QMIND
ActiveSummary
For QMIND, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €36,505 and a net result of €3,610. Equity is growing by ~16.6% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability76▼-24
Solvency82▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
56.7%
Return on assets
5.6%
Age of the figures
57 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-10-2022, 77 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
77 d late
2020
37 d early
2019
22 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Equity
€36,505▲ 11.0%
2020 · €32,895
Total assets
€64,417▲ 48.9%
2020 · €43,249
Net result
€3,610▼ 88.3%
2020 · €30,903
Working capital
€48,136▲ 51.3%
2020 · €31,815
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€30,391-€19,295▼ 36.5%€41,814▲ 117%€5,881▼ 85.9%
Net result€22,906-€12,423▼ 45.8%€30,903▲ 149%€3,610▼ 88.3%
Equity€23,168-€1,992▼ 91.4%€32,895▲ 1,552%€36,505▲ 11.0%
Total assets€40,297-€47,541▲ 18.0%€43,249▼ 9.0%€64,417▲ 48.9%
Debt€17,128-€45,550▲ 166%€10,355▼ 77.3%€27,912▲ 170%
Working capital€12,691--€1,582€31,815€48,136▲ 51.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 86% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €64,417
Fixed assets
€933 ▼ 13.6%
Current assets
€63,484 ▲ 50.5%
Equity and liabilities €64,417
Equity
€36,505 ▲ 11.0%
Debt
€27,912 ▲ 170%
Debt's share of the balance-sheet total rises from 23.9% to 43.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6,647▼
2020 · €42,789
Cash flow
€4,376▼
2020 · €31,878
Current ratio
4.14▲
2020 · 4.07
Debt to equity
0.76
ROE
9.9%▼
2020 · 93.9%
ROA
5.6%▼
2020 · 71.5%
Interest coverage
13.48
Debt ≤ 1 year
€15,348▲
2020 · €10,355
Debt > 1 year
€12,564
Income taxes
€3,974▼
2020 · €10,812
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,664 | €5,203 | €975 | €766 | ▼ 21.5% |
| Gross operating margin9900 | €37,180 | €26,993 | €43,314 | €6,647 | ▼ 84.7% |
| Operating profit (loss)9901 | €30,391 | €19,295 | €41,814 | €5,881 | ▼ 85.9% |
| Financial income75/76B | - | - | - | €2,196 | - |
| Recurring financial income75 | - | €0 | - | €2,196 | - |
| Financial charges65/66B | - | - | - | €493 | - |
| Recurring financial charges65 | €141 | €874 | €99 | €493 | ▲ 398% |
| Profit (loss) for the period before taxes9903 | €30,250 | €18,421 | €41,715 | €7,584 | ▼ 81.8% |
| Income taxes67/77 | €7,343 | €5,998 | €10,812 | €3,974 | ▼ 63.2% |
| Profit (loss) for the period9904 | €22,906 | €12,423 | €30,903 | €3,610 | ▼ 88.3% |
| Profit (loss) for the period to be appropriated9905 | €22,906 | €12,423 | €30,903 | €3,610 | ▼ 88.3% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €40,297 | €47,541 | €43,249 | €64,417 | ▲ 48.9% |
| Fixed assets21/28 | €10,477 | €3,723 | €1,080 | €933 | ▼ 13.6% |
| Tangible fixed assets22/27 | €10,477 | €3,723 | €1,080 | €933 | ▼ 13.6% |
| Furniture and vehicles24 | - | - | - | €933 | - |
| Current assets29/58 | €29,820 | €43,818 | €42,169 | €63,484 | ▲ 50.5% |
| Amounts receivable within one year40/41 | €7,702 | €39,815 | €26,657 | €60,948 | ▲ 129% |
| Trade receivables40 | - | - | - | €16,039 | - |
| Other amounts receivable41 | - | - | - | €44,909 | - |
| Cash at bank and in hand54/58 | €18,805 | €3,824 | €14,857 | €2,536 | ▼ 82.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €40,297 | €47,541 | €43,249 | €64,417 | ▲ 48.9% |
| Equity10/15 | €23,168 | €1,992 | €32,895 | €36,505 | ▲ 11.0% |
| Contributions10/11 | €100 | €100 | - | €100 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €21,208 | €32 | €30,935 | €34,545 | ▲ 11.7% |
| Amounts payable17/49 | €17,128 | €45,550 | €10,355 | €27,912 | ▲ 170% |
| Amounts payable after more than one year17 | - | - | - | €12,564 | - |
| Financial debts170/4 | - | - | - | €12,564 | - |
| Amounts payable within one year42/48 | €17,128 | €45,400 | €10,355 | €15,348 | ▲ 48.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,399 | - |
| Trade debts44 | €793 | €1,169 | €2,070 | €458 | ▼ 77.9% |
| Suppliers440/4 | - | - | - | €458 | - |
| Taxes, remuneration and social security45 | - | - | - | €8,491 | - |
| Taxes450/3 | - | - | - | €8,491 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,906 | €12,423 | €30,903 | €3,610 | ▼ 88.3% |
| + Depreciation and write-downs630 | €5,664 | €5,203 | €975 | €766 | ▼ 21.5% |
| Operating cash flow (approximation) | €28,570 | €17,626 | €31,878 | €4,376 | ▼ 86.3% |
| Investment in fixed assets (approximation) | - | €1,551 | €1,668 | -€619 | ▼ 137% |
| Change in cash | - | -€14,981 | €11,033 | -€12,321 | ▼ 212% |
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
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial
Weakest financial yearnet €3,610 ▼88.3%
Net result drops to €3,610, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €30,903 ▲149%
Operating result €41,814, net result €30,903, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.07
Current ratio from 0.97 to 4.07; short-term debt falls from €45,400 to €10,355.
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Seneffe · 1 establishment unit since 2017
Ground area
220 m²
Building footprint
117 m²
Parcel 52020B0114/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20172.267.365.496
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52020B0114/00_000 | Wallonia | 220 m² | 1 · 116 m² | - |
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.
Identification & contact
Identification
Legal formLimited partnership
Founded19-06-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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