QLEVR
ActiveSummary
QLEVR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€2.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-2
Solvency32▲+13
Growth43▼-2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.54 in 2024; short-term debt: 19.5% and cash: 1.7% of total assets), and 93.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
6.7%
Return on assets
-15%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4235 sector peers (2025).
NBB · sector comparisonPosition among 4235 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
22 d early
2023
12 d early
2022
189 d late
2021
13 d early
2020
32 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?DOMO CHEMICALS HOLDING · 31 companies
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Financials · fiscal year 2025, full schema
Turnover
€9.2m▼ 2.8%
2024 · €9.5m
EBIT margin
-14.3%▼ 0.6pp
2024 · -13.6%
Net result
-€2.4m▼ 6.1%
2024 · -€2.3m
Working capital
-€1.1m▲ 59.0%
2024 · -€2.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€10.5m▲ 15.0%€11.1m▲ 5.9%€10.2m▼ 8.3%€9.5m▼ 6.6%€9.2m▼ 2.8%
Operating result€1.5m▼ 1.9%-€28,717-€1.1m▼ 3,679%-€1.3m▼ 19.1%-€1.3m▼ 1.7%
Net result€1.0mabove the sector's middle half▼ 7.0%-€349,861below the sector's middle half-€1.8mbelow the sector's middle half▼ 404%-€2.3mbelow the sector's middle half▼ 29.7%-€2.4mbelow the sector's middle half▼ 6.1%
EBIT margin14.5%▼ 2.5pp-0.3%▼ 14.8pp-10.7%▼ 10.4pp-13.6%▼ 2.9pp-14.3%▼ 0.6pp
Equity€3.4mabove the sector's middle half▲ 42.0%€3.1mabove the sector's middle half▼ 10.2%€1.3mabove the sector's middle half▼ 57.5%-€985,843below the sector's middle half€1.1mwithin the sector's middle half
Total assets€17.5mabove the sector's middle half▲ 90.1%€19.0mabove the sector's middle half▲ 8.4%€19.8mabove the sector's middle half▲ 3.9%€17.8mabove the sector's middle half▼ 10.1%€16.2mabove the sector's middle half▼ 8.8%
Debt€14.1m▲ 108%€16.0m▲ 12.9%€18.5m▲ 15.7%€18.8m▲ 1.6%€15.1m▼ 19.4%
Working capital€976,295above the sector's middle half▲ 33.3%€280,173within the sector's middle half▼ 71.3%-€1.4mbelow the sector's middle half-€2.7mbelow the sector's middle half▼ 90.7%-€1.1mbelow the sector's middle half▲ 59.0%
Solvency19.5%within the sector's middle half▼ 6.6pp16.1%within the sector's middle half▼ 3.3pp6.6%below the sector's middle half▼ 9.5pp-5.5%below the sector's middle half▼ 12.1pp6.7%below the sector's middle half▲ 12.3pp
Current ratio1.33within the sector's middle half▲ 0.031.05within the sector's middle half▼ 0.270.78below the sector's middle half▼ 0.270.54below the sector's middle half▼ 0.240.65below the sector's middle half▲ 0.11
Return on assets (ROA)5.8%within the sector's middle half▼ 6.0pp-1.8%below the sector's middle half▼ 7.6pp-8.9%below the sector's middle half▼ 7.1pp-12.9%below the sector's middle half▼ 4.0pp-15.0%below the sector's middle half▼ 2.1pp
Staff (FTE)20above the sector's middle half▲ 28.2%20.9above the sector's middle half▲ 4.5%23.2above the sector's middle half▲ 11.0%23.1above the sector's middle half▼ 0.4%18.7within the sector's middle half▼ 19.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.3m in 2025 against €1.3m in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.2m
Fixed assets
€14.2m ▼ 3.1%
Current assets
€2.0m ▼ 35.3%
Equity and liabilities €16.2m
Equity
€1.1m
Debt
€15.1m
Debt finances 93.3% of the balance-sheet total.
