Financials
Financial year 2025
QBUS from Erpe-Mere, company number BE0466830316, closed financial year 2025 with a result of € 440,783 after tax. For that financial year QBUS recorded a gross margin of € 2.9 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 634,389 to € 440,783. 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 August 27, 2026.
€ 3.3 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 440,783
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 299,307
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
28 % of the profit went to the shareholders, mostly to ORIENSYS (55 % of the shares). That is where the money ends up.
People and assets in 2025
26.3
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 10% vs 2024
€ 71,400 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.
€ 76,651
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 426,632
▼ 16% vs 2024
€ 85,920 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 593,278
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 196,896
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,158,219 | € 2,724,406 | € 3,042,771 | € 2,939,254 | ▼ 3% |
| Profit after taxes | € 715,377 | € 895,684 | € 634,389 | € 440,783 | ▼ 31% |
| Equity | € 2,023,261 | € 2,602,462 | € 3,018,817 | € 3,324,201 | ▲ 10% |
| Total debts | € 1,759,081 | € 1,503,398 | € 1,658,298 | € 1,577,207 | ▼ 5% |
| Cash | € 165,932 | € 205,764 | € 166,254 | € 299,307 | ▲ 80% |
| Land & buildings | € 1,176,183 | € 1,117,164 | € 1,078,889 | € 1,056,355 | ▼ 2% |
| Retained profit | € 1,673,261 | € 2,252,462 | € 2,668,817 | € 2,974,201 | ▲ 11% |
| Dividend | € 300,000 | € 300,000 | € 200,000 | € 125,000 | ▼ 37% |
| Bank debt | € 777,755 | € 592,213 | € 509,274 | € 426,632 | ▼ 16% |
| Balance sheet total | € 3,782,342 | € 4,105,860 | € 4,677,115 | € 4,901,407 | ▲ 5% |
| Employees (FTE) | 17.8 | 21.7 | 25.5 | 26.3 | ▲ 0.8 |
Key figures of QBUS, 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 QBUS?
What happened at QBUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ORIENSYS BV stepped down as director. NBB
- David La Grange stepped down as director. NBB
- OREL CORPORATION LTD BO stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 440,783 (▼ 31% vs 2024). filed late Source: NBB ↗
- ORIENSYS BV became a director. NBB
- David La Grange became a director. NBB
- OREL CORPORATION LTD BO became a director. NBB
- New establishment in Erpe-Mere. KBO
In short
From € 715,377 profit in 2022 to € 440,783 profit in 2025.
Paid € 18,696 in corporate taxes since 2022.
Best year ever: 2023, with € 895,684 profit.
On average € 111,800 of value added per employee in 2025.
Management
The stake of ORIENSYS, BACON INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QBUSThe shares are held by ORIENSYS (55%) and BACON INVEST (10%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
David La Grange
Director
since 2024 · until 2030
Managing director · represented by Kushan Kodituwakku
since 2024 · until 2030
Shareholders
55%
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Joseph Cardijnstraat 19
9420 Erpe-Mere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0466.830.316
- VAT number
- BE 0466.830.316
- Registered office
- Joseph Cardijnstraat 19, 9420 Erpe-Mere
- Names & denominations
- QBUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1999
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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Groothandel in elektrisch materiaal inclusief installatiemateriaal
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