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QUALITY FLOOR

Active
Private limited company (pre-2019)founded 200224 yrs activeVrankaartstraat (W.-M.) 4, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0478.152.887
Summary

For QUALITY FLOOR, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €103,584 and a net result of €5,652. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 30862 sector peers (fiscal year 2022). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability50▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022
Solvency, return and age of the figures
Solvency
94.8%
Return on assets
5.2%
Age of the figures
51 mo
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 →
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 24 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-06-2023 close31-01-2024 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 16-01-2023, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
15 d early
2021
5 d early
2020
9 d early
2019
10 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 10 days before 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 (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

History

On 12 August 2002, QUALITY FLOOR was incorporated.1 Total assets went from EUR 91,686 in 2019 to EUR 109,258 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€103,584▲ 5.8%
2021 · €97,931
Total assets
€109,258▲ 5.5%
2021 · €103,604
Net result
€5,652▼ 2.8%
2021 · €5,814
Working capital
€103,559▲ 5.8%
2021 · €97,906
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
Line2019202020212022
Operating result€5,611-€6,764▲ 20.5%€5,890▼ 12.9%€5,703▼ 3.2%
Net result€5,570-€6,716within the sector's middle half▲ 20.6%€5,814within the sector's middle half▼ 13.4%€5,652within the sector's middle half▼ 2.8%
Equity€85,401-€92,117within the sector's middle half▲ 7.9%€97,931within the sector's middle half▲ 6.3%€103,584within the sector's middle half▲ 5.8%
Total assets€91,686-€97,790within the sector's middle half▲ 6.7%€103,604within the sector's middle half▲ 5.9%€109,258within the sector's middle half▲ 5.5%
Debt€6,285-€5,673▼ 9.7%€5,673=€5,674=
Working capital€85,376-€92,092above the sector's middle half▲ 7.9%€97,906above the sector's middle half▲ 6.3%€103,559above the sector's middle half▲ 5.8%
Solvency93.1%-94.2%above the sector's middle half▲ 1.1pp94.5%above the sector's middle half▲ 0.3pp94.8%above the sector's middle half▲ 0.3pp
Current ratio14.58-17.23above the sector's middle half▲ 2.6518.26above the sector's middle half▲ 1.0219.25above the sector's middle half▲ 0.99
Return on assets (ROA)6.1%-6.9%within the sector's middle half▲ 0.8pp5.6%within the sector's middle half▼ 1.3pp5.2%within the sector's middle half▼ 0.4pp
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
€0€2,000€4,000€6,000Operating result 2019: €5,611€5,611Net result 2019: €5,570€5,570Operating result 2020: €6,764€6,764Net result 2020: €6,716€6,716Operating result 2021: €5,890€5,890Net result 2021: €5,814€5,814Operating result 2022: €5,703€5,703Net result 2022: €5,652€5,6522019202020212022€0€2,000€4,000€6,000Operating result 2020: €6,764€6,760Net result 2020: €6,716€6,720Operating result 2021: €5,890€5,890Net result 2021: €5,814€5,810Operating result 2022: €5,703€5,700Net result 2022: €5,652€5,650202020212022
The operating result has fallen two years in a row; 2022 is 3% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €109,258
Fixed assets €25 =
Current assets €109,233 ▲ 5.5%
Equity and liabilities €109,258
Equity €103,584 ▲ 5.8%
Debt €5,674 =
Debt's share of the balance-sheet total falls from 5.5% to 5.2%. Equity is higher.
Key figures and ratios
2022 value · change against 2021
Debt to equity
0.05
ROE
5.5%▼
2021 · 5.9%
Debt ≤ 1 year
€5,674=
2021 · €5,673
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 31 lines
Balance sheet Code20212022
Assets
Total assets20/58€103,604€109,258▲
Fixed assets21/28€25€25=
Financial fixed assets28€25€25=
Current assets29/58€103,579€109,233▲
Amounts receivable within one year40/41€103,294€108,804▲
Trade receivables40-€62,351
Other amounts receivable41-€46,453
Cash at bank and in hand54/58€285€429▲
Equity and liabilities
Total equity and liabilities10/49€103,604€109,258▲
Equity10/15€97,931€103,584▲
Contributions10/11-€16,200
Reserves13€90,648€90,648=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Tax-exempt reserves132-€826
Distributable reserves133-€87,962
Profit (loss) carried forward14-€8,917-€3,264▲
Amounts payable17/49€5,673€5,674=
Amounts payable within one year42/48€5,673€5,674=
Trade debts44€5,673€5,674=
Suppliers440/4-€5,674
Income statement Code20212022
Other operating charges640/8-€469
Gross operating margin9900€6,010€6,172▲
Operating profit (loss)9901€5,890€5,703▼
Financial charges65/66B-€51
Recurring financial charges65€76€51▼
Profit (loss) for the period before taxes9903€5,814€5,652▼
Profit (loss) for the period9904€5,814€5,652▼
Profit (loss) for the period to be appropriated9905€5,814€5,652▼
Appropriation of the result
Profit (loss) to be appropriated9906--€3,264
Profit (loss) brought forward from the previous period14P--€8,916

