Summary
Quality Management 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 €397,806 and a net result of €118,425. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 5585 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 28-02-2026, 153 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
153 d early
2024
57 d early
2023
30 d early
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 60 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 18 June (3 of the last 4 filed years within 43 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, abbreviated schema
Equity
€397,806▲ 4.5%
2024 · €380,801
Net result
€118,425▲ 2.4%
2024 · €115,698
Total assets
€610,381▲ 15.3%
2024 · €529,398
Solvency
65.2%▼ 6.8pp
2024 · 71.9%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line2022202320242025
Operating result€146,212-€206,625▲ 41.3%€153,172▼ 25.9%€146,317▼ 4.5%
Net result€101,419within the sector's middle half-€147,483within the sector's middle half▲ 45.4%€115,698within the sector's middle half▼ 21.6%€118,425within the sector's middle half▲ 2.4%
Equity€119,219below the sector's middle half-€265,903within the sector's middle half▲ 123%€380,801within the sector's middle half▲ 43.2%€397,806within the sector's middle half▲ 4.5%
Total assets€207,966below the sector's middle half-€390,088below the sector's middle half▲ 87.6%€529,398below the sector's middle half▲ 35.7%€610,381within the sector's middle half▲ 15.3%
Debt€88,746-€124,186▲ 39.9%€148,597▲ 19.7%€212,574▲ 43.1%
Working capital€116,622within the sector's middle half-€263,946within the sector's middle half▲ 126%€379,184above the sector's middle half▲ 43.7%€387,893above the sector's middle half▲ 2.3%
Solvency57.3%within the sector's middle half-68.2%within the sector's middle half▲ 10.8pp71.9%within the sector's middle half▲ 3.8pp65.2%within the sector's middle half▼ 6.8pp
Current ratio2.31within the sector's middle half-3.13above the sector's middle half▲ 0.813.56above the sector's middle half▲ 0.442.83within the sector's middle half▼ 0.73
Return on assets (ROA)48.8%above the sector's middle half-37.8%above the sector's middle half▼ 11.0pp21.9%above the sector's middle half▼ 16.0pp19.4%above the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €610,381
Fixed assets
€10,502 ▲ 358%
Current assets
€599,878 ▲ 13.8%
Equity and liabilities €610,381
Equity
€397,806 ▲ 4.5%
Debt
€212,574 ▲ 43.1%
Debt's share of the balance-sheet total rises from 28.1% to 34.8%. Equity and debt are higher.
Key figures and ratios
ROE
29.8%▼
2024 · 30.4%
Debt ≤ 1 year
€211,986▲
2024 · €147,921
Income taxes
€59,808▲
2024 · €49,044
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €18,447 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €229 | €640 | €1,121 | €1,582 | ▲ 41.2% |
| Other operating charges640/8 | €6,123 | €4,570 | €3,155 | €11,047 | ▲ 250% |
| Gross operating margin9900 | €152,564 | €211,836 | €157,448 | €158,947 | ▲ 1.0% |
| Operating profit (loss)9901 | €146,212 | €206,625 | €153,172 | €146,317 | ▼ 4.5% |
| Financial income75/76B | €10 | €7,208 | €14,250 | €34,353 | ▲ 141% |
| Recurring financial income75 | €10 | €7,208 | €14,250 | €13,058 | ▼ 8.4% |
| Non-recurring financial income76B | - | - | - | €21,295 | - |
| Financial charges65/66B | €850 | €2,195 | €2,679 | €2,438 | ▼ 9.0% |
| Recurring financial charges65 | €850 | €2,195 | €2,679 | €2,438 | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | €145,371 | €211,639 | €164,743 | €178,232 | ▲ 8.2% |
| Income taxes67/77 | €43,952 | €64,155 | €49,044 | €59,808 | ▲ 21.9% |
| Profit (loss) for the period9904 | €101,419 | €147,483 | €115,698 | €118,425 | ▲ 2.4% |
| Profit (loss) for the period to be appropriated9905 | €101,419 | €147,483 | €115,698 | €118,425 | ▲ 2.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €207,966 | €390,088 | €529,398 | €610,381 | ▲ 15.3% |
| Fixed assets21/28 | €2,597 | €1,957 | €2,292 | €10,502 | ▲ 358% |
| Tangible fixed assets22/27 | €2,597 | €1,957 | €2,292 | €10,502 | ▲ 358% |
