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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Quares Asset Company from Antwerpen, company number BE0787493510, closed financial year 2025 with a result of € -238,043 after tax. For that financial year Quares Asset Company recorded revenue of € 999,667 and equity of € -714,766. Compared with financial year 2024, the result moved from € -222,687 to € -238,043. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ -714,766
▼ € 238,043 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -238,043
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 295,885
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -776,266.
People and assets in 2025
€ 153,591
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.3 million
▲ 51% vs 2024
Loans from banks and other lenders, long and short.
€ 40,420
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 485,586 | € 669,442 | € 999,667 | ▲ 49% |
| Gross margin | € 390,753 | € 531,989 | € 846,146 | ▲ 59% |
| Profit after taxes | € -315,536 | € -222,687 | € -238,043 | ▼ € 15,356 |
| Equity | € -254,036 | € -476,723 | € -714,766 | ▼ € 238,043 |
| Total debts | € 15,458,804 | € 21,427,406 | € 21,267,926 | ▼ 1% |
| Cash | € 108,545 | € 278,970 | € 295,885 | ▲ 6% |
| Land & buildings | € 14,822,936 | € 20,280,318 | € 19,822,415 | ▼ 2% |
| Retained profit | € -315,536 | € -538,223 | € -776,266 | ▼ € 238,043 |
| Bank debt | € 0 | € 3,500,000 | € 5,300,000 | ▲ 51% |
| Balance sheet total | € 15,204,768 | € 20,950,684 | € 20,553,160 | ▼ 2% |
Key figures of Quares Asset Company, fiscal years 2023 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 Quares Asset Company?
What happened at Quares Asset Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 238,043. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 315,536 loss in 2023 to € 238,043 loss in 2025.
Paid € 6 in corporate taxes since 2023.
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.
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€ 50,282 gross margin · 2025
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€ 28,813 gross margin · 2026
JADE SYNERGIES
€ 37,427 gross margin · 2026
Jade Sustainable Projects
€ -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
- 0787.493.510
- VAT number
- BE 0787.493.510
- Registered office
- Leopold de Waelplaats 20, 2000 Antwerpen
- Names & denominations
- Quares Asset Company · QASCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen