XQTING
ActiveXQTING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600k and a net result of €117k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-15
Solvency86▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 3.11 in 2024; short-term debt: 27.6% and cash: 36.8% of total assets), and 39.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2025Solvency, return and age of the figures
Solvency
60.8%
Return on assets
11.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
71 d early
2024
83 d early
2023
71 d early
2022
59 d early
2021
60 d early
2020
50 d early
2019
64 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€600k▲ 23.0%
2024 · €488k
2018: €68k
2019: €110k
2020: €181k
2021: €240k
2022: €286k
2023: €283k
2024: €488k
2018 → 2025
Total assets
€987k▲ 14.5%
2024 · €863k
2018: €130k
2019: €268k
2020: €403k
2021: €609k
2022: €615k
2023: €627k
2024: €863k
2018 → 2025
Net result
€117k▼ 44.3%
2024 · €210k
2018: €8k
2019: €45k
2020: €77k
2021: €104k
2022: €52k
2023: €-3k
2024: €210k
2018 → 2025
Working capital
€645k▲ 21.8%
2024 · €530k
2018: €64k
2019: €103k
2020: €176k
2021: €263k
2022: €303k
2023: €372k
2024: €530k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€240k-€286k▲ 19.4%€283k▼ 1.1%€488k▲ 72.4%€600k▲ 23.0%
Operating result€125k-€79k▼ 36.6%€6k▼ 92.8%€285k▲ 4,936%€153k▼ 46.4%
Net result€104k-€52k▼ 50.0%€-3k€210k€117k▼ 44.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €987k
Fixed assets
€70k▼ 14.6%
Current assets
€918k▲ 17.5%
Equity and liabilities €987k
Equity
€600k▲ 23.0%
Debt
€387k▲ 3.3%
The debt ratio falls from 43.4% to 39.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€197k▼
2024 · €313k
Cash flow
€161k▼
2024 · €238k
Solvency
60.8%▲
2024 · 56.6%
Current ratio
3.37▲
2024 · 3.11
Quick ratio
3.37▲
2024 · 3.11
Debt / equity
0.64▼
2024 · 0.77
ROE
19.5%▼
2024 · 43.1%
ROA
11.9%▼
2024 · 24.4%
Interest coverage
66.26▼
2024 · 85.51
Debt
€387k▲
2024 · €375k
Debt ≤ 1 year
€272k▲
2024 · €251k
Debt > 1 year
€35k▼
2024 · €38k
Income taxes
€49k▼
2024 · €71k
Staff costs
€427k▼
2024 · €487k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€863k€987k▲
Formation expenses20€0€0=
Fixed assets21/28€81k€70k▼
Tangible fixed assets22/27€81k€70k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€6k€1k▼
Leasing and similar rights25€64k€58k▼
Current assets29/58€781k€918k▲
Amounts receivable within one year40/41€262k€228k▼
Trade receivables40€135k€194k▲
Other amounts receivable41€127k€34k▼
Current investments50/53-€300k
Cash at bank and in hand54/58€496k€363k▼
Deferred charges and accrued income490/1€22k€27k▲
Equity and liabilities
Total equity and liabilities10/49€863k€987k▲
Equity10/15€488k€600k▲
Contributions10/11€60k€60k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€420k€532k▲
Amounts payable17/49€375k€387k▲
Amounts payable after more than one year17€38k€35k▼
Financial debts170/4€38k€35k▼
Amounts payable within one year42/48€251k€272k▲
Current portion of amounts payable after more than one year42€21k€26k▲
Trade debts44€152k€158k▲
Suppliers440/4€152k€158k▲
Taxes, remuneration and social security45€73k€83k▲
Taxes450/3€16k€17k▲
Remuneration and social security454/9€57k€66k▲
Other amounts payable47/48€6k€5k▼
Accrued charges and deferred income492/3€85k€80k▼
Income statement
Code20242025
Remuneration, social security and pensions62€487k€427k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€44k▲
Other operating charges640/8€6k€6k▼
Non-recurring operating charges66A€22k-
Gross operating margin9900€828k€629k▼
Operating profit (loss)9901€285k€153k▼
Financial income75/76B€3€16k▲
Recurring financial income75€3€16k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€282k€166k▼
Income taxes67/77€71k€49k▼
Profit (loss) for the period9904€210k€117k▼
Profit (loss) for the period to be appropriated9905€210k€117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€426k€537k▲
Profit (loss) brought forward from the previous period14P€215k€420k▲
Profit to be distributed694/7€6k€5k▼
Employees696€6k€5k▼
Social balance
Average headcount (FTE)90876.8-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €600k ▲23%
2 profitable years in a row build equity to €600k.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €210k
Net result €210k after one loss-making year.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-3k ▼106%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €240k ▲32.1%
4 profitable years in a row build equity to €240k.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €181k ▲65.5%
3 profitable years in a row build equity to €181k.
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €110k ▲61.7%
2 profitable years in a row build equity to €110k.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2018
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.
Buchtenstraat 79051 GentGround area
1.4 ha
Building footprint
4,559 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
XQTING
since 20182.278.997.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0079/00D000 | Flanders | 1.2 ha | 1 · 4,420 m² | - |
| 41008B0055/00A003 | Flanders | 1,735 m² | 1 · 139 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,010 EUR awarded · 2,010 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,010 EUR | 2,010 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 11,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2018
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.