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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPACE KWESTO from Hasselt, company number BE0465413225, closed financial year 2025 with a result of € -5,654 after tax. For that financial year ESPACE KWESTO recorded a gross margin of € 820,512 and equity of € 965,665. Compared with financial year 2024, the result moved from € 92,830 to € -5,654. 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 14, 2026.
€ 965,665
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,654
▼ still € 92,830 profit in 2024
Profit after tax over the fiscal year.
€ 387,018
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 817,752.
People and assets in 2025
11.6
Average over the fiscal year, from the social balance sheet.
€ 668,940
▼ 5% vs 2024
€ 57,700 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.
€ 1,658
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 527,317
▼ 16% vs 2024
€ 111,401 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 344,824
▲ 137% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 138,330
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,030,149 | € 917,923 | € 958,898 | € 820,512 | ▼ 14% |
| Profit after taxes | € 176,680 | € 48,942 | € 92,830 | € -5,654 | ▼ € 98,484 |
| Equity | € 829,546 | € 878,489 | € 971,319 | € 965,665 | ▼ 1% |
| Total debts | € 1,693,530 | € 1,397,920 | € 1,253,717 | € 1,391,532 | ▲ 11% |
| Cash | € 480,671 | € 434,059 | € 410,459 | € 387,018 | ▼ 6% |
| Retained profit | € 681,634 | € 730,577 | € 823,406 | € 817,752 | ▼ 1% |
| Bank debt | € 978,336 | € 824,491 | € 627,976 | € 527,317 | ▼ 16% |
| Balance sheet total | € 2,523,077 | € 2,276,409 | € 2,225,036 | € 2,357,197 | ▲ 6% |
| Employees (FTE) | 10.4 | 13 | 11.6 | 11.6 |
Key figures of ESPACE KWESTO, 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 ESPACE KWESTO?
What happened at ESPACE KWESTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALTHI-INVEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5,654 (▼ € 98,484 vs 2024). filed late Source: NBB ↗
- ALTHI-INVEST NV became a director. NBB
- New establishment in Genk. KBO
- New establishment in Genk. KBO
- New establishment in Hasselt. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 176,680 profit in 2022 to € 5,654 loss in 2025.
Paid € 395 in corporate taxes since 2022.
Best year ever: 2022, with € 176,680 profit.
On average € 70,700 of value added per employee in 2025.
Management
The stake of Palms - Jans, ALTHI-INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ESPACE KWESTOThe shares are held by Palms - Jans (34.2%) and ALTHI-INVEST (21.8%).
Directors
According to the 2025 annual accounts
Director · represented by PALMS INGE
since 2021 · until 2027
Shareholders
34.2%
21.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koning Albertstraat 38
3500 Hasselt
Maastrichterstraat 7
3500 Hasselt
Active since 1 August 2013
Rootenstraat 8 box 66
3600 Genk
Active since 10 April 2014
Rootenstraat 8 box 16
3600 Genk
Active since 10 April 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.413.225
- VAT number
- BE 0465.413.225
- Registered office
- Koning Albertstraat 38, 3500 Hasselt
- Names & denominations
- ESPACE KWESTO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 1999
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Detailhandel in damesbovenkleding
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer