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Generated 13-08-2026
Active BE 0797.086.711Private limited company

QB1 RACING

Hooggeleedstraat 10 ·8400 Oostende, Belgium· 3 yrs active
Sector: Bouw van plezier- en sportvaartuigen (30120)
Conclusion Checked

The computed 12-month bankruptcy probability of QB1 RACING is 3.1% (moderate). The 2024 annual accounts show equity of €42k and a net result of €-32k. Its solvency ranks better than 28% of 36 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €42k
Net result €-32k
Better than sector 28%
Active 3 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health7Profitability0Solvency16Growth32Stability94
30 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 7
Profitability 0
Solvency 16
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
7 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 24-09-2025 with the NBB · fiscal year 2024 · micro
€-50k€-25k€0€25k€50kOperating result 2023: €58k€58kNet result 2023: €50k€50kOperating result 2024: €-28k€-28kNet result 2024: €-32k€-32k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 30 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 8.4% 25.7%
better than 28% of 36 sector peers
Net result €-32k €287
better than 25% of 36 sector peers
Equity €42k €43k
better than 50% of 36 sector peers
Gross operating margin €-8k €1k
better than 22% of 34 sector peers
Total assets €502k €170k
better than 64% of 36 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-9k
- 23-24
Net profit
€-32k
- 23-24
Cash flow
€-13k
- 23-24
Total assets
€502k
+297.7% 23-24
Equity
€42k
-43.4% 23-24
Working capital
€-2k
- 23-24
Income taxes
€0
-100.0% 23-24
Debt
€459k
+790.1% 23-24
Debt ≤ 1y
€77k
+48.9% 23-24
Debt > 1y
€383k
- 23-24
Current ratio
0.98
-54.5% 23-24
Quick ratio
0.85
-60.6% 23-24
Solvency
8.4%
-85.8% 23-24
Debt / equity
10.90
+1473.5% 23-24
ROE
-76.8%
- 23-24
ROA
-6.5%
- 23-24
Interest coverage
-1.91
- 23-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€-9k
Net profit€-32k
Cash flow€-13k
Staff costs-
Income taxes€0
Dividends-
Total assets€502k
Equity€42k
Debt€459k
of which ≤ 1y€77k
of which > 1y€383k
Working capital€-2k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.98
Quick ratio0.85
Working capital ratio-0.3%
Solvency8.4%
Debt / equity10.90
Long-term debt ratio9.08
Interest coverage-1.91
Gross margin-
Net margin-
ROA-6.5%
ROE-76.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€502k
Fixed assets 21/28€426k
Formation expenses 20€0
Tangible fixed assets 22/27€426k
Current assets 29/58€75k
Stocks & contracts in progress 3€10k
Amounts receivable within one year 40/41€51k
Cash & bank 54/58€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€502k
Equity 10/15€42k
Contributions / capital 10/11€25k
Reserves 13€17k
Amounts payable 17/49€459k
Amounts payable after one year 17€383k
Amounts payable within one year 42/48€77k
Trade debts payable within one year 44€18k
Income statement
Gross operating margin 9900€-8k
Operating result 9901€-28k
Financial income 75€242
Financial charges 65€5k
Result before taxes 9903€-32k
Income taxes 67/77€0
Net result for the period 9904€-32k
Result to be appropriated 9905€-32k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Bouw van plezier- en sportvaartuigen(30120)
Legal form Private limited company(610)
Incorporation12-01-2023
StatusActive
Postal code8400
Establishment units 1 location
QB1 RACING
Hooggeleedstraat 10, 8400 OostendeBouw van plezier- en sportvaartuigen
since 20232.340.485.779
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels 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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35026A0242/00L002 Flanders 2,194 m² 1 · 898 m² 7.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
15-10-2025
State Gazette act Director changes
v3.2
24-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
30-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
16-01-2023
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 10 months ago
2025
15-10-2025 Change in the board of directors Director changes
Summary: v3.2
Technical details 
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  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0797.086.711",
    "name_full": "QB1 RACING",
    "legal_form": "BV"
  }
}
2023
16-01-2023 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "8400 Oostende, Hooggeleedstraat 10",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1969-05-08",
        "name": "VANDENBOSSCHE Daniel August Freddy",
        "niss": null,
        "address": "8400 Oostende, Hooggeleedstraat 10"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 25000,
      "holder_person_name": "VANDENBOSSCHE Daniel August Freddy",
      "is_subscriber_only": false,
      "n_shares_subscribed": 25,
      "amount_subscribed_eur": 25000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 25000,
  "subject_company": {
    "kbo": "0797.086.711",
    "name_full": "QB1 RACING",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2023-01-12",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Bouw van plezier- en sportvaartuigen30120Bouw van plezier- en sportvaartuigen30120Reparatie en onderhoud van schepen33150Reparatie en onderhoud van civiele schepen33150Activiteiten van overige sportclubs93129Activiteiten van overige sportclubs93129
Primary activity highlighted.
Names & trade names
Legal nameNL QB1 RACING
Registered office
Hooggeleedstraat 10
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative