Qteal
ActiveQteal has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €734k and a net result of €271k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 2822 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+59
Solvency90▼-8
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 2.93 in 2023), but 50.6% 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 risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2024Solvency, return and age of the figures
Solvency
49.4%
Return on assets
18.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
34 d early
2022
31 d early
2021
31 d early
2020
30 d late
2019
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€734k▲ 5.3%
2023 · €697k
2018: €146k
2019: €245k
2020: €582k
2021: €671k
2022: €840k
2023: €697k
2018 → 2024
Total assets
€1.49M▲ 22.7%
2023 · €1.21M
2018: €458k
2019: €638k
2020: €1.00M
2021: €922k
2022: €1.05M
2023: €1.21M
2018 → 2024
Net result
€271k▲ 375%
2023 · €57k
2018: €109k
2019: €127k
2020: €399k
2021: €256k
2022: €213k
2023: €57k
2018 → 2024
Working capital
€429k▼ 9.5%
2023 · €474k
2018: €136k
2019: €234k
2020: €572k
2021: €655k
2022: €816k
2023: €474k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€582k-€671k▲ 15.4%€840k▲ 25.2%€697k▼ 17.0%€734k▲ 5.3%
Operating result€560k-€347k▼ 38.0%€320k▼ 7.9%€109k▼ 65.9%€422k▲ 286%
Net result€399k-€256k▼ 35.8%€213k▼ 16.7%€57k▼ 73.2%€271k▲ 375%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 286% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.49M
Fixed assets
€504k▲ 2.1%
Current assets
€983k▲ 36.8%
Equity and liabilities €1.49M
Equity
€734k▲ 5.3%
Debt
€753k▲ 46.2%
The debt ratio rises from 42.5% to 50.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€548k▲
2023 · €165k
Cash flow
€398k▲
2023 · €113k
Solvency
49.4%▼
2023 · 57.5%
Current ratio
1.77▼
2023 · 2.93
Quick ratio
1.77▼
2023 · 2.93
Debt / equity
1.03▲
2023 · 0.74
ROE
37.0%▲
2023 · 8.2%
ROA
18.3%▲
2023 · 4.7%
Interest coverage
36.07▲
2023 · 9.79
Debt
€753k▲
2023 · €515k
Debt ≤ 1 year
€554k▲
2023 · €245k
Debt > 1 year
€192k▼
2023 · €263k
Income taxes
€135k▲
2023 · €35k
Staff costs
€776k▼
2023 · €877k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.21M€1.49M▲
Fixed assets21/28€493k€504k▲
Tangible fixed assets22/27€476k€486k▲
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€464k€477k▲
Financial fixed assets28€18k€18k=
Current assets29/58€719k€983k▲
Amounts receivable within one year40/41€270k€304k▲
Trade receivables40€195k€221k▲
Other amounts receivable41€75k€83k▲
Current investments50/53€421k€651k▲
Deferred charges and accrued income490/1€28k€28k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.49M▲
Equity10/15€697k€734k▲
Contributions10/11€70k€70k=
Capital10€70k€70k=
Issued capital100€70k€70k=
Reserves13€627k€664k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€620k€657k▲
Amounts payable17/49€515k€753k▲
Amounts payable after more than one year17€263k€192k▼
Financial debts170/4€263k€192k▼
Amounts payable within one year42/48€245k€554k▲
Current portion of amounts payable after more than one year42€67k€72k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€55k€88k▲
Suppliers440/4€55k€88k▲
Taxes, remuneration and social security45€123k€155k▲
Taxes450/3€28k€82k▲
Remuneration and social security454/9€95k€73k▼
Other amounts payable47/48€24€234k▲
Accrued charges and deferred income492/3€7k€7k▼
Income statement
Code20232024
Non-recurring operating income76A€2k€459▼
Remuneration, social security and pensions62€877k€776k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€126k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€4€4k▲
Gross operating margin9900€1.04M€1.33M▲
Operating profit (loss)9901€109k€422k▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€17k€15k▼
Recurring financial charges65€17k€15k▼
Profit (loss) for the period before taxes9903€92k€407k▲
Income taxes67/77€35k€135k▲
Profit (loss) for the period9904€57k€271k▲
Profit (loss) for the period to be appropriated9905€57k€271k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€271k▲
Transfer from equity791/2€200k-
Transfer to equity691/2€57k€37k▼
To other reserves6921€57k€37k▼
Profit to be distributed694/7€200k€234k▲
Return on contributions (dividend)694€200k€147k▼
Employees696-€87k
Social balance
Average headcount (FTE)908712.111.6▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €57k ▼73.2%
Net result drops to €57k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €399k ▲214%
Operating result €560k, net result €399k, both a record.
31-12
Financial
Equity above €500kEq €582k ▲138%
3 profitable years in a row build equity to €582k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €245k ▲68.1%
2 profitable years in a row build equity to €245k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 2 establishment units since 2017
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.
Eglantierlaan 1222610 AntwerpenGround area
264 m²
Building footprint
162 m²
Volume, LiDAR
1,484 m³
2 parcels, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Qteal
since 20172.265.817.258
Qteal
since 20172.274.000.197
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011E0390/00A003 | Flanders | 168 m² | 1 · 66 m² | 9.8 m · 3 fl. |
| 11051B0237/00Z003 | Flanders | 96 m² | 1 · 96 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 2,912 EUR awarded · 2,912 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,105 EUR | 2,105 EUR |
| 2022 | 1 | 807 EUR | 807 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,813 companies in sector 62100 we hold annual accounts for 8,746. 4,762 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-06-2017
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:work@Qteal.com
Phone:0478227539