QUALITY LIFT
ActiveQUALITY LIFT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €402k and a net result of €269k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+58
Solvency56▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.29 in 2024; short-term debt: 58.3% and cash: 2% of total assets), and 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 43
higher
← 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
31.1%
Return on assets
20.8%
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
52 d early
2023
51 d early
2022
52 d early
2021
33 d early
2020
17 d early
2019
21 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€402k▲ 12.1%
2024 · €358k
2018: €260k
2019: €324k
2020: €414k
2021: €323k
2022: €325k
2023: €361k
2024: €358k
2018 → 2025
Total assets
€1.29M▲ 45.4%
2024 · €889k
2018: €896k
2019: €980k
2020: €1.24M
2021: €1.06M
2022: €1.04M
2023: €987k
2024: €889k
2018 → 2025
Net result
€269k
2024 · €-2k
2018: €67k
2019: €64k
2020: €90k
2021: €-8k
2022: €2k
2023: €36k
2024: €-2k
2018 → 2025
Working capital
€117k▼ 3.0%
2024 · €120k
2018: €103k
2019: €160k
2020: €216k
2021: €148k
2022: €112k
2023: €158k
2024: €120k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€323k-€325k▲ 0.7%€361k▲ 11.1%€358k▼ 0.6%€402k▲ 12.1%
Operating result€-2k-€16k€67k▲ 324%€21k▼ 68.9%€404k▲ 1,828%
Net result€-8k-€2k€36k▲ 1,598%€-2k€269k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,828% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€422k▲ 21.0%
Current assets
€869k▲ 61.1%
Equity and liabilities €1.29M
Equity
€402k▲ 12.1%
Debt
€890k▲ 67.9%
The debt ratio rises from 59.7% to 68.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€440k▲
2024 · €54k
Cash flow
€305k▲
2024 · €31k
Solvency
31.1%▼
2024 · 40.3%
Current ratio
1.15▼
2024 · 1.29
Quick ratio
0.74▼
2024 · 0.76
Debt / equity
2.22▲
2024 · 1.48
ROE
66.9%▲
2024 · -0.6%
ROA
20.8%▲
2024 · -0.3%
Interest coverage
21.11▲
2024 · 2.19
Debt
€890k▲
2024 · €530k
Debt ≤ 1 year
€753k▲
2024 · €419k
Debt > 1 year
€87k▲
2024 · €81k
Income taxes
€120k▲
2024 · €243
Staff costs
€284k▲
2024 · €274k
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€889k€1.29M▲
Fixed assets21/28€349k€422k▲
Intangible fixed assets21€992€0▼
Tangible fixed assets22/27€346k€421k▲
Land and buildings22€275k€267k▼
Plant, machinery and equipment23€45k€41k▼
Furniture and vehicles24€26k€113k▲
Financial fixed assets28€2k€2k=
Current assets29/58€540k€869k▲
Stocks and contracts in progress3€220k€312k▲
Stocks30/36€199k€312k▲
Contracts in progress37€21k€0▼
Amounts receivable within one year40/41€204k€372k▲
Trade receivables40€179k€372k▲
Other amounts receivable41€25k€0▼
Current investments50/53€69k€57k▼
Cash at bank and in hand54/58€43k€26k▼
Deferred charges and accrued income490/1€4k€102k▲
Equity and liabilities
Total equity and liabilities10/49€889k€1.29M▲
Equity10/15€358k€402k▲
Contributions10/11€12k€12k=
Reserves13€348k€389k▲
Distributable reserves133€348k€389k▲
Profit (loss) carried forward14€-2k€0▲
Amounts payable17/49€530k€890k▲
Amounts payable after more than one year17€81k€87k▲
Financial debts170/4€81k€87k▲
Amounts payable within one year42/48€419k€753k▲
Current portion of amounts payable after more than one year42€31k€46k▲
Financial debts43€160k€160k=
Credit institutions430/8€160k€160k=
Trade debts44€198k€372k▲
Suppliers440/4€198k€372k▲
Taxes, remuneration and social security45€30k€67k▲
Taxes450/3€7k€42k▲
Remuneration and social security454/9€24k€25k▲
Other amounts payable47/48€0€107k▲
Accrued charges and deferred income492/3€30k€51k▲
Income statement
Code20242025
Non-recurring operating income76A€413€12k▲
Remuneration, social security and pensions62€274k€284k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€36k▲
Other operating charges640/8€27k€4k▼
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€359k€728k▲
Operating profit (loss)9901€21k€404k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€106€5k▲
Non-recurring financial income76B€1k€0▼
Financial charges65/66B€25k€21k▼
Recurring financial charges65€25k€21k▼
Profit (loss) for the period before taxes9903€-2k€388k▲
Income taxes67/77€243€120k▲
Profit (loss) for the period9904€-2k€269k▲
Profit (loss) for the period to be appropriated9905€-2k€269k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€266k▲
Profit (loss) brought forward from the previous period14P€0€-2k▼
Transfer from equity791/2€0€225k▲
Transfer to equity691/2€0€266k▲
To other reserves6921€0€266k▲
Profit to be distributed694/7-€225k
Return on contributions (dividend)694-€225k
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (21 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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €269k
Net result €269k after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-8k ▼109%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dendermonde · 1 establishment unit since 2004
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.
Bosstraat (OUD) 479200 DendermondeGround area
964 m²
Building footprint
127 m²
Volume, LiDAR
659 m³
Parcel 42016A0530/00D002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Quality Lift
since 20042.137.220.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42016A0530/00D002 | Flanders | 964 m² | 1 · 127 m² | 8.4 m · 2 fl. |
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.
Recognitions · licences · registrations
Recognised contractor
1 categoryQUALITY LIFT BV37559
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 6,978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2004
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0494.32.36.31