QELSA
ActiveQELSA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €33k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 8584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+1
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 9.37 against 43.28 in 2024), and 9.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 70
lower
← 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
90.7%
Return on assets
12.6%
Age of the figures
8 mo
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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
3 d early
2023
5 d early
2022
59 d late
2021
11 d early
2020
4 d late
2019
82 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€238k▲ 5.9%
2024 · €225k
2018: €41k
2019: €58k
2020: €88k
2021: €117k
2022: €156k
2023: €194k
2024: €225k
2018 → 2025
Total assets
€262k▲ 14.0%
2024 · €230k
2018: €101k
2019: €67k
2020: €104k
2021: €137k
2022: €173k
2023: €205k
2024: €230k
2018 → 2025
Net result
€33k▲ 7.5%
2024 · €31k
2018: €17k
2019: €11k
2020: €30k
2021: €29k
2022: €38k
2023: €39k
2024: €31k
2018 → 2025
Working capital
€203k▼ 9.7%
2024 · €225k
2018: €39k
2019: €58k
2020: €87k
2021: €116k
2022: €163k
2023: €194k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€156k▲ 32.7%€194k▲ 24.7%€225k▲ 15.9%€238k▲ 5.9%
Operating result€43k-€53k▲ 24.7%€54k▲ 0.9%€43k▼ 19.4%€45k▲ 3.9%
Net result€29k-€38k▲ 33.1%€39k▲ 0.5%€31k▼ 19.9%€33k▲ 7.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262k
Fixed assets
€35k▲ 65,268%
Current assets
€227k▼ 1.2%
Equity and liabilities €262k
Equity
€238k▲ 5.9%
Debt
€24k▲ 356%
The debt ratio rises from 2.3% to 9.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€54k▲
2024 · €44k
Cash flow
€42k▲
2024 · €31k
Solvency
90.7%▼
2024 · 97.7%
Current ratio
9.37▼
2024 · 43.28
Quick ratio
9.37▼
2024 · 43.28
Debt / equity
0.10▲
2024 · 0.02
ROE
13.9%▲
2024 · 13.7%
ROA
12.6%▼
2024 · 13.4%
Interest coverage
360.01▲
2024 · 316.47
Debt
€24k▲
2024 · €5k
Debt ≤ 1 year
€24k▲
2024 · €5k
Income taxes
€12k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€230k€262k▲
Fixed assets21/28€54€35k▲
Tangible fixed assets22/27€28€35k▲
Plant, machinery and equipment23€28€0▼
Furniture and vehicles24-€35k
Financial fixed assets28€26€26=
Current assets29/58€230k€227k▼
Amounts receivable within one year40/41€8k€8k▲
Trade receivables40€7k€7k▼
Other amounts receivable41€638€1k▲
Cash at bank and in hand54/58€222k€219k▼
Deferred charges and accrued income490/1€433€188▼
Equity and liabilities
Total equity and liabilities10/49€230k€262k▲
Equity10/15€225k€238k▲
Contributions10/11€19k€19k=
Reserves13€179k€212k▲
Distributable reserves133€179k€212k▲
Profit (loss) carried forward14€27k€7k▼
Amounts payable17/49€5k€24k▲
Amounts payable within one year42/48€5k€24k▲
Trade debts44€617€406▼
Suppliers440/4€617€406▼
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€4k€21k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€330€9k▲
Other operating charges640/8€668€692▲
Gross operating margin9900€44k€55k▲
Operating profit (loss)9901€43k€45k▲
Financial charges65/66B€138€150▲
Recurring financial charges65€138€150▲
Profit (loss) for the period before taxes9903€43k€45k▲
Income taxes67/77€12k€12k▼
Profit (loss) for the period9904€31k€33k▲
Profit (loss) for the period to be appropriated9905€31k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€60k▲
Profit (loss) brought forward from the previous period14P€27k€27k=
Transfer to equity691/2€31k€33k▲
To other reserves6921€31k€33k▲
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 43.28
Current ratio from 17.96 to 43.28; short-term debt falls from €11k to €5k.
31-12
Financial
Equity above €200kEq €225k ▲15.9%
7 profitable years in a row build equity to €225k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €39k ▲0.5%
Operating result €54k, net result €39k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 18.54
Current ratio from 6.84 to 18.54; short-term debt falls from €20k to €9k.
31-12
Financial
Equity above €150kEq €156k ▲32.7%
5 profitable years in a row build equity to €156k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €117k ▲32.5%
4 profitable years in a row build equity to €117k.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet €11k ▼37.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 7.57
Current ratio from 1.71 to 7.57; short-term debt falls from €55k to €9k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
05-07
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.
Directors · office · real estate
Directors
1 director, no change since 2023
KOEKKELKOREN Resie
CurrentNon-statutory director · since 27-12-2023
27-12-2023
Resigned as Manager
27-12-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Lanaken · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rankenlaan 313620 LanakenGround area
695 m²
Building footprint
175 m²
Volume, LiDAR
917 m³
Parcel 73042D0270/00A000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QELSA
since 20152.237.900.262
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042D0270/00A000 | Flanders | 695 m² | 1 · 175 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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P3 SERVICES
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Filia
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,992 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:familie.kostons@telenet.be