Financials
Financial year 2025
AQAB from Gent, company number BE0473255674, closed financial year 2025 with a result of € 13,167 after tax. For that financial year AQAB recorded a gross margin of € 106,127 and equity of € 243,406. Compared with financial year 2024, the result moved from € 15,135 to € 13,167. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 243,406
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,167
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 281,360
▲ 26% 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 € 224,806.
People and assets in 2025
1.7
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 60,434
▲ 37% vs 2024
€ 35,500 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.
€ 50,391
▲ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.5 million
▲ 210% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,915
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,972 | € 116,163 | € 83,469 | € 106,127 | ▲ 27% |
| Profit after taxes | € 35,875 | € 27,371 | € 15,135 | € 13,167 | ▼ 13% |
| Equity | € 187,732 | € 215,103 | € 230,239 | € 243,406 | ▲ 6% |
| Total debts | € 2,331,190 | € 4,520,295 | € 1,531,774 | € 4,581,648 | ▲ 199% |
| Cash | € 181,074 | € 153,611 | € 222,782 | € 281,360 | ▲ 26% |
| Retained profit | € 169,132 | € 196,503 | € 211,639 | € 224,806 | ▲ 6% |
| Balance sheet total | € 2,518,922 | € 4,735,398 | € 1,762,012 | € 4,825,054 | ▲ 174% |
| Employees (FTE) | 1.9 | 1.8 | 1.6 | 1.7 | ▲ 0.1 |
Key figures of AQAB, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to AQAB?
What happened at AQAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,167 (▼ 13% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,875 profit in 2022 to € 13,167 profit in 2025.
Paid € 46,293 in corporate taxes since 2022.
Best year ever: 2022, with € 35,875 profit.
On average € 62,400 of value added per employee in 2025.
Management
Behind AQAB is Muhammad Dhr Khan.
Directors
According to the 2025 annual accounts
Muhammad Dhr Khan
Director
Establishments
Establishment units
Physical locations of this company
Sint-Jacobsnieuwstraat 26
9000 Gent
Jan Samijnstraat 15 box E
9050 Gent
Active since 1 September 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.255.674
- VAT number
- BE 0473.255.674
- Registered office
- Sint-Jacobsnieuwstraat 26, 9000 Gent
- Names & denominations
- AQAB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2000
- Peppol
- Active · Active since 30 Nov 2025
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