Result
€86,170 ▲ 870%
The result rose in 2025 from €8,880 to €86,170.
QuinnCo
Lifetime
3 annual accounts with figures on one time axispeak €24,236 (2025)
€24,236▲ 59.1%
lowest -€1,000 (2023)
€86,170▲ 870%
peak €9.3m (2025)
€9.3m▲ 0.9%
€5.0m▲ 4.6%
Board1 name since 2023
1 directorDE QUINNEMAR Cédric Carlos Martine
Documentsfilings and deeds
29-09-202660 days late
2025financial year
Gross margin from €15,233 to €24,236Result from €8,880 to €86,170Cash from €129,657 to €5,075
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The accounts state no turnover.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 140 days after the end of the period.
Starting capital
€1,000 10 shares
Restructuring
2024
Branch taken over from DYNAMICA. Takeover on 26-08-2024.
Position in the sector
€9.3m
More equity than 84% of companies in office administrative support. Sector median €971,856 · 1,167 companies.
Checked score
67
Healthy
Financially stronger than 44% of medium-sized companies in office administrative support (NACE 82)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 221 companies (NACE 82, medium-sized).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.9%
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025
09-2025: 1.7%▲ +0.2 percentage points vs 08-2025
10-2025: 2.6%▲ +0.9 percentage points vs 09-2025
11-2025: 2.7%▲ +0.1 percentage points vs 10-2025
12-2025: 3.0%▲ +0.3 percentage points vs 11-2025highest value
01-2026: 0.3%▼ -2.7 percentage points vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.2 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.41, cash €5,075, halved
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Size: total assets €14.3m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, medium-sized). It does better than 66% of them on solvency, 33% on liquidity, 36% on profitability and 42% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,686 companies had the same profile as QuinnCo has now. Each dot stands for 7 companies, two years later.
96.9%
were still trading
2.9%
stopped another way
0.1%
went bankrupt
The bankruptcy probability of QuinnCo itself is higher: 0.9% within 12 months. It rests on far more data about QuinnCo than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 2,686 companies, not a prediction for QuinnCo. 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.
Credit verdict
Credit of up to €600,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.41 (2.48 in 2024), above the usual 1.5. Short-term debt is 24.8% and cash 0% of total assets. 35.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
60 days late
2024
140 days late
2023
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 62 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (3 of the last 3 accounts filed within 80 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Cedric DE QUINNEMAR all the sharesdeed of 25-06-2024
Shares in 5 companies, including MEDICAL PARTNERS and Dynamica Real Estate
Board & ownershipRecent changes
Demerger: DYNAMICA splits off to QUINNCO
General meeting of 30-07-2024 · Gazette deed
Demerger proposal: DYNAMICA splits off to QuinnCo
Jan PONNET holds 26,875 shares · Cedric DE QUINNEMAR holds 26,875 shares · Jan PONNET holds all the shares · Gazette deed
Incorporation
Founding capital of €1,000, 10 shares · Founder: DE QUINNEMAR Cédric Carlos Martine · Appointment: DE QUINNEMAR Cédric Carlos Martine (director) · published on 19-12-2023 · Gazette deed
First establishment
Kriekenbergdreef 11, Sint-Martens-Latem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QuinnCo Sint-Martens-Latem | €14.3m | €24,236 | 64.7% | - |
| Vanelic Roeselare | €7.7m | €20,279 | 44.1% | - |
| PESQUERA Houthalen-Helchteren | €18.3m | €45,580 | 10.4% | - |
| INRACO Diepenbeek | €7.9m | €18,268 | 99.2% | - |
| The Teak Holding Antwerp | €9.7m | €51,524 | 53.9% | 1 |
| LN MORE Waasmunster | €7.1m | €59,073 | 66.1% | - |
| ZILVERRUG Roeselare | €5.5m | €35,601 | 59.8% | - |
These companies have the same main activity as QuinnCo: other business support services (NACE 82990). They are comparable in size and age: total assets between €5.5m and €18m, founded between 2022 and 2025.
Official details
Source: KBO- Status
- Active since 15-12-2023Normal situation
- Activity
- Other business support servicesNACE 82990and 5 others
- Establishment unit
- 2.354.054.9909831 Sint-Martens-Latem, since 15-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Companies linked to QuinnCo
Subsidiaries and holdings
- Newton Force23.5%
- MedCare Partners18.1%
- Domoco16.67%
Insights on QuinnCo
QuinnCo has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.3m and a net result of €86,170.
Equity has been growing by about 50% per year since 2023. Its solvency ranks better than 66% of 1,167 sector peers (NACE 82, financial year 2025).
The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about QuinnCo
- What is the company number of QuinnCo?
- The company number of QuinnCo is 1003.447.479. The VAT number is the same number with BE in front: BE 1003.447.479.
- Where is QuinnCo based?
- The registered office is at Kriekenbergdreef 11, 9831 Sint-Martens-Latem.Company details
- What does QuinnCo do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of QuinnCo?
- QuinnCo is a private limited company (BV).
- When was QuinnCo founded?
- QuinnCo was founded on 15-12-2023.
- Is QuinnCo still active?
- Yes, QuinnCo is an active enterprise in the KBO register.
- What is the turnover of QuinnCo?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €24,236 and 69 comparable companies (NACE 82990). It probably lies between €67,000 and €280,000. It is a rough estimate.Financials
- Is QuinnCo profitable?
- In financial year 2025, QuinnCo made a profit of €86,170.
- Where can I find the annual accounts of QuinnCo?
- QuinnCo filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of QuinnCo due?
- QuinnCo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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