Financials
- Fiscal year
- 2024
- Turnover
- €1.5m
- Profit
- €6,119
- Solvency
- 11.1%
Quality Food
ActiveSummary
The computed 12-month bankruptcy probability of Quality Food is 7.6% (elevated). The 2024 annual accounts show equity of €6,119 and a net result of €6,119. Its solvency ranks better than 31% of 26069 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112Supermarkets NACE 47114
2 sites
Size
€1.5mturnover 2024
- Equity
- €6,119
- Profit
- €6,119
Structure
Accounts filed 75 d late0 of 1 deed read
Why 33- 1 financial year not filed after the legal deadline; latest accounts 75 days late; 1 of the last 3 late- Founded in 2023- Figures for FY 2024 (filed 18-10-2025)- 2 establishment unitsShow the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 27% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
36
equity 11.1% of total assets
Liquidity
7
short-term debt 88.9% · cash 5.4%
Profitability
65
return on assets 11.1%
Bankruptcy probability, 12 months
7.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.3%
12-2024: 3.3%▲ +1.8% vs 11-2024
01-2025: 3.2%▼ -3.1% vs 12-2024lowest value
02-2025: 3.2%▲ +0.2% vs 01-2025
03-2025: 3.5%▲ +7.2% vs 02-2025
04-2025: 3.6%▲ +4.2% vs 03-2025
05-2025: 3.6%▲ +1.1% vs 04-2025
06-2025: 3.6%● 0.0% vs 05-2025
07-2025: 3.6%● 0.0% vs 06-2025
08-2025: 3.6%● 0.0% vs 07-2025
09-2025: 3.6%● 0.0% vs 08-2025
10-2025: 3.6%● 0.0% vs 09-2025
11-2025: 5.0%▲ +37.4% vs 10-2025
12-2025: 5.0%▼ -0.6% vs 11-2025
01-2026: 5.0%▼ -0.3% vs 12-2025
02-2026: 5.0%● 0.0% vs 01-2026
03-2026: 5.0%▲ +1.0% vs 02-2026
04-2026: 5.0%▲ +0.4% vs 03-2026
05-2026: 5.1%▲ +0.9% vs 04-2026
06-2026: 5.0%▼ -1.3% vs 05-2026
07-2026: 5.0%▲ +0.8% vs 06-2026
08-2026: 5.8%▲ +15.5% vs 07-2026
09-2026: 6.1%▲ +4.1% vs 08-2026
10-2026: 7.6%▲ +24.6% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 75 days late; 1 of the last 3 late raises the probability
- Founded in 2023 raises the probability for this profile
- Figures for FY 2024 (filed 18-10-2025) raises the probability
- 2 establishment units raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.13; short-term debt: 88.9% and cash: 5.4% of total assets), and 88.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 28%, liquidity 9%, profitability 46%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 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 · 1 filingDeviation from the deadline
2024
75 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 75 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 14-10-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 13-04-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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