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QiC

Active
Private limited companyfounded 2019active for 7 yearsPalmenlaan 11, 2020 Antwerpen, BelgiumKBO/BCE: BE 0729.958.949
Summary

QiC has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €4.0m. Equity is growing by about 75% per year across the filed financial years. Its solvency ranks better than 94% of 2,794 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (49 days) Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516098.

Turnover
€294,580
EBIT margin
81.8%
Net result
€4.0m▲ 88.3%
2024 · €2.1m
Working capital
€1.0m▼ 35.2%
2024 · €1.6m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen three years in a row; 2025 is 80% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.02m 2025 Net result€4.0m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€0.3m
Operating result€0.1m-€0.2m▲ 49.8%€0.2m▲ 25.9%€0.3m▲ 6.0%€0.1m▼ 51.6%€0.1m▼ 18.0%€0.02m▼ 80.1%
Net result€0.1m-€0.1mabove the sector's middle half▲ 50.3%€0.2mabove the sector's middle half▲ 25.3%€0.2mabove the sector's middle half▲ 5.8%€2.8mabove the sector's middle half▲ 1,324%€2.1mabove the sector's middle half▼ 23.4%€4.0mabove the sector's middle half▲ 88.3%
EBIT margin81.8%
Equity€0.1m-€0.2mabove the sector's middle half▲ 147%€0.4mwithin the sector's middle half▲ 74.6%€0.5mwithin the sector's middle half▲ 10.7%€1.8mabove the sector's middle half▲ 266%€2.3mabove the sector's middle half▲ 30.8%€3.0mabove the sector's middle half▲ 29.0%
Total assets€0.1m-€0.3mwithin the sector's middle half▲ 101%€0.5mwithin the sector's middle half▲ 77.2%€0.5mwithin the sector's middle half▲ 13.5%€3.3mabove the sector's middle half▲ 526%€2.4mwithin the sector's middle half▼ 27.3%€3.1mabove the sector's middle half▲ 27.8%
Debt€0.03m-€0.02m▼ 45.2%€0.04m▲ 114%€0.05m▲ 46.5%€1.6m▲ 2,823%€0.1m▼ 91.5%€0.1m▲ 6.3%
Working capital€0.1m-€0.1mabove the sector's middle half▲ 12.2%€0.3mwithin the sector's middle half▲ 142%€0.3mwithin the sector's middle half▲ 17.8%€1.4mabove the sector's middle half▲ 322%€1.6mabove the sector's middle half▲ 18.2%€1.0mabove the sector's middle half▼ 35.2%
Solvency76.1%-93.5%above the sector's middle half▲ 17.4pp92.1%above the sector's middle half▼ 1.4pp89.8%above the sector's middle half▼ 2.3pp52.5%within the sector's middle half▼ 37.3pp94.5%above the sector's middle half▲ 42.0pp95.4%above the sector's middle half▲ 0.9pp
Current ratio4.18-7.51above the sector's middle half▲ 3.338.35above the sector's middle half▲ 0.856.91above the sector's middle half▼ 1.441.85within the sector's middle half▼ 5.0612.93above the sector's middle half▲ 11.088.26above the sector's middle half▼ 4.67
Return on assets (ROA)74.5%-55.7%above the sector's middle half▼ 18.9pp39.4%above the sector's middle half▼ 16.3pp36.7%above the sector's middle half▼ 2.7pp83.5%above the sector's middle half▲ 46.8pp88.0%above the sector's middle half▲ 4.5pp129.7%above the sector's middle half▲ 41.7pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets €1.9m ▲ 178%
Current assets €1.2m ▼ 32.0%
Equity and liabilities €3.1m
