QUOMAK
ActiveSummary
QUOMAK has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.4m and a net result of €2.7m. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 808 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency94▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310,000 at 30 days acceptable
Liquidity ample (current ratio 2.83 against 3.27 in 2023; short-term debt: 31% and cash: 50.4% of total assets), and 31% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more 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 2024Solvency, return and age of the figures
Solvency
69%
Return on assets
55.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
46 d early
2022
48 d early
2021
40 d early
2020
73 d early
2019
87 d early
← 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 54 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#9 fastest grower in Leuven, Manufacturing sector
Equity
€3.4m▲ 27.5%
2023 · €2.7m
Total assets
€4.9m▲ 34.5%
2023 · €3.7m
Net result
€2.7m▲ 5.4%
2023 · €2.6m
Working capital
€2.8m▲ 23.6%
2023 · €2.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food 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
Line20202021202220232024
Operating result€2.2m▲ 14.6%€2.6m▲ 14.8%€3.1m▲ 20.3%€3.5m▲ 11.8%€3.7m▲ 5.5%
Net result€1.7mabove the sector's middle half▲ 21.9%€1.9mabove the sector's middle half▲ 15.0%€2.3mabove the sector's middle half▲ 20.3%€2.6mabove the sector's middle half▲ 12.0%€2.7mabove the sector's middle half▲ 5.4%
Equity€1.2mabove the sector's middle half▲ 0.3%€559,241within the sector's middle half▼ 51.8%€1.7mabove the sector's middle half▲ 199%€2.7mabove the sector's middle half▲ 59.4%€3.4mabove the sector's middle half▲ 27.5%
Total assets€3.3mabove the sector's middle half▲ 8.8%€2.9mabove the sector's middle half▼ 11.0%€3.6mabove the sector's middle half▲ 21.8%€3.7mabove the sector's middle half▲ 2.5%€4.9mabove the sector's middle half▲ 34.5%
Debt€2.1m▲ 14.1%€2.4m▲ 11.1%€1.9m▼ 20.1%€996,040▼ 47.5%€1.5m▲ 53.2%
Working capital€930,979above the sector's middle half▼ 1.7%€322,818within the sector's middle half▼ 65.3%€1.3mabove the sector's middle half▲ 308%€2.3mabove the sector's middle half▲ 72.2%€2.8mabove the sector's middle half▲ 23.6%
Solvency35.2%within the sector's middle half▼ 3.0pp19.1%within the sector's middle half▼ 16.1pp46.9%within the sector's middle half▲ 27.8pp72.8%above the sector's middle half▲ 26.0pp69.0%above the sector's middle half▼ 3.8pp
Current ratio1.44within the sector's middle half▼ 0.071.14within the sector's middle half▼ 0.311.70within the sector's middle half▲ 0.563.27above the sector's middle half▲ 1.572.83above the sector's middle half▼ 0.44
Return on assets (ROA)50.7%above the sector's middle half▲ 5.4pp65.6%above the sector's middle half▲ 14.8pp64.8%above the sector's middle half▼ 0.8pp70.8%above the sector's middle half▲ 6.0pp55.5%above the sector's middle half▼ 15.3pp
Staff (FTE)10.9within the sector's middle half▲ 7.9%11.6within the sector's middle half▲ 6.4%10.6within the sector's middle half▼ 8.6%10.1within the sector's middle half▼ 4.7%12within the sector's middle half▲ 18.8%
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.9m
Fixed assets
€603,143 ▲ 50.1%
Current assets
€4.3m ▲ 32.6%
Equity and liabilities €4.9m
Equity
€3.4m ▲ 27.5%
Debt
€1.5m ▲ 53.2%
Debt's share of the balance-sheet total rises from 27.2% to 31.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.8m▲
2023 · €3.6m
Cash flow
€2.8m▲
2023 · €2.7m
Quick ratio
2.45▼
2023 · 2.64
Debt to equity
0.45▲
2023 · 0.37
ROE
80.4%▼
2023 · 97.2%
Interest coverage
7463.37▲
2023 · 5578.12
Debt ≤ 1 year
€1.5m▲
2023 · €996,040
Income taxes
€918,981▲
2023 · €868,895
Staff costs
€888,039▲
2023 · €749,334
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 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% | 1.7% |
| 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 75% 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 20,129 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €900 | - | - |
| Remuneration, social security and pensions62 | - | €835,886 | €809,534 | €749,334 | €888,039 | ▲ 18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,758 | €73,186 | €87,805 | €102,305 | €108,083 | ▲ 5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €30,121 | €3,121 | -€2,351 | ▼ 175% |
| Other operating charges640/8 | - | €4,950 | €5,056 | €5,858 | €6,067 | ▲ 3.6% |
| Gross operating margin9900 | €3.0m | €3.5m | €4.0m | €4.3m | €4.7m | ▲ 7.6% |
| Operating profit (loss)9901 | €2.2m | €2.6m | €3.1m | €3.5m | €3.7m | ▲ 5.5% |
| Financial income75/76B | - | €1 | €243 | €286 | €0 | ▼ 99.9% |
| Recurring financial income75 | €146 | €1 | €243 | €286 | €0 | ▼ 99.9% |
| Financial charges65/66B | - | €1,344 | €639 | €639 | €504 | ▼ 21.1% |
| Recurring financial charges65 | €989 | €1,344 | €639 | €639 | €504 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €2.2m | €2.6m | €3.1m | €3.5m | €3.7m | ▲ 5.5% |
