What does QWIEZINE do?

QWIEZINE is a property company in Assenede. Private Limited, started on 20 December 2017, 1 establishment.

What is the address of QWIEZINE?

The registered office of QWIEZINE is located at Abdijstraat 40, 9968 Assenede.

Is QWIEZINE still active?

Yes. According to the CBE (29 October 2026) QWIEZINE is active, legal situation “Normale toestand”, started on 20 December 2017.

Is QWIEZINE registered on Peppol?

Yes, QWIEZINE is registered on the Peppol network with ID 0208:0686659040.

What is the enterprise number of QWIEZINE?

The enterprise number of QWIEZINE is BE0686659040.

When was QWIEZINE founded?

QWIEZINE was founded on 20 December 2017.

Who are the directors of QWIEZINE?

According to the 2025 annual accounts, the directors of QWIEZINE are: Samuel Baro.

Is QWIEZINE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 December 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did QWIEZINE make in 2025?

QWIEZINE recorded a loss after taxes of € 12,187 in financial year 2025.

What is the revenue of QWIEZINE?

As a small company, QWIEZINE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 18,718.

QWIEZINE (Private Limited) - Assenede - BE0686659040

Dossier QWIEZINE, printed on 29 October 2026 from databakkes.be/en/0686659040/qwiezine. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

QWIEZINE from Assenede, company number BE0686659040, closed financial year 2025 with a result of € -12,187 after tax. For that financial year QWIEZINE recorded a gross margin of € 18,718 and equity of € 57,605. Compared with financial year 2024, the result moved from € -30,724 to € -12,187. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Healthy

€ 57,605

▼ 17% vs 2024

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

Loss Caution

€ -12,187

▲ 60 % less loss than in 2024

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -42,395.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 278,783

▼ 13% vs 2024

€ 42,825 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 6,181

▼ 84% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 33,165 Gross margin 2022: € 33,165 First fiscal year in the series	€ 34,915 Gross margin 2023: € 34,915 ▲ 5% vs 2022 (€ 33,165) Favourable step	€ 5,220 Gross margin 2024: € 5,220 ▼ 85% vs 2023 (€ 34,915) Unfavourable step	€ 18,718 Gross margin 2025: € 18,718 ▲ 259% vs 2024 (€ 5,220) Favourable step	▲ 259%
Profit after taxes	€ 15,379 Profit after taxes 2022: € 15,379 First fiscal year in the series	€ 5,370 Profit after taxes 2023: € 5,370 ▼ 65% vs 2022 (€ 15,379) Unfavourable step	€ -30,724 Profit after taxes 2024: € -30,724 ▼ € 36,094 vs 2023 (€ 5,370) Unfavourable step	€ -12,187 Profit after taxes 2025: € -12,187 ▲ € 18,537 vs 2024 (€ -30,724) Favourable step	▲ € 18,537
Equity	€ 95,146 Equity 2022: € 95,146 First fiscal year in the series	€ 100,516 Equity 2023: € 100,516 ▲ 6% vs 2022 (€ 95,146) Favourable step	€ 69,792 Equity 2024: € 69,792 ▼ 31% vs 2023 (€ 100,516) Unfavourable step	€ 57,605 Equity 2025: € 57,605 ▼ 17% vs 2024 (€ 69,792) Unfavourable step	▼ 17%
Total debts	€ 514,154 Total debts 2022: € 514,154 First fiscal year in the series	€ 501,773 Total debts 2023: € 501,773 ▼ 2% vs 2022 (€ 514,154) Favourable step	€ 565,858 Total debts 2024: € 565,858 ▲ 13% vs 2023 (€ 501,773) Unfavourable step	€ 540,588 Total debts 2025: € 540,588 ▼ 4% vs 2024 (€ 565,858) Favourable step	▼ 4%
Cash	€ 202 Cash 2022: € 202 First fiscal year in the series	€ 0 Cash 2023: € 0 ▼ 100% vs 2022 (€ 202) Unfavourable step	-	-
Land & buildings	€ 309,167 Land & buildings 2022: € 309,167 First fiscal year in the series	€ 301,000 Land & buildings 2023: € 301,000 ▼ 3% vs 2022 (€ 309,167) Unchanged	€ 292,833 Land & buildings 2024: € 292,833 ▼ 3% vs 2023 (€ 301,000) Unchanged	€ 284,667 Land & buildings 2025: € 284,667 ▼ 3% vs 2024 (€ 292,833) Unchanged	▼ 3%
Retained profit	€ -4,854 Retained profit 2022: € -4,854 First fiscal year in the series	€ 516 Retained profit 2023: € 516 ▲ € 5,370 vs 2022 (€ -4,854) Favourable step	€ -30,208 Retained profit 2024: € -30,208 ▼ € 30,724 vs 2023 (€ 516) Unfavourable step	€ -42,395 Retained profit 2025: € -42,395 ▼ € 12,187 vs 2024 (€ -30,208) Unfavourable step	▼ € 12,187
Bank debt	€ 398,864 Bank debt 2022: € 398,864 First fiscal year in the series	€ 359,859 Bank debt 2023: € 359,859 ▼ 10% vs 2022 (€ 398,864) Favourable step	€ 320,387 Bank debt 2024: € 320,387 ▼ 11% vs 2023 (€ 359,859) Favourable step	€ 278,783 Bank debt 2025: € 278,783 ▼ 13% vs 2024 (€ 320,387) Favourable step	▼ 13%
Balance sheet total	€ 609,300 Balance sheet total 2022: € 609,300 First fiscal year in the series	€ 602,289 Balance sheet total 2023: € 602,289 ▼ 1% vs 2022 (€ 609,300) Unchanged	€ 635,650 Balance sheet total 2024: € 635,650 ▲ 6% vs 2023 (€ 602,289) Unchanged	€ 598,193 Balance sheet total 2025: € 598,193 ▼ 6% vs 2024 (€ 635,650) Unchanged	▼ 6%

Key figures of QWIEZINE, 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 QWIEZINE?

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

Jul 13, 2026 New annual accounts for financial year 2025: loss of € 12,187. Source: NBB ↗
Apr 1, 2020 New establishment in Assenede. KBO
2017 Samuel Baro became a director. NBB
Dec 20, 2017 Start of the company according to the CBE. KBO

In short

From € 15,379 profit in 2022 to € 12,187 loss in 2025.

Paid € 155 in corporate taxes since 2022.

Best year ever: 2022, with € 15,379 profit.

Original PDFs at the National Bank ↗

Management

Baro Projects 100%

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

QWIEZINE

't Molenhuis BV (voorheen: MVS³) 100%

Behind QWIEZINE is Samuel Baro. The shares are held by Baro Projects (100%). It owns 100% of 't Molenhuis BV (voorheen: MVS³) itself.

Directors

According to the 2025 annual accounts

Samuel Baro

Director

Also active at: KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling, Audio Video Studio Oostvlaamse Televisie, HR SQUARE Group, REFLEX HEALTHCARE PEOPLE, HR SQUARE, CENTURION, Planet Group Interim & Recruitment, Well Played +37 more

since 2017

Shareholders

Baro Projects

100%

Participations

't Molenhuis BV (voorheen: MVS³)

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Abdijstraat 40

9968 Assenede

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

IMMODEBA

€ 17,945 gross margin · 2025

CENTURION same network

€ 199,641 gross margin · 2025

't Molenhuis same network

€ 1,438 gross margin · 2025

DURBUY Vastgoed same network

€ -9,467 gross margin · 2025

Château de Jemeppe same network

€ 594,504 gross margin · 2025

+4 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

0686.659.040

VAT number

BE 0686.659.040

Registered office

Abdijstraat 40, 9968 Assenede

Names & denominations

QWIEZINE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 December 2017

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

QWIEZINE

Warning lights

Financials

What happened to QWIEZINE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions