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QUALTEC

Active
Private limited companyfounded 2025active for 1 yearHenri Mortierstraat 19, 9050 Gent, BelgiumKBO/BCE: BE 1018.576.511
Summary

QUALTEC has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,623 and a net result of €14,123. Its solvency ranks better than 43% of 10,789 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418938.

Turnover
≈ €91,000
Estimated: probably between €40,000 and €230,000
Total assets
€39,682
Net result
€14,123
Working capital
€5,123

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €39,682
Fixed assets €12,500
Current assets €27,182
Equity and liabilities €39,682
Equity €17,623
Debt €22,059
Debt finances 55.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€22,516
Cash flow
€15,751
Current ratio
1.23
Debt to equity
1.25
ROE
80.1%
ROA
35.6%
Interest coverage
over 100
Debt ≤ 1 year
€22,059
Income taxes
€6,723

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€39,682
Fixed assets21/28€12,500
Financial fixed assets28€12,500
Current assets29/58€27,182
Amounts receivable within one year40/41€8,346
Trade receivables40€7,947
Other amounts receivable41€399
Cash at bank and in hand54/58€18,836
Equity and liabilities
Total equity and liabilities10/49€39,682
Equity10/15€17,623
Contributions10/11€3,500
Reserves13€14,123
Distributable reserves133€14,123
Amounts payable17/49€22,059
Amounts payable within one year42/48€22,059
Trade debts44€1,742
Suppliers440/4€1,742
Taxes, remuneration and social security45€6,777
Taxes450/3€6,777
Other amounts payable47/48€13,540
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,628
Gross operating margin9900€22,516
Operating profit (loss)9901€20,888
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€42
Recurring financial charges65€42
Profit (loss) for the period before taxes9903€20,846
Income taxes67/77€6,723
Profit (loss) for the period9904€14,123
Profit (loss) for the period to be appropriated9905€14,123
Appropriation of the result
Profit (loss) to be appropriated9906€14,123
Transfer to equity691/2€14,123
To other reserves6921€14,123

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,628
Gross operating margin9900€22,516
Operating profit (loss)9901€20,888
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€42
Recurring financial charges65€42
Profit (loss) for the period before taxes9903€20,846
Income taxes67/77€6,723
Profit (loss) for the period9904€14,123
Profit (loss) for the period to be appropriated9905€14,123
Line2025
Assets
Total assets20/58€39,682
Fixed assets21/28€12,500
Financial fixed assets28€12,500
Current assets29/58€27,182
Amounts receivable within one year40/41€8,346
Trade receivables40€7,947
Other amounts receivable41€399
Cash at bank and in hand54/58€18,836
Equity and liabilities
Total equity and liabilities10/49€39,682
Equity10/15€17,623
Contributions10/11€3,500
Reserves13€14,123
Distributable reserves133€14,123
Amounts payable17/49€22,059
Amounts payable within one year42/48€22,059
Trade debts44€1,742
Suppliers440/4€1,742
Taxes, remuneration and social security45€6,777
Taxes450/3€6,777
Other amounts payable47/48€13,540
Line2025
Profit (loss) for the period9904€14,123
+ Depreciation and write-downs630€1,628
Operating cash flow (approximation)€15,751

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-08-2026 2026-00418938

Similar companies · same sector, comparable size

Of the 82,509 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,646. 31,017 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.