Querjan
ActiveSummary
Querjan has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €443,579 and a net result of -€25,961. Equity is growing by about 8.3% per year across the filed financial years. Its solvency ranks better than 55% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- ≈ 1.2 FTE, estimated
- Equity
- €443,579
- Loss
- -€25,961
Why 89raises riskSector: Specialised construction activities (NACE 43)Loss of €25,961 (financial year 2025)lowers riskFounded in 1973Liquidity: current ratio 2.01, cash €159,306Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 56% on solvency, 40% on liquidity, 13% on profitability and 25% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 55 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€25,961
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €20,857 after €64,945 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0.9m | €0.8m | €0.7m | €1.0m | €1.1m | €1.2m | €1.1m | €1.0m | ▼ 9.7% |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.04m | €0.01m | ▼ 67.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.9m | €0.9m | €1.1m | €1.0m | €0.9m | ▼ 6.4% |
| Remuneration, social security and pensions62 | - | - | - | €0.05m | €0.05m | €0.06m | €0.06m | €0.06m | ▲ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.006m | €0.009m | €0.009m | €0.009m | €0.007m | €0.02m | €0.02m | €0.02m | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.04m | €0.04m | ▲ 10.1% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 8.1% |
| Gross operating margin9900 | €0.09m | €0.06m | €0.03m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 43.4% |
| Operating profit (loss)9901 | €0.03m | -€0.004m | -€0.02m | €0.1m | €0.2m | €0.1m | €0.06m | -€0.02m | - |
| Financial income75/76B | - | - | - | €0.001m | €0.002m | €0.003m | €0.003m | €0.003m | ▼ 1.8% |
| Recurring financial income75 | €0.001m | €0.002m | - | €0.001m | €0.002m | €0.003m | €0.003m | €0.003m | ▼ 1.8% |
| Financial charges65/66B | - | - | - | €453 | €0.06m | €0.003m | €0.001m | €0.002m | ▲ 79.4% |
| Recurring financial charges65 | €0.001m | €0.001m | €0.001m | €453 | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 11.7% |
| Non-recurring financial charges66B | - | - | - | - | €0.06m | €0.002m | €183 | €0.001m | ▲ 405% |
| Profit (loss) for the period before taxes9903 | €0.01m | €0.02m | -€0.03m | €0.1m | €0.1m | €0.1m | €0.07m | -€0.02m | - |
| Income taxes67/77 | €0.01m | €0.001m | €215 | €0.02m | €0.05m | €0.04m | €0.03m | €0.007m | ▼ 77.1% |
| Profit (loss) for the period9904 | -€408 | €0.02m | -€0.03m | €0.08m | €0.07m | €0.07m | €0.04m | -€0.03m | - |
| Profit (loss) for the period to be appropriated9905 | -€408 | €0.02m | -€0.03m | €0.08m | €0.07m | €0.07m | €0.04m | -€0.03m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €560,163 | €582,952 | €567,948 | €610,674 | €786,641 | €827,597 | €764,353 | €868,478 | ▲ 13.6% |
| Fixed assets21/28 | €17,156 | €25,601 | €16,739 | €6,978 | €25,301 | €48,528 | €32,421 | €16,314 | ▼ 49.7% |
| Tangible fixed assets22/27 | €16,202 | €24,647 | €15,785 | €6,923 | €25,246 | €48,473 | €32,366 | €16,259 | ▼ 49.8% |
| Furniture and vehicles24 | - | - | - | €6,923 | €25,246 | €48,473 | €32,366 | €16,259 | ▼ 49.8% |
| Financial fixed assets28 | €954 | €954 | €954 | €55 | €55 | €55 | €55 | €55 | = |
| Current assets29/58 | €543,007 | €557,351 | €551,209 | €603,696 | €761,340 | €779,069 | €731,932 | €852,164 | ▲ 16.4% |
| Stocks and contracts in progress3 | €21,443 | €2,419 | €17,715 | €26,485 | €42,448 | €31,650 | €20,273 | €60,444 | ▲ 198% |
| Stocks30/36 | - | - | - | €26,485 | €42,448 | €31,650 | €20,273 | €60,444 | ▲ 198% |
| Amounts receivable within one year40/41 | €156,245 | €131,846 | €62,465 | €72,556 | €153,331 | €141,428 | €126,809 | €126,332 | ▼ 0.4% |
| Trade receivables40 | - | - | - | €54,092 | €126,075 | €119,960 | €98,915 | €98,750 | ▼ 0.2% |
| Other amounts receivable41 | - | - | - | €18,464 | €27,256 | €21,468 | €27,894 | €27,582 | ▼ 1.1% |
