QUARTZIMO
ActiveSummary
QUARTZIMO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €581,117 and a net result of -€32,406. Equity has been growing by about 28% per year since 2019. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-11-1992 Normal situation
- Registered office
- 12 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.064.858.992 1400 Nivelles, since 29-12-1993
- Financial year end
- 31 October
- Peppol
- Reachable since 02-07-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- -€18,961
- ▼ 38.0%
- Loss
- €32,406
- ▲ 6.5%
- Equity
- €581,117
- ▼ 5.3%
- Total assets
- €650,328
- ▼ 8.3%
- 2025 accounts filed 19 days after the deadline
Score breakdownraises riskLoss of €32,406, the second in a row (financial year 2025)lowers riskSize: total assets €650,328Equity €581,117 (89.4% of total assets)Liquidity: current ratio 13.13, cash €125,454, halvedShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 81% of them on solvency, 69% on liquidity, 13% on profitability and 30% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 6 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 19 days after the deadline Filed on 19 June 2026, deadline 31 May 2026 (7 months after the close on 31 October 2025, Companies Code art. 3:10). Source: NBB, 2026-00179360.
Annual accounts 2025 filed on 19-06-2026 at the NBB all 32 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €32,582, larger than the loss of €26,694 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,101 | €27,712 | €16,567 | €9,810 | €9,810 | €9,810 | €9,810 | = |
| Other operating charges640/8 | - | - | €6,709 | €42,507 | €7,744 | €3,143 | €3,811 | ▲ 21.3% |
| Gross operating margin9900 | €20,953 | -€1,810 | €324,850 | €536,877 | -€26,440 | -€13,742 | -€18,961 | ▼ 38.0% |
| Operating profit (loss)9901 | -€14,533 | -€35,363 | €301,574 | €484,560 | -€43,995 | -€26,694 | -€32,582 | ▼ 22.1% |
| Financial income75/76B | - | - | - | €7,105 | €18,250 | €375 | €3,354 | ▲ 794% |
| Recurring financial income75 | - | €3 | - | €7,105 | €18,250 | €375 | €3,354 | ▲ 794% |
| Financial charges65/66B | - | - | €8,505 | €5,726 | €4,935 | €4,095 | €3,178 | ▼ 22.4% |
| Recurring financial charges65 | €8,133 | €7,299 | €8,505 | €5,726 | €4,935 | €4,095 | €3,178 | ▼ 22.4% |
| Profit (loss) for the period before taxes9903 | -€22,666 | -€42,659 | €293,070 | €485,939 | -€30,680 | -€30,415 | -€32,406 | ▼ 6.5% |
| Transfer from deferred taxes780 | - | - | €37,446 | - | - | - | - | - |
| Income taxes67/77 | €153 | €120 | €114,934 | €162,308 | €0 | €0 | - | - |
| Profit (loss) for the period9904 | -€20,220 | -€40,180 | €215,581 | €323,631 | -€30,680 | -€30,415 | -€32,406 | ▼ 6.5% |
| Transfer from tax-exempt reserves789 | - | - | €89,145 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€14,033 | -€33,993 | €304,726 | €323,631 | -€30,680 | -€30,415 | -€32,406 | ▼ 6.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.4m | €0.4m | €0.7m | €1.0m | €0.8m | €0.7m | €0.7m | ▼ 8.3% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 4.2% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 4.2% |
| Land and buildings22 | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 4.2% |
| Plant, machinery and equipment23 | - | - | €0.003m | - | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.02m | €0.01m | €0.4m | €0.7m | €0.5m | €0.5m | €0.4m | ▼ 10.3% |
| Amounts receivable after more than one year29 | - | - | - | €0.7m | €0.05m | - | €0.3m | - |
| Other amounts receivable291 | - | - | - | €0.7m | €0.05m | - | €0.3m | - |
| Amounts receivable within one year40/41 | - | - | €0.02m | - | - | €0.07m | €0.05m | ▼ 23.1% |
| Trade receivables40 | - | - | €0.02m | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | - | - | €0.07m | €0.05m | ▼ 23.1% |
| Cash at bank and in hand54/58 | €0.02m | €0.009m | €0.3m | €0.008m | €0.5m | €0.4m | €0.1m | ▼ 69.4% |
| Deferred charges and accrued income490/1 | - | - | €0.04m | - | - | - | €0.001m | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €0.7m | €1.0m | €0.8m | €0.7m | €0.7m | ▼ 8.3% |
| Equity10/15 | €0.2m | €0.1m | €0.4m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 5.3% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.1m | €0.1m | €0.3m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Legal reserve130 | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Distributable reserves133 | - | - | €0.3m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | €0.002m | -€0.03m | -€0.03m | -€0.03m | -€0.06m | -€0.09m | -€0.1m | ▼ 34.8% |
| Provisions and deferred taxes16 | €0.04m | €0.04m | - | - | - | - | - | - |
| Amounts payable17/49 | €0.2m | €0.2m | €0.4m | €0.3m | €0.1m | €0.1m | €0.07m | ▼ 27.6% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.1m | €0.08m | €0.06m | €0.04m | ▼ 38.3% |
| Financial debts170/4 | - | - | €0.1m | €0.1m | €0.08m | €0.05m | €0.03m | ▼ 41.7% |
| Other amounts payable178/9 | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Amounts payable within one year42/48 | €0.06m | €0.09m | €0.2m | €0.2m | €0.04m | €0.04m | €0.03m | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 4.2% |
| Trade debts44 | €0.001m | €0.01m | €0.003m | €0.003m | €0.004m | €0.002m | €0.004m | ▲ 79.4% |
| Suppliers440/4 | - | - | €0.003m | €0.003m | €0.004m | €0.002m | €0.004m | ▲ 79.4% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.2m | - | - | - | - |
| Taxes450/3 | - | - | €0.1m | €0.2m | - | - | - | - |
| Other amounts payable47/48 | - | - | €0.09m | €0.04m | €0.02m | €0.01m | €0.006m | ▼ 52.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,220 | -€40,180 | €215,581 | €323,631 | -€30,680 | -€30,415 | -€32,406 | ▼ 6.5% |
| + Depreciation and write-downs630 | €28,101 | €27,712 | €16,567 | €9,810 | €9,810 | €9,810 | €9,810 | = |
| Operating cash flow (approximation) | €7,881 | -€12,468 | €232,148 | €333,441 | -€20,870 | -€20,605 | -€22,596 | ▼ 9.7% |
| Investment in fixed assets (approximation) | - | -€2,240 | €34,557 | €83,168 | €0 | €0 | €0 | - |
| Change in cash | - | -€8,702 | €295,992 | -€296,693 | €464,345 | -€62,446 | -€284,548 | ▼ 356% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as QUARTZIMO has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of QUARTZIMO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for QUARTZIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-10-2025 | abbreviated format | 19-06-2026 | 2026-00179360 | |
| 31-10-2024 | micro format | 28-05-2025 | 2025-00110825 | |
| 31-10-2023 | micro format | 31-05-2024 | 2024-00104636 | |
| 31-10-2022 | micro format | 30-05-2023 | 2023-00100650 | |
| 31-10-2021 | micro format | 15-06-2022 | 2022-20064627 | |
| 31-10-2020 | micro format | 09-06-2021 | 2021-18600256 | |
| 31-10-2019 | micro format | 02-06-2020 | 2020-13900535 | |
| 31-10-2018 | micro format | 20-05-2019 | 2019-14000035 | |
| 31-10-2017 | micro format | 16-04-2018 | 2018-10300067 | |
| 31-10-2016 | full format | 02-10-2017 | 2017-65100020 |
Board & ownership
Directors
Board 2
Day-to-day management 2
Owners and capital
Owners
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Marc Coolen |
|
| Marie Felix |
|
Network & group
QUARTZIMO shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of QUARTZIMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-07
Gazette deed
Reappointments: Marie Felix (director) and Marc Coolen (director)Appointments: Marc Coolen (managing director and chair of the board) and Marie Felix (managing director and chair of the board) · Director discharge10 points ▸
- General meeting, 18-06-2026
- Director reappointment, Marie Felix (director)
- Director reappointment, Marc Coolen (director)
- Other provision, “depuis leur dernière nomination jusqu'à ce jour, ratification des décisions des administrateurs” (deed in French)
- Other provision, “unanimité, adoption des résolutions” (deed in French)
- Board meeting, 18-06-2026
- Director discharge, Marc Coolen (managing director)
- Director discharge, Marie Felix (managing director)
- Director appointment, Marc Coolen (managing director and chair of the board)
- Director appointment, Marie Felix (managing director and chair of the board)
02-08
Gazette deed
Registered office moved from Forest to Nivelles2 points ▸
- General meeting, 17-07-2023
- Registered-office move, Rue de l'Industrie 30 E 1400 Nivelles
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Avenue Van Volxem 196, 1190 Forest until the act of 02-08-2023
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25099D0027/00W000 | Wallonia | 6.1 ha | 1 · 1.9 ha | 13.9 m · 3 |