QUEST FOR SECURITY
ActiveQUEST FOR SECURITY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €-2k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 39% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-17
Solvency67▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.43 in 2024; short-term debt: 56.9% and cash: 11% of total assets), and 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 63
Relative position
BE, all sectors
reference
Sector 63
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 2025Solvency, return and age of the figures
Solvency
42.4%
Return on assets
-1.2%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
4 d early
2023
26 d late
2022
4 d early
2021
32 d early
2020
36 d early
2019
3 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▼ 2.8%
2024 · €56k
2018: €42k
2019: €45k
2020: €46k
2021: €49k
2022: €39k
2023: €48k
2024: €56k
2018 → 2025
Total assets
€129k▲ 26.0%
2024 · €102k
2018: €71k
2019: €75k
2020: €70k
2021: €64k
2022: €93k
2023: €100k
2024: €102k
2018 → 2025
Net result
€-2k
2024 · €9k
2018: €5k
2019: €11k
2020: €9k
2021: €26k
2022: €18k
2023: €8k
2024: €9k
2018 → 2025
Working capital
€22k▲ 8.0%
2024 · €20k
2018: €37k
2019: €32k
2020: €32k
2021: €31k
2022: €19k
2023: €26k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€39k▼ 19.5%€48k▲ 21.7%€56k▲ 18.1%€55k▼ 2.8%
Operating result€35k-€77k▲ 119%€49k▼ 36.6%€40k▼ 18.3%€45k▲ 12.0%
Net result€26k-€18k▼ 30.2%€8k▼ 53.8%€9k▲ 1.6%€-2k
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 recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€34k▼ 6.3%
Current assets
€95k▲ 43.8%
Equity and liabilities €129k
Equity
€55k▼ 2.8%
Debt
€74k▲ 61.1%
The debt ratio rises from 45.0% to 57.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€47k▲
2024 · €44k
Cash flow
€733▼
2024 · €13k
Solvency
42.4%▼
2024 · 55.0%
Current ratio
1.29▼
2024 · 1.43
Quick ratio
1.29▼
2024 · 1.43
Debt / equity
1.36▲
2024 · 0.82
ROE
-2.8%▼
2024 · 15.3%
ROA
-1.2%▼
2024 · 8.4%
Interest coverage
1.06▼
2024 · 1.59
Debt
€74k▲
2024 · €46k
Debt ≤ 1 year
€73k▲
2024 · €46k
Income taxes
€2k▼
2024 · €4k
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€102k€129k▲
Fixed assets21/28€36k€34k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€3k€767▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€31k€31k=
Current assets29/58€66k€95k▲
Amounts receivable within one year40/41€20k€59k▲
Trade receivables40€16k€59k▲
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€23k€14k▼
Deferred charges and accrued income490/1€23k€22k▼
Equity and liabilities
Total equity and liabilities10/49€102k€129k▲
Equity10/15€56k€55k▼
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€17k€16k▼
Amounts payable17/49€46k€74k▲
Amounts payable within one year42/48€46k€73k▲
Trade debts44€9k€9k▼
Suppliers440/4€9k€9k▼
Taxes, remuneration and social security45€15k€18k▲
Taxes450/3€15k€18k▲
Other amounts payable47/48€22k€47k▲
Accrued charges and deferred income492/3€4€868▲
Income statement
Code20242025
Non-recurring operating income76A-€1
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€986€1k▲
Gross operating margin9900€45k€48k▲
Operating profit (loss)9901€40k€45k▲
Financial income75/76B€274€27▼
Recurring financial income75€274€27▼
Financial charges65/66B€28k€44k▲
Recurring financial charges65€28k€44k▲
Profit (loss) for the period before taxes9903€12k€571▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€9k€-2k▼
Profit (loss) for the period to be appropriated9905€9k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€16k▼
Profit (loss) brought forward from the previous period14P€9k€17k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (8 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k ▼118%
Net result drops to €-2k, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €26k ▲207%
Net result €26k, the highest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2016
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.
Englebert Carleerlaan 243012 LeuvenGround area
608 m²
Building footprint
110 m²
Volume, LiDAR
583 m³
Parcel 24126D0301/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QUEST FOR SECURITY
since 20162.250.847.584
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0301/00G000 | Flanders | 608 m² | 1 · 110 m² | 8.2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 375 EUR awarded · 375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 375 EUR | 375 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
254900HWX71T7EU32I02
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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,224 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2016
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62100Computer programming
62200Computer consultancy and computer facilities management
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:peter.geelen.kbo@q4sec.be
E-mail:kbo@q4sec.be