Quarti
ActiveSummary
Quarti has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €602,537 and a net result of €145,211. Equity has been growing by about 74% per year since 2018. Its solvency ranks better than 56% of 612 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-01-2011 Normal situation
- Activity
- Retail sale of meat and meat products, excluding game and poultry NACE 47221and 3 others
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 31-03-2026
- Establishment unit
- 2.196.720.693 9150 Beveren-Kruibeke-Zwijndrecht, since 07-03-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 31-08-2023
Board and ownership
- JORIS KURTDirector · since 12-12-2019
- KURT JORIS100%annual accounts 31-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €680,100
- ▼ 3.8%
- Turnover
- ≈ €3.3m
- estimated
- Profit
- €145,211
- ▼ 16.3%
- Equity
- €602,537
- ▲ 31.8%
- Total assets
- €1.6m
- ▲ 16.3%
- Employees on 31-03-2026
- 12
- ▼ 14.3%
Score breakdownraises riskSize: 9.2 FTE, total assets €1.6mlowers riskFounded in 2011Profit of €145,211 (financial year 2026)Figures for financial year 2026 (filed on 13-10-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 53% of them on solvency, 63% on liquidity, 71% on profitability and 80% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 13-10-2026 at the NBB all 15 filings
2022 to 2026, 5 financial years 2018 to 2026, 8 financial years
The operating result for 2026 is 15% lower than in 2025.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 15 | 14 | 14 | 12 |
| full-time | 4 | 7 | 6 | 6 | 5 |
| part-time | 6 | 8 | 8 | 8 | 7 |
| in full-time equivalents | 5.7 | 9.3 | 8 | 9.1 | 7.5 |
| Average over the year, in full-time equivalents | 5.4 | 7.8 | 9 | 9.4 | 9.2 |
| On a permanent contract | 6 | 9 | 9 | 8 | 6 |
| Joined | 46 | 79 | 94 | 68 | 85 |
| Left | 46 | 74 | 95 | 68 | 87 |
Source: social balance sheet in the 2022 to 2026 annual accounts
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €835,759 | €767,351 | €706,528 | €800,891 |
| Mortgages, amount registered | - | €886,000 | €886,000 | €886,000 | €1.1m |
| Carrying value of the mortgaged assets | - | €747,922 | €714,780 | €680,627 | €851,087 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €17,063 | €771,731 | €24,505 | €134,609 | €225,020 |
| Depreciation and write-downs of the year | €37,000 | €68,574 | €80,670 | €99,045 | €116,891 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €840 awarded · €840 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €176 | €176 |
| 2024 | 1 | €176 | €176 |
| 2023 | 1 | €353 | €353 |
| 2022 | 1 | €135 | €135 |
Comparable companies
These companies have the same main activity as Quarti: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €1.1m and €1.8m, founded between 2006 and 2013.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Quarti Beveren-Kruibeke-Zwijndrecht | 2011 | €1.6m | €0.6m | €0.7m | €0.1m | 9.2 | 2026 |
| Buermans R. Herselt | 2010 | €1.6m | €0.4m | €0.8m | €0.1m | 9 | 2025 |
| Lavori Aalter | 2011 | €1.1m | -€0.4m | €0.7m | -€0.03m | 9 | 2025 |
| HELO Antwerpen | 2006 | €1.8m | €0.4m | €0.8m | €0.002m | 9.7 | 2026 |
| Van Ballaert Brecht | 2010 | €1.6m | €0.9m | €0.9m | €0.2m | 11.1 | 2025 |
| KEURSLAGER TAVERNIER Oostende | 2013 | €1.6m | €1.2m | €0.9m | €0.3m | 8.3 | 2025 |
| Boucherie LAVAL Stavelot | 2012 | €1.6m | €1.0m | €0.9m | €0.3m | 10.6 | 2025 |
They were chosen from the 1,642 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as Quarti has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Quarti itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 34,693 companies, not a prediction for Quarti. 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.
