Quartech

Active

Private limited companyfounded 20242 yrs activeBrugsestraat 54, 8211 Zedelgem, BelgiumKBO/BCE: BE 1007.798.920

Quartech has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €68k. Its solvency ranks better than 53% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

90 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+2

Solvency88▲+34

Growth78

Track record82

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days only on tighter terms

Liquidity ample (current ratio 3.43 against 1.5 in 2024; short-term debt: 21.9% and cash: 51.8% of total assets), and 37.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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

62.5%

Return on assets

44.5%

Age of the figures

12 mo

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

7 d early

2024

2 d early

← before the deadline after the deadline →

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

23-09-2026 today30-09-2026 close30-04-2027 deadline

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

€95k▲ 246%

2024 · €28k

2024: €28k

2024 → 2025

Total assets

€153k▲ 59.8%

2024 · €96k

2024: €96k

2024 → 2025

Net result

€68k▲ 201%

2024 · €23k

2024: €23k

2024 → 2025

Working capital

€81k▲ 358%

2024 · €18k

2024: €18k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€28k-€95k▲ 246%

Operating result€30k-€88k▲ 196%

Net result€23k-€68k▲ 201%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 196% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €153k

24.7%

75.3%

Fixed assets €38k▼ 10.2%

Current assets €115k▲ 115%

Equity and liabilities €153k

62.5%

37.5%

Equity €95k▲ 246%

Debt €57k▼ 15.8%

The debt ratio falls from 71.1% to 37.5%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€98k▲

2024 · €34k

Cash flow

€78k▲

2024 · €27k

Solvency

62.5%▲

2024 · 28.9%

Current ratio

3.43▲

2024 · 1.50

Quick ratio

3.43▲

2024 · 1.50

Debt / equity

0.60▼

2024 · 2.47

ROE

71.1%▼

2024 · 81.9%

ROA

44.5%▲

2024 · 23.6%

Interest coverage

58.71▲

2024 · 38.28

Debt

€57k▼

2024 · €68k

Debt ≤ 1 year

€33k▼

2024 · €36k

Debt > 1 year

€24k▼

2024 · €32k

Income taxes

€18k▲

2024 · €6k

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€96k€153k▲

Fixed assets21/28€42k€38k▼

Tangible fixed assets22/27€42k€38k▼

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€39k€36k▼

Current assets29/58€54k€115k▲

Amounts receivable within one year40/41€14k€22k▲

Trade receivables40€14k€22k▲

Cash at bank and in hand54/58€38k€79k▲

Deferred charges and accrued income490/1€2k€14k▲

Equity and liabilities

Total equity and liabilities10/49€96k€153k▲

Equity10/15€28k€95k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€23k€90k▲

Amounts payable17/49€68k€57k▼

Amounts payable after more than one year17€32k€24k▼

Financial debts170/4€32k€24k▼

Amounts payable within one year42/48€36k€33k▼

Current portion of amounts payable after more than one year42€8k€8k▲

Trade debts44€2k€2k▼

Suppliers440/4€2k€2k▼

Taxes, remuneration and social security45€11k€21k▲

Taxes450/3€8k€18k▲

Remuneration and social security454/9€2k€2k=

Other amounts payable47/48€15k€3k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€10k▲

Other operating charges640/8€77€544▲

Gross operating margin9900€34k€98k▲

Operating profit (loss)9901€30k€88k▲

Financial income75/76B€0€6▲

Recurring financial income75€0€6▲

Financial charges65/66B€890€2k▲

Recurring financial charges65€890€2k▲

Profit (loss) for the period before taxes9903€29k€86k▲

Income taxes67/77€6k€18k▲

Profit (loss) for the period9904€23k€68k▲

Profit (loss) for the period to be appropriated9905€23k€68k▲

Appropriation of the result

Profit (loss) to be appropriated9906€23k€90k▲

Profit (loss) brought forward from the previous period14P-€23k

The notes to these accounts (6 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

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 30-04-2027

2026

23-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Liquidity doublescurrent ratio 3.43

Current ratio from 1.50 to 3.43; short-term debt falls from €36k to €33k.

28-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Zedelgem · 1 establishment unit since 2024

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.

Brugsestraat 548211 Zedelgem

Ground area

486 m²

Building footprint

156 m²

Volume, LiDAR

882 m³

Parcel 31001B1166/00S006, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Quartech

Brugsestraat 54, 8211 ZedelgemComputer programming, consultancy and related activities

since 20242.357.964.783

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31001B1166/00S006	Flanders	486 m²	1 · 156 m²	11.2 m · 2 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

Dendermonde · Eq €95k

Blue Birch Company

BE 0799.815.973

Herzele · Eq €96k

Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 15,578 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-03-2024

Fiscal year end30-09

Activities, NACEBEL

62020IT consultancy

62200Computer consultancy and computer facilities management

43211General electrical installation work

62010Computer programming, consultancy and related activities

62100Computer programming

64200Holdings

64210Activities of holding companies

70100Activities of head offices

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.