Skip to content

QUESTO

Inactive
KBO/BCE: BE 0442.372.359

QUESTO was declared bankrupt on 03-03-2022 (Ondernemingsrechtbank Gent, afdeling Oostende); the bankruptcy was closed by liquidation by judgment of 27-10-2025, published in the Belgian State Gazette on 26-11-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-09-2021 close30-04-2022 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 22-03-2021, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
39 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

QUESTO has filed 29 sets of annual accounts, the latest for fiscal year 2020.1 On 3 March 2022 the company was declared bankrupt; the bankruptcy was closed on 27 October 2025.23

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 10-03-2022
  3. 3Belgian State Gazette, 26-11-2025

Financials · fiscal year 2020, abbreviated schema

Equity
€308,638▼ 56.6%
2019 · €711,532
Total assets
€1.8m▼ 10.7%
2019 · €2.0m
Net result
-€402,894
2019 · €129,813
Working capital
€411,066▼ 34.4%
2019 · €626,640
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
Line20192020
Operating result€221,422-€26,128▼ 88.2%
Net result€129,813--€402,894
Equity€711,532-€308,638▼ 56.6%
Total assets€2.0m-€1.8m▼ 10.7%
Debt€1.2m-€1.4m▲ 15.5%
Working capital€626,640-€411,066▼ 34.4%
Staff (FTE)5.7-6.7▲ 17.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2019: €221,422€221,422Net result 2019: €129,813€129,813Operating result 2020: €26,128€26,128Net result 2020: -€402,894-€402,89420192020-€600,000-€400,000-€200,000€0€200,000Operating result 2019: €221,422€221,000Net result 2019: €129,813€130,000Operating result 2020: €26,128€26,100Net result 2020: -€402,894-€403,00020192020
The operating result falls in 2020; 2020 is 88% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.8m
Fixed assets €410,892 ▼ 39.8%
Current assets €1.4m ▲ 4.5%
Equity and liabilities €1.8m
Equity €308,638 ▼ 56.6%
Provisions €52,407 ▼ 1.9%
Debt €1.4m ▲ 15.5%
Debt's share of the balance-sheet total rises from 61.7% to 79.7%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€107,427▼
2019 · €428,114
Cash flow
-€321,595▼
2019 · €336,505
Current ratio
1.43▼
2019 · 1.91
Quick ratio
1.20▼
2019 · 1.40
Debt to equity
1.47▲
2019 · 0.77
ROE
-130.5%▼
2019 · 18.2%
ROA
-22.6%▼
2019 · 6.5%
Debt ≤ 1 year
€959,507▲
2019 · €685,444
Debt > 1 year
€454,548▼
2019 · €544,606
Income taxes
€2,395▼
2019 · €7,693
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 · 2020 against 2019 · 27 lines
Balance sheet Code20192020
Assets
Total assets20/58€2.0m€1.8m▼
Fixed assets21/28€682,936€410,892▼
Intangible fixed assets21€39,390€31,890▼
Tangible fixed assets22/27€358,276€378,730▲
Financial fixed assets28€285,270€271▼
Current assets29/58€1.3m€1.4m▲
Stocks and contracts in progress3€355,085€218,324▼
Amounts receivable within one year40/41€865,680€843,220▼
Cash at bank and in hand54/58€84,892€288,746▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.8m▼
Equity10/15€711,532€308,638▼
Contributions10/11€18,592-
Reserves13€692,940€290,046▼
Provisions and deferred taxes16€53,439€52,407▼
Amounts payable17/49€1.2m€1.4m▲
Amounts payable after more than one year17€544,606€454,548▼
Amounts payable within one year42/48€685,444€959,507▲
Trade debts44€338,733€379,525▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206,692€81,300▼
Gross operating margin9900€896,696€447,409▼
Operating profit (loss)9901€221,422€26,128▼
Recurring financial income75€8,496€9,041▲
Recurring financial charges65€38,972€24,940▼
Profit (loss) for the period before taxes9903€190,946-€401,532▼
Income taxes67/77€7,693€2,395▼
Profit (loss) for the period9904€129,813-€402,894▼
Profit (loss) for the period to be appropriated9905€2,593-€400,436▼
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206,692€81,300▼ 60.7%
Gross operating margin9900€896,696€447,409▼ 50.1%
Operating profit (loss)9901€221,422€26,128▼ 88.2%
Recurring financial income75€8,496€9,041▲ 6.4%
Recurring financial charges65€38,972€24,940▼ 36.0%
Profit (loss) for the period before taxes9903€190,946-€401,532▼ 310%
Income taxes67/77€7,693€2,395▼ 68.9%
Profit (loss) for the period9904€129,813-€402,894▼ 410%
Profit (loss) for the period to be appropriated9905€2,593-€400,436▼ 15,545%
Line20192020Change
Assets
Total assets20/58€2.0m€1.8m▼ 10.7%
Fixed assets21/28€682,936€410,892▼ 39.8%
Intangible fixed assets21€39,390€31,890▼ 19.0%
Tangible fixed assets22/27€358,276€378,730▲ 5.7%
Financial fixed assets28€285,270€271▼ 99.9%
Current assets29/58€1.3m€1.4m▲ 4.5%
Stocks and contracts in progress3€355,085€218,324▼ 38.5%
Amounts receivable within one year40/41€865,680€843,220▼ 2.6%
Cash at bank and in hand54/58€84,892€288,746▲ 240%
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.8m▼ 10.7%
Equity10/15€711,532€308,638▼ 56.6%
Contributions10/11€18,592--
Reserves13€692,940€290,046▼ 58.1%
Provisions and deferred taxes16€53,439€52,407▼ 1.9%
Amounts payable17/49€1.2m€1.4m▲ 15.5%
Amounts payable after more than one year17€544,606€454,548▼ 16.5%
Amounts payable within one year42/48€685,444€959,507▲ 40.0%
Trade debts44€338,733€379,525▲ 12.0%
Line20192020Change
Profit (loss) for the period9904€129,813-€402,894▼ 410%
+ Depreciation and write-downs630€206,692€81,300▼ 60.7%
Operating cash flow (approximation)€336,505-€321,595▼ 196%
Investment in fixed assets (approximation)-€190,745-
Change in cash-€203,854-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
26-11
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oostende · event 27-10-2025
2022
10-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 03-03-2022
2021
22-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
08-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 69 days late
2014
14-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 75 days late
2013
14-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 106 days late
2012
27-09
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 58 days late
2011
24-11
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 116 days late
SignalNBB filing
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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

Insolvency mandates

2 mandates
Role Name Tenure
Curator MICHEL LANDUYT
VAN ISEGHEMLAAN 149, 8400 OOSTENDE
03-03-2022 → 27-10-2025
Curator PHILIPPE BOUTENS
Van Iseghemlaan 149, 8400 OOSTENDE
03-03-2022 → 27-10-2025