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QUIDDITAS

Active
Public limited companyfounded 20223 yrs activeAvenue Hippocrate 5, 4000 Liège, BelgiumKBO/BCE: BE 0794.472.362
Summary

QUIDDITAS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €127,985. Equity is growing by ~461.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 197 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability82▲+82
Solvency100▲+4
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 19.81 against 0.01 in 2024; short-term debt: 3.3% and cash: 63.2% of total assets), and 3.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.7%
Return on assets
10.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
50 d early
2024
51 d early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 June (3 of the last 3 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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

On 6 December 2022, QUIDDITAS was incorporated as a Public limited company.1 Total assets went from EUR 168,612 in 2023 to EUR 1.2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€127,985
2024 · -€26,028
Working capital
€739,913
2024 · -€48,140
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€17,663--€25,568▼ 44.8%€125,250
Net result-€17,663below the sector's middle half--€26,028below the sector's middle half▼ 47.4%€127,985within the sector's middle half
Equity€58,487within the sector's middle half-€117,734within the sector's middle half▲ 101%€1.1mwithin the sector's middle half▲ 873%
Total assets€168,612within the sector's middle half-€166,532within the sector's middle half▼ 1.2%€1.2mbelow the sector's middle half▲ 612%
Debt€110,126-€48,799▼ 55.7%€39,329▼ 19.4%
Working capital-€109,645below the sector's middle half--€48,140below the sector's middle half▲ 56.1%€739,913within the sector's middle half
Solvency34.7%within the sector's middle half-70.7%within the sector's middle half▲ 36.0pp96.7%above the sector's middle half▲ 26.0pp
Current ratio0.00below the sector's middle half-0.01below the sector's middle half▲ 0.0119.81above the sector's middle half▲ 19.80
Return on assets (ROA)-10.5%below the sector's middle half--15.6%below the sector's middle half▼ 5.2pp10.8%above the sector's middle half▲ 26.4pp
Staff (FTE)1below the sector's middle half
above within below the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2023: -€17,663-€17,663Net result 2023: -€17,663-€17,663Operating result 2024: -€25,568-€25,568Net result 2024: -€26,028-€26,028Operating result 2025: €125,250€125,250Net result 2025: €127,985€127,985202320242025-€50,000€0€50,000€100,000€150,000Operating result 2023: -€17,663-€17,700Net result 2023: -€17,663-€17,700Operating result 2024: -€25,568-€25,600Net result 2024: -€26,028-€26,000Operating result 2025: €125,250€125,000Net result 2025: €127,985€128,000202320242025
The operating result returns to profit in 2025: €125,250 after a loss of €25,568 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €405,785 ▲ 145%
Current assets €779,242 ▲ 118,293%
Equity and liabilities €1.2m
Equity €1.1m ▲ 873%
Debt €39,329 ▼ 19.4%
Debt's share of the balance-sheet total falls from 29.3% to 3.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€163,573▲
2024 · -€9,019
Cash flow
€166,308▲
2024 · -€9,478
Debt to equity
0.03▼
2024 · 0.41
ROE
11.2%▲
2024 · -22.1%
Interest coverage
130.66▲
2024 · -19.62
Debt ≤ 1 year
€39,329▼
2024 · €48,799
Income taxes
€172
Staff costs
€11,351
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€166,532€1.2m▲
Formation expenses20€150€150=
Fixed assets21/28€165,724€405,785▲
Intangible fixed assets21€147,724€305,800▲
Tangible fixed assets22/27-€79,313
Plant, machinery and equipment23-€73,410
Furniture and vehicles24-€5,903
Financial fixed assets28€18,000€20,672▲
Current assets29/58€658€779,242▲
Amounts receivable within one year40/41€124€26,625▲
Trade receivables40€0-
Other amounts receivable41€124€26,625▲
Cash at bank and in hand54/58€535€749,235▲
Deferred charges and accrued income490/1-€3,382
Equity and liabilities
Total equity and liabilities10/49€166,532€1.2m▲
Equity10/15€117,734€1.1m▲
Contributions10/11€161,425€1.1m▲
Capital10€78,045€108,049▲
Issued capital100€78,045€108,049▲
Outside capital11€83,380€953,505▲
Share premium1100/10€83,380€953,505▲
Profit (loss) carried forward14-€43,691€84,294▲
Amounts payable17/49€48,799€39,329▼
Amounts payable within one year42/48€48,799€39,329▼
Trade debts44€13,007€1,198▼
Suppliers440/4€13,007€1,198▼
Taxes, remuneration and social security45-€40
Taxes450/3-€40
Other amounts payable47/48€35,792€38,092▲
Income statement Code20242025
Remuneration, social security and pensions62-€11,351
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,550€38,323▲
