Skip to content

QUALITY-BAKE-OFF

Active
Public limited companyfounded 199729 yrs activeLangestraat 21, 1730 Asse, BelgiumKBO/BCE: BE 0460.888.570
Summary

QUALITY-BAKE-OFF has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€131,064) and a net result of €42,107. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch ReportCompare
QUALITY-BAKE-OFFActiveChecked score 57/100
Risk analysis ReportCompare

Overview

What they do
Wholesale trade
NACE 46391NACE 51391
1 site
How big
€322,171total assets 2024
Equity
-€131,064
Profit
€42,107
Turnover not published (abridged schema)
Financially healthy?
57 Fair Checked score 2024
Bankruptcy chance 12 m
0.5%
Who decides
Accounts 63 d overdue0 of 3 deeds read
Why 57- Annual accounts: weaker financial profile- Higher-failure-rate sector- Weak solvency vs sector+ Long track record+ Lower-risk legal formFiled after the deadlineShow the evidence

Checked score

Score 2024
57 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.35 against 0.59 in 2023; short-term debt: 35.9% and cash: 3.7% of total assets), but equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-40.7%
Return on assets
13.1%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 15862 sector peers (2024).
NBB · sector comparison
Position among 15862 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
84 d late
2023
24 d early
2022
6 d late
2021
161 d late
2020
45 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Liquidity quadruplescurrent ratio 2.35
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€131,064 View
  • Caution: Among the weakest 5% on equitysector median €56,148 · 15,901 companies -€131,064 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: 5 profitable years in a rowprofit 2024: €42,107 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€322,171
Profit
€42,107
Solvency
-40.7%
Total assets▼ 7.1%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 23-10-2025Annual accounts filed
  2. 31-12-2024Liquidity quadruples
  3. 07-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46391
Founded
19-06-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure