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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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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 44 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.3 to 8.2.
Financials
Financial year 2025
QUADRIFINISH from Kluisbergen, company number BE0448098428, closed financial year 2025 with a result of € -109,722 after tax. For that financial year QUADRIFINISH recorded a gross margin of € 531,216 and equity of € -365,013. Compared with financial year 2024, the result moved from € -52,345 to € -109,722. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -365,013
▼ € 109,722 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109,722
▼ 110 % more loss than in 2024
Profit after tax over the fiscal year.
€ 9,486
▲ 217% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -481,523.
People and assets in 2025
8.2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 528,079
€ 64,400 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.
€ 62,638
▼ 44% vs 2024
Of which on lease € 42,745.
Debts at end 2025
€ 293,019
▼ 15% vs 2024
€ 22,349 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 511,358
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 106,820
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 559,320 | € 455,115 | € 595,372 | € 531,216 | ▼ 11% |
| Profit after taxes | € -107,572 | € -232,452 | € -52,345 | € -109,722 | ▼ € 57,377 |
| Equity | € 29,507 | € -202,945 | € -255,291 | € -365,013 | ▼ € 109,722 |
| Total debts | € 914,889 | € 857,964 | € 871,839 | € 911,822 | ▲ 5% |
| Cash | € 26,797 | € 20,842 | € 2,995 | € 9,486 | ▲ 217% |
| Retained profit | € -87,003 | € -319,455 | € -371,801 | € -481,523 | ▼ € 109,722 |
| Bank debt | € 535,071 | € 433,488 | € 342,834 | € 293,019 | ▼ 15% |
| Balance sheet total | € 944,396 | € 655,018 | € 616,548 | € 546,809 | ▼ 11% |
| Employees (FTE) | 10.7 | 9.3 | 8.4 | 8.2 | ▼ 0.2 |
Key figures of QUADRIFINISH, 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 QUADRIFINISH?
What happened at QUADRIFINISH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sam Willems stepped down as director. NBB
- Wipam NV stepped down as director. NBB
- Ben Willems stepped down as director. NBB
- Eva Willems stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 109,722. Source: NBB ↗
- Sam Willems became a director. NBB
- Wipam NV became a director. NBB
- Ben Willems became a director. NBB
In short
From € 107,572 loss in 2022 to € 109,722 loss in 2025.
On average € 64,800 of value added per employee in 2025.
Management
The shares are held by WIPAM (100%).
Directors
According to the 2025 annual accounts
Gedelegeerd bestuurder · represented by Bavo Willems
Also active at: PERKA, DRUKKERIJ UITGEVERIJ JAN VERHOEVEN
since 2024 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bloemenlaan 20
9690 Kluisbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
EUSIP-RACK66, BE
Domain
Domain
quadrifinish.com
Registered
2002-03-13
Registrar
CSL Computer Service Langenbach GmbH d/b/a joker.com
Expires
2027-03-13
Website info
Features
Security
Details
- Company number
- 0448.098.428
- VAT number
- BE 0448.098.428
- Registered office
- Bloemenlaan 20, 9690 Kluisbergen
- Names & denominations
- QUADRIFINISH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 1992
- Peppol
- Active · Active since 22 Oct 2025
- Contact
- quadrifinish.com [email protected]
- Activities · NACE
Prepress-activiteiten
Prepress- en premediadiensten