Quality Work
ActiveThe computed 12-month bankruptcy probability of Quality Work is 2.9% (moderate). The 2025 annual accounts show equity of €36k and a net result of €50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 27451 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+6
Solvency57▲+54
Growth32=
Track record92
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.31 in 2024; short-term debt: 68.1% and cash: 47.4% of total assets), and 68.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
31.9%
Return on assets
44.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 16-07-2026, 15 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
15 d early
2024
1 d late
2023
8 d early
2022
49 d late
2021
24 d early
2020
32 d early
2019
38 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k
2024 · €-14k
2019: €79k
2020: €23k
2021: €-17k
2022: €-24k
2023: €-27k
2024: €-14k
2019 → 2025
Total assets
€113k▲ 80.8%
2024 · €63k
2019: €119k
2020: €65k
2021: €32k
2022: €19k
2023: €15k
2024: €63k
2019 → 2025
Net result
€50k▲ 293%
2024 · €13k
2019: €73k
2020: €-63k
2021: €-41k
2022: €-7k
2023: €-3k
2024: €13k
2019 → 2025
Working capital
€-14k▲ 74.1%
2024 · €-53k
2019: €52k
2020: €2k
2021: €-34k
2022: €-35k
2023: €-32k
2024: €-53k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-17k-€-24k▼ 38.6%€-27k▼ 10.8%€-14k▲ 48.0%€36k
Operating result€-43k-€-7k▲ 84.5%€-3k▲ 60.2%€13k€50k▲ 286%
Net result€-41k-€-7k▲ 83.6%€-3k▲ 61.1%€13k€50k▲ 293%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 286% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€50k▲ 28.0%
Current assets
€63k▲ 168%
Equity and liabilities €113k
Equity
€36k
Debt
€77k
Debt finances 68.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€60k▲
2024 · €18k
Cash flow
€60k▲
2024 · €17k
Solvency
31.9%▲
2024 · -22.0%
Current ratio
0.82▲
2024 · 0.31
Quick ratio
0.82▲
2024 · 0.31
Debt / equity
2.13▲
2024 · -5.54
ROE
138.1%
ROA
44.1%▲
2024 · 20.3%
Interest coverage
212.80▲
2024 · 71.03
Debt
€77k▲
2024 · €76k
Debt ≤ 1 year
€77k▲
2024 · €76k
Staff costs
€51k▲
2024 · €216
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€63k€113k▲
Fixed assets21/28€39k€50k▲
Tangible fixed assets22/27€39k€43k▲
Plant, machinery and equipment23€488€225▼
Furniture and vehicles24€38k€43k▲
Financial fixed assets28-€7k
Current assets29/58€24k€63k▲
Amounts receivable within one year40/41€12k€10k▼
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€11k€54k▲
Equity and liabilities
Total equity and liabilities10/49€63k€113k▲
Equity10/15€-14k€36k▲
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-29k€21k▲
Amounts payable17/49€76k€77k▲
Amounts payable within one year42/48€76k€77k▲
Trade debts44€24k€28k▲
Suppliers440/4€24k€28k▲
Taxes, remuneration and social security45-€14k
Taxes450/3-€2k
Remuneration and social security454/9-€12k
Other amounts payable47/48€52k€36k▼
Income statement
Code20242025
Remuneration, social security and pensions62€216€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€47k
Other operating charges640/8-€8k
Gross operating margin9900€18k€166k▲
Operating profit (loss)9901€13k€50k▲
Financial income75/76B-€127
Recurring financial income75-€127
Non-recurring financial income76B-€127
Financial charges65/66B€248€284▲
Recurring financial charges65€248€284▲
Non-recurring financial charges66B-€284
Profit (loss) for the period before taxes9903€13k€50k▲
Profit (loss) for the period9904€13k€50k▲
Profit (loss) for the period to be appropriated9905€13k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€21k▲
Profit (loss) brought forward from the previous period14P€-42k€-29k▲
The notes to these accounts (7 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-12
KBO administration
Address struck
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after 4 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-63k ▼186%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial 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, Machelen (Brab.) · 1 establishment unit since 2018
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.
Rittwegerlaan 501830 Machelen (Brab.)Ground area
1.0 ha
Building footprint
4,313 m²
Volume, LiDAR
5,650 m³
Parcel 23047A0435/00Z011, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
1 establishment unit
Quality Floor
since 20182.284.378.803
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0435/00Z011 | Flanders | 1.0 ha | 1 · 4,313 m² | 7.0 m |
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.
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Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,510 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.