QUINZ
ActiveSummary
QUINZ has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €2.9m. Equity is growing by ~26.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 1009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency75▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.63 in 2024; short-term debt: 46.9% and cash: 24.6% of total assets), and 49.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.1%
Return on assets
41.2%
Age of the figures
9 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
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 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 d early
2024
59 d early
2023
47 d early
2022
6 d early
2021
122 d early
2020
124 d early
2019
123 d early
← 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 84 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 2 June (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€16.0m
EBIT margin
25.0%
Net result
€2.9m▲ 45.1%
2024 · €2.0m
Working capital
€3.4m▲ 56.0%
2024 · €2.2m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 69, Legal and accounting 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€16.0m
Operating result€1.8m▼ 5.2%€1.9m▲ 5.2%€2.9m▲ 55.0%€2.8m▼ 5.8%€4.0m▲ 45.0%
Net result€1.4mabove the sector's middle half▼ 2.9%€1.4mabove the sector's middle half▲ 2.2%€2.2mabove the sector's middle half▲ 54.8%€2.0mabove the sector's middle half▼ 6.2%€2.9mabove the sector's middle half▲ 45.1%
EBIT margin25.0%
Equity€2.5mabove the sector's middle half▲ 46.0%€3.4mabove the sector's middle half▲ 35.1%€2.2mabove the sector's middle half▼ 34.1%€2.3mabove the sector's middle half▲ 5.3%€3.6mabove the sector's middle half▲ 52.6%
Total assets€4.4mabove the sector's middle half▲ 14.2%€4.3mabove the sector's middle half▼ 2.0%€5.4mabove the sector's middle half▲ 23.7%€6.1mabove the sector's middle half▲ 13.5%€7.1mabove the sector's middle half▲ 16.7%
Debt€1.9m▼ 10.8%€969,569▼ 49.8%€3.1m▲ 225%€3.8m▲ 19.2%€3.5m▼ 5.6%
Working capital€2.4mabove the sector's middle half▲ 40.8%€3.2mabove the sector's middle half▲ 35.0%€2.1mabove the sector's middle half▼ 33.7%€2.2mabove the sector's middle half▲ 3.0%€3.4mabove the sector's middle half▲ 56.0%
Solvency56.3%within the sector's middle half▲ 12.3pp77.6%above the sector's middle half▲ 21.3pp41.3%within the sector's middle half▼ 36.3pp38.4%within the sector's middle half▼ 3.0pp50.1%within the sector's middle half▲ 11.8pp
Current ratio2.45within the sector's middle half▲ 0.546.12above the sector's middle half▲ 3.671.76within the sector's middle half▼ 4.361.63within the sector's middle half▼ 0.132.03within the sector's middle half▲ 0.40
Return on assets (ROA)30.8%above the sector's middle half▼ 5.4pp32.1%above the sector's middle half▲ 1.3pp40.1%above the sector's middle half▲ 8.0pp33.2%above the sector's middle half▼ 7.0pp41.2%above the sector's middle half▲ 8.1pp
Staff (FTE)7.2within the sector's middle half▲ 16.1%6.6within the sector's middle half▼ 8.3%5.9within the sector's middle half▼ 10.6%7.3within the sector's middle half▲ 23.7%7.2within the sector's middle half▼ 1.4%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.1m
Fixed assets
€347,997 ▼ 15.4%
Current assets
€6.8m ▲ 19.1%
Equity and liabilities €7.1m
Equity
€3.6m ▲ 52.6%
Debt
€3.5m ▼ 5.6%
Debt's share of the balance-sheet total falls from 61.6% to 49.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4.1m▲
2024 · €2.9m
Cash flow
€3.0m▲
2024 · €2.1m
Debt to equity
0.99▼
2024 · 1.61
ROE
82.2%▼
2024 · 86.4%
Interest coverage
218.74▲
2024 · 70.12
Debt ≤ 1 year
€3.3m▼
2024 · €3.5m
Debt > 1 year
€125,888▼
2024 · €188,809
Income taxes
€1.1m▲
2024 · €732,746
Staff costs
€532,585▲
2024 · €484,122
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 0.1% 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €16.9m | - |
| Turnover70 | - | - | - | - | €16.0m | - |
| Other operating income74 | - | - | - | - | €933,205 | - |
| Operating charges60/66A | - | - | - | - | €12.9m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €799,589 | - |
| Purchases600/8 | - | - | - | - | €799,589 | - |
| Services and other goods61 | - | - | - | - | €11.5m | - |
