Quandyga Engineering
ActiveSummary
Quandyga Engineering has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358,303 and a net result of €52,999. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 2 FTE
- Equity
- €358,303
- Profit
- €52,999
Why 93raises riskLiquidity: current ratio 1.33, cash €19,990lowers riskSize: total assets €635,197Sector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed 26-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 49% on solvency, 13% on liquidity, 39% on profitability and 86% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 39 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €64,035
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €13,450 after €48,459 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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%.
| 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €32,739 | €101,630 | €115,840 | €171,331 | €176,385 | ▲ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €396 | €2,870 | €3,868 | €1,903 | €7,865 | €34,422 | €76,582 | ▲ 122% |
| Other operating charges640/8 | - | - | - | €413 | €413 | €569 | €532 | €549 | ▲ 3.2% |
| Gross operating margin9900 | €1,869 | €35,574 | €67,925 | €34,745 | €104,874 | €108,927 | €254,744 | €240,067 | ▼ 5.8% |
| Operating profit (loss)9901 | €1,825 | €11,096 | €31,268 | -€2,275 | €928 | -€15,348 | €48,459 | -€13,450 | - |
| Financial income75/76B | - | - | - | - | - | €5,683 | €21,854 | €66,949 | ▲ 206% |
| Recurring financial income75 | - | - | - | - | - | €5,683 | €21,854 | €66,949 | ▲ 206% |
| Financial charges65/66B | - | - | - | €154 | €165 | €186 | €179 | €170 | ▼ 4.6% |
| Recurring financial charges65 | €407 | €340 | €146 | €154 | €165 | €186 | €179 | €170 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €1,418 | €10,756 | €31,122 | -€2,428 | €763 | -€9,851 | €70,135 | €53,329 | ▼ 24.0% |
| Income taxes67/77 | €471 | €330 | €4,250 | €119 | €150 | €131 | €6,100 | €330 | ▼ 94.6% |
| Profit (loss) for the period9904 | €947 | €10,426 | €26,872 | -€2,547 | €613 | -€9,982 | €64,035 | €52,999 | ▼ 17.2% |
| Profit (loss) for the period to be appropriated9905 | €947 | €10,426 | €26,872 | -€2,547 | €613 | -€9,982 | €64,035 | €52,999 | ▼ 17.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €18,566 | €71,869 | €54,747 | €41,828 | €76,320 | €173,977 | €390,368 | €635,197 | ▲ 62.7% |
| Fixed assets21/28 | €150 | €2,104 | €8,407 | €4,539 | €2,636 | €30,291 | €132,458 | €266,678 | ▲ 101% |
| Intangible fixed assets21 | - | - | €4,094 | €2,427 | €761 | €28,416 | €130,583 | €264,803 | ▲ 103% |
| Tangible fixed assets22/27 | - | €791 | €2,438 | €237 | - | - | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €237 | - | - | €0 | €0 | - |
| Financial fixed assets28 | €150 | €1,313 | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Current assets29/58 | €18,416 | €69,765 | €46,340 | €37,288 | €73,685 | €143,685 | €257,909 | €368,519 | ▲ 42.9% |
| Amounts receivable within one year40/41 | €276 | €38,162 | €2,888 | €18,138 | €26,697 | €61,189 | €229,131 | €346,392 | ▲ 51.2% |
| Trade receivables40 | - | - | - | €15,260 | €26,107 | €19,418 | €73,450 | €20,650 | ▼ 71.9% |
| Other amounts receivable41 | - | - | - | €2,878 | €590 | €41,771 | €155,681 | €325,742 | ▲ 109% |
| Cash at bank and in hand54/58 | €18,140 | €31,382 | €43,137 | €18,865 | €46,682 | €80,740 | €26,814 | €19,990 | ▼ 25.4% |
| Deferred charges and accrued income490/1 | - | - | - | €286 | €305 | €1,756 | €1,964 | €2,137 | ▲ 8.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €18,566 | €71,869 | €54,747 | €41,828 | €76,320 | €173,977 | €390,368 | €635,197 | ▲ 62.7% |
| Equity10/15 | €17,746 | €18,172 | €35,044 | €32,497 | €33,110 | €58,161 | €203,612 | €358,303 | ▲ 76.0% |
| Contributions10/11 | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | €20,460 | €20,460 | €20,460 | = |
| Capital10 | - | - | - | €6,300 | €6,300 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | - | €12,300 | €12,300 | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €20,460 | - | - | - |
| Share premium1100/10 | - | - | - | - | - | €20,460 | - | - | - |
| Reserves13 | €9,860 | €11,860 | €28,360 | €25,760 | €25,760 | €14,900 | €72,900 | €125,000 | ▲ 71.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €23,900 | €23,900 | €14,900 | €72,900 | €125,000 | ▲ 71.5% |
| Profit (loss) carried forward14 | €1,586 | €12 | €384 | €437 | €1,050 | €68 | €102 | €1,001 | ▲ 877% |
| Investment grants15 | - | - | - | - | - | €22,733 | €110,150 | €211,842 | ▲ 92.3% |
| Amounts payable17/49 | €820 | €53,698 | €19,703 | €9,331 | €43,211 | €115,816 | €186,755 | €276,894 | ▲ 48.3% |
| Amounts payable within one year42/48 | €820 | €17,698 | €19,703 | €9,331 | €43,211 | €115,816 | €186,755 | €276,894 | ▲ 48.3% |
| Trade debts44 | €349 | €4,890 | €4,393 | €3,531 | €6,471 | €5,361 | €5,806 | €5,420 | ▼ 6.7% |
| Suppliers440/4 | - | - | - | €3,531 | €6,471 | €5,361 | €5,806 | €5,420 | ▼ 6.7% |
| Taxes, remuneration and social security45 | - | - | - | €5,172 | €16,665 | €16,390 | €24,144 | €24,364 | ▲ 0.9% |
| Taxes450/3 | - | - | - | €117 | €1,591 | €132 | - | €330 | - |
| Remuneration and social security454/9 | - | - | - | €5,055 | €15,074 | €16,258 | €24,144 | €24,034 | ▼ 0.5% |
| Other amounts payable47/48 | - | - | - | €627 | €20,075 | €94,065 | €156,805 | €247,110 | ▲ 57.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €947 | €10,426 | €26,872 | -€2,547 | €613 | -€9,982 | €64,035 | €52,999 | ▼ 17.2% |
