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Quest-it

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 201016 yrs activeBrouwerijstraat 75, 8790 Waregem, BelgiumKBO/BCE: BE 0824.450.312
Summary

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 · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
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 2024
Solvency, 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 filings
Deviation 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Quest-it was incorporated on 26 March 2010.1 Total assets rose from EUR 24,623 in 2018 to EUR 66,185 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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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
€0€5k€10kOperating result 2020: €6k€6kNet result 2020: €6k€6kOperating result 2021: €5k€5kNet result 2021: €5k€5kOperating result 2022: €5k€5kNet result 2022: €4k€4kOperating result 2023: €12k€12kNet result 2023: €9k€9kOperating result 2024: €2k€2kNet result 2024: €2k€2k20202021202220232024€0€5k€10kOperating result 2022: €5k€4.7kNet result 2022: €4k€3.8kOperating result 2023: €12k€12kNet result 2023: €9k€8.6kOperating result 2024: €2k€2.5kNet result 2024: €2k€1.6k202220232024
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
2024 value · change against 2023
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
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.

Line20202021202220232024Change
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%
Line20202021202220232024Change
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%
Line20202021202220232024Change
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.

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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
seat establishment The establishment unit on the map
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
Brouwerijstraat 75, 8790 WaregemBusiness consulting
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 approval
Quality registration as a provider
Toegekend · valid until 2027-09-04

Similar companies · same sector, comparable size

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.