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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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
QURTINZ from Assenede, company number BE0811596525, closed financial year 2025 with a result of € -37,770 after tax. For that financial year QURTINZ recorded a gross margin of € 692,055 and equity of € 103,987. Compared with financial year 2023, the result moved from € -49,962 to € -37,770. The company made a loss. The buffer shrank hard: equity is 76 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ 103,987
▼ 76% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,770
▲ 24 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2,152
▼ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 83,987.
People and assets in 2025
10.1
▼ 1.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 648,328
▼ 7% vs 2023
€ 64,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,077
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,978
▼ 47% vs 2023
Loans from banks and other lenders, long and short.
€ 235,755
▲ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 128,493
▼ 16% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 836,388 | € 752,044 | € 692,055 | ▼ 8% |
| Profit after taxes | € 186,280 | € -49,962 | € -37,770 | ▲ € 12,192 |
| Equity | € 479,098 | € 429,136 | € 103,987 | ▼ 76% |
| Total debts | € 357,956 | € 441,277 | € 434,651 | ▼ 2% |
| Cash | € 202,224 | € 114,846 | € 2,152 | ▼ 98% |
| Land & buildings | € 8,956 | € 3,252 | € 1,652 | ▼ 49% |
| Retained profit | € 459,098 | € 409,136 | € 83,987 | ▼ 79% |
| Bank debt | € 160,172 | € 117,955 | € 62,978 | ▼ 47% |
| Balance sheet total | € 837,054 | € 870,413 | € 538,638 | ▼ 38% |
| Employees (FTE) | - | 11.7 | 10.1 | ▼ 1.6 |
Key figures of QURTINZ, 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 October 2026.
What happened to QURTINZ?
What happened at QURTINZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,770. Source: NBB ↗
- New establishment in Assenede. KBO
- New establishment in Evergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 186,280 profit in 2022 to € 37,770 loss in 2025.
Paid € 59,970 in corporate taxes since 2022.
Best year ever: 2022, with € 186,280 profit.
On average € 68,500 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Koning Albertstraat 34
9968 Assenede
Doornzeelsestraat 72
9940 Evergem
Active since 7 May 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0811.596.525
- VAT number
- BE 0811.596.525
- Registered office
- Koning Albertstraat 34, 9968 Assenede
- Names & denominations
- QURTINZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2009
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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