QQB
ActiveSummary
The computed 12-month bankruptcy probability of QQB is 3.3% (moderate). The 2025 annual accounts show equity of €81,051 and a net result of €57,681. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 63% of 7564 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency81▲+27
Growth78=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.21 against 1.3 in 2024; short-term debt: 43.9% and cash: 2.1% of total assets), and 43.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
56.1%
Return on assets
39.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
29 d early
2022
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average on the deadline day; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57,681▲ 22.2%
2024 · €47,192
Working capital
€76,718▲ 114%
2024 · €35,899
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
Line2022202320242025
Operating result€42,654-€46,908▲ 10.0%€59,700▲ 27.3%€80,078▲ 34.1%
Net result€32,537-€37,135▲ 14.1%€47,192▲ 27.1%€57,681▲ 22.2%
Equity€35,537-€72,672▲ 104%€48,559▼ 33.2%€81,051▲ 66.9%
Total assets€253,430-€215,062▼ 15.1%€169,422▼ 21.2%€144,404▼ 14.8%
Debt€217,892-€142,390▼ 34.7%€120,863▼ 15.1%€63,353▼ 47.6%
Working capital€28,070-€40,141▲ 43.0%€35,899▼ 10.6%€76,718▲ 114%
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144,404
Fixed assets
€4,333 ▼ 65.8%
Current assets
€140,071 ▼ 10.6%
Equity and liabilities €144,404
Equity
€81,051 ▲ 66.9%
Debt
€63,353 ▼ 47.6%
Debt's share of the balance-sheet total falls from 71.3% to 43.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.21▲
2024 · 1.30
Debt to equity
0.78▼
2024 · 2.49
ROE
71.2%▼
2024 · 97.2%
ROA
39.9%▲
2024 · 27.9%
Debt ≤ 1 year
€63,353▼
2024 · €120,863
Income taxes
€21,619▲
2024 · €12,039
Staff costs
€170▼
2024 · €353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €224 | €353 | €170 | ▼ 51.8% |
| Other operating charges640/8 | €348 | - | - | - | - |
| Operating charges capitalised as restructuring costs649 | - | - | -€348 | - | - |
| Gross operating margin9900 | €43,002 | €47,132 | €59,705 | €80,248 | ▲ 34.4% |
| Operating profit (loss)9901 | €42,654 | €46,908 | €59,700 | €80,078 | ▲ 34.1% |
| Financial income75/76B | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | €1 | - |
| Financial charges65/66B | €91 | €430 | €469 | €779 | ▲ 66.1% |
| Recurring financial charges65 | €91 | €430 | €469 | €779 | ▲ 66.1% |
| Profit (loss) for the period before taxes9903 | €42,563 | €46,479 | €59,231 | €79,300 | ▲ 33.9% |
| Income taxes67/77 | €10,026 | €9,344 | €12,039 | €21,619 | ▲ 79.6% |
| Profit (loss) for the period9904 | €32,537 | €37,135 | €47,192 | €57,681 | ▲ 22.2% |
| Profit (loss) for the period to be appropriated9905 | €32,537 | €37,135 | €47,192 | €57,681 | ▲ 22.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €253,430 | €215,062 | €169,422 | €144,404 | ▼ 14.8% |
| Fixed assets21/28 | €7,467 | €32,531 | €12,660 | €4,333 | ▼ 65.8% |
| Financial fixed assets28 | €7,467 | €32,531 | €12,660 | €4,333 | ▼ 65.8% |
| Current assets29/58 | €245,963 | €182,531 | €156,762 | €140,071 | ▼ 10.6% |
| Amounts receivable within one year40/41 | €243,959 | €142,144 | €156,328 | €133,890 | ▼ 14.4% |
| Trade receivables40 | €197,821 | €138,615 | €155,644 | €133,175 | ▼ 14.4% |
| Other amounts receivable41 | €46,138 | €3,529 | €684 | €715 | ▲ 4.5% |
| Cash at bank and in hand54/58 | €1,040 | €40,387 | €434 | €3,042 | ▲ 602% |
| Deferred charges and accrued income490/1 | €963 | - | - | €3,139 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €253,430 | €215,062 | €169,422 | €144,404 | ▼ 14.8% |
| Equity10/15 | €35,537 | €72,672 | €48,559 | €81,051 | ▲ 66.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €32,537 | €69,672 | €45,559 | €78,051 | ▲ 71.3% |
| Amounts payable17/49 | €217,892 | €142,390 | €120,863 | €63,353 | ▼ 47.6% |
| Amounts payable within one year42/48 | €217,892 | €142,390 | €120,863 | €63,353 | ▼ 47.6% |
| Trade debts44 | €207,867 | €108,730 | €13,480 | €25,947 | ▲ 92.5% |
| Suppliers440/4 | €207,867 | €108,730 | €13,480 | €25,947 | ▲ 92.5% |
| Taxes, remuneration and social security45 | €10,026 | €33,660 | €36,077 | €37,406 | ▲ 3.7% |
| Taxes450/3 | €10,026 | €33,660 | €36,077 | €37,406 | ▲ 3.7% |
| Other amounts payable47/48 | - | - | €71,306 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,537 | €37,135 | €47,192 | €57,681 | ▲ 22.2% |
| Operating cash flow (approximation) | €32,537 | €37,135 | €47,192 | €57,681 | ▲ 22.2% |
| Investment in fixed assets (approximation) | - | -€25,064 | €19,871 | €8,327 | ▼ 58.1% |
| Change in cash | - | €39,347 | -€39,953 | €2,608 | ▲ 107% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €57,681 ▲22.2%
Operating result €80,078, net result €57,681, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
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, Elsene · 1 establishment unit since 2022
Ground area
1,683 m²
Building footprint
2,433 m²
Volume, LiDAR
61,492 m³
Parcel 21807G0007/00R000, Brussels · tallest building 35.6 m, ±9 floors. Linked by address, not a title deed.
461
companies at this address
See who is registered here
1 establishment unit
QQB
since 20222.329.542.397
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
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.
Similar companies · same sector, comparable size
AS PRIMUS
BE 0556.612.229
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Jes.
BE 0788.976.125
Alken · Eq €81,368
RDB Construct
BE 0834.999.061
Niel · Eq €81,400
L.M.C. CONSTRUCTION
BE 0479.586.608
Mons · Eq €80,674
KM GROEP
BE 0727.706.173
Heusden-Zolder · Eq €80,583
Of 2,456 companies in sector 41003 we hold annual accounts for 1,055. 730 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
Founded11-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43342Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
Contact
E-mail
info@qqb.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0783346462
Also
9925:BE0783346462
Registered
25-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.