Equity €3.0m ▲ 29.0%
Debt €143,396 ▲ 6.3%
Debt's share of the balance-sheet total falls from 5.5% to 4.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44,062▼
2024 · €107,142
Cash flow
€4.1m▲
2024 · €2.1m
Debt to equity
0.05▼
2024 · 0.06
ROE
135.9%▲
2024 · 93.1%
Interest coverage
70.21▼
2024 · over 100
Debt ≤ 1 year
€143,396▲
2024 · €134,716
Income taxes
€29,048▼
2024 · €29,678
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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€3.1m▲
Fixed assets21/28€0.7m€1.9m▲
Tangible fixed assets22/27€0.1m€0.09m▼
Furniture and vehicles24€0.1m€0.09m▼
Other tangible fixed assets26€0.005m€0.004m▼
Financial fixed assets28€0.6m€1.8m▲
Current assets29/58€1.7m€1.2m▼
Amounts receivable within one year40/41€0.2m€0.05m▼
Trade receivables40€161-
Other amounts receivable41€0.2m€0.05m▼
Cash at bank and in hand54/58€1.6m€1.1m▼
Deferred charges and accrued income490/1€0.004m€0.004m▲
Equity and liabilities
Total equity and liabilities10/49€2.4m€3.1m▲
Equity10/15€2.3m€3.0m▲
Contributions10/11€0.002m€0.002m=
Profit (loss) carried forward14€2.3m€3.0m▲
Amounts payable17/49€0.1m€0.1m▲
Amounts payable within one year42/48€0.1m€0.1m▲
Trade debts44€0.007m€0.004m▼
Suppliers440/4€0.007m€0.004m▼
Taxes, remuneration and social security45€0.02m-
Taxes450/3€0.02m-
Other amounts payable47/48€0.1m€0.1m▲
Accrued charges and deferred income492/3€175-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.006m€0.02m▲
Other operating charges640/8€0.002m€0.003m▲
Non-recurring operating charges66A-€0.03m
Gross operating margin9900€0.1m€0.07m▼
Operating profit (loss)9901€0.1m€0.02m▼
Financial income75/76B€2.1m€4.0m▲
Recurring financial income75€2.1m€4.0m▲
Non-recurring financial income76B-€0.02m
Financial charges65/66B€0.02m€0.001m▼
Recurring financial charges65€197€0.001m▲
Non-recurring financial charges66B€0.02m-
Profit (loss) for the period before taxes9903€2.2m€4.1m▲
Income taxes67/77€0.03m€0.03m▼
Profit (loss) for the period9904€2.1m€4.0m▲
Profit (loss) for the period to be appropriated9905€2.1m€4.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.9m€6.3m▲
Profit (loss) brought forward from the previous period14P€1.8m€2.3m▲
Profit to be distributed694/7€1.6m€3.4m▲
Return on contributions (dividend)694€1.6m€3.4m▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70--€0.3m-----
Non-recurring operating income76A----€0.03m---
Goods, raw materials, services and sundry goods60/61--€0.05m-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€439€0.001m€0.002m€0.002m€0.006m€0.02m▲ 322%
Other operating charges640/8--€0.001m€0.001m€0.002m€0.002m€0.003m▲ 70.2%
Non-recurring operating charges66A------€0.03m-
Gross operating margin9900€0.1m€0.2m€0.2m€0.3m€0.1m€0.1m€0.07m▼ 33.0%
Operating profit (loss)9901€0.1m€0.2m€0.2m€0.3m€0.1m€0.1m€0.02m▼ 80.1%
Financial income75/76B--€216-€2.7m€2.1m€4.0m▲ 93.1%
Recurring financial income75--€216-€2.7m€2.1m€4.0m▲ 92.0%
Non-recurring financial income76B------€0.02m-
Financial charges65/66B--€190€281€240€0.02m€0.001m▼ 97.4%
Recurring financial charges65-€15€190€281€240€197€0.001m▲ 219%
