QUEO
ActiveQUEO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-75k) and a net result of €-7k. Equity is shrinking by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 3096 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-43
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
8 mo
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€75k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
on the day
2023
1 d early
2022
65 d late
2021
on the day
2020
18 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-75k▼ 9.8%
2024 · €-68k
2018: €-41k
2019: €-24k
2020: €13k
2021: €-23k
2022: €-40k
2023: €-56k
2024: €-68k
2018 → 2025
Total assets
€3k▼ 77.9%
2024 · €15k
2018: €2k
2019: €70k
2020: €91k
2021: €57k
2022: €38k
2023: €27k
2024: €15k
2018 → 2025
Net result
€-7k▲ 44.5%
2024 · €-12k
2018: €-9k
2019: €11k
2020: €37k
2021: €-36k
2022: €-17k
2023: €-16k
2024: €-12k
2018 → 2025
Working capital
€-43k▲ 8.3%
2024 · €-46k
2018: €-42k
2019: €-20k
2020: €-2k
2021: €-35k
2022: €-41k
2023: €-46k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€-40k▼ 73.2%€-56k▼ 41.4%€-68k▼ 21.4%€-75k▼ 9.8%
Operating result€-36k-€-17k▲ 53.0%€-16k▲ 2.1%€-12k▲ 27.0%€-7k▲ 44.6%
Net result€-36k-€-17k▲ 53.0%€-16k▲ 2.1%€-12k▲ 26.9%€-7k▲ 44.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€2k▼ 87.4%
Current assets
€2k▼ 33.0%
Key figures and ratios
EBITDA
€4k▲
2024 · €-473
Cash flow
€4k▲
2024 · €-497
Interest coverage
154.40▲
2024 · -19.71
Debt
€78k▼
2024 · €83k
Debt ≤ 1 year
€44k▼
2024 · €49k
Debt > 1 year
€34k=
2024 · €34k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15k€3k▼
Fixed assets21/28€12k€2k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€12k€2k▼
Furniture and vehicles24€12k€2k▼
Current assets29/58€3k€2k▼
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€2k€1k▼
Cash at bank and in hand54/58€277€374▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€15k€3k▼
Equity10/15€-68k€-75k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-89k€-95k▼
Amounts payable17/49€83k€78k▼
Amounts payable after more than one year17€34k€34k=
Financial debts170/4€34k€34k=
Amounts payable within one year42/48€49k€44k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Other amounts payable47/48€43k€40k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€2k-
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€-12k€-7k▲
Financial charges65/66B€24€25▲
Recurring financial charges65€24€25▲
Profit (loss) for the period before taxes9903€-12k€-7k▲
Profit (loss) for the period9904€-12k€-7k▲
Profit (loss) for the period to be appropriated9905€-12k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-89k€-95k▼
Profit (loss) brought forward from the previous period14P€-77k€-89k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-36k ▼197%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €37k ▲242%
Operating result €40k, net result €37k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Keerbergen · 1 establishment unit since 2002
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.
Oude Putsebaan 243140 KeerbergenGround area
3,552 m²
Building footprint
248 m²
Volume, LiDAR
239 m³
Parcel 24472G0205/00R003, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude Putsebaan 24, 3140 Keerbergen
since 20022.115.323.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472G0205/00R003 | Flanders | 3,552 m² | 1 · 248 m² | 7.6 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.
Similar companies · same sector, comparable size
HET IMDEHOF
BE 0672.921.266
Kapelle-op-den-Bos · Eq €13k
MM Equestrian Services
BE 0779.462.108
Puurs-Sint-Amands · Eq €13k
PVM HORSES
BE 0501.686.572
Beveren-Kruibeke-Zwijndrecht · Eq €13k
ECURIES CHAPELLE SAINTE-ANNE
BE 0846.247.301
Saint-Ghislain · Eq €13k
DV & W
BE 0801.395.885
Zottegem · Eq €13k
Of 1,946 companies in sector 01430 we hold annual accounts for 739. 367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-06-2002
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
01220
46212Wholesale trade
46232Wholesale trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.