Equity
-€1,654
Debts exceed assets in financial year 2025.
QUADRAAT SERVICES
Lifetime
13 annual accounts with figures on one time axispeak €39,911 (2016)
€1,784▼ 85.5%
lowest -€25,993 (2022)
-€3,019▼ €4,517
peak €8,653 (2021)
-€1,654▼ €3,019
€34,838▲ 56.4%
peak 1 FTE (2015)
-not published
Board2 names since 2020
1 directorTom Beirnaert
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €12,316 to €1,784Loss of €3,019Equity from €1,365 to -€1,654Debts from €22,268 to €34,838Cash from €53 to €19
Key points
from the 2025 annual accountsTurnover
≈ €7,000 estimated
The accounts state no turnover.
Debts
€34,838 105% of the balance sheet
Suppliers 18%Taxes and wages 13%Other 69%
Investments
€5,064 6.1 × depreciation
Green is investment, beige is depreciation.
Filings
13 annual accounts since 2013
Three of the last ten came late. The 2018 accounts came latest: 313 days after the end of the period.
Position in the sector
-5.0%
Lower solvency than 91% of companies in head offices and management consultancy. Sector median 52.4% · 10,858 companies.
Checked score
52
Fair
Financially stronger than 5% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.6%▼ -0.1 percentage points vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.3 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.2%▼ -0.4 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026lowest value
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: 0.2%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.5 percentage points vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.83, cash €19, halved
Loss of €3,019 (financial year 2025)
Negative equity -€1,654
lowers risk
Size: total assets €33,184
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 70, micro). It does better than 8% of them on solvency, 1% on liquidity, 10% on profitability and 1% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 2,333 companies had the same profile as QUADRAAT SERVICES has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of QUADRAAT SERVICES itself: 0.7% 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 2,333 companies, not a prediction for QUADRAAT SERVICES. 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 insufficient, with a current ratio of 0.83 (1.06 in 2024), below 1. Short-term debt is 105% and cash 0.1% of total assets. 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1,654
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
27 days early
2023
13 days early
2022
5 days early
2021
30 days early
2020
16 days early
2019
14 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 19 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0848295484
Registered office moved from Wichelen to Lokeren
New registered office: H.-Geestmolenstraat 175, 9160 Lokeren · Previous registered office: Galgenberg 14 te 9260 Wichelen · Gazette deed
Registered office moved from Elversele to Wichelen
New registered office: Galgenberg 14 te 9260 Wichelen · Previous registered office: Dorpstraat 25H, 9140 Elversele · Board meeting of 25-05-2021 · Gazette deed
Registered office moved from Lochristi to Elversele
New registered office: Dorpstraat 25 bus H, 9140 Elversele · Previous registered office: Toleindestraat 7 bus 0202, 9080 Lochristi · Resignation: Kathy De Groote (manager) · General meeting of 06-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QUADRAAT SERVICES Lokeren | €33,184 | €1,784 | -5.0% | - |
| MJR CONSULTANCY Meise | €33,052 | €1,754 | 76.1% | - |
| SYMABO Rochefort | €29,699 | €1,547 | 10.1% | - |
| P.DROOGERS COACHING ACTIVITIES Ghent | €29,768 | €2,417 | 25.4% | - |
| ENERGY TO ZERO CONSULT Ghent | €32,967 | €2,367 | 94.8% | - |
| JODAN Beveren-Kruibeke-Zwijndrecht | €23,502 | €1,584 | 94.5% | - |
| AD USUM Haaltert | €28,675 | €1,286 | 83.8% | - |
These companies have the same main activity as QUADRAAT SERVICES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €23,500 and €33,100, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 27-08-2012Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.304.469.5809160 Lokeren, since 27-08-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2024
Annual accounts 2025
- €33,184▲ 40.4%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on QUADRAAT SERVICES
QUADRAAT SERVICES files the abbreviated format. That format states no turnover. The gross margin fell from €9,239 in 2013 to €1,784 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 QUADRAAT SERVICES
- What is the company number of QUADRAAT SERVICES?
- The company number of QUADRAAT SERVICES is 0848.295.484. The VAT number is the same number with BE in front: BE 0848.295.484.
- Where is QUADRAAT SERVICES based?
- The registered office is at H.-Geestmolenstraat 175, 9160 Lokeren.Company details
- What does QUADRAAT SERVICES do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of QUADRAAT SERVICES?
- QUADRAAT SERVICES is a private limited company (pre-2019) (BVBA).
- When was QUADRAAT SERVICES founded?
- QUADRAAT SERVICES was founded on 27-08-2012.
- Is QUADRAAT SERVICES still active?
- Yes, QUADRAAT SERVICES is an active enterprise in the KBO register.
- What is the turnover of QUADRAAT SERVICES?
- The turnover in financial year 2025 is ≈ €7,000. This figure is estimated from the gross margin of €1,784 and 140 comparable companies (NACE 70200). It probably lies between €3,100 and €18,000. It is a rough estimate.Financials
- Is QUADRAAT SERVICES profitable?
- In financial year 2025, QUADRAAT SERVICES made a loss of €3,019.
- Where can I find the annual accounts of QUADRAAT SERVICES?
- QUADRAAT SERVICES filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of QUADRAAT SERVICES due?
- QUADRAAT SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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