QUALITY WINES
Open bankruptcyA bankruptcy procedure is open for QUALITY WINES according to publications in the Belgian State Gazette; curator: BRECHT DAWYNDT.
Summary
The 2024 annual accounts show negative equity (-€141,963) and a net result of -€21,081.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Veurne division
- Declared bankrupt
- 10 April 2025
- Supervising judge
- Andy Gernaey
- Official Gazette
- 16-04-2025 (pdf) ↗search the document for 2025/116461
Deadlines
- Provisional date payments stopped
- 10 April 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 1 May 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 May 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 May 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 10 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Brecht DawyndtZeelaan 195, 8670 Koksijdebrecht.dawyndt@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of QUALITY WINES in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 30-10-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
1 d early
2023
25 d early
2022
4 d late
2021
4 d late
2020
13 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Wholesale of beverages, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€141,963▼ 17.4%
2023 · -€120,882
Total assets
€137,630▼ 7.7%
2023 · €149,045
Net result
-€21,081▼ 140%
2023 · -€8,776
Working capital
-€106,230▼ 45.1%
2023 · -€73,226
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€11,585▲ 27.2%-€676▲ 94.2%€18,321€349▼ 98.1%-€12,691
Net result-€15,696below the sector's middle half▲ 18.8%-€7,411below the sector's middle half▲ 52.8%€8,416within the sector's middle half-€8,776below the sector's middle half-€21,081below the sector's middle half▼ 140%
Equity-€113,110below the sector's middle half▼ 16.1%-€120,522below the sector's middle half▼ 6.6%-€112,106below the sector's middle half▲ 7.0%-€120,882below the sector's middle half▼ 7.8%-€141,963below the sector's middle half▼ 17.4%
Total assets€175,544within the sector's middle half▼ 9.2%€140,941within the sector's middle half▼ 19.7%€158,305within the sector's middle half▲ 12.3%€149,045within the sector's middle half▼ 5.8%€137,630within the sector's middle half▼ 7.7%
Debt€288,655▼ 0.7%€261,463▼ 9.4%€270,411▲ 3.4%€269,927▼ 0.2%€279,593▲ 3.6%
Working capital-€135,708▼ 13.7%-€63,165▲ 53.5%-€58,745▲ 7.0%-€73,226▼ 24.7%-€106,230▼ 45.1%
Solvency-64.4%below the sector's middle half▼ 14.0pp-85.5%below the sector's middle half▼ 21.1pp-70.8%below the sector's middle half▲ 14.7pp-81.1%below the sector's middle half▼ 10.3pp-103.1%below the sector's middle half▼ 22.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12,691 after €349 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137,630
Fixed assets
€35,178 ▲ 276%
Current assets
€102,452 ▼ 26.7%
Key figures and ratios
EBITDA
-€7,092▼
2023 · €2,001
Cash flow
-€15,482▼
2023 · -€7,125
Current ratio
0.49▼
2023 · 0.66
Quick ratio
0.08▲
2023 · 0.07
Debt to equity
-1.97▲
2023 · -2.23
ROA
-15.3%▼
2023 · -5.9%
Interest coverage
-0.83▼
2023 · 0.22
Debt ≤ 1 year
€208,682▼
2023 · €212,919
Debt > 1 year
€70,912▲
2023 · €57,008
Income taxes
€265▲
2023 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €500 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,390 | €9,772 | €2,719 | €1,652 | €5,599 | ▲ 239% |
| Other operating charges640/8 | - | - | €6,284 | €6,050 | €5,687 | ▼ 6.0% |
| Gross operating margin9900 | €3,319 | €15,630 | €27,324 | €8,050 | -€1,405 | ▼ 117% |
| Operating profit (loss)9901 | -€11,585 | -€676 | €18,321 | €349 | -€12,691 | ▼ 3,738% |
| Financial income75/76B | - | - | €64 | €429 | €405 | ▼ 5.7% |
| Recurring financial income75 | €198 | €775 | €64 | €429 | €405 | ▼ 5.7% |
| Financial charges65/66B | - | - | €9,739 | €9,305 | €8,530 | ▼ 8.3% |
| Recurring financial charges65 | €4,054 | €7,282 | €9,739 | €9,305 | €8,530 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | -€15,442 | -€7,183 | €8,646 | -€8,527 | -€20,816 | ▼ 144% |
| Income taxes67/77 | €254 | €228 | €230 | €250 | €265 | ▲ 6.0% |
| Profit (loss) for the period9904 | -€15,696 | -€7,411 | €8,416 | -€8,776 | -€21,081 | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | -€15,696 | -€7,411 | €8,416 | -€8,776 | -€21,081 | ▼ 140% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175,544 | €140,941 | €158,305 | €149,045 | €137,630 | ▼ 7.7% |
| Fixed assets21/28 | €22,597 | €13,270 | €10,551 | €9,351 | €35,178 | ▲ 276% |
| Tangible fixed assets22/27 | €19,297 | €9,970 | €7,251 | €6,051 | €31,878 | ▲ 427% |
| Plant, machinery and equipment23 | - | - | €0 | - | €709 | - |
