QLX
ActiveSummary
QLX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-193k) and a net result of €-93k. Its solvency ranks better than 6% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.42 in 2024; short-term debt: 99.1% and cash: 2.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 2025Solvency, return and age of the figures
Solvency
-154.3%
Return on assets
-74.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-193k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
23 d early
2024
14 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-193k▼ 92.4%
2024 · €-100k
2024: €-100k
2025: €-193k▼ -92.4% vs 2024
2024 → 2025
Total assets
€125k▼ 28.7%
2024 · €175k
2024: €175k
2025: €125k▼ -28.7% vs 2024
2024 → 2025
Net result
€-93k▲ 9.4%
2024 · €-102k
2024: €-102k
2025: €-93k▲ +9.4% vs 2024
2024 → 2025
Working capital
€-103k▼ 0.9%
2024 · €-102k
2024: €-102k
2025: €-103k▼ -0.9% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€-100k-€-193k▼ 92.4%
2024: €-100k
2025: €-193k▼ -92.4% vs 2024
Operating result€-99k-€-89k▲ 10.0%
2024: €-99k
2025: €-89k▲ +10.0% vs 2024
Net result€-102k-€-93k▲ 9.4%
2024: €-102k
2025: €-93k▲ +9.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €89k in 2025 against €99k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€104k ▲ 2.3%
Current assets
€21k ▼ 71.3%
Key figures and ratios
EBITDA
€-64k▲
2024 · €-77k
Cash flow
€-68k▲
2024 · €-81k
Solvency
-154.3%▼
2024 · -57.2%
Current ratio
0.17▼
2024 · 0.42
Quick ratio
0.15▼
2024 · 0.40
Debt to equity
-1.65▲
2024 · -2.75
ROA
-74.1%▼
2024 · -58.4%
Interest coverage
-16.67▲
2024 · -22.25
Debt
€318k▲
2024 · €276k
Debt ≤ 1 year
€124k▼
2024 · €176k
Debt > 1 year
€167k▲
2024 · €100k
Staff costs
€42k▼
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€175k€125k▼
Fixed assets21/28€102k€104k▲
Intangible fixed assets21€99k€75k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28-€27k
Current assets29/58€74k€21k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€50k€13k▼
Trade receivables40€31k€13k▼
Other amounts receivable41€18k-
Cash at bank and in hand54/58€20k€3k▼
Deferred charges and accrued income490/1€688€2k▲
Equity and liabilities
Total equity and liabilities10/49€175k€125k▼
Equity10/15€-100k€-193k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-102k€-195k▼
Amounts payable17/49€276k€318k▲
Amounts payable after more than one year17€100k€167k▲
Financial debts170/4€100k€167k▲
Amounts payable within one year42/48€176k€124k▼
Financial debts43€3k€7k▲
Credit institutions430/8€3k€7k▲
Trade debts44€165k€111k▼
Suppliers440/4€165k€111k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3-€59
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€74€904▲
Accrued charges and deferred income492/3-€27k
Income statement
Code20242025
Remuneration, social security and pensions62€45k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€25k▲
Gross operating margin9900€-32k€-22k▲
Operating profit (loss)9901€-99k€-89k▲
Financial income75/76B€2€172▲
Recurring financial income75€2€172▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-102k€-93k▲
Profit (loss) for the period9904€-102k€-93k▲
Profit (loss) for the period to be appropriated9905€-102k€-93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-102k€-195k▼
Profit (loss) brought forward from the previous period14P-€-102k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €45k | €42k | ▼ 6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €25k | ▲ 15.0% |
| Gross operating margin9900 | €-32k | €-22k | ▲ 31.1% |
| Operating profit (loss)9901 | €-99k | €-89k | ▲ 10.0% |
| Financial income75/76B | €2 | €172 | ▲ 7,523% |
| Recurring financial income75 | €2 | €172 | ▲ 7,523% |
| Financial charges65/66B | €3k | €4k | ▲ 10.9% |
| Recurring financial charges65 | €3k | €4k | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €-102k | €-93k | ▲ 9.4% |
| Profit (loss) for the period9904 | €-102k | €-93k | ▲ 9.4% |
| Profit (loss) for the period to be appropriated9905 | €-102k | €-93k | ▲ 9.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €175k | €125k | ▼ 28.7% |
| Fixed assets21/28 | €102k | €104k | ▲ 2.3% |
| Intangible fixed assets21 | €99k | €75k | ▼ 24.3% |
| Tangible fixed assets22/27 | €3k | €2k | ▼ 27.2% |
| Furniture and vehicles24 | €3k | €2k | ▼ 27.2% |
| Financial fixed assets28 | - | €27k | - |
| Current assets29/58 | €74k | €21k | ▼ 71.3% |
| Stocks and contracts in progress3 | €3k | €3k | ▼ 5.7% |
| Stocks30/36 | €3k | €3k | ▼ 5.7% |
| Amounts receivable within one year40/41 | €50k | €13k | ▼ 74.7% |
| Trade receivables40 | €31k | €13k | ▼ 59.9% |
| Other amounts receivable41 | €18k | - | - |
| Cash at bank and in hand54/58 | €20k | €3k | ▼ 83.5% |
| Deferred charges and accrued income490/1 | €688 | €2k | ▲ 232% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €175k | €125k | ▼ 28.7% |
| Equity10/15 | €-100k | €-193k | ▼ 92.4% |
| Contributions10/11 | €2k | €2k | = |
| Profit (loss) carried forward14 | €-102k | €-195k | ▼ 90.6% |
| Amounts payable17/49 | €276k | €318k | ▲ 15.4% |
| Amounts payable after more than one year17 | €100k | €167k | ▲ 67.0% |
| Financial debts170/4 | €100k | €167k | ▲ 67.0% |
| Amounts payable within one year42/48 | €176k | €124k | ▼ 29.4% |
| Financial debts43 | €3k | €7k | ▲ 118% |
| Credit institutions430/8 | €3k | €7k | ▲ 118% |
| Trade debts44 | €165k | €111k | ▼ 33.1% |
| Suppliers440/4 | €165k | €111k | ▼ 33.1% |
| Advances received on contracts in progress46 | €2k | - | - |
| Taxes, remuneration and social security45 | €5k | €6k | ▲ 8.4% |
| Taxes450/3 | - | €59 | - |
| Remuneration and social security454/9 | €5k | €6k | ▲ 7.3% |
| Other amounts payable47/48 | €74 | €904 | ▲ 1,129% |
| Accrued charges and deferred income492/3 | - | €27k | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-102k | €-93k | ▲ 9.4% |
| + Depreciation and write-downs630 | €22k | €25k | ▲ 15.0% |
| Operating cash flow (approximation) | €-81k | €-68k | ▲ 15.9% |
| Investment in fixed assets (approximation) | - | €-27k | - |
| Change in cash | - | €-17k | - |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Leuven · 1 establishment unit since 2023
Ground area
1,044 m²
Building footprint
85 m²
Volume, LiDAR
638 m³
Parcel 24051B0082/00M000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
QLX
since 20232.352.342.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051B0082/00M000 | Flanders | 1,044 m² | 1 · 85 m² | 10.8 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.
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,496 companies in sector 85510 we hold annual accounts for 720. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85510Sports and recreation education
82990Other business support services
86951Physiotherapy
93199Other sports activities
Contact
Website
www.qlxnow.comLeuven
Scores and ratios are computed by Checked and are not a credit decision.