| Income taxes67/77 | €568,872 | €649,427 | €781,655 | €868,895 | €918,981 | ▲ 5.8% |
| Profit (loss) for the period9904 | €1.7m | €1.9m | €2.3m | €2.6m | €2.7m | ▲ 5.4% |
| Profit (loss) for the period to be appropriated9905 | €1.7m | €1.9m | €2.3m | €2.6m | €2.7m | ▲ 5.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €2.9m | €3.6m | €3.7m | €4.9m | ▲ 34.5% |
| Fixed assets21/28 | €271,113 | €267,017 | €381,094 | €401,912 | €603,143 | ▲ 50.1% |
| Tangible fixed assets22/27 | €269,913 | €265,817 | €379,894 | €400,712 | €601,943 | ▲ 50.2% |
| Plant, machinery and equipment23 | - | €242,901 | €353,324 | €377,687 | €560,101 | ▲ 48.3% |
| Furniture and vehicles24 | - | €22,916 | €26,570 | €23,025 | €41,843 | ▲ 81.7% |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | €1,200 | €1,200 | = |
| Current assets29/58 | €3.0m | €2.7m | €3.2m | €3.3m | €4.3m | ▲ 32.6% |
| Stocks and contracts in progress3 | €339,098 | €395,948 | €572,291 | €631,598 | €586,938 | ▼ 7.1% |
| Stocks30/36 | - | €395,948 | €572,291 | €631,598 | €586,938 | ▼ 7.1% |
| Amounts receivable within one year40/41 | €802,871 | €1.1m | €1.1m | €1.5m | €1.3m | ▼ 14.1% |
| Trade receivables40 | - | €1.1m | €1.1m | €1.4m | €1.2m | ▼ 16.3% |
| Other amounts receivable41 | - | €10,270 | €1,603 | €35,000 | €61,876 | ▲ 76.8% |
| Cash at bank and in hand54/58 | €1.9m | €1.2m | €1.5m | €1.2m | €2.5m | ▲ 112% |
| Deferred charges and accrued income490/1 | - | €902 | €1,941 | €2,085 | €2,433 | ▲ 16.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €2.9m | €3.6m | €3.7m | €4.9m | ▲ 34.5% |
| Equity10/15 | €1.2m | €559,241 | €1.7m | €2.7m | €3.4m | ▲ 27.5% |
| Contributions10/11 | €1.0m | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Capital10 | - | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Issued capital100 | - | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Reserves13 | €156,250 | €156,250 | €156,250 | €156,250 | €156,250 | = |
| Non-distributable reserves130/1 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Legal reserve130 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Tax-exempt reserves132 | - | €56,250 | €56,250 | €56,250 | €56,250 | = |
| Profit (loss) carried forward14 | €3,967 | €2,991 | €1.1m | €2.1m | €2.8m | ▲ 34.8% |
| Amounts payable17/49 | €2.1m | €2.4m | €1.9m | €996,040 | €1.5m | ▲ 53.2% |
| Amounts payable within one year42/48 | €2.1m | €2.3m | €1.9m | €996,040 | €1.5m | ▲ 53.2% |
| Trade debts44 | €330,034 | €276,554 | €523,533 | €390,523 | €408,622 | ▲ 4.6% |
| Suppliers440/4 | - | €276,554 | €523,533 | €390,523 | €408,622 | ▲ 4.6% |
| Taxes, remuneration and social security45 | - | €143,122 | €152,654 | €105,518 | €117,192 | ▲ 11.1% |
| Taxes450/3 | - | €8,542 | €23,324 | €17,982 | €5,823 | ▼ 67.6% |
| Remuneration and social security454/9 | - | €134,580 | €129,330 | €87,535 | €111,369 | ▲ 27.2% |
| Other amounts payable47/48 | - | €1.9m | €1.2m | €500,000 | €1.0m | ▲ 100% |
| Accrued charges and deferred income492/3 | - | €30,595 | €22,800 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.7m | €1.9m | €2.3m | €2.6m | €2.7m | ▲ 5.4% |
| + Depreciation and write-downs630 | €64,758 | €73,186 | €87,805 | €102,305 | €108,083 | ▲ 5.6% |
| Operating cash flow (approximation) | €1.7m | €2.0m | €2.4m | €2.7m | €2.8m | ▲ 5.5% |
| Investment in fixed assets (approximation) | - | -€69,090 | -€201,881 | -€123,123 | -€309,314 | ▼ 151% |
| Change in cash | - | -€681,123 | €279,346 | -€307,416 | €1.3m | ▲ 527% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €2.7m ▲5.4%
Operating result €3.7m, net result €2.7m, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2mEq €2.7m ▲59.4%
6 profitable years in a row build equity to €2.7m.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1mEq €1.7m ▲199%
5 profitable years in a row build equity to €1.7m.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Leuven · 1 establishment unit since 2025
Ground area
2,297 m²
Building footprint
1,484 m²
Volume, LiDAR
38 m³
Parcel 24040B0218/00V002, Flanders · tallest building 2.6 m. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
Gaston Geenslaan 3, 3001 Leuven
since 20252.381.682.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040B0218/00V002 | Flanders | 2,297 m² | 1 · 1,484 m² | 2.6 m |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,641 EUR awarded · 2,641 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,641 EUR | 2,641 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.381.682.471
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Of 395 companies in sector 10890 we hold annual accounts for 225. 98 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
10890Manufacture of food products
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448488111
Registered
20-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.