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
Q - CAB from Kortemark, company number BE0465696406, closed financial year 2025 with a result of € 104,834 after tax. For that financial year Q - CAB recorded a gross margin of € 270,128 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 317,913 to € 104,834. 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 May 22, 2026.
€ 1.6 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,834
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 67,714
▼ 19% 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 € 1.6 million.
People and assets in 2025
€ 143,679
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 74,259
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 255,150
▼ 29% vs 2024
€ 65,763 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 16,124
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,282
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 588,383 | € 557,841 | € 574,336 | € 270,128 | ▼ 53% |
| Profit after taxes | € 273,487 | € 238,970 | € 317,913 | € 104,834 | ▼ 67% |
| Equity | € 1,553,533 | € 1,792,503 | € 1,512,464 | € 1,617,298 | ▲ 7% |
| Total debts | € 1,598,080 | € 1,737,780 | € 2,393,054 | € 2,056,244 | ▼ 14% |
| Cash | € 319,848 | € 114,752 | € 83,595 | € 67,714 | ▼ 19% |
| Land & buildings | € 383,805 | € 379,638 | € 375,532 | € 341,789 | ▼ 9% |
| Retained profit | € 1,534,941 | € 1,773,911 | € 1,493,872 | € 1,598,706 | ▲ 7% |
| Dividend | € 0 | € 0 | € 597,952 | € 0 | ▼ 100% |
| Bank debt | € 488,307 | € 424,776 | € 361,109 | € 255,150 | ▼ 29% |
| Balance sheet total | € 3,164,113 | € 3,542,783 | € 3,917,158 | € 3,682,682 | ▼ 6% |
Key figures of Q - CAB, 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 May 2027.
What happened to Q - CAB?
What happened at Q - CAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 104,834 (▼ 67% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Filip Hillebrant became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 273,487 profit in 2022 to € 104,834 profit in 2025.
Paid € 375,970 in corporate taxes since 2022.
Best year ever: 2024, with € 317,913 profit.
Paid out € 597,952 in dividends to the owners in total.
Management
Behind Q - CAB is Filip Hillebrant. Filip Hillebrant is also behind YPCAR Cy.
Directors
According to the 2025 annual accounts
since 1999
Establishments
Establishment units
Physical locations of this company
Hemelstraat 3
8610 Kortemark
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.696.406
- VAT number
- BE 0465.696.406
- Registered office
- Hemelstraat 3, 8610 Kortemark
- Names & denominations
- Q - CAB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1999
- Peppol
- Active · Active since 24 Nov 2023
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