QWorld Association

Registry code 80588591 · Active (R Registrisse kantud)

QWorld Association is a mittetulundusühing registered in Tallinn, Estonia, incorporated on 19 Nov 2020. Its registered activity is muu mujal liigitamata õpe. Its latest published accounts for the period ending 31 Dec 2025 show total assets of €68k, turnover of €104k, a result of €24k. It has filed 6 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 33 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover growth1.8×≥ 1.31618 · 0.08 % became insolvent
Turnover (log)1.4×4.77944–5.4665 · 0.06 % became insolvent
Cash ÷ assets1.3×0.0665793–0.37634 · 0.05 % became insolvent
Region1.3×Harju · 0.05 % became insolvent
Filing delay of last accounts (days)1.2×181–229 · 0.05 % became insolvent
Has filed accounts1.2×1 · 0.05 % became insolvent

Lowers the risk

Industry0.1×85 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
Legal form0.1×Mittetulundusühing · 0.01 % became insolvent
Accounts filed0.3×6–7 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 0.01 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
80588591 · official register
Status
R Registrisse kantud
Legal form
Mittetulundusühing
Incorporated
19 Nov 2020 (6 years)
Registered address
10115 Tallinn
County
Harju County
Activity
85599 Muu mujal liigitamata õpe
Industry
Education
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202530 Jun 2026€104k €24k–€68k €0€15k0
31 Dec 202426 Jun 2025€31k €36k–€42k €0€42k0
31 Dec 20235 Mar 2024€16k €703–€4,716 €0€4,7160
31 Dec 202228 Jun 2023€14k −€2,228–€4,013 €0€4,0130
31 Dec 202130 Jun 2022€21k €4,580–€6,241 €0€6,2410
31 Dec 202010 May 2021€1,661 €1,661–€1,661 €0€1,6610

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Harju County

Questions about QWorld Association

What is the registry code of QWorld Association?

QWorld Association is registered under registry code 80588591 in the official register of Estonia. View it at the official register.

Is QWorld Association still active?

Yes. QWorld Association is registered as active (status: R Registrisse kantud).

Has QWorld Association gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for QWorld Association in the official data.

How likely is QWorld Association to become insolvent?

Our model estimates a 0.00 % probability that QWorld Association becomes insolvent within the next 12 months (low risk). That is higher than 33 % of active companies in Estonia.

When was QWorld Association founded?

QWorld Association was incorporated on 19 Nov 2020.

Where is QWorld Association registered?

QWorld Association's registered address is in 10115 Tallinn (Harju County), Estonia.

What do the latest accounts of QWorld Association show?

The latest published accounts (period ending 31 Dec 2025) show total assets of €68k, turnover of €104k, a result of €24k, 0 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.