QUALITASS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €604k and a net result of €158k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 1423 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
49 d early
2022
54 d early
2021
52 d early
2020
47 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€604k▲ 35.3%
2023 · €447k
2018: €158k
2019: €199k
2020: €244k
2021: €294k
2022: €330k
2023: €447k
2018 → 2024
Net result
€158k▲ 35.3%
2023 · €116k
2018: €47k
2019: €92k
2020: €55k
2021: €50k
2022: €36k
2023: €116k
2018 → 2024
Total assets
€968k▼ 12.0%
2023 · €1.10M
2018: €884k
2019: €1.09M
2020: €1.02M
2021: €991k
2022: €998k
2023: €1.10M
2018 → 2024
Solvency
62.4%▲ 21.8pp
2023 · 40.6%
2018: 17.8%
2019: 18.4%
2020: 24.1%
2021: 29.6%
2022: 33.1%
2023: 40.6%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€244k-€294k▲ 20.3%€330k▲ 12.3%€447k▲ 35.3%€604k▲ 35.3%
Operating result€77k-€76k▼ 1.8%€61k▼ 19.7%€160k▲ 163%€221k▲ 38.6%
Net result€55k-€50k▼ 10.6%€36k▼ 26.7%€116k▲ 221%€158k▲ 35.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 39% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €968k
Fixed assets
€131k▲ 137%
Current assets
€837k▼ 19.9%
Equity and liabilities €968k
Equity
€604k▲ 35.3%
Debt
€364k▼ 44.3%
The debt ratio falls from 59.4% to 37.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
62.4%▲
2023 · 40.6%
ROE
26.1%=
2023 · 26.1%
ROA
16.3%▲
2023 · 10.6%
Debt
€364k▼
2023 · €654k
Debt ≤ 1 year
€321k▼
2023 · €561k
Income taxes
€69k▲
2023 · €54k
Staff costs
€1.14M▲
2023 · €1.00M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.10M€968k▼
Fixed assets21/28€55k€131k▲
Tangible fixed assets22/27€55k€131k▲
Furniture and vehicles24€45k€115k▲
Other tangible fixed assets26€10k€16k▲
Current assets29/58€1.05M€837k▼
Amounts receivable within one year40/41€115k€138k▲
Trade receivables40€115k€138k▲
Cash at bank and in hand54/58€931k€699k▼
Equity and liabilities
Total equity and liabilities10/49€1.10M€968k▼
Equity10/15€447k€604k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€10k€10k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€3k€3k=
Profit (loss) carried forward14€375k€532k▲
Amounts payable17/49€654k€364k▼
Amounts payable within one year42/48€561k€321k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€398k€177k▼
Suppliers440/4€398k€177k▼
Taxes, remuneration and social security45€163k€144k▼
Taxes450/3€33k€17k▼
Remuneration and social security454/9€130k€127k▼
Accrued charges and deferred income492/3€93k€43k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1.00M€1.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€28k▼
Other operating charges640/8€12k€7k▼
Non-recurring operating charges66A€1k€4k▲
Gross operating margin9900€1.22M€1.40M▲
Operating profit (loss)9901€160k€221k▲
Financial income75/76B€14k€8k▼
Recurring financial income75€14k€8k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€171k€227k▲
Income taxes67/77€54k€69k▲
Profit (loss) for the period9904€116k€158k▲
Profit (loss) for the period to be appropriated9905€116k€158k▲
Appropriation of the result
Profit (loss) to be appropriated9906€375k€532k▲
Profit (loss) brought forward from the previous period14P€258k€375k▲
Social balance
Average headcount (FTE)908711.212.1▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €158k ▲35.3%
Operating result €221k, net result €158k, both a record.
31-12
Financial
Equity above €500kEq €604k ▲35.3%
7 profitable years in a row build equity to €604k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €36k ▼26.7%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €244k ▲22.5%
3 profitable years in a row build equity to €244k.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-02-2026
Michel Vanhaeren: Resigned as Managing director
12-05-2022
Astrid Leemans: Resigned as Director
12-05-2022
Bernard Croisier: Resigned as Director
12-05-2022
Erik Bruneel: Resigned as Director
14-07-2021
Astrid Leemans: Resigned as Director
14-07-2021
Erik Bruneel: Resigned as Director
14-07-2021
Frédéric MELLE: Resigned as Director
14-07-2021
Guy Gobin: Resigned as Director
28-05-2021
Guy Gobin: Resigned as Managing director
01-07-2020
Pieter Falepin: Resigned as Director
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 1988
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.
Vilvoordsesteenweg 1661850 GrimbergenGround area
512 m²
Building footprint
114 m²
Volume, LiDAR
909 m³
Parcel 23402E0402/00R021, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
QUALITASS
since 19882.039.143.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0402/00R021 | Flanders | 512 m² | 1 · 114 m² | 10.8 m · 3 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.
Statutory auditor
1 auditor| Deloitte bedrijfsrevisoren CVBA Statutory auditor · represented by Franky Wevers | - → 09-07-2020 |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 8,914 EUR awarded · 8,914 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,626 EUR | 2,626 EUR |
| 2024 | 1 | 1,687 EUR | 1,687 EUR |
| 2023 | 1 | 2,215 EUR | 2,215 EUR |
| 2022 | 1 | 2,386 EUR | 2,386 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 4,687 companies in sector 66220 we hold annual accounts for 3,231. 2,501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-12-1986
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
67201
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@mygo.be
Phone:02/251.06.21
Fax:02/252.41.67