Quagaa
ActiveThe computed 12-month bankruptcy probability of Quagaa is 2.0% (moderate). The 2025 annual accounts show equity of €4k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 10345 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency51▲+51
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
27 d late
2024
26 d late
2023
26 d late
2022
31 d late
2021
33 d late
2020
122 d late
2019
116 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4k
2024 · €-4k
2018: €-3k
2019: €-6k
2020: €766
2021: €5k
2022: €5k
2023: €-5k
2024: €-4k
2018 → 2025
Total assets
€14k▲ 66.4%
2024 · €8k
2018: €4k
2019: €1k
2020: €9k
2021: €12k
2022: €7k
2023: €8k
2024: €8k
2018 → 2025
Net result
€8k▲ 933%
2024 · €738
2018: €-6k
2019: €-3k
2020: €7k
2021: €4k
2022: €31
2023: €-10k
2024: €738
2018 → 2025
Working capital
€214
2024 · €-6k
2018: €-6k
2019: €-6k
2020: €-2k
2021: €-2k
2022: €801
2023: €-6k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€5k▲ 0.6%€-5k€-4k▲ 15.5%€4k
Operating result€5k-€173▼ 96.5%€-8k€902€8k▲ 836%
Net result€4k-€31▼ 99.3%€-10k€738€8k▲ 933%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 836% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€4k▲ 69.7%
Current assets
€10k▲ 65.3%
Equity and liabilities €14k
Equity
€4k
Debt
€10k
Debt finances 73.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€10k▲
2024 · €3k
Cash flow
€9k▲
2024 · €3k
Solvency
26.4%▲
2024 · -48.8%
Current ratio
1.02▲
2024 · 0.50
Quick ratio
1.02▲
2024 · 0.50
Debt / equity
2.79▲
2024 · -3.05
ROE
211.0%
ROA
55.7%▲
2024 · 9.0%
Interest coverage
62.22▲
2024 · 17.12
Debt
€10k▼
2024 · €12k
Debt ≤ 1 year
€10k▼
2024 · €12k
Income taxes
€653
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8k€14k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Furniture and vehicles24€2k€4k▲
Current assets29/58€6k€10k▲
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€6k-
Other amounts receivable41-€2k
Cash at bank and in hand54/58€50€6k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€8k€14k▲
Equity10/15€-4k€4k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€-23k€-15k▲
Amounts payable17/49€12k€10k▼
Amounts payable within one year42/48€12k€10k▼
Trade debts44€1k€802▼
Suppliers440/4€1k€802▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€10k€7k▼
Accrued charges and deferred income492/3-€280
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€387-
Gross operating margin9900€3k€10k▲
Operating profit (loss)9901€902€8k▲
Financial charges65/66B€164€165▲
Recurring financial charges65€164€165▲
Profit (loss) for the period before taxes9903€738€8k▲
Income taxes67/77-€653
Profit (loss) for the period9904€738€8k▲
Profit (loss) for the period to be appropriated9905€738€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-15k▲
Profit (loss) brought forward from the previous period14P€-23k€-23k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €8k ▲933%
Operating result €8k, net result €8k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.02
Current ratio from 0.50 to 1.02; short-term debt falls from €12k to €10k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €738
Net result €738 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-10k ▼31389%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 2.56
Current ratio from 0.72 to 2.56; short-term debt falls from €5k to €514.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 140 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Schaarbeek · 2 establishment units since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Auguste Sniedersstraat 461030 SchaarbeekGround area
438 m²
Building footprint
335 m²
Volume, LiDAR
2,917 m³
2 parcels, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Auguste Sniedersstraat 46, 1030 Schaarbeek
since 20162.302.635.983
Marnestraat 22, 1030 Schaarbeek
since 20192.302.636.082
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21909E0218/00D019 | Brussels | 305 m² | 1 · 261 m² | 14.5 m · 2 fl. |
| 21015A0119/00G002 | Brussels | 133 m² | 1 · 74 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0771.754.665
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FRONIX
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Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 868 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2016
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.