Quintyn Projects
ActiveSummary
Quintyn Projects has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€96,825) and a net result of €14,680. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 352 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06; cash: 18.1% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
255.4%
Age of the figures
15 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 352 sector peers (2025).
NBB · sector comparisonPosition among 352 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
1 d early
2022
1 d early
2021
3 d early
2020
2 d early
2019
on the day
← 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 2 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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 2025, micro schema
Equity
-€96,825▲ 13.2%
2024 · -€111,505
Total assets
€5,748▲ 18.9%
2024 · €4,834
Net result
€14,680▲ 31.8%
2024 · €11,142
Working capital
-€96,825▲ 13.2%
2024 · -€111,505
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, 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
Line20212022202320242025
Operating result€8,213▲ 85.1%€5,075▼ 38.2%€4,884▼ 3.8%€15,041▲ 208%€19,766▲ 31.4%
Net result€5,959within the sector's middle half▲ 99.2%€3,659within the sector's middle half▼ 38.6%€3,546within the sector's middle half▼ 3.1%€11,142within the sector's middle half▲ 214%€14,680within the sector's middle half▲ 31.8%
Equity-€129,852below the sector's middle half▲ 4.4%-€126,193below the sector's middle half▲ 2.8%-€122,647below the sector's middle half▲ 2.8%-€111,505below the sector's middle half▲ 9.1%-€96,825below the sector's middle half▲ 13.2%
Total assets€6,350below the sector's middle half▼ 16.2%€4,425below the sector's middle half▼ 30.3%€3,192below the sector's middle half▼ 27.9%€4,834below the sector's middle half▲ 51.4%€5,748below the sector's middle half▲ 18.9%
Debt€136,202▼ 5.0%€130,618▼ 4.1%€125,839▼ 3.7%€116,339▼ 7.5%€102,573▼ 11.8%
Working capital-€130,042▲ 4.6%-€126,193▲ 3.0%-€122,647▲ 2.8%-€111,505▲ 9.1%-€96,825▲ 13.2%
Solvency
above
within
below
the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, 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 2023 the operating result has climbed two years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Key figures and ratios
Current ratio
0.06
Quick ratio
0.02
Debt to equity
-1.06
ROA
255.4%
Debt ≤ 1 year
€102,573▼
2024 · €116,339
Income taxes
€4,893▲
2024 · €3,810
A ratio outside any meaningful range has been withheld (balance sheet total €5,748, equity -€96,825).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,799 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €264 | €190 | - | - | - | - |
| Other operating charges640/8 | - | €179 | €195 | €204 | €210 | ▲ 2.8% |
| Gross operating margin9900 | €8,652 | €5,444 | €5,079 | €15,245 | €19,976 | ▲ 31.0% |
| Operating profit (loss)9901 | €8,213 | €5,075 | €4,884 | €15,041 | €19,766 | ▲ 31.4% |
| Financial charges65/66B | - | €84 | €47 | €89 | €193 | ▲ 117% |
| Recurring financial charges65 | €85 | €84 | €47 | €89 | €193 | ▲ 117% |
| Profit (loss) for the period before taxes9903 | €8,128 | €4,991 | €4,837 | €14,952 | €19,573 | ▲ 30.9% |
| Income taxes67/77 | €2,169 | €1,332 | €1,291 | €3,810 | €4,893 | ▲ 28.4% |
| Profit (loss) for the period9904 | €5,959 | €3,659 | €3,546 | €11,142 | €14,680 | ▲ 31.8% |
| Profit (loss) for the period to be appropriated9905 | €5,959 | €3,659 | €3,546 | €11,142 | €14,680 | ▲ 31.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,350 | €4,425 | €3,192 | €4,834 | €5,748 | ▲ 18.9% |
| Fixed assets21/28 | €190 | - | - | - | - | - |
| Tangible fixed assets22/27 | €190 | - | - | - | - | - |
| Current assets29/58 | €6,160 | €4,425 | €3,192 | €4,834 | €5,748 | ▲ 18.9% |
| Stocks and contracts in progress3 | - | - | - | €3,000 | €4,000 | ▲ 33.3% |
| Contracts in progress37 | - | - | - | €3,000 | €4,000 | ▲ 33.3% |
| Amounts receivable within one year40/41 | €575 | €915 | €1,071 | €1,163 | €708 | ▼ 39.1% |
| Other amounts receivable41 | - | €915 | €1,071 | €1,163 | €708 | ▼ 39.1% |
| Cash at bank and in hand54/58 | €5,585 | €3,510 | €2,121 | €671 | €1,039 | ▲ 54.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,350 | €4,425 | €3,192 | €4,834 | €5,748 | ▲ 18.9% |
| Equity10/15 | -€129,852 | -€126,193 | -€122,647 | -€111,505 | -€96,825 | ▲ 13.2% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €208 | €208 | €208 | €208 | €208 | = |
| Non-distributable reserves130/1 | - | €208 | €208 | - | - | - |
| Reserves not available under the articles1311 | - | €208 | €208 | - | - | - |
| Distributable reserves133 | - | - | - | €208 | €208 | = |
| Profit (loss) carried forward14 | -€136,257 | -€132,598 | -€129,052 | -€117,910 | -€103,231 | ▲ 12.4% |
| Amounts payable17/49 | €136,202 | €130,618 | €125,839 | €116,339 | €102,573 | ▼ 11.8% |
| Amounts payable within one year42/48 | €136,202 | €130,618 | €125,839 | €116,339 | €102,573 | ▼ 11.8% |
| Trade debts44 | €54 | €54 | - | €790 | €25 | ▼ 96.9% |
| Suppliers440/4 | - | €54 | - | €790 | €25 | ▼ 96.9% |
| Taxes, remuneration and social security45 | - | €1,332 | €1,291 | - | - | - |
| Taxes450/3 | - | €1,332 | €1,291 | - | - | - |
| Other amounts payable47/48 | - | €129,232 | €124,548 | €115,549 | €102,548 | ▼ 11.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,959 | €3,659 | €3,546 | €11,142 | €14,680 | ▲ 31.8% |
| + Depreciation and write-downs630 | €264 | €190 | - | - | - | - |
| Operating cash flow (approximation) | €6,223 | €3,849 | €3,546 | €11,142 | €14,680 | ▲ 31.8% |
| Change in cash | - | -€2,075 | -€1,389 | -€1,450 | €368 | ▲ 125% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €14,680 ▲31.8%
Operating result €19,766, net result €14,680, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Aalst · 1 establishment unit since 1999
Ground area
1,308 m²
Building footprint
272 m²
Volume, LiDAR
2,469 m³
2 parcels, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
STEENHOUWERIJ DE COOMAN
since 19992.090.513.712
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41025A0263/00M000 | Flanders | 1,002 m² | 1 · 152 m² | 9.2 m · 2 fl. |
| 41302C1098/00E003 | Flanders | 305 m² | 1 · 120 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
B.W. BELGIUM
BE 0449.724.365
Aalst
AGRA
BE 0431.364.146
Wortegem-Petegem
Amant
BE 0471.998.634
Evergem
Asperse Marmerindustrie
BE 0407.252.916
Gavere
BAVO PAUSENBERGER
BE 0426.653.510
Lievegem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 737 companies in sector 23700 we hold annual accounts for 489. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-1999
Fiscal year end30-06
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465544174
Registered
24-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.