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Quick Building Construction

Active
Private limited companyfounded 2007active for 19 yearsBosstraat 22, 9880 Aalter, BelgiumKBO/BCE: BE 0889.733.290

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 03-12-2025 PDF all 18 filings

Amounts without an identifiable currency are taken as euros.

Turnover
≈ €54,000
Estimated: probably between €25,000 and €130,000
Total assets
€11,388▲ 373%
2024 · €2,408
Net result
€6,375▲ 152%
2024 · €2,530
Working capital
-€4,930▲ 56.4%
2024 · -€11,305
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€6,436
▲ 150% 2025
20192025
Net result
€6,375
▲ 152% 2025
middle half of the sector
20192025
Equity
-€4,930
▲ 56.4% 2025
lowest quarter of the sector
20192025
Total assets
€11,388
▲ 373% 2025
lowest quarter of the sector
20192025
Debt
€16,318
▲ 19.0% 2025
20192025
Working capital
-€4,930
▲ 56.4% 2025
lowest quarter of the sector
20192025
Solvency
-43.3%
2025
lowest quarter of the sector
20192025
Current ratio
0.70
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
56.0%
2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€1,018--€718▲ 29.5%€2,997-€398-€693▼ 73.8%€2,572€6,436▲ 150%
Net result-€1,054--€754within the sector's middle half▲ 28.5%€2,961within the sector's middle half-€434within the sector's middle half-€735within the sector's middle half▼ 69.1%€2,530within the sector's middle half€6,375within the sector's middle half▲ 152%
Equity-€14,874--€15,628below the sector's middle half▼ 5.1%-€12,666below the sector's middle half▲ 19.0%-€13,101below the sector's middle half▼ 3.4%-€13,835below the sector's middle half▼ 5.6%-€11,305below the sector's middle half▲ 18.3%-€4,930below the sector's middle half▲ 56.4%
Total assets€6,128-€3,949below the sector's middle half▼ 35.6%€2,990below the sector's middle half▼ 24.3%€3,761below the sector's middle half▲ 25.8%€2,769below the sector's middle half▼ 26.4%€2,408below the sector's middle half▼ 13.0%€11,388below the sector's middle half▲ 373%
Debt€21,002-€19,576▼ 6.8%€15,656▼ 20.0%€16,862▲ 7.7%€16,604▼ 1.5%€13,713▼ 17.4%€16,318▲ 19.0%
Working capital-€15,816--€16,082below the sector's middle half▼ 1.7%-€12,980below the sector's middle half▲ 19.3%-€13,101below the sector's middle half▼ 0.9%-€13,835below the sector's middle half▼ 5.6%-€11,305below the sector's middle half▲ 18.3%-€4,930below the sector's middle half▲ 56.4%
Solvency-242.7%--43.3%below the sector's middle half
Current ratio0.25-0.70below the sector's middle half
Return on assets (ROA)-17.2%-56.0%above the sector's middle half
above within below The sector band is the middle half of the companies in Printing and reproduction of recorded media (NACE 18). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 150% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Key figures and ratios
2025 value · change against 2024
Quick ratio
0.61
Debt ≤ 1 year
€16,318▲
2024 · €13,713
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,408€11,388▲
Current assets29/58€2,408€11,388▲
Stocks and contracts in progress3€1,504€1,504=
Stocks30/36€1,504€1,504=
Amounts receivable within one year40/41€94€3,630▲
Trade receivables40€94€3,630▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€810€6,254▲
Equity and liabilities
Total equity and liabilities10/49€2,408€11,388▲
Equity10/15-€11,305-€4,930▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€29,905-€23,530▲
Amounts payable17/49€13,713€16,318▲
Amounts payable within one year42/48€13,713€16,318▲
Trade debts44€141€204▲
Suppliers440/4€141€204▲
Taxes, remuneration and social security45€101€1,642▲
Taxes450/3€101€1,642▲
Other amounts payable47/48€13,472€14,472▲
Income statement Code20242025
Other operating charges640/8€589€595▲
Gross operating margin9900€3,161€7,031▲
Operating profit (loss)9901€2,572€6,436▲
Financial charges65/66B€42€61▲
Recurring financial charges65€42€61▲
Profit (loss) for the period before taxes9903€2,530€6,375▲
Profit (loss) for the period9904€2,530€6,375▲
Profit (loss) for the period to be appropriated9905€2,530€6,375▲
Appropriation of the result
Profit (loss) to be appropriated9906-€29,905-€23,530▲
Profit (loss) brought forward from the previous period14P-€32,435-€29,905▲