Other operating charges640/8-€1,061
Gross operating margin9900-€9,019€175,986▲
Operating profit (loss)9901-€25,568€125,250▲
Financial income75/76B-€4,158
Recurring financial income75-€4,158
Financial charges65/66B€460€1,252▲
Recurring financial charges65€460€1,252▲
Profit (loss) for the period before taxes9903-€26,028€128,157▲
Income taxes67/77-€172
Profit (loss) for the period9904-€26,028€127,985▲
Profit (loss) for the period to be appropriated9905-€26,028€127,985▲
Appropriation of the result
Profit (loss) to be appropriated9906-€43,691€84,294▲
Profit (loss) brought forward from the previous period14P-€17,663-€43,691▼
Social balance
Average headcount (FTE)9087-1.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62--€11,351-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,272€16,550€38,323▲ 132%
Other operating charges640/8--€1,061-
Gross operating margin9900-€9,392-€9,019€175,986▲ 2,051%
Operating profit (loss)9901-€17,663-€25,568€125,250▲ 590%
Financial income75/76B--€4,158-
Recurring financial income75--€4,158-
Financial charges65/66B-€460€1,252▲ 172%
Recurring financial charges65-€460€1,252▲ 172%
Profit (loss) for the period before taxes9903-€17,663-€26,028€128,157▲ 592%
Income taxes67/77--€172-
Profit (loss) for the period9904-€17,663-€26,028€127,985▲ 592%
Profit (loss) for the period to be appropriated9905-€17,663-€26,028€127,985▲ 592%
Line202320242025Change
Assets
Total assets20/58€168,612€166,532€1.2m▲ 612%
Formation expenses20€150€150€150=
Fixed assets21/28€167,982€165,724€405,785▲ 145%
Intangible fixed assets21€149,982€147,724€305,800▲ 107%
Tangible fixed assets22/27--€79,313-
Plant, machinery and equipment23--€73,410-
Furniture and vehicles24--€5,903-
Financial fixed assets28€18,000€18,000€20,672▲ 14.8%
Current assets29/58€480€658€779,242▲ 118,293%
Amounts receivable within one year40/41€352€124€26,625▲ 21,430%
Trade receivables40€209€0--
Other amounts receivable41€143€124€26,625▲ 21,430%
Cash at bank and in hand54/58€128€535€749,235▲ 140,070%
Deferred charges and accrued income490/1--€3,382-
Equity and liabilities
Total equity and liabilities10/49€168,612€166,532€1.2m▲ 612%
Equity10/15€58,487€117,734€1.1m▲ 873%
Contributions10/11€76,150€161,425€1.1m▲ 558%
Capital10€76,150€78,045€108,049▲ 38.4%
Issued capital100€76,150€78,045€108,049▲ 38.4%
Outside capital11-€83,380€953,505▲ 1,044%
Share premium1100/10-€83,380€953,505▲ 1,044%
Profit (loss) carried forward14-€17,663-€43,691€84,294▲ 293%
Amounts payable17/49€110,126€48,799€39,329▼ 19.4%
Amounts payable within one year42/48€110,126€48,799€39,329▼ 19.4%
Trade debts44€81,506€13,007€1,198▼ 90.8%
Suppliers440/4€81,506€13,007€1,198▼ 90.8%
Taxes, remuneration and social security45--€40-
Taxes450/3--€40-
Other amounts payable47/48€28,620€35,792€38,092▲ 6.4%
Line202320242025Change
Profit (loss) for the period9904-€17,663-€26,028€127,985▲ 592%
+ Depreciation and write-downs630€8,272€16,550€38,323▲ 132%
Operating cash flow (approximation)-€9,392-€9,478€166,308▲ 1,855%
Investment in fixed assets (approximation)--€14,292-€278,383▼ 1,848%
Change in cash-€406€748,701▲ 184,118%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €127,985
Net result €127,985 after 2 loss-making years.
31-12
Financial Liquidity times 1469current ratio 19.81
Current ratio from 0.01 to 19.81; short-term debt falls from €48,799 to €39,329.
31-12
Financial Equity above €1mEq €1.1m ▲873%
Equity rises from €117,734 to €1.1m.
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€26,028
Net result drops to -€26,028, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €100,000Eq €117,734 ▲101%
Equity rises from €58,487 to €117,734.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
956 m²
Building footprint
540 m²
Volume, LiDAR
11,227 m³
Parcel 62826D0504/00C003, Wallonia · tallest building 21.4 m, ±7 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
QUIDDITAS
Avenue Hippocrate 5, 4000 LiègeScientific research and development
since 20222.340.169.936
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62826D0504/00C003 Wallonia 955 m² 1 · 540 m² 21.4 m · 7 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

23 owners · 1 holding

Owners 23

Show 13 more owners

Holdings 1

According to the 2025 annual accounts of QUIDDITAS 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.

Similar companies · same sector, comparable size

Of 762 companies in this sector we hold annual accounts for 484. 296 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded06-12-2022
Fiscal year end31-12
Abbreviation FR QD
Activities, NACEBEL 2025
72101Research and development on biotechnology
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794472362
Also 9925:BE0794472362
Registered 13-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.