QP Construction
ActiveSummary
QP Construction has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €20k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+7
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.31 against 10.19 in 2024; short-term debt: 15.6% and cash: 56.3% of total assets), and 15.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.4%
Return on assets
13.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
19 d late
2023
33 d early
2022
28 d late
2021
26 d early
2020
18 d late
2019
64 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€131k▲ 18.4%
2024 · €110k
Total assets
€155k▲ 26.9%
2024 · €122k
Net result
€20k▲ 128%
2024 · €9k
Working capital
€128k▲ 19.5%
2024 · €107k
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
Line20212022202320242025
Operating result€23k▲ 42.2%€34k▲ 46.7%€26k▼ 25.5%€13k▼ 49.3%€30k▲ 135%
Net result€18k▲ 26.9%€24k▲ 30.1%€18k▼ 23.3%€9k▼ 50.7%€20k▲ 128%
Equity€47k▲ 68.4%€83k▲ 75.7%€101k▲ 21.7%€110k▲ 8.8%€131k▲ 18.4%
Total assets€90k▲ 8.3%€95k▲ 5.3%€124k▲ 30.5%€122k▼ 1.3%€155k▲ 26.9%
Debt€42k▼ 22.6%€11k▼ 73.6%€22k▲ 98.0%€12k▼ 47.1%€24k▲ 107%
Working capital€37k▲ 95.6%€74k▲ 100%€93k▲ 25.1%€107k▲ 15.7%€128k▲ 19.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 135% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155k
Fixed assets
€2k ▼ 18.8%
Current assets
€152k ▲ 28.0%
Equity and liabilities €155k
Equity
€131k ▲ 18.4%
Provisions
€0 ▼ 100%
Debt
€24k ▲ 107%
Debt's share of the balance-sheet total rises from 9.6% to 15.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €20k
Cash flow
€23k▲
2024 · €16k
Current ratio
6.31▼
2024 · 10.19
Quick ratio
4.49▼
2024 · 10.19
Debt to equity
0.18▲
2024 · 0.11
ROE
15.5%▲
2024 · 8.1%
ROA
13.1%▲
2024 · 7.3%
Interest coverage
99.38▼
2024 · 110.56
Debt ≤ 1 year
€24k▲
2024 · €12k
Income taxes
€10k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €6k | €7k | €3k | ▼ 63.7% |
| Other operating charges640/8 | €1k | €1k | €2k | €1k | €2k | ▲ 6.8% |
| Non-recurring operating charges66A | - | €650 | - | - | - | - |
| Gross operating margin9900 | €29k | €41k | €33k | €21k | €34k | ▲ 60.7% |
| Operating profit (loss)9901 | €23k | €34k | €26k | €13k | €30k | ▲ 135% |
| Financial income75/76B | €13 | €183 | €1 | €8 | €81 | ▲ 978% |
| Recurring financial income75 | €13 | €183 | €1 | €8 | €81 | ▲ 978% |
| Financial charges65/66B | €277 | €245 | €210 | €181 | €332 | ▲ 83.0% |
| Recurring financial charges65 | €277 | €245 | €210 | €181 | €332 | ▲ 83.0% |
| Profit (loss) for the period before taxes9903 | €23k | €34k | €25k | €13k | €30k | ▲ 136% |
| Transfer from deferred taxes780 | €80 | €80 | €80 | €80 | €7 | ▼ 91.0% |
| Income taxes67/77 | €5k | €11k | €7k | €4k | €10k | ▲ 149% |
| Profit (loss) for the period9904 | €18k | €24k | €18k | €9k | €20k | ▲ 128% |
| Transfer from tax-exempt reserves789 | €320 | €320 | €320 | €320 | €29 | ▼ 91.0% |
| Profit (loss) for the period to be appropriated9905 | €18k | €24k | €18k | €9k | €20k | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90k | €95k | €124k | €122k | €155k | ▲ 26.9% |
| Fixed assets21/28 | €16k | €10k | €9k | €3k | €2k | ▼ 18.8% |
| Tangible fixed assets22/27 | €16k | €10k | €9k | €3k | €2k | ▼ 18.8% |
| Plant, machinery and equipment23 | €790 | €509 | €1k | €2k | €2k | ▲ 57.0% |
| Furniture and vehicles24 | €15k | €10k | €8k | €1k | - | - |
| Current assets29/58 | €74k | €85k | €115k | €119k | €152k | ▲ 28.0% |
