World Quality Systems
A bankruptcy procedure is open for World Quality Systems according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €814k and a net result of €322k.
| Equity | €814k |
| Net result | €322k |
| Staff (FTE) | 9.6 |
| Active | 18 yrs |
Mixed profile: strong on profitability, weaker on stability.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2022 |
|---|---|
| Revenue | €2.30M |
| EBITDA | €633k |
| Net profit | €322k |
| Cash flow | €521k |
| Staff costs | €303k |
| Income taxes | €101k |
| Dividends | — |
| Total assets | €2.09M |
| Equity | €814k |
| Debt | €1.27M |
| of which ≤ 1y | €1.08M |
| of which > 1y | €190k |
| Working capital | €622k |
| Employees (FTE) | 9.6 |
| 2022 | |
|---|---|
| Current ratio | 1.58 |
| Quick ratio | 1.58 |
| Working capital ratio | 29.8% |
| Solvency | 39.1% |
| Debt / equity | 1.56 |
| Long-term debt ratio | 0.23 |
| Interest coverage | 56.32 |
| Gross margin | 39.9% |
| Net margin | 14.0% |
| ROA | 15.5% |
| ROE | 39.6% |
| EBITDA margin | 27.5% |
| Days sales outstanding | 198d |
| Days payable outstanding | 138d |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €2.09M |
| Fixed assets | 21/28 | €383k |
| Tangible fixed assets | 22/27 | €374k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €1.70M |
| Amounts receivable within one year | 40/41 | €1.39M |
| Cash & bank | 54/58 | €148k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.09M |
| Equity | 10/15 | €814k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €102k |
| Accumulated profits (losses) | 14 | €692k |
| Amounts payable | 17/49 | €1.27M |
| Amounts payable after one year | 17 | €190k |
| Amounts payable within one year | 42/48 | €1.08M |
| Trade debts payable within one year | 44 | €522k |
| Income statement | ||
| Turnover | 70 | €2.30M |
| Gross operating margin | 9900 | €944k |
| Operating result | 9901 | €435k |
| Financial income | 75 | €23 |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €424k |
| Income taxes | 67/77 | €101k |
| Net result for the period | 9904 | €322k |
| Result to be appropriated | 9905 | €322k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | OLIVIER RONSE ZEVEN BUNDERSLAAN 130,
1190 BRUSSEL 19 |
03-12-2024 → present | Belgian State Gazette |
| NACE primary | — |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 16-06-2008 |
| Status | Active |
| Postal code | 1040 |
| First BS signal | 11-12-2024 |
| Latest BS signal | 11-12-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0369/00H002 | Brussels | 1,740 m² | 1 · 1,742 m² | 34.0 m · 9 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-05-2023 Transaction in capital or shares
Technical details
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Technical details
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}17-05-2023 SZILAGHY Stefan Laurentiu appointed as manager
- SZILAGHY Stefan Laurentiu — Zaakvoerder
Technical details
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}11-04-2023 Discharge granted to the board
Technical details
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}11-04-2023 Change in the board of directors
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}11-04-2023 Registered office moved from LAAKDAL to BRUSSELS
- BERGSTRAAT 5, 2430 LAAKDAL → 1040 BRUSSELS, Robert Schumanplein 6/ Box 5
Technical details
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}11-04-2023 Registered office moved from LAAKDAL to BRUSSELS
- BERGSTRAAT 5, 2430 LAAKDAL → 1040 BRUSSELS, Robert Schumanplein 6/ Box 5
Technical details
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}28-10-2022 Registered office moved from Wommelgem to Laakdal
- UILENBAAN 144/C, 2160 WOMMELGEM → Bergstraat 5, 2430 Laakdal
Technical details
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}28-10-2022 Transaction in capital or shares
Technical details
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}18-02-2022 All shares are now held by a single shareholder
Technical details
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}18-02-2022 Registered office moved from LAAKDAL to WOMMELGEM
- BERGSTRAAT 5, 2430 LAAKDAL → 2160 WOMMELGEM, Uilenbaan 144/C
Technical details
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},
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}18-02-2022 Transaction in capital or shares
Technical details
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}18-02-2022 SZILAGHY Stefan Laurentiu appointed as manager
- SZILAGHY Stefan Laurentiu — Zaakvoerder
Technical details
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}
}18-02-2022 Registered office moved from LAAKDAL to WOMMELGEM
- BERGSTRAAT 5, 2430 LAAKDAL → 2160 WOMMELGEM, Uilenbaan 144/C
Technical details
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}27-08-2019 Registered office moved from Nootstraat to Laakdal
- Princeven 3B, 2320 Nootstraat → Bergstraat 5, 2430 Laakdal
Technical details
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},
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}27-08-2019 1 director appointed, 1 resigning
- Vasile Marinescu — Zaakvoerder
- Antonia-Bianca Roatis — Zaakvoerder
Technical details
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},
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}30-10-2018 Articles of association amended
Technical details
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}
}02-08-2018 Registered office moved from Hove to Nootstraat
- Veldkantvoetweg 2 -2540 Hove → Princeven 3 B - 2320 Nootstraat
Technical details
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{
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}18-09-2017 Registered office moved from Berchem to Hove
- Fruithoflaan 38 bus 10 2600 Berchem(Antwerpen) → Veldkantvoetweg 2 2540 Hove
Technical details
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}23-01-2017 Publication in the Belgian Official Gazette — Minor change
Technical details
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"old_schedule": "eerste vrijdag van maart om twintig uur (voorheen onbekend)",
"effective_from_year": 2017,
"rule_changes_summary": "De datum van de jaarvergadering is vastgelegd op de eerste vrijdag van maart om twintig uur. Geen verandering in quorum of meerderheidsregels vermeld."
},
"detected_kind": "fiscal_year_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "Fruithoflaan 38 bus 6, 2600 Antwerpen (Berchem)",
"address_old": "Fruithoflaan 38 bus 6, 2600 Antwerpen (Berchem)",
"effective_date": "2017-01-01",
"effective_date_is_approximate": false
},
"mandate_renewal": {
"period_end": null,
"mandate_kind": "other",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": null
},
"subject_company": {
"kbo": "0898.589.786",
"name_full": "Antwerp Fashion Affair",
"legal_form": "BV"
},
"accounts_deposit": {
"filing_kind": "standard",
"fiscal_year_end": "2017-09-30",
"filing_reference": null
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrijft pv",
"geco\u00F6rdineerde statuten"
],
"fiscal_year_change": {
"new_end_mm_dd": "30-09",
"old_end_mm_dd": "31-12",
"new_start_mm_dd": "10-01",
"old_start_mm_dd": "01-01",
"first_full_new_year": 2018,
"transition_period_end": "2017-09-30"
},
"liquidation_closure": {
"liquidator_name": null,
"discharge_granted": false,
"deficit_amount_eur": null,
"deficit_or_surplus": null,
"liquidator_address": null,
"surplus_amount_eur": null,
"court_decision_date": null,
"books_custodian_name": null,
"court_approving_plan": null,
"books_custody_address": null
},
"officer_designation": {
"role": "other",
"organ": null,
"person_name": null
},
"special_procuration": {
"grantee_kbo": null,
"grantee_name": null,
"grantor_name": null,
"scope_summary": null,
"monetary_cap_eur": null,
"scope_categories": [],
"termination_clause": null,
"substitution_allowed": false
},
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": {
"licence_kind": "other",
"effective_date": null,
"new_holder_name": null,
"old_holder_name": null
},
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}09-06-2016 Registered office moved from Antwerpen to Berchem
- Godefriduskaai 20 bus E 2000 Antwerpen → Fruithoflaan 38 bus 6 2600 Berchem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "unite_exploitation",
"new_address": {
"raw": "Fruithoflaan 38 bus 6 2600 Berchem",
"city": "Berchem",
"region": "vlaams_gewest",
"street": "Fruithoflaan",
"country": "BE",
"postcode": "2600",
"box_number": "6",
"street_number": "38",
"locality_suffix": null
},
"old_address": {
"raw": "Godefriduskaai 20 bus E 2000 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Godefriduskaai",
"country": "BE",
"postcode": "2000",
"box_number": "E",
"street_number": "20",
"locality_suffix": null
},
"effective_date": "2016-05-31",
"evidence_quote": "De voorzitter brengt mondeling verslag uit over de werking van de handel. Hierop wordt voorgesteld de maatschappelijke en de exploitatiezetel te wijzigen vanaf 31/5/2016 naar: Fruithoflaan 38 bus 6 2600 Berchem",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "werkelijke",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Caroline Ex",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2016-05-31",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2016-05-31",
"unanimous": true
},
"subject_company": {
"kbo": "0898.589.786",
"name_full": "Antwerp Fashion Affair",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Caroline Ex",
"org_rep_person_name": null,
"person_role_at_subject": "Zaakvoerder"
},
"co_filed_documents": [
"Uittreksel uit de buitengewone algemene vergadering van 31 mei 2016"
]
}04-06-2015 Registered office moved within Antwerpen
- Godefriduskaai 20 2000 Antwerpen → Godefriduskaai 20/E 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Godefriduskaai 20/E 2000 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Godefriduskaai",
"country": "BE",
"postcode": "2000",
"box_number": "E",
"street_number": "20/E",
"locality_suffix": null
},
"old_address": {
"raw": "Godefriduskaai 20 2000 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Godefriduskaai",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "20",
"locality_suffix": null
},
"effective_date": "2015-04-28",
"evidence_quote": "De maatschappelijke en de exploitatiezetel worden gewijzigd vanaf 28/4/2015 in: Godefriduskaai 20/E 2000 Antwerpen",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Caroline Ex",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2015-05-26",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2015-04-28",
"unanimous": true
},
"subject_company": {
"kbo": "0898.589.786",
"name_full": "Antwerp Fashion Affair",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Caroline Ex",
"org_rep_person_name": null,
"person_role_at_subject": "zaakvoerder"
},
"co_filed_documents": [
"Uittreksel uit de buitengewone algemene vergadering van 28/04/2015"
]
}17-10-2014 Jurgen Brekoo resigns as manager
- Jurgen Brekoo — Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Jurgen Brekoo",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0898.589.786",
"name_full": "Antwerp Fashion Affair"
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | World Quality Systems |