Equity
€3.7m from €7.3m in 2022
Equity fell by 49% in 4 years.
QUALITY SET
Lifetime
6 annual accounts with figures on one time axispeak €3.2m (2025)
€948,591▼ 70.7%
lowest -€3.3m (2024)
-€1.3m▼ €1.6m
peak €7.3m (2022)
€3.7m▲ 616%
€10.4m▼ 31.4%
peak 16.9 FTE (2026)
16.9 FTE
Board3 names since 2019
-
Documentsfilings and deeds
19-10-202612 days before the deadline
2026abbreviated format
Gross margin from €3.2m to €948,591Loss of €1.3mCapital increase of €5,000,000 to €10,000,000 09-04Equity from €514,470 to €3.7mDebts from €15.1m to €10.4mCash from €33 to €89,791
Key points
from the 2026 annual accountsResult
-€1.3m -€1.3m
From profit to loss in 2026, after a profit of €273,495 in 2025.
Debts
€10.4m 74% of the balance sheet
Suppliers 5%Taxes and wages 1%Other 94%
Investments
€337,813 0.2 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts since 2021
The last five annual accounts were filed 0 to 12 days before the end of the period.
Position in the sector
-€1.3m
Lower net result than 95% of companies in retail trade. Sector median €33,211 · 932 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 748 companies had the same profile as QUALITY SET has now. Each dot stands for 2 companies, two years later.
96.7%
were still trading
1.9%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 748 companies, not a prediction for QUALITY SET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardManaging director, until 2020
- 48,595 sharesdeed of 09-04-2026
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0724686109
Capital increase of €5,000,000 to €10,000,000
Capital from €5,000,000 to €10,000,000, 48,595 new shares · General meeting of 31-03-2026 · Gazette deed
Registered office moved from Anvaing to Blandain
New registered office: Rue du Petit Tilleul, 16-7522 Blandain · Previous registered office: rue Outre, 46-7910 Anvaing · Permanent representative: · General meeting of 21-09-2021 · Gazette deed
Capital increase of €2,600,000 to €5,000,000
Capital from €2,400,000 to €5,000,000, 2,600 new shares · General meeting of 06-07-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QUALITY SET Tournai | €14.0m | €0.9m | 26.2% | 16.9 |
| BRICOLAGES JULEM Namur | €4.7m | €1.2m | 54.2% | 15.6 |
| BRICOLAGES JARIS Gembloux | €5.0m | €1.3m | 66.7% | 20.8 |
| ML-GROEP Kapellen | €5.4m | €0.8m | 4.4% | 24 |
| DWK Roeselare | €5.3m | €2.0m | 74.5% | 8.9 |
| OCES GROUP Brussels | €4.8m | €1.1m | 46.0% | - |
| DE KINDER HARDWARE Buggenhout | €15.3m | - | 63.5% | 39.2 |
These companies have the same main activity as QUALITY SET: retail trade (NACE 47525). They are comparable in size and age: total assets between €4.7m and €15m, founded between 2010 and 2019.
Official details
Source: KBO- Status
- Active since 09-04-2019Normal situation
- Activity
- Retail tradeNACE 47525and 2 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 31-03-2026
- Establishment unit
- 2.289.575.7267503 Tournai, since 09-04-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Annual accounts to 31-03-2026
- ≈ €5.0mestimated
- €14.0m▼ 10.1%
- Employeeson 31-03-2026
- 17
- Filing
- Filed on 19-10-2026, 12 days before the end of the filing period
Insights on QUALITY SET
QUALITY SET files the abbreviated format. That format states no turnover. The gross margin rose from -€523,366 in 2021 to €948,591 in 2026.
The balance sheet grew most from 2022 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about QUALITY SET
- What is the company number of QUALITY SET?
- The company number of QUALITY SET is 0724.686.109. The VAT number is the same number with BE in front: BE 0724.686.109.
- Where is QUALITY SET based?
- The registered office is at Rue du Petit Tilleul 16, 7522 Tournai.Company details
- What does QUALITY SET do?
- According to the KBO register, the main activity is retail trade (NACE 47525).
- What is the legal form of QUALITY SET?
- QUALITY SET is a public limited company (NV).
- When was QUALITY SET founded?
- QUALITY SET was founded on 09-04-2019.
- Is QUALITY SET still active?
- Yes, QUALITY SET is an active enterprise in the KBO register.
- How many employees does QUALITY SET have?
- QUALITY SET had an average of 16.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does QUALITY SET fall under?
- In its 31-03-2026 annual accounts, QUALITY SET states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of QUALITY SET?
- The turnover in financial year 2026 is ≈ €5.0m. This figure is estimated from the gross margin of €948,591 and 31 comparable companies (NACE 475). It probably lies between €3.2m and €7.6m.
- Is QUALITY SET profitable?
- In financial year 2026, QUALITY SET made a loss of €1.3m.
- Where can I find the annual accounts of QUALITY SET?
- QUALITY SET filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of QUALITY SET due?
- QUALITY SET must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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