| + Depreciation and write-downs630 | - | €396 | €2,870 | €3,868 | €1,903 | €7,865 | €34,422 | €76,582 | ▲ 122% |
| Operating cash flow (approximation) | €947 | €10,822 | €29,742 | €1,321 | €2,517 | -€2,117 | €98,456 | €129,581 | ▲ 31.6% |
| Investment in fixed assets (approximation) | - | -€2,350 | -€9,174 | €0 | €0 | -€35,520 | -€136,589 | -€210,802 | ▼ 54.3% |
| Change in cash | - | €13,243 | €11,755 | -€24,272 | €27,817 | €34,058 | -€53,926 | -€6,823 | ▲ 87.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00204713 |
| 31-12-2024 | micro format | 26-06-2025 | 2025-00188326 |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00150816 |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00149622 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20079805 |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22500354 |
| 31-12-2019 | micro format | 23-06-2020 | 2020-19800409 |
| 31-12-2018 | micro format | 24-06-2019 | 2019-21900008 |
| 31-12-2017 | micro format | 20-06-2018 | 2018-20800135 |
| 31-12-2016 | micro format | 14-06-2017 | 2017-17500058 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DOCQUIER Nicolas |
|
Owners and capital
Capital and shareholders
- 06-10-2023 Converted to unavailable equity · €20,460
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-10
Gazette deed
Resignation: DOCQUIER Nicolas (manager)Appointment: DOCQUIER Nicolas (director) · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 22-09-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “unanimité, suppression compte indisponible” (deed in French)
- Capital
- Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
- Director resignation, DOCQUIER Nicolas (manager)
- Director appointment, DOCQUIER Nicolas (director)
- Director discharge, DOCQUIER Nicolas
- Registered office clause, “unanimité, 1348 Ottignies-Louvain-la-Neuve,Chemin du Cyclotron,6” (deed in French)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25386B0152/00N000 | Wallonia | 4.0 ha | 1 · 1.2 ha | 34.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1/la recherche,la conception,la réalisation,la formation,la vente,l'exportation,l'importation,la représentation,la location,la…” (deed in French)
23 activities (deed in French)
- 1/la recherche,la conception,la réalisation,la formation,la vente,l'exportation,l'importation,la représentation,la location,la sous-location,le leasing,la maintenance,de tout produit ou service,ainsi que le conseil et l'audit dans les domaines de l'ingénierie et de l'informatique,notamment simulation numérique,systèmes mécaniques,électromécaniques,biomécaniques,transport(ferroviaire,routier),aéronautique,aérospatial
- 2/le dépôt,l'acquisition,la vente,la gestion de brevets,dessins,modèles,marques et autres droits intellectuels et patrimoniaux liés à ces thèmes
- 3/la conception,l'étude,la promotion et la réalisation de tous projets liés à ces thèmes
- 4/la conception,la fabrication,la production,la vente de système électromécanique
- 5/l'installation de machines et d'équipements industriels(Code Nacebel 33.200)
- 6/l'intermédiaire du commerce en produits divers(Code Nacebel 46.190)
- 7/le commerce de gros d'ordinateurs,d'équipement informatiques périphériques et de logiciels
- 8/l'édition d'autres logiciels(Code Nacebel 58.290)
- 9/le conseil informatique(Code Nacebel 62.020)
- 10/la programmation informatique(Code Nacebel 62.010)
- 11/la gestion d'installations informatiques(Code Nacebel 62.030)
- 12/toutes autres activités informatiques(Code Nacebel 62.090)
- 13/la conception,la réalisation,la maintenance,la gestion de portails internet(Code Nacebel 63.120)
- 14/les activités des marchands de biens immobiliers(Code Nacebel 68.100)
- 15/le conseil pour les affaires et autres conseils de gestion(Code Nacebel 70.220)
- 16/les activités d'ingénierie et de conseils techniques,à l'exclusion des activités des géomètres(Code Nacebel 71.121)
- 17/la conception et la réalisation de projets intéressant le génie électrique et électronique;le génie minier,chimique,mécanique et industriel,l'ingénierie de systèmes,les techniques de sécurité,etc.(Code Nacebel 71.12101)
- 18/la recherche-développement en biotechnologie(Code Nacebel 72110)
- 19/la recherche-développement en autres sciences physiques et naturelles(Code Nacebel 72.190)
- 20/les autres activités spécialisées,scientifiques et techniques(Code Nacebel 74.909)
- 21/l'organisation de salons professionnels et de congrès(Code Nacebel 82.300)
- 22/la formation professionnelle(Code Nacebel 85.592)
- 23/les autres formes d'enseignement(Code Nacebel 85.599)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- QUANDYGA ENGINEERING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, simple décision organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, 11” (deed in French)“13, portée aux frais généraux indépendamment des frais de représentation voyages et déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre actions nominatives avec mentions CSA” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “10, libre de céder tout ou partie librement” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission nouvelles actions, courrier électronique,ou courrier ordinaire même jour si pas d'adresse électronique” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, pouvoirs et émoluments” (deed in French)