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QNT

Active
Public limited companyfounded 1987active for 39 yearsTechnoparc de Thudinie(DON) 3, 6536 Thuin, BelgiumKBO/BCE: BE 0431.635.548
Summary

QNT has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.6m and a net result of €2.0m. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 88% of 6,071 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale of other food products
NACE 46389
#1 company by equity in Thuin, Wholesale and retail trade sector1 site
Size
€20.3mturnover 2025
Staff
18.9 FTE
Equity
€17.6m
Profit
€2.0m
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
ORMEX · 71.59%
Holdings
1
Auditor: DGST & PARTNERS - REVISEUR D'ENTREPRISES-BEDRIJFSREVISORENAccounts filed 1 day late1 of 10 deeds read
Why 97lowers riskFounded in 1987Profit of €2.0m (financial year 2025)Equity €17.6m (83.7% of total assets)Size: turnover €20.3m, 18.9 FTE, total assets €21.1mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.7% of total assets
Liquidity 59-23
short-term debt 15.4% · cash 9.5%
Profitability 78-11
return on assets 9.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,380 companies, NACE 46, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 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: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.41, compared with 5.68 in 2024; short-term debt: 15.4% and cash: 9.5% of total assets), and 16.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 92% on solvency, 77% on liquidity, 78% on profitability and 54% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €2.0m (financial year 2025)
NBB · annual accounts
lowers risk · Equity €17.6m (83.7% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €20.3m, 18.9 FTE, total assets €21.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
1 day late
2024
7 days early
2023
2 days early
2022
15 days early
2021
25 days early
2020
26 days early
2019
2 days early
← 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 11 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Fabien DEBECQ (sole director)Permanent representatives: Fabien DEBECQ and…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Company by equity in Thuin, Wholesale and retail…in the Checked rankings #1 View
  • Caution: Board changedlatest change 25-11-2025 · 1 in office 1 joined · 1 left View
  • Controlled by ORMEXknown shareholders 100% 71.59% View
  • Positive: 7 profitable years in a rowprofit 2025: €2.0m 7 years View
  • Caution: Result fell in 2025from €2.8m to €2.0m ▼ 30.2% View

By topic

Financials

Financial year
2025
Turnover
€20.3m
Profit
€2.0m
Solvency
83.7%
Turnover▼ 3.1%
Net result
20192025
Go to Financials

Board & ownership

Board
1 member
Parent
ORMEX · 71.59%
Known shareholders
100%
Auditor
DGST & PARTNERS -…
  • Alex DebecqDirector
Go to Board & ownership

Timeline

Events
41
Since
1988
Next accounts
by 31-01-2027
  1. 30-06-2024Highest result from 2019 to 2025
  2. 29-01-2024Annual accounts filed
  3. 16-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of other food productsNACE 46389
Founded
31-07-1987
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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