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QUARTIER VERWARMING

Active
Private limited companyfounded 2006active for 20 yearsPieter Verhaeghestraat 26, 8520 Kuurne, BelgiumKBO/BCE: BE 0883.343.564
Summary

QUARTIER VERWARMING has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,215 and a net result of €4,225. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 25% of 9,592 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
4th fastest staff growth in Kuurne1 site
Size
€281,258total assets 2025
Staff
18.5 FTE
Equity
€68,215
Profit
€4,225
Turnover not published (abbreviated format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
QUARTIER · 100%
Accounts 51 days early0 of 3 deeds read
Why 64raises riskSize: 18.5 FTE, total assets €281,258Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.32, cash €4,767lowers riskFounded in 2006Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 26% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency 49=
equity 24.3% of total assets
Liquidity 11-1
short-term debt 75.7% · cash 1.7%
Profitability 41-31
return on assets 1.5%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,644 companies, NACE 43, small)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● unchanged vs 11-2024lowest value 01-2025: 1.0%▲ +0.5 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.1%▲ +0.1 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 1.1%▼ -0.1 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.32, compared with 1.32 in 2024, below the usual 1.5; short-term debt: 75.7% and cash: 1.7% of total assets), and 75.7% of the assets are financed with debt and provisions.
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 43, small): better than 28% on solvency, 5% on liquidity, 18% on profitability and 52% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Size: 18.5 FTE, total assets €281,258
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.32, cash €4,767
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €68,215
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
132 days early
2023
132 days early
2022
55 days early
2021
38 days early
2020
50 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 67 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 6 March (4 of the last 5 filed years within 76 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end13-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: 4th fastest staff growth in Kuurnein the Checked rankings No. 4 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by QUARTIERultimately: JT HOLDCO 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €4,225 7 years View

By topic

Financials

Financial year
2025
Total assets
€281,258
Profit
€4,225
Solvency
24.3%
Total assets▲ 6.6%
Net result
20192025
Go to Financials

Timeline

Events
20
Since
2008
Next accounts
by 30-04-2027
  1. 30-09-2023Highest result from 2019 to 2025
  2. 06-03-2023Annual accounts filed
  3. 23-03-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
06-09-2006
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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