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
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
QUIRINALE from Harelbeke, company number BE0427552442, closed financial year 2025 with a result of € 841,406 after tax. For that financial year QUIRINALE recorded a gross margin of € 863,558 and equity of € 20.6 million. Compared with financial year 2024, the result moved from € 1.1 million to € 841,406. 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 May 26, 2026.
€ 20.6 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 841,406
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 601,449
▲ 138% 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 € 20.4 million.
Debts at end 2025
€ 85,714
▼ 25% vs 2024
€ 28,571 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5,835
▲ € 5,173 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,231
▼ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,255 | € 882,903 | € 122,669 | € 863,558 | ▲ € 740,889 |
| Profit after taxes | € 565,000 | € 1,170,074 | € 1,133,554 | € 841,406 | ▼ 26% |
| Equity | € 17,405,108 | € 18,575,182 | € 19,708,736 | € 20,550,141 | ▲ 4% |
| Total debts | € 216,814 | € 170,041 | € 307,760 | € 103,538 | ▼ 66% |
| Cash | € 1,296,373 | € 549,312 | € 252,461 | € 601,449 | ▲ 138% |
| Land & buildings | € 7,055,427 | € 6,678,663 | € 6,551,590 | € 5,404,956 | ▼ 18% |
| Retained profit | € 17,291,103 | € 18,461,177 | € 19,594,731 | € 20,436,137 | ▲ 4% |
| Bank debt | € 171,429 | € 142,857 | € 114,286 | € 85,714 | ▼ 25% |
| Balance sheet total | € 17,942,054 | € 19,249,384 | € 20,508,830 | € 21,134,187 | ▲ 3% |
Key figures of QUIRINALE, 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 QUIRINALE?
What happened at QUIRINALE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GFB INVEST BV stepped down as director. NBB
- LUC BILLIET stepped down as director. NBB
- Felix-Louis BILLIET stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 841,406 (▼ 26% vs 2024). Source: NBB ↗
- Felix-Louis BILLIET became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 565,000 profit in 2022 to € 841,406 profit in 2025.
Paid € 311,764 in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
Management
The stake of GFB INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QUIRINALEThe shares are held by GFB INVEST (100%).
Directors
According to the 2025 annual accounts
· until 2029
LUC BILLIET
Managing director
Also active at: VIMINALE, LEFKOR, MARNIC, BEVEKA PRODUCTIONS, TRIPLACO, LEFEVERE INDUSTRIES, Oak Fever, BEDRIJVENCENTRUM HARELBEKE +2 more
· until 2029
Felix-Louis BILLIET
Managing director
Also active at: VIMINALE, LEFEVERE INDUSTRIES, BEDRIJVENCENTRUM HARELBEKE, AVENTIJN, Albatros Investment, GFB INVEST
since 2020 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Generaal Deprezstraat 2
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →VIMINALE same network
€ 24,045 gross margin · 2025
LEFKOR same network
€ 715,182 gross margin · 2025
Huisartsenkring Zuid West-Vlaanderen vzw
€ 799,009 gross margin · 2025
MUREMO
€ 91,165 gross margin · 2025
TRIPLACO same network
€ 24.9 million revenue · 2025
+15 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
- 0427.552.442
- VAT number
- BE 0427.552.442
- Registered office
- Generaal Deprezstraat 2, 8530 Harelbeke
- Names & denominations
- QUIRINALE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen