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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Q-ADSL from Tienen, company number BE0502935793, closed financial year 2025 with a result of € 9,878 after tax. For that financial year Q-ADSL recorded a gross margin of € 49,566 and equity of € 25,641. Compared with financial year 2024, the result moved from € 25,835 to € 9,878. 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 July 31, 2026.
€ 25,641
▲ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,878
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 29,504
▲ 54% 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 € -96,359.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,417
▲ 103% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 106,913
▼ 24% vs 2024
€ 27,680 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,682
▲ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,351
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,631 | € 30,091 | € 69,707 | € 49,566 | ▼ 29% |
| Profit after taxes | € -59,967 | € -21,075 | € 25,835 | € 9,878 | ▼ 62% |
| Equity | € 11,003 | € -10,072 | € 15,763 | € 25,641 | ▲ 63% |
| Total debts | € 398,339 | € 358,421 | € 320,471 | € 287,066 | ▼ 10% |
| Cash | € 23,550 | € 11,388 | € 19,149 | € 29,504 | ▲ 54% |
| Land & buildings | € 304,556 | € 280,223 | € 254,890 | € 229,557 | ▼ 10% |
| Retained profit | € -110,997 | € -132,072 | € -106,237 | € -96,359 | ▲ € 9,878 |
| Bank debt | € 212,687 | € 176,806 | € 140,064 | € 106,913 | ▼ 24% |
| Balance sheet total | € 409,342 | € 348,349 | € 336,234 | € 312,707 | ▼ 7% |
Key figures of Q-ADSL, 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-ADSL?
What happened at Q-ADSL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Dekerk stepped down as director. NBB
- Dries Dekerk stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9,878 (▼ 62% vs 2024). Source: NBB ↗
- Steven Dekerk became a director. NBB
- Dries Dekerk became a director. NBB
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,967 loss in 2022 to € 9,878 profit in 2025.
Paid € 1,637 in corporate taxes since 2022.
Best year ever: 2024, with € 25,835 profit.
A new publication or filing at Q-ADSL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Q-ADSL is André Dekerk. It owns 88% of LBW invest, 40% of LBW Halen, 40% of Vastgoed Gezondheids Campus and 40% of Projects G itself.
Directors
According to the 2025 annual accounts
André Dekerk
Director
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Groenhofstraat(KMT) 54
3300 Tienen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.935.793
- VAT number
- BE 0502.935.793
- Registered office
- Groenhofstraat(KMT) 54, 3300 Tienen
- Names & denominations
- Q-ADSL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2013
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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