Qualiflight
ActiveSummary
Qualiflight has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,798 and a net result of €13,658. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 28% of 976 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-28
Solvency43▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.57 in 2024; short-term debt: 70.2% and cash: 24.4% of total assets), and 82% of the assets are financed with debt.
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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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18%
Return on assets
3.6%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
39 d late
2023
15 d early
2022
12 d early
2021
78 d late
2020
26 d late
2019
10 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed 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 19 July (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#10 oldest company in Wevelgem, Transport and storage sector
Equity
€67,798▲ 25.2%
2024 · €54,140
Total assets
€377,173▲ 21.5%
2024 · €310,474
Net result
€13,658▼ 16.3%
2024 · €16,323
Working capital
-€120,967▼ 9.4%
2024 · -€110,562
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,943▲ 244%€7,772▲ 30.8%€2,316▼ 70.2%€26,627▲ 1,050%€17,174▼ 35.5%
Net result€618within the sector's middle half▼ 34.3%€1,693within the sector's middle half▲ 174%-€2,079below the sector's middle half€16,323within the sector's middle half€13,658within the sector's middle half▼ 16.3%
Equity€38,203within the sector's middle half▲ 1.6%€39,896within the sector's middle half▲ 4.4%€37,818within the sector's middle half▼ 5.2%€54,140within the sector's middle half▲ 43.2%€67,798within the sector's middle half▲ 25.2%
Total assets€273,210within the sector's middle half▼ 3.2%€241,616within the sector's middle half▼ 11.6%€215,378within the sector's middle half▼ 10.9%€310,474within the sector's middle half▲ 44.2%€377,173within the sector's middle half▲ 21.5%
Debt€235,007▼ 3.9%€201,720▼ 14.2%€177,560▼ 12.0%€256,334▲ 44.4%€309,375▲ 20.7%
Working capital-€132,925below the sector's middle half▲ 6.1%-€121,868below the sector's middle half▲ 8.3%-€116,119below the sector's middle half▲ 4.7%-€110,562below the sector's middle half▲ 4.8%-€120,967below the sector's middle half▼ 9.4%
Solvency14.0%within the sector's middle half▲ 0.7pp16.5%within the sector's middle half▲ 2.5pp17.6%within the sector's middle half▲ 1.0pp17.4%within the sector's middle half▼ 0.1pp18.0%within the sector's middle half▲ 0.5pp
Current ratio0.42below the sector's middle half▲ 0.030.39below the sector's middle half▼ 0.030.35below the sector's middle half▼ 0.040.57below the sector's middle half▲ 0.220.54below the sector's middle half▼ 0.03
Return on assets (ROA)0.2%within the sector's middle half▼ 0.1pp0.7%within the sector's middle half▲ 0.5pp-1.0%below the sector's middle half▼ 1.7pp5.3%within the sector's middle half▲ 6.2pp3.6%within the sector's middle half▼ 1.6pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377,173
Fixed assets
€233,266 ▲ 41.6%
Current assets
€143,907 ▼ 1.3%
Equity and liabilities €377,173
Equity
€67,798 ▲ 25.2%
Debt
€309,375 ▲ 20.7%
Debt's share of the balance-sheet total falls from 82.6% to 82.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22,959▼
2024 · €30,612
Cash flow
€19,443▼
2024 · €20,307
Quick ratio
0.53▲
2024 · 0.31
Debt to equity
4.56▼
2024 · 4.73
ROE
20.1%▼
2024 · 30.1%
Interest coverage
-582.13▼
2024 · 11.09
Debt ≤ 1 year
€264,874▲
2024 · €256,334
Debt > 1 year
€44,501
Income taxes
€4,413▼
2024 · €7,924
Staff costs
€0▼
2024 · €477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 3,984 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €14,500 | - |
| Remuneration, social security and pensions62 | - | - | - | €477 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,651 | €13,646 | €13,966 | €3,985 | €5,785 | ▲ 45.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,080 | - |
| Other operating charges640/8 | €9,714 | €13,154 | €10,122 | €10,662 | €10,833 | ▲ 1.6% |
| Gross operating margin9900 | €29,307 | €34,572 | €26,404 | €41,751 | €37,873 | ▼ 9.3% |
| Operating profit (loss)9901 | €5,943 | €7,772 | €2,316 | €26,627 | €17,174 | ▼ 35.5% |
| Financial income75/76B | €66 | €113 | €1 | €379 | €857 | ▲ 126% |
| Recurring financial income75 | €66 | €113 | €1 | €379 | €857 | ▲ 126% |
| Financial charges65/66B | €3,328 | €3,409 | €2,497 | €2,760 | -€39 | ▼ 101% |
| Recurring financial charges65 | €3,328 | €3,409 | €2,497 | €2,760 | -€39 | ▼ 101% |
| Profit (loss) for the period before taxes9903 | €2,681 | €4,476 | -€180 | €24,247 | €18,071 | ▼ 25.5% |
| Income taxes67/77 | €2,063 | €2,783 | €1,899 | €7,924 | €4,413 | ▼ 44.3% |
| Profit (loss) for the period9904 | €618 | €1,693 | -€2,079 | €16,323 | €13,658 | ▼ 16.3% |
| Profit (loss) for the period to be appropriated9905 | €618 | €1,693 | -€2,079 | €16,323 | €13,658 | ▼ 16.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273,210 | €241,616 | €215,378 | €310,474 | €377,173 | ▲ 21.5% |
| Fixed assets21/28 | €178,300 | €164,655 | €153,937 | €164,702 | €233,266 | ▲ 41.6% |
| Tangible fixed assets22/27 | €178,300 | €164,655 | €153,937 | €164,702 | €233,266 | ▲ 41.6% |
| Land and buildings22 | €154,361 | €152,784 | €151,256 | €149,727 | €148,199 | ▼ 1.0% |
| Plant, machinery and equipment23 | €198 | €0 | - | €13,376 | €15,450 | ▲ 15.5% |
| Furniture and vehicles24 | €23,742 | €11,871 | €2,681 | €1,599 | €69,617 | ▲ 4,255% |
| Current assets29/58 | €94,910 | €76,961 | €61,441 | €145,772 | €143,907 | ▼ 1.3% |
| Stocks and contracts in progress3 | €10,150 | €14,432 | €10,245 | €66,031 | €4,684 | ▼ 92.9% |
| Stocks30/36 | €6,150 | €4,682 | €3,745 | €66,031 | €4,684 | ▼ 92.9% |
| Contracts in progress37 | €4,000 | €9,750 | €6,500 | €0 | - | - |
| Amounts receivable within one year40/41 | €36,765 | €15,621 | €21,312 | €30,601 | €44,053 | ▲ 44.0% |
| Trade receivables40 | €31,939 | €10,323 | €19,187 | €30,214 | €36,365 | ▲ 20.4% |
| Other amounts receivable41 | €4,826 | €5,298 | €2,125 | €386 | €7,688 | ▲ 1,891% |
| Cash at bank and in hand54/58 | €47,095 | €46,909 | €29,884 | €49,141 | €91,945 | ▲ 87.1% |
| Deferred charges and accrued income490/1 | €900 | €0 | - | - | €3,225 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273,210 | €241,616 | €215,378 | €310,474 | €377,173 | ▲ 21.5% |
| Equity10/15 | €38,203 | €39,896 | €37,818 | €54,140 | €67,798 | ▲ 25.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €19,611 | €21,304 | €21,304 | €35,548 | €49,206 | ▲ 38.4% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €17,752 | €19,445 | €19,445 | €33,689 | €47,347 | ▲ 40.5% |
| Profit (loss) carried forward14 | - | - | -€2,079 | €0 | - | - |
| Amounts payable17/49 | €235,007 | €201,720 | €177,560 | €256,334 | €309,375 | ▲ 20.7% |
| Amounts payable after more than one year17 | €7,172 | €2,890 | €0 | - | €44,501 | - |
| Financial debts170/4 | €7,172 | €2,890 | €0 | - | €44,501 | - |
| Amounts payable within one year42/48 | €227,835 | €198,830 | €177,560 | €256,334 | €264,874 | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | €169,083 | €167,728 | €142,890 | €140,000 | €14,326 | ▼ 89.8% |
| Financial debts43 | €0 | - | - | €3,852 | €7,734 | ▲ 101% |
| Credit institutions430/8 | €0 | - | - | €3,852 | €7,734 | ▲ 101% |
| Trade debts44 | €34,435 | €8,926 | €4,936 | €73,506 | €501 | ▼ 99.3% |
| Suppliers440/4 | €34,435 | €8,926 | €4,936 | €73,506 | €501 | ▼ 99.3% |
| Advances received on contracts in progress46 | - | - | - | - | €57,000 | - |
| Taxes, remuneration and social security45 | €8,044 | €7,846 | €13,493 | €16,134 | €11,245 | ▼ 30.3% |
| Taxes450/3 | €8,044 | €5,846 | €11,293 | €16,134 | €11,245 | ▼ 30.3% |
| Remuneration and social security454/9 | - | €2,000 | €2,200 | €0 | - | - |
| Other amounts payable47/48 | €16,273 | €14,330 | €16,242 | €22,842 | €174,068 | ▲ 662% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €618 | €1,693 | -€2,079 | €16,323 | €13,658 | ▼ 16.3% |
| + Depreciation and write-downs630 | €13,651 | €13,646 | €13,966 | €3,985 | €5,785 | ▲ 45.2% |
| Operating cash flow (approximation) | €14,268 | €15,339 | €11,887 | €20,307 | €19,443 | ▼ 4.3% |
| Investment in fixed assets (approximation) | - | €0 | -€3,247 | -€14,750 | -€74,349 | ▼ 404% |
| Change in cash | - | -€187 | -€17,025 | €19,257 | €42,804 | ▲ 122% |
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
31-12
Financial
Back to profitnet €16,323
Net result €16,323 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€2,079
Net result drops to -€2,079, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
21-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1992
Ground area
4,747 m²
Building footprint
1,758 m²
Volume, LiDAR
9,661 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
QUALIFLIGHT BVBA
since 19922.056.272.118
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0875/00X010 | Flanders | 4,660 m² | 1 · 1,671 m² | 8.4 m · 2 fl. |
| 34029A0078/00K000 | Flanders | 87 m² | 1 · 87 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 527 companies in sector 52230 we hold annual accounts for 278. 202 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 (pre-2019)
Founded23-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
52230Warehousing and support activities for transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446447844
Also
9925:BE0446447844
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.