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,600 | - | €8,500 | €1,540 | ▼ 81.9% |
| Remuneration, social security and pensions62 | - | - | - | €225,428 | €247,166 | €306,598 | €337,377 | €310,856 | ▼ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,302 | €77,423 | €43,834 | €37,000 | €68,574 | €80,670 | €99,045 | €116,891 | ▲ 18.0% |
| Other operating charges640/8 | - | - | - | €2,783 | €3,308 | €2,926 | €3,770 | €25,704 | ▲ 582% |
| Gross operating margin9900 | €218,475 | €262,232 | €233,299 | €303,791 | €384,500 | €631,421 | €706,923 | €680,100 | ▼ 3.8% |
| Operating profit (loss)9901 | -€144 | €15,657 | €27,316 | €38,579 | €65,452 | €241,226 | €266,730 | €226,650 | ▼ 15.0% |
| Financial income75/76B | - | - | - | €1,998 | €414 | €1,880 | €3,065 | €7,102 | ▲ 132% |
| Recurring financial income75 | €3 | €147 | €102 | €748 | €414 | €1,880 | €3,065 | €7,102 | ▲ 132% |
| Non-recurring financial income76B | - | - | - | €1,250 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €8,814 | €21,055 | €25,497 | €22,746 | €25,885 | ▲ 13.8% |
| Recurring financial charges65 | €10,086 | €12,491 | €8,011 | €8,814 | €21,055 | €25,497 | €22,746 | €25,885 | ▲ 13.8% |
| Profit (loss) for the period before taxes9903 | -€10,227 | €1,595 | €19,407 | €31,763 | €44,811 | €217,609 | €247,050 | €207,867 | ▼ 15.9% |
| Income taxes67/77 | - | €830 | €2,161 | €7,279 | €4,259 | €35,703 | €73,536 | €62,656 | ▼ 14.8% |
| Profit (loss) for the period9904 | -€10,227 | €765 | €17,246 | €24,484 | €40,552 | €181,906 | €173,514 | €145,211 | ▼ 16.3% |
| Profit (loss) for the period to be appropriated9905 | -€10,227 | €765 | €17,246 | €24,484 | €40,552 | €181,906 | €173,514 | €145,211 | ▼ 16.3% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.5m | €0.4m | €0.4m | €0.4m | €1.2m | €1.3m | €1.4m | €1.6m | ▲ 16.3% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.4m | €1.1m | €1.0m | €1.0m | €1.1m | ▲ 9.9% |
| Intangible fixed assets21 | €0.02m | €0.008m | - | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.4m | €0.4m | €1.1m | €1.0m | €1.0m | €1.1m | ▲ 9.9% |
| Land and buildings22 | - | - | - | €0.3m | €0.7m | €0.7m | €0.7m | €0.9m | ▲ 25.0% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 15.5% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.01m | €0.008m | €0.02m | €0.006m | ▼ 72.4% |
| Current assets29/58 | €0.07m | €0.05m | €0.05m | €0.04m | €0.1m | €0.3m | €0.3m | €0.5m | ▲ 35.3% |
| Stocks and contracts in progress3 | €0.01m | €0.01m | €0.01m | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 3.5% |
| Stocks30/36 | - | - | - | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 3.5% |
| Amounts receivable within one year40/41 | €0.01m | €0.006m | €0.002m | €0.005m | €0.03m | €0.06m | €0.1m | €0.3m | ▲ 172% |
| Trade receivables40 | - | - | - | €0.002m | €0.02m | €0.01m | €0.02m | €0.004m | ▼ 81.7% |
| Other amounts receivable41 | - | - | - | €0.003m | €0.01m | €0.05m | €0.07m | €0.3m | ▲ 259% |
| Cash at bank and in hand54/58 | €0.04m | €0.03m | €0.03m | €0.02m | €0.04m | €0.1m | €0.2m | €0.1m | ▼ 21.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.01m | €0.04m | €0.04m | €0.03m | ▼ 10.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.5m | €0.4m | €0.4m | €0.4m | €1.2m | €1.3m | €1.4m | €1.6m | ▲ 16.3% |
