QUENZ
ActiveSummary
QUENZ has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,222 and a net result of €194,958. Equity has been stable since 2018 (±0.7% per year). Its solvency ranks better than 76% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-03-2009 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment unit
- 2.176.897.556 2880 Bornem, since 06-03-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
- Ann RyngaertDirector
- Kris Van HaverbekeDirector
- Ann Ryngaert80.11%annual accounts 2016
- Kris David Van Haverbeke19.89%annual accounts 2016
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €294,061
- ▲ 295%
- Turnover
- ≈ €420,000
- estimated
- Profit
- €194,958
- ▲ 281%
- Equity
- €380,222
- ▲ 72.2%
- Total assets
- €482,657
- ▲ 82.1%
Score breakdownlowers riskLiquidity: current ratio 4.35, cash €249,812Equity €380,222 (78.8% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €482,657Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 86% of them on solvency, 87% on liquidity, 84% on profitability and 85% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 09-04-2026 PDF all 16 filings
Every figure per financial year
The operating result for 2025 is 4 times that of 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,040 | €5,936 | - | €10,253 | €30,045 |
| Depreciation and write-downs of the year | €13,575 | €2,518 | €2,758 | €2,484 | €7,962 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,282 | €1,209 | €1,589 | €13,575 | €2,518 | €2,758 | €2,484 | €7,962 | ▲ 221% |
| Other operating charges640/8 | - | - | - | €488 | €347 | €698 | €505 | €1,236 | ▲ 145% |
| Gross operating margin9900 | €16,320 | €11,844 | €42,527 | €42,938 | €12,615 | €65,000 | €74,506 | €294,061 | ▲ 295% |
| Operating profit (loss)9901 | €10,327 | €10,112 | €40,450 | €28,875 | €9,750 | €61,543 | €71,516 | €284,863 | ▲ 298% |
| Financial income75/76B | - | - | - | - | - | €125 | €361 | €754 | ▲ 109% |
| Recurring financial income75 | - | - | - | - | - | €125 | €361 | €754 | ▲ 109% |
| Financial charges65/66B | - | - | - | €1,070 | €1,292 | €1,223 | €2,049 | €554 | ▼ 73.0% |
| Recurring financial charges65 | €2,084 | €2,254 | €1,572 | €1,070 | €1,292 | €1,223 | €2,049 | €554 | ▼ 73.0% |
| Profit (loss) for the period before taxes9903 | €8,243 | €7,858 | €43,323 | €27,805 | €8,458 | €60,445 | €69,828 | €285,064 | ▲ 308% |
| Income taxes67/77 | €3,528 | €3,540 | €12,066 | €7,963 | €2,956 | €20,241 | €18,624 | €90,105 | ▲ 384% |
| Profit (loss) for the period9904 | €4,715 | €4,318 | €31,257 | €19,842 | €5,502 | €40,204 | €51,204 | €194,958 | ▲ 281% |
| Profit (loss) for the period to be appropriated9905 | €4,715 | €4,318 | €31,257 | €19,842 | €5,502 | €40,204 | €51,204 | €194,958 | ▲ 281% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €267,897 | €268,418 | €264,599 | €236,026 | €227,595 | €229,015 | €265,027 | €482,657 | ▲ 82.1% |
| Fixed assets21/28 | €1,604 | €395 | €14,161 | €7,626 | €11,044 | €8,287 | €16,055 | €38,138 | ▲ 138% |
| Tangible fixed assets22/27 | €1,604 | €395 | €14,161 | €7,626 | €11,044 | €8,287 | €16,055 | €38,138 | ▲ 138% |
| Land and buildings22 | - | - | - | €3,338 | €6,814 | €6,075 | €5,334 | €4,594 | ▼ 13.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €8,691 | €6,944 | ▼ 20.1% |
| Furniture and vehicles24 | - | - | - | €4,288 | €4,230 | €2,212 | €2,030 | €26,600 | ▲ 13× |
| Current assets29/58 | €266,293 | €268,023 | €250,438 | €228,400 | €216,551 | €220,729 | €248,972 | €444,519 | ▲ 78.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €33,741 | - | - | - | - |
| Trade receivables290 | - | - | - | - | €31,147 | - | - | - | - |
| Other amounts receivable291 | - | - | - | - | €2,594 | - | - | - | - |
| Amounts receivable within one year40/41 | €28,098 | €34,173 | €39,886 | €37,215 | - | €29,650 | €45,738 | €65,138 | ▲ 42.4% |
| Trade receivables40 | - | - | - | €35,177 | - | €29,650 | €45,738 | €63,190 | ▲ 38.2% |
| Other amounts receivable41 | - | - | - | €2,038 | - | - | - | €1,949 | - |
| Current investments50/53 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €96,916 | €96,916 | €96,916 | = |
| Cash at bank and in hand54/58 | €88,195 | €83,850 | €60,552 | €39,709 | €28,815 | €91,570 | €104,497 | €249,812 | ▲ 139% |
| Deferred charges and accrued income490/1 | - | - | - | €1,476 | €3,995 | €2,593 | €1,820 | €32,652 | ▲ 18× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €267,897 | €268,418 | €264,599 | €236,026 | €227,595 | €229,015 | €265,027 | €482,657 | ▲ 82.1% |
| Equity10/15 | €211,114 | €215,432 | €214,206 | €188,748 | €142,620 | €174,350 | €220,839 | €380,222 | ▲ 72.2% |
| Contributions10/11 | €18,620 | €18,620 | - | €18,620 | €18,620 | €18,620 | €18,620 | €18,620 | = |
| Reserves13 | €192,494 | €196,812 | €195,586 | €170,128 | €124,000 | €155,730 | €202,219 | €361,602 | ▲ 78.8% |
| Non-distributable reserves130/1 | - | - | - | €1,861 | €1,861 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,861 | €1,861 | - | - | - | - |
| Distributable reserves133 | - | - | - | €168,267 | €122,139 | €155,730 | €202,219 | €361,602 | ▲ 78.8% |
| Amounts payable17/49 | €56,783 | €52,986 | €50,393 | €47,278 | €84,975 | €54,665 | €44,188 | €102,435 | ▲ 132% |
| Amounts payable within one year42/48 | €53,124 | €50,832 | €48,881 | €46,259 | €82,771 | €54,665 | €44,188 | €102,161 | ▲ 131% |
| Trade debts44 | €3,874 | €3,030 | €7,199 | €10,803 | €657 | €3,118 | €11,154 | €115 | ▼ 99.0% |
| Suppliers440/4 | - | - | - | €10,803 | €657 | €3,118 | €11,154 | €115 | ▼ 99.0% |
| Taxes, remuneration and social security45 | - | - | - | €11,709 | €9,725 | €24,230 | €22,992 | €65,571 | ▲ 185% |
| Taxes450/3 | - | - | - | €11,709 | €9,725 | €24,230 | €22,992 | €65,571 | ▲ 185% |
| Other amounts payable47/48 | - | - | - | €23,747 | €72,389 | €27,318 | €10,042 | €36,476 | ▲ 263% |
| Accrued charges and deferred income492/3 | - | - | - | €1,019 | €2,204 | - | - | €273 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,715 | €4,318 | €31,257 | €19,842 | €5,502 | €40,204 | €51,204 | €194,958 | ▲ 281% |
| + Depreciation and write-downs630 | €5,282 | €1,209 | €1,589 | €13,575 | €2,518 | €2,758 | €2,484 | €7,962 | ▲ 221% |
| Operating cash flow (approximation) | €9,997 | €5,527 | €32,846 | €33,417 | €8,020 | €42,963 | €53,689 | €202,920 | ▲ 278% |
| Investment in fixed assets (approximation) | - | €0 | -€15,355 | -€7,040 | -€5,936 | -€1 | -€10,253 | -€30,045 | ▼ 193% |
| Change in cash | - | -€4,345 | -€23,298 | -€20,843 | -€10,894 | €62,755 | €12,927 | €145,315 | ▲ 11× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as QUENZ has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of QUENZ itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 17,811 companies, not a prediction for QUENZ. 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-04-2026 | 2026-00075154 | |
| 31-12-2024 | micro format | 24-07-2025 | 2025-00323328 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00410526 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00184928 | |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20135344 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-28300046 | |
| 31-12-2019 | micro format | 18-06-2020 | 2020-17900149 | |
| 31-12-2018 | micro format | 25-06-2019 | 2019-23200573 | |
| 31-12-2017 | micro format | 13-06-2018 | 2018-18300069 | |
| 31-12-2016 | micro format | 13-07-2017 | 2017-33100557 |
Board & ownership
Directors
Owners and capital
Shareholders
2 ownersOwners 2
- Ann Ryngaertnatural personSourceown accounts 201680.11%
- Kris David Van Haverbekenatural personSourceown accounts 201619.89%
Capital transactions
- 13-07-2023 Converted to unavailable equity · €18,620
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Ann Ryngaert |
|
| Kris Van Haverbeke |
|
Articles of association
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft kopers naar evenredigheid, nietigheid”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Ten minste vijftien dagen te rekenen van dag van openstelling van intekening, nieuwe aandelen waarop in geld wordt ingeschreven eerst…”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd”
Articles of association, deed of 13-07-2023 (in Dutch)
