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 4 of the last 4 fiscal years.
Financials
Financial year 2025
QUALITY-BEL from Elsene, company number BE0867109229, closed financial year 2025 with a result of € 12,876 after tax. For that financial year QUALITY-BEL recorded a gross margin of € -7,581 and equity of € -106,961. Compared with financial year 2024, the result moved from € 54,235 to € 12,876. The company is profitable. 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 8, 2026.
€ -106,961
▲ € 12,876 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,876
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 33
▼ € 8,863 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 € -137,961.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,667
▲ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,219
▲ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,054 | € 85,817 | € 34,439 | € -7,581 | ▼ € 42,019 |
| Profit after taxes | € -98,399 | € 33,306 | € 54,235 | € 12,876 | ▼ 76% |
| Equity | € -81,600 | € -174,072 | € -119,837 | € -106,961 | ▲ € 12,876 |
| Total debts | € 813,479 | € 630,412 | € 596,070 | € 606,777 | ▲ 2% |
| Cash | € 22 | € 18,721 | € 8,896 | € 33 | ▼ € 8,863 |
| Land & buildings | € 325,456 | € 0 | - | - | |
| Retained profit | € -238,378 | € -205,072 | € -150,837 | € -137,961 | ▲ € 12,876 |
| Bank debt | € 143,280 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 731,879 | € 456,340 | € 476,233 | € 499,816 | ▲ 5% |
Key figures of QUALITY-BEL, 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 July 2027.
What happened to QUALITY-BEL?
What happened at QUALITY-BEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,876 (▼ 76% vs 2024). filed late Source: NBB ↗
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 98,399 loss in 2022 to € 12,876 profit in 2025.
Paid € 7,730 in corporate taxes since 2022.
Best year ever: 2024, with € 54,235 profit.
Management
Behind QUALITY-BEL is Rachid AZAOUM. Rachid AZAOUM is also behind BECI-BRUSSELS CHAMBER OF COMMERCE, Plaatselijk Werkgelegenheidsagentschap van Schaarbeek - Agence locale pour l'Emploi de Schaerbeek, PROBEL TRADE SPRL and R.A.P. MANAGEMENT.
Directors
According to the 2025 annual accounts
Rachid AZAOUM
Administrator-manager
Also active at: BECI-BRUSSELS CHAMBER OF COMMERCE, Plaatselijk Werkgelegenheidsagentschap van Schaarbeek - Agence locale pour l'Emploi de Schaerbeek, PROBEL TRADE SPRL, R.A.P. MANAGEMENT
Establishments
Establishment units
Physical locations of this company
Herdersstraat 4
1050 Elsene
Olympische dreef 2
1070 Anderlecht
Active since 1 January 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →PROBEL TRADE SPRL same network
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€ 467,764 gross margin · 2021
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€ 955,114 gross margin · 2022
QRN BRUSSELS
€ 404,368 gross margin · 2025
QR ANSPACH
€ 395,742 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.109.229
- VAT number
- BE 0867.109.229
- Registered office
- Herdersstraat 4, 1050 Elsene
- Names & denominations
- QUALITY-BEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2004
- Peppol
- Active · Active since 28 Apr 2025