Dental Quality
ActiveSummary
Dental Quality has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €469k and a net result of €317k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 161 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-13
Solvency41▼-39
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.25; short-term debt: 42.9% and cash: 7.5% of total assets), but 84.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 32
Relative position
BE, all sectors
reference
Sector 32
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 161 sector peers (2024).
NBB · sector comparisonPosition among 161 sector peers
Solvency
better than 20%
← weakest
strongest →
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
6 d early
2024
15 d early
2023
on the day
2022
on the day
2021
20 d early
2020
53 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€317k▼ 52.8%
2024 · €672k
2019: €221k
2020: €353k
2021: €378k
2022: €529k
2023: €460k
2024: €672k
2019 → 2024
Working capital
€1.60M▼ 22.2%
2024 · €2.05M
2019: €918k
2020: €1.11M
2021: €1.59M
2022: €1.81M
2023: €863k
2024: €2.05M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242024Trend
Equity€1.32M-€1.43M▲ 8.7%€1.39M▼ 2.8%€1.74M▲ 25.3%€469k▼ 73.0%
Operating result€527k-€735k▲ 39.5%€624k▼ 15.1%€656k▲ 5.1%€452k▼ 31.1%
Net result€378k-€529k▲ 39.9%€460k▼ 13.0%€672k▲ 46.0%€317k▼ 52.8%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €2.97M
Fixed assets
€101k ▼ 82.2%
Current assets
€2.87M ▲ 10.2%
Equity and liabilities €2.97M
Equity
€469k ▼ 73.0%
Provisions
€5k =
Debt
€2.50M ▲ 75.0%
Debt's share of the balance-sheet total rises from 45.0% to 84.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€469k▼
2024 · €724k
Cash flow
€335k▼
2024 · €740k
Current ratio
2.25▼
2024 · 4.71
Quick ratio
0.83▼
2024 · 2.08
Debt to equity
5.33▲
2024 · 0.82
ROE
67.6%▲
2024 · 38.6%
ROA
10.7%▼
2024 · 21.2%
Interest coverage
33.34▼
2024 · 91.16
Debt ≤ 1 year
€1.28M▲
2024 · €553k
Debt > 1 year
€1.22M▲
2024 · €872k
Income taxes
€114k▼
2024 · €171k
Staff costs
€240k▼
2024 · €538k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2024 · 62 lines
Balance sheet
Code20242024
Assets
Total assets20/58€3.18M€2.97M▼
Fixed assets21/28€569k€101k▼
Intangible fixed assets21€12k€10k▼
Tangible fixed assets22/27€77k€91k▲
Plant, machinery and equipment23€40k€30k▼
Furniture and vehicles24€16k€42k▲
Other tangible fixed assets26€20k€19k▼
Financial fixed assets28€480k€0▼
Current assets29/58€2.61M€2.87M▲
Stocks and contracts in progress3€1.45M€1.81M▲
Stocks30/36€1.45M€1.81M▲
Amounts receivable within one year40/41€934k€831k▼
Trade receivables40€501k€811k▲
Other amounts receivable41€432k€20k▼
Cash at bank and in hand54/58€200k€222k▲
Deferred charges and accrued income490/1€19k€7k▼
Equity and liabilities
Total equity and liabilities10/49€3.18M€2.97M▼
Equity10/15€1.74M€469k▼
Contributions10/11€90k€90k=
Reserves13€37k€37k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€1.61M€342k▼
Provisions and deferred taxes16€5k€5k=
Provisions for liabilities and charges160/5€5k€5k=
Other liabilities and charges164/5€5k€5k=
Amounts payable17/49€1.43M€2.50M▲
Amounts payable after more than one year17€872k€1.22M▲
Financial debts170/4€468k€425k▼
Advances received on contracts in progress176€404k€791k▲
Amounts payable within one year42/48€553k€1.28M▲
Current portion of amounts payable after more than one year42€84k€85k▲
Trade debts44€193k€912k▲
Suppliers440/4€193k€912k▲
Taxes, remuneration and social security45€217k€280k▲
Taxes450/3€109k€229k▲
Remuneration and social security454/9€108k€52k▼
Other amounts payable47/48€60k€0▼
Accrued charges and deferred income492/3€4k€7k▲
Income statement
Code20242024
Non-recurring operating income76A€26k€0▼
Remuneration, social security and pensions62€538k€240k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€351
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A-€4k
Gross operating margin9900€1.27M€717k▼
Operating profit (loss)9901€656k€452k▼
Financial income75/76B€195k€313▼
Recurring financial income75€195k€313▼
Financial charges65/66B€8k€21k▲
Recurring financial charges65€8k€14k▲
Non-recurring financial charges66B-€7k
Profit (loss) for the period before taxes9903€843k€431k▼
Income taxes67/77€171k€114k▼
Profit (loss) for the period9904€672k€317k▼
Profit (loss) for the period to be appropriated9905€672k€317k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.61M€1.93M▲
Profit (loss) brought forward from the previous period14P€942k€1.61M▲
Profit to be distributed694/7€0€1.59M▲
Return on contributions (dividend)694€0€1.59M▲
Social balance
Average headcount (FTE)908710.310.5▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2019net €672k ▲46%
Net result €672k, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 4.71
Current ratio from 1.62 to 4.71; short-term debt falls from €1.38M to €553k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Equity above €1MEq €1.32M ▲40.4%
3 profitable years in a row build equity to €1.32M.
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Seneffe · 1 establishment unit since 2008
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.
Parc Industriel Paysager de Tyberchamps 277180 SeneffeGround area
4,268 m²
Building footprint
869 m²
Volume, LiDAR
3,355 m³
Parcel 52063A0930/00R000, Wallonia · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Dental Quality
since 20082.169.340.365
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063A0930/00R000 | Wallonia | 4,268 m² | 1 · 869 m² | 5.0 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.
Similar companies · same sector, comparable size
ORTHOPEDIE KESTELYN
BE 0633.934.491
Oudenaarde · Eq €466k
SL. LAB Design
BE 0695.486.337
Genappe · Eq €474k
Ortho-Atelier
BE 0765.745.417
Beveren-Kruibeke-Zwijndrecht · Eq €465k
Rogier DE CLERCQ
BE 0426.721.311
Aalst · Eq €475k
DESO OPTICS
BE 0877.657.879
Kortrijk · Eq €463k
Of 1,249 companies in sector 32500 we hold annual accounts for 694. 499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2008
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.