QUEEN ROSE

Active

Private limited companyfounded 20206 yrs activeRue Paul Janson 14, 4040 Herstal, BelgiumKBO/BCE: BE 0748.608.584

The computed 12-month bankruptcy probability of QUEEN ROSE is 2.3% (moderate). The 2024 annual accounts show equity of €79k and a net result of €22k. Equity is growing by ~59.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 15866 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

45 / 100

Fair▼ -41 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+45

Solvency49▼-21

Growth85=

Stability100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity short (current ratio 0.96 against 1.34 in 2023), and 68.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

31.5%

Return on assets

8.7%

Age of the figures

20 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

97 d late

2023

69 d late

2022

58 d late

2021

82 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€836k▲ 35.5%

2022 · €617k

2021: €383k 2022: €617k

2021 → 2023

EBIT margin

4.0%▲ 0.8pp

2022 · 3.2%

2021: 0.7% 2022: 3.2%

2021 → 2023

Net result

€22k▼ 30.5%

2023 · €31k

2021: €2k 2022: €18k 2023: €31k

2021 → 2024

Working capital

€-6k

2023 · €28k

2021: €-13k 2022: €8k 2023: €28k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€383k-€617k▲ 61.0%€836k▲ 35.5%

Equity€7k-€26k▲ 260%€57k▲ 123%€79k▲ 38.2%

Operating result€3k-€19k▲ 662%€33k▲ 69.6%€28k▼ 15.8%

Net result€2k-€18k▲ 781%€31k▲ 69.7%€22k▼ 30.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 16% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €250k

33.9%

66.1%

Fixed assets €85k▲ 194%

Current assets €165k▲ 47.9%

Equity and liabilities €250k

31.5%

68.5%

Equity €79k▲ 38.2%

Debt €171k▲ 105%

The debt ratio rises from 59.5% to 68.5%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

Solvency

31.5%▼

2023 · 40.5%

Current ratio

0.96▼

2023 · 1.34

Quick ratio

0.13▼

2023 · 0.67

Debt / equity

2.18▲

2023 · 1.47

ROE

27.7%▼

2023 · 55.1%

ROA

8.7%▼

2023 · 22.3%

Debt

€171k▲

2023 · €84k

Debt ≤ 1 year

€171k▲

2023 · €84k

Staff costs

€153k▲

2023 · €112k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€140k€250k▲

Fixed assets21/28€29k€85k▲

Intangible fixed assets21€312€312=

Tangible fixed assets22/27€12k€68k▲

Plant, machinery and equipment23€12k€68k▲

Financial fixed assets28€16k€16k=

Current assets29/58€112k€165k▲

Stocks and contracts in progress3€55k€143k▲

Stocks30/36€55k€143k▲

Amounts receivable within one year40/41€56k€21k▼

Trade receivables40€55k€7k▼

Other amounts receivable41€677€15k▲

Cash at bank and in hand54/58€121€429▲

Equity and liabilities

Total equity and liabilities10/49€140k€250k▲

Equity10/15€57k€79k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€52k€74k▲

Amounts payable17/49€84k€171k▲

Amounts payable within one year42/48€84k€171k▲

Financial debts43€9k€16k▲

Credit institutions430/8€9k€16k▲

Trade debts44€24k€51k▲

Suppliers440/4€24k€51k▲

Taxes, remuneration and social security45€23k€41k▲

Taxes450/3€6k€8k▲

Remuneration and social security454/9€18k€34k▲

Other amounts payable47/48€27k€63k▲

Income statement Code20232024

Turnover70€836k-

Goods, raw materials, services and sundry goods60/61€684k-

Remuneration, social security and pensions62€112k€153k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-

Other operating charges640/8€3k€7k▲

Gross operating margin9900€152k€188k▲

Operating profit (loss)9901€33k€28k▼

Financial income75/76B€0€0▼

Recurring financial income75€0€0▼

Financial charges65/66B€2k€6k▲

Recurring financial charges65€2k€6k▲

Profit (loss) for the period before taxes9903€31k€22k▼

Profit (loss) for the period9904€31k€22k▼

Profit (loss) for the period to be appropriated9905€31k€22k▼

Appropriation of the result

Profit (loss) to be appropriated9906€52k€74k▲

Profit (loss) brought forward from the previous period14P€21k€52k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

05-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 97 days late

2024

08-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 69 days late

2023

31-12

Financial Highest result since 2021net €31k ▲69.7%

Operating result €33k, net result €31k, both a record.

27-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 58 days late

2022

21-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 82 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2022

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

19-07-2022 SALHAP Sulaf: Resigned as Director

12-03-2022 DARWISH Nour: Resigned as Managing director

Location & real-estate footprint

Registered office, Herstal · 2 establishment units since 2020

establishment All 2 establishment units on the map

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.

Rue Paul Janson 144040 Herstal

Ground area

521 m²

Building footprint

145 m²

Volume, LiDAR

1,100 m³

3 parcels, Wallonia · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

QUEEN ROSE

Place Jean Jaurès 34, 4040 HerstalRetail trade

since 20202.305.077.118

QUEEN ROSE 2

Rue Puits-en-Sock 67, 4020 LiègeManufacture of food products

since 20242.364.091.819

3 parcels

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62808A0721/00N000	Wallonia	264 m²	1 · 51 m²	15.3 m · 4 fl.
62051C0992/00E000	Wallonia	176 m²	1 · 52 m²	-
62051C0933/00T000	Wallonia	81 m²	1 · 42 m²	12.4 m · 3 fl.