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Quality Work

Active
Private limited companyfounded 2018active for 8 yearsRittwegerlaan 50, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0700.727.010
Summary

Quality Work has been active since 2018 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries. The 2025 annual accounts show equity of €36,158 and a net result of €49,941. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 34% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 08-08-2018 Normal situation
Registered office
20 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Floor and wall tiling NACE 43331and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.284.378.803 1830 Machelen (Brab.), since 08-08-2018
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€166,221
▲ 831%
Turnover
≈ €550,000
estimated
Profit
€49,941
▲ 293%
Equity
€36,158
Total assets
€113,213
▲ 80.8%
Employees on 31-12-2025
1
Filed on 16-07-2026, 15 days before the deadline
Score breakdownraises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBOlowers riskLiquidity: current ratio 0.82, cash €53,615Figures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 57+54
equity 31.9% of total assets
Liquidity 64+42
short-term debt 68.1% · cash 47.4%
Profitability 100+6
return on assets 44.1%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.6%▼ -0.1 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.7%▲ +0.1 percentage points vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.6%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 4.2%▲ +2.5 percentage points vs 07-2025 09-2025: 2.8%▼ -1.4 percentage points vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 5.2%▲ +2.4 percentage points vs 12-2025 02-2026: 5.2%● unchanged vs 01-2026 03-2026: 5.2%● unchanged vs 02-2026 04-2026: 5.0%▼ -0.2 percentage points vs 03-2026 05-2026: 5.8%▲ +0.8 percentage points vs 04-2026highest value 06-2026: 5.6%▼ -0.2 percentage points vs 05-2026 07-2026: 5.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▼ -4.5 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.0%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 1.0%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.82 (0.31 in 2024), below 1. Short-term debt is 68.1% and cash 47.4% of total assets. 68.1% of the assets are financed with debt and provisions.
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 43, micro). It does better than 34% of them on solvency, 62% on liquidity, 92% on profitability and 98% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.82, cash €53,615
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
15 days early
2024
1 day late
2023
8 days early
2022
49 days late
2021
24 days early
2020
32 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
Searched, nothing found (1)
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 24 July (4 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
02-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Positive: Higher net result than 86% of companies in specialised constructionsector median €10,227 · 34,889 companies €49,941 View

Recent changes

  1. · KBO administration Address strikeout annulled
  2. · KBO administration Address struck
  3. · Gazette deed Appointment: Alexandru Fartaul (director)
All 14 events

Comparable companies

These companies have the same main activity as Quality Work: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €90,800 and €146,000, founded between 2016 and 2020.

CompanyTotal assetsGross margin
Quality Work Machelen (Brab.)€113,213€166,221
STONE DESIGN Aalst€119,301€139,793
BRT Tegelwerken Beringen€145,732€153,808
MMTBUILD Beringen€90,763€155,181
TVG projects Schoten€123,165€156,758
AF-T Brugge€105,395€115,298
Van der Meersch Lebbeke€127,588€169,075
Full comparison

Key facts about Quality Work

What is the company number of Quality Work?
The company number of Quality Work is 0700.727.010. The VAT number is the same number with BE in front: BE 0700.727.010.
Where is Quality Work based?
The registered office is at Rittwegerlaan 50, 1830 Machelen (Brab.).Company details
What does Quality Work do?
According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
What is the legal form of Quality Work?
The legal form of Quality Work is Private limited company (BV).
When was Quality Work founded?
Quality Work was founded on 08-08-2018.
Is Quality Work still active?
Yes, Quality Work is an active enterprise in the KBO register.
How many employees does Quality Work have?
Quality Work had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Quality Work fall under?
In its 2025 annual accounts, Quality Work states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Quality Work?
The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €166,221 and 62 comparable companies (NACE 433). It probably lies between €390,000 and €820,000.
Is Quality Work profitable?
In financial year 2025, Quality Work made a profit of €49,941.
Where can I find the annual accounts of Quality Work?
Quality Work filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Quality Work due?
Quality Work must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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