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QSOFT.BE

Active
Private limited companyfounded 200520 yrs activeRuitersweg 28, 8200 Brugge, BelgiumKBO/BCE: BE 0878.154.064

QSOFT.BE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €587k and a net result of €48k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 678 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency88▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.03 in 2024; short-term debt: 16.4% and cash: 33.5% of total assets), and 36.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.3%
Return on assets
5.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 d early
2024
35 d early
2023
30 d late
2022
25 d late
2021
13 d late
2020
1 d early
2019
66 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€587k▲ 9.0%
2024 · €538k
2018: €401k 2019: €414k 2020: €421k 2021: €456k 2022: €471k 2023: €487k 2024: €538k
2018 → 2025
Total assets
€927k▼ 1.4%
2024 · €941k
2018: €631k 2019: €824k 2020: €1.23M 2021: €1.05M 2022: €1.03M 2023: €963k 2024: €941k
2018 → 2025
Net result
€48k▼ 5.5%
2024 · €51k
2018: €12k 2019: €13k 2020: €7k 2021: €36k 2022: €15k 2023: €16k 2024: €51k
2018 → 2025
Working capital
€183k▲ 11.2%
2024 · €165k
2018: €87k 2019: €-10k 2020: €-245k 2021: €-93k 2022: €134k 2023: €127k 2024: €165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€456k-€471k▲ 3.2%€487k▲ 3.4%€538k▲ 10.5%€587k▲ 9.0%
Operating result€60k-€36k▼ 39.7%€30k▼ 18.1%€88k▲ 199%€72k▼ 18.3%
Net result€36k-€15k▼ 59.1%€16k▲ 9.7%€51k▲ 218%€48k▼ 5.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €60k€60kNet result 2021: €36k€36kOperating result 2022: €36k€36kNet result 2022: €15k€15kOperating result 2023: €30k€30kNet result 2023: €16k€16kOperating result 2024: €88k€88kNet result 2024: €51k€51kOperating result 2025: €72k€72kNet result 2025: €48k€48k20212022202320242025
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €927k
Fixed assets €592k▼ 3.9%
Current assets €336k▲ 3.2%
Equity and liabilities €927k
Equity €587k▲ 9.0%
Debt €340k▼ 15.4%
The debt ratio falls from 42.8% to 36.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€121k
2024 · €131k
Cash flow
€97k
2024 · €94k
Solvency
63.3%
2024 · 57.2%
Current ratio
2.20
2024 · 2.03
Quick ratio
2.20
2024 · 2.03
Debt / equity
0.58
2024 · 0.75
ROE
8.2%
2024 · 9.5%
ROA
5.2%
2024 · 5.4%
Interest coverage
21.57
2024 · 19.04
Debt
€340k
2024 · €402k
Debt ≤ 1 year
€152k
2024 · €160k
Debt > 1 year
€188k
2024 · €242k
Income taxes
€18k
2024 · €32k
Staff costs
€1k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€941k€927k
Fixed assets21/28€616k€592k
Tangible fixed assets22/27€616k€582k
Land and buildings22€594k€564k
Plant, machinery and equipment23€22k€16k
Furniture and vehicles24-€2k
Financial fixed assets28-€10k
Current assets29/58€325k€336k
Amounts receivable within one year40/41€24k€21k
Trade receivables40€16k€21k
Other amounts receivable41€8k-
Cash at bank and in hand54/58€299k€311k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€941k€927k
Equity10/15€538k€587k
Contributions10/11€19k€19k=
Reserves13€186k€234k
Distributable reserves133€186k€234k
Profit (loss) carried forward14€334k€334k=
Amounts payable17/49€402k€340k
Amounts payable after more than one year17€242k€188k
Financial debts170/4€242k€188k
Amounts payable within one year42/48€160k€152k
Current portion of amounts payable after more than one year42€53k€54k
Trade debts44€493€1k
Suppliers440/4€493€1k
Taxes, remuneration and social security45€6k€15k
Taxes450/3€6k€15k
Other amounts payable47/48€101k€82k
Income statement Code20242025
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€48k
Other operating charges640/8€7k€5k
Gross operating margin9900€138k€127k
Operating profit (loss)9901€88k€72k
Financial income75/76B€1k€0
Recurring financial income75€1k€0
Financial charges65/66B€7k€6k
Recurring financial charges65€7k€6k
Profit (loss) for the period before taxes9903€83k€67k
Income taxes67/77€32k€18k
Profit (loss) for the period9904€51k€48k
Profit (loss) for the period to be appropriated9905€51k€48k
Appropriation of the result
Profit (loss) to be appropriated9906€385k€383k
Profit (loss) brought forward from the previous period14P€334k€334k=
Transfer to equity691/2€51k€48k
To other reserves6921€51k€48k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
24-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2018net €51k ▲218%
Operating result €88k, net result €51k, both a record.
30-09
Financial Equity above €500kEq €538k ▲10.5%
7 profitable years in a row build equity to €538k.
30-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-09
Financial Liquidity triplescurrent ratio 1.63
Current ratio from 0.53 to 1.63.
13-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet €7k ▼45.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
24-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Brugge · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Ruitersweg 288200 Brugge
Ground area
3,409 m²
Building footprint
209 m²
Volume, LiDAR
42 m³
Parcel 31030A0353/00E000, Flanders · tallest building 1.6 m. Linked by address, not a title deed.
1 establishment unit
Qsoft.Be
Ruitersweg 28, 8200 BruggeNACE 51840
since 20062.151.000.437
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31030A0353/00E000 Flanders 3,409 m² 1 · 209 m² 1.6 m
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

Of 1,284 companies in sector 58290 we hold annual accounts for 593. 375 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-12-2005
Fiscal year end30-09
Activities, NACEBEL
58290Other software publishing
72210
46500Wholesale of information and communication equipment
46510Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
51840
52487
72500
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Website:www.qsoft.be
Enterprise
E-mail:sven@qsoft.be
Enterprise