QUALITY CLEAN
The computed 12-month bankruptcy probability of QUALITY CLEAN is 0.5% (very low). The 2024 annual accounts show equity of €527k and a net result of €26k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 138 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €527k |
| Net result | €26k |
| Staff (FTE) | 3.4 |
| Better than sector | 77% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.9% | 33.8% | |
| Net result | €26k | €25k | |
| Equity | €527k | €116k | |
| Gross operating margin | €222k | €207k | |
| Staff costs | €215k | €183k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €4k |
| Net profit | €26k |
| Cash flow | €26k |
| Staff costs | €215k |
| Income taxes | €11k |
| Dividends | - |
| Total assets | €865k |
| Equity | €527k |
| Debt | €338k |
| of which ≤ 1y | €338k |
| of which > 1y | - |
| Working capital | €524k |
| Employees (FTE) | 3.4 |
| 2024 | |
|---|---|
| Current ratio | 2.55 |
| Quick ratio | 2.55 |
| Working capital ratio | 60.5% |
| Solvency | 60.9% |
| Debt / equity | 0.64 |
| Long-term debt ratio | - |
| Interest coverage | 0.33 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.0% |
| ROE | 4.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €865k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €862k |
| Amounts receivable within one year | 40/41 | €862k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €865k |
| Equity | 10/15 | €527k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €261k |
| Accumulated profits (losses) | 14 | €204k |
| Amounts payable | 17/49 | €338k |
| Amounts payable within one year | 42/48 | €338k |
| Trade debts payable within one year | 44 | €66k |
| Income statement | ||
| Gross operating margin | 9900 | €222k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €45k |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €37k |
| Income taxes | 67/77 | €11k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
| NACE primary | Cleaning & landscape services(81220) |
| Legal form | Public limited company(014) |
| Incorporation | 27-10-1989 |
| Status | Active |
| Postal code | 3140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472G0060/00D000 | Flanders | 3,024 m² | 1 · 391 m² | 8.7 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | QUALITY CLEAN |