Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
QUALITY SET from Tournai, company number BE0724686109, closed financial year 2025 with a result of € 273,495 after tax. For that financial year QUALITY SET recorded a gross margin of € 3.2 million and equity of € 514,470. Compared with financial year 2024, the result moved from € -3.3 million to € 273,495. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 514,470
▲ € 473,933 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 273,495
▲ still € 3.3 million loss in 2024
Profit after tax over the fiscal year.
€ 33
▼ € 41,350 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -7.4 million.
People and assets in 2025
€ 396,391
▲ 34% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 125,776
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
▼ 32% vs 2024
Loans from banks and other lenders, long and short.
€ 538,312
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,979
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -156,736 | € -532,313 | € -72,660 | € 3,240,422 | ▲ € 3.3 million |
| Profit after taxes | € -713,461 | € -2,964,433 | € -3,279,570 | € 273,495 | ▲ € 3.6 million |
| Equity | € 7,254,130 | € 3,840,446 | € 40,536 | € 514,470 | ▲ € 473,933 |
| Total debts | € 8,478,960 | € 15,652,698 | € 18,177,602 | € 15,107,949 | ▼ 17% |
| Cash | € 339,061 | € 33 | € 41,383 | € 33 | ▼ € 41,350 |
| Land & buildings | € 35,643 | € 56,134 | € 46,841 | € 31,935 | ▼ 32% |
| Retained profit | € -1,465,402 | € -4,429,835 | € -7,709,405 | € -7,435,911 | ▲ € 273,495 |
| Bank debt | € 7,493,400 | € 10,866,411 | € 10,383,075 | € 7,075,244 | ▼ 32% |
| Balance sheet total | € 15,733,089 | € 19,493,144 | € 18,218,138 | € 15,622,419 | ▼ 14% |
Key figures of QUALITY SET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to QUALITY SET?
What happened at QUALITY SET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 273,495. Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
- MEULDERS PIERRE MANAGEMENT SRL became a director. NBB
In short
From € 713,461 loss in 2022 to € 273,495 profit in 2025.
Best year ever: 2025, with € 273,495 profit.
A new publication or filing at QUALITY SET? We notify you, reason included.
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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 SET is MEULDERS PIERRE MANAGEMENT SRL. MEULDERS PIERRE MANAGEMENT SRL is also behind SIMSA, QUALITY SET IMMOBILIER and FLEMA.
Directors
According to the 2025 annual accounts
MEULDERS PIERRE MANAGEMENT SRL
Administrateur délégué · represented by Pierre MEULDERS
Also active at: SIMSA, QUALITY SET IMMOBILIER, FLEMA
since 2019
Establishments
Establishment units
Physical locations of this company
Rue du Petit Tilleul 16
7522 Tournai
Rue de la Recherche (FRY) 9
7503 Tournai
Active since 9 April 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0724.686.109
- VAT number
- BE 0724.686.109
- Registered office
- Rue du Petit Tilleul 16, 7522 Tournai
- Names & denominations
- QUALITY SET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2019
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- qualityset.be [email protected]
- Activities · NACE
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