Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Qvella Corporation Belgium from Mechelen, company number BE0742829760, closed financial year 2022 with a result of € -2.1 million after tax. For that financial year Qvella Corporation Belgium recorded a gross margin of € -1.1 million and equity of € -3.9 million. Compared with financial year 2021, the result moved from € -843,244 to € -2.1 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2023.
€ -3.9 million
▼ € 2.1 million vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.1 million
▼ 153 % more loss than in 2021
Profit after tax over the fiscal year.
€ 145,895
▲ 54% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
People and assets in 2022
5.4
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 175% vs 2021
€ 190,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 87,443
▲ 53% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 873,675
▲ € 822,346 vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 68,447
▲ 110% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -452,623 | € -1,071,081 | ▼ € 618,457 |
| Profit after taxes | € -843,244 | € -2,129,760 | ▼ € 1.3 million |
| Equity | € -1,773,898 | € -3,903,610 | ▼ € 2.1 million |
| Total debts | € 1,970,617 | € 5,062,623 | ▲ 157% |
| Cash | € 94,867 | € 145,895 | ▲ 54% |
| Retained profit | € -1,773,998 | € -3,903,710 | ▼ € 2.1 million |
| Bank debt | € 1,572 | € 0 | ▼ 100% |
| Balance sheet total | € 196,719 | € 1,159,012 | ▲ € 962,293 |
| Employees (FTE) | - | 5.4 |
Key figures of Qvella Corporation Belgium, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Qvella Corporation Belgium?
What happened at Qvella Corporation Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Qvella Corporation Belgium is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 2.1 million. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 843,244 loss in 2021 to € 2.1 million loss in 2022.
Paid € 2,057 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Qvella Corporation Belgium is Qvella Corporation Canada.
Directors
According to the 2022 annual accounts
Qvella Corporation Canada
Director · represented by Ali Tino Alavie
Establishments
Establishment units
Physical locations of this company
Generaal De Wittelaan 17C
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.829.760
- VAT number
- BE 0742.829.760
- Registered office
- Generaal De Wittelaan 17C, 2800 Mechelen
- Names & denominations
- Qvella Corporation Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 February 2020
- Peppol
- Not registered
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