QUIMALO
ActiveSummary
QUIMALO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78,109 and a net result of €68,286. Equity is shrinking by ~19.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+2
Solvency76▲+42
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.07 in 2023; short-term debt: 49.3% and cash: 60.3% of total assets), and 49.3% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
50 d early
2023
57 d early
2022
55 d early
2021
39 d early
2020
27 d late
2019
62 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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 (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€78,109▲ 695%
2023 · €9,823
Total assets
€154,024▲ 33.6%
2023 · €115,286
Net result
€68,286▲ 154%
2023 · €26,865
Working capital
€76,765▲ 945%
2023 · €7,344
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 96, Personal service activities, 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
Line20202021202220232024
Operating result-€7,669▼ 129%-€5,749▲ 25.0%-€8,849▼ 53.9%€27,395€84,936▲ 210%
Net result-€7,830below the sector's middle half▼ 131%-€5,786below the sector's middle half▲ 26.1%-€8,901below the sector's middle half▼ 53.9%€26,865above the sector's middle half€68,286above the sector's middle half▲ 154%
Equity€40,659within the sector's middle half▼ 16.1%-€14,341below the sector's middle half-€23,242below the sector's middle half▼ 62.1%€9,823within the sector's middle half€78,109above the sector's middle half▲ 695%
Total assets€70,308within the sector's middle half▼ 10.2%€68,767within the sector's middle half▼ 2.2%€72,586within the sector's middle half▲ 5.6%€115,286within the sector's middle half▲ 58.8%€154,024within the sector's middle half▲ 33.6%
Debt€29,649▼ 0.7%€83,108▲ 180%€95,829▲ 15.3%€105,464▲ 10.1%€75,915▼ 28.0%
Working capital€40,659above the sector's middle half▼ 16.1%-€15,456within the sector's middle half-€24,090within the sector's middle half▼ 55.9%€7,344within the sector's middle half€76,765above the sector's middle half▲ 945%
Solvency57.8%above the sector's middle half▼ 4.1pp-20.9%below the sector's middle half▼ 78.7pp-32.0%below the sector's middle half▼ 11.2pp8.5%within the sector's middle half▲ 40.5pp50.7%within the sector's middle half▲ 42.2pp
Current ratio2.37above the sector's middle half▼ 0.250.81within the sector's middle half▼ 1.560.75within the sector's middle half▼ 0.071.07within the sector's middle half▲ 0.322.01within the sector's middle half▲ 0.94
Return on assets (ROA)-11.1%below the sector's middle half▼ 6.8pp-8.4%below the sector's middle half▲ 2.7pp-12.3%below the sector's middle half▼ 3.8pp23.3%above the sector's middle half▲ 35.6pp44.3%above the sector's middle half▲ 21.0pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 210% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154,024
Fixed assets
€1,344 ▼ 45.8%
Current assets
€152,680 ▲ 35.3%
Equity and liabilities €154,024
Equity
€78,109 ▲ 695%
Debt
€75,915 ▼ 28.0%
Debt's share of the balance-sheet total falls from 91.5% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86,070▲
2023 · €28,368
Cash flow
€69,420▲
2023 · €27,837
Debt to equity
0.97▼
2023 · 10.74
ROE
87.4%▼
2023 · 273.5%
Interest coverage
524.82▲
2023 · 53.41
Debt ≤ 1 year
€75,915▼
2023 · €105,464
Income taxes
€16,573
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 34,696 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €218 | €266 | €972 | €1,134 | ▲ 16.6% |
| Other operating charges640/8 | - | €604 | €1,141 | €1,054 | €1,056 | ▲ 0.2% |
| Gross operating margin9900 | -€7,375 | -€4,927 | -€7,442 | €29,421 | €87,126 | ▲ 196% |
| Operating profit (loss)9901 | -€7,669 | -€5,749 | -€8,849 | €27,395 | €84,936 | ▲ 210% |
| Financial income75/76B | - | €0 | €0 | €1 | €87 | ▲ 9,261% |
| Recurring financial income75 | €1 | €0 | €0 | €1 | €87 | ▲ 9,261% |
| Financial charges65/66B | - | €37 | €52 | €531 | €164 | ▼ 69.1% |
| Recurring financial charges65 | €162 | €37 | €52 | €531 | €164 | ▼ 69.1% |
| Profit (loss) for the period before taxes9903 | -€7,830 | -€5,786 | -€8,901 | €26,865 | €84,859 | ▲ 216% |
| Income taxes67/77 | - | - | - | - | €16,573 | - |
