For QRM Institute, one filing cycle of the annual accounts is missing. The 2021 annual accounts show equity of €16,245 and a net result of -€1,176. The association has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).
Signalsraises riskFigures for financial year 2021 (filed 12-10-2022)Annual accounts not filedlowers riskLegal form: non-profit associationSector: Education (NACE 85)Liquidity: current ratio 3.72, cash €15,151neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: One filing cycle is missing
Financial strength, FY 2021 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency98=
equity 73.1% of total assets
Liquidity89=
short-term debt 26.9% · cash 68.2%
Profitability24-76
return on assets -5.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (3,804 companies, NACE 85, micro)
Last 24 months11-2024: < 0.1%12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-2024highest value02-2025: < 0.1%● unchanged vs 01-2025highest value03-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-2025highest value05-2025: < 0.1%● unchanged vs 04-2025highest value06-2025: < 0.1%● unchanged vs 05-2025highest value07-2025: < 0.1%● unchanged vs 06-2025highest value08-2025: < 0.1%● unchanged vs 07-202509-2025: < 0.1%● unchanged vs 08-202510-2025: < 0.1%● unchanged vs 09-202511-2025: < 0.1%● unchanged vs 10-202512-2025: < 0.1%● unchanged vs 11-202501-2026: < 0.1%● unchanged vs 12-202502-2026: < 0.1%● unchanged vs 01-202603-2026: < 0.1%● unchanged vs 02-202604-2026: < 0.1%● unchanged vs 03-202605-2026: < 0.1%● unchanged vs 04-202606-2026: < 0.1%● unchanged vs 05-202607-2026: < 0.1%● unchanged vs 06-202608-2026: < 0.1%● unchanged vs 07-202609-2026: < 0.1%● unchanged vs 08-202610-2026: < 0.1%● unchanged vs 09-2026lowest value
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2024 · abbreviated…
Annual accounts filedfinancial year 2023 · abbreviated…