QUADRIS
ActiveSummary
QUADRIS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €290k and a net result of €22k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+12
Solvency100▲+20
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 4.94 against 2.04 in 2023; short-term debt: 17.7% and cash: 0.4% of total assets), and 17.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
14 d early
2022
30 d late
2021
208 d late
2020
30 d late
2019
354 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22k
2023 · €-20k
2018: €3k
2019: €50k▲ +1817% vs 2018
2020: €-45k▼ -191% vs 2019lowest in 7 years
2021: €131k▲ +390% vs 2020highest in 7 years
2022: €56k▼ -57.3% vs 2021
2023: €-20k▼ -135% vs 2022
2024: €22k▲ +210% vs 2023
2018 → 2024
Working capital
€245k▲ 6.2%
2023 · €231k
2018: €86klowest in 7 years
2019: €187k▲ +118% vs 2018
2020: €101k▼ -46.0% vs 2019
2021: €232k▲ +129% vs 2020
2022: €269k▲ +16.0% vs 2021highest in 7 years
2023: €231k▼ -14.1% vs 2022
2024: €245k▲ +6.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€101k-€232k▲ 130%€288k▲ 24.1%€269k▼ 6.8%€290k▲ 8.1%
2020: €101klowest in 5 years
2021: €232k▲ +130% vs 2020
2022: €288k▲ +24.1% vs 2021
2023: €269k▼ -6.8% vs 2022
2024: €290k▲ +8.1% vs 2023highest in 5 years
Operating result€-42k-€165k€79k▼ 51.7%€9k▼ 88.2%€34k▲ 262%
2020: €-42klowest in 5 years
2021: €165k▲ +487% vs 2020highest in 5 years
2022: €79k▼ -51.7% vs 2021
2023: €9k▼ -88.2% vs 2022
2024: €34k▲ +262% vs 2023
Net result€-45k-€131k€56k▼ 57.3%€-20k€22k
2020: €-45klowest in 5 years
2021: €131k▲ +390% vs 2020highest in 5 years
2022: €56k▼ -57.3% vs 2021
2023: €-20k▼ -135% vs 2022
2024: €22k▲ +210% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 262% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €352k
Fixed assets
€45k ▲ 17.3%
Current assets
€308k ▼ 32.1%
Equity and liabilities €352k
Equity
€290k ▲ 8.1%
Debt
€62k ▼ 72.1%
Debt's share of the balance-sheet total falls from 45.3% to 17.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2023 · €17k
Cash flow
€33k▲
2023 · €-12k
Current ratio
4.94▲
2023 · 2.04
Debt to equity
0.21▼
2023 · 0.83
ROE
7.5%▲
2023 · -7.3%
ROA
6.1%▲
2023 · -4.0%
Interest coverage
54.65▲
2023 · 29.32
Debt ≤ 1 year
€62k▼
2023 · €222k
Income taxes
€12k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€491k€352k▼
Fixed assets21/28€38k€45k▲
Tangible fixed assets22/27€38k€45k▲
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€764€559▼
Furniture and vehicles24€33k€38k▲
Other tangible fixed assets26€1k€4k▲
Current assets29/58€453k€308k▼
Amounts receivable within one year40/41€440k€304k▼
Trade receivables40€440k€304k▼
Cash at bank and in hand54/58€12k€1k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€491k€352k▼
Equity10/15€269k€290k▲
Contributions10/11€19k€19k=
Reserves13€78k€99k▲
Non-distributable reserves130/1€63k€84k▲
Reserves not available under the articles1311€61k€82k▲
Other1319€2k€2k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€172k€172k=
Amounts payable17/49€223k€62k▼
Amounts payable within one year42/48€222k€62k▼
Trade debts44€26k€62k▲
Suppliers440/4€26k€62k▲
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Other amounts payable47/48€190k-
Accrued charges and deferred income492/3€599-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€11k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A-€139
Gross operating margin9900€19k€47k▲
Operating profit (loss)9901€9k€34k▲
Financial income75/76B€95€20▼
Recurring financial income75€95€20▼
Financial charges65/66B€589€834▲
Recurring financial charges65€589€834▲
Profit (loss) for the period before taxes9903€9k€33k▲
Income taxes67/77€29k€12k▼
Profit (loss) for the period9904€-20k€22k▲
Profit (loss) for the period to be appropriated9905€-20k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€172k€194k▲
Profit (loss) brought forward from the previous period14P€192k€172k▼
Transfer to equity691/2-€22k
To other reserves6921-€22k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €23 | €22 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €1 | €691 | €8k | €11k | ▲ 46.3% |
| Other operating charges640/8 | - | €1k | €944 | €1k | €1k | ▼ 22.1% |
| Non-recurring operating charges66A | - | - | €2k | - | €139 | - |
| Gross operating margin9900 | €-36k | €166k | €83k | €19k | €47k | ▲ 150% |
| Operating profit (loss)9901 | €-42k | €165k | €79k | €9k | €34k | ▲ 262% |
| Financial income75/76B | - | €13 | €36 | €95 | €20 | ▼ 78.9% |
| Recurring financial income75 | €3k | €13 | €36 | €95 | €20 | ▼ 78.9% |
| Financial charges65/66B | - | €219 | €252 | €589 | €834 | ▲ 41.6% |
| Recurring financial charges65 | €6k | €219 | €252 | €589 | €834 | ▲ 41.6% |
| Profit (loss) for the period before taxes9903 | €-45k | €164k | €79k | €9k | €33k | ▲ 273% |
| Income taxes67/77 | €236 | €33k | €23k | €29k | €12k | ▼ 59.3% |
| Profit (loss) for the period9904 | €-45k | €131k | €56k | €-20k | €22k | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | €-45k | €131k | €56k | €-20k | €22k | ▲ 210% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €437k | €638k | €703k | €491k | €352k | ▼ 28.3% |
| Fixed assets21/28 | - | €449 | €19k | €38k | €45k | ▲ 17.3% |
| Tangible fixed assets22/27 | - | €449 | €19k | €38k | €45k | ▲ 17.3% |
| Land and buildings22 | - | - | €3k | €3k | €3k | ▼ 12.0% |
| Plant, machinery and equipment23 | - | - | €969 | €764 | €559 | ▼ 26.8% |
| Furniture and vehicles24 | - | €449 | €15k | €33k | €38k | ▲ 13.3% |
| Other tangible fixed assets26 | - | - | - | €1k | €4k | ▲ 208% |
| Current assets29/58 | €437k | €638k | €683k | €453k | €308k | ▼ 32.1% |
| Amounts receivable within one year40/41 | €431k | €633k | €660k | €440k | €304k | ▼ 30.8% |
| Trade receivables40 | - | €633k | €660k | €440k | €304k | ▼ 30.8% |
| Cash at bank and in hand54/58 | €4k | €3k | €22k | €12k | €1k | ▼ 88.1% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €1k | €2k | ▲ 55.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €437k | €638k | €703k | €491k | €352k | ▼ 28.3% |
| Equity10/15 | €101k | €232k | €288k | €269k | €290k | ▲ 8.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €78k | €78k | €78k | €78k | €99k | ▲ 27.8% |
| Non-distributable reserves130/1 | - | €63k | €63k | €63k | €84k | ▲ 34.6% |
| Reserves not available under the articles1311 | - | €61k | €61k | €61k | €82k | ▲ 35.7% |
| Own shares acquired1312 | - | €2k | - | - | - | - |
| Other1319 | - | - | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €5k | €136k | €192k | €172k | €172k | = |
| Amounts payable17/49 | €336k | €406k | €415k | €223k | €62k | ▼ 72.1% |
| Amounts payable within one year42/48 | €336k | €406k | €415k | €222k | €62k | ▼ 72.0% |
| Trade debts44 | €202k | €242k | €252k | €26k | €62k | ▲ 140% |
| Suppliers440/4 | - | €242k | €252k | €26k | €62k | ▲ 140% |
| Taxes, remuneration and social security45 | - | €59k | €55k | €6k | - | - |
| Taxes450/3 | - | €59k | €55k | €6k | - | - |
| Other amounts payable47/48 | - | €105k | €108k | €190k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €599 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-45k | €131k | €56k | €-20k | €22k | ▲ 210% |
| + Depreciation and write-downs630 | €5k | €1 | €691 | €8k | €11k | ▲ 46.3% |
| Operating cash flow (approximation) | €-40k | €131k | €57k | €-12k | €33k | ▲ 381% |
| Investment in fixed assets (approximation) | - | - | €-20k | €-27k | €-18k | ▲ 32.1% |
| Change in cash | - | €-813 | €19k | €-10k | €-11k | ▼ 13.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 4.94
Current ratio from 2.04 to 4.94; short-term debt falls from €222k to €62k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 208 days late
2021
31-12
Financial
Back to profitnet €131k
Net result €131k after one loss-making year.
31-12
Financial
Equity above €200kEq €232k ▲130%
Equity rises from €101k to €232k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 354 days late
2020
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Equity above €100kEq €146k ▲51.8%
2 profitable years in a row build equity to €146k.
Show earlier events
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 71 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 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.
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Directors · office · real estate
Directors
3 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, Soumagne · 1 establishment unit since 2003
Ground area
742 m²
Building footprint
103 m²
Volume, LiDAR
653 m³
Parcel 62099C0016/00C002, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QUADRIS SPRL
since 20032.134.416.506
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62099C0016/00C002 | Wallonia | 741 m² | 1 · 103 m² | 8.2 m · 2 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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Of 3,959 companies in sector 43331 we hold annual accounts for 1,787. 1,283 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.