QUEST4
ActiveSummary
QUEST4 has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€15,015) and a net result of -€30,868. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 1931 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency0▼-52
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 1.06 in 2023; short-term debt: 128.4% and cash: 18.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-28.4%
Return on assets
-58.4%
Age of the figures
21 mo
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 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€15,015
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 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
29 d early
2022
46 d early
2021
47 d early
2020
54 d early
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€15,015
2023 · €15,853
Total assets
€52,859▼ 10.6%
2023 · €59,109
Net result
-€30,868
2023 · €19,875
Working capital
-€50,627
2023 · €2,482
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€5,122▼ 34.3%€3,844▼ 24.9%-€30,993€24,283-€28,178
Net result€3,380▼ 43.5%€1,347▼ 60.1%-€32,035€19,875-€30,868
Equity€26,666▲ 14.5%€28,014▲ 5.1%-€4,021€15,853-€15,015
Total assets€68,029▼ 18.1%€84,827▲ 24.7%€75,042▼ 11.5%€59,109▼ 21.2%€52,859▼ 10.6%
Debt€41,362▼ 30.8%€56,814▲ 37.4%€79,063▲ 39.2%€43,256▼ 45.3%€67,874▲ 56.9%
Working capital€13,056▲ 14.7%€7,397▼ 43.3%-€28,995€2,482-€50,627
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €28,178 after €24,283 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52,859
Fixed assets
€35,612 ▲ 166%
Current assets
€17,247 ▼ 62.3%
Key figures and ratios
EBITDA
-€15,661▼
2023 · €30,274
Cash flow
-€18,351▼
2023 · €25,865
Solvency
-28.4%▼
2023 · 26.8%
Current ratio
0.25▼
2023 · 1.06
Debt to equity
-4.52▼
2023 · 2.73
ROA
-58.4%▼
2023 · 33.6%
Interest coverage
-7.71▼
2023 · 10.28
Debt ≤ 1 year
€67,874▲
2023 · €43,256
Income taxes
€797▼
2023 · €1,478
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €15,385 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,245 | €2,444 | €6,000 | €5,991 | €12,517 | ▲ 109% |
| Other operating charges640/8 | - | €1,793 | €2,534 | €2,244 | €4,291 | ▲ 91.2% |
| Non-recurring operating charges66A | - | - | - | - | €24,845 | - |
| Gross operating margin9900 | €9,092 | €8,082 | -€22,459 | €32,518 | €13,475 | ▼ 58.6% |
| Operating profit (loss)9901 | €5,122 | €3,844 | -€30,993 | €24,283 | -€28,178 | ▼ 216% |
| Financial income75/76B | - | €5 | €0 | €14 | €138 | ▲ 882% |
| Recurring financial income75 | €417 | €5 | €0 | €14 | €138 | ▲ 882% |
| Financial charges65/66B | - | €542 | €518 | €2,945 | €2,031 | ▼ 31.0% |
| Recurring financial charges65 | €1,061 | €542 | €518 | €2,945 | €2,031 | ▼ 31.0% |
| Profit (loss) for the period before taxes9903 | €4,478 | €3,308 | -€31,511 | €21,353 | -€30,072 | ▼ 241% |
| Income taxes67/77 | €1,098 | €1,961 | €524 | €1,478 | €797 | ▼ 46.1% |
| Profit (loss) for the period9904 | €3,380 | €1,347 | -€32,035 | €19,875 | -€30,868 | ▼ 255% |
| Profit (loss) for the period to be appropriated9905 | €3,380 | €1,347 | -€32,035 | €19,875 | -€30,868 | ▼ 255% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68,029 | €84,827 | €75,042 | €59,109 | €52,859 | ▼ 10.6% |
| Fixed assets21/28 | €13,610 | €20,617 | €24,974 | €13,371 | €35,612 | ▲ 166% |
| Tangible fixed assets22/27 | €5,610 | €12,152 | €16,509 | €12,906 | €35,147 | ▲ 172% |
| Plant, machinery and equipment23 | - | €9,987 | €8,336 | €8,168 | €5,825 | ▼ 28.7% |
| Furniture and vehicles24 | - | - | €6,442 | €3,439 | €28,456 | ▲ 728% |