| Stocks and contracts in progress3 | - | - | - | - | €44k | - |
| Stocks30/36 | - | - | - | - | €2k | - |
| Contracts in progress37 | - | - | - | - | €42k | - |
| Amounts receivable within one year40/41 | €3k | €6k | €33k | €10k | €18k | ▲ 74.9% |
| Trade receivables40 | - | - | €26k | €3k | €11k | ▲ 319% |
| Other amounts receivable41 | €3k | €6k | €7k | €8k | €7k | ▼ 11.5% |
| Cash at bank and in hand54/58 | €70k | €76k | €79k | €107k | €87k | ▼ 18.6% |
| Deferred charges and accrued income490/1 | €2k | €3k | €3k | €1k | €3k | ▲ 106% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90k | €95k | €124k | €122k | €155k | ▲ 26.9% |
| Equity10/15 | €47k | €83k | €101k | €110k | €131k | ▲ 18.4% |
| Contributions10/11 | €6k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €38k | €63k | €80k | €89k | €109k | ▲ 22.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €989 | €669 | €349 | €29 | - | - |
| Distributable reserves133 | €35k | €60k | €78k | €87k | €107k | ▲ 22.9% |
| Profit (loss) carried forward14 | €3k | €2k | €3k | €3k | €3k | ▲ 13.1% |
| Provisions and deferred taxes16 | €247 | €167 | €87 | €7 | - | - |
| Deferred taxes168 | €247 | €167 | €87 | €7 | - | - |
| Amounts payable17/49 | €42k | €11k | €22k | €12k | €24k | ▲ 107% |
| Amounts payable after more than one year17 | €5k | €722 | - | - | - | - |
| Financial debts170/4 | €5k | €722 | - | - | - | - |
| Amounts payable within one year42/48 | €37k | €10k | €22k | €12k | €24k | ▲ 107% |
| Current portion of amounts payable after more than one year42 | €4k | €4k | €722 | - | - | - |
| Trade debts44 | €2k | €4k | €15k | €534 | €11k | ▲ 1,980% |
| Suppliers440/4 | €2k | €4k | €15k | €534 | €11k | ▲ 1,980% |
| Taxes, remuneration and social security45 | €7k | €2k | €2k | €2k | €2k | ▲ 23.6% |
| Taxes450/3 | €7k | €2k | €2k | €2k | €2k | ▲ 23.6% |
| Other amounts payable47/48 | €24k | - | €4k | €9k | €11k | ▲ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €24k | €18k | €9k | €20k | ▲ 128% |
| + Depreciation and write-downs630 | €5k | €5k | €6k | €7k | €3k | ▼ 63.7% |
| Operating cash flow (approximation) | €23k | €28k | €24k | €16k | €23k | ▲ 43.1% |
| Investment in fixed assets (approximation) | - | €650 | €-4k | €-1k | €-2k | ▼ 45.3% |
| Change in cash | - | €6k | €3k | €28k | €-20k | ▼ 170% |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €9k ▼50.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲21.7%
6 profitable years in a row build equity to €101k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €24k ▲30.1%
Operating result €34k, net result €24k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.11
Current ratio from 2.00 to 8.11; short-term debt falls from €37k to €10k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
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, Marche-en-Famenne · 1 establishment unit since 2011
Ground area
67 m²
Building footprint
55 m²
Parcel 83042A0248/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
QP CONSTRUCTION
since 20112.194.598.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83042A0248/00C000 | Wallonia | 67 m² | 1 · 55 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,847 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
42212Civil engineering
43110Demolition
43120Site preparation
43910Bricklaying and masonry work
81300Landscape service activities
Contact
Phone
0470/54 14 36Marche-en-Famenne
Scores and ratios are computed by Checked and are not a credit decision.