QURATEC
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 60% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €38,414 | €28,000 |
| Financial fixed assets | €40 | €0 |
| Depreciation and write-downs of the year | €8,995 | €10,591 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €1,768 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,995 | €10,591 | ▲ 17.7% |
| Other operating charges640/8 | €890 | €520 | ▼ 41.6% |
| Gross operating margin9900 | €120,653 | €55,827 | ▼ 53.7% |
| Operating profit (loss)9901 | €110,768 | €44,716 | ▼ 59.6% |
| Financial income75/76B | €56 | €0 | ▼ 100% |
| Recurring financial income75 | €56 | €0 | ▼ 100% |
| Financial charges65/66B | €82 | €77 | ▼ 6.7% |
| Recurring financial charges65 | €82 | €77 | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | €110,741 | €44,639 | ▼ 59.7% |
| Income taxes67/77 | €30,957 | €8,735 | ▼ 71.8% |
| Profit (loss) for the period9904 | €79,784 | €35,904 | ▼ 55.0% |
| Profit (loss) for the period to be appropriated9905 | €79,784 | €35,904 | ▼ 55.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €117,676 | €132,429 | ▲ 12.5% |
| Fixed assets21/28 | €29,459 | €46,868 | ▲ 59.1% |
| Tangible fixed assets22/27 | €29,419 | €46,828 | ▲ 59.2% |
| Plant, machinery and equipment23 | €1,367 | €781 | ▼ 42.9% |
| Furniture and vehicles24 | €28,052 | €46,047 | ▲ 64.1% |
| Financial fixed assets28 | €40 | €40 | = |
| Current assets29/58 | €88,216 | €85,561 | ▼ 3.0% |
| Amounts receivable within one year40/41 | €5,173 | €606 | ▼ 88.3% |
| Trade receivables40 | €5,173 | €606 | ▼ 88.3% |
| Cash at bank and in hand54/58 | €82,649 | €84,956 | ▲ 2.8% |
| Deferred charges and accrued income490/1 | €395 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €117,676 | €132,429 | ▲ 12.5% |
| Equity10/15 | €83,284 | €119,188 | ▲ 43.1% |
| Contributions10/11 | €3,500 | €3,500 | = |
| Reserves13 | €79,000 | €115,688 | ▲ 46.4% |
| Distributable reserves133 | €79,000 | €115,688 | ▲ 46.4% |
| Profit (loss) carried forward14 | €784 | €0 | ▼ 100% |
| Amounts payable17/49 | €34,392 | €13,241 | ▼ 61.5% |
| Amounts payable within one year42/48 | €34,392 | €13,241 | ▼ 61.5% |
| Trade debts44 | €742 | €376 | ▼ 49.3% |
| Suppliers440/4 | €742 | €376 | ▼ 49.3% |
| Taxes, remuneration and social security45 | €32,096 | €9,590 | ▼ 70.1% |
| Taxes450/3 | €32,096 | €9,590 | ▼ 70.1% |
| Other amounts payable47/48 | €1,554 | €3,275 | ▲ 111% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €79,784 | €35,904 | ▼ 55.0% |
| + Depreciation and write-downs630 | €8,995 | €10,591 | ▲ 17.7% |
| Operating cash flow (approximation) | €88,779 | €46,496 | ▼ 47.6% |
| Investment in fixed assets (approximation) | - | -€28,000 | - |
| Change in cash | - | €2,307 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as QURATEC has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of QURATEC itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for QURATEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.