QUB'HOME
Open bankruptcyA bankruptcy procedure is open for QUB'HOME according to publications in the Belgian State Gazette; curator: YANNICK ALSTEENS.
Summary
The 2023 annual accounts show equity of €16k and a net result of €-43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 11-09-2024, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
42 d late
2022
10 d late
2021
4 d late
2020
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€871k▼ 17.0%
2022 · €1.05M
2020: €516k
2021: €764k
2022: €1.05M
2020 → 2023
EBIT margin
-2.7%▼ 9.0pp
2022 · 6.3%
2020: 6.7%
2021: -0.2%
2022: 6.3%
2020 → 2023
Net result
€-43k
2022 · €39k
2020: €24k
2021: €-7k
2022: €39k
2020 → 2023
Working capital
€-38k▼ 375%
2022 · €-8k
2020: €-26k
2021: €-75k
2022: €-8k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€516k-€764k▲ 48.1%€1.05M▲ 37.3%€871k▼ 17.0%
Equity€27k-€20k▼ 26.8%€59k▲ 201%€16k▼ 73.1%
Operating result€35k-€-1k€66k€-23k
Net result€24k-€-7k€39k€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €23k after €66k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €678k
Fixed assets
€353k ▼ 6.3%
Current assets
€325k ▲ 139%
Equity and liabilities €678k
Equity
€16k ▼ 73.1%
Debt
€662k ▲ 46.0%
Debt's share of the balance-sheet total rises from 88.5% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2022 · €93k
Cash flow
€-11k▼
2022 · €67k
Current ratio
0.89▼
2022 · 0.94
Quick ratio
0.36▼
2022 · 0.94
Debt to equity
41.74▲
2022 · 7.70
ROE
-271.3%▼
2022 · 66.8%
ROA
-6.3%▼
2022 · 7.7%
Interest coverage
0.41▼
2022 · 9.04
Debt ≤ 1 year
€363k▲
2022 · €144k
Debt > 1 year
€297k▼
2022 · €307k
Income taxes
€-581▼
2022 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 56 lines
Balance sheet
Code20222023
Assets
Total assets20/58€513k€678k▲
Fixed assets21/28€377k€353k▼
Intangible fixed assets21€17k€10k▼
Tangible fixed assets22/27€360k€343k▼
Land and buildings22€349k€332k▼
Plant, machinery and equipment23€375€4k▲
Furniture and vehicles24€10k€7k▼
Current assets29/58€136k€325k▲
Stocks and contracts in progress3-€194k
Stocks30/36-€194k
Amounts receivable within one year40/41€125k€124k▼
Trade receivables40€117k€100k▼
Other amounts receivable41€7k€24k▲
Cash at bank and in hand54/58€8k€5k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€513k€678k▲
Equity10/15€59k€16k▼
Contributions10/11€3k€3k=
Reserves13€56k€56k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€0€-43k▼
Amounts payable17/49€454k€662k▲
Amounts payable after more than one year17€307k€297k▼
Financial debts170/4€307k€297k▼
Amounts payable within one year42/48€144k€363k▲
Current portion of amounts payable after more than one year42€17k€21k▲
Financial debts43-€198k
Credit institutions430/8-€198k
Trade debts44€105k€90k▼
Suppliers440/4€105k€90k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€21k€27k▲
Taxes450/3€19k€27k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€0€28k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20222023
Turnover70€1.05M€871k▼
Goods, raw materials, services and sundry goods60/61€945k€840k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€32k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€16k
Other operating charges640/8€10k€11k▲
Non-recurring operating charges66A€5k€7k▲
Gross operating margin9900€109k€42k▼
Operating profit (loss)9901€66k€-23k▼
Financial income75/76B€129€263▲
Recurring financial income75€129€263▲
Financial charges65/66B€10k€21k▲
Recurring financial charges65€10k€21k▲
Profit (loss) for the period before taxes9903€56k€-44k▼
Income taxes67/77€17k€-581▼
Profit (loss) for the period9904€39k€-43k▼
Profit (loss) for the period to be appropriated9905€39k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€-43k▼
Profit (loss) brought forward from the previous period14P€-7k-
Transfer to equity691/2€32k-
To other reserves6921€32k-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-09
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · QUB’HOME SRL RUE DE CORSAL 68, 1450 CHASTRE · event 17-09-2026
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Weakest financial yearnet €-43k ▼209%
Net result drops to €-43k, the lowest in the series.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chastre · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Corsal 681450 ChastreGround area
1,353 m²
Building footprint
229 m²
Volume, LiDAR
515 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QU.BO CONCEPT
since 20202.308.213.087
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25022C0692/00D000 | Wallonia | 991 m² | 1 · 159 m² | - |
| 25068B0263/00M000 | Wallonia | 362 m² | 1 · 71 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YANNICK ALSTEENS RUE DU PANIER VERT 70,
1400 NIVELLES |
17-09-2026 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,880 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43331Floor and wall tiling
46831Wholesale of construction materials, general range
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.