QBL CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of QBL CONSTRUCT is 4.6% (elevated). The annual accounts of QBL CONSTRUCT for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €8,874 and a net result of -€9,259. Its solvency ranks better than 21% of 9,415 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-09-2023 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 4 others
- Establishment unit
- 2.350.891.109 6040 Charleroi, since 28-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-06-2026
Board and ownership
- LEROY Quentin Jean MichelDirector · since 28-09-2023
- LEROY Quentin Jean Michel100 sharesdeed of 02-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.6%
- Gross margin
- €22,149
- ▼ 58.7%
- Turnover
- ≈ €260,000
- estimated
- Loss
- €9,259
- Equity
- €8,874
- ▼ 51.1%
- Total assets
- €63,657
- ▼ 22.9%
- Employees on 31-12-2025
- 1
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2023Last filed accounts filed 25 days late; 1 of the last 3 accounts lateEquity €8,874 (13.9% of total assets)Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 21% of them on solvency, 42% on liquidity, 24% on profitability and 10% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 47 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 25 days after the deadline Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00440895.
Annual accounts 2025 filed on 25-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €5,835, after a profit of €25,729 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 1 |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €81,127 | €8,067 |
| Depreciation and write-downs of the year | €19,625 | €20,071 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6,383 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,625 | €20,071 | ▲ 2.3% |
| Other operating charges640/8 | €8,317 | €1,530 | ▼ 81.6% |
| Gross operating margin9900 | €53,671 | €22,149 | ▼ 58.7% |
| Operating profit (loss)9901 | €25,729 | -€5,835 | - |
| Financial income75/76B | €64 | €30 | ▼ 52.3% |
| Recurring financial income75 | €64 | €30 | ▼ 52.3% |
| Financial charges65/66B | €2,802 | €3,058 | ▲ 9.2% |
| Recurring financial charges65 | €2,802 | €3,058 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | €22,991 | -€8,863 | - |
| Income taxes67/77 | €8,058 | €397 | ▼ 95.1% |
| Profit (loss) for the period9904 | €14,933 | -€9,259 | - |
| Profit (loss) for the period to be appropriated9905 | €14,933 | -€9,259 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €82,572 | €63,657 | ▼ 22.9% |
| Fixed assets21/28 | €61,502 | €49,499 | ▼ 19.5% |
| Tangible fixed assets22/27 | €61,502 | €49,499 | ▼ 19.5% |
| Plant, machinery and equipment23 | €10,668 | €12,610 | ▲ 18.2% |
| Furniture and vehicles24 | €50,834 | €36,889 | ▼ 27.4% |
| Current assets29/58 | €21,070 | €14,159 | ▼ 32.8% |
| Amounts receivable within one year40/41 | €11,021 | €1,911 | ▼ 82.7% |
| Trade receivables40 | €5,953 | €53 | ▼ 99.1% |
| Other amounts receivable41 | €5,068 | €1,858 | ▼ 63.3% |
| Cash at bank and in hand54/58 | €9,281 | €10,619 | ▲ 14.4% |
| Deferred charges and accrued income490/1 | €768 | €1,629 | ▲ 112% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €82,572 | €63,657 | ▼ 22.9% |
| Equity10/15 | €18,133 | €8,874 | ▼ 51.1% |
| Contributions10/11 | €3,200 | €3,200 | = |
| Reserves13 | €14,933 | €14,933 | = |
| Distributable reserves133 | €14,933 | €14,933 | = |
| Profit (loss) carried forward14 | - | -€9,259 | - |
| Amounts payable17/49 | €64,439 | €54,784 | ▼ 15.0% |
| Amounts payable after more than one year17 | €31,337 | €20,163 | ▼ 35.7% |
| Financial debts170/4 | €31,337 | €20,163 | ▼ 35.7% |
| Amounts payable within one year42/48 | €33,102 | €34,008 | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | €10,521 | €11,175 | ▲ 6.2% |
| Trade debts44 | €8,443 | €8,523 | ▲ 0.9% |
| Suppliers440/4 | €8,443 | €8,523 | ▲ 0.9% |
| Taxes, remuneration and social security45 | €10,878 | €11,984 | ▲ 10.2% |
| Taxes450/3 | €9,058 | €8,970 | ▼ 1.0% |
| Remuneration and social security454/9 | €1,820 | €3,014 | ▲ 65.6% |
| Other amounts payable47/48 | €3,260 | €2,326 | ▼ 28.6% |
| Accrued charges and deferred income492/3 | - | €613 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,933 | -€9,259 | - |
| + Depreciation and write-downs630 | €19,625 | €20,071 | ▲ 2.3% |
| Operating cash flow (approximation) | €34,558 | €10,811 | ▼ 68.7% |
| Investment in fixed assets (approximation) | - | -€8,067 | - |
| Change in cash | - | €1,338 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,207 companies had the same profile as QBL CONSTRUCT has now. Two years later, 90.1% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of QBL CONSTRUCT itself: 4.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,207 companies, not a prediction for QBL CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- LEROY Quentin Jean Michel 100 shares (100%) · €3,200 in cash
Capital transactions
- 02-10-2023 Incorporation · €3,200 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Portée aux frais généraux indépendamment des frais de représentation,voyages et déplacements, si rémunéré,assemblée à majorité absolue ou…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 02-10-2023 (in French)
Network & group
QBL CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of QBL CONSTRUCT. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
02-10
Gazette deed
IncorporationFounding capital of €3,200, 100 shares · Founder: LEROY Quentin Jean Michel · Appointment: LEROY Quentin Jean Michel (sole director)6 points ▸
- Registered office clause, Rue Lambillotte Joseph 24, 6040 Charleroi (section de Jumet)
- Director appointment, LEROY Quentin Jean Michel (sole director)
- Incorporation, 27-09-2023
- Founder, LEROY Quentin Jean Michel
- Founding capital, €3,200, 100 shares
- 100 shares
- The deed holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
14 activities
- La réalisation de tous travaux immobiliers,en direct,en sous-traitance ou en responsable de l’oeuvre ; que ce soit dans les finitions ou dans les gros oeuvres ;
- La promotion immobilière,résidentielle ou non ;
- Le montage d’immeuble à orientation agricole ;
- La fabrication de cadres métalliques ou d’ossatures pour la construction ;
- Le placement de fondation et tout travail d’aménagement d’extérieur en général ;
- Tous travaux de démolition,de préparation de chantier et travaux de terrassement,et tous les travaux annexes (tel que le déblayage ou le nettoyage de chantier,le montage et démontage d’échafaudage …) ;
- L'entreprise d'isolation thermique et acoustique ;
- La fourniture et la pose de châssis ;
- Toutes activités généralement quelconques se rapportant directement ou indirectement : a. au nettoyage et à l’entretien d’immeubles,au nettoyage de vitres et de bureaux ;
- B. aux petits travaux de bureau,services intérimaires,sous-traitance ;
- C. à l’entreprise générale de bâtiment,de peinture,de maçonnerie,d'électricité,de toiture ;
- D. au transport de personnes et de marchandises ;
- E. à la vente en détail et/ou en gros,l’import-export de matériaux de construction,matériel électrique et électronique,sanitaire et de plomberie
- L'achat,la vente,la location,la prise à bail,la rénovation et la transformation de tous biens immeubles.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1000.412.171
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52363D0429/00Y003 | Wallonia | 107 m² | 1 · 39 m² | 13.4 m · 4 |