Qualigave
ActiveSummary
Qualigave has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,880 and a net result of €58,019. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▼-3
Solvency26▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
1.1%
Return on assets
22.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31942 sector peers (2025).
NBB · sector comparisonPosition among 31942 sector peers
Solvency
better than 10%
← weakest
strongest →
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 28-03-2026, 125 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
125 d early
2024
43 d early
2023
53 d early
2022
57 d early
2021
55 d early
2020
60 d early
2019
45 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 63 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 6 June (4 of the last 5 filed years within 30 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
Equity
€2,880▲ 54.8%
2024 · €1,860
Total assets
€258,456▲ 231%
2024 · €78,052
Net result
€58,019▼ 6.4%
2024 · €62,000
Working capital
-€51,940▼ 276%
2024 · -€13,808
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€31,186▼ 49.6%€1,528▼ 95.1%€31,241▲ 1,945%€85,437▲ 173%€81,632▼ 4.5%
Net result€22,461within the sector's middle half▼ 50.5%-€391below the sector's middle half€20,667within the sector's middle half€62,000within the sector's middle half▲ 200%€58,019within the sector's middle half▼ 6.4%
Equity€21,132below the sector's middle half▲ 0.3%€20,742below the sector's middle half▼ 1.8%€20,460below the sector's middle half▼ 1.4%€1,860below the sector's middle half▼ 90.9%€2,880below the sector's middle half▲ 54.8%
Total assets€79,902below the sector's middle half▼ 52.3%€37,738below the sector's middle half▼ 52.8%€65,722below the sector's middle half▲ 74.2%€78,052below the sector's middle half▲ 18.8%€258,456within the sector's middle half▲ 231%
Debt€58,769▼ 59.8%€16,997▼ 71.1%€45,262▲ 166%€76,192▲ 68.3%€255,576▲ 235%
Working capital€11,445within the sector's middle half▼ 41.3%€3,485within the sector's middle half▼ 69.5%€10,247within the sector's middle half▲ 194%-€13,808below the sector's middle half-€51,940below the sector's middle half▼ 276%
Solvency26.4%within the sector's middle half▲ 13.9pp55.0%within the sector's middle half▲ 28.5pp31.1%within the sector's middle half▼ 23.8pp2.4%below the sector's middle half▼ 28.7pp1.1%below the sector's middle half▼ 1.3pp
Current ratio1.26within the sector's middle half▲ 0.131.21within the sector's middle half▼ 0.061.23within the sector's middle half▲ 0.020.82below the sector's middle half▼ 0.410.64below the sector's middle half▼ 0.18
Return on assets (ROA)28.1%above the sector's middle half▲ 1.0pp-1.0%below the sector's middle half▼ 29.1pp31.4%above the sector's middle half▲ 32.5pp79.4%above the sector's middle half▲ 48.0pp22.4%within the sector's middle half▼ 57.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €258,456
Fixed assets
€164,856 ▲ 952%
Current assets
€93,600 ▲ 50.0%
Equity and liabilities €258,456
Equity
€2,880 ▲ 54.8%
Debt
€255,576 ▲ 235%
Debt's share of the balance-sheet total rises from 97.6% to 98.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€87,011▼
2024 · €87,352
Cash flow
€63,398▼
2024 · €63,916
Debt to equity
88.75▲
2024 · 40.96
Interest coverage
38.14▼
2024 · 298.51
Debt ≤ 1 year
€145,540▲
2024 · €76,192
Debt > 1 year
€110,036
Income taxes
€21,564▼
2024 · €23,169
A ratio outside any meaningful range has been withheld (balance sheet total €258,456, equity €2,880).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 2,153 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 | - | - | - | - | €13,700 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,454 | €7,931 | €7,061 | €1,916 | €5,379 | ▲ 181% |
| Other operating charges640/8 | €1,056 | €1,178 | €1,109 | €1,532 | €906 | ▼ 40.9% |
| Gross operating margin9900 | €34,696 | €10,636 | €39,411 | €88,885 | €87,917 | ▼ 1.1% |
| Operating profit (loss)9901 | €31,186 | €1,528 | €31,241 | €85,437 | €81,632 | ▼ 4.5% |
| Financial income75/76B | €0 | €1 | €5 | €25 | €233 | ▲ 833% |
| Recurring financial income75 | €0 | €1 | €5 | €25 | €233 | ▲ 833% |
| Financial charges65/66B | €369 | €510 | €172 | €293 | €2,282 | ▲ 680% |
| Recurring financial charges65 | €369 | €510 | €172 | €293 | €2,282 | ▲ 680% |
| Profit (loss) for the period before taxes9903 | €30,817 | €1,019 | €31,074 | €85,169 | €79,584 | ▼ 6.6% |
| Income taxes67/77 | €8,356 | €1,410 | €10,407 | €23,169 | €21,564 | ▼ 6.9% |
| Profit (loss) for the period9904 | €22,461 | -€391 | €20,667 | €62,000 | €58,019 | ▼ 6.4% |
| Profit (loss) for the period to be appropriated9905 | €22,461 | -€391 | €20,667 | €62,000 | €58,019 | ▼ 6.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,902 | €37,738 | €65,722 | €78,052 | €258,456 | ▲ 231% |
| Fixed assets21/28 | €25,188 | €17,257 | €10,213 | €15,668 | €164,856 | ▲ 952% |
| Intangible fixed assets21 | - | - | - | - | €122,549 | - |
| Tangible fixed assets22/27 | €25,188 | €17,257 | €10,196 | €15,651 | €42,289 | ▲ 170% |
| Land and buildings22 | - | - | - | €6,345 | €33,237 | ▲ 424% |
| Plant, machinery and equipment23 | €1,227 | €1,095 | €964 | €832 | €701 | ▼ 15.8% |
| Furniture and vehicles24 | €23,961 | €16,161 | €9,232 | €8,474 | €8,351 | ▼ 1.4% |
| Financial fixed assets28 | - | - | €17 | €17 | €17 | = |
| Current assets29/58 | €54,714 | €20,482 | €55,509 | €62,384 | €93,600 | ▲ 50.0% |
| Amounts receivable within one year40/41 | €18,457 | €13,934 | €22,199 | €32,763 | €42,149 | ▲ 28.6% |
| Trade receivables40 | €11,813 | €9,275 | €22,199 | €27,632 | €34,897 | ▲ 26.3% |
| Other amounts receivable41 | €6,644 | €4,659 | - | €5,130 | €7,252 | ▲ 41.3% |
| Cash at bank and in hand54/58 | €36,257 | €6,548 | €33,310 | €29,621 | €51,451 | ▲ 73.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,902 | €37,738 | €65,722 | €78,052 | €258,456 | ▲ 231% |
| Equity10/15 | €21,132 | €20,742 | €20,460 | €1,860 | €2,880 | ▲ 54.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €672 | €282 | - | €0 | €1,020 | ▲ 424,783% |
| Amounts payable17/49 | €58,769 | €16,997 | €45,262 | €76,192 | €255,576 | ▲ 235% |
| Amounts payable after more than one year17 | €15,500 | - | - | - | €110,036 | - |
| Financial debts170/4 | €15,500 | - | - | - | €110,036 | - |
| Amounts payable within one year42/48 | €43,269 | €16,997 | €45,262 | €76,192 | €145,540 | ▲ 91.0% |
| Current portion of amounts payable after more than one year42 | €4,600 | - | - | - | €22,894 | - |
| Trade debts44 | €319 | - | €62 | €84 | €7,216 | ▲ 8,536% |
| Suppliers440/4 | €319 | - | €62 | €84 | €7,216 | ▲ 8,536% |
| Advances received on contracts in progress46 | - | - | - | - | €14,614 | - |
| Taxes, remuneration and social security45 | €10,175 | €1,559 | €15,298 | €23,409 | €19,666 | ▼ 16.0% |
| Taxes450/3 | €10,175 | €1,559 | €15,298 | €23,409 | €19,666 | ▼ 16.0% |
| Other amounts payable47/48 | €28,176 | €15,438 | €29,902 | €52,700 | €81,150 | ▲ 54.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,461 | -€391 | €20,667 | €62,000 | €58,019 | ▼ 6.4% |
| + Depreciation and write-downs630 | €2,454 | €7,931 | €7,061 | €1,916 | €5,379 | ▲ 181% |
| Operating cash flow (approximation) | €24,914 | €7,540 | €27,728 | €63,916 | €63,398 | ▼ 0.8% |
| Investment in fixed assets (approximation) | - | €0 | -€17 | -€7,371 | -€154,566 | ▼ 1,997% |
| Change in cash | - | -€29,709 | €26,762 | -€3,689 | €21,830 | ▲ 692% |
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
28-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €62,000 ▲200%
Operating result €85,437, net result €62,000, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20,667
Net result €20,667 after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€391
Net result drops to -€391, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100,000Eq €102,691 ▲42.9%
2 profitable years in a row build equity to €102,691.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hamme (Vl.) · 2 establishment units since 2017
Ground area
1,002 m²
Building footprint
251 m²
Volume, LiDAR
1,723 m³
2 parcels, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
QUALIGAVE
since 20172.261.240.145
Prinses Clementinalaan 185, 9000 Gent
since 20252.378.996.462
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C0815/00X000 | Flanders | 861 m² | 1 · 140 m² | 5.6 m · 1 fl. |
| 44809I0652/00V002 | Flanders | 141 m² | 1 · 110 m² | 15.2 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 3 entries · 9,037 EUR awarded · 9,037 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 9,000 EUR |
| 2023 | 2 | 9,037 EUR | 37 EUR |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 10,919 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
Founded24-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0669941089
Also
9925:BE0669941089
Registered
21-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.