QUERCURIUS
ActiveSummary
QUERCURIUS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.64M and a net result of €-48k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 36% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-3
Solvency62=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.61 in 2024; short-term debt: 4.9% and cash: 1.1% of total assets), and 63.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.5%
Return on assets
-0.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
26 d early
2022
5 d early
2021
3 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.64M▼ 1.3%
2024 · €3.69M
Total assets
€9.97M▼ 0.7%
2024 · €10.04M
Net result
€-48k▲ 47.2%
2024 · €-92k
Working capital
€-110k▲ 38.5%
2024 · €-178k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-117k▲ 50.2%€-8k▲ 92.9%€3k€-51k€45k
Net result€-127k▲ 42.7%€-47k▲ 63.1%€-23k▲ 50.1%€-92k▼ 291%€-48k▲ 47.2%
Equity€3.85M▲ 0.3%€3.81M▼ 1.2%€3.78M▼ 0.6%€3.69M▼ 2.5%€3.64M▼ 1.3%
Total assets€10.08M▲ 20.2%€10.21M▲ 1.2%€10.15M▼ 0.5%€10.04M▼ 1.1%€9.97M▼ 0.7%
Debt€4.97M▲ 62.1%€5.20M▲ 4.8%€5.24M▲ 0.7%€5.29M▲ 1.0%€5.33M▲ 0.7%
Working capital€-241k▼ 220%€-177k▲ 26.5%€76k€-178k€-110k▲ 38.5%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €45k after a loss of €51k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.97M
Fixed assets
€9.58M ▼ 1.9%
Current assets
€382k ▲ 39.7%
Equity and liabilities €9.97M
Equity
€3.64M ▼ 1.3%
Provisions
€998k ▼ 5.8%
Debt
€5.33M ▲ 0.7%
Debt's share of the balance-sheet total rises from 52.7% to 53.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€558k▲
2024 · €524k
Cash flow
€465k▼
2024 · €483k
Current ratio
0.78▲
2024 · 0.61
Debt to equity
1.46▲
2024 · 1.43
ROE
-1.3%▲
2024 · -2.5%
ROA
-0.5%▲
2024 · -0.9%
Interest coverage
4.69▼
2024 · 5.09
Debt ≤ 1 year
€492k▲
2024 · €452k
Debt > 1 year
€4.83M=
2024 · €4.83M
Income taxes
€39k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €19k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €449k | €451k | €451k | €575k | €513k | ▼ 10.7% |
| Other operating charges640/8 | - | €43k | €83k | €59k | €62k | ▲ 4.5% |
| Non-recurring operating charges66A | - | - | - | €17k | €0 | ▼ 100% |
| Gross operating margin9900 | €383k | €486k | €537k | €600k | €620k | ▲ 3.4% |
| Operating profit (loss)9901 | €-117k | €-8k | €3k | €-51k | €45k | ▲ 188% |
| Financial income75/76B | - | €0 | €0 | €47 | €3k | ▲ 5,759% |
| Recurring financial income75 | €10 | €0 | €0 | €47 | €3k | ▲ 5,759% |
| Financial charges65/66B | - | €87k | €89k | €103k | €119k | ▲ 15.5% |
| Recurring financial charges65 | €79k | €87k | €89k | €103k | €119k | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €-196k | €-95k | €-87k | €-154k | €-71k | ▲ 53.5% |
| Transfer from deferred taxes780 | - | €66k | €64k | €73k | €62k | ▼ 15.9% |
| Income taxes67/77 | €494 | €18k | €481 | €11k | €39k | ▲ 242% |
| Profit (loss) for the period9904 | €-127k | €-47k | €-23k | €-92k | €-48k | ▲ 47.2% |
| Transfer from tax-exempt reserves789 | - | €198k | €191k | €220k | €185k | ▼ 15.9% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €84k | - |
| Profit (loss) for the period to be appropriated9905 | €79k | €151k | €168k | €129k | €53k | ▼ 59.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.08M | €10.21M | €10.15M | €10.04M | €9.97M | ▼ 0.7% |
| Fixed assets21/28 | €10.03M | €10.02M | €9.68M | €9.77M | €9.58M | ▼ 1.9% |
| Tangible fixed assets22/27 | €10.03M | €10.02M | €9.68M | €9.76M | €9.58M | ▼ 1.9% |
| Land and buildings22 | - | €9.90M | €9.59M | €9.63M | €9.48M | ▼ 1.5% |
| Plant, machinery and equipment23 | - | €5k | €2k | €567 | €2k | ▲ 231% |
