QUALITY DESIGNS
ActiveSummary
QUALITY DESIGNS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9,096 and a net result of €0. Equity is growing by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Equity
- €9,096
- Profit
- €0
Why 48- No NACE activity registered- Annual accounts: weaker financial profile- Higher-failure-rate region- Filed more than 90 days late+ Long track recordShow the evidence
Checked score
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Signals
This company filed its last 6 accounts on average 147 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Annual accounts filedfiscal year 2022 · full…
Financials
Fiscal year 2024Turnover €0Profit €0Solvency 28.8%Liquidity 1.33
Financials · fiscal year 2024, full schema
Trend over the years
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Result and balance sheet
Key figures and ratios
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 4,508 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.
Filed annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €123,294 | €123,983 | €89,945 | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €119,983 | €81,036 | €0 | €0 | - |
| Remuneration, social security and pensions62 | - | €5,504 | €9,009 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €463 | €917 | €916 | - | - | - |
| Gross operating margin9900 | €20,890 | €4,000 | €8,909 | €0 | €0 | - |
| Operating profit (loss)9901 | €10,650 | -€2,421 | -€1,016 | €0 | €0 | - |
| Financial income75/76B | - | €199 | €0 | - | - | - |
| Recurring financial income75 | €1 | €199 | €0 | - | - | - |
| Financial charges65/66B | - | €302 | €516 | - | - | - |
| Recurring financial charges65 | €289 | €302 | €516 | - | - | - |
| Profit (loss) for the period before taxes9903 | €10,362 | -€2,524 | -€1,532 | €0 | €0 | - |
| Income taxes67/77 | €3,111 | €788 | €75 | - | - | - |
| Profit (loss) for the period9904 | €7,251 | -€3,312 | -€1,607 | €0 | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €7,251 | -€3,312 | -€1,607 | €0 | €0 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38,806 | €30,443 | €38,279 | €38,279 | €31,563 | ▼ 17.5% |
| Fixed assets21/28 | €693 | €2,627 | €1,711 | €1,711 | €1,711 | = |
| Tangible fixed assets22/27 | €693 | €2,627 | €1,711 | €1,711 | €1,711 | = |
| Furniture and vehicles24 | - | €2,627 | €1,711 | €1,711 | €1,711 | = |
| Current assets29/58 | €38,113 | €27,816 | €36,568 | €36,568 | €29,852 | ▼ 18.4% |
| Amounts receivable within one year40/41 | €13,839 | €16,658 | €30,347 | €30,347 | €23,502 | ▼ 22.6% |
| Trade receivables40 | - | €16,658 | €30,347 | €30,347 | €23,502 | ▼ 22.6% |
| Cash at bank and in hand54/58 | €22,989 | €7,923 | €3,627 | €3,627 | €3,372 | ▼ 7.0% |
| Deferred charges and accrued income490/1 | - | €3,235 | €2,594 | €2,594 | €2,978 | ▲ 14.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38,806 | €30,443 | €38,279 | €38,279 | €31,563 | ▼ 17.5% |
| Equity10/15 | €14,014 | €10,703 | €9,096 | €9,096 | €9,096 | = |
| Contributions10/11 | €19,900 | €19,900 | €19,900 | €19,900 | €19,900 | = |
| Capital10 | - | - | €19,900 | - | - | - |
| Issued capital100 | - | - | €19,900 | - | - | - |
| Profit (loss) carried forward14 | -€5,886 | -€9,197 | -€10,804 | -€10,804 | -€10,804 | = |
| Amounts payable17/49 | €24,792 | €19,740 | €29,183 | €29,183 | €22,467 | ▼ 23.0% |
| Amounts payable within one year42/48 | €24,792 | €19,740 | €29,183 | €29,183 | €22,467 | ▼ 23.0% |
| Trade debts44 | €6,620 | €11,492 | €19,201 | €19,201 | €15,162 | ▼ 21.0% |
| Suppliers440/4 | - | €11,492 | €17,347 | €17,347 | €13,308 | ▼ 23.3% |
| Bills of exchange payable441 | - | - | €1,854 | €1,854 | €1,854 | = |
| Taxes, remuneration and social security45 | - | €8,248 | €9,982 | €9,982 | €7,305 | ▼ 26.8% |
| Taxes450/3 | - | €59 | €5,490 | €3,950 | €3,876 | ▼ 1.9% |
| Remuneration and social security454/9 | - | €8,189 | €4,492 | €6,032 | €3,429 | ▼ 43.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,251 | -€3,312 | -€1,607 | €0 | €0 | - |
| + Depreciation and write-downs630 | €463 | €917 | €916 | - | - | - |
| Operating cash flow (approximation) | €7,714 | -€2,395 | -€691 | €0 | €0 | - |
| Investment in fixed assets (approximation) | - | -€2,851 | €0 | €0 | €0 | - |
| Change in cash | - | -€15,066 | -€4,296 | €0 | -€255 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline
13 eventsLatest 31-12-2025
History
Acts, filings and financial milestones
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.
Company details
Private limited company (pre-2019) · founded 19-02-2007Year ends 31-12Peppol not found1 site
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52332C0385/00Y000 | Wallonia | 3,821 m² | 1 · 238 m² | - |
| 93030A0027/00M017 | Wallonia | 1,036 m² | 1 · 175 m² | - |
Linked by address, not proof of ownership
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