SUB QUERCUS
ActiveSUB QUERCUS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148k and a net result of €40k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 25.71 against 13.84 in 2023), and 3.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
26 d early
2022
26 d early
2021
13 d early
2020
22 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€148k▲ 33.4%
2023 · €111k
2018: €35k
2019: €36k
2020: €43k
2021: €54k
2022: €73k
2023: €111k
2018 → 2024
Total assets
€154k▲ 28.8%
2023 · €120k
2018: €40k
2019: €40k
2020: €48k
2021: €58k
2022: €78k
2023: €120k
2018 → 2024
Net result
€40k▼ 3.3%
2023 · €41k
2018: €3k
2019: €2k
2020: €7k
2021: €12k
2022: €18k
2023: €41k
2018 → 2024
Working capital
€148k▲ 34.3%
2023 · €110k
2018: €16k
2019: €23k
2020: €34k
2021: €51k
2022: €71k
2023: €110k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€43k-€54k▲ 26.8%€73k▲ 33.6%€111k▲ 52.6%€148k▲ 33.4%
Operating result€10k-€17k▲ 67.4%€26k▲ 55.6%€58k▲ 119%€56k▼ 3.2%
Net result€7k-€12k▲ 73.4%€18k▲ 59.1%€41k▲ 125%€40k▼ 3.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154k
Fixed assets
€439▼ 60.9%
Current assets
€154k▲ 29.7%
Equity and liabilities €154k
Equity
€148k▲ 33.4%
Debt
€6k▼ 30.2%
The debt ratio falls from 7.2% to 3.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€56k▼
2023 · €58k
Cash flow
€41k▼
2023 · €42k
Solvency
96.1%▲
2023 · 92.8%
Current ratio
25.71▲
2023 · 13.84
Quick ratio
22.16▲
2023 · 11.75
Debt / equity
0.04▼
2023 · 0.08
ROE
27.0%▼
2023 · 37.2%
ROA
25.9%▼
2023 · 34.5%
Interest coverage
169.96▼
2023 · 175.44
Debt
€6k▼
2023 · €9k
Debt ≤ 1 year
€6k▼
2023 · €9k
Income taxes
€15k▼
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€120k€154k▲
Fixed assets21/28€1k€439▼
Tangible fixed assets22/27€1k€439▼
Plant, machinery and equipment23€61€0▼
Other tangible fixed assets26€1k€439▼
Current assets29/58€118k€154k▲
Stocks and contracts in progress3€18k€21k▲
Stocks30/36€18k€21k▲
Amounts receivable within one year40/41€0€2k▲
Other amounts receivable41€0€2k▲
Current investments50/53-€56k
Cash at bank and in hand54/58€82k€60k▼
Deferred charges and accrued income490/1€19k€14k▼
Equity and liabilities
Total equity and liabilities10/49€120k€154k▲
Equity10/15€111k€148k▲
Contributions10/11€12k€12k=
Reserves13€99k€136k▲
Distributable reserves133€99k€136k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€9k€6k▼
Trade debts44€557€1k▲
Suppliers440/4€557€1k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Other amounts payable47/48€127€171▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€727€685▼
Other operating charges640/8€702€1k▲
Gross operating margin9900€59k€58k▼
Operating profit (loss)9901€58k€56k▼
Financial charges65/66B€332€332▼
Recurring financial charges65€332€332▼
Profit (loss) for the period before taxes9903€57k€55k▼
Income taxes67/77€16k€15k▼
Profit (loss) for the period9904€41k€40k▼
Profit (loss) for the period to be appropriated9905€41k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€40k▼
Transfer from equity791/2€3k€3k▼
Transfer to equity691/2€41k€40k▼
To other reserves6921€41k€40k▼
Profit to be distributed694/7€3k€3k▼
Return on contributions (dividend)694€3k€3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €41k ▲125%
Operating result €58k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲52.6%
6 profitable years in a row build equity to €111k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €2k ▼41.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Heist-op-den-Berg · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hollestraat 212220 Heist-op-den-BergGround area
1,592 m²
Building footprint
324 m²
Volume, LiDAR
1,360 m³
Parcel 12011B0268/00W000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Sub Quercus
since 20122.207.048.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12011B0268/00W000 | Flanders | 1,592 m² | 1 · 324 m² | 8.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeist-op-den-Berg2.207.048.720
Similar companies · same sector, comparable size
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FootPrints
BE 0734.400.559
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KEYMARKS
BE 0820.914.958
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Oximo
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Of 2,752 companies in sector 69109 we hold annual accounts for 1,205. 928 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2012
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.