Quivvy Solutions
ActiveQuivvy Solutions has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €2k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+13
Solvency32▼-8
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.31 in 2024; short-term debt: 71.1% and cash: 3.8% of total assets), and 92.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 17046 sector peers (2025).
NBB · sector comparisonPosition among 17046 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
23 d early
2024
9 d early
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 12.4%
2024 · €20k
2023: €17k
2024: €20k
2023 → 2025
Total assets
€299k▲ 128%
2024 · €131k
2023: €108k
2024: €131k
2023 → 2025
Net result
€2k▼ 6.7%
2024 · €3k
2023: €12k
2024: €3k
2023 → 2025
Working capital
€-122k▼ 70.5%
2024 · €-71k
2023: €31k
2024: €-71k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€17k-€20k▲ 15.4%€22k▲ 12.4%
Operating result€16k-€6k▼ 64.1%€7k▲ 15.8%
Net result€12k-€3k▼ 78.2%€2k▼ 6.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299k
Fixed assets
€208k▲ 110%
Current assets
€91k▲ 183%
Equity and liabilities €299k
Equity
€22k▲ 12.4%
Debt
€277k▲ 148%
The debt ratio rises from 85.1% to 92.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €14k
Cash flow
€25k▲
2024 · €10k
Solvency
7.4%▼
2024 · 14.9%
Current ratio
0.43▲
2024 · 0.31
Quick ratio
0.43▲
2024 · 0.31
Debt / equity
12.60▲
2024 · 5.71
ROE
11.1%▼
2024 · 13.3%
ROA
0.8%▼
2024 · 2.0%
Interest coverage
6.93▲
2024 · 4.34
Debt
€277k▲
2024 · €111k
Debt ≤ 1 year
€212k▲
2024 · €103k
Debt > 1 year
€64k▲
2024 · €0
Income taxes
€264▲
2024 · €111
Staff costs
€63k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€131k€299k▲
Fixed assets21/28€99k€208k▲
Intangible fixed assets21€95k€203k▲
Tangible fixed assets22/27€4k€5k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€2k▲
Other tangible fixed assets26€1k€1k▼
Current assets29/58€32k€91k▲
Amounts receivable within one year40/41€18k€79k▲
Trade receivables40€16k€76k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€13k€11k▼
Deferred charges and accrued income490/1€936€115▼
Equity and liabilities
Total equity and liabilities10/49€131k€299k▲
Equity10/15€20k€22k▲
Contributions10/11€5k€5k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14-€2k
Amounts payable17/49€111k€277k▲
Amounts payable after more than one year17€0€64k▲
Financial debts170/4€0€64k▲
Amounts payable within one year42/48€103k€212k▲
Current portion of amounts payable after more than one year42€26k€11k▼
Financial debts43€4k€3k▼
Credit institutions430/8€4k-
Other loans439-€3k
Trade debts44€54k€81k▲
Suppliers440/4€54k€81k▲
Advances received on contracts in progress46€8k€0▼
Taxes, remuneration and social security45€12k€28k▲
Taxes450/3€418€11k▲
Remuneration and social security454/9€12k€17k▲
Other amounts payable47/48€43€90k▲
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€62k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€22k▲
Other operating charges640/8€456€528▲
Gross operating margin9900€76k€93k▲
Operating profit (loss)9901€6k€7k▲
Financial income75/76B€13€142▲
Recurring financial income75€13€142▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€3k€3k▼
Income taxes67/77€111€264▲
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€2k▼
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €2k ▼6.7%
Net result drops to €2k, the lowest in the series.
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Poortakkerstraat 579051 GentGround area
6,281 m²
Building footprint
3,732 m²
Volume, LiDAR
21,570 m³
Parcel 44062A0106/00S000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Quivvy Solutions
since 20222.328.821.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0106/00S000 | Flanders | 6,281 m² | 1 · 3,732 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
Flemish government
2024 to 2025 · 4 entries · 65,360 EUR awarded · 40,360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 56,360 EUR | 31,360 EUR |
| 2024 | 1 | 9,000 EUR | 9,000 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 5,926 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2022
Fiscal year end31-03
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
58290Other software publishing
62900Other information technology and computer services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.