Skip to content

QUINTESSENTIALLY DEVELOPMENT

Active
Private limited company (pre-2019)founded 201114 yrs activeBrugmannlaan 421, 1190 Vorst, BelgiumKBO/BCE: BE 0841.078.486
Summary

QUINTESSENTIALLY DEVELOPMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For QUINTESSENTIALLY DEVELOPMENT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €16,156 and a net result of -€88. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 16% of 2790 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

QUINTESSENTIALLY DEVELOPMENTActive

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2790 sector peers (2024).
NBB · sector comparison
Position among 2790 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 151 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 03-03-2026, 307 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
307 d late
2023
31 d late
2022
28 d late
2021
30 d late
2020
30 d late
2019
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 75 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed 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

History

On 16 November 2011, QUINTESSENTIALLY DEVELOPMENT was incorporated.1 Total assets went from EUR 176,446 in 2018 to EUR 109,099 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Equity
€16,156▼ 0.5%
2023 · €16,245
Net result
-€88▲ 99.8%
2023 · -€50,073
Total assets
€109,099▼ 3.1%
2023 · €112,547
Solvency
14.8%▲ 0.4pp
2023 · 14.4%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€300-€925▼ 208%-€94▲ 89.8%-€50,041▼ 53,187%-€2,076▲ 95.9%
Net result-€5,517below the sector's middle half▼ 6,847%-€1,182below the sector's middle half▲ 78.6%-€695below the sector's middle half▲ 41.2%-€50,073below the sector's middle half▼ 7,103%-€88below the sector's middle half▲ 99.8%
Equity€68,195below the sector's middle half▼ 7.5%€67,013below the sector's middle half▼ 1.7%€66,318below the sector's middle half▼ 1.0%€16,245below the sector's middle half▼ 75.5%€16,156below the sector's middle half▼ 0.5%
Total assets€163,897below the sector's middle half▼ 4.8%€153,364below the sector's middle half▼ 6.4%€148,406below the sector's middle half▼ 3.2%€112,547below the sector's middle half▼ 24.2%€109,099below the sector's middle half▼ 3.1%
Debt€95,703▼ 2.8%€86,351▼ 9.8%€82,088▼ 4.9%€96,302▲ 17.3%€92,943▼ 3.5%
Working capital€68,195▼ 7.5%€67,013▼ 1.7%€66,318▼ 1.0%€16,618▼ 74.9%€16,917▲ 1.8%
Solvency41.6%within the sector's middle half▼ 1.2pp43.7%within the sector's middle half▲ 2.1pp44.7%within the sector's middle half▲ 1.0pp14.4%below the sector's middle half▼ 30.3pp14.8%below the sector's middle half▲ 0.4pp
Staff (FTE)2.9within the sector's middle half
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2020: -€300-€300Net result 2020: -€5,517-€5,517Operating result 2021: -€925-€925Net result 2021: -€1,182-€1,182Operating result 2022: -€94-€94Net result 2022: -€695-€695Operating result 2023: -€50,041-€50,041Net result 2023: -€50,073-€50,073Operating result 2024: -€2,076-€2,076Net result 2024: -€88-€8820202021202220232024-€60,000-€40,000-€20,000€0Operating result 2022: -€94-€94Net result 2022: -€695-€695Operating result 2023: -€50,041-€50,000Net result 2023: -€50,073-€50,100Operating result 2024: -€2,076-€2,080Net result 2024: -€88-€88202220232024
The operating result stays negative: a loss of €2,076 in 2024 against €50,041 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €109,099
Equity €16,156 ▼ 0.5%
Debt €92,943 ▼ 3.5%
Debt's share of the balance-sheet total falls from 85.6% to 85.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
ROE
-0.5%▲
2023 · -308.2%
ROA
-0.1%▲
2023 · -44.5%
Debt ≤ 1 year
€92,182▼
2023 · €95,929
Income taxes
-€2,033
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 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€112,547€109,099▼
Current assets29/58€112,547€109,099▼
Amounts receivable within one year40/41€112,529€109,048▼
Trade receivables40€2,570€2,570=
Other amounts receivable41€109,959€106,478▼
Cash at bank and in hand54/58€18€51▲
Equity and liabilities
Total equity and liabilities10/49€112,547€109,099▼
Equity10/15€16,245€16,156▼
Contributions10/11€6,200€6,200=
Reserves13€10,045€9,956▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€8,185€8,096▼
Amounts payable17/49€96,302€92,943▼
Amounts payable within one year42/48€95,929€92,182▼
Trade debts44€64,054€59,933▼
Suppliers440/4€64,054€59,933▼
Other amounts payable47/48€31,874€32,249▲
Accrued charges and deferred income492/3€373€760▲
Income statement Code20232024
Remuneration, social security and pensions62€41,215-
Other operating charges640/8€288€772▲
Gross operating margin9900-€8,538-€1,305▲
Operating profit (loss)9901-€50,041-€2,076▲
Financial charges65/66B€31€45▲
Recurring financial charges65€31€45▲
Profit (loss) for the period before taxes9903-€50,073-€2,121▲
Income taxes67/77--€2,033
Profit (loss) for the period9904-€50,073-€88▲
Profit (loss) for the period to be appropriated9905-€50,073-€88▲
Appropriation of the result
Profit (loss) to be appropriated9906-€106,155-€88▲
Profit (loss) brought forward from the previous period14P-€56,082-
Transfer from equity791/2€106,155€88▼
Social balance
Average headcount (FTE)90872.9-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62---€41,215--
Other operating charges640/8---€288€772▲ 168%
Gross operating margin9900--€925-€94-€8,538-€1,305▲ 84.7%
Operating profit (loss)9901-€300-€925-€94-€50,041-€2,076▲ 95.9%
Financial income75/76B-€9€74---
Recurring financial income75-€9€74---
Financial charges65/66B-€267€675€31€45▲ 42.9%
Recurring financial charges65€301€267€675€31€45▲ 42.9%
Profit (loss) for the period before taxes9903-€601-€1,182-€695-€50,073-€2,121▲ 95.8%
Income taxes67/77€4,916----€2,033-
Profit (loss) for the period9904-€5,517-€1,182-€695-€50,073-€88▲ 99.8%
Profit (loss) for the period to be appropriated9905-€5,517-€1,182-€695-€50,073-€88▲ 99.8%
Line20202021202220232024Change
Assets
Total assets20/58€163,897€153,364€148,406€112,547€109,099▼ 3.1%
Current assets29/58€163,897€153,364€148,406€112,547€109,099▼ 3.1%
Amounts receivable within one year40/41€160,963€150,439€148,406€112,529€109,048▼ 3.1%
Trade receivables40-€2,570€2,570€2,570€2,570=
Other amounts receivable41-€147,869€145,836€109,959€106,478▼ 3.2%
Current investments50/53€2,923€2,923----
Cash at bank and in hand54/58€11€2-€18€51▲ 186%
Equity and liabilities
Total equity and liabilities10/49€163,897€153,364€148,406€112,547€109,099▼ 3.1%
Equity10/15€68,195€67,013€66,318€16,245€16,156▼ 0.5%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€116,200€116,200€116,200€10,045€9,956▼ 0.9%
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-€114,340€114,340€8,185€8,096▼ 1.1%
Profit (loss) carried forward14-€54,205-€55,387-€56,082---
Amounts payable17/49€95,703€86,351€82,088€96,302€92,943▼ 3.5%
Amounts payable within one year42/48€95,703€86,351€82,088€95,929€92,182▼ 3.9%
Financial debts43-€76----
Credit institutions430/8-€76----
Trade debts44€57,643€52,544€52,544€64,054€59,933▼ 6.4%
Suppliers440/4-€52,544€52,544€64,054€59,933▼ 6.4%
Other amounts payable47/48-€33,731€29,544€31,874€32,249▲ 1.2%
Accrued charges and deferred income492/3---€373€760▲ 104%
Line20202021202220232024Change
Profit (loss) for the period9904-€5,517-€1,182-€695-€50,073-€88▲ 99.8%
Operating cash flow (approximation)-€5,517-€1,182-€695-€50,073-€88▲ 99.8%
Change in cash--€9--€33-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
03-03
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 307 days late
2024
31-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
30-09
Financial Weakest financial yearnet -€50,073
Net result drops to -€50,073, the lowest in the series; recovery starts the following year.
28-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
26-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
13-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
07-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 7 days late
07-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 372 days late
2016
29-04
NBB filing Annual accounts filed
fiscal year 2015 · full 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Vorst · 1 establishment unit since 2011
seat establishment approximate The establishment unit on the map
Ground area
256 m²
Parcel 21383B0082/00C007, Brussels. Linked by address, not a title deed.
1 establishment unit
QUINTESSENTIALLY DEVELOPMENT
Brugmannlaan 457, 1190 VorstFinancial service activities, except insurance and pension funding
since 20112.204.547.902
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21383B0082/00C007indicative Brussels 256 m² - -
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 6,655 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 (pre-2019)
Founded16-11-2011
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82200Office administrative, office support and other business support activities
82990Other business support services
90393Specialised image, lighting and sound technical services
93299Other amusement and recreation activities
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0841078486
Registered 18-12-2025

Register as of 27 September 2026 · Peppol Directory

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