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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
QUARTA GEN from Koksijde, company number BE0405218488, closed financial year 2025 with a result of € -3,945 after tax. For that financial year QUARTA GEN recorded a gross margin of € 28,230 and equity of € 338,092. Compared with financial year 2024, the result moved from € -7,814 to € -3,945. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 338,092
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,945
▲ 50 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,572
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 214,145.
Debts at end 2025
€ 264,885
▲ 55% vs 2024
€ 21,130 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,201 | € 24,743 | € 26,667 | € 28,230 | ▲ 6% |
| Profit after taxes | € -8,588 | € -9,275 | € -7,814 | € -3,945 | ▲ € 3,869 |
| Equity | € 359,126 | € 349,851 | € 342,037 | € 338,092 | ▼ 1% |
| Total debts | € 330,901 | € 327,740 | € 317,692 | € 305,403 | ▼ 4% |
| Cash | € 23,254 | € 27,725 | € 25,420 | € 22,572 | ▼ 11% |
| Land & buildings | € 769,001 | € 749,152 | € 729,302 | € 709,517 | ▼ 3% |
| Retained profit | € 235,179 | € 225,905 | € 218,090 | € 214,145 | ▼ 2% |
| Bank debt | € 192,796 | € 181,936 | € 170,868 | € 264,885 | ▲ 55% |
| Balance sheet total | € 793,281 | € 777,191 | € 755,498 | € 735,358 | ▼ 3% |
Key figures of QUARTA GEN, 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 QUARTA GEN?
What happened at QUARTA GEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,945. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Koksijde. KBO
In short
From € 8,588 loss in 2022 to € 3,945 loss in 2025.
Management
Behind QUARTA GEN is Frank Stepman.
Directors
According to the 2025 annual accounts
Frank Stepman
Director
Establishments
Establishment units
Physical locations of this company
Svinkxstraat(Kok) 20A
8670 Koksijde
Svinkxstraat(Kok) 20 box A
8670 Koksijde
Active since 1 January 1960
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.218.488
- VAT number
- BE 0405.218.488
- Registered office
- Svinkxstraat(Kok) 20A, 8670 Koksijde
- Names & denominations
- QUARTA GEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1960
- Peppol
- Active · Active since 8 Jan 2026