QB1 RACING
The computed 12-month bankruptcy probability of QB1 RACING is 3.0% (average). The 2024 annual accounts show equity of €42k and a net result of €-32k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €42k |
| Net result | €-32k |
| Active | 3 yrs |
| Locations | 1 |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2024 |
|---|---|
| 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) | — |
| 2024 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.85 |
| Working capital ratio | -0.3% |
| Solvency | 8.4% |
| Debt / equity | 10.90 |
| Long-term debt ratio | 9.08 |
| 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) | — |
| Line item | Code | 2024 |
|---|---|---|
| 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 |
| NACE primary | 30120 |
| Legal form | Private limited company(610) |
| Incorporation | 12-01-2023 |
| Status | Active |
| Postal code | 8400 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35026A0242/00L002 | Flanders | 2,194 m² | 1 · 898 m² | 7.7 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-10-2025 2 directors appointed
- Quinten Vandenbossche — Bestuurder
- NV TITECA — Dagelijks bestuur
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Quinten Vandenbossche",
"address": "8400 Oostende Hooggeleedstraat 10",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2025-10-01",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van Quinten Vandenbossche, met woonplaats te 8400 Oostende Hooggeleedstraat 10, als niet-statutaire bestuurder, en dit met ingang op 01/10/2025. Dit mandaat geldt voor onbepaalde duur. Het mandaat is onbezoldigd, tenzij de algemene vergadering daar me",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "dagelijks_bestuur",
"person": null,
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": "0882.371.584",
"name": "NV TITECA",
"address": "8800 Roeselare, Koestraat 175b bus 2.1",
"country": "BE",
"legal_form": "NV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleent volmacht aan NV TITECA, rechtspersoon met zetel te 8800 Roeselare, Koestraat 175b bus 2.1, RPR Gent, afdeling Kortrijk, gekend in de KBO onder nummer 0882.371.584, en aan diens aangestelden, voor onbepaalde tijd en tot aan de uitdrukkelijke herroeping, voor wat betre",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-10-15",
"filing_date": null,
"act_kind_objet": "Benoemingen"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-09-23",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0797.086.711",
"name_full": "QB1 RACING",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0882.371.584",
"org_name": "NV TITECA",
"person_name": "Cheullet Kelly",
"org_rep_person_name": "Cheullet Kelly",
"person_role_at_subject": "Aangestelde"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}15-10-2025 Change in the board of directors
Technical details
{
"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"
}
}16-01-2023 Incorporation of a new BV
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": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | QB1 RACING |