Result
€232,130 ▲ 187%
The result rose in 2024 from €81,000 to €232,130.
Qhouse
Lifetime
3 annual accounts with figures on one time axispeak €352,906 (2024)
€352,906▲ 171%
peak €232,130 (2024)
€232,130▲ 187%
peak €357,827 (2024)
€357,827▲ 185%
€516,874▼ 21.3%
Board2 names since 2021
1 directorAbdelaziz Houdoe
Documentsfilings and deeds
29-08-202529 days late
2024micro format
Gross margin from €130,075 to €352,906Result from €81,000 to €232,130Equity from €125,697 to €357,827Debts from €656,895 to €516,874Cash from €136,171 to €5,169
Key points
from the 2024 annual accountsTurnover
≈ €620,000 estimated
The micro format states no turnover.
Investments
€24,350 1.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.94 was 1.13 in 2023
Short-term debts fell from €656,895 to €426,874.
Filings
3 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€232,130
Higher net result than 95% of companies in real estate. Sector median €4,579 · 19,144 companies.
Checked score
57
Fair
Financially stronger than 67% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025lowest value
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.3%▼ -0.2 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026
10-2026: 1.6%▲ +0.8 percentage points vs 09-2026highest value
11-2026: 1.6%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 29-08-2025)
Liquidity: current ratio 1.94, cash €5,169, halved
1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €874,701
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 58% of them on solvency, 20% on liquidity, 95% on profitability and 95% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as Qhouse has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
The bankruptcy probability of Qhouse itself is higher: 1.6% within 12 months. It rests on far more data about Qhouse than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for Qhouse. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €20,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.94 (1.13 in 2023), above the usual 1.5. Short-term debt is 48.8% and cash 0.6% of total assets. However, 59.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
29 days late
2023
69 days late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 33 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Environmental permit refused
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Gent
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0772879964
New director
Abdelaziz Houdoe appointed, Moussa Achahbar resigned · Director discharge: Moussa Achahbar · General meeting of 11-11-2022 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: Achahbar Moussa · Appointment: Achahbar Moussa (director) · published on 30-08-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Qhouse Sint-Niklaas | €874,701 | €352,906 | 40.9% | - |
| Seven-Days Renovating Dreams Nazareth-De Pinte | €746,022 | €379,121 | 8.7% | - |
| KLINKERS EDDY & ZONEN Huldenberg | €866,590 | €249,251 | 36.9% | - |
| Bao Herselt | €983,678 | €269,981 | 24.0% | - |
| NFR CONSTRUCT Chaumont-Gistoux | €802,407 | €464,923 | 34.2% | - |
| Renovatiewerken Decock Deerlijk | €868,333 | €544,750 | 25.5% | - |
| SBL IMMO Dalhem | €891,391 | €479,277 | 34.6% | 0 |
These companies have the same main activity as Qhouse: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €746,000 and €984,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 26-08-2021Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.320.813.5859111 Sint-Niklaas, since 26-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on Qhouse
Qhouse files the micro format. That format states no turnover. The gross margin rose from €63,945 in 2022 to €352,906 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Qhouse
- What is the company number of Qhouse?
- The company number of Qhouse is 0772.879.964. The VAT number is the same number with BE in front: BE 0772.879.964.
- Where is Qhouse based?
- The registered office is at Koutermolenstraat 38, 9111 Sint-Niklaas.Company details
- What does Qhouse do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Qhouse?
- Qhouse is a private limited company (BV).
- When was Qhouse founded?
- Qhouse was founded on 26-08-2021.
- Is Qhouse still active?
- Yes, Qhouse is an active enterprise in the KBO register.
- What is the turnover of Qhouse?
- The turnover in financial year 2024 is ≈ €620,000. This figure is estimated from the gross margin of €352,906 and 43 comparable companies (NACE 681). It probably lies between €470,000 and €1.0m.Financials
- Is Qhouse profitable?
- In financial year 2024, Qhouse made a profit of €232,130.
- Where can I find the annual accounts of Qhouse?
- Qhouse filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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