Financials
- Fiscal year
- 2025
- Total assets
- €3,150
- Loss
- -€2,007
- Solvency
- 60.8%
Total assets▼ 27.2%
Net result
20182025
QOR GROUP
ActiveSummary
The annual accounts of QOR GROUP for fiscal year 2025 show a net loss of 64% of total assets and of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €1,916 and a net result of -€2,007. Equity is shrinking by ~20% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 65% of 12918 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€3,150total assets 2025
- Equity
- €1,916
- Loss
- -€2,007
Turnover not published (abridged schema)
Structure
Accounts filed 30 d late0 of 3 deeds read
Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €2,007, the second in a row (FY 2025)- Liquidity: current ratio 0.36, cash €26+ Size: total assets €3,150+ Figures for FY 2025 (filed 30-08-2026)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 28% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
86-14
equity 60.8% of total assets
Liquidity
33-17
short-term debt 39.2% · cash 0.8%
Profitability
0=
return on assets -63.7%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.2%● 0.0% vs 11-2024lowest value
01-2025: 0.2%● 0.0% vs 12-2024lowest value
02-2025: 0.2%● 0.0% vs 01-2025lowest value
03-2025: 0.2%▲ +0.8% vs 02-2025
04-2025: 0.3%▲ +10.8% vs 03-2025
05-2025: 0.3%● 0.0% vs 04-2025
06-2025: 0.3%▼ -1.1% vs 05-2025
07-2025: 0.3%▲ +15.0% vs 06-2025
08-2025: 0.5%▲ +62.7% vs 07-2025
09-2025: 1.0%▲ +91.0% vs 08-2025
10-2025: 1.0%● 0.0% vs 09-2025
11-2025: 1.0%● 0.0% vs 10-2025
12-2025: 1.0%● 0.0% vs 11-2025
01-2026: 1.0%▲ +0.9% vs 12-2025
02-2026: 1.0%▼ -0.9% vs 01-2026
03-2026: 1.0%▼ -1.0% vs 02-2026
04-2026: 1.0%▲ +1.8% vs 03-2026
05-2026: 0.9%▼ -6.7% vs 04-2026
06-2026: 0.9%▼ -3.2% vs 05-2026
07-2026: 1.0%▲ +9.0% vs 06-2026
08-2026: 1.4%▲ +42.3% vs 07-2026highest value
09-2026: 0.8%▼ -41.0% vs 08-2026
10-2026: 0.8%● 0.0% vs 09-2026
- Loss of €2,007, the second in a row (FY 2025) raises the probability
- Size: total assets €3,150 lowers the probability for this profile
- Liquidity: current ratio 0.36, cash €26 raises the probability
- Figures for FY 2025 (filed 30-08-2026) lowers the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 67%, liquidity 30%, profitability 6%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,007
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
26 d late
2023
29 d late
2022
1 d late
2021
5 d early
2020
44 d early
2019
44 d 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 1 day before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-08-2026Annual accounts filed
- 26-08-2025Annual accounts filed
- 29-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 18-11-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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