Qaltera
ActiveSummary
Qaltera has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €2k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-1
Solvency63▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.16 in 2024; short-term debt: 39.1% and cash: 9% of total assets), and 62.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
37.8%
Return on assets
1.2%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
71 d early
2022
27 d early
2021
26 d early
2020
25 d early
2019
10 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▲ 3.3%
2024 · €60k
Total assets
€163k▼ 15.9%
2024 · €194k
Net result
€2k▼ 47.5%
2024 · €4k
Working capital
€22k▲ 82.4%
2024 · €12k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37k▲ 10.5%€30k▼ 18.6%€28k▼ 6.1%€11k▼ 61.7%€8k▼ 24.5%
Net result€22k▲ 163%€18k▼ 17.1%€18k▼ 2.9%€4k▼ 78.9%€2k▼ 47.5%
Equity€50k▲ 67.8%€42k▼ 16.8%€58k▲ 38.2%€60k▲ 3.4%€62k▲ 3.3%
Total assets€341k▼ 12.5%€274k▼ 19.6%€233k▼ 15.1%€194k▼ 16.5%€163k▼ 15.9%
Debt€290k▼ 19.2%€232k▼ 20.1%€175k▼ 24.7%€135k▼ 23.0%€102k▼ 24.5%
Working capital€13k€-4k€16k€12k▼ 25.7%€22k▲ 82.4%
Staff (FTE)0.9=0.9=1▲ 11.1%1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€77k ▼ 27.5%
Current assets
€86k ▼ 1.8%
Equity and liabilities €163k
Equity
€62k ▲ 3.3%
Debt
€102k ▼ 24.5%
Debt's share of the balance-sheet total falls from 69.2% to 62.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €62k
Cash flow
€50k▼
2024 · €55k
Current ratio
1.35▲
2024 · 1.16
Debt to equity
1.65▼
2024 · 2.25
ROE
3.2%▼
2024 · 6.2%
ROA
1.2%▼
2024 · 1.9%
Interest coverage
25.45▲
2024 · 23.88
Debt ≤ 1 year
€64k▼
2024 · €75k
Debt > 1 year
€38k▼
2024 · €59k
Income taxes
€4k▼
2024 · €5k
Staff costs
€61k▲
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5k | €1k | - | - | - |
| Remuneration, social security and pensions62 | €42k | €48k | €57k | €58k | €61k | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54k | €53k | €50k | €51k | €48k | ▼ 6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €761 | €176 | €3k | ▲ 1,759% |
| Other operating charges640/8 | €7k | €5k | €2k | €3k | €6k | ▲ 83.1% |
| Non-recurring operating charges66A | - | - | - | €612 | - | - |
| Gross operating margin9900 | €140k | €138k | €138k | €123k | €126k | ▲ 2.2% |
| Operating profit (loss)9901 | €37k | €30k | €28k | €11k | €8k | ▼ 24.5% |
| Financial income75/76B | €146 | €292 | €292 | €146 | €168 | ▲ 14.7% |
| Recurring financial income75 | €146 | €292 | €292 | €146 | €168 | ▲ 14.7% |
| Financial charges65/66B | €6k | €5k | €3k | €3k | €2k | ▼ 14.8% |
| Recurring financial charges65 | €6k | €5k | €3k | €3k | €2k | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €31k | €25k | €25k | €8k | €6k | ▼ 26.8% |
| Income taxes67/77 | €9k | €7k | €7k | €5k | €4k | ▼ 9.8% |
| Profit (loss) for the period9904 | €22k | €18k | €18k | €4k | €2k | ▼ 47.5% |
| Profit (loss) for the period to be appropriated9905 | €22k | €18k | €18k | €4k | €2k | ▼ 47.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €341k | €274k | €233k | €194k | €163k | ▼ 15.9% |
| Fixed assets21/28 | €237k | €190k | €142k | €107k | €77k | ▼ 27.5% |
| Intangible fixed assets21 | €200k | €159k | €118k | €79k | €41k | ▼ 47.8% |
| Tangible fixed assets22/27 | €37k | €31k | €24k | €27k | €36k | ▲ 31.4% |
| Plant, machinery and equipment23 | €5k | €10k | €8k | €5k | €4k | ▼ 27.9% |
| Furniture and vehicles24 | €10k | €7k | €4k | €13k | €25k | ▲ 94.7% |
| Leasing and similar rights25 | €5k | - | - | - | - | - |
