QIAS ENGINEERING
ActiveSummary
QIAS ENGINEERING has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40,630 and a net result of -€6,128. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 4 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €176 | €859 | €882 | ▲ 2.7% |
| Other operating charges640/8 | - | - | - | €387 | - |
| Gross operating margin9900 | €7,960 | €22,318 | €21,886 | -€4,752 | ▼ 122% |
| Operating profit (loss)9901 | €7,960 | €22,142 | €21,028 | -€6,021 | ▼ 129% |
| Financial charges65/66B | €24 | €63 | €94 | €107 | ▲ 13.4% |
| Recurring financial charges65 | €24 | €63 | €94 | €107 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €7,936 | €22,079 | €20,934 | -€6,128 | ▼ 129% |
| Income taxes67/77 | €1,587 | €4,416 | €4,187 | - | - |
| Profit (loss) for the period9904 | €6,349 | €17,663 | €16,747 | -€6,128 | ▼ 137% |
| Profit (loss) for the period to be appropriated9905 | €6,349 | €17,663 | €16,747 | -€6,128 | ▼ 137% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13,936 | €39,663 | €50,945 | €46,466 | ▼ 8.8% |
| Fixed assets21/28 | - | €3,473 | €3,277 | €3,829 | ▲ 16.9% |
| Tangible fixed assets22/27 | - | €3,473 | €3,277 | €3,829 | ▲ 16.9% |
| Furniture and vehicles24 | - | €3,473 | €3,277 | €3,829 | ▲ 16.9% |
| Current assets29/58 | €13,936 | €36,190 | €47,668 | €42,637 | ▼ 10.6% |
| Amounts receivable within one year40/41 | €84 | €4,447 | €1,502 | €4,288 | ▲ 186% |
| Trade receivables40 | - | €4,195 | - | - | - |
| Other amounts receivable41 | €84 | €252 | €1,502 | €4,288 | ▲ 186% |
| Cash at bank and in hand54/58 | €13,852 | €31,743 | €46,167 | €38,349 | ▼ 16.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13,936 | €39,663 | €50,945 | €46,466 | ▼ 8.8% |
| Equity10/15 | €12,349 | €30,012 | €46,758 | €40,630 | ▼ 13.1% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | €6,349 | €24,012 | €40,758 | €34,630 | ▼ 15.0% |
| Amounts payable17/49 | €1,587 | €9,652 | €4,187 | €5,836 | ▲ 39.4% |
| Amounts payable within one year42/48 | €1,587 | €9,652 | €4,187 | €5,836 | ▲ 39.4% |
| Trade debts44 | - | €3,649 | - | €1,649 | - |
| Suppliers440/4 | - | €3,649 | - | €1,649 | - |
| Taxes, remuneration and social security45 | €1,587 | €6,003 | €4,187 | €4,187 | = |
| Taxes450/3 | €1,587 | €6,003 | €4,187 | €4,187 | = |
| Other amounts payable47/48 | - | - | - | €0 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,349 | €17,663 | €16,747 | -€6,128 | ▼ 137% |
| + Depreciation and write-downs630 | - | €176 | €859 | €882 | ▲ 2.7% |
| Operating cash flow (approximation) | €6,349 | €17,839 | €17,606 | -€5,246 | ▼ 130% |
| Investment in fixed assets (approximation) | - | - | -€662 | -€1,434 | ▼ 117% |
| Change in cash | - | €17,892 | €14,423 | -€7,818 | ▼ 154% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0120/00L000 | Brussels | 141 m² | 1 · 83 m² | 15.5 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.