QC CONSULT
ActiveSummary
QC CONSULT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,434 and a net result of €12,335. Equity is growing by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+10
Solvency65▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.58 in 2024; short-term debt: 60% and cash: 18.5% of total assets), and 60.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.9%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
17 d late
2024
29 d late
2023
30 d late
2022
28 d late
2021
3 d early
2020
65 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€50,434▲ 32.4%
2024 · €38,099
Total assets
€126,488▲ 6.1%
2024 · €119,185
Net result
€12,335▲ 487%
2024 · €2,100
Working capital
-€25,967▲ 20.4%
2024 · -€32,622
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€55,154▲ 2,312%€30,240▼ 45.2%-€2,971€8,454€21,320▲ 152%
Net result€38,609within the sector's middle half€16,340within the sector's middle half▼ 57.7%-€6,796below the sector's middle half€2,100below the sector's middle half€12,335within the sector's middle half▲ 487%
Equity€26,454below the sector's middle half€42,795within the sector's middle half▲ 61.8%€35,999within the sector's middle half▼ 15.9%€38,099within the sector's middle half▲ 5.8%€50,434within the sector's middle half▲ 32.4%
Total assets€148,474within the sector's middle half▲ 170%€116,447within the sector's middle half▼ 21.6%€102,361within the sector's middle half▼ 12.1%€119,185within the sector's middle half▲ 16.4%€126,488within the sector's middle half▲ 6.1%
Debt€122,020▲ 81.8%€73,652▼ 39.6%€66,362▼ 9.9%€81,086▲ 22.2%€76,054▼ 6.2%
Working capital-€8,298below the sector's middle half▲ 75.9%-€22,384below the sector's middle half▼ 170%-€21,740below the sector's middle half▲ 2.9%-€32,622below the sector's middle half▼ 50.1%-€25,967below the sector's middle half▲ 20.4%
Solvency17.8%below the sector's middle half▲ 39.9pp36.8%within the sector's middle half▲ 18.9pp35.2%within the sector's middle half▼ 1.6pp32.0%within the sector's middle half▼ 3.2pp39.9%within the sector's middle half▲ 7.9pp
Current ratio0.93below the sector's middle half▲ 0.560.70below the sector's middle half▼ 0.240.63below the sector's middle half▼ 0.070.58below the sector's middle half▼ 0.040.66below the sector's middle half▲ 0.07
Return on assets (ROA)26.0%within the sector's middle half▲ 28.3pp14.0%within the sector's middle half▼ 12.0pp-6.6%below the sector's middle half▼ 20.7pp1.8%within the sector's middle half▲ 8.4pp9.8%within the sector's middle half▲ 8.0pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 152% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126,488
Fixed assets
€76,500 ▲ 4.2%
Current assets
€49,988 ▲ 9.1%
Equity and liabilities €126,488
Equity
€50,434 ▲ 32.4%
Debt
€76,054 ▼ 6.2%
Debt's share of the balance-sheet total falls from 68.0% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34,615▲
2024 · €20,997
Cash flow
€25,631▲
2024 · €14,642
Quick ratio
0.61▲
2024 · 0.54
Debt to equity
1.51▼
2024 · 2.13
ROE
24.5%▲
2024 · 5.5%
Interest coverage
13.61▲
2024 · 7.72
Debt ≤ 1 year
€75,955▼
2024 · €78,420
Income taxes
€6,441▲
2024 · €3,835
Staff costs
€29,436▲
2024 · €29,388
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,727 | - |
| Remuneration, social security and pensions62 | €16,458 | €22,628 | €21,960 | €29,388 | €29,436 | ▲ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,351 | €9,932 | €13,041 | €12,542 | €13,296 | ▲ 6.0% |
| Other operating charges640/8 | €53 | €482 | - | €2,615 | €1,229 | ▼ 53.0% |
| Non-recurring operating charges66A | - | - | - | €57 | - | - |
| Gross operating margin9900 | €81,016 | €63,283 | €32,031 | €53,057 | €65,280 | ▲ 23.0% |
| Operating profit (loss)9901 | €55,154 | €30,240 | -€2,971 | €8,454 | €21,320 | ▲ 152% |
| Financial income75/76B | €22 | €3 | €0 | €201 | €1 | ▼ 99.7% |
| Recurring financial income75 | €22 | €3 | €0 | €201 | €1 | ▼ 99.7% |
| Non-recurring financial income76B | €22 | €3 | - | - | - | - |
| Financial charges65/66B | €3,079 | €2,980 | €2,587 | €2,720 | €2,544 | ▼ 6.5% |
| Recurring financial charges65 | €3,076 | €2,980 | €2,536 | €2,720 | €2,544 | ▼ 6.5% |
| Non-recurring financial charges66B | €2 | - | €51 | - | - | - |
| Profit (loss) for the period before taxes9903 | €52,097 | €27,264 | -€5,558 | €5,935 | €18,776 | ▲ 216% |
| Income taxes67/77 | €13,488 | €10,923 | €1,238 | €3,835 | €6,441 | ▲ 68.0% |
| Profit (loss) for the period9904 | €38,609 | €16,340 | -€6,796 | €2,100 | €12,335 | ▲ 487% |
| Profit (loss) for the period to be appropriated9905 | €38,609 | €16,340 | -€6,796 | €2,100 | €12,335 | ▲ 487% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148,474 | €116,447 | €102,361 | €119,185 | €126,488 | ▲ 6.1% |
| Fixed assets21/28 | €34,752 | €65,179 | €65,739 | €73,387 | €76,500 | ▲ 4.2% |
| Intangible fixed assets21 | €20,799 | €17,828 | €14,856 | €11,885 | €8,914 | ▼ 25.0% |
| Tangible fixed assets22/27 | €13,953 | €47,351 | €50,883 | €61,502 | €67,586 | ▲ 9.9% |
| Plant, machinery and equipment23 | €2,822 | €1,662 | €4,989 | €11 | €2,302 | ▲ 21,239% |
| Furniture and vehicles24 | €9,931 | €5,679 | €1,946 | €3,226 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €1,200 | €40,010 | €43,947 | €58,265 | €65,284 | ▲ 12.0% |
| Current assets29/58 | €113,722 | €51,268 | €36,622 | €45,798 | €49,988 | ▲ 9.1% |
| Stocks and contracts in progress3 | €3,800 | €3,800 | €3,800 | €3,800 | €3,800 | = |
| Stocks30/36 | €3,800 | €3,800 | €3,800 | €3,800 | €3,800 | = |
| Amounts receivable within one year40/41 | €68,973 | €14,213 | €2,435 | €25,183 | €21,252 | ▼ 15.6% |
| Trade receivables40 | €68,973 | €14,213 | €157 | €22,905 | €21,252 | ▼ 7.2% |
| Other amounts receivable41 | - | - | €2,278 | €2,278 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €38,870 | €33,255 | €30,388 | €15,776 | €23,361 | ▲ 48.1% |
| Deferred charges and accrued income490/1 | €2,079 | - | - | €1,039 | €1,576 | ▲ 51.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148,474 | €116,447 | €102,361 | €119,185 | €126,488 | ▲ 6.1% |
| Equity10/15 | €26,454 | €42,795 | €35,999 | €38,099 | €50,434 | ▲ 32.4% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | - | €16,340 | €16,340 | €16,340 | €16,340 | = |
| Distributable reserves133 | - | €16,340 | €16,340 | €16,340 | €16,340 | = |
| Profit (loss) carried forward14 | €14,054 | €14,054 | €7,259 | €9,359 | €21,694 | ▲ 132% |
| Amounts payable17/49 | €122,020 | €73,652 | €66,362 | €81,086 | €76,054 | ▼ 6.2% |
| Amounts payable within one year42/48 | €122,020 | €73,652 | €58,362 | €78,420 | €75,955 | ▼ 3.1% |
| Trade debts44 | €68,783 | €28,695 | €3,472 | €8,668 | €25,081 | ▲ 189% |
| Suppliers440/4 | €68,783 | €28,695 | €3,472 | €8,668 | €25,081 | ▲ 189% |
| Advances received on contracts in progress46 | - | - | - | €8,000 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €27,084 | €20,965 | €20,717 | €14,021 | €29,493 | ▲ 110% |
| Taxes450/3 | €26,667 | €17,964 | €17,052 | €9,940 | €25,227 | ▲ 154% |
| Remuneration and social security454/9 | €417 | €3,001 | €3,665 | €4,081 | €4,266 | ▲ 4.5% |
| Other amounts payable47/48 | €26,152 | €23,992 | €34,174 | €47,732 | €21,381 | ▼ 55.2% |
| Accrued charges and deferred income492/3 | - | - | €8,000 | €2,667 | €99 | ▼ 96.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,609 | €16,340 | -€6,796 | €2,100 | €12,335 | ▲ 487% |
| + Depreciation and write-downs630 | €9,351 | €9,932 | €13,041 | €12,542 | €13,296 | ▲ 6.0% |
| Operating cash flow (approximation) | €47,960 | €26,272 | €6,246 | €14,642 | €25,631 | ▲ 75.0% |
| Investment in fixed assets (approximation) | - | -€40,358 | -€13,602 | -€20,191 | -€16,408 | ▲ 18.7% |
| Change in cash | - | -€5,615 | -€2,867 | -€14,611 | €7,585 | ▲ 152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
21-10
State Gazette act
General meeting · Auditor reappointment
Power of attorney
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €2,100
Net result €2,100 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €38,609
Net result €38,609 after one loss-making year.
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
02-06
State Gazette act
General meeting · Share issue
Statutes amendment · Capital increase
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Back to profitnet €529
Net result €529 after one loss-making year.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
19-06
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
06-04
State Gazette act
General meeting · Capital increase
Bank account · Share issue
2016
04-04
State Gazette act
Incorporation · Founding capital
Bank account · Corporate purpose
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tervuren · 1 establishment unit since 2016
Ground area
2,493 m²
Building footprint
288 m²
Volume, LiDAR
2,048 m³
Parcel 24104B0012/00E000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
QC CONSULT
since 20162.252.826.879
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24104B0012/00E000 | Flanders | 2,493 m² | 1 · 288 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded25-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0650790618
Registered
15-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.