Bankrupt · Opening faillissement (CBE)

QUALITY EXPRESSION

BE0475027608

Rechtspersoon Private limited company 1 establishment

QUALITY EXPRESSION is a painting contractor in Ieper. Private Limited, started on 19 June 2001, 1 establishment.

Brugseweg 20, 8900 Ieper

Behind the company: Danny Baert.

Start date

19 June 2001

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

QUALITY EXPRESSION from Ieper, company number BE0475027608, closed financial year 2024 with a result of € -10,780 after tax. For that financial year QUALITY EXPRESSION recorded a gross margin of € -8,741 and equity of € -17,198. Compared with financial year 2023, the result moved from € -4,795 to € -10,780. 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 August 18, 2025.

What it is worth Caution

€ -17,198

▼ € 10,780 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -10,780

▼ 125 % more loss than in 2023

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -64,598.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2024

Bank debt

€ 14,364

▼ 21% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3,337

▲ 10% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 825

▼ 28% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 1,594 € 15,334 € -658 € -8,741 ▼ € 8,084
Profit after taxes € -2,735 € 11,022 € -4,795 € -10,780 ▼ € 5,985
Equity € -12,645 € -1,623 € -6,418 € -17,198 ▼ € 10,780
Total debts € 22,772 € 20,363 € 27,219 € 30,121 ▲ 11%
Retained profit € -60,045 € -49,023 € -53,818 € -64,598 ▼ € 10,780
Bank debt € 10,673 € 9,843 € 18,110 € 14,364 ▼ 21%
Balance sheet total € 10,126 € 18,740 € 20,801 € 12,924 ▼ 38%

Key figures of QUALITY EXPRESSION, 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 EXPRESSION?

What happened at QUALITY EXPRESSION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

QUALITY EXPRESSION is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 10,780. filed late Source: NBB ↗
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2,735 loss in 2021 to € 10,780 loss in 2024.

Best year ever: 2022, with € 11,022 profit.

Management

Danny Baert
QUALITY EXPRESSION

Behind QUALITY EXPRESSION is Danny Baert.

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Directors

According to the 2024 annual accounts

Danny Baert

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Brugseweg 20

8900 Ieper

2.093.340.073

Schoolstraat 18

8870 Izegem

Active since 20 August 2001

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0475.027.608
VAT number
BE 0475.027.608
Registered office
Brugseweg 20, 8900 Ieper
Names & denominations
QUALITY EXPRESSION
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 June 2001
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does QUALITY EXPRESSION do?
QUALITY EXPRESSION is a painting contractor in Ieper. Private Limited, started on 19 June 2001, 1 establishment.
What is the address of QUALITY EXPRESSION?
The registered office of QUALITY EXPRESSION is located at Brugseweg 20, 8900 Ieper.
Is QUALITY EXPRESSION still active?
No. The CBE lists QUALITY EXPRESSION with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is QUALITY EXPRESSION registered on Peppol?
No, QUALITY EXPRESSION is currently not registered on the Peppol network.
What is the enterprise number of QUALITY EXPRESSION?
The enterprise number of QUALITY EXPRESSION is BE0475027608.
When was QUALITY EXPRESSION founded?
QUALITY EXPRESSION was founded on 19 June 2001.