Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Q1 from Maaseik, company number BE0771676570, closed financial year 2025 with a result of € 66,974 after tax. For that financial year Q1 recorded a gross margin of € 425,376 and equity of € 303,792. Compared with financial year 2024, the result moved from € 127,714 to € 66,974. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 303,792
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,974
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 91,289
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 301,292.
People and assets in 2025
3.7
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 187,985
▲ 86% vs 2024
€ 50,800 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.
€ 477,523
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 466,263
▼ 12% vs 2024
€ 99,684 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 224,899
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,805
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 275,508 | € 481,178 | € 425,376 | ▼ 12% |
| Profit after taxes | € 106,604 | € 127,714 | € 66,974 | ▼ 48% |
| Equity | € 109,104 | € 236,818 | € 303,792 | ▲ 28% |
| Total debts | € 1,383,343 | € 1,263,670 | € 923,816 | ▼ 27% |
| Cash | € 9,065 | € 56,110 | € 91,289 | ▲ 63% |
| Retained profit | € 106,604 | € 234,318 | € 301,292 | ▲ 29% |
| Bank debt | € 420,763 | € 530,730 | € 466,263 | ▼ 12% |
| Balance sheet total | € 1,492,447 | € 1,500,488 | € 1,227,608 | ▼ 18% |
| Employees (FTE) | - | 2.4 | 3.7 | ▲ 1.3 |
Key figures of Q1, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Q1?
What happened at Q1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,974 (▼ 48% vs 2024). Source: NBB ↗
- Marielle Wirix became a director. NBB
- New establishment in Maaseik. KBO
- Edgar Terium became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 106,604 profit in 2023 to € 66,974 profit in 2025.
Paid € 53,925 in corporate taxes since 2023.
Best year ever: 2024, with € 127,714 profit.
On average € 115,000 of value added per employee in 2025.
A new publication or filing at Q1? We notify you, reason included.
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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 Q1 are Edgar Terium and Marielle Wirix.
Directors
According to the 2025 annual accounts
Edgar Terium
Director
since 2021
Marielle Wirix
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Driebekenweg 1359
3680 Maaseik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
q1-trackracing.com
Registered
2021-01-21
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2027-01-21
Website info
Features
Security
Details
- Company number
- 0771.676.570
- VAT number
- BE 0771.676.570
- Registered office
- Driebekenweg 1359, 3680 Maaseik
- Names & denominations
- Q1
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2021
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- q1-trackracing.com
- Activities · NACE
Exploitatie van sportaccommodaties
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van overige sportclubs
Overige technische testen en toetsen
Overige sportactiviteiten, neg