Financials
- Fiscal year
- 2024
- Total assets
- €27,287
- Profit
- €3,707
- Solvency
- -230.9%
Total assets▼ 17.5%
Net result
20182024
SAVE THE QUEEN
ActiveSummary
The computed 12-month bankruptcy probability of SAVE THE QUEEN is 9.0% (elevated). The 2024 annual accounts show negative equity (-€62,995) and a net result of €3,707. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36364 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€27,287total assets 2024
- Equity
- -€62,995
- Profit
- €3,707
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 2 deeds read
Why 32- 1 financial year not filed after the legal deadline; latest accounts 257 days late; 3 of the last 3 late- Figures for FY 2024 (filed 16-04-2026)- Liquidity: current ratio 0.28, cash €63, halved- Sector Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2024
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 30% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -230.9% of total assets
Liquidity
0-25
short-term debt 285.8% · cash 0.2%
Profitability
86+86
return on assets 13.6%
Bankruptcy probability, 12 months
9.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 9.0%
12-2024: 10.0%▲ +11.4% vs 11-2024
01-2025: 12.4%▲ +23.8% vs 12-2024highest value
02-2025: 4.1%▼ -66.7% vs 01-2025
03-2025: 4.1%▼ -1.2% vs 02-2025
04-2025: 4.0%▼ -1.3% vs 03-2025
05-2025: 4.0%▼ -1.6% vs 04-2025
06-2025: 3.8%▼ -5.0% vs 05-2025
07-2025: 3.7%▼ -1.0% vs 06-2025lowest value
08-2025: 4.5%▲ +20.4% vs 07-2025
09-2025: 4.7%▲ +4.2% vs 08-2025
10-2025: 6.3%▲ +35.2% vs 09-2025
11-2025: 5.4%▼ -14.2% vs 10-2025
12-2025: 6.9%▲ +27.7% vs 11-2025
01-2026: 9.7%▲ +39.6% vs 12-2025
02-2026: 9.7%▼ -0.1% vs 01-2026
03-2026: 10.0%▲ +3.1% vs 02-2026
04-2026: 9.3%▼ -7.0% vs 03-2026
05-2026: 7.1%▼ -23.1% vs 04-2026
06-2026: 6.8%▼ -4.3% vs 05-2026
07-2026: 6.6%▼ -2.5% vs 06-2026
08-2026: 6.8%▲ +2.7% vs 07-2026
09-2026: 7.2%▲ +5.5% vs 08-2026
10-2026: 9.0%▲ +25.3% vs 09-2026
- 1 financial year not filed after the legal deadline; latest accounts 257 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 16-04-2026) raises the probability
- Liquidity: current ratio 0.28, cash €63, halved raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
No credit on open account
Liquidity short (current ratio 0.28 against 0.28 in 2023; short-term debt: 285.8% and cash: 0.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 3%, liquidity 2%, profitability 70%, growth against the median 47%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 36364 sector peers (2024).
NBB · sector comparisonPosition among 36364 sector peers
Solvency
better than 5%
← weakest
strongest →
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 14-04-2026, 257 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
257 d late
2023
153 d late
2022
153 d late
2021
153 d late
2020
31 d late
2019
91 d late
← 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 140 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €3,707
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2018
- 14-04-2026Annual accounts filed
- 31-12-2024Back to profit
- 31-12-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Joinery installationNACE 43320
- Founded
- 29-06-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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