Equity
-€27,171
Debts exceed assets in financial year 2025.
QUADCO ENGINEERING
Lifetime
8 annual accounts with figures on one time axispeak €105,585 (2018)
€21,196▲ €22,538
lowest -€116,333 (2019)
€12,055▲ €19,157
peak €32,344 (2018)
-€27,171▲ €12,055
€105,449▼ 12.8%
Board1 name since 2017
1 directorMartin Frédéric
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from -€1,342 to €21,196Back to profit: €12,055Equity from -€39,226 to -€27,171Investments €12,633Cash from €14,260 to €4,229
Key points
from the 2025 annual accountsDebts
€105,449 135% of the balance sheet
Financial debts 87%Suppliers 2%Taxes and wages 4%Other 8%
Of this, €6,071 falls due within a year.
Investments
€12,633 2.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
10.54 was 2.50 in 2024
Short-term debts fell from €29,600 to €6,071.
Filings
8 annual accounts 3 late
The 2023 accounts came latest: 58 days after the end of the period.
Position in the sector
-€27,171
Less equity than 95% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.
Checked score
55
Fair
Financially stronger than 45% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.1%▼ -0.1 percentage points vs 04-2025
06-2025: 1.0%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.6%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 1.6%● unchanged vs 08-2025highest value
10-2025: 1.6%● unchanged vs 09-2025highest value
11-2025: 1.6%● unchanged vs 10-2025highest value
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.5%▼ -0.1 percentage points vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.4%▼ -0.1 percentage points vs 07-2026
09-2026: 1.3%▼ -0.1 percentage points vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€27,171
1 of the last 3 accounts late
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 3% of them on solvency, 42% on liquidity, 61% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,180 companies had the same profile as QUADCO ENGINEERING has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of QUADCO ENGINEERING itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for QUADCO ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 10.54 (2.5 in 2024), above the usual 1.5. Short-term debt is 7.8% and cash 5.4% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11794 sector peers (2025).
NBB · sector comparisonPosition among 11794 sector peers
Solvency
better than 5%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 days early
2024
30 days early
2023
58 days late
2022
3 days early
2021
30 days early
2020
30 days late
2019
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0672683815
Registered office moved from Harelbeke to Rumbeke
New registered office: Koestraat 96, 8800 Rumbeke · Previous registered office: Twee- Bruggenstraat 67/501, 8530 Harelbeke · Board meeting of 30-09-2024 · Gazette deed
Registered office moved from Kuurne to Harelbeke
New registered office: Twee-Bruggenstraat 67/501, 8530 Harelbeke · Previous registered office: KATTESTRAAT 182, 8520 KUURNE · General meeting of 15-07-2019 · Gazette deed
Incorporation
published on 16-03-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QUADCO ENGINEERING Roeselare | €78,278 | €21,196 | -34.7% | - |
| DSLX Schaerbeek | €83,981 | €21,098 | 66.5% | - |
| Prochemir Lochristi | €72,550 | €22,757 | 97.5% | - |
| DCR CONCEPT Trois-Ponts | €70,858 | €18,105 | 76.0% | - |
| Studio Parsen Roeselare | €72,853 | €24,205 | 37.7% | - |
| Philicious Avelgem | €65,030 | €22,180 | -46.9% | - |
| ARAMIS CONSULTING Izegem | €61,262 | €27,027 | 67.8% | - |
These companies have the same main activity as QUADCO ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €61,300 and €84,000, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 14-03-2017Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Establishment unit
- 2.262.902.0138800 Roeselare, since 14-03-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- ≈ €95,000estimated
- €78,278▼ 4.1%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on QUADCO ENGINEERING
QUADCO ENGINEERING files the micro format. That format states no turnover. The gross margin fell from €105,585 in 2018 to €21,196 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about QUADCO ENGINEERING
- What is the company number of QUADCO ENGINEERING?
- The company number of QUADCO ENGINEERING is 0672.683.815. The VAT number is the same number with BE in front: BE 0672.683.815.
- Where is QUADCO ENGINEERING based?
- The registered office is at Koestraat 96, 8800 Roeselare.Company details
- What does QUADCO ENGINEERING do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of QUADCO ENGINEERING?
- QUADCO ENGINEERING is a private limited company (pre-2019) (BVBA).
- When was QUADCO ENGINEERING founded?
- QUADCO ENGINEERING was founded on 14-03-2017.
- Is QUADCO ENGINEERING still active?
- Yes, QUADCO ENGINEERING is an active enterprise in the KBO register.
- What is the turnover of QUADCO ENGINEERING?
- The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €21,196 and 30 comparable companies (NACE 71121). It probably lies between €66,000 and €180,000. It is a rough estimate.Financials
- Is QUADCO ENGINEERING profitable?
- In financial year 2025, QUADCO ENGINEERING made a profit of €12,055.
- Where can I find the annual accounts of QUADCO ENGINEERING?
- QUADCO ENGINEERING filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of QUADCO ENGINEERING due?
- QUADCO ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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