Key figures and ratios
EBITDA
-€1.0m▼
2024 · -€994,847
Cash flow
-€2.1m▼
2024 · -€2.0m
Quick ratio
0.29▲
2024 · 0.27
Debt to equity
13.91▲
2024 · -19.02
ROE
-223.4%
Interest coverage
-0.96▲
2024 · -1.08
Debt ≤ 1 year
€3.2m▼
2024 · €5.9m
Debt > 1 year
€11.9m▼
2024 · €12.8m
Income taxes
€3,145▼
2024 · €4,287
Staff costs
€1.2m▼
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €11.0m | €11.6m | €10.6m | €10.0m | €9.9m | ▼ 1.4% |
| Turnover70 | €10.5m | €11.1m | €10.2m | €9.5m | €9.2m | ▼ 2.8% |
| Other operating income74 | €497,398 | €508,383 | €493,894 | €540,137 | €662,146 | ▲ 22.6% |
| Non-recurring operating income76A | €0 | - | - | - | €2,700 | - |
| Operating charges60/66A | €9.4m | €11.6m | €11.7m | €11.3m | €11.2m | ▼ 1.1% |
| Goods for resale, raw materials and consumables60 | €4.6m | €5.0m | €4.9m | €4.3m | €4.1m | ▼ 5.5% |
| Purchases600/8 | €5.1m | €6.0m | €4.8m | €4.0m | €3.7m | ▼ 5.8% |
| Change in stocks: decrease (increase)609 | -€505,436 | -€998,111 | €58,000 | €346,741 | €337,709 | ▼ 2.6% |
| Services and other goods61 | €3.1m | €3.9m | €4.1m | €4.3m | €4.1m | ▼ 4.7% |
| Remuneration, social security and pensions62 | €1.2m | €1.4m | €1.6m | €1.6m | €1.2m | ▼ 23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €557,978 | €404,866 | €315,094 | €297,723 | €302,314 | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€1,261 | €69,237 | €423,389 | €183,181 | €293,722 | ▲ 60.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€20,773 | €0 | - | - | - | - |
| Other operating charges640/8 | €3,395 | €2,094 | €3,471 | €8,554 | €4,424 | ▼ 48.3% |
| Non-recurring operating charges66A | €18,474 | €915,790 | €438,860 | €584,837 | €1.2m | ▲ 102% |
| Operating profit (loss)9901 | €1.5m | -€28,717 | -€1.1m | -€1.3m | -€1.3m | ▼ 1.7% |
| Financial income75/76B | €791 | €30,182 | €50,548 | €43,080 | €35,084 | ▼ 18.6% |
| Recurring financial income75 | €791 | €30,182 | €50,548 | €43,080 | €35,084 | ▼ 18.6% |
| Income from financial fixed assets750 | - | - | - | €11,441 | €11,670 | ▲ 2.0% |
| Income from current assets751 | €556 | €18,666 | €38,918 | €26,289 | €16,985 | ▼ 35.4% |
| Other financial income752/9 | €235 | €11,516 | €11,630 | €5,350 | €6,429 | ▲ 20.2% |
| Financial charges65/66B | €186,617 | €359,336 | €718,316 | €1.0m | €1.1m | ▲ 10.7% |
| Recurring financial charges65 | €186,617 | €359,336 | €718,316 | €1.0m | €1.1m | ▲ 10.7% |
| Debt charges650 | €102,755 | €244,071 | €577,242 | €917,311 | €1.1m | ▲ 14.7% |
| Other financial charges652/9 | €83,863 | €115,265 | €141,074 | €116,786 | €92,002 | ▼ 21.2% |
| Profit (loss) for the period before taxes9903 | €1.3m | -€357,871 | -€1.8m | -€2.3m | -€2.4m | ▼ 6.2% |
| Income taxes67/77 | €323,726 | -€8,010 | €10,525 | €4,287 | €3,145 | ▼ 26.6% |
| Taxes670/3 | €323,726 | €2,500 | €10,525 | €4,287 | €3,166 | ▼ 26.2% |
| Tax adjustments and reversals of tax provisions77 | €0 | €10,510 | €0 | - | €21 | - |
| Profit (loss) for the period9904 | €1.0m | -€349,861 | -€1.8m | -€2.3m | -€2.4m | ▼ 6.1% |
| Transfer from tax-exempt reserves789 | €18,750 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.0m | -€349,861 | -€1.8m | -€2.3m | -€2.4m | ▼ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.5m | €19.0m | €19.8m | €17.8m | €16.2m | ▼ 8.8% |
| Formation expenses20 | €8,380 | €6,929 | €5,479 | €4,028 | €2,577 | ▼ 36.0% |
| Fixed assets21/28 | €13.6m | €13.3m | €14.6m | €14.6m | €14.2m | ▼ 3.1% |
