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 2024 and 2025.
Financials
Financial year 2025
Quinthan from Waasmunster, company number BE0438928463, closed financial year 2025 with a result of € -19,648 after tax. For that financial year Quinthan recorded a gross margin of € -18,273 and equity of € 14,452. Compared with financial year 2024, the result moved from € -14,031 to € -19,648. The company made a loss. The buffer shrank hard: equity is 58 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 14,452
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,648
▼ 40 % more loss than in 2024
Profit after tax over the fiscal year.
€ 20,615
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,548.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,147
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,182
▲ 148% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,040 | € -2,108 | € -13,281 | € -18,273 | ▼ € 4,992 |
| Profit after taxes | € -1,565 | € -2,261 | € -14,031 | € -19,648 | ▼ € 5,617 |
| Equity | € 65,993 | € 48,132 | € 34,100 | € 14,452 | ▼ 58% |
| Total debts | € 104,064 | € 116,747 | € 119,652 | € 39,748 | ▼ 67% |
| Cash | € 168,937 | € 164,087 | € 51,859 | € 20,615 | ▼ 60% |
| Retained profit | € 45,993 | € 28,132 | € 14,100 | € -5,548 | ▼ € 19,648 |
| Dividend | € 105,900 | € 15,600 | € 0 | € 0 | |
| Balance sheet total | € 170,057 | € 164,878 | € 153,752 | € 54,200 | ▼ 65% |
Key figures of Quinthan, 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 Quinthan?
What happened at Quinthan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,648. Source: NBB ↗
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,565 loss in 2022 to € 19,648 loss in 2025.
Paid € 176 in corporate taxes since 2022.
Paid out € 121,500 in dividends to the owners in total.
Management
Behind Quinthan is Elke Van Avermaet.
Directors
According to the 2025 annual accounts
Elke Van Avermaet
Director
Establishments
Establishment units
Physical locations of this company
Kastanjelaan 27
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.928.463
- VAT number
- BE 0438.928.463
- Registered office
- Kastanjelaan 27, 9250 Waasmunster
- Names & denominations
- Quinthan
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1989
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Overige niet-gespecialiseerde detailhandel
Detailhandel via postorderbedrijven of via internet
Landschapsverzorging
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Overige gespecialiseerde bouwwerkzaamheden