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QUIN

Inactive
KBO/BCE: BE 0790.504.765

Inactive; last annual accounts for fiscal year 2024.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2024 was due by 31-05-2025 and was filed on 31-10-2024, 212 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2024
212 d early
2023
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 116 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

Financials · fiscal year 2024, abbreviated schema

Turnover
€74,124▼ 90.5%
2023 · €781,332
EBIT margin
-410.9%▼ 340.9pp
2023 · -70.0%
Net result
€512,080
2023 · -€568,426
Working capital
-€506,426
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
Line20232024
Turnover€781,332-€74,124▼ 90.5%
Operating result-€546,543--€304,570▲ 44.3%
Net result-€568,426-€512,080
EBIT margin-70.0%--410.9%▼ 340.9pp
Equity-€506,426-€5,655
Total assets€311,412-€5,655▼ 98.2%
Debt€817,838-
Working capital-€506,426-
Staff (FTE)0.8
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2024 Turnover -91% on 2023. This fiscal year ran 10 months.
  • 2024 Total assets -98% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€1.0m-€500,000€0€500,000Operating result 2023: -€546,543-€546,543Net result 2023: -€568,426-€568,426Operating result 2024: -€304,570-€304,570Net result 2024: €512,080€512,08020232024-€1m-€500,000€0€500,000Operating result 2023: -€546,543-€547,000Net result 2023: -€568,426-€568,000Operating result 2024: -€304,570-€305,000Net result 2024: €512,080€512,00020232024
The operating result stays negative: a loss of €304,570 in 2024 against €546,543 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Solvency
100.0%▲
2023 · -162.6%
Income taxes
€237
Staff costs
€50,934
A ratio outside any meaningful range has been withheld (balance sheet total €5,655, equity €5,655).
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 · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€311,412€5,655▼
Current assets29/58€311,412€5,655▼
Amounts receivable within one year40/41€299,088€859▼
Trade receivables40€230,787-
Other amounts receivable41€68,301€859▼
Cash at bank and in hand54/58€5,099€4,795▼
Deferred charges and accrued income490/1€7,225-
Equity and liabilities
Total equity and liabilities10/49€311,412€5,655▼
Equity10/15-€506,426€5,655▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14-€568,426-€56,345▲
Amounts payable17/49€817,838-
Amounts payable within one year42/48€817,838-
Trade debts44€127,012-
Suppliers440/4€127,012-
Other amounts payable47/48€690,826-
Income statement Code20232024
Turnover70€781,332€74,124▼
Goods, raw materials, services and sundry goods60/61€1.3m€328,858▼
Remuneration, social security and pensions62-€50,934
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,164-
Other operating charges640/8€1,420€476▼
Gross operating margin9900-€543,959-€253,161▲
Operating profit (loss)9901-€546,543-€304,570▲
Financial income75/76B-€854,050
Recurring financial income75-€854,050
Non-recurring financial income76B-€854,050
Financial charges65/66B€21,882€37,163▲
Recurring financial charges65€21,882€37,163▲
Profit (loss) for the period before taxes9903-€568,426€512,317▲
Income taxes67/77-€237
Profit (loss) for the period9904-€568,426€512,080▲
Profit (loss) for the period to be appropriated9905-€568,426€512,080▲
Appropriation of the result
Profit (loss) to be appropriated9906-€568,426-€56,345▲
Profit (loss) brought forward from the previous period14P--€568,426
Social balance
Average headcount (FTE)9087-0.8

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€781,332€74,124▼ 90.5%
Goods, raw materials, services and sundry goods60/61€1.3m€328,858▼ 75.2%
Remuneration, social security and pensions62-€50,934-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,164--
Other operating charges640/8€1,420€476▼ 66.5%
Gross operating margin9900-€543,959-€253,161▲ 53.5%
Operating profit (loss)9901-€546,543-€304,570▲ 44.3%
Financial income75/76B-€854,050-
Recurring financial income75-€854,050-
Non-recurring financial income76B-€854,050-
Financial charges65/66B€21,882€37,163▲ 69.8%
Recurring financial charges65€21,882€37,163▲ 69.8%
Profit (loss) for the period before taxes9903-€568,426€512,317▲ 190%
Income taxes67/77-€237-
Profit (loss) for the period9904-€568,426€512,080▲ 190%
Profit (loss) for the period to be appropriated9905-€568,426€512,080▲ 190%
Line20232024Change
Assets
Total assets20/58€311,412€5,655▼ 98.2%
Current assets29/58€311,412€5,655▼ 98.2%
Amounts receivable within one year40/41€299,088€859▼ 99.7%
Trade receivables40€230,787--
Other amounts receivable41€68,301€859▼ 98.7%
Cash at bank and in hand54/58€5,099€4,795▼ 6.0%
Deferred charges and accrued income490/1€7,225--
Equity and liabilities
Total equity and liabilities10/49€311,412€5,655▼ 98.2%
Equity10/15-€506,426€5,655▲ 101%
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14-€568,426-€56,345▲ 90.1%
Amounts payable17/49€817,838--
Amounts payable within one year42/48€817,838--
Trade debts44€127,012--
Suppliers440/4€127,012--
Other amounts payable47/48€690,826--
Line20232024Change
Profit (loss) for the period9904-€568,426€512,080▲ 190%
+ Depreciation and write-downs630€1,164--
Operating cash flow (approximation)-€567,262€512,080▲ 190%
Change in cash--€304-

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

2024
31-10
Financial Back to profitnet €512,080
Net result €512,080 after one loss-making year.
31-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
11-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated 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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Structure & network

Owners and holdings

Owners 0

No owner stated in the accounts, acts or LEI register we read.

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 0

The accounts to 31-10-2024 list no holdings, and no other source names one.

According to the annual accounts to 31-10-2024 of QUIN 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.