Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of QAF is 4.6% (elevated). The 2024 annual accounts show equity of €86k and a net result of €66k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Trust signals
3 signalsAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2024| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €332k |
| Net profit | €66k |
| Cash flow | €156k |
| Staff costs | - |
| Income taxes | €14k |
| Dividends | - |
| Total assets | €10.94M |
| Equity | €86k |
| Debt | €10.86M |
| of which ≤ 1y | €346k |
| of which > 1y | €10.27M |
| Working capital | €-84k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.76 |
| Quick ratio | 0.76 |
| Working capital ratio | -0.8% |
| Solvency | 0.8% |
| Debt / equity | 126.00 |
| Long-term debt ratio | 119.13 |
| Interest coverage | 2.05 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.6% |
| ROE | 76.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10.94M |
| Fixed assets | 21/28 | €10.68M |
| Tangible fixed assets | 22/27 | €10.68M |
| Current assets | 29/58 | €262k |
| Amounts receivable within one year | 40/41 | €248k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10.94M |
| Equity | 10/15 | €86k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €36k |
| Amounts payable | 17/49 | €10.86M |
| Amounts payable after one year | 17 | €10.27M |
| Amounts payable within one year | 42/48 | €346k |
| Trade debts payable within one year | 44 | €15k |
| Income statement | ||
| Gross operating margin | 9900 | €412k |
| Operating result | 9901 | €242k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €162k |
| Result before taxes | 9903 | €79k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €66k |
| Result to be appropriated | 9905 | €66k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 21013B0370/00H010 | Brussels | 2,754 m² | - | - |
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by profitability.
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | QAF |