Network & group
Board mandates elsewhere
3 board mandatesConnections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
14-04
Gazette deed
Appointment: Kris Van Haverbeke (director)2 points ▸
- General meeting, 01-02-2025
- Director appointment, Kris Van Haverbeke (director)
13-07
Gazette deed
Appointment: Ann Ryngaert (director)Capital conversion · Reserve release · Registered office clause13 points ▸
- General meeting, 20-06-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aan te passen aan bepalingen van het Wetboek van vennootschappen en verenigingen en rechtsvorm van be…” (deed in Dutch)
- Capital conversion, “statutaire onbeschikbare eigen vermogensrekeningen” (deed in Dutch)
- Reserve release, “beschikbare eigen vermogensrekeningen” (deed in Dutch)
- Registered office clause, “2880Bornem,Molenstraat 21, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, Ann Ryngaert (director)
- Power of attorney, mentioned 3 times in the deed
- Power of attorney, Verhaegen-Eekhaut-Verlinden
- Other provision, “elektronisch effectenregister, Elektronisch effectenregister” (deed in Dutch)
- Declaration, “toereikende,accurate,actuele informatie uiteindelijke begunstigde(n), UBO-register” (deed in Dutch)
- The act holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
15 activities
- 1.Adviesverlening op het gebied van publiciteit,public-relations en diverse manifestaties;het verzorgen van public-relations-activiteiten en het verzorgen en inrichten van manifestaties allerhande.
- 2.Adviesverlening op het gebied van beheer,management en marketing.
- 3.Adviesverlening op het gebied van personeelsbeheer,met inbegrip van aanwervingen,selectie,training en vorming en opleiding.
- 4.Het verstrekken van advies in alle mogelijke activiteiten die betrekking hebben op private en publieke instellingen,organisaties en bedrijven alsmede allerlei advies in informatiesystemen,informaticasystemen alsmede op de aankoop,verkoop en distributie van software-en hardwareproducten.Het verschaffen van alle materiële middelen,de functionele inrichting,en de algemene diensten die nuttig of nodig zijn voor de uitoefening van voornoemde activiteiten.
- 5.Het bedrijfsbeheer van vennootschappen en instellingen,zowel in België als in het buitenland.
- 6.Het adviseren,organiseren en bemiddelen in de aan-en verkoop,de invoer-en uitvoerhandel;de distributie;het voeren van algemene tradingactiviteiten,met inbegrip van de groot-en kleinhandel,de invoer-en uitvoerhandel en exploitatie in voedingsmiddelen en geneesmiddelen en aanverwante artikelen.
- 7.Het verstrekken van adviezen en het maken van studies van diverse aard.
- 8.Adviesverlening op het gebied van reclamevoering,reclamecampagnes,communicatiestrategie en mediavoering.
- 9.Vermogensbeheer:het verstrekken van advies en prestaties inzake het beheer van vermogens roerend als onroerend,a)voor derden b)voor zichzelf.
- 10.De organisatie van seminaries en managementweekends met sportactiviteiten in België en het buitenland.
- 11.Het verlenen aan de ondernemingen waarin zij deelneemt en aan derden,al dan niet bezoldigd,van alle bijstand,hetzij technisch,industrieel,commercieel of administratief,hetzij financieel,met inbegrip van de borgstelling,avalgeving,of inpandgeving van onroerende goederen.
- 12.Het deelnemen in en het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen of ondernemingen.
- 13.Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard,in de ruimste zin,met uitzondering van adviesverschaffing inzake beleggingen geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur;het verlenen van alle dienstprestaties en het uitvoeren van alle opdrachten onder de vorm van organisatiestudies,expertises,technische handelingen en raadgevingen of andere op welk vlak binnen het voorwerp.
- 14.Het kopen,verkopen,huren,verhuren,leasen,ruilen van roerende goederen en rechten,in de ruimste zin van het woord.
- 15.Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,het in vruchtgebruik nemen,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12038B0495/03C000 | Flanders | 249 m² | 1 · 253 m² | 6.7 m · 1 |