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QRF

Active Risk: low
Public limited companyfounded 201313 yrs activeVeldstraat 88A, 9000 Gent, BelgiumKBO/BCE: BE 0537.979.024
Summary

QRF has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low). No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203Activities auxiliary to financial services and insurance activities NACE 66300
1 site
Size
Accounts not processed yet
Financial health
Bankruptcy chance 12 m
0.9%
No score: no figures
Structure
Largest shareholder
HORIZON RETAIL INVESTERINGEN WP · 30.4%
Holdings
1
Auditor: KPMG Bedrijfsrevisoren BV/SRLAccounts 39 d early5 of 72 deeds read
Signals- 1 change of registered office in 24 months- 1 of the last 3 late+ Sector Real estate activities (NACE 68)+ Legal form Public limited companyLatest accounts filed on timeShow the evidence

Checked score

Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (2,815 companies)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%▲ +0.4% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%● 0.0% vs 03-2025 05-2025: 0.5%▲ +85.3% vs 04-2025 06-2025: 0.5%▲ +1.4% vs 05-2025 07-2025: 0.5%● 0.0% vs 06-2025 08-2025: 0.5%▲ +3.9% vs 07-2025 09-2025: 0.5%● 0.0% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 1.5%▲ +187% vs 11-2025highest value 01-2026: 1.5%● 0.0% vs 12-2025highest value 02-2026: 1.5%● 0.0% vs 01-2026highest value 03-2026: 1.5%● 0.0% vs 02-2026highest value 04-2026: 1.5%● 0.0% vs 03-2026highest value 05-2026: 1.5%● 0.0% vs 04-2026highest value 06-2026: 1.5%● 0.0% vs 05-2026highest value 07-2026: 0.9%▼ -40.4% vs 06-2026 08-2026: 0.9%● 0.0% vs 07-2026 09-2026: 0.9%● 0.0% vs 08-2026 10-2026: 0.9%● 0.0% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • 1 of the last 3 late raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • Legal form Public limited company lowers the probability
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
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 22-06-2026, 39 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
39 d early
2024
98 d late
2023
55 d early
2022
66 d early
2021
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 22 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
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. Capital & shares · RestructuringResignations: QRF MANAGEMENT (director) and…
  2. Capital & sharesCapital increase · Statutes amendment…
  3. MiscellaneousCapital increase · Shareholding ·…

Key points

  • Merger with ARIOSO INVESTMENTS BELGIUMmerger on 07-08-2026 2026 View
  • Active since 2013founded 03-09-2013 13 years View

By topic

Board & ownership

Largest shareholder
HORIZON RETAIL INVESTERINGEN WP · 30.4%
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Go to Board & ownership

Timeline

Events
15
Since
2022
Next accounts
by 31-07-2027
  1. 07-08-2026Capital & shares · Restructuring
  2. 27-07-2026Capital & shares
  3. 06-07-2026Miscellaneous
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
03-09-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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