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
Q - ZAR BELGIUM from Etterbeek, company number BE0451332783, closed financial year 2025 with a result of € -29,985 after tax. For that financial year Q - ZAR BELGIUM recorded revenue of € 736,768 and equity of € 44,634. Compared with financial year 2024, the result moved from € -6,340 to € -29,985. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 44,634
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,985
▼ 373 % more loss than in 2024
Profit after tax over the fiscal year.
€ 28,477
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,366.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,669
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 894,505 | - | - | € 736,768 | |
| Gross margin | € 62,251 | € 46,132 | € 14,330 | € -4,676 | ▼ € 19,006 |
| Profit after taxes | € 50,755 | € -85,189 | € -6,340 | € -29,985 | ▼ € 23,646 |
| Equity | € 166,148 | € 80,959 | € 74,620 | € 44,634 | ▼ 40% |
| Total debts | € 17,608 | € 592,647 | € 136,428 | € 36,107 | ▼ 74% |
| Cash | - | € 23,095 | € 42,975 | € 28,477 | ▼ 34% |
| Retained profit | € 91,148 | € 5,959 | € -380 | € -30,366 | ▼ € 29,985 |
| Bank debt | € 5,500 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 183,756 | € 673,606 | € 211,047 | € 80,741 | ▼ 62% |
Key figures of Q - ZAR BELGIUM, 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 Q - ZAR BELGIUM?
What happened at Q - ZAR BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,985. filed late Source: NBB ↗
- HENRI-LAURENT KINDERMANS stepped down as director. NBB
- EDGARD KINDERMANS became a director. NBB
- VIRGINIE KINDERMANS became a director. NBB
- HENRI-LAURENT KINDERMANS became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,755 profit in 2022 to € 29,985 loss in 2025.
Paid € 35,154 in corporate taxes since 2022.
Best year ever: 2022, with € 50,755 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Q - ZAR BELGIUM are EDGARD KINDERMANS and VIRGINIE KINDERMANS . EDGARD KINDERMANS is also behind Les Exploitations Crosly and ARCEP.
Directors
According to the 2025 annual accounts
since 2020
VIRGINIE KINDERMANS
Director
since 2020
since 2020 · until 2021
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 85
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0451.332.783
- VAT number
- BE 0451.332.783
- Registered office
- Louis Schmidtlaan 85, 1040 Etterbeek
- Names & denominations
- Q - ZAR BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1993
- Peppol
- Active · Active since 9 May 2025
- Activities · NACE
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