QUALYTIME
ActiveQUALYTIME has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-350) and a net result of €3k. Equity is shrinking by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency46▲+27
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.07 against 1.09 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.3%
Return on assets
2.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 18016 sector peers (2025).
NBB · sector comparisonPosition among 18016 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
119 d late
2023
51 d late
2022
67 d late
2021
89 d late
2020
19 d early
2019
49 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-350
2024 · €5k
2018: €49k
2019: €14k
2020: €18k
2021: €45k
2022: €25k
2023: €15k
2024: €5k
2018 → 2025
Total assets
€131k▲ 98.5%
2024 · €66k
2018: €133k
2019: €139k
2020: €54k
2021: €179k
2022: €94k
2023: €80k
2024: €66k
2018 → 2025
Net result
€3k
2024 · €-10k
2018: €11k
2019: €-36k
2020: €5k
2021: €27k
2022: €-20k
2023: €-10k
2024: €-10k
2018 → 2025
Working capital
€8k▲ 53.5%
2024 · €5k
2018: €44k
2019: €10k
2020: €16k
2021: €43k
2022: €28k
2023: €15k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€25k▼ 44.3%€15k▼ 40.3%€5k▼ 63.8%€-350
Operating result€28k-€-20k€-14k▲ 28.8%€-9k▲ 32.7%€3k
Net result€27k-€-20k€-10k▲ 49.4%€-10k▲ 5.5%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €9k in 2024.
Key figures and ratios
Solvency
-0.3%▼
2024 · 8.3%
Current ratio
1.07▼
2024 · 1.09
Quick ratio
0.79▲
2024 · 0.65
ROA
2.2%▲
2024 · -14.6%
Debt
€131k▲
2024 · €61k
Debt ≤ 1 year
€123k▲
2024 · €61k
Debt > 1 year
€9k
Equity ratios withheld: equity of €-350 is too small for a meaningful ratio.
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€66k€131k▲
Current assets29/58€66k€131k▲
Stocks and contracts in progress3€27k€34k▲
Stocks30/36€27k€34k▲
Amounts receivable within one year40/41€27k€63k▲
Trade receivables40€27k€62k▲
Other amounts receivable41€196€1k▲
Cash at bank and in hand54/58€11k€33k▲
Deferred charges and accrued income490/1€2k€669▼
Equity and liabilities
Total equity and liabilities10/49€66k€131k▲
Equity10/15€5k€-350▼
Contributions10/11€9k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-5k€-2k▲
Amounts payable17/49€61k€131k▲
Amounts payable after more than one year17-€9k
Financial debts170/4-€9k
Amounts payable within one year42/48€61k€123k▲
Financial debts43-€6
Credit institutions430/8-€6
Trade debts44€34k€85k▲
Suppliers440/4€34k€85k▲
Advances received on contracts in progress46-€14k
Taxes, remuneration and social security45€628€1k▲
Taxes450/3€628€1k▲
Other amounts payable47/48€26k€23k▼
Income statement
Code20242025
Other operating charges640/8€878€507▼
Gross operating margin9900€-8k€4k▲
Operating profit (loss)9901€-9k€3k▲
Financial income75/76B€431€9▼
Recurring financial income75€431€9▼
Financial charges65/66B€441€450▲
Recurring financial charges65€441€450▲
Profit (loss) for the period before taxes9903€-9k€3k▲
Income taxes67/77€229-
Profit (loss) for the period9904€-10k€3k▲
Profit (loss) for the period to be appropriated9905€-10k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-2k▲
Profit (loss) brought forward from the previous period14P€4k€-5k▼
The notes to these accounts (3 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Highest result since 2018net €27k ▲477%
Operating result €28k, net result €27k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet €-36k ▼418%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
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.
22-02-2024
RABINOWITZ Israel: Resigned as Manager
01-08-2013
WECHSLER Maurice: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2009
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.
Belgiëlei 482018 AntwerpenGround area
1,939 m²
Building footprint
435 m²
Volume, LiDAR
10,402 m³
Parcel 11806F1234/00P012, Flanders · tallest building 27.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Belgiëlei 48, 2018 Antwerpen
since 20092.181.782.594
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1234/00P012 | Flanders | 1,939 m² | 1 · 435 m² | 27.8 m · 8 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
ITAI
BE 0813.238.793
Antwerpen · Eq €5k
TOP DIAMONDS & JEWELERY
BE 0641.883.048
Antwerpen · Eq €6k
FREY WILLE Brussels
BE 0872.068.897
Brussel · Eq €5k
Northstar
BE 0799.315.236
Brugge · Eq €6k
North
BE 1011.885.786
Genk · Eq €5k
Of 2,003 companies in sector 47770 we hold annual accounts for 892. 258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2009
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.