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BE 0890.263.624Private limited company (pre-2019)Open bankruptcy
QUALITY WALL
Appensvoordestraat 39 ·9920 Lievegem, Belgium· 19 yrs active
Sector: Specialised construction
(43310)
Conclusion
A bankruptcy procedure is open for QUALITY WALL according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €112k and a net result of €-112k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €112k |
| Net result | €-112k |
| Staff (FTE) | 1.9 |
| Better than sector | 45% |
Snowflake analysis
22
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
60
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 11-05-2022 with the NBB · fiscal year 2021 · verkort
Sector comparison
Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 27.6% | 31.6% | |
| Net result | €-112k | €31k | |
| Equity | €112k | €153k | |
| Gross operating margin | €7k | €241k | |
| Staff costs | €77k | €249k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-106k
-
far below sector median
€-112k
-
far below sector median
€-105k
-
far below sector median
€408k
-21.4%
+10% vs sector
€112k
-49.9%
-54% vs sector
€145k
-41.4%
-6% vs sector
2
-45.7%
+6% vs sector
€77k
-
+49% vs sector
€5k
-93.4%
-73% vs sector
€345k
-
far above sector median
€245k
+0.4%
+190% vs sector
€241k
-1.4%
+278% vs sector
1.60
-20.4%
-72% vs sector
1.60
-20.4%
-72% vs sector
27.6%
-36.2%
-64% vs sector
2.18
-
far above sector median
-99.4%
-
far below sector median
-27.4%
-
far below sector median
-9.19
-
far below sector median
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Revenue | - |
| EBITDA | €-106k |
| Net profit | €-112k |
| Cash flow | €-105k |
| Staff costs | €77k |
| Income taxes | - |
| Dividends | - |
| Total assets | €408k |
| Equity | €112k |
| Debt | €245k |
| of which ≤ 1y | €241k |
| of which > 1y | - |
| Working capital | €145k |
| Employees (FTE) | 1.9 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 1.60 |
| Quick ratio | 1.60 |
| Working capital ratio | 35.6% |
| Solvency | 27.6% |
| Debt / equity | 2.18 |
| Long-term debt ratio | - |
| Interest coverage | -9.19 |
| Gross margin | - |
| Net margin | - |
| ROA | -27.4% |
| ROE | -99.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €408k |
| Fixed assets | 21/28 | €22k |
| Tangible fixed assets | 22/27 | €22k |
| Current assets | 29/58 | €386k |
| Amounts receivable within one year | 40/41 | €205k |
| Cash & bank | 54/58 | €181k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €408k |
| Equity | 10/15 | €112k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €92k |
| Provisions & deferred taxes | 16 | €50k |
| Amounts payable | 17/49 | €245k |
| Amounts payable within one year | 42/48 | €241k |
| Trade debts payable within one year | 44 | €232k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €-112k |
| Financial income | 75 | €12k |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €-112k |
| Net result for the period | 9904 | €-112k |
| Result to be appropriated | 9905 | €-112k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FRANK VERHAEGEN V. BRAECKMANLAAN 121,
9040 SINT-AMANDSBERG |
06-06-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43310) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 22-06-2007 |
| Status | Active |
| Postal code | 9920 |
| First BS signal | 12-06-2023 |
| Latest BS signal | 12-06-2023 |
Company structure, linked entities
Mandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units
Quality Wall
since 20072.163.588.562
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B1127/00M000 | Flanders | 408 m² | 1 · 86 m² | 6.8 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
12-06-2023
Bankruptcy
Opening
2022
11-05-2022
NBB filing
Annual accounts filed
2021
21-05-2021
NBB filing
Annual accounts filed
2020
20-05-2020
NBB filing
Annual accounts filed
2019
13-05-2019
NBB filing
Annual accounts filed
2018
30-04-2018
NBB filing
Annual accounts filed
2017
06-04-2017
NBB filing
Annual accounts filed
2016
27-04-2016
NBB filing
Annual accounts filed
2015
31-03-2015
NBB filing
Annual accounts filed
2014
21-03-2014
NBB filing
Annual accounts filed
2013
23-04-2013
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
12-06-2023
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Stukadoorswerk43310Stukadoorswerk43310Stukadoorswerk45410Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331Schilderen van gebouwen43341Schilderen van gebouwen43341Plaatsen van vloer- en wandtegels45431Schilderen45441
Primary activity highlighted.
Names & trade names
| Legal nameNL | QUALITY WALL |
Registered office
Appensvoordestraat 39
9920 Lievegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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