What does Kwasyst do?

Kwasyst is a joiner in Herent. Private Limited, started on 29 January 2014, 1 establishment.

What is the address of Kwasyst?

The registered office of Kwasyst is located at Mechelsesteenweg 1091, 3020 Herent.

Is Kwasyst still active?

Yes. According to the CBE (30 October 2026) Kwasyst is active, legal situation “Normale toestand”, started on 29 January 2014.

Is Kwasyst registered on Peppol?

Yes, Kwasyst is registered on the Peppol network with ID 0208:0544847218.

What is the enterprise number of Kwasyst?

The enterprise number of Kwasyst is BE0544847218.

When was Kwasyst founded?

Kwasyst was founded on 29 January 2014.

Who are the directors of Kwasyst?

According to the 2025 annual accounts, the directors of Kwasyst are: VDBR, Iltho, Stidge.

Is Kwasyst a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 January 2014; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Kwasyst make in 2025?

Kwasyst posted a profit after taxes of € 76,083 in financial year 2025.

What is the revenue of Kwasyst?

As a small company, Kwasyst is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 686,628.

How much does an employee at Kwasyst earn?

The average wage cost per full-time employee at Kwasyst was € 69,600 in 2025: staff costs of € 536,288 for 7.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Kwasyst have?

According to the 2025 annual accounts, Kwasyst has 7.7 full-time equivalents (FTE).

Kwasyst (Private Limited) - Herent - BE0544847218

Dossier Kwasyst, printed on 30 October 2026 from databakkes.be/en/0544847218/kwasyst. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Kwasyst from Herent, company number BE0544847218, closed financial year 2025 with a result of € 76,083 after tax. For that financial year Kwasyst recorded a gross margin of € 686,628 and equity of € 1 million. Compared with financial year 2024, the result moved from € 155,237 to € 76,083. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Healthy

€ 1 million

▼ 3% vs 2024

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

Profit Healthy

€ 76,083

▼ 51% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 40,418

▲ 4% vs 2024

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

Where the profit goes Pays out

€ 108,340 paid out

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

People and assets in 2025

Full-time equivalents

7.7

▲ 1.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 536,288

▲ 19% vs 2024

€ 69,600 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.

Vehicles and equipment

€ 57,920

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 578,615

▲ 236% vs 2024

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

Taxes and wages

€ 120,942

▲ 71% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 865,412 Gross margin 2022: € 865,412 First fiscal year in the series	€ 947,271 Gross margin 2023: € 947,271 ▲ 9% vs 2022 (€ 865,412) Favourable step	€ 676,298 Gross margin 2024: € 676,298 ▼ 29% vs 2023 (€ 947,271) Unfavourable step	€ 686,628 Gross margin 2025: € 686,628 ▲ 2% vs 2024 (€ 676,298) Favourable step	▲ 2%
Profit after taxes	€ 204,113 Profit after taxes 2022: € 204,113 First fiscal year in the series	€ 162,392 Profit after taxes 2023: € 162,392 ▼ 20% vs 2022 (€ 204,113) Unfavourable step	€ 155,237 Profit after taxes 2024: € 155,237 ▼ 4% vs 2023 (€ 162,392) Unfavourable step	€ 76,083 Profit after taxes 2025: € 76,083 ▼ 51% vs 2024 (€ 155,237) Unfavourable step	▼ 51%
Equity	€ 973,677 Equity 2022: € 973,677 First fiscal year in the series	€ 1,006,550 Equity 2023: € 1,006,550 ▲ 3% vs 2022 (€ 973,677) Favourable step	€ 1,053,446 Equity 2024: € 1,053,446 ▲ 5% vs 2023 (€ 1,006,550) Favourable step	€ 1,021,189 Equity 2025: € 1,021,189 ▼ 3% vs 2024 (€ 1,053,446) Unfavourable step	▼ 3%
Total debts	€ 882,413 Total debts 2022: € 882,413 First fiscal year in the series	€ 905,853 Total debts 2023: € 905,853 ▲ 3% vs 2022 (€ 882,413) Unfavourable step	€ 838,791 Total debts 2024: € 838,791 ▼ 7% vs 2023 (€ 905,853) Favourable step	€ 2,036,676 Total debts 2025: € 2,036,676 ▲ 143% vs 2024 (€ 838,791) Unfavourable step	▲ 143%
Cash	€ 62,739 Cash 2022: € 62,739 First fiscal year in the series	€ 62,811 Cash 2023: € 62,811 Unchanged (€ 62,739) Favourable step	€ 38,884 Cash 2024: € 38,884 ▼ 38% vs 2023 (€ 62,811) Unfavourable step	€ 40,418 Cash 2025: € 40,418 ▲ 4% vs 2024 (€ 38,884) Favourable step	▲ 4%
Land & buildings	€ 417 Land & buildings 2022: € 417 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 417) Unchanged	-	€ 171 Land & buildings 2025: € 171 First fiscal year in the series
Retained profit	€ 403,677 Retained profit 2022: € 403,677 First fiscal year in the series	€ 436,550 Retained profit 2023: € 436,550 ▲ 8% vs 2022 (€ 403,677) Favourable step	€ 483,446 Retained profit 2024: € 483,446 ▲ 11% vs 2023 (€ 436,550) Favourable step	€ 451,189 Retained profit 2025: € 451,189 ▼ 7% vs 2024 (€ 483,446) Unfavourable step	▼ 7%
Dividend	€ 129,520 Dividend 2022: € 129,520 First fiscal year in the series	€ 129,520 Dividend 2023: € 129,520 Unchanged (€ 129,520) Unchanged	€ 108,340 Dividend 2024: € 108,340 ▼ 16% vs 2023 (€ 129,520) Unchanged	€ 108,340 Dividend 2025: € 108,340 Unchanged (€ 108,340) Unchanged
Bank debt	€ 120,362 Bank debt 2022: € 120,362 First fiscal year in the series	€ 71,840 Bank debt 2023: € 71,840 ▼ 40% vs 2022 (€ 120,362) Favourable step	€ 44,361 Bank debt 2024: € 44,361 ▼ 38% vs 2023 (€ 71,840) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 44,361) Favourable step	▼ 100%
Balance sheet total	€ 1,856,091 Balance sheet total 2022: € 1,856,091 First fiscal year in the series	€ 1,912,403 Balance sheet total 2023: € 1,912,403 ▲ 3% vs 2022 (€ 1,856,091) Unchanged	€ 1,892,237 Balance sheet total 2024: € 1,892,237 ▼ 1% vs 2023 (€ 1,912,403) Unchanged	€ 3,057,865 Balance sheet total 2025: € 3,057,865 ▲ 62% vs 2024 (€ 1,892,237) Unchanged	▲ 62%
Employees (FTE)	11.4 Employees (FTE) 2022: 11.4 First fiscal year in the series	10.3 Employees (FTE) 2023: 10.3 ▼ 1.1 vs 2022 (11.4) Unchanged	6.3 Employees (FTE) 2024: 6.3 ▼ 4 vs 2023 (10.3) Unchanged	7.7 Employees (FTE) 2025: 7.7 ▲ 1.4 vs 2024 (6.3) Unchanged	▲ 1.4

Key figures of Kwasyst, 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 Kwasyst?

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

Jul 30, 2026 New annual accounts for financial year 2025: profit of € 76,083 (▼ 51% vs 2024). Source: NBB ↗
2023 VDBR became a director. NBB
2023 Iltho became a director. NBB
2023 Stidge became a director. NBB
Jan 29, 2014 New establishment in Herent. KBO
Jan 29, 2014 Start of the company according to the CBE. KBO

In short

From € 204,113 profit in 2022 to € 76,083 profit in 2025.

Paid € 268,633 in corporate taxes since 2022.

Best year ever: 2022, with € 204,113 profit.

On average € 89,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ILTHO 30%

The stake of ILTHO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Kwasyst

Improve-it 100%

Behind Kwasyst are VDBR, Iltho and Stidge. The shares are held by ILTHO (30%). It owns 100% of Improve-it itself.

Directors

According to the 2025 annual accounts

VDBR

Director · represented by Patrick Vandenbroecke

Also active at: IMPROVE IT

since 2023

Iltho

Director · represented by Stefan Thomas

Also active at: IMPROVE IT

since 2023

Stidge

Director · represented by Stijn Plehiers

Also active at: IMPROVE IT

since 2023

Shareholders

ILTHO

30%

Participations

Improve-it

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Mechelsesteenweg 1091

3020 Herent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0544.847.218

VAT number

BE 0544.847.218

Registered office

Mechelsesteenweg 1091, 3020 Herent

Names & denominations

Kwasyst

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 January 2014

Peppol

Active · Active since 31 Dec 2025

Activities · NACE

Schrijnwerk

Handelsbemiddeling in de groothandel in hout en bouwmaterialen

View on CBE Public ↗ Annual accounts (NBB) ↗

Kwasyst

Financials

What happened to Kwasyst?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions