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QueenCars

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

Overview

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

€10,527▲ 12×
€10,288▲ 13×
€13,541▲ 316%
€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.

Financials

Annual accounts 2025

abbreviated format, filed on 03-08-2026, 3 days late
€10,527
▲ 12×
€10,361
▲ 12×
€10,288
▲ 13×
€13,541
▲ 316%
69.0%
3.22

The turnover shown is an estimate from the gross margin.

Turnover ≈ €31,000. Estimated: probably between €23,000 and €62,000.

Balance sheet

balance sheet total €19,635 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

69.0%

Higher than 78% of 1,142 companies in 2025.

3.22

Higher than 80% of 1,110 companies in 2025.

52.4%

Higher than 95% of 1,130 companies in 2025.

QueenCars Middle half of the sector 80% of the sector Abbreviated accounts in rental and leasing (NACE 77)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 19,6354,7213,763
29/58 19,6354,7213,763
40/41 10,595505-
40 10,595505-
54/58 8,0404,2163,763
490/1 1,000--
Balance sheet: equity and liabilities
10/49 19,6354,7213,763
10/15 13,5413,2532,461
10/11 5,0005,0005,000
14 8,541-1,747-2,539
17/49 6,0941,4681,302
42/48 6,0941,4681,302
44 3,910-644
440/4 3,910-644
45 5381,435625
450/3 5381,435625
47/48 1,6463232
Income statement
9900 10,527887-2,491
640/8 166--
9901 10,361887-2,491
65/66B 739648
65 739648
9903 10,288792-2,539
9904 10,288792-2,539
9905 10,288792-2,539
Appropriation of the result
9906 8,541-1,747-2,539
14P -1,747-2,539-
Document PDFPDFPDF

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 03-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 3 days after the deadline. Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00381509.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 03-08-2026 2026-00381509 PDF
31-12-2024 full format 01-08-2025 2025-00348995 PDF
31-12-2023 full format 17-08-2024 2024-00362883 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
3,824453-
13,5413,2532,461
69.0%--
3.22--
0.45--
76.0%--
52.4%--

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on QueenCars

The operating result for 2025 is nearly 12 times that of 2024 and the highest since 2023. It is the second rise in a row.

Debt's share of the balance-sheet total falls from 31.1% to 31.0%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 24-05-2023 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 24-05-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
QUINN Jeremy Jacques Patrick
Director (not named in the articles)
Board
Mandates as a list
  • QUINN Jeremy Jacques Patrick
    • Director (not named in the articles), appointed by deed of 24-05-2023, still in office

See the board, name and registered office on a given date →

Control

This company
QueenCars
Equity €13,541
Profit €10,288 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€135 in 2025
Source
deed of 24-05-2023

Articles of association

deed of 24-05-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene kosten los van representatie reis verplaatsing, algemene vergadering beslist kosteloos of niet”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Kan op elk moment worden ontbonden door beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging”

Shareholders

At incorporation deed of 24-05-2023 ↗

Network & group

No group

QueenCars has no parent and no holdings in its annual accounts. QUINN Jeremy Jacques Patrick is the only director. QueenCars shares no director with another company.

Timeline

Timeline

9 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 3 days late
2025
Highest result from 2023 to 2025 net €10,288 ▲1,200% The operating result of €10,361 and the net result of €10,288 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801934236
Annual accounts 2024 filed PDFfull format · 1 day late
Registered office moved to MerchtemNew registered office: Terlinden 38, 1785 Merchtem · “De import,export,vertegenwoordiging,aan-en verkoop van alle nieuwe en gebruikte…” (deed in Dutch) · General meeting of 26-02-20252 points ▸
  • General meeting, 26-02-2025
  • Registered-office move, Terlinden 38, 1785 Merchtem
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2024
Back to profit net €792 The net result is €792, after one loss-making year.
Annual accounts 2023 filed PDFfull format · 17 days late
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: QUINN Jeremy Jacques Patrick · Appointment: QUINN Jeremy Jacques Patrick (director) · published on 24-05-20235 points ▸

Open the deed in the Belgian Official Gazette

First establishment Alsembergsesteenweg 34, Linkebeek

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 May 2023, QueenCars was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2025 the registered office moved to Merchtem.3 QUINN Jeremy Jacques Patrick is director of the company, appointed by deed of 24-05-2023.2 Total assets went from €3,763 in 2023 to €19,635 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-05-2023
  3. 3Belgian Official Gazette, 17-03-2025
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0801.934.236
VAT number
BE 0801.934.236
Peppol ID
0208:0801934236
Other Peppol ID
9925:BE0801934236
Legal form
Private limited company
Status
Active, normal situation
Founded
22-05-2023
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
deed of 24-05-2023 (in Dutch)
Peppol
Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
QueenCars in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-05-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“In het Vlaams Gewest”
deed of 24-05-2023 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
77110 Renting of cars main activity
45113
45206
PurposeThe purpose describes the activities the company may carry out under its articles.
“De import,export,vertegenwoordiging,aan-en verkoop van alle nieuwe en gebruikte voertuigen,onderdelen,banden,accessoires,materialen en…”
6 activities
  1. De import,export,vertegenwoordiging,aan-en verkoop van alle nieuwe en gebruikte voertuigen,onderdelen,banden,accessoires,materialen en gereedschappen voor carrosseriebedrijven en garages,alsmede alle aardolieproducten;
  2. De exploitatie van een autowasstraat en alle daarmee verband houdende handelingen,met inbegrip van de aan-en verkoop van alle aanverwante producten,alsmede de vervaardiging,distributie en marketing van detergenten en andere producten voor het onderhoud van motorvoertuigen.
  3. E-commerce van allerlei artikelen en producten die wel of geen verband houden met voormelde activiteiten,ontwikkeling van websites,webdesign en allerlei aanverwante dientsverleningen en producten,zowel voor ondernemingen als voor particulieren.
  4. De uitbating van een onderneming voor loodgieterswerk:het plaatsen,onderhouden en herstellen van sanitaire installaties en leidingen,het installeren,plaatsen,onderhouden en herstellen van verwarmingssystemen en systemen voor klimaatregeling en ventilatie;
  5. De handel in sanitaire toestellen en in materialen en bijhorigheden voor de plaatsing van sanitaire installaties en centrale verwarming en het vervoeren van alle voormelde producten en materialen.
  6. Alle activiteiten met betrekking tot de exploitatie van een autogarage(agentschap en/of concessie),te weten:
deed of 17-03-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Terlinden 38 registered office 1785 Merchtem
Alsembergsesteenweg 34 1630 Linkebeek 22-05-2023 2.345.280.747

Buildings and parcels at the addresses

Ground area
5,367 m²
Buildings
865 m²
Volume, LiDAR
5,935 m³
Tallest building
11.6 m
Buildings to scale, each on its own parcel
561 m², 11.6 m 304 m², 7.4 m 561 m², 11.6 m 304 m², 7.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23052E0177/00E0004,232 m² 1 · 304 m² 7.4 m · 2
22003A0047/00X0081,134 m² 1 · 561 m² 11.6 m · 3