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QUILLAJA FLOWERS

Active
Public limited companyfounded 199332 yrs activeWolvertemsesteenweg 28, 1850 Grimbergen, BelgiumKBO/BCE: BE 0451.085.236
Summary

QUILLAJA FLOWERS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €292k and a net result of €4k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
86 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 4.27 in 2023; short-term debt: 22.4% and cash: 85.2% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
382 d late
2022
748 d late
2021
31 d late
2020
84 d late
2018
30 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

Equity
€292k▲ 1.4%
2023 · €288k
2018: €229k 2020: €260k 2021: €270k 2022: €279k 2023: €288k
2018 → 2024
Total assets
€377k▲ 3.5%
2023 · €364k
2018: €305k 2020: €339k 2021: €343k 2022: €356k 2023: €364k
2018 → 2024
Net result
€4k▼ 56.5%
2023 · €9k
2018: €20k 2020: €17k 2021: €10k 2022: €9k 2023: €9k
2018 → 2024
Working capital
€255k▲ 3.3%
2023 · €247k
2018: €185k 2020: €219k 2021: €220k 2022: €234k 2023: €247k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€260k-€270k▲ 3.7%€279k▲ 3.5%€288k▲ 3.3%€292k▲ 1.4%
Operating result€8k-€15k▲ 77.1%€15k=€12k▼ 15.2%€6k▼ 53.2%
Net result€17k-€10k▼ 44.6%€9k▼ 1.8%€9k▼ 2.5%€4k▼ 56.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2020: €8k€8kNet result 2020: €17k€17kOperating result 2021: €15k€15kNet result 2021: €10k€10kOperating result 2022: €15k€15kNet result 2022: €9k€9kOperating result 2023: €12k€12kNet result 2023: €9k€9kOperating result 2024: €6k€6kNet result 2024: €4k€4k20202021202220232024€0€5k€10k€15kOperating result 2022: €15k€15kNet result 2022: €9k€9.5kOperating result 2023: €12k€12kNet result 2023: €9k€9.2kOperating result 2024: €6k€5.8kNet result 2024: €4k€4k202220232024
The operating result has fallen three years in a row; 2024 is 53% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €377k
Fixed assets €37k ▼ 10.0%
Current assets €339k ▲ 5.2%
Equity and liabilities €377k
Equity €292k ▲ 1.4%
Debt €84k ▲ 11.6%
Debt's share of the balance-sheet total rises from 20.8% to 22.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€10k
2023 · €16k
Cash flow
€8k
2023 · €13k
Current ratio
4.02
2023 · 4.27
Quick ratio
3.97
2023 · 4.21
Debt to equity
0.29
2023 · 0.26
ROE
1.4%
2023 · 3.2%
ROA
1.1%
2023 · 2.5%
Interest coverage
39.83
2023 · 20.44
Debt ≤ 1 year
€84k
2023 · €76k
Income taxes
€2k
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€364k€377k
Fixed assets21/28€41k€37k
Tangible fixed assets22/27€41k€37k
Land and buildings22€31k€30k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€8k€4k
Current assets29/58€323k€339k
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€11k€14k
Trade receivables40€10k€13k
Other amounts receivable41€1k€1k
Cash at bank and in hand54/58€307k€321k
Equity and liabilities
Total equity and liabilities10/49€364k€377k
Equity10/15€288k€292k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€56k€60k
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€50k€54k
Profit (loss) carried forward14€170k€170k=
Amounts payable17/49€76k€84k
Amounts payable within one year42/48€76k€84k
Trade debts44€7k€15k
Suppliers440/4€7k€15k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€68k€68k=
Income statement Code20232024
Remuneration, social security and pensions62€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€3k€2k
Gross operating margin9900€27k€12k
Operating profit (loss)9901€12k€6k
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€803€248
Recurring financial charges65€803€248
Profit (loss) for the period before taxes9903€13k€6k
Income taxes67/77€3k€2k
Profit (loss) for the period9904€9k€4k
Profit (loss) for the period to be appropriated9905€9k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€179k€174k
Profit (loss) brought forward from the previous period14P€170k€170k=
Transfer to equity691/2€9k€4k
To other reserves6921€9k€4k

The notes to these accounts (5 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

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
17-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 382 days late
17-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 748 days late
2024
31-12
Financial Weakest financial yearnet €4k ▼56.5%
Net result drops to €4k, the lowest in the series.
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
23-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 84 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
04-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
2016
12-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
2015
17-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 1994
establishment The establishment unit 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.

Wolvertemsesteenweg 281850 Grimbergen
Ground area
576 m²
Building footprint
181 m²
Volume, LiDAR
1,984 m³
Parcel 23402E0266/00E007, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
QUILLAJA FLOWERS NV
Wolvertemsesteenweg 28, 1850 GrimbergenNACE 52483
since 19942.064.938.275
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23402E0266/00E007 Flanders 575 m² 1 · 181 m² 13.1 m · 4 fl.
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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 156 EUR awarded · 156 EUR paid
Year Entries awardedpaid
2022 1 156 EUR156 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 156 EUR · 156 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 894 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded11-10-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:022709750
Establishment Grimbergen 2.064.938.275