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

Line2019202020212022Change
Other operating charges640/8---€469-
Gross operating margin9900€6,091€6,883€6,010€6,172▲ 2.7%
Operating profit (loss)9901€5,611€6,764€5,890€5,703▼ 3.2%
Financial charges65/66B---€51-
Recurring financial charges65€41€48€76€51▼ 32.9%
Profit (loss) for the period before taxes9903€5,570€6,716€5,814€5,652▼ 2.8%
Profit (loss) for the period9904€5,570€6,716€5,814€5,652▼ 2.8%
Profit (loss) for the period to be appropriated9905€5,570€6,716€5,814€5,652▼ 2.8%
Line2019202020212022Change
Assets
Total assets20/58€91,686€97,790€103,604€109,258▲ 5.5%
Fixed assets21/28€25€25€25€25=
Financial fixed assets28€25€25€25€25=
Current assets29/58€91,661€97,765€103,579€109,233▲ 5.5%
Amounts receivable within one year40/41€91,539€97,440€103,294€108,804▲ 5.3%
Trade receivables40---€62,351-
Other amounts receivable41---€46,453-
Cash at bank and in hand54/58€122€325€285€429▲ 50.5%
Equity and liabilities
Total equity and liabilities10/49€91,686€97,790€103,604€109,258▲ 5.5%
Equity10/15€85,401€92,117€97,931€103,584▲ 5.8%
Contributions10/11€16,200€16,200-€16,200-
Reserves13€90,648€90,648€90,648€90,648=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Tax-exempt reserves132---€826-
Distributable reserves133---€87,962-
Profit (loss) carried forward14-€21,447-€14,731-€8,917-€3,264▲ 63.4%
Amounts payable17/49€6,285€5,673€5,673€5,674=
Amounts payable within one year42/48€6,285€5,673€5,673€5,674=
Trade debts44€6,285€5,673€5,673€5,674=
Suppliers440/4---€5,674-
Line2019202020212022Change
Profit (loss) for the period9904€5,570€6,716€5,814€5,652▼ 2.8%
Operating cash flow (approximation)€5,570€6,716€5,814€5,652▼ 2.8%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€203-€40€144▲ 460%

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

2023
16-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Equity above €100,000Eq €103,584 ▲5.8%
4 profitable years in a row build equity to €103,584.
26-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Highest result since 2019net €6,716 ▲20.6%
Operating result €6,764, net result €6,716, both a record.
21-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-01
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
5,960 m²
Building footprint
232 m²
Volume, LiDAR
1,319 m³
Parcel 45055A1322/00B000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vrankaartstraat (W.-M.) 4, 9790 Wortegem-Petegem
NACE 5153202
since 20022.114.611.282
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45055A1322/00B000 Flanders 5,960 m² 1 · 232 m² 8.8 m · 2 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 3,960 companies in sector 43331 we hold annual accounts for 1,787. 1,540 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 (pre-2019)
Founded12-08-2002
Fiscal year end30-06
Activities, NACEBEL 2025
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0478152887
Also 9925:BE0478152887
Registered 22-01-2026

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.