QIMCON
ActiveQIMCON has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.74M and a net result of €-93k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days only on tighter terms
Liquidity ample (current ratio 5.66 against 6.97 in 2024; short-term debt: 9.9% and cash: 1.1% of total assets), and 15.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.2%
Return on assets
-4.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-93k
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-07-2026, 180 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
180 d late
2024
3 d late
2023
1 d early
2022
on the day
2021
on the day
2020
2 d late
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.74M▼ 5.1%
2024 · €1.83M
2019: €2.10M
2020: €2.09M
2021: €2.08M
2022: €2.05M
2023: €1.91M
2024: €1.83M
2019 → 2025
Total assets
€2.07M▼ 3.6%
2024 · €2.14M
2019: €2.60M
2020: €2.55M
2021: €2.46M
2022: €2.47M
2023: €2.31M
2024: €2.14M
2019 → 2025
Net result
€-93k▼ 21.7%
2024 · €-76k
2019: €789k
2020: €-11k
2021: €-11k
2022: €-26k
2023: €-144k
2024: €-76k
2019 → 2025
Working capital
€955k▼ 4.0%
2024 · €994k
2019: €904k
2020: €888k
2021: €901k
2022: €1.11M
2023: €1.01M
2024: €994k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.08M-€2.05M▼ 1.3%€1.91M▼ 7.0%€1.83M▼ 4.0%€1.74M▼ 5.1%
Operating result€3k-€-28k€-142k▼ 405%€-76k▲ 46.4%€-93k▼ 22.3%
Net result€-11k-€-26k▼ 142%€-144k▼ 443%€-76k▲ 46.8%€-93k▼ 21.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €93k in 2025 against €76k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€906k▼ 7.7%
Current assets
€1.16M▼ 0.1%
Equity and liabilities €2.07M
Equity
€1.74M▼ 5.1%
Debt
€325k▲ 5.0%
The debt ratio rises from 14.5% to 15.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-50k▼
2024 · €-30k
Cash flow
€-49k▼
2024 · €-30k
Solvency
84.2%▼
2024 · 85.5%
Current ratio
5.66▼
2024 · 6.97
Quick ratio
5.66▼
2024 · 6.97
Debt / equity
0.19▲
2024 · 0.17
ROE
-5.3%▼
2024 · -4.2%
ROA
-4.5%▼
2024 · -3.6%
Interest coverage
-14.67▼
2024 · -6.01
Debt
€325k▲
2024 · €310k
Debt ≤ 1 year
€205k▲
2024 · €167k
Debt > 1 year
€121k▼
2024 · €143k
Income taxes
€143▼
2024 · €149
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.14M€2.07M▼
Fixed assets21/28€982k€906k▼
Tangible fixed assets22/27€862k€818k▼
Land and buildings22€806k€777k▼
Plant, machinery and equipment23€20k€14k▼
Furniture and vehicles24€36k€27k▼
Financial fixed assets28€120k€88k▼
Current assets29/58€1.16M€1.16M▼
Amounts receivable after more than one year29€23k-
Other amounts receivable291€23k-
Amounts receivable within one year40/41€1.01M€1.08M▲
Trade receivables40€79k€146k▲
Other amounts receivable41€934k€930k▼
Cash at bank and in hand54/58€87k€23k▼
Deferred charges and accrued income490/1€39k€60k▲
Equity and liabilities
Total equity and liabilities10/49€2.14M€2.07M▼
Equity10/15€1.83M€1.74M▼
Contributions10/11€176k€176k=
Reserves13€1.66M€1.56M▼
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Distributable reserves133€1.64M€1.54M▼
Amounts payable17/49€310k€325k▲
Amounts payable after more than one year17€143k€121k▼
Financial debts170/4€143k€121k▼
Amounts payable within one year42/48€167k€205k▲
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€125k€167k▲
Accrued charges and deferred income492/3-€33
Income statement
Code20242025
Non-recurring operating income76A€46k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€44k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€251€25k▲
Gross operating margin9900€-28k€-21k▲
Operating profit (loss)9901€-76k€-93k▼
Financial income75/76B€8k€29k▲
Recurring financial income75€8k€29k▲
Financial charges65/66B€7k€28k▲
Recurring financial charges65€5k€3k▼
Non-recurring financial charges66B€3k€25k▲
Profit (loss) for the period before taxes9903€-76k€-93k▼
Income taxes67/77€149€143▼
Profit (loss) for the period9904€-76k€-93k▼
Profit (loss) for the period to be appropriated9905€-76k€-93k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-76k€-93k▼
Transfer from equity791/2€76k€93k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 180 days late
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-144k
Net result drops to €-144k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Maldegem · 1 establishment unit since 2008
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.
't Rivierenhof 789990 MaldegemGround area
1,894 m²
Building footprint
365 m²
Volume, LiDAR
2,431 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QIMCON
since 20082.171.557.014
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43503H0833/00W002 | Flanders | 1,550 m² | 1 · 269 m² | 9.4 m · 2 fl. |
| 43503H0833/00S002 | Flanders | 343 m² | 1 · 95 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,290 EUR awarded · 3,290 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,692 EUR | 2,692 EUR |
| 2024 | 1 | 598 EUR | 598 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 21,771 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2008
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.