QUICK DRY
ActiveSummary
QUICK DRY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€106,475) and a net result of €13,019. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 5% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
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Signals
This company filed its last 6 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €741 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | - | -€241 | - | €9,000 | €15,521 | ▲ 72.5% |
| Operating profit (loss)9901 | - | -€241 | -€741 | €8,616 | €15,134 | ▲ 75.7% |
| Financial charges65/66B | - | €2,333 | €2,380 | €2,427 | €2,115 | ▼ 12.9% |
| Recurring financial charges65 | €2,286 | €2,333 | €2,380 | €2,427 | €2,115 | ▼ 12.9% |
| Profit (loss) for the period before taxes9903 | -€2,286 | -€2,575 | -€3,121 | €6,188 | €13,019 | ▲ 110% |
| Profit (loss) for the period9904 | -€2,286 | -€2,575 | -€3,121 | €6,188 | €13,019 | ▲ 110% |
| Profit (loss) for the period to be appropriated9905 | -€2,286 | -€2,575 | -€3,121 | €6,188 | €13,019 | ▲ 110% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €199 | €197 | €229 | €205 | €219 | ▲ 6.8% |
| Current assets29/58 | €199 | €197 | €229 | €205 | €219 | ▲ 6.8% |
| Amounts receivable within one year40/41 | €165 | €165 | €165 | €165 | €165 | = |
| Other amounts receivable41 | - | €165 | €165 | €165 | €165 | = |
| Cash at bank and in hand54/58 | €34 | €32 | €64 | €40 | €54 | ▲ 34.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €199 | €197 | €229 | €205 | €219 | ▲ 6.8% |
| Equity10/15 | -€119,987 | -€122,562 | -€125,682 | -€119,494 | -€106,475 | ▲ 10.9% |
| Contributions10/11 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Capital10 | - | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Issued capital100 | - | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Profit (loss) carried forward14 | -€194,355 | -€196,930 | -€200,050 | -€193,862 | -€180,843 | ▲ 6.7% |
| Amounts payable17/49 | €120,186 | €122,758 | €125,911 | €119,699 | €106,694 | ▼ 10.9% |
| Amounts payable within one year42/48 | €120,165 | €122,735 | €125,911 | €119,699 | €106,694 | ▼ 10.9% |
| Other amounts payable47/48 | - | €122,735 | €125,911 | €119,699 | €106,694 | ▼ 10.9% |
| Accrued charges and deferred income492/3 | - | €23 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,286 | -€2,575 | -€3,121 | €6,188 | €13,019 | ▲ 110% |
| Operating cash flow (approximation) | -€2,286 | -€2,575 | -€3,121 | €6,188 | €13,019 | ▲ 110% |
| Change in cash | - | -€2 | €32 | -€23 | €14 | ▲ 160% |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24020A0759/00C000 | Flanders | 785 m² | 1 · 464 m² | 19.2 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.