Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CardQwest from Oudergem, company number BE0793206909, closed financial year 2025 with a result of € -182,367 after tax. For that financial year CardQwest recorded a gross margin of € -80,730 and equity of € -112,956. Compared with financial year 2024, the result moved from € 1,714 to € -182,367. 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 October 23, 2026.
€ -112,956
▼ € 182,367 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,367
▼ still € 1,714 profit in 2024
Profit after tax over the fiscal year.
€ 27,295
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -113,956.
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.
€ 380,649
▲ € 339,835 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 895
▼ 96% 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 | € -949 | € 92,195 | € 3,279 | € -80,730 | ▼ € 84,009 |
| Profit after taxes | € -1,297 | € 67,993 | € 1,714 | € -182,367 | ▼ € 184,081 |
| Equity | € -297 | € 67,696 | € 69,410 | € -112,956 | ▼ € 182,367 |
| Total debts | € 6,000 | € 123,735 | € 122,318 | € 406,593 | ▲ 232% |
| Cash | € 4,523 | € 117,654 | € 77,379 | € 27,295 | ▼ 65% |
| Retained profit | € -1,297 | € 66,696 | € 68,410 | € -113,956 | ▼ € 182,367 |
| Balance sheet total | € 5,703 | € 191,431 | € 191,728 | € 293,637 | ▲ 53% |
Key figures of CardQwest, 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 CardQwest?
What happened at CardQwest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 182,367 (▼ € 184,081 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudergem. KBO
In short
From € 1,297 loss in 2022 to € 182,367 loss in 2025.
Paid € 22,725 in corporate taxes since 2022.
Best year ever: 2023, with € 67,993 profit.
Management
The stake of ByQwest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CardQwestBehind CardQwest is Guillaume FLIES. The shares are held by ByQwest (100%).
Establishments
Establishment units
Physical locations of this company
Jean Accentlaan 30
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ByQwest(oprichter) 100%
Details
- Company number
- 0793.206.909
- VAT number
- BE 0793.206.909
- Registered office
- Jean Accentlaan 30, 1160 Oudergem
- Names & denominations
- CardQwest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2022
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Ontwerpen van computerprogramma’s
Ontwerpen en programmeren van computerprogramma's