Financials
Financial year 2024
RED QUINCE from Pajottegem, company number BE0770540482, closed financial year 2024 with a result of € 51,303 after tax. For that financial year RED QUINCE recorded a gross margin of € 81,272 and equity of € 2,000. Compared with financial year 2023, the result moved from € 59,915 to € 51,303. The company is profitable. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ 2,000
▼ 99% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,303
▼ 14% vs 2023
Profit after tax over the fiscal year.
€ 168,680
▲ € 139,943 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 193,630 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 40,415
▼ 18% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,539
▲ € 4,372 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,240
▼ 66% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 40,414 | € 67,607 | € 84,064 | € 81,272 | ▼ 3% |
| Profit after taxes | € 32,116 | € 50,296 | € 59,915 | € 51,303 | ▼ 14% |
| Equity | € 34,116 | € 84,412 | € 144,328 | € 2,000 | ▼ 99% |
| Total debts | € 18,335 | € 32,234 | € 24,462 | € 225,435 | ▲ € 200,973 |
| Cash | € 42,872 | € 115,932 | € 28,738 | € 168,680 | ▲ € 139,943 |
| Retained profit | € 32,116 | € 82,412 | € 142,328 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 193,630 | |
| Balance sheet total | € 52,451 | € 116,646 | € 168,789 | € 227,435 | ▲ 35% |
Key figures of RED QUINCE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RED QUINCE?
What happened at RED QUINCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 51,303 (▼ 14% vs 2023). Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,116 profit in 2021 to € 51,303 profit in 2024.
Paid € 57,869 in corporate taxes since 2021.
Best year ever: 2023, with € 59,915 profit.
Paid out € 193,630 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 2024 annual accounts
Brice Defraene
Director
Establishments
Establishment units
Physical locations of this company
Gainestraat(SPK) 44
1541 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.540.482
- VAT number
- BE 0770.540.482
- Registered office
- Gainestraat(SPK) 44, 1541 Pajottegem
- Names & denominations
- RED QUINCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2021
- Peppol
- Active · Active since 6 Sept 2025
- Activities · NACE
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