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QVH SERVICES

Active
Private limited companyfounded 2025active for 1 yearRue Lucien Namêche 42, 5000 Namur, BelgiumKBO/BCE: BE 1019.389.727
Summary

QVH SERVICES has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,341 and a net result of €6,341. Its solvency ranks better than 59% of 2,797 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399198.

Turnover
€81,877
EBIT margin
11.1%
Net result
€6,341
Working capital
-€7,906
Balance-sheet composition
Assets €17,557
Fixed assets €17,247
Current assets €310
Equity and liabilities €17,557
Equity €9,341
Debt €8,216
Debt finances 46.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€13,321
Cash flow
€10,600
Current ratio
0.04
Debt to equity
0.88
ROE
67.9%
ROA
36.1%
Interest coverage
over 100
Debt ≤ 1 year
€8,216
Income taxes
€2,637

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 higher bankruptcy probability: 1.2% 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 497,475 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 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€17,557
Fixed assets21/28€17,247
Tangible fixed assets22/27€17,247
Furniture and vehicles24€17,247
Current assets29/58€310
Amounts receivable within one year40/41€0
Trade receivables40€0
Other amounts receivable41€0
Cash at bank and in hand54/58€310
Equity and liabilities
Total equity and liabilities10/49€17,557
Equity10/15€9,341
Contributions10/11€3,000
Profit (loss) carried forward14€6,341
Amounts payable17/49€8,216
Amounts payable within one year42/48€8,216
Trade debts44€3,434
Suppliers440/4€3,434
Taxes, remuneration and social security45€3,915
Taxes450/3€3,915
Remuneration and social security454/9€0
Other amounts payable47/48€867
Income statement Code2025
Turnover70€81,877
Goods, raw materials, services and sundry goods60/61€73,025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,258
Other operating charges640/8€311
Gross operating margin9900€13,632
Operating profit (loss)9901€9,062
Financial charges65/66B€84
Recurring financial charges65€84
Profit (loss) for the period before taxes9903€8,978
Income taxes67/77€2,637
Profit (loss) for the period9904€6,341
Profit (loss) for the period to be appropriated9905€6,341
Appropriation of the result
Profit (loss) to be appropriated9906€6,341

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€81,877
Goods, raw materials, services and sundry goods60/61€73,025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,258
Other operating charges640/8€311
Gross operating margin9900€13,632
Operating profit (loss)9901€9,062
Financial charges65/66B€84
Recurring financial charges65€84
Profit (loss) for the period before taxes9903€8,978
Income taxes67/77€2,637
Profit (loss) for the period9904€6,341
Profit (loss) for the period to be appropriated9905€6,341
Line2025
Assets
Total assets20/58€17,557
Fixed assets21/28€17,247
Tangible fixed assets22/27€17,247
Furniture and vehicles24€17,247
Current assets29/58€310
Amounts receivable within one year40/41€0
Trade receivables40€0
Other amounts receivable41€0
Cash at bank and in hand54/58€310
Equity and liabilities
Total equity and liabilities10/49€17,557
Equity10/15€9,341
Contributions10/11€3,000
Profit (loss) carried forward14€6,341
Amounts payable17/49€8,216
Amounts payable within one year42/48€8,216
Trade debts44€3,434
Suppliers440/4€3,434
Taxes, remuneration and social security45€3,915
Taxes450/3€3,915
Remuneration and social security454/9€0
Other amounts payable47/48€867
Line2025
Profit (loss) for the period9904€6,341
+ Depreciation and write-downs630€4,258
Operating cash flow (approximation)€10,600

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 abbreviated format 13-08-2026 2026-00399198

Similar companies · same sector, comparable size

Of the 24,206 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,680. 4,649 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.