Quest-it
ActiveSummary
Quest-it has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €2k. Equity is growing by ~92.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 353 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-13
Solvency50▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.14 in 2023; short-term debt: 75.4% and cash: 1.3% of total assets), and 75.4% 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+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
24.6%
Return on assets
2.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
64 d late
2022
58 d late
2021
77 d late
2020
20 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€16k▲ 10.7%
2023 · €15k
2018: €-52
2019: €-4k▼ -8240% vs 2018lowest in 7 years
2020: €-291▲ +93.3% vs 2019
2021: €4k▲ +1580% vs 2020
2022: €7k▲ +65.2% vs 2021
2023: €15k▲ +107% vs 2022
2024: €16k▲ +10.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€66k▼ 44.3%
2023 · €119k
2018: €25k
2019: €25k▲ +1.7% vs 2018
2020: €21k▼ -16.3% vs 2019lowest in 7 years
2021: €38k▲ +81.5% vs 2020
2022: €42k▲ +10.0% vs 2021
2023: €119k▲ +184% vs 2022highest in 7 years
2024: €66k▼ -44.3% vs 2023
2018 → 2024
Net result
€2k▼ 81.7%
2023 · €9k
2018: €-12klowest in 7 years
2019: €-5k▲ +56.0% vs 2018
2020: €6k▲ +214% vs 2019
2021: €5k▼ -23.9% vs 2020
2022: €4k▼ -17.2% vs 2021
2023: €9k▲ +126% vs 2022highest in 7 years
2024: €2k▼ -81.7% vs 2023
2018 → 2024
Working capital
€16k▲ 10.7%
2023 · €15k
2018: €-550
2019: €-5k▼ -719% vs 2018lowest in 7 years
2020: €-371▲ +91.8% vs 2019
2021: €4k▲ +1239% vs 2020
2022: €7k▲ +68.3% vs 2021
2023: €15k▲ +107% vs 2022
2024: €16k▲ +10.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-291-€4k€7k▲ 65.2%€15k▲ 107%€16k▲ 10.7%
2020: €-291lowest in 5 years
2021: €4k▲ +1580% vs 2020
2022: €7k▲ +65.2% vs 2021
2023: €15k▲ +107% vs 2022
2024: €16k▲ +10.7% vs 2023highest in 5 years
Operating result€6k-€5k▼ 8.9%€5k▼ 12.1%€12k▲ 154%€2k▼ 79.3%
2020: €6k
2021: €5k▼ -8.9% vs 2020
2022: €5k▼ -12.1% vs 2021
2023: €12k▲ +154% vs 2022highest in 5 years
2024: €2k▼ -79.3% vs 2023lowest in 5 years
Net result€6k-€5k▼ 23.9%€4k▼ 17.2%€9k▲ 126%€2k▼ 81.7%
2020: €6k
2021: €5k▼ -23.9% vs 2020
2022: €4k▼ -17.2% vs 2021
2023: €9k▲ +126% vs 2022highest in 5 years
2024: €2k▼ -81.7% vs 2023lowest in 5 years
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 falls in 2024; 2024 is 79% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €66k
Equity
€16k ▲ 10.7%
Debt
€50k ▼ 52.1%
Debt's share of the balance-sheet total falls from 87.6% to 75.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.33▲
2023 · 1.14
Debt to equity
3.06▼
2023 · 7.06
ROE
9.7%▼
2023 · 58.4%
ROA
2.4%▼
2023 · 7.2%
Debt ≤ 1 year
€50k▼
2023 · €104k
Income taxes
€521▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet
Code20232024
Assets
Total assets20/58€119k€66k▼
Current assets29/58€119k€66k▼
Amounts receivable within one year40/41€118k€65k▼
Trade receivables40€77k€21k▼
Other amounts receivable41€41k€44k▲
Cash at bank and in hand54/58€845€847▲
Equity and liabilities
Total equity and liabilities10/49€119k€66k▼
Equity10/15€15k€16k▲
Contributions10/11€8k€8k=
Reserves13€5k€5k=
Non-distributable reserves130/1€20€20=
Reserves not available under the articles1311€20€20=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€104k€50k▼
Amounts payable within one year42/48€104k€50k▼
Trade debts44€99k€44k▼
Suppliers440/4€99k€44k▼
Other amounts payable47/48€5k€6k▲
Income statement
Code20232024
Other operating charges640/8€984€513▼
Gross operating margin9900€13k€3k▼
Operating profit (loss)9901€12k€2k▼
Financial charges65/66B€400€360▼
Recurring financial charges65€400€360▼
Profit (loss) for the period before taxes9903€11k€2k▼
Income taxes67/77€3k€521▼
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€2k€3k▲
