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QTeam Noord

Active
Public limited companyfounded 1977active for 49 yearsOostjachtpark 7, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0417.359.524
Summary

QTeam Noord has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.3m and a net result of €607,452. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 66% of 482 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Tyre services
NACE 95315
Largest company by total assets in Sint-Niklaas, Other services sector31 sites
Size
€80.4mturnover 2025
Staff
217.8 FTE
Equity
€22.3m
Profit
€607,452
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
QTEAM SERVICES · 100%
Accounts 39 days early3 of 13 deeds read
Why 93raises riskLiquidity: current ratio 2.17, cash €481,918lowers riskFounded in 1977Size: turnover €80.4m, 217.8 FTE, total assets €39.6mEquity €22.3m (56.2% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 95, medium-sized)
Financial strength · tick = 2024
Average
Solvency 81+10
equity 56.2% of total assets
Liquidity 30+7
short-term debt 43.7% · cash 1.2%
Profitability 56-5
return on assets 1.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (40 companies, NACE 95, medium-sized)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €2,050,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.17, compared with 1.79 in 2024, above the usual 1.5; short-term debt: 43.7% and cash: 1.2% of total assets), and 43.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, medium-sized): better than 90% on solvency, 51% on liquidity, 49% on profitability and 54% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 2.17, cash €481,918
NBB · annual accounts
lowers risk · Size: turnover €80.4m, 217.8 FTE, total assets €39.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €22.3m (56.2% of total assets)
NBB · annual accounts
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 · 10 filings
Deviation from the deadline
2025
39 days early
2024
16 days early
2023
7 days early
2022
6 days early
2021
31 days late
2020
200 days late
2019
326 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 70 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Schneider Consult (director)Permanent representative: Michael Schneider
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025from €2.1m to €607,452 ▼ 71.4% View
  • Positive: Largest company by total assets in Sint-Niklaas, Other services sectorin the Checked rankings No. 1 View
  • Positive: 5 years of growth in a rowturnover 2025: €80.4m 5 years View
  • Controlled by QTEAM SERVICESultimately: QTeam Holding 100% View
  • Active since 1977founded 26-07-1977 49 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Turnover
€80.4m
Profit
€607,452
Solvency
56.2%
Turnover▲ 3.6%
Net result
20182025
Go to Financials

Timeline

Events
52
Since
1979
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 24-07-2024Annual accounts filed
  3. 15-07-2024Capital & shares · Resignations & appointments…
Go to Timeline

Company details

Sites
31
Legal form
Public limited company
Activity
Tyre servicesNACE 95315
Founded
26-07-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Annual meeting
Last Friday of June at 10:00
Purpose
“Alle aankoop en verkoop van binnen- en buitenbanden,alle montage,herstellingen en…” (deed in Dutch)
Go to Articles of association

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