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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
Q-TRADE M from Merksplas, company number BE0473950413, closed financial year 2025 with a result of € -33,074 after tax. For that financial year Q-TRADE M recorded a gross margin of € 59,656 and equity of € -857,596. Compared with financial year 2024, the result moved from € -104,721 to € -33,074. 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 May 21, 2026.
€ -857,596
▼ € 33,074 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,074
▲ 68 % less loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -876,196.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 99,277
▼ 50% vs 2024
€ 82,448 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 72,604
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 752,848 | € 171,042 | € -25,428 | € 59,656 | ▲ € 85,085 |
| Profit after taxes | € 27,302 | € 32,408 | € -104,721 | € -33,074 | ▲ € 71,648 |
| Equity | € -752,208 | € -719,801 | € -824,522 | € -857,596 | ▼ € 33,074 |
| Total debts | € 1,967,232 | € 1,625,127 | € 1,390,067 | € 1,070,936 | ▼ 23% |
| Cash | € 23,410 | € 18,830 | € 376 | € 0 | ▼ 100% |
| Retained profit | € -770,808 | € -738,401 | € -843,122 | € -876,196 | ▼ € 33,074 |
| Bank debt | € 327,603 | € 258,276 | € 200,175 | € 99,277 | ▼ 50% |
| Balance sheet total | € 1,215,024 | € 905,326 | € 565,545 | € 213,340 | ▼ 62% |
| Employees (FTE) | 9.8 | 0 | 0 | 0 |
Key figures of Q-TRADE M, 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 Q-TRADE M?
What happened at Q-TRADE M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Q-TRADE M is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 33,074. Source: NBB ↗
- Jimmy Quirynen became a director. NBB
- New establishment in Merksplas. KBO
- Quirynen - Oversteyns BV became a director. NBB
- Biezenlaagte COMMV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,302 profit in 2022 to € 33,074 loss in 2025.
Paid € 30,457 in corporate taxes since 2022.
Best year ever: 2023, with € 32,408 profit.
On average € 76,800 of value added per employee in 2022.
Management
Behind Q-TRADE M are Jimmy Quirynen, Quirynen - Oversteyns BV and Biezenlaagte COMMV. The shares are held by Q-Invest (99.5%) and Quirynen Dairy Farming (0.5%).
Directors
According to the 2025 annual accounts
Jimmy Quirynen
Director
Holds a stake via Quirynen Dairy Farming
Also active at: Quirynen Dairy Farming, QUIRYNEN AGRI FARMING, LSL Logistics, Q-INVEST, QUILOVE
since 2025
Director · represented by Quirynen Frank
Also active at: Quirynen Dairy Farming, De Bosduif, Q-INVEST
since 2001
Director · represented by Quirynen Bart
Also active at: QUIRYNEN AGRI FARMING, Q-INVEST
since 2001
Shareholders
99.5%
Quirynen Dairy Farming · holding of Jimmy Quirynen
0.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koekhoven 38 box 1
2330 Merksplas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Quirynen Dairy Farming same network
€ -608,283 gross margin · 2025
De Bosduif same network
€ 482,421 gross margin · 2025
Groep Quirynen
JQ-MANAGEMENT
€ 42,479 gross margin · 2025
FBJ-holding
€ 905,564 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.950.413
- VAT number
- BE 0473.950.413
- Registered office
- Koekhoven 38 bus 1, 2330 Merksplas
- Names & denominations
- Q-TRADE M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 29 January 2001
- Peppol
- Not registered
- Activities · NACE
Goederenvervoer over de weg
Verhuur en lease van landbouwmachines en -werktuigen
Detailhandel in zuivelproducten en eieren
Verhuur en lease van vrachtwagens
Detailhandel in zuivelproducten en eieren in gespecialiseerde winkels