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QUALITY TRANSPORT SERVICES

Active
Private limited company (pre-2019)founded 199233 yrs activeAkkerstraat 20, 2540 Hove, BelgiumKBO/BCE: BE 0448.719.921

QUALITY TRANSPORT SERVICES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €46k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 90% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
95 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 9.97 against 10.73 in 2024; short-term debt: 8.2% and cash: 61.7% of total assets), and 8.3% 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 riskneutral
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
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.7%
Return on assets
16.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
58 d early
2023
5 d early
2022
2 d early
2021
2 d early
2020
on the day
2019
1 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€261k▼ 0.6%
2024 · €263k
2018: €41k 2019: €89k 2020: €121k 2021: €155k 2022: €157k 2023: €210k 2024: €263k
2018 → 2025
Total assets
€285k▼ 0.8%
2024 · €287k
2018: €130k 2019: €156k 2020: €147k 2021: €175k 2022: €183k 2023: €234k 2024: €287k
2018 → 2025
Net result
€46k▼ 13.4%
2024 · €53k
2018: €-20k 2019: €47k 2020: €32k 2021: €35k 2022: €2k 2023: €53k 2024: €53k
2018 → 2025
Working capital
€210k▼ 9.7%
2024 · €233k
2018: €39k 2019: €96k 2020: €113k 2021: €146k 2022: €139k 2023: €186k 2024: €233k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€155k-€157k▲ 1.2%€210k▲ 33.5%€263k▲ 25.2%€261k▼ 0.6%
Operating result€57k-€12k▼ 79.0%€82k▲ 593%€83k▲ 0.6%€75k▼ 9.9%
Net result€35k-€2k▼ 94.8%€53k▲ 2,836%€53k▲ 0.5%€46k▼ 13.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €57k€57kNet result 2021: €35k€35kOperating result 2022: €12k€12kNet result 2022: €2k€2kOperating result 2023: €82k€82kNet result 2023: €53k€53kOperating result 2024: €83k€83kNet result 2024: €53k€53kOperating result 2025: €75k€75kNet result 2025: €46k€46k20212022202320242025
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285k
Fixed assets €51k▲ 67.6%
Current assets €234k▼ 9.0%
Equity and liabilities €285k
Equity €261k▼ 0.6%
Debt €24k▼ 2.6%
The debt ratio falls from 8.5% to 8.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€85k
2024 · €95k
Cash flow
€56k
2024 · €65k
Solvency
91.7%
2024 · 91.5%
Current ratio
9.97
2024 · 10.73
Quick ratio
9.97
2024 · 10.45
Debt / equity
0.09
2024 · 0.09
ROE
17.5%
2024 · 20.1%
ROA
16.1%
2024 · 18.4%
Interest coverage
214.78
2024 · 76.42
Debt
€24k
2024 · €24k
Debt ≤ 1 year
€23k
2024 · €24k
Income taxes
€31k
2024 · €32k
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€287k€285k
Fixed assets21/28€31k€51k
Tangible fixed assets22/27€31k€51k
Furniture and vehicles24€21k€39k
Other tangible fixed assets26€10k€12k
Current assets29/58€257k€234k
Stocks and contracts in progress3€7k€0
Stocks30/36€7k€0
Amounts receivable within one year40/41€86k€46k
Trade receivables40€12k€5k
Other amounts receivable41€73k€41k
Cash at bank and in hand54/58€161k€176k
Deferred charges and accrued income490/1€4k€12k
Equity and liabilities
Total equity and liabilities10/49€287k€285k
Equity10/15€263k€261k
Contributions10/11€6k€6k=
Reserves13€225k€255k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€223k€253k
Profit (loss) carried forward14€31k€0
Amounts payable17/49€24k€24k
Amounts payable within one year42/48€24k€23k
Trade debts44€12k€12k
Suppliers440/4€12k€12k
Taxes, remuneration and social security45€12k€11k
Taxes450/3€12k€11k
Accrued charges and deferred income492/3€464€300
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k
Other operating charges640/8€2k€1k
Gross operating margin9900€96k€86k
Operating profit (loss)9901€83k€75k
Financial income75/76B€3k€3k
Recurring financial income75€3k€3k
Financial charges65/66B€1k€396
Recurring financial charges65€1k€396
Profit (loss) for the period before taxes9903€85k€77k
Income taxes67/77€32k€31k
Profit (loss) for the period9904€53k€46k
Profit (loss) for the period to be appropriated9905€53k€46k
Appropriation of the result
Profit (loss) to be appropriated9906€84k€77k
Profit (loss) brought forward from the previous period14P€31k€31k=
Transfer from equity791/2-€47k
Transfer to equity691/2€53k€77k
To other reserves6921€53k€77k
Profit to be distributed694/7-€47k
Return on contributions (dividend)694-€47k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
17-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2018net €53k ▲0.5%
Net result €53k, the highest in the series.
25-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €200kEq €210k ▲33.5%
5 profitable years in a row build equity to €210k.
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Equity above €150kEq €155k ▲28.8%
3 profitable years in a row build equity to €155k.
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Liquidity doublescurrent ratio 5.65
Current ratio from 2.78 to 5.65; short-term debt falls from €54k to €24k.
30-09
Financial Equity above €100kEq €121k ▲36.3%
2 profitable years in a row build equity to €121k.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Back to profitnet €47k
Net result €47k after one loss-making year.
25-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-04
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
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, Hove · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Akkerstraat 202540 Hove
Ground area
1,183 m²
Building footprint
256 m²
Volume, LiDAR
827 m³
Parcel 11021C0120/00N000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Q.T.S.
Akkerstraat 20, 2540 HoveNACE 7412401
since 19932.060.239.319
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11021C0120/00N000 Flanders 1,183 m² 1 · 256 m² 6.1 m · 1 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.

Similar companies · same sector, comparable size

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 38,765 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded25-11-1992
Fiscal year end30-09
Abbreviation NL Q.T.S.
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.