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QueenCars

Active Private limited companyfounded 2023active for 3 yearsTerlinden 38, 1785 MerchtemKBO/BCE: BE 0801.934.236

Lifetime

3 annual accounts with figures on one time axis
peak €10,527 (2025)
€10,527▲ 12×
lowest -€2,539 (2023)
€10,288▲ 13×
peak €13,541 (2025)
€13,541▲ 316%
€6,094▲ 315%
Board1 name since 2023
Documentsfilings and deeds
03-08-20263 days late
2025abbreviated format
Gross margin from €887 to €10,527Result from €792 to €10,288Registered office moved to Merchtem 17-03Equity from €3,253 to €13,541Debts from €1,468 to €6,094Cash from €4,216 to €8,040

Key points

from the 2025 annual accounts

Turnover

≈ €31,000 estimated

The accounts state no turnover.

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2023 accounts came latest: 17 days after the end of the period.

Position in the sector

€13,541

Less equity than 81% of companies in rental and leasing. Sector median €257,142 · 1,142 companies.

Checked score

70
Healthy
Financially stronger than 90% of micro companies in rental and leasing (NACE 77)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5%lowest value 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 1.5%▲ +0.9 percentage points vs 03-2025 05-2025: 1.7%▲ +0.2 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.8%▲ +0.1 percentage points vs 06-2025 08-2025: 2.6%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -1.8 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.2 percentage points vs 03-2026 05-2026: 1.2%▲ +0.2 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.8 percentage points vs 07-2026 09-2026: 0.9%▼ -1.2 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026

Financial strength
Strong

94=equity 69.0% of total assets
87=short-term debt 31.0% · cash 40.9%
100+21return on assets 52.4%

Score breakdown

raises risk
Founded in 2023
1 change of registered office in 24 months
Size: total assets €19,635
lowers risk
Liquidity: current ratio 3.22, cash €8,040
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 (NACE 77, micro). It does better than 79% of them on solvency, 90% on liquidity, 95% on profitability and 97% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as QueenCars has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of QueenCars itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for QueenCars. 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.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.22, above the usual 1.5. Short-term debt is 31% and cash 40.9% of total assets. 31% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 3.22, cash €8,040
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €19,635
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
3 days late
2024
1 day late
2023
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 7 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

  • QUINN Jeremy Jacques Patrick 100 sharesdeed of 24-05-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0801934236
Registered office moved to Merchtem New registered office: Terlinden 38, 1785 Merchtem · “De import,export,vertegenwoordiging,aan-en verkoop van alle nieuwe en gebruikte…” (deed in Dutch) · General meeting of 26-02-2025 · Gazette deed
Incorporation Founding capital of €5,000, 100 shares · Founder: QUINN Jeremy Jacques Patrick · Appointment: QUINN Jeremy Jacques Patrick (director) · published on 24-05-2023 · Gazette deed
First establishment Alsembergsesteenweg 34, Linkebeek
All 9 events

Comparable companies

same main activity, similar in size and age
Company
QueenCars Merchtem €19,635 €10,527 69.0% -
NO-LAG SERVICES Lint €23,144 €12,765 58.9% -
Wijle Weg Halle €32,396 €6,922 -35.2% -
BLC PARTNERS Brussels €17,591 €9,486 86.7% -
NHL EXPRESS Roosdaal €12,336 €5,671 46.0% -
MB BELGIUM Sint-Pieters-Leeuw €12,677 €4,346 -15.2% -
JLM Rental Zemst €33,245 €33,457 66.3% -

These companies have the same main activity as QueenCars: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €12,300 and €33,200, founded between 2022 and 2024.

Official details

Source: KBO
Status
Active since 22-05-2023Normal situation
Activity
Renting and leasing of cars and light motor vehiclesNACE 77110and 2 others
Establishment unit
2.345.280.7471630 Linkebeek, since 22-05-2023
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€19,635▲ 316%
Filing
Filed on 03-08-2026
Financials

Insights on QueenCars

QueenCars files the abbreviated format. That format states no turnover. The gross margin rose from -€2,491 in 2023 to €10,527 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about QueenCars

What is the company number of QueenCars?
The company number of QueenCars is 0801.934.236. The VAT number is the same number with BE in front: BE 0801.934.236.
Where is QueenCars based?
The registered office is at Terlinden 38, 1785 Merchtem.Company details
What does QueenCars do?
According to the KBO register, the main activity is renting and leasing of cars and light motor vehicles (NACE 77110).
What is the legal form of QueenCars?
QueenCars is a private limited company (BV).
When was QueenCars founded?
QueenCars was founded on 22-05-2023.
Is QueenCars still active?
Yes, QueenCars is an active enterprise in the KBO register.
What is the turnover of QueenCars?
The turnover in financial year 2025 is ≈ €31,000. This figure is estimated from the gross margin of €10,527 and 48 comparable companies (NACE 77). It probably lies between €23,000 and €62,000. It is a rough estimate.Financials
Is QueenCars profitable?
In financial year 2025, QueenCars made a profit of €10,288.
Where can I find the annual accounts of QueenCars?
QueenCars filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QueenCars due?
QueenCars must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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