QD-tec
ActiveSummary
QD-tec has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,056 and a net result of -€697. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 31% of 409 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-14
Solvency54▼-27
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.82 in 2024; short-term debt: 71.1% and cash: 7.2% of total assets), and 71.3% 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+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.7%
Return on assets
-0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
14 d early
2023
5 d early
2022
1 d early
2021
20 d early
2020
38 d early
2019
46 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is 11 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 26 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#10 company by total assets in Merksplas, Manufacturing sector
Equity
€76,056▼ 42.3%
2024 · €131,746
Total assets
€265,097▲ 13.5%
2024 · €233,619
Net result
-€697
2024 · €23,912
Working capital
€9,791▼ 88.1%
2024 · €82,378
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€26,431€30,998€3,947▼ 87.3%€26,118▲ 562%€54▼ 99.8%
Net result-€21,452below the sector's middle half€24,317within the sector's middle half€1,715below the sector's middle half▼ 92.9%€23,912within the sector's middle half▲ 1,295%-€697below the sector's middle half
Equity€81,803below the sector's middle half▼ 20.8%€106,119below the sector's middle half▲ 29.7%€107,834below the sector's middle half▲ 1.6%€131,746below the sector's middle half▲ 22.2%€76,056below the sector's middle half▼ 42.3%
Total assets€228,203below the sector's middle half▲ 49.9%€249,014below the sector's middle half▲ 9.1%€300,855below the sector's middle half▲ 20.8%€233,619below the sector's middle half▼ 22.3%€265,097below the sector's middle half▲ 13.5%
Debt€146,400▲ 199%€142,894▼ 2.4%€193,021▲ 35.1%€101,873▼ 47.2%€189,041▲ 85.6%
Working capital€38,606below the sector's middle half▼ 25.2%€61,525within the sector's middle half▲ 59.4%€62,603below the sector's middle half▲ 1.8%€82,378within the sector's middle half▲ 31.6%€9,791below the sector's middle half▼ 88.1%
Solvency35.8%within the sector's middle half▼ 32.0pp42.6%within the sector's middle half▲ 6.8pp35.8%within the sector's middle half▼ 6.8pp56.4%within the sector's middle half▲ 20.6pp28.7%within the sector's middle half▼ 27.7pp
Current ratio1.27within the sector's middle half▼ 1.271.43within the sector's middle half▲ 0.161.33within the sector's middle half▼ 0.111.82within the sector's middle half▲ 0.501.05below the sector's middle half▼ 0.77
Return on assets (ROA)-9.4%below the sector's middle half▼ 20.1pp9.8%within the sector's middle half▲ 19.2pp0.6%within the sector's middle half▼ 9.2pp10.2%within the sector's middle half▲ 9.7pp-0.3%below the sector's middle half▼ 10.5pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 100% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265,097
Fixed assets
€66,901 ▲ 31.3%
Current assets
€198,196 ▲ 8.5%
Equity and liabilities €265,097
Equity
€76,056 ▼ 42.3%
Debt
€189,041 ▲ 85.6%
Debt's share of the balance-sheet total rises from 43.6% to 71.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11,410▼
2024 · €34,032
Cash flow
€10,659▼
2024 · €31,826
Debt to equity
2.49▲
2024 · 0.77
ROE
-0.9%▼
2024 · 18.2%
Interest coverage
14.52▼
2024 · 19.67
Debt ≤ 1 year
€188,404▲
2024 · €100,288
Income taxes
€659▼
2024 · €6,940
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,166 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.2%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,166 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 | - | €10,000 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,531 | €18,519 | €10,415 | €7,913 | €11,356 | ▲ 43.5% |
| Other operating charges640/8 | - | €2,057 | €2,762 | €2,302 | €2,494 | ▲ 8.4% |
| Non-recurring operating charges66A | - | - | - | - | €360 | - |
| Gross operating margin9900 | €411 | €51,573 | €17,124 | €36,333 | €14,264 | ▼ 60.7% |
| Operating profit (loss)9901 | -€26,431 | €30,998 | €3,947 | €26,118 | €54 | ▼ 99.8% |
| Financial income75/76B | - | €436 | €180 | €6,464 | €695 | ▼ 89.2% |
| Recurring financial income75 | €8,012 | €436 | €180 | €6,464 | €695 | ▼ 89.2% |
| Financial charges65/66B | - | €1,859 | €1,211 | €1,730 | €786 | ▼ 54.6% |
| Recurring financial charges65 | €2,105 | €1,859 | €1,211 | €1,730 | €786 | ▼ 54.6% |
| Profit (loss) for the period before taxes9903 | -€20,524 | €29,575 | €2,916 | €30,852 | -€38 | ▼ 100% |
| Income taxes67/77 | €929 | €5,259 | €1,201 | €6,940 | €659 | ▼ 90.5% |
| Profit (loss) for the period9904 | -€21,452 | €24,317 | €1,715 | €23,912 | -€697 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | -€21,452 | €24,317 | €1,715 | €23,912 | -€697 | ▼ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €228,203 | €249,014 | €300,855 | €233,619 | €265,097 | ▲ 13.5% |
| Fixed assets21/28 | €49,000 | €45,731 | €46,182 | €50,953 | €66,901 | ▲ 31.3% |
| Tangible fixed assets22/27 | €26,308 | €15,039 | €15,490 | €20,276 | €44,224 | ▲ 118% |
| Plant, machinery and equipment23 | - | €8,758 | €10,892 | €17,162 | €28,475 | ▲ 65.9% |
| Furniture and vehicles24 | - | €5,200 | €3,878 | €2,754 | €14,297 | ▲ 419% |
| Leasing and similar rights25 | - | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | €1,080 | €720 | €360 | €1,452 | ▲ 303% |
| Financial fixed assets28 | €22,692 | €30,692 | €30,692 | €30,677 | €22,677 | ▼ 26.1% |
| Current assets29/58 | €179,203 | €203,283 | €254,673 | €182,666 | €198,196 | ▲ 8.5% |
| Stocks and contracts in progress3 | €1,128 | €1,181 | €0 | - | - | - |
| Stocks30/36 | - | €1,181 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €158,620 | €176,060 | €245,017 | €170,186 | €174,175 | ▲ 2.3% |
| Trade receivables40 | - | €29,136 | €17,561 | €21,151 | €10,461 | ▼ 50.5% |
| Other amounts receivable41 | - | €146,924 | €227,456 | €149,035 | €163,714 | ▲ 9.8% |
| Cash at bank and in hand54/58 | €14,835 | €21,334 | €5,042 | €7,710 | €19,118 | ▲ 148% |
| Deferred charges and accrued income490/1 | - | €4,708 | €4,613 | €4,770 | €4,903 | ▲ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €228,203 | €249,014 | €300,855 | €233,619 | €265,097 | ▲ 13.5% |
| Equity10/15 | €81,803 | €106,119 | €107,834 | €131,746 | €76,056 | ▼ 42.3% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €56,993 | €81,310 | €83,024 | €83,024 | €28,031 | ▼ 66.2% |
| Distributable reserves133 | - | €81,310 | €83,024 | €83,024 | €28,031 | ▼ 66.2% |
| Profit (loss) carried forward14 | €4,810 | €4,810 | €4,810 | €28,722 | €28,025 | ▼ 2.4% |
| Amounts payable17/49 | €146,400 | €142,894 | €193,021 | €101,873 | €189,041 | ▲ 85.6% |
| Amounts payable after more than one year17 | €4,865 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €140,597 | €141,758 | €192,069 | €100,288 | €188,404 | ▲ 87.9% |
| Current portion of amounts payable after more than one year42 | - | €4,865 | €0 | - | - | - |
| Trade debts44 | €17,560 | €4,386 | €1,187 | €2,916 | €10,960 | ▲ 276% |
| Suppliers440/4 | - | €4,386 | €1,187 | €2,916 | €10,960 | ▲ 276% |
| Advances received on contracts in progress46 | - | €25,165 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €11,413 | €3,160 | €330 | €1,052 | ▲ 218% |
| Taxes450/3 | - | €11,413 | €3,160 | €330 | €1,052 | ▲ 218% |
| Other amounts payable47/48 | - | €95,929 | €187,722 | €97,042 | €176,393 | ▲ 81.8% |
| Accrued charges and deferred income492/3 | - | €1,136 | €951 | €1,585 | €637 | ▼ 59.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,452 | €24,317 | €1,715 | €23,912 | -€697 | ▼ 103% |
| + Depreciation and write-downs630 | €22,531 | €18,519 | €10,415 | €7,913 | €11,356 | ▲ 43.5% |
| Operating cash flow (approximation) | €1,079 | €42,835 | €12,129 | €31,826 | €10,659 | ▼ 66.5% |
| Investment in fixed assets (approximation) | - | -€15,250 | -€10,866 | -€12,685 | -€27,304 | ▼ 115% |
| Change in cash | - | €6,499 | -€16,292 | €2,668 | €11,408 | ▲ 328% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €24,317
Net result €24,317 after one loss-making year.
30-06
Financial
Equity above €100,000Eq €106,119 ▲29.7%
Equity rises from €81,803 to €106,119.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€21,452
Net result drops to -€21,452, the lowest in the series; recovery starts the following year.
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Back to profitnet €16,242
Net result €16,242 after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 2.55
Current ratio from 1.06 to 2.55; short-term debt falls from €254,382 to €33,333.
30-06
Financial
Equity above €100,000Eq €103,255 ▲18.7%
Equity rises from €87,013 to €103,255.
Show earlier events
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merksplas · 1 establishment unit since 2011
Ground area
2.3 ha
Building footprint
796 m²
Volume, LiDAR
4,014 m³
Parcel 13023I0185/00G004, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
QD-Tec
since 20112.198.665.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023I0185/00G004 | Flanders | 2.3 ha | 1 · 796 m² | 12.0 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
Owners and holdings
2 holdingsOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 2
-
90%
-
37%
According to the annual accounts to 30-06-2025 of QD-tec and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 346 companies in sector 28990 we hold annual accounts for 278. 166 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-04-2011
Fiscal year end30-06
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
68121Development of residential building projects
68122Development of non-residential building projects
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835620455
Also
9925:BE0835620455
Registered
10-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.