Quatsch
ActiveSummary
Quatsch has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-5k. Equity is shrinking by ~19.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 48% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency83▲+13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
57.6%
Return on assets
-43.1%
Age of the figures
9 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
9 d early
2023
30 d early
2022
42 d early
2021
38 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 42.8%
2024 · €12k
2018: €52k
2019: €56k▲ +6.7% vs 2018
2020: €56k▲ +0.5% vs 2019highest in 8 years
2021: €54k▼ -3.0% vs 2020
2022: €31k▼ -43.2% vs 2021
2023: €23k▼ -24.9% vs 2022
2024: €12k▼ -48.9% vs 2023
2025: €7k▼ -42.8% vs 2024lowest in 8 years
2018 → 2025
Total assets
€12k▼ 55.0%
2024 · €26k
2018: €55k
2019: €59k▲ +8.7% vs 2018
2020: €59k▼ -0.3% vs 2019
2021: €61k▲ +2.5% vs 2020highest in 8 years
2022: €53k▼ -12.8% vs 2021
2023: €32k▼ -40.4% vs 2022
2024: €26k▼ -17.4% vs 2023
2025: €12k▼ -55.0% vs 2024lowest in 8 years
2018 → 2025
Net result
€-5k▲ 27.8%
2024 · €-7k
2018: €4k
2019: €4k▲ +9.5% vs 2018highest in 8 years
2020: €1k▼ -75.0% vs 2019
2021: €-866▼ -181% vs 2020
2022: €-6k▼ -639% vs 2021
2023: €-4k▲ +41.6% vs 2022
2024: €-7k▼ -87.0% vs 2023lowest in 8 years
2025: €-5k▲ +27.8% vs 2024
2018 → 2025
Working capital
€5k▼ 67.8%
2024 · €15k
2018: €49k
2019: €53k▲ +7.7% vs 2018
2020: €56k▲ +5.3% vs 2019
2021: €56k▲ +0.1% vs 2020highest in 8 years
2022: €32k▼ -43.0% vs 2021
2023: €24k▼ -25.8% vs 2022
2024: €15k▼ -37.6% vs 2023
2025: €5k▼ -67.8% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€31k▼ 43.2%€23k▼ 24.9%€12k▼ 48.9%€7k▼ 42.8%
2021: €54khighest in 5 years
2022: €31k▼ -43.2% vs 2021
2023: €23k▼ -24.9% vs 2022
2024: €12k▼ -48.9% vs 2023
2025: €7k▼ -42.8% vs 2024lowest in 5 years
Operating result€-4k-€-8k▼ 101%€-6k▲ 24.8%€-7k▼ 6.9%€-5k▲ 31.3%
2021: €-4khighest in 5 years
2022: €-8k▼ -101% vs 2021lowest in 5 years
2023: €-6k▲ +24.8% vs 2022
2024: €-7k▼ -6.9% vs 2023
2025: €-5k▲ +31.3% vs 2024
Net result€-866-€-6k▼ 639%€-4k▲ 41.6%€-7k▼ 87.0%€-5k▲ 27.8%
2021: €-866highest in 5 years
2022: €-6k▼ -639% vs 2021
2023: €-4k▲ +41.6% vs 2022
2024: €-7k▼ -87.0% vs 2023lowest in 5 years
2025: €-5k▲ +27.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€2k ▲ 244%
Current assets
€10k ▼ 61.9%
Equity and liabilities €12k
Equity
€7k ▼ 42.8%
Debt
€5k ▼ 65.1%
Debt's share of the balance-sheet total falls from 54.7% to 42.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-7k
Cash flow
€-4k▲
2024 · €-7k
Current ratio
1.96▼
2024 · 2.37
Debt to equity
0.74▼
2024 · 1.21
ROE
-74.7%▼
2024 · -59.2%
ROA
-43.1%▼
2024 · -26.8%
Interest coverage
-18.93▲
2024 · -28.09
Debt ≤ 1 year
€5k▼
2024 · €11k
Income taxes
€211▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€12k▼
Fixed assets21/28€585€2k▲
Tangible fixed assets22/27€252€2k▲
Furniture and vehicles24€58€2k▲
Other tangible fixed assets26€194€129▼
Financial fixed assets28€333€333=
Current assets29/58€25k€10k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€0€347▲
Cash at bank and in hand54/58€17k€4k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€26k€12k▼
Equity10/15€12k€7k▼
Contributions10/11€6k€6k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€6k€487▼
Amounts payable17/49€14k€5k▼
Amounts payable within one year42/48€11k€5k▼
Financial debts43€0€88▲
Credit institutions430/8€0€88▲
Trade debts44€986€643▼
Suppliers440/4€986€643▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€8k€3k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135€835▲
Other operating charges640/8€537€554▲
Gross operating margin9900€-6k€-3k▲
Operating profit (loss)9901€-7k€-5k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€236€201▼
Recurring financial charges65€236€201▼
Profit (loss) for the period before taxes9903€-7k€-5k▲
Income taxes67/77€0€211▲
Profit (loss) for the period9904€-7k€-5k▲
Profit (loss) for the period to be appropriated9905€-7k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€487▼
Profit (loss) brought forward from the previous period14P€13k€6k▼
