Skip to content

QB1 RACING

Active
Private limited companyfounded 2023active for 3 yearsHooggeleedstraat 10, 8400 Oostende, BelgiumKBO/BCE: BE 0797.086.711
Summary

The computed 12-month bankruptcy probability of QB1 RACING is 4.5% (elevated). The 2024 annual accounts show equity of €42,153 and a net result of -€32,363. Its solvency ranks better than 35% of 75 sector peers (NACE 30, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of other transport equipment
NACE 30120
1 site
Size
€501,582total assets 2024
Equity
€42,153
Loss
-€32,363
Turnover not published (micro format)
Financial health
38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Structure
Accounts 71 days overdue1 of 2 deeds read
Why 38raises risk1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 29-09-2025)Loss of €32,363 (financial year 2024)lowers riskSize: total assets €501,582Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 32% of its sector peers (NACE 30, micro)
Financial strength · tick = 2023
Weak
Solvency 33-51
equity 8.4% of total assets
Liquidity 50-31
short-term debt 15.3% · cash 2.9%
Profitability 11-89
return on assets -6.5%
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (135 companies, NACE 30, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 2.9%▲ +2.4 percentage points vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.9%▲ +0.1 percentage points vs 03-2026 05-2026: 3.0%▲ +0.1 percentage points vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 3.6%▲ +0.6 percentage points vs 07-2026 09-2026: 3.6%● unchanged vs 08-2026 10-2026: 4.5%▲ +0.9 percentage points vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.98, compared with 2.15 in 2023; short-term debt: 15.3% and cash: 2.9% of total assets), and 91.6% of the assets are financed with debt.
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 30, micro): better than 29% on solvency, 55% on liquidity, 27% on profitability and 15% on growth.

The bankruptcy probability was computed on 09-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 29-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €501,582
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €32,363 (financial year 2024)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
55 days late
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 days after the deadline; the sector median (NACE 30) for financial year 2024 is 16 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Appointment: Quinten Vandenbossche (non-statutory director)Gazette deed
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: From profit to loss in 2024after €49,516 in 2023 -€32,363 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Caution: Among the weakest 18% on net resultsector median €4,293 · 74 companies -€32,363 View

By topic

Financials

Financial year
2024
Total assets
€501,582
Loss
-€32,363
Solvency
8.4%
Total assets▲ 298%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of other transport equipmentNACE 30120
Founded
12-01-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.