Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
QUALITY FURNITURE from Boortmeerbeek, company number BE0414620461, closed financial year 2024 with a result of € -43,476 after tax. For that financial year QUALITY FURNITURE recorded a gross margin of € -8,939 and equity of € -139,240. Compared with financial year 2023, the result moved from € -164,989 to € -43,476. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -139,240
▼ € 43,476 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,476
▲ 74 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,743
▼ 27% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -157,832.
People and assets in 2024
€ 640
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 124,898
▼ 14% vs 2023
€ 21,912 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 6,860
▲ € 6,454 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,206
▼ 37% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 7,652 | € -38,109 | € -177,757 | € -8,939 | ▲ € 168,817 |
| Profit after taxes | € -32,472 | € -71,339 | € -164,989 | € -43,476 | ▲ € 121,512 |
| Equity | € 140,564 | € 69,225 | € -95,764 | € -139,240 | ▼ € 43,476 |
| Total debts | € 608,699 | € 661,363 | € 591,840 | € 599,439 | ▲ 1% |
| Cash | € 14,864 | € 10,349 | € 2,385 | € 1,743 | ▼ 27% |
| Land & buildings | € 446,274 | € 417,304 | € 388,334 | € 359,365 | ▼ 7% |
| Retained profit | € 121,972 | € 50,633 | € -114,356 | € -157,832 | ▼ € 43,476 |
| Bank debt | € 185,844 | € 166,290 | € 145,979 | € 124,898 | ▼ 14% |
| Balance sheet total | € 815,776 | € 791,985 | € 552,357 | € 511,363 | ▼ 7% |
Key figures of QUALITY FURNITURE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to QUALITY FURNITURE?
What happened at QUALITY FURNITURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 43,476. filed late Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,472 loss in 2021 to € 43,476 loss in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind QUALITY FURNITURE is Julien Nees.
Directors
According to the 2024 annual accounts
Julien Nees
Manager
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 243
3190 Boortmeerbeek
Maastrichterstraat 138
3700 Tongeren-Borgloon
Active since 1 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.620.461
- VAT number
- BE 0414.620.461
- Registered office
- Leuvensesteenweg 243, 3190 Boortmeerbeek
- Names & denominations
- QUALITY FURNITURE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1974
- Peppol
- Active · Active since 18 Feb 2026
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels