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QUALITY TRADING SERVICES

Active Private limited companyfounded 2019active for 7 yearsOostendse Baan 146, 8470 GistelKBO/BCE: BE 0736.813.681

Lifetime

6 annual accounts with figures on one time axis
peak €31,365 (2024)
€12,849▼ 59.0%
lowest -€17,927 (2023)
€5,580▼ 76.9%
peak €20,327 (2024)
€14,121▼ 30.5%
€305,679▲ 126%
Board1 name since 2019
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €31,365 to €12,849Result from €24,134 to €5,580Registered office moved within Gistel 25-03Dividend €11,787Equity from €20,327 to €14,121Debts from €135,472 to €305,679

Key points

from the 2025 annual accounts

Equity

€14,121 ▼ 30.5%
20,3272024+5,580Profit-11,787Dividend14,1212025

QUALITY TRADING SERVICES paid out €11,787 in dividends. That is 211% of the 2025 profit.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€305,679 96% of the balance sheet
Suppliers 69%Taxes and wages 28%Other 3%

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 3 to 31 days before the end of the period.

Position in the sector

4.4%

Lower solvency than 81% of companies in land transport. Sector median 37.7% · 5,952 companies.

Checked score

50
Fair
Financially stronger than 23% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.9% 01-2025: 3.7%▼ -0.2 percentage points vs 12-2024 02-2025: 3.6%▼ -0.1 percentage points vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025 04-2025: 5.8%▲ +2.2 percentage points vs 03-2025 05-2025: 6.3%▲ +0.5 percentage points vs 04-2025 06-2025: 6.4%▲ +0.1 percentage points vs 05-2025 07-2025: 6.9%▲ +0.5 percentage points vs 06-2025highest value 08-2025: 4.1%▼ -2.8 percentage points vs 07-2025 09-2025: 4.1%● unchanged vs 08-2025 10-2025: 4.1%● unchanged vs 09-2025 11-2025: 4.1%● unchanged vs 10-2025 12-2025: 4.1%● unchanged vs 11-2025 01-2026: 3.3%▼ -0.8 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.7%▲ +0.4 percentage points vs 03-2026 05-2026: 4.4%▲ +0.7 percentage points vs 04-2026 06-2026: 4.3%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▼ -1.6 percentage points vs 06-2026lowest value 08-2026: 2.7%● unchanged vs 07-2026lowest value 09-2026: 2.7%● unchanged vs 08-2026lowest value 10-2026: 2.7%● unchanged vs 09-2026lowest value 11-2026: 2.7%● unchanged vs 10-2026lowest value

Financial strength
Weak

29-9equity 4.4% of total assets
15+5short-term debt 95.6% · cash 12.1%
71-17return on assets 1.7%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Founded in 2019
1 change of registered office in 24 months
Equity €14,121 (4.4% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 18% of them on solvency, 13% on liquidity, 45% on profitability and 16% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,251 companies had the same profile as QUALITY TRADING SERVICES has now. Each dot stands for 4 companies, two years later.

94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of QUALITY TRADING SERVICES itself: 2.7% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 1,251 companies, not a prediction for QUALITY TRADING SERVICES. 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

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.02 (1.1 in 2024), below the usual 1.5. Short-term debt is 95.6% and cash 12.1% of total assets. 95.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €14,121 (4.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 5952 sector peers (2025).
NBB · sector comparison
Position among 5952 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
31 days early
2024
20 days early
2023
5 days early
2022
3 days early
2021
27 days early
2020
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 16 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VE
Director, since 26-10-2019
  • VANBELLE Eddy Marcel 100 sharesdeed of 30-10-2019
Board & ownership

Recent changes

Registered office moved within Gistel New registered office: Oostendsebaan 146, 8470 Gistel · Previous registered office: Brouwerijstraat 11, 8470 Gistel · General meeting of 05-03-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0736813681
Incorporation Founding capital of €2,000, 100 shares · Founder: VANBELLE Eddy Marcel · Appointment: VANBELLE Eddy Marcel (director) · published on 30-10-2019 · Gazette deed
First establishment Oostendse Baan 146, Gistel
All 13 events

Comparable companies

same main activity, similar in size and age
Company
QUALITY TRADING SERVICES Gistel €319,800 €12,849 4.4% -
DC Sales Ostend €351,998 €12,912 7.3% -
GULL International Ghent €306,075 €12,280 38.1% -
PRO-WAY Steenokkerzeel €254,599 €17,585 57.7% -
L & V Trading Puurs-Sint-Amands €255,025 €18,532 28.7% -
FD Services Sint-Niklaas €337,441 €8,565 3.6% -
KANTEK GROUP Merelbeke-Melle €322,245 €19,390 45.2% -

These companies have the same main activity as QUALITY TRADING SERVICES: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €255,000 and €352,000, founded between 2017 and 2021.

Official details

Source: KBO
Status
Active since 26-10-2019Normal situation
Activity
Freight transport by roadNACE 49410and 4 others
Establishment unit
2.295.210.4368470 Gistel, since 26-10-2019
Financial year end
31 December
Peppol
Reachable since 24-11-2024
Company details

Annual accounts 2025

€319,800▲ 105%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on QUALITY TRADING SERVICES

QUALITY TRADING SERVICES files the micro format. That format states no turnover. The gross margin rose from -€1,448 in 2020 to €12,849 in 2025.

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 TRADING SERVICES

What is the company number of QUALITY TRADING SERVICES?
The company number of QUALITY TRADING SERVICES is 0736.813.681. The VAT number is the same number with BE in front: BE 0736.813.681.
Where is QUALITY TRADING SERVICES based?
The registered office is at Oostendse Baan 146, 8470 Gistel.Company details
What does QUALITY TRADING SERVICES do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of QUALITY TRADING SERVICES?
QUALITY TRADING SERVICES is a private limited company (BV).
When was QUALITY TRADING SERVICES founded?
QUALITY TRADING SERVICES was founded on 26-10-2019.
Is QUALITY TRADING SERVICES still active?
Yes, QUALITY TRADING SERVICES is an active enterprise in the KBO register.
What is the turnover of QUALITY TRADING SERVICES?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €12,849 and 66 comparable companies (NACE 49410). It probably lies between €54,000 and €180,000. It is a rough estimate.Financials
Is QUALITY TRADING SERVICES profitable?
In financial year 2025, QUALITY TRADING SERVICES made a profit of €5,580.
Where can I find the annual accounts of QUALITY TRADING SERVICES?
QUALITY TRADING SERVICES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QUALITY TRADING SERVICES due?
QUALITY TRADING SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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