20215 yrs activeBaksteenkaai 54, 1000 Brussel, BelgiumKBO/BCE: BE 0770.486.440
Summary

QAB54 has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4k and a net result of €14k. Equity is growing by ~82.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
70 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+18
Solvency39▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
13.5%
Return on assets
43.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 37956 sector peers (2024).
NBB · sector comparison
Position among 37956 sector peers
Solvency
better than 16%
← weakest strongest →
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 20-05-2025, 72 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
72 d early
2023
21 d late
2022
18 d early
2021
26 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€4k▲ 37.2%
2023 · €3k
2021: €-2k 2022: €-80 2023: €3k
2021 → 2024
Total assets
€32k▼ 15.3%
2023 · €38k
2021: €26k 2022: €31k 2023: €38k
2021 → 2024
Net result
€14k▲ 243%
2023 · €4k
2021: €-5k 2022: €2k 2023: €4k
2021 → 2024
Working capital
€-4k▲ 55.5%
2023 · €-10k
2021: €-22k 2022: €-16k 2023: €-10k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€-2k-€-80▲ 96.3%€3k€4k▲ 37.2%
Operating result€-5k-€3k€7k▲ 149%€20k▲ 178%
Net result€-5k-€2k€4k▲ 100%€14k▲ 243%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €-5k€-5kNet result 2021: €-5k€-5kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €7k€7kNet result 2023: €4k€4kOperating result 2024: €20k€20kNet result 2024: €14k€14k2021202220232024€0€10k€20kOperating result 2022: €3k€2.9kNet result 2022: €2k€2.1kOperating result 2023: €7k€7.2kNet result 2023: €4k€4.1kOperating result 2024: €20k€20kNet result 2024: €14k€14k202220232024
The operating result has risen three years in a row; 2024 is 178% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets €9k ▼ 32.1%
Current assets €24k ▼ 6.6%
Equity and liabilities €32k
Equity €4k ▲ 37.2%
Debt €28k ▼ 20.1%
Debt's share of the balance-sheet total falls from 91.7% to 86.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€25k
2023 · €12k
Cash flow
€19k
2023 · €9k
Current ratio
0.84
2023 · 0.72
Debt to equity
6.39
2023 · 10.98
ROE
321.6%
2023 · 128.5%
ROA
43.5%
2023 · 10.7%
Interest coverage
267.22
2023 · 143.34
Debt ≤ 1 year
€28k
2023 · €35k
Income taxes
€6k
2023 · €3k
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 · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€38k€32k
Fixed assets21/28€13k€9k
Tangible fixed assets22/27€13k€9k
Furniture and vehicles24€13k€9k
Current assets29/58€25k€24k
Amounts receivable within one year40/41€15k€8k
Trade receivables40€15k€8k
Cash at bank and in hand54/58€9k€14k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€38k€32k
Equity10/15€3k€4k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€702€2k
Amounts payable17/49€35k€28k
Amounts payable within one year42/48€35k€28k
Financial debts43€469€77
Credit institutions430/8€469€77
Trade debts44€936€1k
Suppliers440/4€936€1k
Taxes, remuneration and social security45€10k€11k
Taxes450/3€10k€11k
Remuneration and social security454/9€160€160=
Other amounts payable47/48€24k€16k
Accrued charges and deferred income492/3€149€175
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k
Other operating charges640/8€553€520
Non-recurring operating charges66A€2€0
Gross operating margin9900€12k€26k
Operating profit (loss)9901€7k€20k
Financial charges65/66B€82€95
Recurring financial charges65€82€95
Profit (loss) for the period before taxes9903€7k€20k
Income taxes67/77€3k€6k
Profit (loss) for the period9904€4k€14k
Profit (loss) for the period to be appropriated9905€4k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€15k
Profit (loss) brought forward from the previous period14P€-3k€702
Profit to be distributed694/7€833€13k
Return on contributions (dividend)694€833€13k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
20-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2021net €14k ▲243%
Operating result €20k, net result €14k, both a record.
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Baksteenkaai 541000 Brussel
Ground area
90 m²
Building footprint
88 m²
Volume, LiDAR
1,275 m³
Parcel 21812N0409/00H000, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
QAB54
Baksteenkaai 54, 1000 BrusselComputing infrastructure, data processing, hosting and other information service activities
since 20212.319.993.639
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21812N0409/00H000 Brussels 90 m² 1 · 88 m² 18.2 m · 5 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

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 14,384 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 formPrivate limited company
Founded29-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
68203Renting and operating of own or leased non-residential real estate, excluding land
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.