| Furniture and vehicles24 | - | - | €312 | €520 | €27,048 | ▲ 5,097% |
| Other tangible fixed assets26 | - | - | €6,940 | €5,530 | €4,121 | ▼ 25.5% |
| Financial fixed assets28 | €3,300 | €3,300 | €3,300 | €3,300 | €3,300 | = |
| Current assets29/58 | €152,947 | €127,671 | €147,754 | €139,694 | €102,452 | ▼ 26.7% |
| Stocks and contracts in progress3 | €136,266 | €114,249 | €134,794 | €124,321 | €85,458 | ▼ 31.3% |
| Stocks30/36 | - | - | €134,794 | €124,321 | €85,458 | ▼ 31.3% |
| Amounts receivable within one year40/41 | €14,607 | €12,688 | €12,403 | €13,913 | €14,683 | ▲ 5.5% |
| Trade receivables40 | - | - | €11,403 | €12,878 | €13,563 | ▲ 5.3% |
| Other amounts receivable41 | - | - | €1,000 | €1,036 | €1,120 | ▲ 8.2% |
| Cash at bank and in hand54/58 | €42 | €33 | €8 | €663 | €1,331 | ▲ 101% |
| Deferred charges and accrued income490/1 | - | - | €548 | €796 | €981 | ▲ 23.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175,544 | €140,941 | €158,305 | €149,045 | €137,630 | ▼ 7.7% |
| Equity10/15 | -€113,110 | -€120,522 | -€112,106 | -€120,882 | -€141,963 | ▼ 17.4% |
| Contributions10/11 | - | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €10,167 | €10,167 | €10,167 | €10,167 | €10,167 | = |
| Tax-exempt reserves132 | - | - | €10,167 | €10,167 | €10,167 | = |
| Profit (loss) carried forward14 | -€129,478 | -€136,889 | -€128,473 | -€137,250 | -€158,331 | ▼ 15.4% |
| Amounts payable17/49 | €288,655 | €261,463 | €270,411 | €269,927 | €279,593 | ▲ 3.6% |
| Amounts payable after more than one year17 | - | €70,627 | €63,913 | €57,008 | €70,912 | ▲ 24.4% |
| Financial debts170/4 | - | - | €63,913 | €57,008 | €70,912 | ▲ 24.4% |
| Amounts payable within one year42/48 | €288,655 | €190,836 | €206,498 | €212,919 | €208,682 | ▼ 2.0% |
| Current portion of amounts payable after more than one year42 | - | - | €6,714 | €6,905 | €12,693 | ▲ 83.8% |
| Financial debts43 | - | - | €24,717 | €24,220 | €24,579 | ▲ 1.5% |
| Credit institutions430/8 | - | - | €24,717 | €24,220 | €24,579 | ▲ 1.5% |
| Trade debts44 | €119,504 | €91,472 | €96,591 | €101,293 | €98,700 | ▼ 2.6% |
| Suppliers440/4 | - | - | €96,591 | €101,293 | €98,700 | ▼ 2.6% |
| Advances received on contracts in progress46 | - | - | €3,008 | €3,892 | €4,050 | ▲ 4.1% |
| Taxes, remuneration and social security45 | - | - | €35,424 | €40,110 | €26,491 | ▼ 34.0% |
| Taxes450/3 | - | - | €35,424 | €40,110 | €26,491 | ▼ 34.0% |
| Other amounts payable47/48 | - | - | €40,044 | €36,499 | €42,169 | ▲ 15.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,696 | -€7,411 | €8,416 | -€8,776 | -€21,081 | ▼ 140% |
| + Depreciation and write-downs630 | €12,390 | €9,772 | €2,719 | €1,652 | €5,599 | ▲ 239% |
| Operating cash flow (approximation) | -€3,306 | €2,361 | €11,135 | -€7,125 | -€15,482 | ▼ 117% |
| Investment in fixed assets (approximation) | - | -€445 | €0 | -€451 | -€31,426 | ▼ 6,862% |
| Change in cash | - | -€9 | -€25 | €655 | €667 | ▲ 1.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · event 10-04-2025
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€21,081
Net result drops to -€21,081, the lowest in the series.
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
31-03
Financial
Back to profitnet €8,416
Net result €8,416 after 3 loss-making years.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Veurne · 1 establishment unit since 2016
Ground area
6,354 m²
Building footprint
1,602 m²
Volume, LiDAR
6,050 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Quality Wines
since 20162.268.916.310
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0207/00T000 | Flanders | 5,689 m² | 1 · 1,445 m² | 8.6 m · 1 fl. |
| 38025B0007/00M005 | Flanders | 665 m² | 1 · 157 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRECHT DAWYNDT ZEELAAN 195, 8670 KOKSIJDE- |
10-04-2025 → present |
Similar companies · same sector and region
DE BOETELING
BE 0873.128.177
Veurne
Dranken Vandewoude
BE 0423.099.449
Veurne
AL MARKT
BE 0429.614.681
Kortrijk
ALL DRINKS BEVERNAGIE
BE 0405.163.654
Lichtervelde
ARIES FOUNDATION
BE 0419.206.383
Brugge
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,582 companies in sector 46349 we hold annual accounts for 989. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-04-2009
Fiscal year end31-03
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
46389Wholesale of other food products
47252Retail sale of beverages, general range
47279Other retail sale of food
82300Organisation of conventions and trade shows
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.