QG ENGINEERING
ActiveQG ENGINEERING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €72k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency10▼-23
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity short (current ratio 0.47 against 1.66 in 2024), and 85.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
14.8%
Return on assets
4.8%
Age of the figures
15 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
192122232425
2019 to 2025 · latest year €224k
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-07-2026, 157 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
157 d late
2024
46 d early
2023
2 d early
2022
25 d early
2021
on the day
2020
4 d early
2019
18 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 47.7%
2024 · €152k
2019: €45k
2021: €48k
2022: €57k
2023: €60k
2024: €152k
2019 → 2025
Total assets
€1.51M▲ 4.0%
2024 · €1.45M
2019: €98k
2021: €319k
2022: €431k
2023: €792k
2024: €1.45M
2019 → 2025
Net result
€72k▼ 57.4%
2024 · €170k
2019: €15k
2021: €591
2022: €9k
2023: €4k
2024: €170k
2019 → 2025
Working capital
€-658k
2024 · €248k
2019: €48k
2021: €44k
2022: €-15k
2023: €55k
2024: €248k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€57k▲ 17.9%€60k▲ 6.4%€152k▲ 151%€224k▲ 47.7%
Operating result€3k-€12k▲ 260%€15k▲ 23.9%€286k▲ 1,766%€141k▼ 50.5%
Net result€591-€9k▲ 1,354%€4k▼ 57.6%€170k▲ 4,560%€72k▼ 57.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets
€918k▲ 10.8%
Current assets
€594k▼ 5.1%
Equity and liabilities €1.51M
Equity
€224k▲ 47.7%
Debt
€1.29M▼ 1.1%
The debt ratio falls from 89.6% to 85.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€193k▼
2024 · €319k
Cash flow
€124k▼
2024 · €203k
Solvency
14.8%▲
2024 · 10.4%
Current ratio
0.47▼
2024 · 1.66
Quick ratio
0.31▼
2024 · 1.12
Debt / equity
5.75▼
2024 · 8.60
ROE
32.3%▼
2024 · 112.0%
ROA
4.8%▼
2024 · 11.7%
Interest coverage
2.17▼
2024 · 9.35
Debt
€1.29M▼
2024 · €1.30M
Debt ≤ 1 year
€1.25M▲
2024 · €378k
Debt > 1 year
€31k▼
2024 · €842k
Income taxes
€1k▼
2024 · €82k
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€1.45M€1.51M▲
Fixed assets21/28€829k€918k▲
Tangible fixed assets22/27€828k€918k▲
Land and buildings22€721k€845k▲
Plant, machinery and equipment23€159€3k▲
Furniture and vehicles24€100k€58k▼
Other tangible fixed assets26€7k€12k▲
Assets under construction and advance payments27€0-
Financial fixed assets28€363€363=
Current assets29/58€626k€594k▼
Stocks and contracts in progress3€204k€210k▲
Stocks30/36€204k€210k▲
Amounts receivable within one year40/41€396k€384k▼
Trade receivables40€215k€63k▼
Other amounts receivable41€182k€321k▲
Current investments50/53€4k€0▼
Cash at bank and in hand54/58€13k€0▼
Deferred charges and accrued income490/1€8k€65▼
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.51M▲
Equity10/15€152k€224k▲
Contributions10/11€6k€6k=
Reserves13€141k€141k=
Distributable reserves133€141k€141k=
Profit (loss) carried forward14€4k€77k▲
Amounts payable17/49€1.30M€1.29M▼
Amounts payable after more than one year17€842k€31k▼
Financial debts170/4€842k€31k▼
Amounts payable within one year42/48€378k€1.25M▲
Current portion of amounts payable after more than one year42€63k€874k▲
Financial debts43€9k€133k▲
Credit institutions430/8€9k€133k▲
Trade debts44€94k€120k▲
Suppliers440/4€94k€120k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€150k€125k▼
Taxes450/3€150k€125k▼
Other amounts payable47/48€62k€0▼
Accrued charges and deferred income492/3€83k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€51k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-4k▼
Other operating charges640/8€9k€15k▲
Non-recurring operating charges66A€2k€457▼
Gross operating margin9900€335k€204k▼
Operating profit (loss)9901€286k€141k▼
Financial income75/76B€181€21k▲
Recurring financial income75€181€21k▲
Financial charges65/66B€34k€89k▲
Recurring financial charges65€34k€89k▲
Profit (loss) for the period before taxes9903€252k€74k▼
Income taxes67/77€82k€1k▼
Profit (loss) for the period9904€170k€72k▼
Profit (loss) for the period to be appropriated9905€170k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€77k▼
Profit (loss) brought forward from the previous period14P€4k€4k▲
Transfer from equity791/2€28k€0▼
Transfer to equity691/2€120k€0▼
To other reserves6921€120k€0▼
Profit to be distributed694/7€78k€0▼
Return on contributions (dividend)694€78k€0▼
The notes to these accounts (15 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 157 days late
2025
30-06
Financial
Equity above €200kEq €224k ▲47.7%
6 profitable years in a row build equity to €224k.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €170k ▲4560%
Operating result €286k, net result €170k, both a record.
30-06
Financial
Equity above €150kEq €152k ▲151%
5 profitable years in a row build equity to €152k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €591 ▼96%
Net result drops to €591, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Mons · 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.
Rue des Fusillés 187020 MonsGround area
1,784 m²
Building footprint
145 m²
Volume, LiDAR
871 m³
2 parcels, Wallonia · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M.I.G.Q.
since 20152.244.997.989
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53048D0178/00P000 | Wallonia | 1,723 m² | 1 · 106 m² | 5.9 m · 1 fl. |
| 53403E0528/00B000 | Wallonia | 61 m² | 1 · 39 m² | 12.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,633 companies in sector 68121 we hold annual accounts for 7,328. 5,253 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-07-2015
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/232360