| Other tangible fixed assets26 | - | €2,165 | €1,732 | €1,299 | €866 | ▼ 33.3% |
| Financial fixed assets28 | €8,000 | €8,465 | €8,465 | €465 | €465 | = |
| Current assets29/58 | €54,418 | €64,210 | €50,068 | €45,738 | €17,247 | ▼ 62.3% |
| Amounts receivable within one year40/41 | €5,559 | €9,515 | €33,590 | €28,402 | €4,725 | ▼ 83.4% |
| Trade receivables40 | - | €8,670 | €32,745 | €28,402 | €4,230 | ▼ 85.1% |
| Other amounts receivable41 | - | €845 | €845 | - | €494 | - |
| Current investments50/53 | - | - | €14,123 | - | - | - |
| Cash at bank and in hand54/58 | €37,697 | €43,226 | - | €14,433 | €9,758 | ▼ 32.4% |
| Deferred charges and accrued income490/1 | - | €11,470 | €2,356 | €2,903 | €2,764 | ▼ 4.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68,029 | €84,827 | €75,042 | €59,109 | €52,859 | ▼ 10.6% |
| Equity10/15 | €26,666 | €28,014 | -€4,021 | €15,853 | -€15,015 | ▼ 195% |
| Contributions10/11 | - | €18,900 | €18,900 | €18,900 | €18,900 | = |
| Reserves13 | €7,766 | €9,114 | €1,890 | - | - | - |
| Non-distributable reserves130/1 | - | €1,890 | €1,890 | - | - | - |
| Reserves not available under the articles1311 | - | €1,890 | €1,890 | - | - | - |
| Distributable reserves133 | - | €7,224 | - | - | - | - |
| Profit (loss) carried forward14 | -€3,487 | - | -€24,811 | -€3,047 | -€33,915 | ▼ 1,013% |
| Amounts payable17/49 | €41,362 | €56,814 | €79,063 | €43,256 | €67,874 | ▲ 56.9% |
| Amounts payable within one year42/48 | €41,362 | €56,814 | €79,063 | €43,256 | €67,874 | ▲ 56.9% |
| Trade debts44 | €9,879 | €6,458 | €45,559 | €11,795 | €6,339 | ▼ 46.3% |
| Suppliers440/4 | - | €6,458 | €45,559 | €11,795 | €6,339 | ▼ 46.3% |
| Taxes, remuneration and social security45 | - | €6,121 | €6,518 | €4,348 | €2,275 | ▼ 47.7% |
| Taxes450/3 | - | €6,121 | €6,518 | €4,348 | €2,275 | ▼ 47.7% |
| Other amounts payable47/48 | - | €44,235 | €26,986 | €27,113 | €59,261 | ▲ 119% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,380 | €1,347 | -€32,035 | €19,875 | -€30,868 | ▼ 255% |
| + Depreciation and write-downs630 | €2,245 | €2,444 | €6,000 | €5,991 | €12,517 | ▲ 109% |
| Operating cash flow (approximation) | €5,625 | €3,791 | -€26,035 | €25,865 | -€18,351 | ▼ 171% |
| Investment in fixed assets (approximation) | - | -€9,451 | -€10,357 | €5,612 | -€34,758 | ▼ 719% |
| Change in cash | - | €5,529 | - | - | -€4,674 | - |
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
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €19,875
Net result €19,875 after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€32,035
Net result drops to -€32,035, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €5,984
Net result €5,984 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Bonheiden · 1 establishment unit since 1990
Ground area
819 m²
Building footprint
170 m²
Volume, LiDAR
480 m³
Parcel 12031C0036/00F002, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PRODUCTIES VAN ASSCHE
since 19902.046.624.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031C0036/00F002 | Flanders | 819 m² | 1 · 170 m² | 4.3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
16%
According to the 2022 annual accounts of QUEST4 and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,319 companies in sector 59111 we hold annual accounts for 687. 486 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
59111Production of cinema films
90393Specialised image, lighting and sound technical services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439292016
Also
9925:BE0439292016
Registered
17-03-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.