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QV CONSTRUCTION

Active
Private limited companyfounded 20242 yrs activeRue J.F. Kennedy 31, 4840 Welkenraedt, BelgiumKBO/BCE: BE 1006.810.906
Summary

The computed 12-month bankruptcy probability of QV CONSTRUCTION is 2.3% (moderate). The 2025 annual accounts show equity of €103,749 and a net result of €98,749. Its solvency ranks better than 49% of 7586 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency68
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.25; short-term debt: 33.7% and cash: 36.4% of total assets), and 56.8% 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2025
Solvency, return and age of the figures
Solvency
43.2%
Return on assets
41.1%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-11-2025, 65 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
65 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

QV CONSTRUCTION was incorporated on 6 March 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€103,749
Total assets
€240,326
Net result
€98,749
Working capital
€20,478

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

Balance-sheet composition
Assets €240,326
Fixed assets €138,844
Current assets €101,482
Equity and liabilities €240,326
Equity €103,749
Debt €136,577
Debt finances 56.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€144,659
Cash flow
€122,967
Current ratio
1.25
Debt to equity
1.32
ROE
95.2%
ROA
41.1%
Interest coverage
60.79
Debt ≤ 1 year
€81,004
Debt > 1 year
€55,573
Income taxes
€19,312
Staff costs
€79,962

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,276 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€240,326
Fixed assets21/28€138,844
Tangible fixed assets22/27€138,844
Plant, machinery and equipment23€43,408
Furniture and vehicles24€95,436
Current assets29/58€101,482
Amounts receivable within one year40/41€14,093
Trade receivables40€3,815
Other amounts receivable41€10,278
Cash at bank and in hand54/58€87,390
Equity and liabilities
Total equity and liabilities10/49€240,326
Equity10/15€103,749
Contributions10/11€5,000
Profit (loss) carried forward14€98,749
Amounts payable17/49€136,577
Amounts payable after more than one year17€55,573
Financial debts170/4€55,573
Amounts payable within one year42/48€81,004
Current portion of amounts payable after more than one year42€15,391
Trade debts44€48,327
Suppliers440/4€48,327
Taxes, remuneration and social security45€3,019
Taxes450/3€333
Remuneration and social security454/9€2,686
Other amounts payable47/48€14,268
Income statement Code2025
Remuneration, social security and pensions62€79,962
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,218
Other operating charges640/8€1,102
Gross operating margin9900€225,723
Operating profit (loss)9901€120,441
Financial charges65/66B€2,380
Recurring financial charges65€2,380
Profit (loss) for the period before taxes9903€118,061
Income taxes67/77€19,312
Profit (loss) for the period9904€98,749
Profit (loss) for the period to be appropriated9905€98,749
Appropriation of the result
Profit (loss) to be appropriated9906€98,749

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€79,962
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,218
Other operating charges640/8€1,102
Gross operating margin9900€225,723
Operating profit (loss)9901€120,441
Financial charges65/66B€2,380
Recurring financial charges65€2,380
Profit (loss) for the period before taxes9903€118,061
Income taxes67/77€19,312
Profit (loss) for the period9904€98,749
Profit (loss) for the period to be appropriated9905€98,749
Line2025
Assets
Total assets20/58€240,326
Fixed assets21/28€138,844
Tangible fixed assets22/27€138,844
Plant, machinery and equipment23€43,408
Furniture and vehicles24€95,436
Current assets29/58€101,482
Amounts receivable within one year40/41€14,093
Trade receivables40€3,815
Other amounts receivable41€10,278
Cash at bank and in hand54/58€87,390
Equity and liabilities
Total equity and liabilities10/49€240,326
Equity10/15€103,749
Contributions10/11€5,000
Profit (loss) carried forward14€98,749
Amounts payable17/49€136,577
Amounts payable after more than one year17€55,573
Financial debts170/4€55,573
Amounts payable within one year42/48€81,004
Current portion of amounts payable after more than one year42€15,391
Trade debts44€48,327
Suppliers440/4€48,327
Taxes, remuneration and social security45€3,019
Taxes450/3€333
Remuneration and social security454/9€2,686
Other amounts payable47/48€14,268
Line2025
Profit (loss) for the period9904€98,749
+ Depreciation and write-downs630€24,218
Operating cash flow (approximation)€122,967

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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Timeline · acts, filings and financial milestones

2025
27-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Welkenraedt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
852 m²
Building footprint
84 m²
Volume, LiDAR
482 m³
Parcel 63084A0139/00V000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
QV CONSTRUCTION
Rue J.F. Kennedy 31, 4840 WelkenraedtConstruction of residential and non-residential buildings
since 20242.356.683.789
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63084A0139/00V000 Wallonia 852 m² 1 · 84 m² 7.0 m · 2 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.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 13,108 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-03-2024
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43120Site preparation
43130Specialised construction activities
43350Other building finishing work
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006810906
Registered 02-11-2025

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.