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Qualis Construct

Open bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0713.565.256
Summary

A bankruptcy procedure is open for Qualis Construct according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (-€18,846) and a net result of -€49,207.

Qualis ConstructOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Tongeren division
Declared bankrupt
14 February 2023
Supervising judge
Patrick Poncelet
Official Gazette
20-02-2023 (pdf) ↗search the document for 2023/106530

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 15 November 2018, Qualis Construct was incorporated.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2020.2 The company was declared bankrupt on 14 February 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020
  3. 3Belgian State Gazette, 20-02-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
-€18,846
2019 · €30,361
Total assets
€70,482▼ 45.6%
2019 · €129,588
Net result
-€49,207
2019 · €24,161
Working capital
-€19,263
2019 · €39,943
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result€33,667--€34,142
Net result€24,161--€49,207
Equity€30,361--€18,846
Total assets€129,588-€70,482▼ 45.6%
Debt€99,227-€89,328▼ 10.0%
Working capital€39,943--€19,263
Staff (FTE)6.7-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000Operating result 2019: €33,667€33,667Net result 2019: €24,161€24,161Operating result 2020: -€34,142-€34,142Net result 2020: -€49,207-€49,20720192020-€50,000-€25,000€0€25,000Operating result 2019: €33,667€33,700Net result 2019: €24,161€24,200Operating result 2020: -€34,142-€34,100Net result 2020: -€49,207-€49,20020192020
The operating result turns negative in 2020: a loss of €34,142 after €33,667 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €70,482
Fixed assets €417 ▼ 54.5%
Current assets €70,065 ▼ 45.5%
Key figures and ratios
2020 value · change against 2019
EBITDA
-€33,642▼
2019 · €34,251
Cash flow
-€48,706▼
2019 · €24,745
Solvency
-26.7%▼
2019 · 23.4%
Current ratio
0.78▼
2019 · 1.45
ROA
-69.8%▼
2019 · 18.6%
Debt ≤ 1 year
€89,328▲
2019 · €88,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€129,588€70,482▼
Fixed assets21/28€918€417▼
Tangible fixed assets22/27€918€417▼
Current assets29/58€128,670€70,065▼
Amounts receivable within one year40/41€123,295€69,144▼
Cash at bank and in hand54/58€103€921▲
Equity and liabilities
Total equity and liabilities10/49€129,588€70,482▼
Equity10/15€30,361-€18,846▼
Contributions10/11€6,200€6,200=
Reserves13€24,161-
Profit (loss) carried forward14--€25,046
Amounts payable17/49€99,227€89,328▼
Amounts payable within one year42/48€88,727€89,328▲
Trade debts44€21,851€17,031▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€584€501▼
Gross operating margin9900€154,449€17,309▼
Operating profit (loss)9901€33,667-€34,142▼
Recurring financial charges65€3,314€15,065▲
Profit (loss) for the period before taxes9903€30,353-€49,207▼
Income taxes67/77€6,192-
Profit (loss) for the period9904€24,161-€49,207▼
Profit (loss) for the period to be appropriated9905€24,161-€49,207▼
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€584€501▼ 14.3%
Gross operating margin9900€154,449€17,309▼ 88.8%
Operating profit (loss)9901€33,667-€34,142▼ 201%
Recurring financial charges65€3,314€15,065▲ 355%
Profit (loss) for the period before taxes9903€30,353-€49,207▼ 262%
Income taxes67/77€6,192--
Profit (loss) for the period9904€24,161-€49,207▼ 304%
Profit (loss) for the period to be appropriated9905€24,161-€49,207▼ 304%
Line20192020Change
Assets
Total assets20/58€129,588€70,482▼ 45.6%
Fixed assets21/28€918€417▼ 54.5%
Tangible fixed assets22/27€918€417▼ 54.5%
Current assets29/58€128,670€70,065▼ 45.5%
Amounts receivable within one year40/41€123,295€69,144▼ 43.9%
Cash at bank and in hand54/58€103€921▲ 794%
Equity and liabilities
Total equity and liabilities10/49€129,588€70,482▼ 45.6%
Equity10/15€30,361-€18,846▼ 162%
Contributions10/11€6,200€6,200=
Reserves13€24,161--
Profit (loss) carried forward14--€25,046-
Amounts payable17/49€99,227€89,328▼ 10.0%
Amounts payable within one year42/48€88,727€89,328▲ 0.7%
Trade debts44€21,851€17,031▼ 22.1%
Line20192020Change
Profit (loss) for the period9904€24,161-€49,207▼ 304%
+ Depreciation and write-downs630€584€501▼ 14.3%
Operating cash flow (approximation)€24,745-€48,706▼ 297%
Investment in fixed assets (approximation)-€0-
Change in cash-€818-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
20-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 14-02-2023
2021
19-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Genk · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
787 m²
Building footprint
242 m²
Volume, LiDAR
1,999 m³
Parcel 71303B1146/00T002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Qualis Construct
Wholesale of construction materials, general range
since 20182.281.949.348
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71303B1146/00T002 Flanders 787 m² 1 · 242 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator CECILE NOELMANS
MOERENSTRAAT 33, 3700 TONGEREN
14-02-2023 → present
Curator CATHERINE NOEL- MANS
MOERENSTRAAT 33, 3700 TONGEREN-
14-02-2023 → present

Recognitions · licences · registrations

Dual-learning approval

3 ended
Monteur centrale verwarming (so)
ended · 2020 to 2025
Monteur sanitaire en verwarmingsinstallaties duaal (so)
ended · 2020 to 2025
Sanitair installateur (so)
ended · 2020 to 2025

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,811 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded15-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43331Floor and wall tiling
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.