| Current investments50/53 | €179,503 | €243,421 | €303,521 | €366,754 | €336,809 | €394,918 | €463,521 | €502,620 | ▲ 8.4% |
| Cash at bank and in hand54/58 | €182,732 | €175,232 | €164,292 | €134,667 | €225,229 | €206,634 | €117,155 | €159,306 | ▲ 36.0% |
| Deferred charges and accrued income490/1 | - | - | - | €3,234 | €3,523 | €4,439 | €4,174 | €3,462 | ▼ 17.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €560,163 | €582,952 | €567,948 | €610,674 | €786,641 | €827,597 | €764,353 | €868,478 | ▲ 13.6% |
| Equity10/15 | €383,054 | €405,909 | €380,386 | €462,095 | €535,605 | €571,339 | €609,807 | €443,579 | ▼ 27.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €376,738 | €387,309 | €387,309 | €443,495 | €517,005 | €550,879 | €589,347 | €449,080 | ▼ 23.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €34,772 | €34,772 | €34,772 | €34,772 | €34,772 | = |
| Distributable reserves133 | - | - | - | €406,863 | €480,373 | €516,107 | €554,575 | €414,308 | ▼ 25.3% |
| Profit (loss) carried forward14 | -€12,284 | - | -€25,523 | - | - | - | - | -€25,961 | - |
| Amounts payable17/49 | €177,109 | €177,043 | €187,562 | €148,579 | €251,036 | €256,258 | €154,546 | €424,899 | ▲ 175% |
| Amounts payable after more than one year17 | €12,249 | €14,598 | €5,896 | €1,474 | €14,105 | €21,626 | €9,909 | €1,013 | ▼ 89.8% |
| Financial debts170/4 | - | - | - | €1,474 | €14,105 | €21,626 | €9,909 | €1,013 | ▼ 89.8% |
| Amounts payable within one year42/48 | €164,860 | €162,445 | €181,666 | €147,105 | €236,931 | €234,632 | €144,637 | €423,886 | ▲ 193% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,422 | €7,116 | €11,718 | €11,718 | €8,896 | ▼ 24.1% |
| Trade debts44 | €122,150 | €130,423 | €162,726 | €111,512 | €127,106 | €64,063 | €98,800 | €154,523 | ▲ 56.4% |
| Suppliers440/4 | - | - | - | €111,512 | €127,106 | €64,063 | €98,800 | €154,523 | ▲ 56.4% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €84,000 | - |
| Taxes, remuneration and social security45 | - | - | - | €31,171 | €102,709 | €125,735 | €34,119 | €45,318 | ▲ 32.8% |
| Taxes450/3 | - | - | - | €20,433 | €80,705 | €93,629 | €17,623 | €29,483 | ▲ 67.3% |
| Remuneration and social security454/9 | - | - | - | €10,738 | €22,004 | €32,106 | €16,496 | €15,835 | ▼ 4.0% |
| Other amounts payable47/48 | - | - | - | - | - | €33,116 | - | €131,149 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€408 | €22,855 | -€25,523 | €81,709 | €73,510 | €70,593 | €38,468 | -€25,961 | - |
| + Depreciation and write-downs630 | €6,401 | €8,862 | €8,862 | €8,862 | €6,859 | €16,388 | €16,107 | €16,107 | = |
| Operating cash flow (approximation) | €5,993 | €31,717 | -€16,661 | €90,571 | €80,369 | €86,981 | €54,575 | -€9,854 | - |
| Investment in fixed assets (approximation) | - | -€17,307 | €0 | €899 | -€25,182 | -€39,615 | €0 | €0 | - |
| Change in cash | - | -€7,500 | -€10,940 | -€29,625 | €90,562 | -€18,595 | -€89,479 | €42,151 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00138727 |
| 31-12-2024 | micro format | 23-05-2025 | 2025-00121797 |
| 31-12-2023 | micro format | 14-06-2024 | 2024-00130230 |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00117306 |
| 31-12-2021 | micro format | 01-06-2022 | 2022-20040942 |
| 31-12-2020 | micro format | 25-05-2021 | 2021-14900416 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-24400261 |
| 31-12-2018 | micro format | 19-05-2019 | 2019-13400236 |
| 31-12-2017 | micro format | 19-06-2018 | 2018-19400201 |
| 31-12-2016 | micro format | 11-05-2017 | 2017-11600514 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €2,100 awarded · €2,100 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| WINSSINGER Frédéric Cécile Paul |
|
Owners and capital
Owners
2 ownersOwners 2
- Frédéric Winssingernatural personSourceown accounts 201650%
- Rodolphe Winssingernatural personSourceown accounts 201650%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- Albert RICHIR founder
- WINSSINGER Frédéric Cécile Paul 125 shares
