Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 35.7 to 28.
Financials
Financial year 2025
QUBUS from Aalter, company number BE0445760332, closed financial year 2025 with a result of € 423,496 after tax. For that financial year QUBUS recorded a gross margin of € 2.8 million and equity of € 711,305. Compared with financial year 2024, the result moved from € 784,823 to € 423,496. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 711,305
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 423,496
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 123,224
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 825,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
28
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 6% vs 2024
€ 80,300 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.
€ 15,319
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 892,924
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 271,005
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,350,574 | € 2,776,646 | € 3,351,290 | € 2,816,534 | ▼ 16% |
| Profit after taxes | € 41,819 | € 60,465 | € 784,823 | € 423,496 | ▼ 46% |
| Equity | € 2,525,290 | € 2,133,165 | € 1,115,398 | € 711,305 | ▼ 36% |
| Total debts | € 2,642,975 | € 1,952,263 | € 4,086,705 | € 2,072,986 | ▼ 49% |
| Cash | € 950,223 | € 848,960 | € 1,075,120 | € 123,224 | ▼ 89% |
| Retained profit | € 2,364,105 | € 1,974,570 | € 959,392 | € 557,888 | ▼ 42% |
| Dividend | € 0 | € 450,000 | € 1,800,000 | € 825,000 | ▼ 54% |
| Bank debt | € 7,427 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,168,265 | € 4,085,428 | € 5,202,103 | € 2,784,291 | ▼ 46% |
| Employees (FTE) | 31.9 | 35.7 | 30.9 | 28 | ▼ 2.9 |
Key figures of QUBUS, 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 QUBUS?
What happened at QUBUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Griet VANDERMEERSCH stepped down as director. NBB
- CELSUS NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 423,496 (▼ 46% vs 2024). Source: NBB ↗
- Griet VANDERMEERSCH became a director. NBB
- CELSUS NV became a director. NBB
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,819 profit in 2022 to € 423,496 profit in 2025.
Paid € 286,494 in corporate taxes since 2022.
Best year ever: 2024, with € 784,823 profit.
On average € 100,600 of value added per employee in 2025.
Management
The shares are held by CELSUS NV (100%).
Directors
According to the 2025 annual accounts
Griet VANDERMEERSCH
Director
Also active at: Vandenbussche, De Vierklaver, ELSELEEN, CORABO, CONSCIUS
since 2023 · until 2029
Director · represented by Dirk VANDENBUSSCHE
Also active at: Vandenbussche, ELSELEEN, CORABO, Immo Kronenhoek, RIVUS PROJECTS
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groendreef 37 box 0B
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →COLINZ same network
€ 61,867 gross margin · 2025
STRATEGICA
€ 5.1 million gross margin · 2025
QUBUS+
ORENTA
€ 271,802 gross margin · 2025
HEXSTRA
€ 42,356 gross margin · 2025
+2 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
- 0445.760.332
- VAT number
- BE 0445.760.332
- Registered office
- Groendreef 37 bus 0B, 9880 Aalter
- Names & denominations
- QUBUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 1991
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof