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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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ZQUADRA DIGITAL PRINTING from Kuurne, company number BE0454611878, closed financial year 2025 with a result of € 57,796 after tax. For that financial year ZQUADRA DIGITAL PRINTING recorded a gross margin of € 2.1 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 138,940 to € 57,796. 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 July 14, 2026.
€ 1.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,796
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 226,521
▼ 17% 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 € 1.9 million.
People and assets in 2025
25.4
▲ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 32% vs 2024
€ 66,800 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.
€ 565,573
▼ 24% vs 2024
Of which on lease € 543,589.
Debts at end 2025
€ 1.2 million
▲ 38% vs 2024
€ 220,995 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 802,380
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195,778
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,595,300 | € 712,577 | € 1,727,284 | € 2,059,832 | ▲ 19% |
| Profit after taxes | € 173,395 | € 29,361 | € 138,940 | € 57,796 | ▼ 58% |
| Equity | € 1,689,467 | € 1,718,828 | € 1,857,767 | € 1,915,564 | ▲ 3% |
| Total debts | € 2,714,386 | € 2,298,124 | € 1,791,320 | € 2,262,178 | ▲ 26% |
| Cash | € 419,126 | € 381,861 | € 271,749 | € 226,521 | ▼ 17% |
| Retained profit | € 1,639,875 | € 1,669,236 | € 1,808,175 | € 1,865,972 | ▲ 3% |
| Bank debt | € 1,132,869 | € 1,071,069 | € 864,644 | € 1,192,609 | ▲ 38% |
| Balance sheet total | € 4,445,352 | € 4,016,952 | € 3,649,088 | € 4,177,742 | ▲ 14% |
| Employees (FTE) | 22.1 | 19.6 | 21.2 | 25.4 | ▲ 4.2 |
Key figures of ZQUADRA DIGITAL PRINTING, fiscal years 2023 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 ZQUADRA DIGITAL PRINTING?
What happened at ZQUADRA DIGITAL PRINTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,796 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Barton AP NV became a director. NBB
- Austin AP NV became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 173,395 profit in 2023 to € 57,796 profit in 2025.
Paid € 177,162 in corporate taxes since 2023.
Best year ever: 2023, with € 173,395 profit.
On average € 81,100 of value added per employee in 2025.
Management
The stake of Printvision comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ZQUADRA DIGITAL PRINTINGBehind ZQUADRA DIGITAL PRINTING are Barton AP NV and Austin AP NV. The shares are held by Printvision (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Frederik Bouteca
Also active at: S'PRINT, Printvision, CONNEXTION
since 2023
Director · represented by Frederik Dejaeghere
Also active at: S'PRINT, AIRWATEC, MIBESIMO, Printvision, Barton AP, CONNEXTION
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mortierhoekstraat 8
8520 Kuurne
Victor Allardstraat 88
1180 Ukkel
Active since 29 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0454.611.878
- VAT number
- BE 0454.611.878
- Registered office
- Mortierhoekstraat 8, 8520 Kuurne
- Names & denominations
- ZQUADRA DIGITAL PRINTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1995
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Secretariaten
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Overige activiteiten op het gebied van drukwerk
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
Groothandel in papierwaren, kantoor- en schoolbehoeften
Detailhandel in kranten en andere tijdschriften
Groothandel in kantoor- en schoolbenodigdheden
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