| Remuneration, social security and pensions62 | - | €443,162 | €400,652 | €484,122 | €532,585 | ▲ 10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €124,094 | €90,264 | €90,937 | €96,214 | €90,516 | ▼ 5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | €4,175 | - |
| Other operating charges640/8 | - | €41,840 | €38,923 | €5,361 | €1,164 | ▼ 78.3% |
| Gross operating margin9900 | €2.5m | €2.5m | €3.5m | €3.3m | - | - |
| Operating profit (loss)9901 | €1.8m | €1.9m | €2.9m | €2.8m | €4.0m | ▲ 45.0% |
| Financial income75/76B | - | €26,508 | €40,061 | €34,503 | €63,404 | ▲ 83.8% |
| Recurring financial income75 | €94,081 | €26,508 | €40,061 | €34,503 | €63,404 | ▲ 83.8% |
| Income from current assets751 | - | - | - | - | €17,905 | - |
| Other financial income752/9 | - | - | - | - | €45,498 | - |
| Financial charges65/66B | - | €18,245 | €39,175 | €40,694 | €37,531 | ▼ 7.8% |
| Recurring financial charges65 | €15,442 | €18,245 | €39,175 | €40,694 | €37,531 | ▼ 7.8% |
| Debt charges650 | - | - | - | - | €18,694 | - |
| Other financial charges652/9 | - | - | - | - | €18,837 | - |
| Profit (loss) for the period before taxes9903 | €1.9m | €1.9m | €2.9m | €2.8m | €4.0m | ▲ 46.3% |
| Income taxes67/77 | €513,755 | €507,280 | €777,161 | €732,746 | €1.1m | ▲ 49.7% |
| Taxes670/3 | - | - | - | - | €1.1m | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | €1.4m | €1.4m | €2.2m | €2.0m | €2.9m | ▲ 45.1% |
| Profit (loss) for the period to be appropriated9905 | €1.4m | €1.4m | €2.2m | €2.0m | €2.9m | ▲ 45.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €4.3m | €5.4m | €6.1m | €7.1m | ▲ 16.7% |
| Fixed assets21/28 | €392,885 | €488,523 | €420,654 | €411,266 | €347,997 | ▼ 15.4% |
| Intangible fixed assets21 | €19,744 | €11,983 | €7,389 | €7,619 | €8,334 | ▲ 9.4% |
| Tangible fixed assets22/27 | €365,401 | €468,800 | €405,525 | €395,907 | €328,687 | ▼ 17.0% |
| Plant, machinery and equipment23 | - | €622 | €343 | €65 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €90,806 | €72,561 | €76,077 | €57,208 | ▼ 24.8% |
| Other tangible fixed assets26 | - | €377,373 | €332,622 | €319,765 | €271,479 | ▼ 15.1% |
| Financial fixed assets28 | €7,740 | €7,740 | €7,740 | €7,740 | €10,977 | ▲ 41.8% |
| Other financial fixed assets284/8 | - | - | - | - | €10,977 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €10,977 | - |
| Current assets29/58 | €4.0m | €3.8m | €4.9m | €5.7m | €6.8m | ▲ 19.1% |
| Amounts receivable after more than one year29 | - | €169,201 | €63,451 | €0 | - | - |
| Other amounts receivable291 | - | €169,201 | €63,451 | €0 | - | - |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €2.9m | €2.8m | €3.3m | €4.2m | €4.8m | ▲ 14.6% |
| Trade receivables40 | - | €2.7m | €3.2m | €4.1m | €4.8m | ▲ 17.6% |
| Other amounts receivable41 | - | €63,667 | €107,232 | €117,488 | €13,076 | ▼ 88.9% |
| Cash at bank and in hand54/58 | €715,037 | €868,992 | €1.5m | €1.4m | €1.7m | ▲ 25.6% |
| Deferred charges and accrued income490/1 | - | €19,904 | €140,015 | €61,286 | €168,846 | ▲ 176% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €4.3m | €5.4m | €6.1m | €7.1m | ▲ 16.7% |
| Equity10/15 | €2.5m | €3.4m | €2.2m | €2.3m | €3.6m | ▲ 52.6% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €2.4m | €3.3m | €2.2m | €2.3m | €3.5m | ▲ 53.9% |
| Amounts payable17/49 | €1.9m | €969,569 | €3.1m | €3.8m | €3.5m | ▼ 5.6% |
| Amounts payable after more than one year17 | €239,624 | €317,140 | €251,792 | €188,809 | €125,888 | ▼ 33.3% |
| Financial debts170/4 | - | €317,140 | €251,792 | €188,809 | €125,888 | ▼ 33.3% |
| Credit institutions173 | - | - | - | - | €125,888 | - |
| Amounts payable within one year42/48 | €1.6m | €628,234 | €2.8m | €3.5m | €3.3m | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | - | €316,195 | €487,150 | €285,778 | €188,141 | ▼ 34.2% |
| Trade debts44 | €357,938 | €171,332 | €586,348 | €1.1m | €677,699 | ▼ 38.6% |
| Suppliers440/4 | - | €171,332 | €586,348 | €1.1m | €677,699 | ▼ 38.6% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €138,878 | €86,886 | €185,556 | €661,268 | ▲ 256% |
| Taxes450/3 | - | €88,944 | €44,123 | €138,777 | €603,857 | ▲ 335% |
| Remuneration and social security454/9 | - | €49,934 | €42,763 | €46,779 | €57,411 | ▲ 22.7% |
| Other amounts payable47/48 | - | €1,829 | €1.7m | €1.9m | €1.8m | ▼ 5.3% |
