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QUADRILLE

Active
Private limited companyfounded 199729 yrs activeRue de Liège 28, 4800 Verviers, BelgiumKBO/BCE: BE 0460.169.285
Summary

The computed 12-month bankruptcy probability of QUADRILLE is 1.5% (moderate). The 2024 annual accounts show negative equity (-€4,312) and a net result of -€4,356. Equity is shrinking by ~46.4% per year across the filed fiscal years. The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Activity not known
How big
€172,966total assets 2024
Equity
-€4,312
Loss
-€4,356
Turnover not published (abridged schema)
Financially healthy?
28 Weak Checked score 2024
Bankruptcy chance 12 m
1.5%
Who decides
Accounts 43 d early0 of 3 deeds read
Why 28- No NACE activity registered- Annual accounts: weaker financial profile- Higher-failure-rate region+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability16▲+6
Solvency23▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.07 in 2023; short-term debt: 87% and cash: 4.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-2.5%
Age of the figures
21 mo
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
highest failure risk from 2 to 8 years 29 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
39 d early
2023
35 d early
2022
29 d early
2021
56 d early
2020
32 d early
2019
6 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2024Total assets €172,966Loss -€4,356Solvency -2.5%Liquidity 0.06
Total assets
€172,966▼ 5.9%
2018 - 2024
Net result
-€4,356▲ 66.1%
2018 - 2024
Equity
-€4,312
2018 - 2024
Solvency
-2.5%▼ 2.5pp
2018 - 2024

Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Trend over the years7 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€13,259▲ 5.8%-€14,774▼ 11.4%-€10,466▲ 29.2%-€17,633▼ 68.5%-€9,152▲ 48.1%
Net result-€8,453▲ 9.4%-€9,969▼ 17.9%-€5,665▲ 43.2%-€12,832▼ 127%-€4,356▲ 66.1%
Equity€28,511▼ 22.9%€18,541▼ 35.0%€12,876▼ 30.6%€43▼ 99.7%-€4,312
Total assets€225,240▼ 5.6%€210,398▼ 6.6%€199,860▼ 5.0%€183,833▼ 8.0%€172,966▼ 5.9%
Debt€150,412=€150,412=€150,412=€152,089▲ 1.1%€150,451▼ 1.1%
Working capital-€142,893▲ 0.9%-€143,041▼ 0.1%-€138,886▲ 2.9%-€141,897▼ 2.2%-€142,009▼ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2020: -€13,259-€13,259Net result 2020: -€8,453-€8,453Operating result 2021: -€14,774-€14,774Net result 2021: -€9,969-€9,969Operating result 2022: -€10,466-€10,466Net result 2022: -€5,665-€5,665Operating result 2023: -€17,633-€17,633Net result 2023: -€12,832-€12,832Operating result 2024: -€9,152-€9,152Net result 2024: -€4,356-€4,35620202021202220232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€10,466-€10,500Net result 2022: -€5,665-€5,670Operating result 2023: -€17,633-€17,600Net result 2023: -€12,832-€12,800Operating result 2024: -€9,152-€9,150Net result 2024: -€4,356-€4,360202220232024
The operating result stays negative: a loss of €9,152 in 2024 against €17,633 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172,966
Fixed assets €164,525 ▼ 5.3%
Current assets €8,442 ▼ 17.2%
Equity and liabilities
Equity-€4,312
Debt€150,451
Equity is negative: debt (€150,451) exceeds the balance-sheet total (€172,966).
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
-€35▲
2023 · -€2,940
Cash flow
€4,761▲
2023 · €1,861
Solvency
-2.5%▼
2023 · 0.0%
Current ratio
0.06▼
2023 · 0.07
ROA
-2.5%▲
2023 · -7.0%
Interest coverage
-0.46▲
2023 · -40.83
Debt ≤ 1 year
€150,451▼
2023 · €152,089
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€183,833€172,966▼
Formation expenses20€0€0=
Fixed assets21/28€173,641€164,525▼
Tangible fixed assets22/27€173,641€164,525▼
Land and buildings22€173,641€164,525▼
Furniture and vehicles24€0€0=
Current assets29/58€10,192€8,442▼
Cash at bank and in hand54/58€10,192€8,442▼
Equity and liabilities
Total equity and liabilities10/49€183,833€172,966▼
Equity10/15€43-€4,312▼
Contributions10/11€24,789€24,789=
Reserves13€61,564€52,102▼
Tax-exempt reserves132€61,564€52,102▼
Profit (loss) carried forward14-€86,310-€81,204▲
Provisions and deferred taxes16€31,701€26,828▼
Deferred taxes168€31,701€26,828▼
Amounts payable17/49€152,089€150,451▼
Amounts payable within one year42/48€152,089€150,451▼
Trade debts44€1,677€39▼
Suppliers440/4€1,677€39▼
Other amounts payable47/48€150,412€150,412=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,693€9,116▼
Other operating charges640/8€2,601€2,718▲
Gross operating margin9900-€339€2,683▲
Operating profit (loss)9901-€17,633-€9,152▲
Financial charges65/66B€72€77▲
Recurring financial charges65€72€77▲
Profit (loss) for the period before taxes9903-€17,705-€9,228▲
Transfer from deferred taxes780€4,872€4,872=
Profit (loss) for the period9904-€12,832-€4,356▲
Transfer from tax-exempt reserves789€9,462€9,462=
Profit (loss) for the period to be appropriated9905-€3,370€5,106▲
Appropriation of the result
Profit (loss) to be appropriated9906-€86,310-€81,204▲
Profit (loss) brought forward from the previous period14P-€82,940-€86,310▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61--€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,693€14,693€14,693€14,693€9,116▼ 38.0%
Other operating charges640/8-€2,327€2,380€2,601€2,718▲ 4.5%
Gross operating margin9900€3,741€2,245€6,608-€339€2,683▲ 892%
Operating profit (loss)9901-€13,259-€14,774-€10,466-€17,633-€9,152▲ 48.1%
Financial charges65/66B-€67€72€72€77▲ 6.3%
Recurring financial charges65€67€67€72€72€77▲ 6.3%
Profit (loss) for the period before taxes9903-€13,325-€14,842-€10,538-€17,705-€9,228▲ 47.9%
Transfer from deferred taxes780-€4,872€4,872€4,872€4,872=
Profit (loss) for the period9904-€8,453-€9,969-€5,665-€12,832-€4,356▲ 66.1%
Transfer from tax-exempt reserves789-€9,462€9,462€9,462€9,462=
Profit (loss) for the period to be appropriated9905€1,009-€507€3,797-€3,370€5,106▲ 252%
Line20202021202220232024Change
Assets
Total assets20/58€225,240€210,398€199,860€183,833€172,966▼ 5.9%
Formation expenses20-€0€0€0€0-
Fixed assets21/28€217,721€203,028€188,334€173,641€164,525▼ 5.3%
Tangible fixed assets22/27€217,721€203,028€188,334€173,641€164,525▼ 5.3%
Land and buildings22-€203,028€188,334€173,641€164,525▼ 5.3%
Furniture and vehicles24-€0€0€0€0-
Current assets29/58€7,519€7,370€11,526€10,192€8,442▼ 17.2%
Cash at bank and in hand54/58€7,519€7,370€11,526€10,192€8,442▼ 17.2%
Equity and liabilities
Total equity and liabilities10/49€225,240€210,398€199,860€183,833€172,966▼ 5.9%
Equity10/15€28,511€18,541€12,876€43-€4,312▼ 10,064%
Contributions10/11-€24,789€24,789€24,789€24,789=
Reserves13€89,950€80,488€71,026€61,564€52,102▼ 15.4%
Tax-exempt reserves132-€80,488€71,026€61,564€52,102▼ 15.4%
Profit (loss) carried forward14-€86,229-€86,737-€82,940-€86,310-€81,204▲ 5.9%
Provisions and deferred taxes16€46,317€41,445€36,573€31,701€26,828▼ 15.4%
Deferred taxes168-€41,445€36,573€31,701€26,828▼ 15.4%
Amounts payable17/49€150,412€150,412€150,412€152,089€150,451▼ 1.1%
Amounts payable within one year42/48€150,412€150,412€150,412€152,089€150,451▼ 1.1%
Trade debts44-€0€0€1,677€39▼ 97.7%
Suppliers440/4-€0€0€1,677€39▼ 97.7%
Other amounts payable47/48-€150,412€150,412€150,412€150,412=
Line20202021202220232024Change
Profit (loss) for the period9904-€8,453-€9,969-€5,665-€12,832-€4,356▲ 66.1%
+ Depreciation and write-downs630€14,693€14,693€14,693€14,693€9,116▼ 38.0%
Operating cash flow (approximation)€6,240€4,724€9,028€1,861€4,761▲ 156%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€148€4,156-€1,334-€1,750▼ 31.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

11 eventsLatest 18-06-2026Next filing 31-07-2027

History

QUADRILLE was incorporated on 5 March 1997.1 Total assets fell from €252,769 in 2018 to €172,966 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€12,832
Net result drops to -€12,832, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 05-03-1997Year ends 31-12Peppol not found

Register details

Identification
Legal formPrivate limited company
Founded05-03-1997
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Verviers
exact location from the address register On OpenStreetMap
Ground area
227 m²
Building footprint
77 m²
Volume, LiDAR
1,229 m³
Parcel 63079D0377/00X004, Wallonia · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63079D0377/00X004 Wallonia 227 m² 1 · 77 m² 17.5 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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