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Quality

Active
Private limited companyfounded 2021active for 5 yearsVenusstraat 54, 2520 Ranst, BelgiumKBO/BCE: BE 0775.490.353
Summary

The computed 12-month bankruptcy probability of Quality is 15.9% (high). For Quality, at least two annual filings are missing. The 2023 annual accounts show equity of €42,883 and a net result of €34,226. Its solvency ranks better than 49% of 1,896 sector peers (NACE 10, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-10-2021 Normal situation
Activity
Manufacture of food products NACE 10111
Establishment unit
2.322.684.103 2520 Ranst, since 08-10-2021
Financial year end
31 December
Peppol
Reachable since 03-02-2026

Financial position

Bankruptcy probabilitywithin 12 months
15.9%
2023 figures too old to score
Annual accounts 2023
Turnover
€323,530
▲ 12.5%
Profit
€34,226
▲ 65.7%
Equity
€42,883
▲ 39.9%
Total assets
€158,249
▲ 161%
Staff
≈ 3.7 FTE
estimated
  • 2024 accounts not filed, 458 days past the deadline
Filed on 30-09-2024
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts lateFigures for financial year 2023 (filed on 02-10-2024)1 change of registered office in 24 monthsSize: turnover €323,530, total assets €158,249Two or more financial years not filed2023 accounts filed 61 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Strong
Solvency 52-24
equity 27.1% of total assets
Liquidity 32-18
short-term debt 72.9% · cash 17.0%
Profitability 97+9
return on assets 21.6%
Bankruptcy probability within 12 months
15.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 4.7%lowest value 01-2025: 4.8%▲ +0.1 percentage points vs 12-2024 02-2025: 4.8%● unchanged vs 01-2025 03-2025: 5.0%▲ +0.2 percentage points vs 02-2025 04-2025: 7.1%▲ +2.1 percentage points vs 03-2025 05-2025: 7.6%▲ +0.5 percentage points vs 04-2025 06-2025: 6.9%▼ -0.7 percentage points vs 05-2025 07-2025: 6.9%● unchanged vs 06-2025 08-2025: 8.3%▲ +1.4 percentage points vs 07-2025 09-2025: 8.3%● unchanged vs 08-2025 10-2025: 10.5%▲ +2.2 percentage points vs 09-2025 11-2025: 10.5%● unchanged vs 10-2025 12-2025: 11.2%▲ +0.7 percentage points vs 11-2025 01-2026: 13.3%▲ +2.1 percentage points vs 12-2025 02-2026: 13.3%● unchanged vs 01-2026 03-2026: 13.6%▲ +0.3 percentage points vs 02-2026 04-2026: 12.7%▼ -0.9 percentage points vs 03-2026 05-2026: 12.7%● unchanged vs 04-2026 06-2026: 12.6%▼ -0.1 percentage points vs 05-2026 07-2026: 12.6%● unchanged vs 06-2026 08-2026: 15.1%▲ +2.5 percentage points vs 07-2026 09-2026: 15.2%▲ +0.1 percentage points vs 08-2026 10-2026: 15.9%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 15.9%● unchanged vs 10-2026highest value
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Signals

Six signals.
raises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2023 (filed on 02-10-2024)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: turnover €323,530, total assets €158,249
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline01-11-2026 today
raises risk · 2023 accounts filed 61 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
61 days late
2022
37 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 49 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 84% of companies in food productssector median €75,609 · 1,897 companies €234,851 View

Comparable companies

These companies have the same main activity as Quality: manufacture of food products (NACE 10111). They are comparable in size and age: total assets between €118,000 and €233,000, founded between 2019 and 2024.

CompanyTotal assetsGross margin
Quality Ranst€158,249€234,851
Wapicowp Brunehaut€199,396€179,884
RD COMPANY Zaventem€211,793€174,597
AMILHOU SUD Schaarbeek€233,227€198,389
METAMOT Gent€207,848€276,246
BOUCHERIE BOUCHAT Hannut€117,684€148,378
Boucherie Berger Wavre€153,478€215,980
Full comparison

Key facts about Quality

What is the company number of Quality?
The company number of Quality is 0775.490.353. The VAT number is the same number with BE in front: BE 0775.490.353.
Where is Quality based?
The registered office is at Venusstraat 54, 2520 Ranst.Company details
What does Quality do?
According to the KBO register, the main activity is manufacture of food products (NACE 10111).
What is the legal form of Quality?
The legal form of Quality is Private limited company (BV).
When was Quality founded?
Quality was founded on 08-10-2021.
Is Quality still active?
Yes, Quality is an active enterprise in the KBO register.
What is the turnover of Quality?
The turnover of Quality was €323,530 in financial year 2023, according to the filed annual accounts.Financials
Is Quality profitable?
In financial year 2023, Quality made a profit of €34,226.
Where can I find the annual accounts of Quality?
Quality filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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