What is the address of MusQteers?

The registered office of MusQteers is located at Rijksweg(BOR) 9, 2880 Bornem.

Is MusQteers still active?

Yes. According to the CBE (29 October 2026) MusQteers is active, legal situation “Normale toestand”, started on 27 June 1997.

Is MusQteers registered on Peppol?

Yes, MusQteers is registered on the Peppol network with ID 0208:0460957559.

What is the enterprise number of MusQteers?

The enterprise number of MusQteers is BE0460957559.

When was MusQteers founded?

MusQteers was founded on 27 June 1997.

Who are the directors of MusQteers?

According to the 2025 annual accounts, the directors of MusQteers are: Karl Verlinden.

Is MusQteers a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 June 1997; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MusQteers make in 2025?

MusQteers recorded a loss after taxes of € 641,632 in financial year 2025.

What is the revenue of MusQteers?

In its most recent annual accounts (2025), MusQteers reported revenue of € 1,320,000.

MusQteers (Private Limited) - Bornem - BE0460957559

Q: What does MusQteers do?

MusQteers is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 27 June 1997, 1 establishment.

Dossier MusQteers, printed on 29 October 2026 from databakkes.be/en/0460957559/musqteers. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MusQteers from Bornem, company number BE0460957559, closed financial year 2025 with a result of € -641,632 after tax. For that financial year MusQteers recorded revenue of € 1.3 million and equity of € -5.7 million. Compared with financial year 2024, the result moved from € -1.6 million to € -641,632. 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 August 31, 2026.

What it is worth Caution

€ -5.7 million

▼ € 641,632 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -641,632

▲ 61 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 36,519

▲ € 32,026 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -11.4 million.

Debts at end 2025

Bank debt ≈ 34 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 37.4 million

▲ 2% vs 2024

€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 34 years.

Owed to suppliers

€ 209,569

▲ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 126 days on average.

