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QPASA

Inactive
KBO/BCE: BE 0778.743.516

QPASA was declared bankrupt on 27-06-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 06-01-2026, published in the Belgian State Gazette on 12-01-2026.

Summary

Inactive; last annual accounts for fiscal year 2023.

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 Expert view
QPASAInactive
Report

Overview

What they do
Activity not known
How big
€28,266total assets 2023
Equity
€16,221
Profit
€13,221
Turnover not published (abridged schema)
Financially healthy?
Inactive: no score
Who decides
Accounts 174 d early0 of 1 deed read
SignalsPrior bankruptcyLatest accounts filed on timeShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 10-08-2023, 174 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2023
174 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2023 accounts 174 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Bankruptcy closure (insufficient assets)Ondernemingsrechtbank Antwerpen, afdeling Hasselt ·…
  2. OpeningOndernemingsrechtbank Antwerpen, afdeling Hasselt ·…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2023Total assets €28,266Profit €13,221Solvency 57.4%Liquidity 2.32
Total assets
€28,266
2023
Net result
€13,221
2023
Equity
€16,221
2023
Solvency
57.4%
2023

Financials · fiscal year 2023, micro schema

Trend over the years1 fiscal year

Turnover and EBIT margin not published: the micro schema does not require them.

Result and balance sheet2023
Balance-sheet composition
Assets €28,266
Fixed assets €265
Current assets €28,001
Equity and liabilities €28,266
Equity €16,221
Debt €12,046
Debt finances 42.6% of the balance-sheet total.
Key figures and ratios2023
Key figures and ratios
2023 value
EBITDA
€18,294
Cash flow
€13,285
Current ratio
2.32
Debt to equity
0.74
ROE
81.5%
ROA
46.8%
Debt ≤ 1 year
€12,046
Income taxes
€5,009
Filed annual accountsfiscal year 2023
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 30 lines
Balance sheet Code2023
Assets
Total assets20/58€28,266
Fixed assets21/28€265
Tangible fixed assets22/27€265
Furniture and vehicles24€265
Current assets29/58€28,001
Amounts receivable within one year40/41€28,001
Trade receivables40€24,200
Other amounts receivable41€3,801
Equity and liabilities
Total equity and liabilities10/49€28,266
Equity10/15€16,221
Contributions10/11€3,000
Reserves13€13,221
Distributable reserves133€13,221
Amounts payable17/49€12,046
Amounts payable within one year42/48€12,046
Trade debts44€1,248
Suppliers440/4€1,248
Taxes, remuneration and social security45€7,947
Taxes450/3€7,947
Other amounts payable47/48€2,850
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65
Gross operating margin9900€18,294
Operating profit (loss)9901€18,229
Profit (loss) for the period before taxes9903€18,229
Income taxes67/77€5,009
Profit (loss) for the period9904€13,221
Profit (loss) for the period to be appropriated9905€13,221
Appropriation of the result
Profit (loss) to be appropriated9906€13,221
Transfer to equity691/2€13,221
To other reserves6921€13,221

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65
Gross operating margin9900€18,294
Operating profit (loss)9901€18,229
Profit (loss) for the period before taxes9903€18,229
Income taxes67/77€5,009
Profit (loss) for the period9904€13,221
Profit (loss) for the period to be appropriated9905€13,221
Line2023
Assets
Total assets20/58€28,266
Fixed assets21/28€265
Tangible fixed assets22/27€265
Furniture and vehicles24€265
Current assets29/58€28,001
Amounts receivable within one year40/41€28,001
Trade receivables40€24,200
Other amounts receivable41€3,801
Equity and liabilities
Total equity and liabilities10/49€28,266
Equity10/15€16,221
Contributions10/11€3,000
Reserves13€13,221
Distributable reserves133€13,221
Amounts payable17/49€12,046
Amounts payable within one year42/48€12,046
Trade debts44€1,248
Suppliers440/4€1,248
Taxes, remuneration and social security45€7,947
Taxes450/3€7,947
Other amounts payable47/48€2,850
Line2023
Profit (loss) for the period9904€13,221
+ Depreciation and write-downs630€65
Operating cash flow (approximation)€13,285

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Board & ownership

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHRISTOPHE CELIS
Grasbos 35, 3294 02 Diest
 27-06-2024 → 06-01-2026

Timeline

3 eventsLatest 12-01-2026

History

QPASA has filed annual accounts once, for fiscal year 2023.1 The company was declared bankrupt on 27 June 2024; the bankruptcy was closed on 6 January 2026.23

  1. 1National Bank, annual accounts 2023
  2. 2Belgian State Gazette, 03-07-2024
  3. 3Belgian State Gazette, 12-01-2026

Acts, filings and financial milestones

2026
12-01
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 06-01-2026
2024
03-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-06-2024
2023
10-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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