Non-recurring financial charges66B-----€0.02m--
Profit (loss) for the period before taxes9903€0.1m€0.2m€0.2m€0.3m€2.8m€2.2m€4.1m▲ 87.1%
Income taxes67/77€0.03m€0.04m€0.06m€0.06m€0.03m€0.03m€0.03m▼ 2.1%
Profit (loss) for the period9904€0.1m€0.1m€0.2m€0.2m€2.8m€2.1m€4.0m▲ 88.3%
Profit (loss) for the period to be appropriated9905€0.1m€0.1m€0.2m€0.2m€2.8m€2.1m€4.0m▲ 88.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.1m€0.3m€0.5m€0.5m€3.3m€2.4m€3.1m▲ 27.8%
Fixed assets21/28€1€0.1m€0.2m€0.2m€0.4m€0.7m€1.9m▲ 178%
Tangible fixed assets22/27-€0.001m€0.01m€0.009m€0.007m€0.1m€0.09m▼ 18.1%
Furniture and vehicles24--€0.004m€0.002m€0.001m€0.1m€0.09m▼ 18.3%
Other tangible fixed assets26--€0.007m€0.007m€0.006m€0.005m€0.004m▼ 14.3%
Financial fixed assets28€1€0.1m€0.2m€0.2m€0.4m€0.6m€1.8m▲ 215%
Current assets29/58€0.1m€0.1m€0.3m€0.4m€3.0m€1.7m€1.2m▼ 32.0%
Amounts receivable within one year40/41€0.04m€0.06m€0.009m€0.06m€2.7m€0.2m€0.05m▼ 71.2%
Trade receivables40---€0.05m-€161--
Other amounts receivable41--€0.009m€0.01m€2.7m€0.2m€0.05m▼ 71.2%
Cash at bank and in hand54/58€0.1m€0.07m€0.3m€0.3m€0.2m€1.6m€1.1m▼ 27.6%
Deferred charges and accrued income490/1---€0.001m€0.001m€0.004m€0.004m▲ 9.9%
Equity and liabilities
Total equity and liabilities10/49€0.1m€0.3m€0.5m€0.5m€3.3m€2.4m€3.1m▲ 27.8%
Equity10/15€0.1m€0.2m€0.4m€0.5m€1.8m€2.3m€3.0m▲ 29.0%
Contributions10/11--€0.002m€0.002m€0.002m€0.002m€0.002m=
Profit (loss) carried forward14€0.1m€0.2m€0.4m€0.5m€1.8m€2.3m€3.0m▲ 29.1%
Amounts payable17/49€0.03m€0.02m€0.04m€0.05m€1.6m€0.1m€0.1m▲ 6.3%
Amounts payable within one year42/48€0.03m€0.02m€0.04m€0.05m€1.6m€0.1m€0.1m▲ 6.4%
Trade debts44--€0.008m-€274€0.007m€0.004m▼ 38.8%
Suppliers440/4--€0.008m-€274€0.007m€0.004m▼ 38.8%
Taxes, remuneration and social security45--€0.03m€0.03m€6€0.02m--
Taxes450/3--€0.03m€0.03m€6€0.02m--
Other amounts payable47/48---€0.02m€1.6m€0.1m€0.1m▲ 30.1%
Accrued charges and deferred income492/3-----€175--
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.1m€0.1m€0.2m€0.2m€2.8m€2.1m€4.0m▲ 88.3%
+ Depreciation and write-downs630-€439€0.001m€0.002m€0.002m€0.006m€0.02m▲ 322%
Operating cash flow (approximation)€0.1m€0.1m€0.2m€0.2m€2.8m€2.1m€4.1m▲ 88.9%
Investment in fixed assets (approximation)--€0.1m-€0.03m-€40-€0.2m-€0.3m-€1.3m▼ 318%
Change in cash--€0.02m€0.2m€0.01m-€0.08m€1.3m-€0.4m-

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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Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 abbreviated format 18-09-2026 2026-00516098
31-12-2024 abbreviated format 28-09-2025 2025-00507712
31-12-2023 abbreviated format 27-09-2024 2024-00475588
31-12-2022 abbreviated format 30-06-2023 2023-00179056
31-12-2021 abbreviated format 30-06-2022 2022-20112805
31-12-2020 micro format 28-07-2021 2021-41500399
31-12-2019 micro format 31-07-2020 2020-36800452

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Of the 24,204 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,611. 2,599 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.