| Profit (loss) for the period9904 | -€7,830 | -€5,786 | -€8,901 | €26,865 | €68,286 | ▲ 154% |
| Profit (loss) for the period to be appropriated9905 | -€7,830 | -€5,786 | -€8,901 | €26,865 | €68,286 | ▲ 154% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €70,308 | €68,767 | €72,586 | €115,286 | €154,024 | ▲ 33.6% |
| Fixed assets21/28 | - | €1,115 | €848 | €2,478 | €1,344 | ▼ 45.8% |
| Tangible fixed assets22/27 | - | €1,115 | €848 | €2,478 | €1,344 | ▼ 45.8% |
| Furniture and vehicles24 | - | €1,115 | €848 | €2,478 | €1,344 | ▼ 45.8% |
| Current assets29/58 | €70,308 | €67,652 | €71,738 | €112,808 | €152,680 | ▲ 35.3% |
| Amounts receivable within one year40/41 | €5,962 | €6,741 | €11,478 | €12,307 | €0 | ▼ 100% |
| Trade receivables40 | - | - | €3,146 | €4,694 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €6,741 | €8,332 | €7,613 | €0 | ▼ 100% |
| Current investments50/53 | €59,839 | €59,819 | €59,819 | €59,819 | €59,819 | = |
| Cash at bank and in hand54/58 | €4,275 | €624 | €441 | €40,682 | €92,860 | ▲ 128% |
| Deferred charges and accrued income490/1 | - | €468 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €70,308 | €68,767 | €72,586 | €115,286 | €154,024 | ▲ 33.6% |
| Equity10/15 | €40,659 | -€14,341 | -€23,242 | €9,823 | €78,109 | ▲ 695% |
| Contributions10/11 | - | €12,400 | €12,400 | €18,600 | €18,600 | = |
| Reserves13 | €51,075 | €1,860 | €1,860 | €1,860 | €59,509 | ▲ 3,099% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €0 | - | - | €57,649 | - |
| Profit (loss) carried forward14 | -€22,815 | -€28,601 | -€37,502 | -€10,637 | €0 | ▲ 100% |
| Amounts payable17/49 | €29,649 | €83,108 | €95,829 | €105,464 | €75,915 | ▼ 28.0% |
| Amounts payable within one year42/48 | €29,649 | €83,108 | €95,829 | €105,464 | €75,915 | ▼ 28.0% |
| Trade debts44 | €1,397 | €330 | €3,221 | €4,574 | €3,776 | ▼ 17.4% |
| Suppliers440/4 | - | €330 | €3,221 | €4,574 | €3,776 | ▼ 17.4% |
| Taxes, remuneration and social security45 | - | - | - | €10,517 | €16,135 | ▲ 53.4% |
| Taxes450/3 | - | - | - | €7,371 | €16,135 | ▲ 119% |
| Remuneration and social security454/9 | - | - | - | €3,146 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €82,778 | €92,608 | €90,373 | €56,004 | ▼ 38.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,830 | -€5,786 | -€8,901 | €26,865 | €68,286 | ▲ 154% |
| + Depreciation and write-downs630 | - | €218 | €266 | €972 | €1,134 | ▲ 16.6% |
| Operating cash flow (approximation) | -€7,830 | -€5,568 | -€8,635 | €27,837 | €69,420 | ▲ 149% |
| Investment in fixed assets (approximation) | - | - | €0 | -€2,602 | €0 | ▲ 100% |
| Change in cash | - | -€3,651 | -€184 | €40,241 | €52,178 | ▲ 29.7% |
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
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €68,286 ▲154%
Operating result €84,936, net result €68,286, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €26,865
Net result €26,865 after 5 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€8,901
Net result drops to -€8,901, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Registered office, Hoogstraten · 1 establishment unit since 2013
Ground area
990 m²
Building footprint
162 m²
Volume, LiDAR
932 m³
Parcel 13024B0275/00M000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Castelréweg 2, 2322 Hoogstraten
since 20132.223.569.107
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13024B0275/00M000 | Flanders | 990 m² | 1 · 162 m² | 9.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 20,804 EUR awarded · 20,804 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,035 EUR | 5,035 EUR |
| 2024 | 1 | 7,247 EUR | 7,247 EUR |
| 2023 | 1 | 7,038 EUR | 7,038 EUR |
| 2022 | 1 | 1,484 EUR | 1,484 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600QGS40NMRLSQ286
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Of 24,867 companies in sector 96220 we hold annual accounts for 1,445. 1,064 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
Founded04-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
90111Literary creation
93192Activities of independent sportspeople
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0541646416
Registered
28-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.