Skip to content

QUEESTE

Active
Private limited company (pre-2019)founded 200124 yrs activeHertogenlaan(LIN) 21, 3210 Lubbeek, BelgiumKBO/BCE: BE 0476.258.914
Summary

QUEESTE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €703k and a net result of €132k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 51% of 2934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability79▲+1
Solvency69▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.39 in 2023; short-term debt: 8.6% and cash: 1.2% of total assets), but 55.8% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-06-2025, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
40 d early
2023
15 d late
2022
on the day
2021
64 d early
2020
41 d early
2019
49 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€703k▲ 23.0%
2023 · €571k
2018: €231klowest in 7 years 2019: €310k▲ +34.2% vs 2018 2020: €391k▲ +25.9% vs 2019 2021: €488k▲ +24.8% vs 2020 2022: €493k▲ +1.2% vs 2021 2023: €571k▲ +15.7% vs 2022 2024: €703k▲ +23.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.59M▲ 1.9%
2023 · €1.56M
2018: €910k 2019: €899k▼ -1.1% vs 2018lowest in 7 years 2020: €918k▲ +2.1% vs 2019 2021: €943k▲ +2.7% vs 2020 2022: €1.59M▲ +68.8% vs 2021highest in 7 years 2023: €1.56M▼ -2.0% vs 2022 2024: €1.59M▲ +1.9% vs 2023
2018 → 2024
Net result
€132k▲ 11.8%
2023 · €118k
2018: €57k 2019: €79k▲ +39.0% vs 2018 2020: €95k▲ +20.4% vs 2019 2021: €97k▲ +1.8% vs 2020 2022: €36k▼ -63.0% vs 2021lowest in 7 years 2023: €118k▲ +228% vs 2022 2024: €132k▲ +11.8% vs 2023highest in 7 years
2018 → 2024
Working capital
€142k▲ 161%
2023 · €54k
2018: €-32klowest in 7 years 2019: €5k▲ +116% vs 2018 2020: €30k▲ +485% vs 2019 2021: €95k▲ +219% vs 2020 2022: €40k▼ -57.9% vs 2021 2023: €54k▲ +36.3% vs 2022 2024: €142k▲ +161% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€391k-€488k▲ 24.8%€493k▲ 1.2%€571k▲ 15.7%€703k▲ 23.0% 2020: €391klowest in 5 years 2021: €488k▲ +24.8% vs 2020 2022: €493k▲ +1.2% vs 2021 2023: €571k▲ +15.7% vs 2022 2024: €703k▲ +23.0% vs 2023highest in 5 years
Operating result€142k-€144k▲ 1.7%€54k▼ 62.3%€180k▲ 230%€198k▲ 10.5% 2020: €142k 2021: €144k▲ +1.7% vs 2020 2022: €54k▼ -62.3% vs 2021lowest in 5 years 2023: €180k▲ +230% vs 2022 2024: €198k▲ +10.5% vs 2023highest in 5 years
Net result€95k-€97k▲ 1.8%€36k▼ 63.0%€118k▲ 228%€132k▲ 11.8% 2020: €95k 2021: €97k▲ +1.8% vs 2020 2022: €36k▼ -63.0% vs 2021lowest in 5 years 2023: €118k▲ +228% vs 2022 2024: €132k▲ +11.8% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2020: €142k€142kNet result 2020: €95k€95kOperating result 2021: €144k€144kNet result 2021: €97k€97kOperating result 2022: €54k€54kNet result 2022: €36k€36kOperating result 2023: €180k€180kNet result 2023: €118k€118kOperating result 2024: €198k€198kNet result 2024: €132k€132k20202021202220232024€0€50k€100k€150k€200kOperating result 2022: €54k€54kNet result 2022: €36k€36kOperating result 2023: €180k€180kNet result 2023: €118k€118kOperating result 2024: €198k€198kNet result 2024: €132k€132k202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 10% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.59M
Fixed assets €1.31M ▼ 4.1%
Current assets €279k ▲ 44.1%
Equity and liabilities €1.59M
Equity €703k ▲ 23.0%
Debt €887k ▼ 10.3%
Debt's share of the balance-sheet total falls from 63.4% to 55.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€257k▲
2023 · €236k
Cash flow
€190k▲
2023 · €174k
Current ratio
2.03▲
2023 · 1.39
Debt to equity
1.26▼
2023 · 1.73
ROE
18.7%▼
2023 · 20.6%
ROA
8.3%▲
2023 · 7.5%
Interest coverage
24.62▲
2023 · 21.54
Debt ≤ 1 year
€137k▼
2023 · €139k
Debt > 1 year
€750k▼
2023 · €850k
Income taxes
€57k▲
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.56M€1.59M▲
Fixed assets21/28€1.37M€1.31M▼
Tangible fixed assets22/27€1.28M€1.22M▼
Land and buildings22€1.13M€1.10M▼
Furniture and vehicles24€23k€15k▼
Leasing and similar rights25€127k€106k▼
Financial fixed assets28€89k€89k=
Current assets29/58€193k€279k▲
Amounts receivable after more than one year29€0€37k▲
Other amounts receivable291€0€37k▲
Amounts receivable within one year40/41€101k€81k▼
Trade receivables40€101k€81k▼
Other amounts receivable41€85€0▼
Current investments50/53€35k€130k▲
Cash at bank and in hand54/58€46k€19k▼
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.59M▲
Equity10/15€571k€703k▲
Contributions10/11€69k€69k=
Reserves13€502k€634k▲
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€496k€627k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€989k€887k▼
Amounts payable after more than one year17€850k€750k▼
Financial debts170/4€850k€750k▼
Amounts payable within one year42/48€139k€137k▼
Current portion of amounts payable after more than one year42€101k€100k▼
Trade debts44€2k€403▼
Suppliers440/4€2k€403▼
Taxes, remuneration and social security45€24k€33k▲
Taxes450/3€24k€33k▲
Other amounts payable47/48€13k€4k▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€59k▲
Other operating charges640/8€9k€10k▲
Gross operating margin9900€245k€267k▲
Operating profit (loss)9901€180k€198k▲
Financial income75/76B€120€548▲
Recurring financial income75€120€548▲
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€169k€189k▲
Income taxes67/77€51k€57k▲
Profit (loss) for the period9904€118k€132k▲
Profit (loss) for the period to be appropriated9905€118k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€118k€132k▲
Transfer from equity791/2€40k€0▼
Transfer to equity691/2€118k€132k▲
To other reserves6921€118k€132k▲
Profit to be distributed694/7€40k€0▼
Return on contributions (dividend)694€40k€0▼

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€43k€154k€57k€59k▲ 2.9%
Other operating charges640/8-€8k€24k€9k€10k▲ 10.5%
Gross operating margin9900€189k€196k€233k€245k€267k▲ 8.7%
Operating profit (loss)9901€142k€144k€54k€180k€198k▲ 10.5%
Financial income75/76B-€359€521€120€548▲ 357%
Recurring financial income75€312€359€521€120€548▲ 357%
Financial charges65/66B-€6k€11k€11k€10k▼ 4.9%
Recurring financial charges65€6k€6k€11k€11k€10k▼ 4.9%
Profit (loss) for the period before taxes9903€137k€139k€44k€169k€189k▲ 11.7%
Income taxes67/77€41k€42k€8k€51k€57k▲ 11.4%
Profit (loss) for the period9904€95k€97k€36k€118k€132k▲ 11.8%
Profit (loss) for the period to be appropriated9905€95k€97k€36k€118k€132k▲ 11.8%
Line20202021202220232024Change
Assets
Total assets20/58€918k€943k€1.59M€1.56M€1.59M▲ 1.9%
Fixed assets21/28€768k€724k€1.40M€1.37M€1.31M▼ 4.1%
Tangible fixed assets22/27€678k€635k€1.31M€1.28M€1.22M▼ 4.4%
Land and buildings22-€439k€1.15M€1.13M€1.10M▼ 2.3%
Plant, machinery and equipment23-€0----
Furniture and vehicles24-€16k€12k€23k€15k▼ 35.3%
Leasing and similar rights25-€180k€148k€127k€106k▼ 16.7%
Financial fixed assets28€89k€89k€89k€89k€89k=
Current assets29/58€151k€219k€188k€193k€279k▲ 44.1%
Amounts receivable after more than one year29-€13k€13k€0€37k-
Other amounts receivable291-€13k€13k€0€37k-
Amounts receivable within one year40/41€47k€95k€85k€101k€81k▼ 19.1%
Trade receivables40-€94k€85k€101k€81k▼ 19.0%
Other amounts receivable41-€208€0€85€0▼ 100%
Current investments50/53€75k€90k€35k€35k€130k▲ 271%
Cash at bank and in hand54/58€7k€13k€42k€46k€19k▼ 59.8%
Deferred charges and accrued income490/1-€8k€13k€12k€12k▲ 1.8%
Equity and liabilities
Total equity and liabilities10/49€918k€943k€1.59M€1.56M€1.59M▲ 1.9%
Equity10/15€391k€488k€493k€571k€703k▲ 23.0%
Contributions10/11-€69k€69k€69k€69k=
Reserves13€322k€419k€425k€502k€634k▲ 26.2%
Non-distributable reserves130/1-€7k€7k€7k€7k=
Reserves not available under the articles1311-€7k€7k€7k€7k=
Distributable reserves133-€412k€418k€496k€627k▲ 26.5%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€528k€456k€1.10M€989k€887k▼ 10.3%
Amounts payable after more than one year17€407k€331k€950k€850k€750k▼ 11.7%
Financial debts170/4-€331k€950k€850k€750k▼ 11.7%
Amounts payable within one year42/48€121k€125k€149k€139k€137k▼ 1.4%
Current portion of amounts payable after more than one year42-€76k€103k€101k€100k▼ 0.6%
Trade debts44€1k€2k€2k€2k€403▼ 76.2%
Suppliers440/4-€2k€2k€2k€403▼ 76.2%
Taxes, remuneration and social security45-€46k€32k€24k€33k▲ 33.3%
Taxes450/3-€46k€32k€24k€33k▲ 33.3%
Other amounts payable47/48-€2k€11k€13k€4k▼ 65.4%
Line20202021202220232024Change
Profit (loss) for the period9904€95k€97k€36k€118k€132k▲ 11.8%
+ Depreciation and write-downs630€40k€43k€154k€57k€59k▲ 2.9%
Operating cash flow (approximation)€135k€140k€190k€174k€190k▲ 8.9%
Investment in fixed assets (approximation)-€0€-834k€-20k€-3k▲ 85.2%
Change in cash-€6k€29k€4k€-28k▼ 767%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Sign in to download as CSV

Timeline · acts, filings and financial milestones

2025
21-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €132k ▲11.8%
Operating result €198k, net result €132k, both a record.
15-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
2023
31-12
Financial Equity above €500kEq €571k ▲15.7%
6 profitable years in a row build equity to €571k.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €36k ▼63%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
28-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-07
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 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, Lubbeek · 2 establishment units since 2003
seat establishment All 2 establishment units on the map
Ground area
2,430 m²
Building footprint
1,268 m²
Volume, LiDAR
8,249 m³
2 parcels, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Queeste
Hertogenlaan(LIN) 21, 3210 LubbeekNACE 74121
since 20032.155.570.226
Engels Plein 3, 3000 Leuven
Certified accountants and tax accountants
since 20222.345.075.364
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24063A0005/00C000 Flanders 1,367 m² 1 · 265 m² 6.9 m · 1 fl.
24062A1111/00A000 Flanders 1,063 m² 1 · 1,003 m² 13.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900JWBBP8ZV3W8O15
live in the LEI register

Similar companies · same sector, comparable size

Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,038 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 (pre-2019)
Founded07-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.