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QUALITY BOUWCONSTRUCT

Active
Private limited companyfounded 20205 yrs activeLucien Schalenborghlaan(E) 22, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0758.445.671
Summary

The computed 12-month bankruptcy probability of QUALITY BOUWCONSTRUCT is 2.8% (moderate). The 2025 annual accounts show equity of €3,484 and a net result of -€98. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 17% of 28281 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability37▲+21
Solvency39▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.86 against 0.85 in 2024; short-term debt: 86.4% of total assets), and 86.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
13.6%
Return on assets
-0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filings
Deviation from the deadline
2025
31 d late
2024
258 d late
2023
623 d late
2022
989 d late
2021
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 392 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 April (4 of the last 5 filed years within 366 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

QUALITY BOUWCONSTRUCT was incorporated on 16 November 2020 as a Private limited company.1 Total assets fell from EUR 42,842 in 2021 to EUR 25,644 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,484▼ 2.7%
2024 · €3,581
Total assets
€25,644▼ 7.1%
2024 · €27,594
Net result
-€98▲ 95.9%
2024 · -€2,395
Working capital
-€3,126▲ 13.3%
2024 · -€3,604
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€225-€9,966-€3,984-€2,395▲ 39.9%-€1,038▲ 56.7%
Net result€191below the sector's middle half-€8,668within the sector's middle half▲ 4,427%-€2,982below the sector's middle half-€2,395below the sector's middle half▲ 19.7%-€98below the sector's middle half▲ 95.9%
Equity€291below the sector's middle half-€8,959below the sector's middle half▲ 2,974%€5,977below the sector's middle half▼ 33.3%€3,581below the sector's middle half▼ 40.1%€3,484below the sector's middle half▼ 2.7%
Total assets€42,842below the sector's middle half-€45,835below the sector's middle half▲ 7.0%€29,989below the sector's middle half▼ 34.6%€27,594below the sector's middle half▼ 8.0%€25,644below the sector's middle half▼ 7.1%
Debt€42,551-€36,876▼ 13.3%€24,013▼ 34.9%€24,013=€22,161▼ 7.7%
Working capital-€10,371below the sector's middle half--€4,952below the sector's middle half▲ 52.3%-€3,604below the sector's middle half▲ 27.2%-€3,604below the sector's middle half=-€3,126below the sector's middle half▲ 13.3%
Solvency0.7%below the sector's middle half-19.5%below the sector's middle half▲ 18.9pp19.9%below the sector's middle half▲ 0.4pp13.0%below the sector's middle half▼ 7.0pp13.6%below the sector's middle half▲ 0.6pp
Current ratio0.76below the sector's middle half-0.87below the sector's middle half▲ 0.110.85below the sector's middle half▼ 0.020.85below the sector's middle half=0.86below the sector's middle half▲ 0.01
Return on assets (ROA)0.4%below the sector's middle half-18.9%above the sector's middle half▲ 18.5pp-9.9%below the sector's middle half▼ 28.9pp-8.7%below the sector's middle half▲ 1.3pp-0.4%below the sector's middle half▲ 8.3pp
Staff (FTE)0.3-
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2021: -€225-€225Net result 2021: €191€191Operating result 2022: €9,966€9,966Net result 2022: €8,668€8,668Operating result 2023: -€3,984-€3,984Net result 2023: -€2,982-€2,982Operating result 2024: -€2,395-€2,395Net result 2024: -€2,395-€2,395Operating result 2025: -€1,038-€1,038Net result 2025: -€98-€9820212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,984-€3,980Net result 2023: -€2,982-€2,980Operating result 2024: -€2,395-€2,400Net result 2024: -€2,395-€2,400Operating result 2025: -€1,038-€1,040Net result 2025: -€98-€98202320242025
The operating result stays negative: a loss of €1,038 in 2025 against €2,395 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,644
Fixed assets €6,609 ▼ 8.0%
Current assets €19,035 ▼ 6.7%
Equity and liabilities €25,644
Equity €3,484 ▼ 2.7%
Debt €22,161 ▼ 7.7%
Debt's share of the balance-sheet total falls from 87.0% to 86.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€462▼
2024 · €0
Cash flow
€479▲
2024 · €0
Debt to equity
6.36▼
2024 · 6.70
ROE
-2.8%▲
2024 · -66.9%
Debt ≤ 1 year
€22,161▼
2024 · €24,013
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,548 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,594€25,644▼
Fixed assets21/28€7,186€6,609▼
Tangible fixed assets22/27€7,186€6,609▼
Plant, machinery and equipment23€330-
Furniture and vehicles24€6,856€6,609▼
Current assets29/58€20,408€19,035▼
Amounts receivable within one year40/41€20,408€19,035▼
Trade receivables40€2,365€2,365=
Other amounts receivable41€18,044€16,671▼
Equity and liabilities
Total equity and liabilities10/49€27,594€25,644▼
Equity10/15€3,581€3,484▼
Contributions10/11€100€100=
Profit (loss) carried forward14€3,481€3,384▼
Amounts payable17/49€24,013€22,161▼
Amounts payable within one year42/48€24,013€22,161▼
Financial debts43€4,123€4,123=
Credit institutions430/8€4,123€4,123=
Trade debts44€4,875€3,023▼
Suppliers440/4€4,875€3,023▼
Taxes, remuneration and social security45€15,014€15,014=
Taxes450/3€15,014€15,014=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,395€577▼
Other operating charges640/8-€462
Gross operating margin9900€0-
Operating profit (loss)9901-€2,395-€1,038▲
Financial income75/76B-€941
Recurring financial income75-€941
Profit (loss) for the period before taxes9903-€2,395-€98▲
Profit (loss) for the period9904-€2,395-€98▲
Profit (loss) for the period to be appropriated9905-€2,395-€98▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,481€3,384▼
Profit (loss) brought forward from the previous period14P€5,877€3,481▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€9,397€2,774----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,680€3,002€4,843€2,395€577▼ 75.9%
Other operating charges640/8€1,165€199€573-€462-
Gross operating margin9900€14,017€15,941€1,431€0--
Operating profit (loss)9901-€225€9,966-€3,984-€2,395-€1,038▲ 56.7%
Financial income75/76B€715€1,222€1,002-€941-
Recurring financial income75€715€1,222€1,002-€941-
Financial charges65/66B€79€257----
Recurring financial charges65€79€257----
Profit (loss) for the period before taxes9903€411€10,931-€2,982-€2,395-€98▲ 95.9%
Income taxes67/77€219€2,263----
Profit (loss) for the period9904€191€8,668-€2,982-€2,395-€98▲ 95.9%
Profit (loss) for the period to be appropriated9905€191€8,668-€2,982-€2,395-€98▲ 95.9%
Line20212022202320242025Change
Assets
Total assets20/58€42,842€45,835€29,989€27,594€25,644▼ 7.1%
Fixed assets21/28€10,662€13,911€9,581€7,186€6,609▼ 8.0%
Tangible fixed assets22/27€10,662€13,911€9,581€7,186€6,609▼ 8.0%
Plant, machinery and equipment23€3,889€2,213€330€330--
Furniture and vehicles24€6,774€11,698€9,251€6,856€6,609▼ 3.6%
Current assets29/58€32,180€31,925€20,408€20,408€19,035▼ 6.7%
Amounts receivable within one year40/41€27,637€31,760€20,408€20,408€19,035▼ 6.7%
Trade receivables40€12,084€11,898€2,365€2,365€2,365=
Other amounts receivable41€15,553€19,862€18,044€18,044€16,671▼ 7.6%
Cash at bank and in hand54/58€4,542€165----
Equity and liabilities
Total equity and liabilities10/49€42,842€45,835€29,989€27,594€25,644▼ 7.1%
Equity10/15€291€8,959€5,977€3,581€3,484▼ 2.7%
Contributions10/11€100€100€100€100€100=
Profit (loss) carried forward14€191€8,859€5,877€3,481€3,384▼ 2.8%
Amounts payable17/49€42,551€36,876€24,013€24,013€22,161▼ 7.7%
Amounts payable within one year42/48€42,551€36,876€24,013€24,013€22,161▼ 7.7%
Financial debts43--€4,123€4,123€4,123=
Credit institutions430/8--€4,123€4,123€4,123=
Trade debts44€27,890€4,642€4,875€4,875€3,023▼ 38.0%
Suppliers440/4€27,890€4,642€4,875€4,875€3,023▼ 38.0%
Advances received on contracts in progress46€3,630€13,000----
Taxes, remuneration and social security45€11,031€19,234€15,014€15,014€15,014=
Taxes450/3€4,484€19,234€15,014€15,014€15,014=
Remuneration and social security454/9€6,547-----
Line20212022202320242025Change
Profit (loss) for the period9904€191€8,668-€2,982-€2,395-€98▲ 95.9%
+ Depreciation and write-downs630€3,680€3,002€4,843€2,395€577▼ 75.9%
Operating cash flow (approximation)€3,872€11,670€1,860€0€479-
Investment in fixed assets (approximation)--€6,251-€513€0€0-
Change in cash--€4,377----

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
15-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 258 days late
15-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 623 days late
15-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 989 days late
2023
31-12
Financial Weakest financial yearnet -€2,982
Net result drops to -€2,982, the lowest in the series; recovery starts the following year.
2022
31-12
Financial Highest result since 2021net €8,668 ▲4,427%
Operating result €9,966, net result €8,668, both a record.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Maasmechelen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
913 m²
Building footprint
87 m²
Volume, LiDAR
428 m³
Parcel 73013C1077/00A000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
QUALITY BOUWCONSTRUCT
Lucien Schalenborghlaan(E) 22, 3630 MaasmechelenReal estate development
since 20202.309.764.196
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73013C1077/00A000 Flanders 913 m² 1 · 87 m² 9.5 m · 1 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.

Similar companies · same sector, comparable size

Of 11,142 companies in sector 43910 we hold annual accounts for 5,493. 1,435 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
Founded16-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43230Insulation installation
43350Other building finishing work
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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