| Intangible fixed assets21 | €532,527 | €313,021 | €1.0m | €1.0m | €601,989 | ▼ 41.4% |
| Tangible fixed assets22/27 | €185,922 | €153,967 | €193,528 | €131,329 | €101,381 | ▼ 22.8% |
| Plant, machinery and equipment23 | €73,098 | €73,852 | €55,995 | €32,099 | €21,732 | ▼ 32.3% |
| Furniture and vehicles24 | €31,553 | €23,352 | €32,285 | €21,262 | €9,140 | ▼ 57.0% |
| Leasing and similar rights25 | - | - | €34,172 | €25,364 | €16,555 | ▼ 34.7% |
| Other tangible fixed assets26 | €81,270 | €56,764 | €71,076 | €52,605 | €53,954 | ▲ 2.6% |
| Financial fixed assets28 | €12.9m | €12.9m | €13.4m | €13.4m | €13.4m | ▲ 0.1% |
| Affiliated companies280/1 | €12.9m | €12.9m | €13.4m | €13.4m | €13.4m | ▲ 0.1% |
| Participating interests280 | €12.9m | €12.9m | €12.9m | €12.9m | €12.9m | = |
| Amounts receivable281 | - | - | €572,066 | €583,507 | €595,177 | ▲ 2.0% |
| Other financial fixed assets284/8 | - | - | - | €3,160 | €0 | ▼ 100% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €3,160 | €0 | ▼ 100% |
| Current assets29/58 | €4.0m | €5.7m | €5.1m | €3.2m | €2.0m | ▼ 35.3% |
| Stocks and contracts in progress3 | €1.9m | €2.6m | €2.1m | €1.6m | €1.1m | ▼ 28.3% |
| Stocks30/36 | €1.9m | €2.6m | €2.1m | €1.6m | €1.1m | ▼ 28.3% |
| Raw materials and consumables30/31 | €202,985 | €483,319 | €242,628 | €94,308 | €0 | ▼ 100% |
| Goods purchased for resale34 | €1.4m | €2.0m | €1.8m | €1.4m | €863,963 | ▼ 38.1% |
| Advance payments36 | €365,685 | €136,767 | €69,357 | €97,828 | €274,176 | ▲ 180% |
| Amounts receivable within one year40/41 | €1.4m | €2.6m | €2.6m | €1.2m | €467,633 | ▼ 59.9% |
| Trade receivables40 | €796,451 | €541,801 | €701,181 | €398,653 | €418,307 | ▲ 4.9% |
| Other amounts receivable41 | €600,959 | €2.0m | €1.9m | €768,435 | €49,326 | ▼ 93.6% |
| Cash at bank and in hand54/58 | €416,412 | €190,773 | €122,210 | €175,737 | €281,781 | ▲ 60.3% |
| Deferred charges and accrued income490/1 | €220,796 | €283,538 | €286,294 | €234,042 | €159,033 | ▼ 32.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.5m | €19.0m | €19.8m | €17.8m | €16.2m | ▼ 8.8% |
| Equity10/15 | €3.4m | €3.1m | €1.3m | -€985,843 | €1.1m | ▲ 210% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €4.6m | ▲ 7,200% |
| Capital10 | €62,500 | €62,500 | €62,500 | €62,500 | €4.6m | ▲ 7,200% |
| Issued capital100 | €62,500 | €62,500 | €62,500 | €62,500 | €4.6m | ▲ 7,200% |
| Reserves13 | €3.4m | €3.0m | €1.2m | €6,250 | €6,250 | = |
| Non-distributable reserves130/1 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Legal reserve130 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €3.3m | €3.0m | €1.2m | €0 | - | - |
| Profit (loss) carried forward14 | - | - | - | -€1.1m | -€3.5m | ▼ 230% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €0 | - | - | - | - | - |
| Pensions and similar obligations160 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €14.1m | €16.0m | €18.5m | €18.8m | €15.1m | ▼ 19.4% |
| Amounts payable after more than one year17 | €11.1m | €10.5m | €11.9m | €12.8m | €11.9m | ▼ 7.1% |
| Financial debts170/4 | €11.1m | €10.5m | €11.9m | €12.8m | €11.9m | ▼ 7.1% |
| Subordinated loans170 | - | - | €4.8m | €7.2m | €6.0m | ▼ 15.8% |
| Leasing and similar obligations172 | - | - | €25,794 | €17,280 | €8,136 | ▼ 52.9% |
| Credit institutions173 | €11.1m | €9.0m | €7.0m | €5.6m | €5.9m | ▲ 4.1% |
| Other loans174 | €0 | €1.5m | €0 | - | - | - |
| Amounts payable within one year42/48 | €3.0m | €5.4m | €6.5m | €5.9m | €3.2m | ▼ 46.3% |