Transfer from equity791/2€4k€0▼
Profit to be distributed694/7€4k€0▼
Return on contributions (dividend)694€4k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €414 | €349 | €135 | €835 | ▲ 519% |
| Other operating charges640/8 | €478 | €485 | €529 | €537 | €554 | ▲ 3.0% |
| Gross operating margin9900 | €-3k | €-7k | €-5k | €-6k | €-3k | ▲ 46.6% |
| Operating profit (loss)9901 | €-4k | €-8k | €-6k | €-7k | €-5k | ▲ 31.3% |
| Financial income75/76B | €3k | €3k | €2k | €0 | - | - |
| Recurring financial income75 | €3k | €3k | €2k | €0 | - | - |
| Financial charges65/66B | €152 | €209 | €279 | €236 | €201 | ▼ 14.8% |
| Recurring financial charges65 | €152 | €209 | €279 | €236 | €201 | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €-1k | €-5k | €-5k | €-7k | €-5k | ▲ 30.8% |
| Income taxes67/77 | €-489 | €1k | €-1k | €0 | €211 | - |
| Profit (loss) for the period9904 | €-866 | €-6k | €-4k | €-7k | €-5k | ▲ 27.8% |
| Profit (loss) for the period to be appropriated9905 | €-866 | €-6k | €-4k | €-7k | €-5k | ▲ 27.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61k | €53k | €32k | €26k | €12k | ▼ 55.0% |
| Fixed assets21/28 | €1k | €1k | €720 | €585 | €2k | ▲ 244% |
| Tangible fixed assets22/27 | €940 | €736 | €387 | €252 | €2k | ▲ 565% |
| Furniture and vehicles24 | €551 | €412 | €128 | €58 | €2k | ▲ 2,585% |
| Other tangible fixed assets26 | €389 | €324 | €259 | €194 | €129 | ▼ 33.4% |
| Financial fixed assets28 | €333 | €333 | €333 | €333 | €333 | = |
| Current assets29/58 | €59k | €52k | €31k | €25k | €10k | ▼ 61.9% |
| Amounts receivable within one year40/41 | €53k | €50k | €28k | €6k | €3k | ▼ 48.0% |
| Trade receivables40 | €2k | €1k | €3k | €6k | €3k | ▼ 53.8% |
| Other amounts receivable41 | €51k | €48k | €25k | €0 | €347 | - |
| Cash at bank and in hand54/58 | €5k | €124 | €728 | €17k | €4k | ▼ 75.8% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €2k | €2k | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61k | €53k | €32k | €26k | €12k | ▼ 55.0% |
| Equity10/15 | €54k | €31k | €23k | €12k | €7k | ▼ 42.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €26k | €10k | €4k | €0 | - | - |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €24k | €8k | €4k | €0 | - | - |
| Profit (loss) carried forward14 | €22k | €14k | €13k | €6k | €487 | ▼ 91.2% |
| Amounts payable17/49 | €7k | €22k | €8k | €14k | €5k | ▼ 65.1% |
| Amounts payable within one year42/48 | €4k | €20k | €7k | €11k | €5k | ▼ 53.8% |
| Financial debts43 | €3 | €214 | €130 | €0 | €88 | - |
| Credit institutions430/8 | €3 | €214 | €130 | €0 | €88 | - |
| Trade debts44 | €0 | €577 | €455 | €986 | €643 | ▼ 34.8% |
| Suppliers440/4 | €0 | €577 | €455 | €986 | €643 | ▼ 34.8% |
| Taxes, remuneration and social security45 | €3k | €2k | €3k | €2k | €1k | ▼ 24.2% |
| Taxes450/3 | €3k | €2k | €3k | €2k | €1k | ▼ 24.2% |
| Other amounts payable47/48 | €800 | €17k | €4k | €8k | €3k | ▼ 63.1% |
| Accrued charges and deferred income492/3 | €3k | €2k | €1k | €3k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-866 | €-6k | €-4k | €-7k | €-5k | ▲ 27.8% |
| + Depreciation and write-downs630 | €1k | €414 | €349 | €135 | €835 | ▲ 519% |
| Operating cash flow (approximation) | €261 | €-6k | €-3k | €-7k | €-4k | ▲ 38.5% |
| Investment in fixed assets (approximation) | - | €-210 | €0 | €0 | €-2k | - |
| Change in cash | - | €-5k | €604 | €17k | €-13k | ▼ 179% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 52.83
Current ratio from 14.83 to 52.83; short-term debt falls from €4k to €1k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €4k ▲9.5%
Operating result €4k, net result €4k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Lubbeek · 1 establishment unit since 2009
Ground area
452 m²
Building footprint
79 m²
Volume, LiDAR
465 m³
Parcel 24090B0250/00P000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Quatsch
since 20092.181.268.494
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24090B0250/00P000 | Flanders | 452 m² | 1 · 79 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 3,539 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.