QPAS
ActiveQPAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €345k and a net result of €31k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 95% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-1
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 27.71 against 27.36 in 2023), and 3.6% of the assets are financed with debt.
Credit advice 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.4%
Return on assets
8.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
not confirmed
2024
60 d late
2023
28 d late
2022
3 d early
2021
4 d late
2020
12 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€345k▲ 9.9%
2023 · €314k
2019: €195k
2020: €225k
2021: €258k
2022: €290k
2023: €314k
2019 → 2024
Total assets
€358k▲ 9.9%
2023 · €326k
2019: €230k
2020: €244k
2021: €280k
2022: €325k
2023: €326k
2019 → 2024
Net result
€31k▲ 7.0%
2023 · €29k
2019: €58k
2020: €32k
2021: €35k
2022: €41k
2023: €29k
2019 → 2024
Working capital
€345k▲ 11.3%
2023 · €310k
2019: €181k
2020: €215k
2021: €253k
2022: €284k
2023: €310k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€225k-€258k▲ 14.7%€290k▲ 12.4%€314k▲ 8.2%€345k▲ 9.9%
Operating result€44k-€49k▲ 9.6%€62k▲ 27.7%€36k▼ 42.3%€43k▲ 19.3%
Net result€32k-€35k▲ 9.3%€41k▲ 18.4%€29k▼ 29.6%€31k▲ 7.0%
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 2024; 2024 is 19% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €358k
Equity
€345k▲ 9.9%
Debt
€13k▲ 9.9%
The debt ratio stays at 3.6%.
Key figures and ratios
EBITDA
€43k▲
2023 · €37k
Cash flow
€31k▲
2023 · €30k
Solvency
96.4%=
2023 · 96.4%
Current ratio
27.71▲
2023 · 27.36
Quick ratio
27.60▲
2023 · 27.04
Debt / equity
0.04=
2023 · 0.04
ROE
9.0%▼
2023 · 9.2%
ROA
8.7%▼
2023 · 8.9%
Interest coverage
357009.58▼
2023 · 1869522.50
Debt
€13k▲
2023 · €12k
Debt ≤ 1 year
€13k▲
2023 · €12k
Income taxes
€12k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€326k€358k▲
Fixed assets21/28€4k-
Intangible fixed assets21€34-
Tangible fixed assets22/27€4k-
Plant, machinery and equipment23€4k-
Current assets29/58€321k€358k▲
Stocks and contracts in progress3€4k€1k▼
Stocks30/36€4k€1k▼
Amounts receivable within one year40/41€22k€29k▲
Trade receivables40€22k€29k▲
Current investments50/53€11k€11k=
Cash at bank and in hand54/58€281k€313k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€326k€358k▲
Equity10/15€314k€345k▲
Contributions10/11€19k€19k=
Reserves13€295k€326k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€293k€324k▲
Amounts payable17/49€12k€13k▲
Amounts payable within one year42/48€12k€13k▲
Trade debts44€861€1k▲
Suppliers440/4€861€1k▲
Taxes, remuneration and social security45€5k€11k▲
Taxes450/3€5k€11k▲
Other amounts payable47/48€6k€512▼
Income statement
Code20232024
Remuneration, social security and pensions62€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€34▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€42k€44k▲
Operating profit (loss)9901€36k€43k▲
Financial income75/76B€41€249▲
Recurring financial income75€41€249▲
Financial charges65/66B€0€0▲
Recurring financial charges65€0€0▲
Profit (loss) for the period before taxes9903€36k€43k▲
Income taxes67/77€7k€12k▲
Profit (loss) for the period9904€29k€31k▲
Profit (loss) for the period to be appropriated9905€29k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€31k▲
Transfer from equity791/2€5k-
Transfer to equity691/2€29k€31k▲
To other reserves6921€29k€31k▲
Profit to be distributed694/7€5k-
Return on contributions (dividend)694€5k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €29k ▼29.6%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 27.36
Current ratio from 9.22 to 27.36; short-term debt falls from €35k to €12k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €225k ▲15.5%
2 profitable years in a row build equity to €225k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heist-op-den-Berg · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bogaardenstraat 102220 Heist-op-den-BergGround area
5,902 m²
Building footprint
346 m²
Volume, LiDAR
1,912 m³
Parcel 12322I0924/00F000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QPAS
since 20102.192.022.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0924/00F000 | Flanders | 5,902 m² | 1 · 346 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RaySearch Belgium
BE 0838.244.504
Hasselt · Eq €345k
WIS and Co
BE 0453.248.831
Kampenhout · Eq €344k
ORIZ BRUSSELS
BE 0474.468.075
Wavre · Eq €346k
HEGRO BELGIUM
BE 0426.579.868
Ternat · Eq €346k
WithSecure
BE 0816.909.452
Leuven · Eq €346k
Of 2,120 companies in sector 46500 we hold annual accounts for 1,400. 1,054 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2010
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
46190Agents in non-specialised wholesale trade
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
74104Other professional, scientific and technical activities
74130Interior design
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.