Profit (loss) brought forward from the previous period14P€-7k€2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84 | - | - | - | - | - |
| Other operating charges640/8 | - | €459 | €460 | €984 | €513 | ▼ 47.9% |
| Gross operating margin9900 | €6k | €6k | €5k | €13k | €3k | ▼ 76.9% |
| Operating profit (loss)9901 | €6k | €5k | €5k | €12k | €2k | ▼ 79.3% |
| Recurring financial income75 | €24 | - | - | - | - | - |
| Financial charges65/66B | - | €713 | €673 | €400 | €360 | ▼ 10.0% |
| Recurring financial charges65 | €408 | €713 | €673 | €400 | €360 | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | €6k | €5k | €4k | €11k | €2k | ▼ 81.7% |
| Income taxes67/77 | - | - | €189 | €3k | €521 | ▼ 81.9% |
| Profit (loss) for the period9904 | €6k | €5k | €4k | €9k | €2k | ▼ 81.7% |
| Profit (loss) for the period to be appropriated9905 | €6k | €5k | €4k | €9k | €2k | ▼ 81.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21k | €38k | €42k | €119k | €66k | ▼ 44.3% |
| Fixed assets21/28 | €80 | €80 | - | - | - | - |
| Financial fixed assets28 | €80 | €80 | - | - | - | - |
| Current assets29/58 | €21k | €38k | €42k | €119k | €66k | ▼ 44.3% |
| Amounts receivable within one year40/41 | €13k | €37k | €40k | €118k | €65k | ▼ 44.6% |
| Trade receivables40 | - | €34k | €36k | €77k | €21k | ▼ 72.5% |
| Other amounts receivable41 | - | €4k | €3k | €41k | €44k | ▲ 8.4% |
| Cash at bank and in hand54/58 | €6k | €637 | €2k | €845 | €847 | ▲ 0.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21k | €38k | €42k | €119k | €66k | ▼ 44.3% |
| Equity10/15 | €-291 | €4k | €7k | €15k | €16k | ▲ 10.7% |
| Contributions10/11 | - | €10k | €9k | €8k | €8k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | - | €20 | €20 | €20 | €20 | = |
| Reserves not available under the articles1311 | - | €20 | €20 | €20 | €20 | = |
| Distributable reserves133 | - | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €-15k | €-11k | €-7k | €2k | €3k | ▲ 87.8% |
| Amounts payable17/49 | €21k | €34k | €35k | €104k | €50k | ▼ 52.1% |
| Amounts payable within one year42/48 | €21k | €34k | €35k | €104k | €50k | ▼ 52.1% |
| Trade debts44 | €17k | €34k | €30k | €99k | €44k | ▼ 55.8% |
| Suppliers440/4 | - | €34k | €30k | €99k | €44k | ▼ 55.8% |
| Taxes, remuneration and social security45 | - | - | €189 | - | - | - |
| Taxes450/3 | - | - | €189 | - | - | - |
| Other amounts payable47/48 | - | - | €4k | €5k | €6k | ▲ 19.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €5k | €4k | €9k | €2k | ▼ 81.7% |
| + Depreciation and write-downs630 | €84 | - | - | - | - | - |
| Operating cash flow (approximation) | €6k | €5k | €4k | €9k | €2k | ▼ 81.7% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €-5k | €2k | €-1k | €2 | ▲ 100% |
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
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
2023
31-12
Financial
Highest result since 2018net €9k ▲126%
Operating result €12k, net result €9k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 12 days late
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Waregem · 1 establishment unit since 2010
Ground area
866 m²
Building footprint
177 m²
Volume, LiDAR
700 m³
Parcel 34452B0715/00G000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Quest-it
since 20102.188.191.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0715/00G000 | Flanders | 866 m² | 1 · 177 m² | 8.2 m · 1 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.
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 2,362 companies in sector 78100 we hold annual accounts for 1,363. 802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded26-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
78100Employment placement agencies
Scores and ratios are computed by Checked and are not a credit decision.