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QG IMMO

Active Risk: not assessed
Private limited companyfounded 20233 yrs activeAvenue P. Van Hoegaerden 17, 4130 Esneux, BelgiumKBO/BCE: BE 0803.139.709
Summary

QG IMMO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €203,312 and a net result of -€2,438. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 95% of 8091 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
19 d late
2024
17 d late
2023
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
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
28-09-2026 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

History

On 26 June 2023, QG IMMO was incorporated as a Private limited company.1 Total assets went from EUR 208,404 in 2023 to EUR 203,498 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€203,312▼ 1.2%
2024 · €205,749
Net result
-€2,438▼ 4.0%
2024 · -€2,344
Total assets
€203,498▼ 1.3%
2024 · €206,200
Solvency
99.9%▲ 0.1pp
2024 · 99.8%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line202320242025
Operating result-€1,906--€2,306▼ 21.0%-€2,348▼ 1.8%
Net result-€1,907below the sector's middle half--€2,344below the sector's middle half▼ 22.9%-€2,438below the sector's middle half▼ 4.0%
Equity€208,093below the sector's middle half-€205,749within the sector's middle half▼ 1.1%€203,312within the sector's middle half▼ 1.2%
Total assets€208,404below the sector's middle half-€206,200within the sector's middle half▼ 1.1%€203,498within the sector's middle half▼ 1.3%
Debt€311-€450▲ 44.8%€186▼ 58.8%
Working capital€8,093within the sector's middle half-€5,749within the sector's middle half▼ 29.0%€3,312within the sector's middle half▼ 42.4%
Solvency99.9%above the sector's middle half-99.8%above the sector's middle half▼ 0.1pp99.9%above the sector's middle half▲ 0.1pp
Current ratio27.02above the sector's middle half-13.77above the sector's middle half▼ 13.2518.83above the sector's middle half▲ 5.06
Return on assets (ROA)-0.9%below the sector's middle half--1.1%below the sector's middle half▼ 0.2pp-1.2%below the sector's middle half▼ 0.1pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2023: -€1,906-€1,906Net result 2023: -€1,907-€1,907Operating result 2024: -€2,306-€2,306Net result 2024: -€2,344-€2,344Operating result 2025: -€2,348-€2,348Net result 2025: -€2,438-€2,438202320242025-€3,000-€2,000-€1,000€0Operating result 2023: -€1,906-€1,910Net result 2023: -€1,907-€1,910Operating result 2024: -€2,306-€2,310Net result 2024: -€2,344-€2,340Operating result 2025: -€2,348-€2,350Net result 2025: -€2,438-€2,440202320242025
The operating result stays negative: a loss of €2,348 in 2025 against €2,306 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €203,498
Fixed assets €200,000 =
Current assets €3,498 ▼ 43.6%
Equity and liabilities €203,498
Equity €203,312 ▼ 1.2%
Debt €186 ▼ 58.8%
Debt's share of the balance-sheet total falls from 0.2% to 0.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
ROE
-1.2%▼
2024 · -1.1%
Debt ≤ 1 year
€186▼
2024 · €450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€206,200€203,498▼
Fixed assets21/28€200,000€200,000=
Financial fixed assets28€200,000€200,000=
Current assets29/58€6,200€3,498▼
Amounts receivable within one year40/41€950€1,089▲
Trade receivables40€271-
Other amounts receivable41€679€1,089▲
Cash at bank and in hand54/58€5,250€2,409▼
Equity and liabilities
Total equity and liabilities10/49€206,200€203,498▼
Equity10/15€205,749€203,312▼
Contributions10/11€210,000€210,000=
Profit (loss) carried forward14-€4,251-€6,688▼
Amounts payable17/49€450€186▼
Amounts payable within one year42/48€450€186▼
Trade debts44€450€186▼
Suppliers440/4€450€186▼
Income statement Code20242025
Gross operating margin9900-€2,306-€2,348▼
Operating profit (loss)9901-€2,306-€2,348▼
Financial charges65/66B€38€90▲
Recurring financial charges65€38€90▲
Profit (loss) for the period before taxes9903-€2,344-€2,438▼
Profit (loss) for the period9904-€2,344-€2,438▼
Profit (loss) for the period to be appropriated9905-€2,344-€2,438▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,251-€6,688▼
Profit (loss) brought forward from the previous period14P-€1,907-€4,251▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,171---
Gross operating margin9900-€734-€2,306-€2,348▼ 1.8%
Operating profit (loss)9901-€1,906-€2,306-€2,348▼ 1.8%
Financial charges65/66B€1€38€90▲ 140%
Recurring financial charges65€1€38€90▲ 140%
Profit (loss) for the period before taxes9903-€1,907-€2,344-€2,438▼ 4.0%
Profit (loss) for the period9904-€1,907-€2,344-€2,438▼ 4.0%
Profit (loss) for the period to be appropriated9905-€1,907-€2,344-€2,438▼ 4.0%
Line202320242025Change
Assets
Total assets20/58€208,404€206,200€203,498▼ 1.3%
Fixed assets21/28€200,000€200,000€200,000=
Financial fixed assets28€200,000€200,000€200,000=
Current assets29/58€8,404€6,200€3,498▼ 43.6%
Amounts receivable within one year40/41€523€950€1,089▲ 14.6%
Trade receivables40€224€271--
Other amounts receivable41€299€679€1,089▲ 60.3%
Cash at bank and in hand54/58€7,881€5,250€2,409▼ 54.1%
Equity and liabilities
Total equity and liabilities10/49€208,404€206,200€203,498▼ 1.3%
Equity10/15€208,093€205,749€203,312▼ 1.2%
Contributions10/11€210,000€210,000€210,000=
Profit (loss) carried forward14-€1,907-€4,251-€6,688▼ 57.3%
Amounts payable17/49€311€450€186▼ 58.8%
Amounts payable within one year42/48€311€450€186▼ 58.8%
Trade debts44€311€450€186▼ 58.8%
Suppliers440/4€311€450€186▼ 58.8%
Line202320242025Change
Profit (loss) for the period9904-€1,907-€2,344-€2,438▼ 4.0%
+ Depreciation and write-downs630€1,171---
Operating cash flow (approximation)-€735-€2,344-€2,438▼ 4.0%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€2,631-€2,841▼ 8.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial Weakest financial yearnet -€2,438
Net result drops to -€2,438, the lowest in the series.
17-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Esneux · 1 establishment unit since 2023
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.

Avenue P. Van Hoegaerden 174130 Esneux
1 establishment unit
QG IMMO
Avenue P. Van Hoegaerden 17, 4130 EsneuxHoldings
since 20232.348.542.620

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of QG IMMO 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.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,557 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
Founded26-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803139709
Also 9925:BE0803139709
Registered 20-07-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.