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QUALITY AND TRADITION

Active
Private limited companyfounded 1984active for 42 yearsAvenue des Pâquerettes 55, 1410 Waterloo, Belgium77 active companies are registered at this addressKBO/BCE: BE 0425.607.195
Summary

The computed 12-month bankruptcy probability of QUALITY AND TRADITION is 6.5% (elevated). The 2025 annual accounts show negative equity (-€230,706) and a net result of -€138,429. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 943 sector peers (NACE 56, financial year 2025). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.

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QUALITY AND TRADITIONActiveChecked score 32/100
Risk analysis ReportCompare

Overview

Activity
Event catering
NACE 56210Manufacture of food products NACE 10130
4th oldest company in Waterloo, Accommodation and food service sector1 site
Size
€491,072total assets 2025
Staff
11.3 FTE
Equity
-€230,706
Loss
-€138,429
Financial health
32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.5%
Structure
2025 accounts filed 16 days late
Why 32raises riskNegative equity -€230,706Loss of €138,429, the second in a row (financial year 2025)Sector: Food and beverage service activities (NACE 56)Size: 11.3 FTE, total assets €491,072Show the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 4% of its sector peers (NACE 56, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-10
equity -47.0% of total assets
Liquidity 5=
short-term debt 126.5% · cash 3.9%
Profitability 0=
return on assets -28.2%
Bankruptcy probability, 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024lowest value 01-2025: 1.6%▲ +0.3 percentage points vs 12-2024 02-2025: 2.1%▲ +0.5 percentage points vs 01-2025 03-2025: 6.8%▲ +4.7 percentage points vs 02-2025 04-2025: 6.8%● unchanged vs 03-2025 05-2025: 6.8%● unchanged vs 04-2025 06-2025: 6.8%● unchanged vs 05-2025 07-2025: 6.8%● unchanged vs 06-2025 08-2025: 6.8%● unchanged vs 07-2025 09-2025: 6.8%● unchanged vs 08-2025 10-2025: 6.9%▲ +0.1 percentage points vs 09-2025 11-2025: 6.8%▼ -0.1 percentage points vs 10-2025 12-2025: 6.7%▼ -0.1 percentage points vs 11-2025 01-2026: 6.9%▲ +0.2 percentage points vs 12-2025highest value 02-2026: 6.6%▼ -0.3 percentage points vs 01-2026 03-2026: 6.5%▼ -0.1 percentage points vs 02-2026 04-2026: 6.5%● unchanged vs 03-2026 05-2026: 6.5%● unchanged vs 04-2026 06-2026: 6.5%● unchanged vs 05-2026 07-2026: 6.5%● unchanged vs 06-2026 08-2026: 6.5%● unchanged vs 07-2026 09-2026: 6.5%● unchanged vs 08-2026 10-2026: 6.5%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.63, compared with 0.84 in 2024, below 1; short-term debt: 126.5% and cash: 3.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small): better than 4% on solvency, 2% on liquidity, 4% on profitability and 4% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Negative equity -€230,706
NBB · annual accounts
raises risk · Loss of €138,429, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: 11.3 FTE, total assets €491,072
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€230,706
raises risk · 2025 accounts filed 16 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 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 · 10 filings
Deviation from the deadline
2025
16 days late
2024
24 days late
2023
22 days late
2022
27 days late
2021
16 days late
2020
26 days late
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end24-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Philippe CAPPELLE (director)Shareholding · Capital · Declaration
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€230,706 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€138,429 View
  • Caution: Equity fell in 2025from -€92,277 to -€230,706 ▼ 150% View
  • Caution: Among the weakest 9% on equitysector median €110,828 · 946 companies -€230,706 View
  • New directorlatest change 28-08-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€491,072
Loss
-€138,429
Solvency
-47.0%
Total assets▼ 17.6%
Net result
20192025
Go to Financials

Timeline

Events
45
Since
1985
Next accounts
by 31-01-2027
  1. 30-06-2024Weakest financial year
  2. 22-02-2024Annual accounts filed
  3. 27-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Event cateringNACE 56210
Founded
11-04-1984
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
Second Tuesday of October at 15:00
Purpose
“Toutes opérations se rattachant directement ou indirectement à l’achat et la vente de…” (deed in French)
Go to Articles of association

Key facts about QUALITY AND TRADITION

What is the company number of QUALITY AND TRADITION?
0425.607.195. In Belgium the VAT number is the company number with BE in front: BE 0425.607.195.
Where is QUALITY AND TRADITION based?
The registered office is at Avenue des Pâquerettes 55, 1410 Waterloo.Company details
What does QUALITY AND TRADITION do?
According to the KBO register, the main activity is event catering (NACE 56210).
What is the legal form of QUALITY AND TRADITION?
Private limited company (BV).
When was QUALITY AND TRADITION founded?
On 11-04-1984.
Is QUALITY AND TRADITION still active?
Yes, QUALITY AND TRADITION is an active enterprise in the KBO register.
How many employees does QUALITY AND TRADITION have?
On average 11.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of QUALITY AND TRADITION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is QUALITY AND TRADITION profitable?
In financial year 2025, QUALITY AND TRADITION made a loss of €138,429.
Where can I find the annual accounts of QUALITY AND TRADITION?
QUALITY AND TRADITION filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QUALITY AND TRADITION due?
By 31-01-2027, for financial year 2026.Timeline

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