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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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Q-TILE from Maldegem, company number BE0758845351, closed financial year 2025 with a result of € 3,979 after tax. For that financial year Q-TILE recorded a gross margin of € 10,680 and equity of € 15,169. Compared with financial year 2024, the result moved from € 5,191 to € 3,979. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 15,169
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,979
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 12,234
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 9,169.
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.
€ 22,170
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,307
▼ 17% 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 | € 25,787 | € 14,853 | € 13,530 | € 10,680 | ▼ 21% |
| Profit after taxes | € 14,892 | € 7,173 | € 5,191 | € 3,979 | ▼ 23% |
| Equity | € 30,923 | € 38,097 | € 11,191 | € 15,169 | ▲ 36% |
| Total debts | € 49,278 | € 44,718 | € 65,421 | € 40,177 | ▼ 39% |
| Cash | € 13,741 | € 8,039 | - | € 12,234 | |
| Retained profit | € 24,923 | € 32,097 | € 5,191 | € 9,169 | ▲ 77% |
| Dividend | € 0 | € 0 | € 32,097 | € 0 | ▼ 100% |
| Bank debt | € 11,735 | € 1,547 | € 26 | € 0 | ▼ 100% |
| Balance sheet total | € 80,202 | € 82,815 | € 76,612 | € 55,346 | ▼ 28% |
Key figures of Q-TILE, 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 Q-TILE?
What happened at Q-TILE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,979 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
- James De Smet became a director. NBB
In short
From € 14,892 profit in 2022 to € 3,979 profit in 2025.
Paid € 9,018 in corporate taxes since 2022.
Best year ever: 2022, with € 14,892 profit.
Paid out € 32,097 in dividends to the owners in total.
Management
The stake of James De Smet comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Q-TILEBehind Q-TILE is James De Smet. The shares are held by James De Smet (50%).
Directors
According to the 2025 annual accounts
since 2020
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vliegplein 55D
9991 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0758.845.351
- VAT number
- BE 0758.845.351
- Registered office
- Vliegplein 55D, 9991 Maldegem
- Names & denominations
- Q-TILE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2020
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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