QUATTRO-PLUS
ActiveSummary
QUATTRO-PLUS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,550 and a net result of €901. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 81% of 2361 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+63
Solvency93▲+27
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.38 in 2024; short-term debt: 31.5% and cash: 11.9% of total assets), and 31.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
192021222425
2019 to 2025 · latest year €27,550
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 04-10-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
1 d early
2022
26 d early
2021
35 d early
2020
7 d late
2019
31 d early
2018
36 d 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 21 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 5 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€27,550▲ 3.4%
2024 · €26,649
Total assets
€40,248▼ 37.4%
2024 · €64,302
Net result
€901
2024 · -€5,120
Working capital
€6,472▼ 54.9%
2024 · €14,364
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result€1,929-€5,385€3,355-€4,334-€1,235
Net result€1,337within the sector's middle half-€6,057within the sector's middle half€2,639within the sector's middle half-€5,120within the sector's middle half-€901within the sector's middle half
Equity€28,158within the sector's middle half▲ 5.0%€22,101within the sector's middle half▼ 21.5%€24,740within the sector's middle half▲ 11.9%€26,649within the sector's middle half-€27,550within the sector's middle half▲ 3.4%
Total assets€73,486within the sector's middle half▲ 89.1%€69,800within the sector's middle half▼ 5.0%€73,302within the sector's middle half▲ 5.0%€64,302within the sector's middle half-€40,248below the sector's middle half▼ 37.4%
Debt€45,327▲ 277%€47,699▲ 5.2%€48,562▲ 1.8%€37,653-€12,698▼ 66.3%
Working capital-€647within the sector's middle half-€537within the sector's middle half▲ 17.0%€6,050within the sector's middle half€14,364within the sector's middle half-€6,472within the sector's middle half▼ 54.9%
Solvency38.3%within the sector's middle half▼ 30.7pp31.7%within the sector's middle half▼ 6.7pp33.8%within the sector's middle half▲ 2.1pp41.4%within the sector's middle half-68.5%above the sector's middle half▲ 27.0pp
Current ratio0.99within the sector's middle half▼ 1.380.99within the sector's middle half=1.12within the sector's middle half▲ 0.141.38within the sector's middle half-1.51within the sector's middle half▲ 0.13
Return on assets (ROA)1.8%within the sector's middle half▲ 31.3pp-8.7%below the sector's middle half▼ 10.5pp3.6%within the sector's middle half▲ 12.3pp-8.0%below the sector's middle half-2.2%within the sector's middle half▲ 10.2pp
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1,235 after a loss of €4,334 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,248
Fixed assets
€21,078 ▲ 71.6%
Current assets
€19,170 ▼ 63.1%
Equity and liabilities €40,248
Equity
€27,550 ▲ 3.4%
Debt
€12,698 ▼ 66.3%
Debt's share of the balance-sheet total falls from 58.6% to 31.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,442▲
2024 · -€1,877
Cash flow
€4,108▲
2024 · -€2,663
Quick ratio
0.87▼
2024 · 1.04
Debt to equity
0.46▼
2024 · 1.41
ROE
3.3%▲
2024 · -19.2%
Interest coverage
13.31▲
2024 · -2.39
Debt ≤ 1 year
€12,698▼
2024 · €37,653
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 17,039 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,168 | €6,168 | €3,948 | €2,457 | €3,207 | ▲ 30.5% |
| Other operating charges640/8 | - | - | €266 | €383 | €555 | ▲ 44.8% |
| Gross operating margin9900 | €8,350 | €1,048 | €7,569 | -€1,494 | €4,997 | ▲ 435% |
| Operating profit (loss)9901 | €1,929 | -€5,385 | €3,355 | -€4,334 | €1,235 | ▲ 128% |
| Financial charges65/66B | - | - | €716 | €786 | €334 | ▼ 57.6% |
| Recurring financial charges65 | €593 | €673 | €716 | €786 | €334 | ▼ 57.6% |
| Profit (loss) for the period before taxes9903 | €1,337 | -€6,057 | €2,639 | -€5,120 | €901 | ▲ 118% |
| Profit (loss) for the period9904 | €1,337 | -€6,057 | €2,639 | -€5,120 | €901 | ▲ 118% |
| Profit (loss) for the period to be appropriated9905 | €1,337 | -€6,057 | €2,639 | -€5,120 | €901 | ▲ 118% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73,486 | €69,800 | €73,302 | €64,302 | €40,248 | ▼ 37.4% |
| Fixed assets21/28 | €28,805 | €22,637 | €18,690 | €12,285 | €21,078 | ▲ 71.6% |
| Tangible fixed assets22/27 | €28,805 | €22,637 | €18,690 | €12,285 | €21,078 | ▲ 71.6% |
| Plant, machinery and equipment23 | - | - | €17,199 | €12,285 | €9,828 | ▼ 20.0% |
| Furniture and vehicles24 | - | - | €1,491 | - | €11,250 | - |
| Current assets29/58 | €44,680 | €47,163 | €54,612 | €52,017 | €19,170 | ▼ 63.1% |
| Stocks and contracts in progress3 | €13,298 | €11,384 | €17,024 | €12,884 | €8,166 | ▼ 36.6% |
| Stocks30/36 | - | - | €17,024 | €12,884 | €8,166 | ▼ 36.6% |
| Amounts receivable within one year40/41 | €20,327 | €18,101 | €20,853 | €15,067 | €6,222 | ▼ 58.7% |
| Trade receivables40 | - | - | €20,853 | €15,067 | €5,955 | ▼ 60.5% |
| Other amounts receivable41 | - | - | - | - | €267 | - |
| Cash at bank and in hand54/58 | €11,056 | €17,678 | €16,736 | €24,065 | €4,782 | ▼ 80.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73,486 | €69,800 | €73,302 | €64,302 | €40,248 | ▼ 37.4% |
| Equity10/15 | €28,158 | €22,101 | €24,740 | €26,649 | €27,550 | ▲ 3.4% |
| Contributions10/11 | €39,600 | €39,600 | €39,600 | €39,600 | €39,600 | = |
| Capital10 | - | - | €39,600 | - | - | - |
| Issued capital100 | - | - | €63,600 | - | - | - |
| Uncalled capital101 | - | - | €24,000 | - | - | - |
| Outside capital11 | - | - | - | €39,600 | €39,600 | = |
| Other1109/19 | - | - | - | €39,600 | €39,600 | = |
| Profit (loss) carried forward14 | -€11,442 | -€17,499 | -€14,860 | -€12,952 | -€12,050 | ▲ 7.0% |
| Amounts payable17/49 | €45,327 | €47,699 | €48,562 | €37,653 | €12,698 | ▼ 66.3% |
| Amounts payable within one year42/48 | €45,327 | €47,699 | €48,562 | €37,653 | €12,698 | ▼ 66.3% |
| Trade debts44 | €6,724 | €7,292 | €9,595 | €468 | €24 | ▼ 94.8% |
| Suppliers440/4 | - | - | €9,595 | €468 | €24 | ▼ 94.8% |
| Taxes, remuneration and social security45 | - | - | €473 | €1,487 | - | - |
| Taxes450/3 | - | - | €473 | €1,487 | - | - |
| Other amounts payable47/48 | - | - | €38,495 | €35,699 | €12,674 | ▼ 64.5% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,337 | -€6,057 | €2,639 | -€5,120 | €901 | ▲ 118% |
| + Depreciation and write-downs630 | €6,168 | €6,168 | €3,948 | €2,457 | €3,207 | ▲ 30.5% |
| Operating cash flow (approximation) | €7,504 | €110 | €6,587 | -€2,663 | €4,108 | ▲ 254% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | -€12,000 | - |
| Change in cash | - | €6,622 | -€942 | - | -€19,284 | - |
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
2025
04-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €901
Net result €901 after one loss-making year.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €2,639
Net result €2,639 after one loss-making year.
2021
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
31-03
Financial
Back to profitnet €1,337
Net result €1,337 after one loss-making year.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
10-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Laureins · 1 establishment unit since 2000
Ground area
976 m²
Building footprint
178 m²
Parcel 43015B0537/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Groenendijk(STM) 2, 9981 Sint-Laureins
since 20002.131.850.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43015B0537/00B000 | Flanders | 976 m² | 1 · 178 m² | - |
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 832 companies in sector 93127 we hold annual accounts for 198. 154 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
Founded17-10-2000
Fiscal year end31-03
Activities, NACEBEL 2025
93127Equestrian clubs
46423Wholesale of clothing, excluding workwear and underwear
46496Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473050390
Also
9925:BE0473050390
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.