Financials
Financial year 2025
QUARTIER from Kuurne, company number BE0405361416, closed financial year 2025 with a result of € 714,416 after tax. For that financial year QUARTIER recorded revenue of € 29.7 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 246,848 to € 714,416. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 10, 2026.
€ 2.7 million
▲ 222% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 714,416
▲ 189% vs 2024
Profit after tax over the fiscal year.
€ 857,555
▲ 15% 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 € 1.5 million.
People and assets in 2025
18
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 6% vs 2024
€ 77,400 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.
€ 95,576
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.9 million
▼ 15% vs 2024
€ 830,894 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3.7 million
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 137,612
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,120,930 | € 24,635,242 | € 27,357,480 | € 29,690,804 | ▲ 9% |
| Profit after taxes | € 189,529 | € 381,922 | € 246,848 | € 714,416 | ▲ 189% |
| Equity | € 866,913 | € 923,835 | € 845,683 | € 2,720,478 | ▲ 222% |
| Total debts | € 10,519,550 | € 10,933,887 | € 11,745,481 | € 9,890,076 | ▼ 16% |
| Cash | € 620,959 | € 797,816 | € 743,362 | € 857,555 | ▲ 15% |
| Land & buildings | € 3,857,260 | € 3,745,134 | € 3,748,649 | € 4,675,389 | ▲ 25% |
| Retained profit | € 792,913 | € 849,835 | € 771,683 | € 1,486,099 | ▲ 93% |
| Dividend | € 0 | € 325,000 | € 325,000 | € 0 | ▼ 100% |
| Bank debt | € 5,705,774 | € 6,513,034 | € 7,013,526 | € 5,927,388 | ▼ 15% |
| Balance sheet total | € 11,485,711 | € 11,949,029 | € 12,674,532 | € 12,685,982 | |
| Employees (FTE) | 14.7 | 13.5 | 17.3 | 18 | ▲ 0.7 |
Key figures of QUARTIER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to QUARTIER?
What happened at QUARTIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 714,416 (▲ 189% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kuurne. KBO
In short
From € 189,529 profit in 2022 to € 714,416 profit in 2025.
Paid € 884,685 in corporate taxes since 2022.
Best year ever: 2025, with € 714,416 profit.
Paid out € 650,000 in dividends to the owners in total.
Management
The stake of JT HOLDCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QUARTIERBehind QUARTIER are JT Holdco BV and Vista & Co NV. The shares are held by JT HOLDCO (50.2%). It owns 100% of Quartier HVAC, 100% of Quartier Sanitair and 100% of Quartier Verwarming itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Tom Debrabandere
Managing director · represented by Jo Quartier
Shareholders
50.2%
Participations
Establishments
Establishment units
Physical locations of this company
Pieter Verhaeghestraat 26
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →VISTA en Co same network
€ 123,429 gross margin · 2026
QUARTIER HVAC same network
€ 1.1 million gross margin · 2025
QUARTIER SANITAIR same network
€ 1.3 million gross margin · 2025
JT HOLDCO same network
€ 53,791 gross margin · 2025
QUARTIER VERWARMING same network
€ 1.2 million gross margin · 2025
+1 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
- 0405.361.416
- VAT number
- BE 0405.361.416
- Registered office
- Pieter Verhaeghestraat 26, 8520 Kuurne
- Names & denominations
- QUARTIER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1965
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Installatie van verwarming, klimaatregeling en ventilatie
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden
Overig loodgieterswerk