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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Busy address KBO
81 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
World Quality Systems from Brussel, company number BE0898589786, closed financial year 2022 with a result of € 322,284 after tax. For that financial year World Quality Systems recorded revenue of € 2.3 million and equity of € 814,449. Compared with financial year 2021, the result moved from € 326,959 to € 322,284. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2023.
€ 814,449
▲ 50% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 322,284
▼ 1% vs 2021
Profit after tax over the fiscal year.
€ 147,940
▼ 15% vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2022
€ 303,329
▲ 16% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 318,329
▼ 19% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 251,503
▼ 1% vs 2021
€ 61,111 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 522,463
▲ 26% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 446,734
▲ 50% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 1,997,756 | € 2,300,067 | ▲ 15% |
| Gross margin | € 765,077 | € 943,813 | ▲ 23% |
| Profit after taxes | € 326,959 | € 322,284 | ▼ 1% |
| Equity | € 542,165 | € 814,449 | ▲ 50% |
| Total debts | € 965,813 | € 1,270,700 | ▲ 32% |
| Cash | € 174,270 | € 147,940 | ▼ 15% |
| Retained profit | € 522,165 | € 794,449 | ▲ 52% |
| Dividend | € 0 | € 50,000 | |
| Bank debt | € 254,277 | € 251,503 | ▼ 1% |
| Balance sheet total | € 1,507,978 | € 2,085,149 | ▲ 38% |
Key figures of World Quality Systems, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 30 April 2024.
What happened to World Quality Systems?
What happened at World Quality Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
World Quality Systems is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 322,284 (▼ 1% vs 2021). filed late Source: NBB ↗
- Vasile Marinescu became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 326,959 profit in 2021 to € 322,284 profit in 2022.
Paid € 137,264 in corporate taxes since 2021.
Best year ever: 2021, with € 326,959 profit.
Paid out € 50,000 in dividends to the owners in total.
A new publication or filing at World Quality Systems? 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 World Quality Systems is Vasile Marinescu.
Directors
According to the 2022 annual accounts
Vasile Marinescu
Associate
since 2018
Establishments
Establishment units
Physical locations of this company
Robert Schumanplein 6 box 5
1040 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 81 companies are registered at this address.
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€ 2.5 million revenue · 2025
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€ 1.8 million revenue · 2025
FOSS BENELUX
€ 590,599 gross margin · 2022
ESL&Network (European Affairs)
€ 483,388 gross margin · 2025
Association des Constructeurs européens d'Automobiles
€ 16.3 million revenue · 2025
+76 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
- 0898.589.786
- VAT number
- BE 0898.589.786
- Registered office
- Robert Schumanplein 6 bus 5, 1040 Brussel
- Names & denominations
- World Quality Systems
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 16 June 2008
- Peppol
- Not registered