Turnover
≈ €110,000 estimated
The micro format states no turnover.
QCode
Overview
Lifetime
1 annual account with figurespeak €56,979 (2025)
€56,979
peak €42,800 (2025)
€42,800
peak €44,967 (2025)
€44,967
€21,822
Board1 name since 2024
1 directorCLAES, Quinten
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Registered office moved from Antwerp to Boortmeerbeek 26-05Dividend €833First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 300 shares
Checked score
96
Excellent
Financially stronger than 71% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.7%
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.9%▲ +0.1 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.8 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.60, cash €54,879
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €66,789
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 62, micro). It does better than 60% of them on solvency, 71% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as QCode has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of QCode itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 11,279 companies, not a prediction for QCode. 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.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.6, above the usual 1.5. Short-term debt is 32.7% and cash 82.2% of total assets. 32.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Antwerp to Boortmeerbeek
New registered office: Irislaan 3, 3191 Boortmeerbeek · Previous registered office: Zusters van Onze-Lieve-Vrouwstraat 27, 2170 Antwerpen · Board meeting of 28-04-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017222964
Incorporation
Founding capital of €3,000, 300 shares · Founder: CLAES, Quinten · Appointment: CLAES, Quinten (director) · published on 13-12-2024 · Gazette deed
First establishment
Irislaan 3, Boortmeerbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QCode Boortmeerbeek | €66,789 | €56,979 | 67.3% | - |
| M. NELIS CONSULTING Boortmeerbeek | €61,601 | €54,827 | 86.3% | - |
| EUCRAVE Zaventem | €63,547 | €54,547 | 66.7% | - |
| Upward IT Affligem | €71,035 | €52,129 | 59.5% | - |
| Tahon Digital Zaventem | €63,723 | €59,165 | 72.9% | - |
| Hormesis Leuven | €64,900 | €50,575 | 62.9% | - |
| NetCal Glabbeek | €76,362 | €59,359 | 59.0% | - |
These companies have the same main activity as QCode: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €61,600 and €76,400, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 11-12-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.367.267.8753191 Boortmeerbeek, since 11-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-12-2024
Annual accounts 2025
- €56,979
- €42,800
- €44,967
- €66,789
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on QCode
QCode has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,967 and a net result of €42,800.
Its solvency ranks better than 58% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadline€56,979
€55,526
€42,800
€34,906
67.3%
2.60
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €98,000 and €140,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €66,789 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
67.3%
Higher than 58% of 21,208 companies in 2025.
2.60
Higher than 52% of 20,571 companies in 2025.
64.1%
Higher than 93% of 20,746 companies in 2025.
QCode
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
66,789 | |
21/28 |
10,061 | |
22/27 |
10,061 | |
23 |
5,342 | |
26 |
4,719 | |
29/58 |
56,728 | |
40/41 |
856 | |
41 |
856 | |
54/58 |
54,879 | |
490/1 |
993 | |
| Balance sheet: equity and liabilities | ||
10/49 |
66,789 | |
10/15 |
44,967 | |
10/11 |
3,000 | |
13 |
41,967 | |
133 |
41,967 | |
17/49 |
21,822 | |
42/48 |
21,822 | |
43 |
497 | |
430/8 |
497 | |
44 |
3,104 | |
440/4 |
3,104 | |
45 |
17,388 | |
450/3 |
17,388 | |
47/48 |
833 | |
| Income statement | ||
9900 |
56,979 | |
630 |
1,227 | |
640/8 |
226 | |
9901 |
55,526 | |
75/76B |
7 | |
75 |
7 | |
65/66B |
577 | |
65 |
577 | |
9903 |
54,957 | |
67/77 |
12,157 | |
9904 |
42,800 | |
9905 |
42,800 | |
| Appropriation of the result | ||
9906 |
42,800 | |
691/2 |
41,967 | |
6921 |
41,967 | |
694/7 |
833 | |
694 |
833 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00360996 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 56,754 | ||
| 44,027 | ||
| 11,288 | ||
| 34,906 | ||
| 67.3% | ||
| 2.60 | ||
