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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KWADRANT N & M from Koekelare, company number BE0809543390, closed financial year 2025 with a result of € 49,634 after tax. For that financial year KWADRANT N & M recorded a gross margin of € 81,072 and equity of € 168,547. Compared with financial year 2024, the result moved from € 57,292 to € 49,634. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.
€ 168,547
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,634
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 144,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 9,886
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 92,770
▲ 4% vs 2024
€ 8,407 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 10,538
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,404
▼ 41% 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 | € 73,836 | € 90,704 | € 101,917 | € 81,072 | ▼ 20% |
| Profit after taxes | € 28,262 | € 41,884 | € 57,292 | € 49,634 | ▼ 13% |
| Equity | € 206,236 | € 227,121 | € 263,413 | € 168,547 | ▼ 36% |
| Total debts | € 210,987 | € 206,316 | € 172,090 | € 257,435 | ▲ 50% |
| Land & buildings | € 50,973 | € 44,420 | € 37,962 | € 31,544 | ▼ 17% |
| Retained profit | € 193,836 | € 214,721 | € 251,013 | € 156,147 | ▼ 38% |
| Dividend | € 25,000 | € 21,000 | € 21,000 | € 144,500 | ▲ € 123,500 |
| Bank debt | € 162,097 | € 123,075 | € 89,511 | € 92,770 | ▲ 4% |
| Balance sheet total | € 417,223 | € 433,437 | € 435,503 | € 425,981 | ▼ 2% |
By gross margin, KWADRANT N & M ranks 5th of 5 companies with main activity “Sanitaire werkzaamheden” in Koekelare that publish figures (fiscal year 2025).
Key figures of KWADRANT N & M, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about KWADRANT N & M the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to KWADRANT N & M?
What happened at KWADRANT N & M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,634 (▼ 13% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Koekelare. KBO
In short
From € 28,262 profit in 2022 to € 49,634 profit in 2025.
Paid € 78,952 in corporate taxes since 2022.
Best year ever: 2024, with € 57,292 profit.
Paid out € 211,500 in dividends to the owners in total.
Management
Behind KWADRANT N & M are Nadine Rosseel and Miguel Candaele.
Directors
According to the 2025 annual accounts
Nadine Rosseel
Director
Miguel Candaele
Director
Establishments
Establishment units
Physical locations of this company
Ravegheersweg 8
8680 Koekelare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Koekelare
Same main activity (Sanitaire werkzaamheden), 6 active companies in Koekelare, largest first.
€ 1.4 million gross margin · 2025
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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 ↗- Miguel Marnick CANDAELE(oprichter) 50%
- Nadine Veronique ROSSEEL(oprichter) 50%
Details
- Company number
- 0809.543.390
- VAT number
- BE 0809.543.390
- Registered office
- Ravegheersweg 8, 8680 Koekelare
- Names & denominations
- KWADRANT N & M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2009
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Sanitaire werkzaamheden
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige bouwinstallatie
Activiteiten op het gebied van voeding
Groothandel in farmaceutische en medische artikelen
Overige zakelijke dienstverlening, neg
Overige menselijke gezondheidszorg, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
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