- WINSSINGER Rodolphe Robert Bernard Marie Ghislain 125 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 08-02-2023 Converted to unavailable equity
- 08-02-2023 Converted to unavailable equity · €18,600
- 08-02-2023 Converted to unavailable equity · €1,860
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
08-02
Gazette deed
Purpose · Legal-form change · Resignations & appointmentsResignation: WINSSINGER Frédéric Cécile Paul (manager) · Appointment: WINSSINGER Frédéric Cécile Paul (administrateur non statutaire) · Incorporation20 facts ▸
- General meeting, 02-02-2023
- Incorporation, 25-03-1980
- Founder, Albert RICHIR (notaire instrumentant)
- Amendment of the articles (2 times)
- Director in office, WINSSINGER Frédéric Cécile Paul (président de l'assemblée)
- Other provision, “constitution du bureau” (deed in French)
- Capital (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French) (3 times)
- Reserve release, “apport disponible hors capital” (deed in French)
- Power of attorney
- Director resignation, WINSSINGER Frédéric Cécile Paul (manager)
- Director appointment, WINSSINGER Frédéric Cécile Paul (administrateur non statutaire)
- +8 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0412.923.456
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22001B0076/00N002 | Flanders | 1,573 m² | 1 · 924 m² | 14.6 m · 1 |
| 25056B0364/00V000 | Wallonia | 1,190 m² | 1 · 96 m² | 8.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le montage de menuiseries extérieures et intérieures, châssis, portes et fenêtres, en PVC, bois et aluminium; La fourniture et…” (deed in French)
8 activities (deed in French)
- Le montage de menuiseries extérieures et intérieures, châssis, portes et fenêtres, en PVC, bois et aluminium
- La fourniture et l’installation de vitrages en tout genre en ce compris les vitrages super isolants
- La pose, l’entretien et la réparation de vérandas et pergolas en bois et aluminium
- L’entreprise de vente et de placement de volets en bois, de volets et/ou de menuiseries métalliques et PVC
- Tous types d’activités d’intermédiaire commercial
- Le commerce, dans le sens le plus large du terme, en ce compris l’import/export de châssis, portes, fenêtres, en bois, en aluminium ou en tous autres matériaux, ainsi que la quincaillerie et tous autres biens qui s’y rapportent
- La promotion immobilière pour compte propre
- La société pourra réaliser, tant en Belgique qu’à l’étranger, toutes opérations civiles ou commerciales, mobilières ou immobilières, se rapportant directement ou indirectement à l’objet social ou susceptibles d’en faciliter l’expansion et le développement
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, siège administratifs, agences, ateliers, dépôts et succursales par simple décision de l’organe d’administration; transfert…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 16. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, l'assemblée qui nomme le ou les administrateur(s) fixe leur nombre, la durée de leur mandat et, en cas de…” (deed in French)“Rémunération des administrateurs, l'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Toutes les actions sont nominatives, elles portent un numéro d’ordre., Elles sont inscrites dans le registre des actions nominatives ; ce…” (deed in French)“Tous les titres, autres que les actions, sont nominatifs, ils portent un numéro d’ordre., Ils sont inscrits dans un registre des titres…” (deed in French)“En cas de décès de l’actionnaire unique, l’exercice des droits afférents aux actions est suspendu jusqu’au jour du partage desdites actions…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Tout versement appelé s'impute sur l'ensemble des actions dont l'actionnaire est titulaire., Les actions doivent être entièrement libérées à…” (deed in French)“L’ouverture de la souscription avec droit de préférence ainsi que son délai d’exercice sont fixés par l’organe qui procède à l’émission et…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed