QUALITY BUILD
ActiveSummary
For QUALITY BUILD, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €953k and a net result of €134k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 2096 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability52▼-1
Solvency50▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
24.7%
Return on assets
3.5%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 236 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 20-12-2024, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
42 d early
2023
41 d early
2022
47 d early
2021
46 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€953k▲ 6.0%
2023 · €899k
2019: €621k
2020: €699k
2021: €768k
2022: €848k
2023: €899k
2019 → 2024
Total assets
€3.87M▼ 3.3%
2023 · €4.00M
2019: €1.81M
2020: €2.15M
2021: €2.18M
2022: €2.62M
2023: €4.00M
2019 → 2024
Net result
€134k▲ 163%
2023 · €51k
2019: €292k
2020: €379k
2021: €393k
2022: €200k
2023: €51k
2019 → 2024
Working capital
€882k▲ 5.1%
2023 · €839k
2019: €592k
2020: €675k
2021: €737k
2022: €781k
2023: €839k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€699k-€768k▲ 9.8%€848k▲ 10.4%€899k▲ 6.0%€953k▲ 6.0%
Operating result€386k-€402k▲ 4.0%€198k▼ 50.7%€92k▼ 53.5%€234k▲ 155%
Net result€379k-€393k▲ 3.7%€200k▼ 49.0%€51k▼ 74.5%€134k▲ 163%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 155% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.87M
Fixed assets
€135k ▲ 30.2%
Current assets
€3.73M ▼ 4.2%
Equity and liabilities €3.87M
Equity
€953k ▲ 6.0%
Debt
€2.91M ▼ 6.0%
Debt's share of the balance-sheet total falls from 77.5% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€277k▲
2023 · €120k
Cash flow
€177k▲
2023 · €79k
Current ratio
1.31▲
2023 · 1.27
Quick ratio
0.12▼
2023 · 0.15
Debt to equity
3.06▼
2023 · 3.45
ROE
14.1%▲
2023 · 5.7%
ROA
3.5%▲
2023 · 1.3%
Interest coverage
3.47▼
2023 · 3.90
Debt ≤ 1 year
€2.85M▼
2023 · €3.05M
Debt > 1 year
€63k▲
2023 · €43k
Income taxes
€24k▲
2023 · €22k
Staff costs
€844k▲
2023 · €830k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.00M€3.87M▼
Fixed assets21/28€103k€135k▲
Intangible fixed assets21€11k€8k▼
Tangible fixed assets22/27€90k€124k▲
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€28k€30k▲
Leasing and similar rights25€39k€77k▲
Other tangible fixed assets26€13k€9k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€3.89M€3.73M▼
Stocks and contracts in progress3€3.43M€3.40M▼
Stocks30/36€2.33M€2.05M▼
Contracts in progress37€1.10M€1.35M▲
Amounts receivable within one year40/41€412k€283k▼
Trade receivables40€399k€282k▼
Other amounts receivable41€12k€543▼
Cash at bank and in hand54/58€38k€30k▼
Deferred charges and accrued income490/1€15k€16k▲
Equity and liabilities
Total equity and liabilities10/49€4.00M€3.87M▼
Equity10/15€899k€953k▲
Contributions10/11€203k€203k=
Capital10€203k€203k=
Issued capital100€203k€203k=
Reserves13€646k€697k▲
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Distributable reserves133€625k€676k▲
Profit (loss) carried forward14€51k€54k▲
Amounts payable17/49€3.10M€2.91M▼
Amounts payable after more than one year17€43k€63k▲
Financial debts170/4€43k€63k▲
Amounts payable within one year42/48€3.05M€2.85M▼
Current portion of amounts payable after more than one year42€16k€27k▲
Financial debts43€740k€900k▲
Credit institutions430/8€740k€900k▲
Trade debts44€1.66M€589k▼
Suppliers440/4€1.66M€589k▼
Taxes, remuneration and social security45€166k€132k▼
Taxes450/3€84k€44k▼
Remuneration and social security454/9€82k€89k▲
Other amounts payable47/48€469k€1.20M▲
Income statement
Code20232024
Remuneration, social security and pensions62€830k€844k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€43k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€957k€1.13M▲
Operating profit (loss)9901€92k€234k▲
Financial income75/76B€12k€4k▼
Recurring financial income75€12k€4k▼
Financial charges65/66B€31k€80k▲
Recurring financial charges65€31k€80k▲
Profit (loss) for the period before taxes9903€73k€159k▲
Income taxes67/77€22k€24k▲
Profit (loss) for the period9904€51k€134k▲
Profit (loss) for the period to be appropriated9905€51k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€131k€185k▲
Profit (loss) brought forward from the previous period14P€80k€51k▼
Transfer to equity691/2€80k€51k▼
To other reserves6921€80k€51k▼
Profit to be distributed694/7-€80k
Directors or managers695-€80k
Social balance
Average headcount (FTE)908715.817.0▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €51k ▼74.5%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €393k ▲3.7%
Operating result €402k, net result €393k, both a record.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
22-12
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.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are 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, Herselt · 1 establishment unit since 2012
Ground area
1,053 m²
Building footprint
137 m²
Volume, LiDAR
909 m³
Parcel 13034G0855/00A002, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Quality Build
since 20122.210.122.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13034G0855/00A002 | Flanders | 1,053 m² | 1 · 137 m² | 11.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 6,954 EUR awarded · 6,954 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 208 EUR | 208 EUR |
| 2024 | 2 | 1,533 EUR | 1,533 EUR |
| 2023 | 2 | 4,363 EUR | 4,363 EUR |
| 2022 | 2 | 850 EUR | 850 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 6,613 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-09-2011
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:016/465137