QSTM is a logistics company in Brugge. Private Limited, started on 11 October 2001, 1 establishment.

What is the address of QSTM?

The registered office of QSTM is located at Pathoekeweg 9 box 2, 8000 Brugge.

Is QSTM still active?

Yes. According to the CBE (29 October 2026) QSTM is active, legal situation “Normale toestand”, started on 11 October 2001.

Is QSTM registered on Peppol?

Yes, QSTM is registered on the Peppol network with ID 0208:0475825679.

What is the enterprise number of QSTM?

The enterprise number of QSTM is BE0475825679.

When was QSTM founded?

QSTM was founded on 11 October 2001.

Who are the directors of QSTM?

According to the 2025 annual accounts, the directors of QSTM are: Kris Van Hecken.

Is QSTM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 October 2001; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did QSTM make in 2025?

QSTM posted a profit after taxes of € 47,686 in financial year 2025.

What is the revenue of QSTM?

As a small company, QSTM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 4,068.

QSTM (Private Limited) - Brugge - BE0475825679

Dossier QSTM, printed on 29 October 2026 from databakkes.be/en/0475825679/qstm. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

QSTM from Brugge, company number BE0475825679, closed financial year 2025 with a result of € 47,686 after tax. For that financial year QSTM recorded a gross margin of € 4,068 and equity of € 529,374. Compared with financial year 2024, the result moved from € 15,815 to € 47,686. Profitable, and profit is growing. 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 June 12, 2026.

What it is worth Healthy

€ 529,374

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 47,686

▲ 202% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,998

▲ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 93,233 paid out

More than the year’s profit went to the shareholders; reserves fell.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 5,184

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 569

▼ 95% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 32,942 Gross margin 2022: € 32,942 First fiscal year in the series	€ 26,978 Gross margin 2023: € 26,978 ▼ 18% vs 2022 (€ 32,942) Unfavourable step	€ 32,935 Gross margin 2024: € 32,935 ▲ 22% vs 2023 (€ 26,978) Favourable step	€ 4,068 Gross margin 2025: € 4,068 ▼ 88% vs 2024 (€ 32,935) Unfavourable step	▼ 88%
Profit after taxes	€ 110,753 Profit after taxes 2022: € 110,753 First fiscal year in the series	€ 131,349 Profit after taxes 2023: € 131,349 ▲ 19% vs 2022 (€ 110,753) Favourable step	€ 15,815 Profit after taxes 2024: € 15,815 ▼ 88% vs 2023 (€ 131,349) Unfavourable step	€ 47,686 Profit after taxes 2025: € 47,686 ▲ 202% vs 2024 (€ 15,815) Favourable step	▲ 202%
Equity	€ 427,757 Equity 2022: € 427,757 First fiscal year in the series	€ 559,106 Equity 2023: € 559,106 ▲ 31% vs 2022 (€ 427,757) Favourable step	€ 574,921 Equity 2024: € 574,921 ▲ 3% vs 2023 (€ 559,106) Favourable step	€ 529,374 Equity 2025: € 529,374 ▼ 8% vs 2024 (€ 574,921) Unfavourable step	▼ 8%
Total debts	€ 156,464 Total debts 2022: € 156,464 First fiscal year in the series	€ 42,386 Total debts 2023: € 42,386 ▼ 73% vs 2022 (€ 156,464) Favourable step	€ 38,062 Total debts 2024: € 38,062 ▼ 10% vs 2023 (€ 42,386) Favourable step	€ 47,925 Total debts 2025: € 47,925 ▲ 26% vs 2024 (€ 38,062) Unfavourable step	▲ 26%
Cash	€ 13,663 Cash 2022: € 13,663 First fiscal year in the series	€ 9,155 Cash 2023: € 9,155 ▼ 33% vs 2022 (€ 13,663) Unfavourable step	€ 19,998 Cash 2024: € 19,998 ▲ 118% vs 2023 (€ 9,155) Favourable step	€ 22,998 Cash 2025: € 22,998 ▲ 15% vs 2024 (€ 19,998) Favourable step	▲ 15%
Retained profit	€ 409,157 Retained profit 2022: € 409,157 First fiscal year in the series	€ 540,506 Retained profit 2023: € 540,506 ▲ 32% vs 2022 (€ 409,157) Favourable step	€ 556,321 Retained profit 2024: € 556,321 ▲ 3% vs 2023 (€ 540,506) Favourable step	€ 510,774 Retained profit 2025: € 510,774 ▼ 8% vs 2024 (€ 556,321) Unfavourable step	▼ 8%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 93,233 Dividend 2025: € 93,233 Unchanged (€ 0) Unchanged
Bank debt	€ 115,000 Bank debt 2022: € 115,000 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 115,000) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 584,221 Balance sheet total 2022: € 584,221 First fiscal year in the series	€ 601,493 Balance sheet total 2023: € 601,493 ▲ 3% vs 2022 (€ 584,221) Unchanged	€ 612,983 Balance sheet total 2024: € 612,983 ▲ 2% vs 2023 (€ 601,493) Unchanged	€ 577,299 Balance sheet total 2025: € 577,299 ▼ 6% vs 2024 (€ 612,983) Unchanged	▼ 6%

Key figures of QSTM, 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 QSTM?

What happened at QSTM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 12, 2026 New annual accounts for financial year 2025: profit of € 47,686 (▲ 202% vs 2024). Source: NBB ↗
2023 Kris Van Hecken became a director. NBB
Jan 4, 2002 New establishment in Brugge. KBO
Oct 11, 2001 Start of the company according to the CBE. KBO

In short

From € 110,753 profit in 2022 to € 47,686 profit in 2025.

Paid € 53,479 in corporate taxes since 2022.

Best year ever: 2023, with € 131,349 profit.

Paid out € 93,233 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Kris Van Hecken

QSTM

Eagle nv 99.8%

Behind QSTM is Kris Van Hecken. It owns 99.8% of Eagle nv itself.

Directors

According to the 2025 annual accounts

Kris Van Hecken

Director

Also active at: Eagle

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Pathoekeweg 9 box 2

8000 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.

All companies at this address →

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Sociaal-Pedagogisch en Psychologisch Studiebureau

€ 97,962 gross margin · 2024

Eagle same network

€ 983,771 gross margin · 2025

ITICON

€ 243,901 gross margin · 2025

PURE PARKET

€ 577,066 gross margin · 2025

+8 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

0475.825.679

VAT number

BE 0475.825.679

Registered office

Pathoekeweg 9 bus 2, 8000 Brugge

Names & denominations

QSTM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 October 2001

Peppol

Active · Active since 5 Mar 2026

Activities · NACE

Logistieke diensten

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

QSTM

Warning lights

Financials

What happened to QSTM?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions