Financials
Financial year 2025
IQUATION from Steenokkerzeel, company number BE0702770047, closed financial year 2025 with a result of € 58,738 after tax. For that financial year IQUATION recorded a gross margin of € 80,268 and equity of € 18,600. Compared with financial year 2024, the result moved from € 47,082 to € 58,738. Profitable, and profit is growing. The buffer shrank hard: equity is 81 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 18,600
▼ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,738
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 18,510
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 137,381 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,197
▲ € 1,092 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,896
▲ 93% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,654 | € 43,539 | € 60,266 | € 80,268 | ▲ 33% |
| Profit after taxes | € 27,060 | € 33,913 | € 47,082 | € 58,738 | ▲ 25% |
| Equity | € 45,660 | € 79,573 | € 97,244 | € 18,600 | ▼ 81% |
| Total debts | € 27,435 | € 10,207 | € 8,968 | € 22,816 | ▲ 154% |
| Cash | € 60,452 | € 72,398 | € 78,481 | € 18,510 | ▼ 76% |
| Retained profit | € 27,060 | € 60,973 | € 78,644 | € 0 | ▼ 100% |
| Dividend | € 71,826 | € 0 | € 29,412 | € 137,381 | ▲ € 107,970 |
| Balance sheet total | € 73,095 | € 89,781 | € 106,211 | € 41,416 | ▼ 61% |
Key figures of IQUATION, 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 IQUATION?
What happened at IQUATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 58,738 (▲ 25% vs 2024). Source: NBB ↗
- Vaibhav Agarwal became a director. NBB
- New establishment in Steenokkerzeel. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,060 profit in 2022 to € 58,738 profit in 2025.
Paid € 48,520 in corporate taxes since 2022.
Best year ever: 2025, with € 58,738 profit.
Paid out € 238,619 in dividends to the owners in total.
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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
Vaibhav Agarwal
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hazenweg 15
1820 Steenokkerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.770.047
- VAT number
- BE 0702.770.047
- Registered office
- Hazenweg 15, 1820 Steenokkerzeel
- Names & denominations
- IQUATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2018
- Peppol
- Active · Active since 15 Oct 2025
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