QUALINCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €167k and a net result of €38k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 7980 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-10-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
36 d early
2023
5 d early
2022
25 d early
2021
51 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€167k▼ 14.8%
2024 · €196k
2019: €68k
2020: €83k
2021: €93k
2022: €108k
2023: €150k
2024: €196k
2019 → 2025
Net result
€38k▼ 18.3%
2024 · €46k
2019: €10k
2020: €16k
2021: €10k
2022: €15k
2023: €42k
2024: €46k
2019 → 2025
Total assets
€171k▼ 19.0%
2024 · €212k
2019: €73k
2020: €102k
2021: €106k
2022: €122k
2023: €175k
2024: €212k
2019 → 2025
Solvency
97.3%▲ 4.8pp
2024 · 92.6%
2019: 93.1%
2020: 82.2%
2021: 87.4%
2022: 88.7%
2023: 85.7%
2024: 92.6%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€108k▲ 16.0%€150k▲ 38.8%€196k▲ 31.0%€167k▼ 14.8%
Operating result€13k-€20k▲ 51.2%€59k▲ 195%€65k▲ 10.1%€48k▼ 26.5%
Net result€10k-€15k▲ 55.6%€42k▲ 181%€46k▲ 11.0%€38k▼ 18.3%
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 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171k
Fixed assets
€3k▲ 345%
Current assets
€169k▼ 20.0%
Equity and liabilities €171k
Equity
€167k▼ 14.8%
Debt
€5k▼ 71.1%
The debt ratio falls from 7.4% to 2.7%. Equity and debt are lower.
Key figures and ratios
Solvency
97.3%▲
2024 · 92.6%
ROE
22.7%▼
2024 · 23.7%
ROA
22.1%▲
2024 · 21.9%
Debt
€5k▼
2024 · €16k
Debt ≤ 1 year
€5k▼
2024 · €15k
Income taxes
€10k▼
2024 · €18k
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€212k€171k▼
Fixed assets21/28€600€3k▲
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Financial fixed assets28€600€600=
Current assets29/58€211k€169k▼
Amounts receivable within one year40/41€14k€20k▲
Trade receivables40€14k€14k▲
Other amounts receivable41-€6k
Cash at bank and in hand54/58€196k€145k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€212k€171k▼
Equity10/15€196k€167k▼
Contributions10/11€19k€19k=
Reserves13€177k€148k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€177k€148k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€16k€5k▼
Amounts payable within one year42/48€15k€5k▼
Financial debts43€37€10▼
Credit institutions430/8€37€10▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Other amounts payable47/48€792€0▼
Accrued charges and deferred income492/3€873€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€405
Other operating charges640/8€630€609▼
Gross operating margin9900€66k€49k▼
Operating profit (loss)9901€65k€48k▼
Financial income75/76B-€348
Recurring financial income75-€348
Financial charges65/66B€259€201▼
Recurring financial charges65€259€201▼
Profit (loss) for the period before taxes9903€65k€48k▼
Income taxes67/77€18k€10k▼
Profit (loss) for the period9904€46k€38k▼
Profit (loss) for the period to be appropriated9905€46k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€38k▼
Transfer from equity791/2-€67k
Transfer to equity691/2€46k€38k▼
To other reserves6921€46k€38k▼
Profit to be distributed694/7-€67k
Return on contributions (dividend)694-€67k
The notes to these accounts (12 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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 37.15
Current ratio from 14.23 to 37.15; short-term debt falls from €15k to €5k.
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €46k ▲11%
Operating result €65k, net result €46k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 14.23
Current ratio from 7.06 to 14.23; short-term debt falls from €25k to €15k.
31-03
Financial
Equity above €150kEq €196k ▲31%
6 profitable years in a row build equity to €196k.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €100kEq €108k ▲16%
4 profitable years in a row build equity to €108k.
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €10k ▼39.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2016
13-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Genk · 1 establishment unit since 2009
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.
Bosdel 543600 GenkGround area
4,211 m²
Building footprint
1,263 m²
Parcel 71305F1343/00N025, Flanders. Linked by address, not a title deed.
1 establishment unit
Bosdel 54, 3600 Genk
since 20092.181.939.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1343/00N025 | Flanders | 4,211 m² | 1 · 1,263 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2009
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.