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.
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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)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, abbreviated schema
Equity
€16k▲ 10.7%
2023 · €15k
Total assets
€66k▼ 44.3%
2023 · €119k
Net result
€2k▼ 81.7%
2023 · €9k
Working capital
€16k▲ 10.7%
2023 · €15k
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
Line20202021202220232024
Operating result€6k€5k▼ 8.9%€5k▼ 12.1%€12k▲ 154%€2k▼ 79.3%
Net result€6k€5k▼ 23.9%€4k▼ 17.2%€9k▲ 126%€2k▼ 81.7%
Equity€-291▲ 93.3%€4k€7k▲ 65.2%€15k▲ 107%€16k▲ 10.7%
Total assets€21k▼ 16.3%€38k▲ 81.5%€42k▲ 10.0%€119k▲ 184%€66k▼ 44.3%
Debt€21k▼ 27.7%€34k▲ 58.7%€35k▲ 2.9%€104k▲ 200%€50k▼ 52.1%
Working capital€-371▲ 91.8%€4k€7k▲ 68.3%€15k▲ 107%€16k▲ 10.7%
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.
Annual accounts
| 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 1,364. 801 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.