Financials
- Financial year
- 2025
- Total assets
- €1.7m
- Profit
- €423,423
- Solvency
- 70.2%
Qargo Tech
ActiveSummary
Qargo Tech has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €423,423. Equity is growing by about 50% per year across the filed financial years. Its solvency ranks better than 71% of 3,382 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Computer programming
NACE 62100
1 site
Size
≈ €8.4mturnover 2025, estimated
- Staff
- 52 FTE
- Equity
- €1.2m
- Profit
- €423,423
Turnover estimated from the gross margin
Structure
- Rise and GrindDirector · permanent representative Adriaan COPPENS
2025 accounts 8 days early1 of 3 deeds summarised
Why 99lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.72, cash €463,190Equity €1.2m (70.2% of total assets)Figures for financial year 2025 (filed 23-07-2026)Show the evidence
Checked score
Score 2025
99
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 90% of its sector peers (NACE 62, medium-sized)
Financial strength · tick = 2024
Strong
Solvency
95+3
equity 70.2% of total assets
Liquidity
72+17
short-term debt 29.0% · cash 27.3%
Profitability
100+9
return on assets 24.9%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.72, compared with 2.16 in 2024, above the usual 1.5; short-term debt: 29% and cash: 27.3% of total assets), and 29.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized): better than 85% on solvency, 90% on liquidity, 96% on profitability and 89% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 days early
2024
77 days early
2023
23 days early
2022
89 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 49 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (3 of the last 4 filed years within 40 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €1mequity €1.2m ▲55%
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 1 member
- Rise and GrindDirector
Timeline
- Events
- 9
- Since
- 2023
- Next accounts
- by 31-07-2027
- 09-10-2024Resignation: QARGO TECH LTD (director)
- 08-07-2024Annual accounts filed
- 31-12-2023Highest result from 2022 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 18-08-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Qargo Tech
- What is the company number of Qargo Tech?
- 0772.640.434. In Belgium the VAT number is the company number with BE in front: BE 0772.640.434.
- Where is Qargo Tech based?
- The registered office is at Gaston Crommenlaan 4, 9050 Gent.Company details
- What does Qargo Tech do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Qargo Tech?
- Private limited company (BV).
- When was Qargo Tech founded?
- On 18-08-2021.
- Is Qargo Tech still active?
- Yes, Qargo Tech is an active enterprise in the KBO register.
- How many employees does Qargo Tech have?
- On average 52 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Qargo Tech?
- €1.9m in financial year 2023, according to the filed annual accounts.
- Is Qargo Tech profitable?
- In financial year 2025, Qargo Tech made a profit of €423,423.
- Where can I find the annual accounts of Qargo Tech?
- Qargo Tech filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Qargo Tech due?
- By 31-07-2027, for financial year 2026.Timeline
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