QMD GROUP
The computed 12-month bankruptcy probability of QMD GROUP is 13.7% (high). The 2023 annual accounts show negative equity (€-66k) and a net result of €-61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1598 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-66k |
| Net result | €-61k |
| Better than sector | 5% |
| Active | 7 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -67.3% | 34.1% | |
| Net result | €-61k | €9k | |
| Equity | €-66k | €25k | |
| Gross operating margin | €285k | €35k | |
| Staff costs | €334k | €34k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-52k |
| Net profit | €-61k |
| Cash flow | €-59k |
| Staff costs | €334k |
| Income taxes | €165 |
| Dividends | - |
| Total assets | €99k |
| Equity | €-66k |
| Debt | €165k |
| of which ≤ 1y | €123k |
| of which > 1y | €8k |
| Working capital | €-31k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.75 |
| Quick ratio | 0.75 |
| Working capital ratio | -31.5% |
| Solvency | -67.3% |
| Debt / equity | -2.49 |
| Long-term debt ratio | -0.11 |
| Interest coverage | -8.28 |
| Gross margin | - |
| Net margin | - |
| ROA | -62.4% |
| ROE | 92.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €99k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €400 |
| Current assets | 29/58 | €92k |
| Amounts receivable within one year | 40/41 | €40k |
| Cash & bank | 54/58 | €45k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €99k |
| Equity | 10/15 | €-66k |
| Contributions / capital | 10/11 | €11k |
| Reserves | 13 | €5k |
| Accumulated profits (losses) | 14 | €-82k |
| Amounts payable | 17/49 | €165k |
| Amounts payable after one year | 17 | €8k |
| Amounts payable within one year | 42/48 | €123k |
| Trade debts payable within one year | 44 | €43k |
| Income statement | ||
| Gross operating margin | 9900 | €285k |
| Operating result | 9901 | €-55k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-61k |
| Income taxes | 67/77 | €165 |
| Net result for the period | 9904 | €-61k |
| Result to be appropriated | 9905 | €-61k |
| NACE primary | General cleaning of buildings(81210) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2018 |
| Status | Active |
| Postal code | - |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00N008 | Flanders | 9,631 m² | 1 · 998 m² | 25.2 m · 6 fl. |
| 12002A0346/00E002 | Flanders | 505 m² | 1 · 204 m² | 10.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-01-2025 Davy De Greef resigns as director
- Davy De Greef, Bestuurder
Technical details
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}13-12-2024 Registered office moved within Antwerpen
- Hoge-Aardstraat 29 bus 1, 2610 Antwerpen - Wilrijk → Uitbreidingstraat 84/3, 2600 Antwerpen-Berchem
Technical details
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"co_filed_documents": [
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}22-07-2024 4 directors appointed
- Davy De Greef, Bestuurder
- Mustapha Berrazi, Bestuurder
- Nadia Claessens, Dagelijks bestuur
- Stephane Van Roosbroeck, Notaris
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | QMD GROUP |
- 18-08-2025 Address struck