QUALITYD
Annual accounts 2025
micro format, filed on 22-06-2026, 39 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €22,877 on 31-12-2025in euro
in euro
Position in the sector
-7.2%
Higher than 9% of 39,360 companies in 2025.
1.58
Higher than 41% of 38,044 companies in 2025.
-158.8%
Lower than 95% of 38,516 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
22,877 | 74,279 | 92,868 | 100,340 | 35,268 | 22,980 | |
21/28 |
842 | 18,342 | 36,056 | 55,030 | 356 | 578 | |
22/27 |
842 | 18,342 | 36,056 | 55,030 | 356 | 578 | |
24 |
100 | 17,409 | 36,056 | 55,030 | 356 | 578 | |
26 |
743 | 934 | - | - | - | - | |
29/58 |
22,034 | 55,937 | 56,812 | 45,310 | 34,912 | 22,402 | |
40/41 |
6,376 | 13,713 | 13,401 | - | 1,210 | 8,180 | |
40 |
2,524 | 9,378 | 10,315 | - | 1,210 | 8,180 | |
41 |
3,852 | 4,336 | 3,085 | - | - | - | |
54/58 |
12,968 | 39,690 | 41,759 | 43,763 | 33,702 | 13,497 | |
490/1 |
2,690 | 2,533 | 1,653 | 1,547 | - | 725 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
22,877 | 74,279 | 92,868 | 100,340 | 35,268 | 22,980 | |
10/15 |
-1,636 | 34,694 | 43,455 | 39,187 | 21,746 | 12,070 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
14 |
-4,636 | 31,694 | 40,455 | 36,187 | 18,746 | 9,070 | |
17/49 |
24,513 | 39,585 | 49,413 | 61,153 | 13,522 | 10,909 | |
17 |
10,564 | 20,806 | 30,737 | 40,365 | - | - | |
170/4 |
10,564 | 20,806 | 30,737 | 40,365 | - | - | |
42/48 |
13,949 | 18,779 | 18,676 | 20,788 | 13,522 | 10,909 | |
42 |
10,242 | 9,931 | 9,628 | 9,335 | - | - | |
44 |
666 | 73 | 375 | 146 | 271 | 975 | |
440/4 |
666 | 73 | 375 | 146 | 271 | 975 | |
45 |
1,867 | 6,687 | 7,136 | 9,305 | 12,359 | 9,246 | |
450/3 |
1,867 | 6,687 | 7,136 | 9,305 | 12,359 | 9,246 | |
47/48 |
1,173 | 2,088 | 1,537 | 2,002 | 892 | 688 | |
| Income statement | |||||||
9900 |
-16,767 | 12,450 | 31,946 | 24,170 | 12,813 | 13,301 | |
630 |
17,500 | 18,946 | 18,975 | 1,845 | 221 | 1,376 | |
640/8 |
1,024 | 899 | 5,723 | 378 | - | 348 | |
9901 |
-35,290 | -7,395 | 7,249 | 21,947 | 12,592 | 11,578 | |
75/76B |
17 | 23 | 10 | - | 0 | - | |
75 |
17 | 23 | 10 | - | 0 | - | |
65/66B |
904 | 1,218 | 1,576 | 200 | 79 | 70 | |
65 |
904 | 1,218 | 1,576 | 200 | 79 | 70 | |
9903 |
-36,177 | -8,590 | 5,682 | 21,747 | 12,513 | 11,508 | |
67/77 |
152 | 171 | 1,415 | 4,306 | 2,837 | 2,437 | |
9904 |
-36,330 | -8,761 | 4,268 | 17,441 | 9,676 | 9,070 | |
9905 |
-36,330 | -8,761 | 4,268 | 17,441 | 9,676 | 9,070 | |
| Appropriation of the result | |||||||
9906 |
-4,636 | 31,694 | 40,455 | 36,187 | 18,746 | 9,070 | |
14P |
31,694 | 40,455 | 36,187 | 18,746 | 9,070 | - | |
| Document | |||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00218071 | |
| 31-12-2024 | micro format | 22-06-2025 | 2025-00172539 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00188196 | |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00154214 | |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20099180 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-42800251 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -17,791 | 11,551 | 26,223 | 23,792 | 12,813 | 12,954 | ||
| -18,830 | 10,185 | 23,242 | 19,286 | 9,897 | 10,447 | ||
| 0 | 1,233 | 0 | 56,519 | 0 | 664 | ||
| -26,722 | -2,068 | -2,004 | 10,061 | 20,205 | - | ||
| 8,086 | 37,158 | 38,136 | 24,522 | 21,390 | 11,493 | ||
| -7.2% | 46.7% | 46.8% | 39.1% | 61.7% | 52.5% | ||
| 1.58 | 2.98 | 3.04 | 2.18 | 2.58 | 2.05 | ||
| - | 1.14 | 1.14 | 1.56 | 0.62 | 0.90 | ||
| - | -25.3% | 9.8% | 44.5% | 44.5% | 75.1% | ||
| -158.8% | -11.8% | 4.6% | 17.4% | 27.4% | 39.5% | ||
| -19.67 | 9.48 | 16.63 | over 100 | over 100 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,233 | - | €56,519 | - |
| Financial fixed assets | €0 | - | - | - | - |
| €17,500 | €18,946 | €18,975 | €1,845 | €221 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on QUALITYD
The operating result for 2025 is a loss of €35,290, larger than the loss of €7,395 in 2024. It is the lowest result since 2020.
Equity is negative. Debt (€24,513) exceeds the balance-sheet total (€22,877).