| Accrued charges and deferred income492/3 | - | €24,195 | €84,145 | €83,051 | €85,308 | ▲ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.4m | €1.4m | €2.2m | €2.0m | €2.9m | ▲ 45.1% |
| + Depreciation and write-downs630 | €124,094 | €90,264 | €90,937 | €96,214 | €90,516 | ▼ 5.9% |
| Operating cash flow (approximation) | €1.5m | €1.5m | €2.2m | €2.1m | €3.0m | ▲ 42.8% |
| Investment in fixed assets (approximation) | - | -€185,902 | -€23,068 | -€86,826 | -€27,247 | ▲ 68.6% |
| Change in cash | - | €153,955 | €605,719 | -€82,182 | €356,621 | ▲ 534% |
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
18-08
State Gazette act
General meeting · Share split
Financial instrument · Power of attorney
10-08
State Gazette act
General meeting · Registered-office move
Capital decrease · Other statement
27-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
20-07
State Gazette act
General meeting · Other statement
Share class · Statutes amendment
28-05
State Gazette act
General meeting · Merger
Other statement · Accounting effect
28-05
State Gazette act
Other statement · General meeting
Merger · Accounting effect
15-05
State Gazette act
Board meeting · Registered-office move
06-05
State Gazette act
General meeting · Power of attorney
Auditor appointment
06-05
State Gazette act
General meeting · Director appointment
05-05
State Gazette act
General meeting · Director resignation
Permanent representative
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
27-03
State Gazette act
Incorporation · Founder
Corporate purpose · First fiscal year · Tim CARNEWAL
Show earlier events
23-02
State Gazette act
Board meeting · Director resignation
Director appointment · General meeting
03-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
03-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
20-01
State Gazette act
General meeting · Statutes amendment
Director discharge · Dissolution · Tim CARNEWAL
2025
31-12
Financial
Highest result since 2018net €2.9m ▲45.1%
Operating result €4.0m, net result €2.9m, both a record.
26-08
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
12-02
State Gazette act
General meeting · Director appointment
2024
17-12
State Gazette act
General meeting · Director resignation
Director appointment
12-09
State Gazette act
General meeting · Capital increase
Share issue · Statutes amendment
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
15-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
02-01
State Gazette act
General meeting · Capital increase
Share issue · Statutes amendment
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 6.12
Current ratio from 2.45 to 6.12; short-term debt falls from €1.6m to €628,234.
28-06
State Gazette act
Statutes amendment · Reserve release
Corporate purpose · Director resignation
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2mEq €2.5m ▲46%
4 profitable years in a row build equity to €2.5m.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1mEq €1.7m ▲94%
3 profitable years in a row build equity to €1.7m.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2011
Ground area
1.5 ha
Building footprint
3,018 m²
Volume, LiDAR
47,793 m³
Parcel 23645C0156/00G003, Flanders · tallest building 23.7 m, ±6 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
QUINZ
since 20112.225.887.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23645C0156/00G003 | Flanders | 1.5 ha | 1 · 3,018 m² | 23.6 m · 6 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.
Structure & network
Owners and holdings
1 ownerChain of control
- Quiche Holding
- QUINZ
Highest known parent: Quiche Holding. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of QUINZ 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.
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 10,278 EUR awarded · 10,251 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 628 EUR | 601 EUR |
| 2024 | 2 | 4,944 EUR | 4,944 EUR |
| 2023 | 1 | 2,837 EUR | 2,837 EUR |
| 2022 | 1 | 1,869 EUR | 1,869 EUR |
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Company details
Identification
Legal formPrivate limited company
Founded29-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837393773
Also
9925:BE0837393773
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.