Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
Quares Sustainability Initiative from Antwerpen, company number BE0733785697, closed financial year 2026 with a result of € -8,617 after tax. For that financial year Quares Sustainability Initiative recorded a gross margin of € -13,498 and equity of € 212,059. Compared with financial year 2025, the result moved from € -26,109 to € -8,617. 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 September 18, 2026.
€ 212,059
▼ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,617
▲ 67 % less loss than in 2025
Profit after tax over the fiscal year.
€ 245,250
▼ 40% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -97,941.
Debts at end 2026
€ 1.4 million
▼ 10% vs 2025
Loans from banks and other lenders, long and short.
€ 1,467
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -8,347 | € -10,178 | € -7,053 | € -13,498 | ▼ € 6,445 |
| Profit after taxes | € -20,830 | € -11,219 | € -26,109 | € -8,617 | ▲ € 17,492 |
| Equity | € 258,005 | € 246,785 | € 220,676 | € 212,059 | ▼ 4% |
| Total debts | € 1,581,624 | € 1,761,451 | € 1,770,127 | € 1,430,910 | ▼ 19% |
| Cash | € 69,256 | € 418,366 | € 410,881 | € 245,250 | ▼ 40% |
| Retained profit | € -51,995 | € -63,215 | € -89,324 | € -97,941 | ▼ € 8,617 |
| Bank debt | € 1,552,700 | € 1,552,700 | € 1,552,700 | € 1,397,800 | ▼ 10% |
| Balance sheet total | € 1,839,629 | € 2,008,236 | € 1,990,803 | € 1,642,970 | ▼ 17% |
Key figures of Quares Sustainability Initiative, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Quares Sustainability Initiative?
What happened at Quares Sustainability Initiative in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 8,617. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,830 loss in 2023 to € 8,617 loss in 2026.
Paid € 5,694 in corporate taxes since 2023.
Management
The stake of QUARES REAL ESTATE INVESTMENT MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Quares Sustainability InitiativeBehind Quares Sustainability Initiative is Quares Real Estate Investment Management NV. The shares are held by QUARES REAL ESTATE INVESTMENT MANAGEMENT (100%).
Directors
According to the 2026 annual accounts
Quares Real Estate Investment Management NV
Director · represented by Hoorens Freddy
Also active at: Quares Real Estate Investment Management Student Housing, JADE TECHNICAL INNOVATIONS, JADE SYNERGIES, Jade Sustainable Projects, Jade Finance, QUARES REAL ESTATE INVESTMENT MANAGEMENT RESIDENTIAL INVESTMENT, Quares Real Estate Investment Management Retail Foetz
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leopold de Waelplaats 20
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →IMMOMENCH
€ -72,088 gross margin · 2025
Quares PBSA same network
€ 50,282 gross margin · 2025
JADE TECHNICAL INNOVATIONS same network
€ 28,813 gross margin · 2026
JADE SYNERGIES same network
€ 37,427 gross margin · 2026
Jade Sustainable Projects same network
€ -11,746 gross margin · 2026
+12 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
- 0733.785.697
- VAT number
- BE 0733.785.697
- Registered office
- Leopold de Waelplaats 20, 2000 Antwerpen
- Names & denominations
- Quares Sustainability Initiative · QSI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2019
- Peppol
- Active · Active since 26 Jun 2025