Financials
Financial year 2025
CSQ from Kuurne, company number BE0648949695, closed financial year 2025 with a result of € 54,756 after tax. For that financial year CSQ recorded a gross margin of € 79,703 and equity of € 71,353. Compared with financial year 2024, the result moved from € 91,044 to € 54,756. The company is profitable. 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 December 11, 2025.
€ 71,353
▼ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,756
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 97,386
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,949
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 75
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,497
▼ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,691 | € 139,469 | € 131,546 | € 79,703 | ▼ 39% |
| Profit after taxes | € 81,892 | € 101,256 | € 91,044 | € 54,756 | ▼ 40% |
| Equity | € 161,946 | € 163,202 | € 136,597 | € 71,353 | ▼ 48% |
| Total debts | € 79,806 | € 121,282 | € 131,165 | € 125,928 | ▼ 4% |
| Cash | € 159,221 | € 140,595 | € 138,349 | € 97,386 | ▼ 30% |
| Retained profit | € 143,346 | € 144,602 | € 117,997 | € 52,753 | ▼ 55% |
| Dividend | € 50,000 | € 100,000 | € 117,650 | € 120,000 | ▲ 2% |
| Balance sheet total | € 241,752 | € 284,484 | € 267,762 | € 197,282 | ▼ 26% |
Key figures of CSQ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to CSQ?
What happened at CSQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,756 (▼ 40% vs 2024). Source: NBB ↗
- Jacob Quartier became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,892 profit in 2022 to € 54,756 profit in 2025.
Paid € 88,802 in corporate taxes since 2022.
Best year ever: 2023, with € 101,256 profit.
Paid out € 387,650 in dividends to the owners in total.
Management
Behind CSQ is Jacob Quartier.
Directors
According to the 2025 annual accounts
Jacob Quartier
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Verbindingsweg 4
8520 Kuurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0648.949.695
- VAT number
- BE 0648.949.695
- Registered office
- Verbindingsweg 4, 8520 Kuurne
- Names & denominations
- CSQ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2016
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
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