| Other tangible fixed assets26 | €17k | €14k | €12k | €9k | €7k | ▼ 21.2% |
| Financial fixed assets28 | €250 | €250 | - | - | - | - |
| Current assets29/58 | €104k | €84k | €90k | €88k | €86k | ▼ 1.8% |
| Amounts receivable within one year40/41 | €72k | €61k | €71k | €57k | €55k | ▼ 3.2% |
| Trade receivables40 | €72k | €61k | €71k | €56k | €51k | ▼ 8.2% |
| Other amounts receivable41 | €512 | - | - | €469 | €3k | ▲ 592% |
| Cash at bank and in hand54/58 | €26k | €10k | €14k | €22k | €15k | ▼ 32.9% |
| Deferred charges and accrued income490/1 | €5k | €12k | €5k | €9k | €17k | ▲ 81.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €341k | €274k | €233k | €194k | €163k | ▼ 15.9% |
| Equity10/15 | €50k | €42k | €58k | €60k | €62k | ▲ 3.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €32k | €23k | €39k | €41k | €43k | ▲ 4.8% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €30k | €23k | €39k | €41k | €43k | ▲ 4.8% |
| Amounts payable17/49 | €290k | €232k | €175k | €135k | €102k | ▼ 24.5% |
| Amounts payable after more than one year17 | €199k | €144k | €101k | €59k | €38k | ▼ 36.2% |
| Financial debts170/4 | €199k | €144k | €101k | €59k | €38k | ▼ 36.2% |
| Amounts payable within one year42/48 | €91k | €88k | €74k | €75k | €64k | ▼ 15.4% |
| Current portion of amounts payable after more than one year42 | €58k | €55k | €44k | €42k | €35k | ▼ 16.9% |
| Trade debts44 | €16k | €13k | €7k | €9k | €10k | ▲ 19.1% |
| Suppliers440/4 | €16k | €13k | €7k | €9k | €10k | ▲ 19.1% |
| Taxes, remuneration and social security45 | €16k | €17k | €20k | €23k | €19k | ▼ 18.5% |
| Taxes450/3 | €9k | €10k | €11k | €13k | €9k | ▼ 35.5% |
| Remuneration and social security454/9 | €7k | €8k | €9k | €10k | €10k | ▲ 4.7% |
| Other amounts payable47/48 | €2k | €2k | €4k | €2k | - | - |
| Accrued charges and deferred income492/3 | €78 | €64 | €64 | €66 | €93 | ▲ 41.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €18k | €18k | €4k | €2k | ▼ 47.5% |
| + Depreciation and write-downs630 | €54k | €53k | €50k | €51k | €48k | ▼ 6.0% |
| Operating cash flow (approximation) | €76k | €72k | €68k | €55k | €50k | ▼ 8.9% |
| Investment in fixed assets (approximation) | - | €-7k | €-2k | €-16k | €-18k | ▼ 19.1% |
| Change in cash | - | €-16k | €3k | €8k | €-7k | ▼ 189% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
State Gazette act
General meeting · Liquidation closure
Director resignation · Declaration
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €22k ▲163%
Operating result €37k, net result €22k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
21-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.52
Current ratio from 1.35 to 5.52.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Halen · 1 establishment unit since 2020
Ground area
1,833 m²
Building footprint
1,008 m²
Volume, LiDAR
11,221 m³
Parcel 71020B0813/00T000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Qaltera
since 20202.223.792.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020B0813/00T000 | Flanders | 1,833 m² | 1 · 1,008 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,710 EUR awarded · 1,927 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 417 EUR | 417 EUR |
| 2024 | 1 | 358 EUR | 358 EUR |
| 2023 | 1 | 267 EUR | 543 EUR |
| 2022 | 1 | 668 EUR | 609 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,163 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
Scores and ratios are computed by Checked and are not a credit decision.