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QEP

Active
Private limited companyfounded 20215 yrs activeGlimwormenlaan 16, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0767.575.648

QEP has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €-2k. Equity is shrinking by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
52 / 100
Fair▼ -42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-36
Solvency100=
Growth32=
Stability94
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Age of the figures
Age of the figures
8 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
74 d early
2024
31 d early
2023
40 d early
2022
31 d early
2021
25 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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€2k▼ 58.6%
2024 · €4k
2021: €8k 2022: €6k 2023: €3k 2024: €4k
2021 → 2025
Total assets
€2k▼ 60.1%
2024 · €4k
2021: €12k 2022: €6k 2023: €3k 2024: €4k
2021 → 2025
Net result
€-2k
2024 · €259
2021: €8k 2022: €-2k 2023: €-2k 2024: €259
2021 → 2025
Working capital
€1k▼ 59.3%
2024 · €3k
2021: €7k 2022: €5k 2023: €3k 2024: €3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€8k-€6k▼ 25.5%€3k▼ 40.0%€4k▲ 7.7%€2k▼ 58.6%
Operating result€10k-€-2k€-2k▼ 18.7%€295€-2k
Net result€8k-€-2k€-2k▼ 16.8%€259€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2021: €10k€10kNet result 2021: €8k€8kOperating result 2022: €-2k€-2kNet result 2022: €-2k€-2kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €295€295Net result 2024: €259€259Operating result 2025: €-2k€-2kNet result 2025: €-2k€-2k20212022202320242025
The operating result turns negative in 2025: a loss of €2k after €295 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2k
Fixed assets €177▼ 39.6%
Current assets €1k▼ 60.9%
Equity and liabilities €2k
Equity €2k▼ 58.6%
Debt €141▼ 71.2%
The debt ratio falls from 11.9% to 8.6%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-2k
2024 · €534
Cash flow
€-2k
2024 · €498
Interest coverage
-42.67
2024 · 14.40
Debt
€141
2024 · €490
Debt ≤ 1 year
€141
2024 · €490
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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€4k€2k
Formation expenses20€182€42
Fixed assets21/28€293€177
Tangible fixed assets22/27€248€132
Furniture and vehicles24€248€132
Financial fixed assets28€44€44=
Current assets29/58€4k€1k
Amounts receivable within one year40/41€980€1k
Other amounts receivable41€980€1k
Cash at bank and in hand54/58€3k€22
Equity and liabilities
Total equity and liabilities10/49€4k€2k
Equity10/15€4k€2k
Contributions10/11€50€50=
Profit (loss) carried forward14€4k€1k
Amounts payable17/49€490€141
Amounts payable within one year42/48€490€141
Trade debts44€392-
Suppliers440/4€392-
Other amounts payable47/48€98€141
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€239€256
Gross operating margin9900€534€-2k
Operating profit (loss)9901€295€-2k
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€37€43
Recurring financial charges65€37€43
Profit (loss) for the period before taxes9903€259€-2k
Profit (loss) for the period9904€259€-2k
Profit (loss) for the period to be appropriated9905€259€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€1k
Profit (loss) brought forward from the previous period14P€3k€4k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €259
Net result €259 after 2 loss-making years.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity times 24current ratio 61.27
Current ratio from 2.59 to 61.27; short-term debt falls from €4k to €85.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Watermaal-Bosvoorde · 1 establishment unit since 2021
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.

Glimwormenlaan 161170 Watermaal-Bosvoorde
Ground area
128 m²
Building footprint
124 m²
Volume, LiDAR
1,153 m³
Parcel 21652E0018/00K002, Brussels · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
QEP SRL
Glimwormenlaan 16, 1170 Watermaal-BosvoordeBusiness consulting
since 20212.318.365.821
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0018/00K002 Brussels 128 m² 1 · 124 m² 12.2 m · 4 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.

Similar companies · same sector, comparable size

Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 6,477 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-04-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.