Financials
Financial year 2025
QTHERM from Houthalen-Helchteren, company number BE0721817778, closed financial year 2025 with a result of € 36,373 after tax. For that financial year QTHERM recorded a gross margin of € 47,684 and equity of € 82,095. Compared with financial year 2024, the result moved from € 5,301 to € 36,373. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 82,095
▲ 80% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,373
▲ € 31,072 vs 2024
Profit after tax over the fiscal year.
€ 39,764
▲ € 34,962 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10,697.
People and assets in 2025
€ 68
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,687
Loans from banks and other lenders, long and short.
€ 20,666
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,167
▲ 47% 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 | € 17,372 | € 2,646 | € 11,446 | € 47,684 | ▲ € 36,237 |
| Profit after taxes | € 8,320 | € -4,515 | € 5,301 | € 36,373 | ▲ € 31,072 |
| Equity | € 44,936 | € 40,421 | € 45,722 | € 82,095 | ▲ 80% |
| Total debts | € 58,559 | € 54,408 | € 20,199 | € 29,819 | ▲ 48% |
| Cash | € 12,705 | € 3,036 | € 4,801 | € 39,764 | ▲ € 34,962 |
| Retained profit | € -26,463 | € -30,977 | € -25,676 | € 10,697 | ▲ € 36,373 |
| Bank debt | € 13,857 | € 5,608 | € 0 | € 1,687 | |
| Balance sheet total | € 103,495 | € 94,829 | € 65,921 | € 111,914 | ▲ 70% |
Key figures of QTHERM, 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 QTHERM?
What happened at QTHERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,373 (▲ € 31,072 vs 2024). Source: NBB ↗
- STEFAN DE RAEVE became a director. NBB
- MIKE GRESSENS became a director. NBB
- DE RAEVE NV stepped down as director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,320 profit in 2022 to € 36,373 profit in 2025.
Paid € 6,105 in corporate taxes since 2022.
Best year ever: 2025, with € 36,373 profit.
Management
The stake of DE RAEVE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QTHERMBehind QTHERM are STEFAN DE RAEVE and MIKE GRESSENS. The shares are held by DE RAEVE (100%).
Directors
According to the 2025 annual accounts
since 2025
MIKE GRESSENS
Director
since 2025
Director · represented by Eduard De Raeve
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 1048
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.817.778
- VAT number
- BE 0721.817.778
- Registered office
- Centrum-Zuid 1048, 3530 Houthalen-Helchteren
- Names & denominations
- QTHERM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2019
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling van metalen