Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Firma W.Quetin from Hasselt, company number BE0401340567, closed financial year 2024 with a result of € -8,332 after tax. For that financial year Firma W.Quetin recorded a gross margin of € 186,685 and equity of € 170,934. Compared with financial year 2023, the result moved from € -71,386 to € -8,332. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ 170,934
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,332
▲ 88 % less loss than in 2023
Profit after tax over the fiscal year.
€ 71,088
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 100,284.
People and assets in 2024
6.2
Average over the fiscal year, from the social balance sheet.
€ 126,622
▼ 10% vs 2023
€ 20,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,893
▲ 38% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 894,911
▼ 6% vs 2023
€ 480,675 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 171,100
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 44,826
▲ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 46,923 | € 129,747 | € 178,145 | € 186,685 | ▲ 5% |
| Profit after taxes | € -136,672 | € -98,135 | € -71,386 | € -8,332 | ▲ € 63,053 |
| Equity | € 348,787 | € 250,652 | € 179,266 | € 170,934 | ▼ 5% |
| Total debts | € 886,840 | € 1,193,319 | € 1,193,259 | € 1,196,004 | |
| Cash | € 137,712 | € 46,801 | € 70,854 | € 71,088 | |
| Retained profit | € 278,137 | € 180,002 | € 108,616 | € 100,284 | ▼ 8% |
| Bank debt | € 679,987 | € 888,605 | € 949,437 | € 894,911 | ▼ 6% |
| Balance sheet total | € 1,235,626 | € 1,443,971 | € 1,372,525 | € 1,366,937 | |
| Employees (FTE) | - | - | - | 6.2 |
Key figures of Firma W.Quetin, 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 Firma W.Quetin?
What happened at Firma W.Quetin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 8,332. Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
In short
From € 136,672 loss in 2021 to € 8,332 loss in 2024.
Paid € 2,957 in corporate taxes since 2021.
On average € 30,100 of value added per employee in 2024.
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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 Firma W.Quetin are Tom Weyens and Jacques Weyens. The same people are also behind Firma QUETIN & WEYENS.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Kapelstraat 31
3500 Hasselt
Onze-Lieve-Vrouwstraat 4
3500 Hasselt
Active since 1 April 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.340.567
- VAT number
- BE 0401.340.567
- Registered office
- Kapelstraat 31, 3500 Hasselt
- Names & denominations
- Firma W.Quetin
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 26 Apr 2024
- Activities · NACE
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