Summary
QUBAL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €38k and a net result of €-2k. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Axes, FY 2018
Profitability26
Solvency94
Growth-
Track record85
Bankruptcy probability, 12 months
0.1%
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 2018Solvency, return and age of the figures
Solvency
69.5%
Return on assets
-4.5%
Age of the figures
93 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 03-07-2019, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2018
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, abbreviated schema
Equity
€38k
Total assets
€55k
Net result
€-2k
Working capital
€25k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €55k
Fixed assets
€20k
Current assets
€35k
Equity and liabilities €55k
Equity
€38k
Debt
€17k
Debt finances 30.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€10k
Cash flow
€9k
Current ratio
3.67
Debt to equity
0.19
ROE
-6.5%
ROA
-4.5%
Debt ≤ 1 year
€10k
Debt > 1 year
€7k
Income taxes
€459
Filed annual accounts As filed with the NBB · 2018 · 31 lines
Balance sheet
Code2018
Assets
Total assets20/58€55k
Formation expenses20€0
Fixed assets21/28€20k
Intangible fixed assets21€0
Tangible fixed assets22/27€20k
Financial fixed assets28€0
Current assets29/58€35k
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€15k
Current investments50/53€0
Cash at bank and in hand54/58€18k
Equity and liabilities
Total equity and liabilities10/49€55k
Equity10/15€38k
Contributions10/11€5k
Reserves13€38k
Profit (loss) carried forward14€-5k
Provisions and deferred taxes16€0
Amounts payable17/49€17k
Amounts payable after more than one year17€7k
Amounts payable within one year42/48€10k
Trade debts44€2k
Income statement
Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k
Gross operating margin9900€10k
Operating profit (loss)9901€-1k
Recurring financial income75€0
Recurring financial charges65€571
Profit (loss) for the period before taxes9903€-2k
Income taxes67/77€459
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Return on contributions (dividend)694€0
Accounts by statement
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k |
| Gross operating margin9900 | €10k |
| Operating profit (loss)9901 | €-1k |
| Recurring financial income75 | €0 |
| Recurring financial charges65 | €571 |
| Profit (loss) for the period before taxes9903 | €-2k |
| Income taxes67/77 | €459 |
| Profit (loss) for the period9904 | €-2k |
| Profit (loss) for the period to be appropriated9905 | €-2k |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €55k | |
| Formation expenses20 | €0 | |
| Fixed assets21/28 | €20k | |
| Intangible fixed assets21 | €0 | |
| Tangible fixed assets22/27 | €20k | |
| Financial fixed assets28 | €0 | |
| Current assets29/58 | €35k | |
| Stocks and contracts in progress3 | €0 | |
| Amounts receivable within one year40/41 | €15k | |
| Current investments50/53 | €0 | |
| Cash at bank and in hand54/58 | €18k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €55k | |
| Equity10/15 | €38k | |
| Contributions10/11 | €5k | |
| Reserves13 | €38k | |
| Profit (loss) carried forward14 | €-5k | |
| Provisions and deferred taxes16 | €0 | |
| Amounts payable17/49 | €17k | |
| Amounts payable after more than one year17 | €7k | |
| Amounts payable within one year42/48 | €10k | |
| Trade debts44 | €2k | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €-2k |
| + Depreciation and write-downs630 | €11k |
| Operating cash flow (approximation) | €9k |
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
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
NBB filing
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Anzegem · 1 establishment unit since 2010
Ground area
989 m²
Building footprint
147 m²
Volume, LiDAR
1,107 m³
Parcel 34037A1040/00C003, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Qubal
since 20102.185.270.537
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34037A1040/00C003 | Flanders | 989 m² | 1 · 147 m² | 11.4 m · 3 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.
Similar companies · same sector, comparable size
BELAM
BE 1003.275.750
Mortsel · Eq €38,277
PROMACIS
BE 0438.329.538
Zutendaal · Eq €38,099
Vital Signs
BE 0729.867.887
Waregem · Eq €38,030
MANOR GATE
BE 1010.713.175
Zemst · Eq €37,980
DIGITAL DYNAMICS
BE 0738.530.383
Dalhem · Eq €38,556
Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,298 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded07-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
Scores and ratios are computed by Checked and are not a credit decision.