| 0.49 | ||
| 95.2% | ||
| 64.1% | ||
| 98.39 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €11,288 |
| €1,227 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on QCode
Debt's share of the balance-sheet total is 32.7%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 11-12-2024
listed in the 2025 annual accounts, filed on 30-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-12-2024
Mandates through the years
1 name, the dashed line is todayCLAES, Quinten
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- CLAES, Quinten
- Director (not named in the articles), from 11-12-2024 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €150 in 2025
- Source
- deed of 13-12-2024
Articles of association
deed of 13-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of June at 19:00
- 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
Shareholders
At incorporation
deed of 13-12-2024 ↗
- CLAES, Quinten 300 shares (100%) · €3,000
Network & group
No group
QCode has no parent and no holdings in its annual accounts. CLAES, Quinten is the only director. QCode shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
Address
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 1 day before the deadline
2025
Registered office moved from Antwerp to BoortmeerbeekNew registered office: Irislaan 3, 3191 Boortmeerbeek · Previous registered office: Zusters van Onze-Lieve-Vrouwstraat 27, 2170 Antwerpen · Board meeting of 28-04-20252 points ▸
- Board meeting, 28-04-2025
- Registered-office move, Irislaan 3, 3191 Boortmeerbeek
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017222964
IncorporationFounding capital of €3,000, 300 shares · Founder: CLAES, Quinten · Appointment: CLAES, Quinten (director) · published on 13-12-20245 points ▸
- Founder, CLAES, Quinten
- Founding capital, €3,000, 300 shares
- Registered office clause, Zusters van Onze-Lieve-Vrouwstraat 27, 2170 Antwerpen
- Board rule, 1
- Director appointment, CLAES, Quinten (director (not named in the articles))
- The deed holds 4 more points.
First establishment Irislaan 3, Boortmeerbeek
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 11 December 2024, QCode was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Boortmeerbeek.3 CLAES, Quinten has served as director since 2024.4
Company details
Identity
- Enterprise number
- 1017.222.964
- VAT number
- BE 1017.222.964
- Peppol ID
- 0208:1017222964
- Other Peppol ID
- 9925:BE1017222964
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of June at 19:00deed of 13-12-2024 (in Dutch)
- Peppol
- Reachable since 13-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- QCode in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 13-12-2024 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
46510
Wholesale trade
47990
Retail trade
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Groothandel in computers,randapparatuur en software; Detailhandel via postorderbedrijven of via internet; Ontwerpen en programmeren van…”deed of 13-12-2024 (in Dutch)
18 activities
- Groothandel in computers,randapparatuur en software
- Detailhandel via postorderbedrijven of via internet
- Ontwerpen en programmeren van computerprogramma’s
- Computerconsultancy-activiteiten
- Beheer van computerfaciliteiten
- Overige diensten op het gebied van informatietechnologie en computer
- Gegevensverwerking,webhosting en aanverwante activiteiten
- Webportalen
- Overige dienstverlenende activiteiten op het gebied van informatie,n.e.g.
- Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
- Reclamebureaus
- Activiteiten van grafische designers
- Verhuur en lease van kantoormachines,inclusief computers
- Lease van intellectuele eigendom en vergelijkbare producten,met uitzondering van werken onder auteursrecht
- Overige zakelijke dienstverlening,n.e.g.
- Beroepsopleiding
- Overige onderwijsondersteunende dienstverlening
- Reparatie van computers en randapparatuur
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Irislaan 3 registered office 3191 Boortmeerbeek | 11-12-2024 | 2.367.267.875 |
1 former office
- Zusters van Onze-Lieve-Vrouwstraat 27, 2170 Antwerpen until 05-04-2025 · deed of 26-05-2025
Buildings and parcels at the address
- Ground area
- 952 m²
- Buildings
- 158 m²
- Volume, LiDAR
- 672 m³
- Tallest building
- 5.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24039B0483/00N000 | 952 m² | 1 · 158 m² | 5.9 m · 1 |