QUERCUS CONSULT
ActiveQUERCUS CONSULT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.64M and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 71% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-80
Solvency100▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 5.83 against 5.32 in 2024; short-term debt: 11.7% and cash: 1.8% of total assets), and 25.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 70
lower
← 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
74.7%
Return on assets
-1%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
14 d late
2023
12 d early
2022
11 d early
2021
2 d early
2020
19 d early
2019
31 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.64M▼ 1.3%
2024 · €1.66M
2018: €116k
2019: €162k
2020: €131k
2021: €127k
2022: €147k
2023: €206k
2024: €1.66M
2018 → 2025
Total assets
€2.19M▼ 4.6%
2024 · €2.29M
2018: €601k
2019: €624k
2020: €585k
2021: €545k
2022: €529k
2023: €955k
2024: €2.29M
2018 → 2025
Net result
€-22k
2024 · €1.45M
2018: €13k
2019: €98k
2020: €20k
2021: €-4k
2022: €20k
2023: €59k
2024: €1.45M
2018 → 2025
Working capital
€1.24M▼ 4.9%
2024 · €1.30M
2018: €-41k
2019: €18k
2020: €10k
2021: €-20k
2022: €-11k
2023: €-225k
2024: €1.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€147k▲ 15.7%€206k▲ 39.9%€1.66M▲ 705%€1.64M▼ 1.3%
Operating result€14k-€-14k€4k€2.03M▲ 48,212%€-25k
Net result€-4k-€20k€59k▲ 195%€1.45M▲ 2,371%€-22k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €2.03M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.19M
Fixed assets
€691k▲ 0.6%
Current assets
€1.50M▼ 6.8%
Equity and liabilities €2.19M
Equity
€1.64M▼ 1.3%
Provisions
€30k▼ 3.1%
Debt
€523k▼ 13.6%
The debt ratio falls from 26.4% to 23.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €2.06M
Cash flow
€15k▼
2024 · €1.48M
Solvency
74.7%▲
2024 · 72.3%
Current ratio
5.83▲
2024 · 5.32
Quick ratio
5.83▲
2024 · 5.32
Debt / equity
0.32▼
2024 · 0.36
ROE
-1.3%▼
2024 · 87.6%
ROA
-1.0%▼
2024 · 63.3%
Interest coverage
0.34▼
2024 · 65.87
Debt
€523k▼
2024 · €605k
Debt ≤ 1 year
€257k▼
2024 · €302k
Debt > 1 year
€266k▼
2024 · €302k
Income taxes
€717▼
2024 · €516k
Staff costs
€28k▼
2024 · €31k
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€2.29M€2.19M▼
Fixed assets21/28€687k€691k▲
Tangible fixed assets22/27€610k€614k▲
Land and buildings22€548k€530k▼
Furniture and vehicles24€41k€53k▲
Other tangible fixed assets26€22k€31k▲
Financial fixed assets28€77k€77k=
Current assets29/58€1.61M€1.50M▼
Amounts receivable after more than one year29€75k€75k=
Other amounts receivable291€75k€75k=
Amounts receivable within one year40/41€23k€49k▲
Trade receivables40€6k€10k▲
Other amounts receivable41€17k€39k▲
Current investments50/53€10k€1.31M▲
Cash at bank and in hand54/58€1.47M€40k▼
Deferred charges and accrued income490/1€26k€21k▼
Equity and liabilities
Total equity and liabilities10/49€2.29M€2.19M▼
Equity10/15€1.66M€1.64M▼
Contributions10/11€6k€6k=
Reserves13€1.65M€1.63M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€862k€858k▼
Distributable reserves133€789k€771k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€31k€30k▼
Deferred taxes168€31k€30k▼
Amounts payable17/49€605k€523k▼
Amounts payable after more than one year17€302k€266k▼
Financial debts170/4€302k€266k▼
Amounts payable within one year42/48€302k€257k▼
Current portion of amounts payable after more than one year42€52k€65k▲
Financial debts43€103k€104k▲
Credit institutions430/8€103k€104k▲
Other loans439€0-
Trade debts44€99k€43k▼
Suppliers440/4€99k€43k▼
Taxes, remuneration and social security45€47k€45k▼
Taxes450/3€38k€39k▲
Remuneration and social security454/9€9k€6k▼
Other amounts payable47/48€1k€0▼
Accrued charges and deferred income492/3€300€0▼
Income statement
Code20242025
Non-recurring operating income76A€162k€0▼
Remuneration, social security and pensions62€31k€28k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€37k▲
Other operating charges640/8€6k€6k=
Gross operating margin9900€2.09M€45k▼
Operating profit (loss)9901€2.03M€-25k▼
Financial income75/76B€2k€37k▲
Recurring financial income75€2k€37k▲
Financial charges65/66B€31k€33k▲
Recurring financial charges65€31k€33k▲
Profit (loss) for the period before taxes9903€2.00M€-22k▼
Transfer from deferred taxes780€1k€981▼
Transfer to deferred taxes680€32k€0▼
Income taxes67/77€516k€717▼
Profit (loss) for the period9904€1.45M€-22k▼
Transfer from tax-exempt reserves789€4k€4k▼
Transfer to tax-exempt reserves689€866k€0▼
Profit (loss) for the period to be appropriated9905€590k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€590k€-18k▼
Transfer from equity791/2-€18k
Transfer to equity691/2€589k€0▼
To other reserves6921€589k€0▼
Profit to be distributed694/7€1k€0▼
Directors or managers695€1k€0▼
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (22 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-22k ▼101%
Net result drops to €-22k, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 14 days late
2024
31-12
Financial
Highest result since 2018net €1.45M ▲2371%
Operating result €2.03M, net result €1.45M, both a record.
31-12
Financial
Liquidity times 11current ratio 5.32
Current ratio from 0.48 to 5.32; short-term debt falls from €433k to €302k.
31-12
Financial
Equity above €1MEq €1.66M ▲705%
3 profitable years in a row build equity to €1.66M.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €206k ▲39.9%
2 profitable years in a row build equity to €206k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Equity above €150kEq €162k ▲39.5%
2 profitable years in a row build equity to €162k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
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.
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, Zedelgem · 1 establishment unit since 2004
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.
Heidelbergstraat 338210 ZedelgemGround area
658 m²
Building footprint
254 m²
Volume, LiDAR
1,223 m³
Parcel 31017E0109/00R002, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
QUERCUS CONSULT
since 20042.144.290.017
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017E0109/00R002 | Flanders | 658 m² | 1 · 254 m² | 10.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 890 EUR awarded · 890 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 168 EUR | 168 EUR |
| 2024 | 1 | 141 EUR | 141 EUR |
| 2023 | 1 | 484 EUR | 484 EUR |
| 2022 | 1 | 97 EUR | 97 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
69940011PEKJJ011SM92
Similar companies · same sector, comparable size
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Piping & Process Solutions
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Lummen · Eq €1.64M
CLAES INVEST
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ASGARD INVEST
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Genk · Eq €1.63M
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 22,454 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
74142
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.