| Current portion of amounts payable after more than one year42 | €1.1m | €2.1m | €1.4m | €1.4m | €386,406 | ▼ 72.9% |
| Financial debts43 | - | €1.1m | €1.0m | €1.0m | €600,000 | ▼ 40.0% |
| Credit institutions430/8 | - | €1.1m | €1.0m | €1.0m | €600,000 | ▼ 40.0% |
| Trade debts44 | €984,665 | €1.3m | €3.1m | €2.3m | €2.0m | ▼ 11.1% |
| Suppliers440/4 | €984,665 | €1.3m | €3.1m | €2.3m | €2.0m | ▼ 11.1% |
| Advances received on contracts in progress46 | - | - | €15,541 | €0 | - | - |
| Taxes, remuneration and social security45 | €269,201 | €123,646 | €177,563 | €157,230 | €140,207 | ▼ 10.8% |
| Taxes450/3 | €144,934 | €0 | €10,033 | €3,264 | €7,551 | ▲ 131% |
| Remuneration and social security454/9 | €124,267 | €123,646 | €167,529 | €153,966 | €132,656 | ▼ 13.8% |
| Other amounts payable47/48 | €684,736 | €870,804 | €853,879 | €1.0m | €23,555 | ▼ 97.7% |
| Accrued charges and deferred income492/3 | €89,555 | €91,539 | €55,066 | €67,475 | €65,335 | ▼ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | -€349,861 | -€1.8m | -€2.3m | -€2.4m | ▼ 6.1% |
| + Depreciation and write-downs630 | €557,978 | €404,866 | €315,094 | €297,723 | €302,314 | ▲ 1.5% |
| Operating cash flow (approximation) | €1.6m | €55,004 | -€1.4m | -€2.0m | -€2.1m | ▼ 6.8% |
| Investment in fixed assets (approximation) | - | -€153,406 | -€1.6m | -€249,037 | €143,556 | ▲ 158% |
| Change in cash | - | -€225,639 | -€68,563 | €53,527 | €106,044 | ▲ 98.1% |
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
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€2.4m
Net result drops to -€2.4m, the lowest in the series.
31-12
Financial
Equity above €1mEq €1.1m
Equity rises from -€985,843 to €1.1m.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
05-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 189 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €1.1m
Net result €1.1m after one loss-making year.
31-12
Financial
Equity above €2mEq €2.4m ▲82.3%
Equity rises from €1.3m to €2.4m.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 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, Aalst · 1 establishment unit since 2000
Ground area
5,836 m²
Building footprint
2,343 m²
Volume, LiDAR
20,862 m³
Parcel 41342B1641/00Y000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Waterkeringstraat 21, 9320 Aalst
since 20002.099.867.876
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B1641/00Y000 | Flanders | 5,836 m² | 1 · 2,342 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
DOMO CHEMICALS HOLDING
31 companies
Group, risk and exposure
Owners and holdings
2 owners · 2 holdingsChain of control
Highest known parent: DOMO CHEMICALS HOLDING. The sources do not say who stands above it.
Owners 2
- DOVESCOparentSourceaccounts DOVESCO 202599.84%
- DOMO CHEMICALS HOLDINGparentSourceLEI registerconsolidated
Holdings 2
-
100%
-
100%
According to the 2025 annual accounts of QLEVR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300SZFO1SPS8BJQ63
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DE TEMMERMAN KWALITEITSMEUBELEN
BE 0419.233.010
Oudenaarde · Eq €1,097,395
Of 2,606 companies in sector 47551 we hold annual accounts for 1,723. 993 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
31003Manufacture of furniture
47551Retail sale of household furniture
13921Manufacture of textiles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472941217
Registered
01-12-2025
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.