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QM DEVELOPMENTS

Active
Private limited companyfounded 2019active for 7 yearsHeulestraat 9, 8560 Wevelgem, BelgiumKBO/BCE: BE 0718.809.590
Summary

QM DEVELOPMENTS has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417,119 and a net result of -€20,925. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 95% of 3,304 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-01-2019 Normal situation
Activity
Bodywork repair (including spraying and painting) NACE 95314and 4 others
Joint committee
112 Paritair Comité voor het garagebedrijf · annual accounts 30-09-2025
Establishment unit
2.284.209.844 8560 Wevelgem, since 17-01-2019
Financial year end
30 September
Peppol
Reachable since 06-08-2024

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€72,373
▲ 26.4%
Turnover
≈ €180,000
estimated
Loss
€20,925
▼ 22.6%
Equity
€417,119
▼ 8.9%
Total assets
€450,850
▼ 7.8%
Employees on 30-09-2025
1
=
Score breakdownraises riskLoss of €20,925, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 8.58, cash €172,668Equity €417,119 (92.5% of total assets)Size: total assets €450,850Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 92.5% of total assets
Liquidity 98=
short-term debt 7.3% · cash 38.3%
Profitability 63+51
return on assets -4.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.2 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.2%▼ -0.2 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.58 (10.28 in 2024), above the usual 1.5. Short-term debt is 7.3% and cash 38.3% of total assets. 7.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 92% of them on solvency, 95% on liquidity, 35% on profitability and 23% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.58, cash €172,668
NBB · annual accounts
raises risk · Loss of €20,925, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €417,119 (92.5% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €450,850
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€20,925
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
20 days early
2024
26 days early
2023
26 days early
2022
27 days early
2021
30 days early
2020
31 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 4 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 92% of companies in repair of computers and personal goodssector median €8,472 · 3,303 companies -€20,925 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€20,925 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Resignations: QUARTIER Martin (manager) and LIVEYNS Ann (manager)Reappointments: QUARTIER Martin (director) and LIVEYNS Ann (director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as QM DEVELOPMENTS: bodywork repair (including spraying and painting) (NACE 95314). They are comparable in size and age: total assets between €314,000 and €496,000, founded between 2016 and 2021.

CompanyTotal assetsGross margin
QM DEVELOPMENTS Wevelgem€450,850€72,373
SEBRING MOTORS Maaseik€457,622€71,260
MAGIC DSP Tournai€443,473€48,480
All Cars Oudenaarde Kruisem€496,480€101,954
CarVic Repair Bornem€427,866€78,217
ML Service Staden€352,754€129,416
Mc Creations Kortemark€314,077€111,655
Full comparison

Key facts about QM DEVELOPMENTS

What is the company number of QM DEVELOPMENTS?
The company number of QM DEVELOPMENTS is 0718.809.590. The VAT number is the same number with BE in front: BE 0718.809.590.
Where is QM DEVELOPMENTS based?
The registered office is at Heulestraat 9, 8560 Wevelgem.Company details
What does QM DEVELOPMENTS do?
According to the KBO register, the main activity is bodywork repair (including spraying and painting) (NACE 95314).
What is the legal form of QM DEVELOPMENTS?
The legal form of QM DEVELOPMENTS is Private limited company (BV).
When was QM DEVELOPMENTS founded?
QM DEVELOPMENTS was founded on 17-01-2019.
Is QM DEVELOPMENTS still active?
Yes, QM DEVELOPMENTS is an active enterprise in the KBO register.
How many employees does QM DEVELOPMENTS have?
QM DEVELOPMENTS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does QM DEVELOPMENTS fall under?
In its 30-09-2025 annual accounts, QM DEVELOPMENTS states joint committee 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of QM DEVELOPMENTS?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €72,373 and 33 comparable companies (NACE 953). It probably lies between €130,000 and €240,000.
Is QM DEVELOPMENTS profitable?
In financial year 2025, QM DEVELOPMENTS made a loss of €20,925.
Where can I find the annual accounts of QM DEVELOPMENTS?
QM DEVELOPMENTS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QM DEVELOPMENTS due?
QM DEVELOPMENTS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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