| Furniture and vehicles24 | - | €118k | €95k | €137k | €102k | ▼ 25.5% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €50k | €187k | €471k | €274k | €382k | ▲ 39.7% |
| Amounts receivable within one year40/41 | €17k | €5k | €73k | €7k | €21k | ▲ 212% |
| Trade receivables40 | - | €171 | €71k | €2k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €4k | €1k | €5k | €21k | ▲ 336% |
| Current investments50/53 | €236 | €236 | €235 | €175k | €222k | ▲ 26.8% |
| Cash at bank and in hand54/58 | €29k | €155k | €392k | €88k | €112k | ▲ 27.5% |
| Deferred charges and accrued income490/1 | - | €27k | €6k | €4k | €27k | ▲ 619% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.08M | €10.21M | €10.15M | €10.04M | €9.97M | ▼ 0.7% |
| Equity10/15 | €3.85M | €3.81M | €3.78M | €3.69M | €3.64M | ▼ 1.3% |
| Contributions10/11 | €667k | €667k | €667k | €667k | €667k | = |
| Capital10 | - | €667k | €667k | €667k | €667k | = |
| Issued capital100 | - | €667k | €667k | €667k | €667k | = |
| Reserves13 | €3.58M | €3.38M | €3.19M | €3.02M | €2.97M | ▼ 1.6% |
| Non-distributable reserves130/1 | - | €11k | €11k | €17k | €17k | = |
| Legal reserve130 | - | €11k | €11k | €17k | €17k | = |
| Tax-exempt reserves132 | - | €3.37M | €3.17M | €2.95M | €2.85M | ▼ 3.4% |
| Distributable reserves133 | - | - | - | €51k | €103k | ▲ 105% |
| Profit (loss) carried forward14 | €-388k | €-236k | €-68k | €0 | €0 | - |
| Provisions and deferred taxes16 | €1.26M | €1.20M | €1.13M | €1.06M | €998k | ▼ 5.8% |
| Deferred taxes168 | - | €1.20M | €1.13M | €1.06M | €998k | ▼ 5.8% |
| Amounts payable17/49 | €4.97M | €5.20M | €5.24M | €5.29M | €5.33M | ▲ 0.7% |
| Amounts payable after more than one year17 | €4.67M | €4.83M | €4.83M | €4.83M | €4.83M | = |
| Other amounts payable178/9 | - | €4.83M | €4.83M | €4.83M | €4.83M | = |
| Amounts payable within one year42/48 | €290k | €363k | €395k | €452k | €492k | ▲ 8.9% |
| Trade debts44 | €16k | €43k | €19k | €13k | €40k | ▲ 209% |
| Suppliers440/4 | - | €43k | €19k | €13k | €40k | ▲ 209% |
| Taxes, remuneration and social security45 | - | €5k | €12k | €11k | €16k | ▲ 50.0% |
| Taxes450/3 | - | €5k | €12k | €11k | €16k | ▲ 50.0% |
| Other amounts payable47/48 | - | €315k | €364k | €428k | €435k | ▲ 1.8% |
| Accrued charges and deferred income492/3 | - | €7k | €10k | €5k | €2k | ▼ 59.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-127k | €-47k | €-23k | €-92k | €-48k | ▲ 47.2% |
| + Depreciation and write-downs630 | €449k | €451k | €451k | €575k | €513k | ▼ 10.7% |
| Operating cash flow (approximation) | €322k | €404k | €428k | €483k | €465k | ▼ 3.7% |
| Investment in fixed assets (approximation) | - | €-438k | €-114k | €-656k | €-331k | ▲ 49.5% |
| Change in cash | - | €126k | €236k | €-304k | €24k | ▲ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity doublescurrent ratio 1.19
Current ratio from 0.51 to 1.19.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-222k
Net result drops to €-222k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Sint-Pieters-Leeuw · 1 establishment unit since 2000
Ground area
1,095 m²
Building footprint
144 m²
Volume, LiDAR
816 m³
Parcel 23077B0143/00H009, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
QUERCURIUS
since 20002.093.849.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077B0143/00H009 | Flanders | 1,095 m² | 1 · 144 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,666 EUR awarded · 1,666 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,666 EUR | 1,666 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 13,977 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-04-2000
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.
Business parks
1 parkDevelops business zone:Bedrijvenzone Ruysbroeckveld