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QUIZARD

Active
Non-profit associationfounded 2024active for 1 yearNoordstraat 9, 2800 Mechelen, BelgiumKBO/BCE: BE 1016.156.162
Summary

QUIZARD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,244 and a net result of €4,244. Its solvency ranks better than 35% of 1,857 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (56 days) Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00532935.

Equity
€4,244
Total assets
€14,097
Net result
€4,244
Working capital
€3,701

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €14,097
Fixed assets €543
Current assets €13,555
Equity and liabilities €14,097
Equity €4,244
Debt €9,853
Debt finances 69.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€4,379
Cash flow
€4,247
Current ratio
1.38
Debt to equity
2.32
ROE
100.0%
ROA
30.1%
Interest coverage
23.62
Debt ≤ 1 year
€9,853
Staff costs
€42,445

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€14,097
Fixed assets21/28€543
Tangible fixed assets22/27€543
Plant, machinery and equipment23€543
Current assets29/58€13,555
Amounts receivable within one year40/41€6,279
Trade receivables40€6,279
Cash at bank and in hand54/58€7,275
Equity and liabilities
Total equity and liabilities10/49€14,097
Equity10/15€4,244
Profit (loss) carried forward14€4,244
Amounts payable17/49€9,853
Amounts payable within one year42/48€9,853
Trade debts44€5,812
Suppliers440/4€5,812
Taxes, remuneration and social security45€4,042
Taxes450/3€2,308
Remuneration and social security454/9€1,734
Income statement Code2025
Remuneration, social security and pensions62€42,445
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2
Gross operating margin9900€46,824
Operating profit (loss)9901€4,377
Financial income75/76B€53
Recurring financial income75€53
Financial charges65/66B€185
Recurring financial charges65€185
Profit (loss) for the period before taxes9903€4,244
Profit (loss) for the period9904€4,244
Profit (loss) for the period to be appropriated9905€4,244
Appropriation of the result
Profit (loss) to be appropriated9906€4,244

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€42,445
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2
Gross operating margin9900€46,824
Operating profit (loss)9901€4,377
Financial income75/76B€53
Recurring financial income75€53
Financial charges65/66B€185
Recurring financial charges65€185
Profit (loss) for the period before taxes9903€4,244
Profit (loss) for the period9904€4,244
Profit (loss) for the period to be appropriated9905€4,244
Line2025
Assets
Total assets20/58€14,097
Fixed assets21/28€543
Tangible fixed assets22/27€543
Plant, machinery and equipment23€543
Current assets29/58€13,555
Amounts receivable within one year40/41€6,279
Trade receivables40€6,279
Cash at bank and in hand54/58€7,275
Equity and liabilities
Total equity and liabilities10/49€14,097
Equity10/15€4,244
Profit (loss) carried forward14€4,244
Amounts payable17/49€9,853
Amounts payable within one year42/48€9,853
Trade debts44€5,812
Suppliers440/4€5,812
Taxes, remuneration and social security45€4,042
Taxes450/3€2,308
Remuneration and social security454/9€1,734
Line2025
Profit (loss) for the period9904€4,244
+ Depreciation and write-downs630€2
Operating cash flow (approximation)€4,247

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

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 25-09-2026 2026-00532935

Similar companies · same sector, comparable size

Of the 800 active companies whose main activity is sound recording (NACE 59201), figures are known for 169. 82 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.