Financials
- Financial year
- 2024
- Turnover
- €130,510
- Profit
- €3,931
- Solvency
- 27.0%
Turnover▼ 41.2%
Net result
20192024
S.Q TRADING
ActiveSummary
The computed 12-month bankruptcy probability of S.Q TRADING is 12.9% (high). The 2024 annual accounts show equity of €72,782 and a net result of €3,931. Equity is growing by about 24% per year across the filed financial years. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€130,510turnover 2024
- Staff
- 0.4 FTE
- Equity
- €72,782
- Profit
- €3,931
Structure
Accounts 84 days overdue1 of 2 deeds read
Why 29raises riskFigures for financial year 2024 (filed 07-09-2026)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 403 days late; 3 of the last 3 latelowers riskSize: turnover €130,510, total assets €269,114Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 27% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency
52-23
equity 27.0% of total assets
Liquidity
12-47
short-term debt 73.0% · cash 1.1%
Profitability
41-13
return on assets 1.5%
Bankruptcy probability, 12 months
12.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 11.9%lowest value
12-2024: 18.0%▲ +6.1 percentage points vs 11-2024
01-2025: 18.2%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 18.2%● unchanged vs 01-2025highest value
03-2025: 18.2%● unchanged vs 02-2025highest value
04-2025: 18.2%● unchanged vs 03-2025highest value
05-2025: 18.2%● unchanged vs 04-2025highest value
06-2025: 18.2%● unchanged vs 05-2025highest value
07-2025: 18.2%● unchanged vs 06-2025highest value
08-2025: 18.2%● unchanged vs 07-2025highest value
09-2025: 18.2%● unchanged vs 08-2025highest value
10-2025: 18.2%● unchanged vs 09-2025highest value
11-2025: 18.2%● unchanged vs 10-2025highest value
12-2025: 17.5%▼ -0.7 percentage points vs 11-2025
01-2026: 17.5%● unchanged vs 12-2025
02-2026: 17.7%▲ +0.2 percentage points vs 01-2026
03-2026: 17.7%● unchanged vs 02-2026
04-2026: 17.7%● unchanged vs 03-2026
05-2026: 17.7%● unchanged vs 04-2026
06-2026: 17.0%▼ -0.7 percentage points vs 05-2026
07-2026: 17.0%● unchanged vs 06-2026
08-2026: 17.4%▲ +0.4 percentage points vs 07-2026
09-2026: 17.4%● unchanged vs 08-2026
10-2026: 12.9%▼ -4.5 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.32, compared with 1.88 in 2023, below the usual 1.5; short-term debt: 73% and cash: 1.1% of total assets), and 73% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 31% on solvency, 10% on liquidity, 32% on profitability and 37% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-09-2026, 403 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
403 days late
2023
659 days late
2022
898 days late
2020
92 days late
2019
140 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 438 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- 31-12-2024Weakest financial year
- 06-11-2024Registered office
- 31-12-2022Liquidity more than doubled
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 08-12-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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