Taxes

€ 963

▼ 95% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,750,302 Revenue 2022: € 1,750,302 First fiscal year in the series	€ 1,860,000 Revenue 2023: € 1,860,000 ▲ 6% vs 2022 (€ 1,750,302) Favourable step	€ 1,200,000 Revenue 2024: € 1,200,000 ▼ 35% vs 2023 (€ 1,860,000) Unfavourable step	€ 1,320,000 Revenue 2025: € 1,320,000 ▲ 10% vs 2024 (€ 1,200,000) Favourable step	▲ 10%
Profit after taxes	€ -43,911,274 Profit after taxes 2022: € -43,911,274 First fiscal year in the series	€ -1,088,706 Profit after taxes 2023: € -1,088,706 ▲ € 42.8 million vs 2022 (€ -43,911,274) Favourable step	€ -1,631,376 Profit after taxes 2024: € -1,631,376 ▼ € 542,670 vs 2023 (€ -1,088,706) Unfavourable step	€ -641,632 Profit after taxes 2025: € -641,632 ▲ € 989,744 vs 2024 (€ -1,631,376) Favourable step	▲ € 989,744
Equity	€ -2,327,232 Equity 2022: € -2,327,232 First fiscal year in the series	€ -3,415,938 Equity 2023: € -3,415,938 ▼ € 1.1 million vs 2022 (€ -2,327,232) Unfavourable step	€ -5,047,314 Equity 2024: € -5,047,314 ▼ € 1.6 million vs 2023 (€ -3,415,938) Unfavourable step	€ -5,688,946 Equity 2025: € -5,688,946 ▼ € 641,632 vs 2024 (€ -5,047,314) Unfavourable step	▼ € 641,632
Total debts	€ 40,170,862 Total debts 2022: € 40,170,862 First fiscal year in the series	€ 36,022,017 Total debts 2023: € 36,022,017 ▼ 10% vs 2022 (€ 40,170,862) Favourable step	€ 37,454,688 Total debts 2024: € 37,454,688 ▲ 4% vs 2023 (€ 36,022,017) Unfavourable step	€ 38,067,697 Total debts 2025: € 38,067,697 ▲ 2% vs 2024 (€ 37,454,688) Unfavourable step	▲ 2%
Cash	€ 23,028 Cash 2022: € 23,028 First fiscal year in the series	€ 58,415 Cash 2023: € 58,415 ▲ 154% vs 2022 (€ 23,028) Favourable step	€ 4,493 Cash 2024: € 4,493 ▼ 92% vs 2023 (€ 58,415) Unfavourable step	€ 36,519 Cash 2025: € 36,519 ▲ € 32,026 vs 2024 (€ 4,493) Favourable step	▲ € 32,026
Retained profit	€ -8,049,615 Retained profit 2022: € -8,049,615 First fiscal year in the series	€ -9,138,321 Retained profit 2023: € -9,138,321 ▼ € 1.1 million vs 2022 (€ -8,049,615) Unfavourable step	€ -10,769,697 Retained profit 2024: € -10,769,697 ▼ € 1.6 million vs 2023 (€ -9,138,321) Unfavourable step	€ -11,411,329 Retained profit 2025: € -11,411,329 ▼ € 641,632 vs 2024 (€ -10,769,697) Unfavourable step	▼ € 641,632
Bank debt	€ 39,700,436 Bank debt 2022: € 39,700,436 First fiscal year in the series	€ 35,448,464 Bank debt 2023: € 35,448,464 ▼ 11% vs 2022 (€ 39,700,436) Favourable step	€ 36,743,705 Bank debt 2024: € 36,743,705 ▲ 4% vs 2023 (€ 35,448,464) Unfavourable step	€ 37,401,423 Bank debt 2025: € 37,401,423 ▲ 2% vs 2024 (€ 36,743,705) Unfavourable step	▲ 2%
Balance sheet total	€ 37,843,630 Balance sheet total 2022: € 37,843,630 First fiscal year in the series	€ 32,606,079 Balance sheet total 2023: € 32,606,079 ▼ 14% vs 2022 (€ 37,843,630) Unchanged	€ 32,407,374 Balance sheet total 2024: € 32,407,374 ▼ 1% vs 2023 (€ 32,606,079) Unchanged	€ 32,378,751 Balance sheet total 2025: € 32,378,751 Unchanged (€ 32,407,374) Unchanged

Key figures of MusQteers, 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 MusQteers?

What happened at MusQteers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 641,632. filed late Source: NBB ↗
2023 Karl Verlinden became a director. NBB
Aug 4, 1997 New establishment in Bornem. KBO
Jun 27, 1997 Start of the company according to the CBE. KBO

In short

From € 43.9 million loss in 2022 to € 641,632 loss in 2025.

Paid € 4,313 in corporate taxes since 2022.

Pays suppliers within 126 days on average.

Original PDFs at the National Bank ↗

Management

Karl Verlinden

MusQteers

SAS GIFRER & BARBEZAT 100%

LABORATORIA QUALIPHAR NV 99.9%

Behind MusQteers is Karl Verlinden. It owns 100% of SAS GIFRER & BARBEZAT and 99.9% of LABORATORIA QUALIPHAR NV itself.

Directors

According to the 2025 annual accounts

Karl Verlinden

Director

Also active at: LABORATORIA QUALIPHAR, Liantis sociaal secretariaat, Liantis group, Liantis sociaal verzekeringsfonds, LIANTIS EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING, SYNTRA PROVINCIES ANTWERPEN EN VLAAMS - BRABANT, Liantis risk solutions, Liantis corporate +7 more

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Rijksweg(BOR) 9

2880 Bornem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

LABORATORIA QUALIPHAR same network

€ 44.9 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0460.957.559

VAT number

BE 0460.957.559

Registered office

Rijksweg(BOR) 9, 2880 Bornem

Names & denominations

MusQteers

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 June 1997

Peppol

Active · Active since 3 Feb 2026

Contact

[email protected]

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

MusQteers

Warning lights

Financials

What happened to MusQteers?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions