QIAS ENGINEERING
ActiveQIAS ENGINEERING has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €-6k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-98
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 7.31 against 11.39 in 2023; short-term debt: 12.6% and cash: 82.5% of total assets), and 12.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
87.4%
Return on assets
-13.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
26 d early
2023
3 d early
2022
25 d late
2021
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€41k▼ 13.1%
2023 · €47k
2021: €12k
2022: €30k
2023: €47k
2021 → 2024
Total assets
€46k▼ 8.8%
2023 · €51k
2021: €14k
2022: €40k
2023: €51k
2021 → 2024
Net result
€-6k
2023 · €17k
2021: €6k
2022: €18k
2023: €17k
2021 → 2024
Working capital
€37k▼ 15.4%
2023 · €43k
2021: €12k
2022: €27k
2023: €43k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€12k-€30k▲ 143%€47k▲ 55.8%€41k▼ 13.1%
Operating result€8k-€22k▲ 178%€21k▼ 5.0%€-6k
Net result€6k-€18k▲ 178%€17k▼ 5.2%€-6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €21k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46k
Fixed assets
€4k▲ 16.9%
Current assets
€43k▼ 10.6%
Equity and liabilities €46k
Equity
€41k▼ 13.1%
Debt
€6k▲ 39.4%
The debt ratio rises from 8.2% to 12.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2023 · €22k
Cash flow
€-5k▼
2023 · €18k
Solvency
87.4%▼
2023 · 91.8%
Current ratio
7.31▼
2023 · 11.39
Quick ratio
7.31▼
2023 · 11.39
Debt / equity
0.14▲
2023 · 0.09
ROE
-15.1%▼
2023 · 35.8%
ROA
-13.2%▼
2023 · 32.9%
Interest coverage
-48.15▼
2023 · 232.49
Debt
€6k▲
2023 · €4k
Debt ≤ 1 year
€6k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€51k€46k▼
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Furniture and vehicles24€3k€4k▲
Current assets29/58€48k€43k▼
Amounts receivable within one year40/41€2k€4k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€46k€38k▼
Equity and liabilities
Total equity and liabilities10/49€51k€46k▼
Equity10/15€47k€41k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€41k€35k▼
Amounts payable17/49€4k€6k▲
Amounts payable within one year42/48€4k€6k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€4k€4k=
Other amounts payable47/48-€0
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€859€882▲
Other operating charges640/8-€387
Gross operating margin9900€22k€-5k▼
Operating profit (loss)9901€21k€-6k▼
Financial charges65/66B€94€107▲
Recurring financial charges65€94€107▲
Profit (loss) for the period before taxes9903€21k€-6k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€17k€-6k▼
Profit (loss) for the period to be appropriated9905€17k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€35k▼
Profit (loss) brought forward from the previous period14P€24k€41k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k ▼137%
Net result drops to €-6k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 11.39
Current ratio from 3.75 to 11.39; short-term debt falls from €10k to €4k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Highest result since 2021net €18k ▲178%
Operating result €22k, net result €18k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 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, Sint-Agatha-Berchem · 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.
Josse Goffinlaan 1271082 Sint-Agatha-BerchemGround area
141 m²
Building footprint
83 m²
Volume, LiDAR
763 m³
Parcel 21342B0120/00L000, Brussels · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
QIAS ENGINEERING
since 20212.317.272.194
1 parcel
Brussels
1
(100%)
| 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
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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 36,803 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.