OPENING OF BANKRUPTCY

QUALITY EXPRESSION

Financial year 2024 · closed on 31/12/2024
Net result
-10,8 k €
-124.8% YoY
Gross margin
-8,7 k €
-1228.7% YoY
Equity
-17,2 k €
-168.0% YoY

Company — Opening of bankruptcy.

What does QUALITY EXPRESSION do?

QUALITY EXPRESSION is a Private company with limited liability incorporated in 2001. Its main activity is: Painting and glazing. Its registered office is in Ieper.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0475.027.608
Incorporation
19/06/2001
Legal form
Private company with limited liability
Registered office
Brugseweg 20
8900 Ieper · FlandreSee on map
Contributed capital
47 400,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 124
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-8,7 k €-657,9 €15,3 k €1,6 k €2,9 k €4,0 k €9,0 k €4,8 k €3,1 k €10,7 k €-9,8 k €9,9 k €-4,3 k €3,5 k €-6,6 k €2,7 k €11,5 k €19,3 k €10,3 k €
EBITDA-9,4 k €-3,1 k €15,1 k €1,3 k €2,0 k €3,6 k €8,2 k €3,8 k €2,4 k €10,0 k €-10,5 k €8,3 k €-5,8 k €1,9 k €-8,1 k €325,1 €7,8 k €16,0 k €-14,8 k €
Operating result-9,5 k €-3,4 k €11,9 k €-2,0 k €-1,3 k €229,6 €4,2 k €2,8 k €1,4 k €8,9 k €-11,6 k €7,3 k €-15,1 k €-8,4 k €-18,2 k €-9,8 k €-1,7 k €7,7 k €-27,0 k €
Net result-10,8 k €-4,8 k €11,0 k €-2,7 k €-2,2 k €-11,3 k €3,8 k €2,5 k €944,7 €8,3 k €-12,4 k €23,9 k €-16,7 k €-10,3 k €-21,6 k €-13,0 k €8,1 k €7,5 k €-26,9 k €
Balance sheet
Equity-17,2 k €-6,4 k €-1,6 k €-12,6 k €-9,9 k €-7,7 k €3,6 k €-249,4 €-2,7 k €-3,7 k €-11,9 k €461,8 €-23,4 k €-6,7 k €3,6 k €25,3 k €38,2 k €10,1 k €2,6 k €
Total assets12,9 k €20,8 k €18,7 k €10,1 k €18,9 k €18,5 k €36,2 k €22,0 k €27,2 k €22,8 k €22,5 k €26,8 k €21,9 k €41,5 k €53,1 k €70,7 k €90,3 k €32,6 k €48,5 k €
Cash8,0 k €4,3 k €2,1 k €109,3 €79,4 €170,9 €799,5 €3,9 k €3,9 k €8,1 k €28,7 k €4,2 k €2,5 k €
Debts30,1 k €27,2 k €20,4 k €22,8 k €28,8 k €26,0 k €32,5 k €22,3 k €29,9 k €26,4 k €34,4 k €26,3 k €45,3 k €48,2 k €49,5 k €45,4 k €52,0 k €22,5 k €45,8 k €
Other
Workforce0,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Danny Baert

Director

Active

Ended mandates

Danny BAERT

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/08/202523/08/202404/07/202324/08/202226/08/202103/04/2020
General meeting20/06/202521/08/202418/03/202313/08/202227/03/202129/02/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202420/06/202518/08/2025DutchPDF
Micro model31/12/202321/08/202423/08/2024DutchPDF
Micro model31/12/202218/03/202304/07/2023DutchPDF
Micro model31/12/202113/08/202224/08/2022DutchPDF
Micro model31/12/202027/03/202126/08/2021DutchPDF
Micro model31/12/201929/02/202003/04/2020DutchPDF
Micro model31/12/201813/04/201921/08/2019DutchPDF
Micro model31/12/201717/02/201821/08/2018DutchPDF
Micro model31/12/201611/02/201724/04/2017DutchPDF
Abridged model31/12/201502/07/201604/07/2016DutchPDF
Abridged model31/12/201425/08/201527/08/2015DutchPDF
Abridged model31/12/201314/06/201419/08/2014DutchPDF
Abridged model31/12/201223/08/201329/08/2013DutchPDF
Abridged model31/12/201109/06/201219/07/2012DutchPDF
Abridged model31/12/201016/08/201122/08/2011DutchPDF
Abridged model31/12/200912/06/201012/07/2010DutchPDF
Abridged model31/12/200813/06/200922/06/2009DutchPDF
Abridged model31/12/200714/06/200814/07/2008DutchPDF
Abridged model31/12/200630/06/200727/07/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Danny Baert

Director

Active

Ended mandates

Danny BAERT

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office17/08/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/07/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares01/02/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates15/03/2005
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office04/02/2004
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-10,8 k €
  2. 2023
    Annual accounts 2023-4,8 k €
  3. 2022
    Annual accounts 202211,0 k €
  4. 2021
    Annual accounts 2021-2,7 k €
  5. 2020
    Annual accounts 2020-2,2 k €
  6. 2019
    Annual accounts 2019-11,3 k €
  7. 2018
    Annual accounts 20183,8 k €
  8. 2017
    Annual accounts 20172,5 k €
  9. 2016
    Annual accounts 2016944,7 €
  10. 2015
    Annual accounts 20158,3 k €
  11. 2014
    Annual accounts 2014-12,4 k €
  12. 2013
    Annual accounts 201323,9 k €
  13. 2012
    Annual accounts 2012-16,7 k €
  14. 2011
    Annual accounts 2011-10,3 k €
  15. 2010
    Annual accounts 2010-21,6 k €
  16. 2009
    Annual accounts 2009-13,0 k €
  17. 2008
    Annual accounts 20088,1 k €
  18. 2007
    Annual accounts 20077,5 k €
  19. 2006
    Annual accounts 2006-26,9 k €
  20. 19/06/2001
    IncorporationPrivate company with limited liability