QBIC III FUND
The computed 12-month bankruptcy probability of QBIC III FUND is 0.8% (low). The 2024 annual accounts show equity of €25.96M and a net result of €-1.66M. Equity is growing by ~70.8% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €25.96M |
| Net result | €-1.66M |
| Active | 4 yrs |
| Locations | 1 |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 4 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-1.66M |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €25.96M |
| Equity | €25.96M |
| Debt | €983 |
| of which ≤ 1y | €983 |
| of which > 1y | - |
| Working capital | €6.10M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 6205.87 |
| Quick ratio | 6205.87 |
| Working capital ratio | 23.5% |
| Solvency | 100.0% |
| Debt / equity | 0.00 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -6.4% |
| ROE | -6.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €25.96M |
| Fixed assets | 21/28 | €19.87M |
| Financial fixed assets | 28 | €19.87M |
| Current assets | 29/58 | €6.10M |
| Amounts receivable within one year | 40/41 | €43k |
| Investments | 50/53 | €2.50M |
| Cash & bank | 54/58 | €3.53M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €25.96M |
| Equity | 10/15 | €25.96M |
| Contributions / capital | 10/11 | €26.56M |
| Accumulated profits (losses) | 14 | €-3.91M |
| Amounts payable | 17/49 | €983 |
| Amounts payable within one year | 42/48 | €983 |
| Trade debts payable within one year | 44 | €983 |
| Income statement | ||
| Gross operating margin | 9900 | €-1.80M |
| Operating result | 9901 | €-1.80M |
| Financial income | 75 | €140k |
| Financial charges | 65 | €128 |
| Result before taxes | 9903 | €-1.66M |
| Net result for the period | 9904 | €-1.66M |
| Result to be appropriated | 9905 | €-1.66M |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESCurrent Statutory auditor · represented by Kevin Defauw |
- | 11-02-2026 → present |
| NACE primary | - |
| Legal form | Limited partnership(612) |
| Incorporation | 03-03-2022 |
| Status | Active |
| Postal code | 9051 |
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. |
|---|---|---|---|---|
| 44062B0076/00K004 | Flanders | 2,554 m² | 1 · 328 m² | 18.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-02-2026 Kevin Defauw reappointed as statutory auditor
- Kevin Defauw, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Kevin Defauw",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0431088289",
"name": "BDO Bedrijfsrevisoren BV",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "Op voorstel van het bestuursorgaan, besluit de algemene vergadering te herbenoemen als commissaris van de vennootschap voor een periode van drie jaar, tot aan de jaarvergadering te houden in 2028: BDO Bedrijfsrevisoren BV, met zetel te 1930 Zaventem, Da Vincilaan 9 - Box E.6, RPR Brussel (Nederlands"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0782.842.062",
"name_full": "QBIC III FUND",
"legal_form": "CommV"
}
}28-06-2023 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2023-06-20",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0782.842.062",
"name_full": "QBIC III FUND",
"legal_form": "CommV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}17-08-2022 Registered office moved from Gent to Sint-Denijs-Westrem
- Hekers 3, 9052 Gent → Soenenspark 56, 9051 Sint-Denijs-Westrem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Sint-Denijs-Westrem",
"region": null,
"street": "Soenenspark",
"country": "BE",
"postcode": "9051",
"box_number": null,
"street_number": "56"
},
"old_address": {
"city": "Gent",
"region": null,
"street": "Hekers",
"country": "BE",
"postcode": "9052",
"box_number": null,
"street_number": "3"
},
"effective_date": "2022-06-13",
"evidence_quote": "De Statutaire Zaakvoerder beslist, op basis van de haar toegewezen bevoegdheid in artikel 2 van statuten, om met ingang vanaf heden, de maatschappelijke zetel te verplaatsen VAN: Hekers 3, 9052 Gent NAAR: Soenenspark 56, 9051 Sint-Denijs-Westrem"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0782.842.062",
"name_full": "QBIC III FUND",
"legal_form": "CommV"
}
}17-03-2022 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2022-03-09",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0782.842.062",
"name_full": "QBIC III FUND",
"legal_form": "CommV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}07-03-2022 Incorporation of a new Comm.VA
Technical details
{
"kind": "oprichting",
"seat": "Hekers 3, 9052 Zwijnaarde",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0782.427.932",
"name": "QBIC VENTURE PARTNERS III"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen op naam",
"partner_role": null,
"holder_org_kbo": "0782.427.932",
"holder_org_name": "QBIC VENTURE PARTNERS III",
"contribution_type": "cash",
"amount_paid_in_eur": 64970,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 6497,
"amount_subscribed_eur": 649700,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "BAETEN Sofie Silvia Pieter Paula",
"niss": null,
"address": "Hekers 3, 9052 Zwijnaarde (Gent)"
},
"share_class": "Aandelen op naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10,
"holder_person_name": "BAETEN Sofie Silvia Pieter Paula",
"is_subscriber_only": false,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 100,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "LEURIDAN Steven",
"niss": null,
"address": "Escoriallaan 1, 3000 Leuven"
},
"share_class": "Aandelen op naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10,
"holder_person_name": "LEURIDAN Steven",
"is_subscriber_only": false,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 100,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "VAN NEVEL C\u00E9dric Jacqueline Joseph Maurice",
"niss": null,
"address": "Nazarethsesteenweg 42, 9800 Deinze"
},
"share_class": "Aandelen op naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10,
"holder_person_name": "VAN NEVEL C\u00E9dric Jacqueline Joseph Maurice",
"is_subscriber_only": false,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 100,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 650000,
"subject_company": {
"kbo": "0782.842.062",
"name_full": "QBIC III FUND",
"legal_form": "Comm.VA"
},
"initial_directors": [],
"incorporation_date": "2022-03-02",
"post_incorporation_mandates": []
}| Legal nameNL | QBIC III FUND |