QUEEN-K
ActiveQUEEN-K has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €850k and a net result of €102k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-11
Solvency69▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.59 in 2023; short-term debt: 8.5% and cash: 6.3% of total assets), and 56.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.5%
Return on assets
5.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
56 d late
2022
127 d late
2021
144 d late
2020
93 d early
2019
54 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€850k▲ 8.9%
2023 · €781k
2018: €241k
2019: €265k
2020: €391k
2021: €445k
2022: €533k
2023: €781k
2018 → 2024
Total assets
€1.95M▼ 3.0%
2023 · €2.01M
2018: €1.02M
2019: €996k
2020: €1.43M
2021: €1.88M
2022: €1.78M
2023: €2.01M
2018 → 2024
Net result
€102k▼ 63.7%
2023 · €282k
2018: €115k
2019: €24k
2020: €121k
2021: €53k
2022: €135k
2023: €282k
2018 → 2024
Working capital
€16k▼ 85.6%
2023 · €109k
2018: €210k
2019: €214k
2020: €134k
2021: €-234k
2022: €-132k
2023: €109k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€391k-€445k▲ 13.7%€533k▲ 20.0%€781k▲ 46.3%€850k▲ 8.9%
Operating result€198k-€102k▼ 48.6%€234k▲ 130%€452k▲ 93.1%€176k▼ 61.0%
Net result€121k-€53k▼ 55.9%€135k▲ 152%€282k▲ 109%€102k▼ 63.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 61% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.95M
Fixed assets
€1.77M▲ 3.0%
Current assets
€182k▼ 38.1%
Equity and liabilities €1.95M
Equity
€850k▲ 8.9%
Provisions
€24k▼ 4.0%
Debt
€1.08M▼ 10.7%
The debt ratio falls from 60.0% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€272k▼
2023 · €539k
Cash flow
€198k▼
2023 · €369k
Solvency
43.5%▲
2023 · 38.8%
Current ratio
1.09▼
2023 · 1.59
Quick ratio
0.97▼
2023 · 1.48
Debt / equity
1.27▼
2023 · 1.55
ROE
12.0%▼
2023 · 36.2%
ROA
5.2%▼
2023 · 14.0%
Interest coverage
9.90▼
2023 · 19.96
Debt
€1.08M▼
2023 · €1.21M
Debt ≤ 1 year
€166k▼
2023 · €185k
Debt > 1 year
€905k▼
2023 · €1.02M
Income taxes
€49k▼
2023 · €146k
Staff costs
€30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.01M€1.95M▼
Fixed assets21/28€1.72M€1.77M▲
Tangible fixed assets22/27€1.72M€1.77M▲
Land and buildings22€1.57M€1.54M▼
Plant, machinery and equipment23€16k€107k▲
Furniture and vehicles24€129k€122k▼
Current assets29/58€294k€182k▼
Stocks and contracts in progress3€20k€20k=
Stocks30/36€20k€20k=
Amounts receivable within one year40/41€37k€26k▼
Trade receivables40€37k-
Other amounts receivable41-€26k
Current investments50/53€12k€12k=
Cash at bank and in hand54/58€220k€124k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€2.01M€1.95M▼
Equity10/15€781k€850k▲
Contributions10/11€19k€19k=
Reserves13€755k€825k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€74k€71k▼
Distributable reserves133€679k€752k▲
Profit (loss) carried forward14€7k€7k=
Provisions and deferred taxes16€25k€24k▼
Deferred taxes168€25k€24k▼
Amounts payable17/49€1.21M€1.08M▼
Amounts payable after more than one year17€1.02M€905k▼
Financial debts170/4€894k€825k▼
Other amounts payable178/9€122k€80k▼
Amounts payable within one year42/48€185k€166k▼
Current portion of amounts payable after more than one year42€67k€69k▲
Trade debts44€14k€37k▲
Suppliers440/4€14k€37k▲
Taxes, remuneration and social security45€67k€27k▼
Taxes450/3€56k€18k▼
Remuneration and social security454/9€12k€9k▼
Other amounts payable47/48€37k€33k▼
Accrued charges and deferred income492/3€7k€8k▲
Income statement
Code20232024
Non-recurring operating income76A€8k-
Remuneration, social security and pensions62-€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€96k▲
Other operating charges640/8€5k€2k▼
Gross operating margin9900€544k€304k▼
Operating profit (loss)9901€452k€176k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€27k€27k▲
Recurring financial charges65€27k€27k▲
Profit (loss) for the period before taxes9903€427k€151k▼
Transfer from deferred taxes780€999€999=
Income taxes67/77€146k€49k▼
Profit (loss) for the period9904€282k€102k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€285k€105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€292k€112k▼
Profit (loss) brought forward from the previous period14P€7k€7k=
Transfer from equity791/2€35k€33k▼
Transfer to equity691/2€285k€105k▼
To other reserves6921€285k€105k▼
Profit to be distributed694/7€35k€33k▼
Return on contributions (dividend)694€35k€33k▼
Social balance
Average headcount (FTE)9087-1.4
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
14-09
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Director resignation
14-09
State Gazette act
General meeting · Director reappointment
Mandate compensation · Director resignation
14-09
State Gazette act
General meeting · Director reappointment
Mandate compensation · Director resignation
14-09
State Gazette act
General meeting · Director reappointment
Mandate compensation · Director resignation
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 56 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
31-12
Financial
Highest result since 2018net €282k ▲109%
Operating result €452k, net result €282k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.59
Current ratio from 0.54 to 1.59; short-term debt falls from €285k to €185k.
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 127 days late
2022
31-12
Financial
Equity above €500kEq €533k ▲20%
5 profitable years in a row build equity to €533k.
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 144 days late
04-10
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Director resignation
2021
31-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
31-12
Financial
Weakest financial yearnet €24k ▼79.2%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tervuren · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hertenbergstraat 553080 TervurenGround area
6,023 m²
Building footprint
260 m²
Volume, LiDAR
1,237 m³
Parcel 24302F0080/00C000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Queen-K
since 20112.198.037.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302F0080/00C000 | Flanders | 6,023 m² | 1 · 260 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
4 partiesQUEEN-KBE 0834.400.829
controls
Where this company holds controlthis company sits on their board4
1 location
1 location
1 location
1 location
Recognitions · licences · registrations
Legal Entity Identifier
87550081LOUNETY6IE26
Similar companies · same sector, comparable size
QUALITY IMMO
BE 0451.678.817
Antwerpen · Eq €851k
MERCURIUS
BE 0441.308.032
Asse · Eq €851k
LES VIVIERS PROPERTIES
BE 0478.721.229
Sint-Pieters-Woluwe · Eq €851k
IMMO BOUWTEAM
BE 0860.856.786
Deinze · Eq €851k
Covas
BE 0691.565.260
Leuven · Eq €852k
Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 3,933 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2011
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.