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 03-12-2025.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€314€314€314€314€0---
Other operating charges640/8---€524€731€589€595▲ 1.1%
Gross operating margin9900-€31€117€3,708€440€39€3,161€7,031▲ 122%
Operating profit (loss)9901-€1,018-€718€2,997-€398-€693€2,572€6,436▲ 150%
Financial charges65/66B---€36€42€42€61▲ 44.7%
Recurring financial charges65€36€36€36€36€42€42€61▲ 44.7%
Profit (loss) for the period before taxes9903-€1,054-€754€2,961-€434-€735€2,530€6,375▲ 152%
Profit (loss) for the period9904-€1,054-€754€2,961-€434-€735€2,530€6,375▲ 152%
Profit (loss) for the period to be appropriated9905-€1,054-€754€2,961-€434-€735€2,530€6,375▲ 152%
Line2019202020212022202320242025Change
Assets
Total assets20/58€6,128€3,949€2,990€3,761€2,769€2,408€11,388▲ 373%
Fixed assets21/28€942€628€314€0----
Tangible fixed assets22/27€942€628€314€0----
Furniture and vehicles24---€0----
Current assets29/58€5,187€3,321€2,676€3,761€2,769€2,408€11,388▲ 373%
Stocks and contracts in progress3€1,504€1,504€1,504€1,504€1,504€1,504€1,504=
Stocks30/36---€1,504€1,504€1,504€1,504=
Amounts receivable within one year40/41€2,719--€1,896€611€94€3,630▲ 38×
Trade receivables40---€145€512€94€3,630▲ 38×
Other amounts receivable41---€1,751€99€0--
Cash at bank and in hand54/58€39€1,817€1,172€361€653€810€6,254▲ 672%
Equity and liabilities
Total equity and liabilities10/49€6,128€3,949€2,990€3,761€2,769€2,408€11,388▲ 373%
Equity10/15-€14,874-€15,628-€12,666-€13,101-€13,835-€11,305-€4,930▲ 56.4%
Contributions10/11€18,600--€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€33,474-€34,228-€31,266-€31,701-€32,435-€29,905-€23,530▲ 21.3%
Amounts payable17/49€21,002€19,576€15,656€16,862€16,604€13,713€16,318▲ 19.0%
Amounts payable within one year42/48€21,002€19,403€15,656€16,862€16,604€13,713€16,318▲ 19.0%
Trade debts44€1,633-€1,140€345€234€141€204▲ 45.1%
Suppliers440/4---€345€234€141€204▲ 45.1%
Advances received on contracts in progress46---€1,647€0---
Taxes, remuneration and social security45---€0-€101€1,642▲ 16×
Taxes450/3---€0-€101€1,642▲ 16×
Other amounts payable47/48---€14,870€16,370€13,472€14,472▲ 7.4%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€1,054-€754€2,961-€434-€735€2,530€6,375▲ 152%
+ Depreciation and write-downs630€314€314€314€314€0---
Operating cash flow (approximation)-€740-€440€3,275-€121-€735€2,530€6,375▲ 152%
Investment in fixed assets (approximation)-€0€0€0----
Change in cash-€1,778-€644-€812€292€157€5,444▲ 35×

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 3,632 companies had the same profile as Quick Building Construction has now. Two years later, 91.9% were still going and 2.9% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
91.9% was still going
4.8% stopped otherwise
2.9% went bankrupt

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Quick Building Construction itself is lower: 0.3% within 12 months. It rests on far more data about Quick Building Construction than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,632 companies, not a prediction for Quick Building Construction. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 03-12-2025 2025-00578306 PDF
30-06-2024 micro format 04-12-2024 2024-00612312 PDF
30-06-2023 micro format 05-12-2023 2023-00525768 PDF
30-06-2022 micro format 14-12-2022 2022-20538277 PDF
30-06-2021 micro format 13-12-2021 2021-80100193 PDF
30-06-2020 micro format 24-12-2020 2020-77300120 PDF
30-06-2019 micro format 20-12-2019 2019-77200427 PDF
30-06-2018 micro format 05-12-2018 2018-73700406 PDF
30-06-2017 micro format 22-12-2017 2017-73000341 PDF
30-06-2016 abbreviated format 20-12-2016 2016-70900437 PDF

Show all 18 filings

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