| Equity10/15 | €0.02m | €0.02m | €0.04m | €0.06m | €0.1m | €0.3m | €0.5m | €0.6m | ▲ 31.8% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.01m | €0.009m | €0.02m | €0.04m | €0.08m | €0.3m | €0.4m | €0.6m | ▲ 33.1% |
| Distributable reserves133 | - | - | - | €0.04m | €0.08m | €0.3m | €0.4m | €0.6m | ▲ 33.1% |
| Profit (loss) carried forward14 | -€0.01m | -€0.009m | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.5m | €0.4m | €0.4m | €0.3m | €1.1m | €1.0m | €0.9m | €1.0m | ▲ 8.7% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.2m | €0.2m | €0.8m | €0.7m | €0.6m | €0.7m | ▲ 15.5% |
| Financial debts170/4 | - | - | - | €0.2m | €0.8m | €0.7m | €0.6m | €0.7m | ▲ 15.5% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 6.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.06m | €0.06m | €0.07m | €0.06m | ▼ 7.1% |
| Financial debts43 | - | - | - | €0.05m | €0.03m | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.05m | €0.03m | - | - | - | - |
| Trade debts44 | €0.08m | €0.06m | €0.05m | €0.04m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 18.0% |
| Suppliers440/4 | - | - | - | €0.04m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 18.0% |
| Advances received on contracts in progress46 | - | - | - | - | €0.001m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.05m | €0.09m | €0.08m | €0.04m | ▼ 51.2% |
| Taxes450/3 | - | - | - | €0.01m | €0.009m | €0.04m | €0.02m | €0.01m | ▼ 45.8% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.05m | €0.05m | €0.06m | €0.03m | ▼ 53.3% |
| Other amounts payable47/48 | - | - | - | - | €290 | - | - | €0.003m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €210 | €148 | €268 | ▲ 81.1% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,227 | €765 | €17,246 | €24,484 | €40,552 | €181,906 | €173,514 | €145,211 | ▼ 16.3% |
| + Depreciation and write-downs630 | €58,302 | €77,423 | €43,834 | €37,000 | €68,574 | €80,670 | €99,045 | €116,891 | ▲ 18.0% |
| Operating cash flow (approximation) | €48,075 | €78,189 | €61,080 | €61,485 | €109,126 | €262,577 | €272,559 | €262,102 | ▼ 3.8% |
| Investment in fixed assets (approximation) | - | - | -€24,971 | -€17,063 | -€771,731 | -€24,505 | -€134,609 | -€220,309 | ▼ 63.7% |
| Change in cash | - | - | €7,970 | -€14,535 | €24,687 | €89,811 | €48,105 | -€38,218 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 13-10-2026 | 2026-00555101 | NBB |
| 31-03-2025 | abbreviated format | 29-10-2025 | 2025-00552015 | |
| 31-03-2024 | abbreviated format | 02-10-2024 | 2024-00487676 | |
| 31-03-2023 | abbreviated format | 03-10-2023 | 2023-00467655 | |
| 31-03-2022 | abbreviated format | 28-10-2022 | 2022-20486410 | |
| 31-03-2021 | abbreviated format | 02-11-2021 | 2021-75600568 | |
| 31-03-2020 | abbreviated format | 30-10-2020 | 2020-66700009 | |
| 31-12-2018 | abbreviated format | 06-08-2019 | 2019-44200490 | |
| 31-12-2017 | abbreviated format | 12-07-2018 | 2018-32000002 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-50100378 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- KURT JORISnatural personSourceown accounts 31-03-2026100%
Network & group
Connections & network
1 current directorThe network starts from the directors of Quarti. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46001B0088/00E000 | Flanders | 339 m² | 1 · 296 m² | 11.6 m · 1 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.