Quality Projects
ActiveSummary
Quality Projects has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €700k and a net result of €94k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.68 against 4.55 in 2024; short-term debt: 21% and cash: 1.1% of total assets), and 21.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.5%
Return on assets
10.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
63 d late
2022
68 d late
2021
77 d late
2020
88 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€700k▲ 11.0%
2024 · €631k
2018: €196k
2019: €273k
2020: €361k
2021: €434k
2022: €499k
2023: €568k
2024: €631k
2018 → 2025
Total assets
€892k▲ 8.7%
2024 · €821k
2018: €355k
2019: €452k
2020: €543k
2021: €608k
2022: €681k
2023: €770k
2024: €821k
2018 → 2025
Net result
€94k▲ 18.4%
2024 · €80k
2018: €80k
2019: €98k
2020: €108k
2021: €92k
2022: €88k
2023: €83k
2024: €80k
2018 → 2025
Working capital
€691k▲ 11.3%
2024 · €621k
2018: €197k
2019: €274k
2020: €362k
2021: €423k
2022: €491k
2023: €551k
2024: €621k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€434k-€499k▲ 15.2%€568k▲ 13.6%€631k▲ 11.2%€700k▲ 11.0%
Operating result€112k-€117k▲ 4.1%€103k▼ 12.1%€100k▼ 2.7%€117k▲ 17.4%
Net result€92k-€88k▼ 4.9%€83k▼ 5.5%€80k▼ 4.2%€94k▲ 18.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €892k
Fixed assets
€13k ▼ 45.3%
Current assets
€879k ▲ 10.4%
Equity and liabilities €892k
Equity
€700k ▲ 11.0%
Debt
€192k ▲ 1.3%
Debt's share of the balance-sheet total falls from 23.1% to 21.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▲
2024 · €111k
Cash flow
€105k▲
2024 · €91k
Current ratio
4.68▲
2024 · 4.55
Debt to equity
0.27▼
2024 · 0.30
ROE
13.5%▲
2024 · 12.6%
ROA
10.6%▲
2024 · 9.7%
Interest coverage
59.04▲
2024 · 41.29
Debt ≤ 1 year
€188k▲
2024 · €175k
Debt > 1 year
€4k▼
2024 · €14k
Income taxes
€21k▲
2024 · €18k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€821k€892k▲
Fixed assets21/28€24k€13k▼
Tangible fixed assets22/27€24k€13k▼
Furniture and vehicles24€24k€13k▼
Current assets29/58€796k€879k▲
Amounts receivable within one year40/41€792k€870k▲
Trade receivables40€18k€19k▲
Other amounts receivable41€774k€850k▲
Cash at bank and in hand54/58€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€821k€892k▲
Equity10/15€631k€700k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€611k€680k▲
Amounts payable17/49€190k€192k▲
Amounts payable after more than one year17€14k€4k▼
Financial debts170/4€14k€4k▼
Amounts payable within one year42/48€175k€188k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€65k€67k▲
Suppliers440/4€65k€67k▲
Taxes, remuneration and social security45€45k€46k▲
Taxes450/3€45k€46k▲
Other amounts payable47/48€56k€65k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€4k€537▼
Gross operating margin9900€117k€130k▲
Operating profit (loss)9901€100k€117k▲
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€97k€115k▲
Income taxes67/77€18k€21k▲
Profit (loss) for the period9904€80k€94k▲
Profit (loss) for the period to be appropriated9905€80k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€627k€705k▲
Profit (loss) brought forward from the previous period14P€547k€611k▲
Profit to be distributed694/7€16k€25k▲
Directors or managers695€16k€25k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €80k ▼4.2%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
31-12
Financial
Equity above €500kEq €568k ▲13.6%
6 profitable years in a row build equity to €568k.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Highest result since 2018net €108k ▲10.3%
Operating result €136k, net result €108k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Equity above €200kEq €273k ▲39%
2 profitable years in a row build equity to €273k.
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 59 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Bilzen-Hoeselt · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beekomstraat 103740 Bilzen-HoeseltGround area
1,253 m²
Building footprint
142 m²
Volume, LiDAR
829 m³
Parcel 73012C0573/00B000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Quality Projects
since 20002.097.232.545
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73012C0573/00B000 | Flanders | 1,253 m² | 1 · 142 m² | 9.0 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.
Similar companies · same sector, comparable size
RAIFF CONSTRUCT
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DEREY
BE 0448.166.724
Gerpinnes · Eq €700,663
CROCUS DÉVELOPPEMENT
BE 0770.758.337
Le Roeulx · Eq €700,757
ADAMS PETER
BE 0445.714.208
Sankt Vith · Eq €700,999
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 7,894 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 formPrivate limited company (pre-2019)
Founded07-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.