| Furniture and vehicles24 | €450 | €259 | €1,044 | €9,704 | ▲ 829% |
| Other tangible fixed assets26 | €2,147 | €1,698 | €1,248 | €798 | ▼ 36.0% |
| Current assets29/58 | €205,369 | €388,131 | €527,106 | €599,878 | ▲ 13.8% |
| Amounts receivable within one year40/41 | €100,512 | €209,788 | €241,361 | €351,912 | ▲ 45.8% |
| Trade receivables40 | €100,512 | €209,788 | €241,361 | €351,912 | ▲ 45.8% |
| Current investments50/53 | - | - | €199,850 | €199,839 | = |
| Cash at bank and in hand54/58 | €104,857 | €172,660 | €83,318 | €44,220 | ▼ 46.9% |
| Deferred charges and accrued income490/1 | - | €5,684 | €2,577 | €3,908 | ▲ 51.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €207,966 | €390,088 | €529,398 | €610,381 | ▲ 15.3% |
| Equity10/15 | €119,219 | €265,903 | €380,801 | €397,806 | ▲ 4.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €100,619 | €247,303 | €362,201 | €379,206 | ▲ 4.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | €98,759 | €245,443 | €360,341 | €379,206 | ▲ 5.2% |
| Amounts payable17/49 | €88,746 | €124,186 | €148,597 | €212,574 | ▲ 43.1% |
| Amounts payable within one year42/48 | €88,746 | €124,186 | €147,921 | €211,986 | ▲ 43.3% |
| Financial debts43 | €245 | €3,906 | €21,217 | €7,366 | ▼ 65.3% |
| Other loans439 | €245 | €3,906 | €21,217 | €7,366 | ▼ 65.3% |
| Trade debts44 | €9,409 | €2,613 | €1,180 | €40,001 | ▲ 3,291% |
| Suppliers440/4 | €9,409 | €2,613 | €1,180 | €40,001 | ▲ 3,291% |
| Taxes, remuneration and social security45 | €78,293 | €116,867 | €124,725 | €63,199 | ▼ 49.3% |
| Taxes450/3 | €78,293 | €116,867 | €124,725 | €63,199 | ▼ 49.3% |
| Other amounts payable47/48 | €800 | €800 | €800 | €101,419 | ▲ 12,577% |
| Accrued charges and deferred income492/3 | - | - | €675 | €589 | ▼ 12.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,419 | €147,483 | €115,698 | €118,425 | ▲ 2.4% |
| + Depreciation and write-downs630 | €229 | €640 | €1,121 | €1,582 | ▲ 41.2% |
| Operating cash flow (approximation) | €101,648 | €148,124 | €116,819 | €120,007 | ▲ 2.7% |
| Investment in fixed assets (approximation) | - | €0 | -€1,456 | -€9,793 | ▼ 573% |
| Change in cash | - | €67,803 | -€89,342 | -€39,098 | ▲ 56.2% |
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
04-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
23-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
19-06
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
20-05
State Gazette act
General meeting · Name change
Other statement · Registered office clause
28-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2022net €147,483 ▲45.4%
Operating result €206,625, net result €147,483, both a record.
31-12
Financial
Equity above €200,000Eq €265,903 ▲123%
2 profitable years in a row build equity to €265,903.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hechtel-Eksel · 1 establishment unit since 2021
Ground area
1,502 m²
Building footprint
308 m²
Volume, LiDAR
5,359 m³
Parcel 72006A0464/00C000, Flanders · tallest building 22.7 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Quality Management
since 20212.324.906.391
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72006A0464/00C000 | Flanders | 1,502 m² | 1 · 308 m² | 22.7 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 ownersOwners 2
- Caroline Michottenatural personSourceown accounts 202550%
- MAarten Broensnatural personSourceown accounts 202550%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of Quality Management and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 300 EUR awarded · 300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 300 EUR | 300 EUR |
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,800. 13,764 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
Founded23-09-2021
Fiscal year end31-12
Abbreviation NL
QM
Activities, NACEBEL 2025
64210Activities of holding companies
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774512732
Also
9925:BE0774512732
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.