Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Kwadraad from Herk-de-Stad, company number BE0549905173, closed financial year 2025 with a result of € -108,451 after tax. For that financial year Kwadraad recorded a gross margin of € 48,469 and equity of € 7,865. Compared with financial year 2024, the result moved from € -48,128 to € -108,451. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 26, 2025.
€ 7,865
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -108,451
▼ 125 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,241
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,735.
People and assets in 2025
€ 40,611
▼ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,930
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 399,309
▼ 9% vs 2024
€ 47,235 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 9,607
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,802
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 199,549 | € 191,115 | € 83,639 | € 48,469 | ▼ 42% |
| Profit after taxes | € 39,245 | € 9,172 | € -48,128 | € -108,451 | ▼ € 60,323 |
| Equity | € 155,272 | € 164,444 | € 116,316 | € 7,865 | ▼ 93% |
| Total debts | € 768,401 | € 725,513 | € 643,001 | € 460,392 | ▼ 28% |
| Cash | € 96,069 | € 174,347 | € 69,183 | € 7,241 | ▼ 90% |
| Land & buildings | € 423,992 | € 390,156 | € 410,316 | € 363,831 | ▼ 11% |
| Retained profit | € 136,672 | € 145,844 | € 97,716 | € -10,735 | ▼ € 108,451 |
| Bank debt | € 541,787 | € 493,308 | € 440,425 | € 399,309 | ▼ 9% |
| Balance sheet total | € 923,674 | € 889,957 | € 759,317 | € 468,257 | ▼ 38% |
Key figures of Kwadraad, 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 October 2026.
What happened to Kwadraad?
What happened at Kwadraad in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 108,451. filed late Source: NBB ↗
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,245 profit in 2022 to € 108,451 loss in 2025.
Paid € 7,237 in corporate taxes since 2022.
Best year ever: 2022, with € 39,245 profit.
A new publication or filing at Kwadraad? 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
Directors
According to the 2025 annual accounts
Robby VANDEREYT
Director
Establishments
Establishment units
Physical locations of this company
Steenweg 3 box 402
3540 Herk-de-Stad
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →Rijks Aannemings- en Handelsbedrijf
€ 350,138 gross margin · 2025
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€ 296,089 gross margin · 2025
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€ 9.6 million revenue · 2025
HANSA ARMATUREN BELGIUM
€ 5.7 million revenue · 2025
CUIJPERS BELGIE
€ -62,686 gross margin · 2024
+70 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
- 0549.905.173
- VAT number
- BE 0549.905.173
- Registered office
- Steenweg 3 bus 402, 3540 Herk-de-Stad
- Names & denominations
- Kwadraad
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 2014
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Organisatie van congressen en beurzen
Literaire creatie
Creatie van beeldende kunsten
Beoefening van uitvoerende kunsten door artistieke ensembles
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
+4