OPENING OF BANKRUPTCY

World Quality Systems (SCRL)

Financial year 2022 · closed on 30/09/2022
Net result
322,3 k €
-1.4% YoY
Revenue
2,3 M €
+15.1% YoY
Equity
814,4 k €
+50.2% YoY

Company — Opening of bankruptcy.

What does World Quality Systems do?

World Quality Systems is a Private company with limited liability incorporated in 2008. Its registered office is in Bruxelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0898.589.786
Incorporation
16/06/2008
Legal form
Private company with limited liability
Registered office
Rond-point Robert Schuman 6 box 5
1040 Bruxelles · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2022
Joint committees (1)
  • 313
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2022202120202019201820172015201420132012201120102009
Income statement
Revenue2,3 M €2 M €
EBITDA633,4 k €496,5 k €300,5 k €104,2 k €10,7 k €59,7 k €-8,4 k €21 k €18,7 k €49,3 k €34,6 k €-615,5 €-66,3 k €
Operating result434,9 k €394,3 k €225,7 k €99 k €10,7 k €59,7 k €-10,4 k €17,5 k €11,9 k €41,7 k €28,3 k €-5,7 k €-72,6 k €
Net result322,3 k €327 k €147,2 k €60,9 k €10,6 k €36,9 k €-21,1 k €9,5 k €-803,8 €26,3 k €16,8 k €-12 k €-79 k €
Balance sheet
Equity814,4 k €542,2 k €215,2 k €68 k €7,1 k €-3,5 k €-40,4 k €-19,3 k €-28,8 k €-28 k €-54,3 k €-71,1 k €-59 k €
Total assets2,1 M €1,5 M €494 k €440,4 k €17,9 k €7,2 k €12,4 k €33,8 k €47,5 k €51,3 k €54,6 k €116,9 k €49 k €
Cash147,9 k €174,3 k €69,2 k €17,8 k €3,8 k €7,2 k €1,9 k €1,5 k €14,5 k €5,4 k €36,9 k €6,9 k €
Debts1,3 M €965,8 k €278,7 k €255,2 k €10,3 k €10,6 k €52,8 k €53,2 k €76,4 k €79,3 k €108,9 k €188 k €108 k €
Governance

Board of directors

Seen on filing of 30/09/2022 · 1 active · 7 ended

Active mandates

Vasile Marinescu

Associate · since 01 octobre 2018

Active

Ended mandates

Vasile Marinescu

Associate · since 01 juillet 2019

Ended
Antonia Roatis

Manager · since 01 juillet 2018

Ended
Antonia Roatis

Associate · since 01 juillet 2018 · until 01 juillet 2019

Ended
Caroline Ex

Manager · until 30 juin 2018

Ended
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Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202101/10/202001/10/201901/10/201801/10/201701/01/2016
Closing of the financial year30/09/202230/09/202130/09/202030/09/201930/09/201830/09/2017
Length of the financial year12 months12 months12 months12 months12 months21 months
Filing date25/09/202323/09/202205/03/202111/03/202027/04/201921/03/2018
General meeting21/09/202321/09/202205/03/202106/03/202002/03/201902/03/2018
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202221/09/202325/09/2023FrenchPDF
Micro model30/09/202121/09/202223/09/2022DutchPDF
Micro model30/09/202005/03/202105/03/2021DutchPDF
Micro model30/09/201906/03/202011/03/2020DutchPDF
Micro model30/09/201802/03/201927/04/2019DutchPDF
Micro model30/09/201702/03/201821/03/2018DutchPDF
Abridged model31/12/201510/06/201608/07/2016DutchPDF
Abridged modelCorrection31/12/201405/06/201517/11/2015DutchPDF
Abridged model31/12/201405/06/201515/06/2015DutchPDF
Abridged model31/12/201306/06/201423/06/2014DutchPDF
Abridged model31/12/201207/06/201311/06/2013DutchPDF
Abridged model31/12/201101/06/201220/06/2012DutchPDF
Abridged model30/09/201004/03/201124/03/2011DutchPDF
Abridged model30/09/200905/03/201026/03/2010DutchPDF
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 30/09/2022 · 1 active · 7 ended

Active mandates

Vasile Marinescu

Associate · since 01 octobre 2018

Active

Ended mandates

Vasile Marinescu

Associate · since 01 juillet 2019

Ended
Antonia Roatis

Manager · since 01 juillet 2018

Ended
Antonia Roatis

Associate · since 01 juillet 2018 · until 01 juillet 2019

Ended
Caroline Ex

Manager · until 30 juin 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/05/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/10/2022
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Mandates18/02/2022
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/10/2018
    BENAMING - DOEL
    PDF
  • Registered office02/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office18/09/2017
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN 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. 2022
    Annual accounts 2022322,3 k €
  2. 2021
    Annual accounts 2021327 k €
  3. 2020
    Annual accounts 2020147,2 k €
  4. 2019
    Annual accounts 201960,9 k €
  5. 2018
    Annual accounts 201810,6 k €
  6. 2018
    Name changeWorld Quality Systems
  7. 2017
    Annual accounts 201736,9 k €
  8. 2015
    Annual accounts 2015-21,1 k €
  9. 2014
    Annual accounts 20149,5 k €
  10. 2013
    Annual accounts 2013-803,8 €
  11. 2012
    Annual accounts 201226,3 k €
  12. 2011
    Annual accounts 201116,8 k €
  13. 2010
    Annual accounts 2010-12 k €
  14. 2009
    Annual accounts 2009-79 k €
  15. 2009
    Name changeANTWERP FASHION AFFAIR
  16. 16/06/2008
    IncorporationPrivate company with limited liability