What does QUEEN-K do?

QUEEN-K is an estate agency in Tervuren. Private Limited, started on 9 March 2011, 1 establishment.

What is the address of QUEEN-K?

The registered office of QUEEN-K is located at Hertenbergstraat 55, 3080 Tervuren.

Is QUEEN-K still active?

Yes. According to the CBE (29 October 2026) QUEEN-K is active, legal situation “Normale toestand”, started on 9 March 2011.

Is QUEEN-K registered on Peppol?

Yes, QUEEN-K is registered on the Peppol network with ID 0208:0834400829.

What is the enterprise number of QUEEN-K?

The enterprise number of QUEEN-K is BE0834400829.

When was QUEEN-K founded?

QUEEN-K was founded on 9 March 2011.

Who are the directors of QUEEN-K?

According to the 2025 annual accounts, the directors of QUEEN-K are: Olivier Thiel.

Is QUEEN-K a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 March 2011; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did QUEEN-K make in 2025?

QUEEN-K posted a profit after taxes of € 232,996 in financial year 2025.

What is the revenue of QUEEN-K?

As a small company, QUEEN-K is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 474,990.

How much does an employee at QUEEN-K earn?

The average wage cost per full-time employee at QUEEN-K was € 28,300 in 2025: staff costs of € 36,831 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does QUEEN-K have?

According to the 2025 annual accounts, QUEEN-K has 1.3 full-time equivalents (FTE).

QUEEN-K (Private Limited) - Tervuren - BE0834400829

Dossier QUEEN-K, printed on 29 October 2026 from databakkes.be/en/0834400829/queen-k. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

QUEEN-K from Tervuren, company number BE0834400829, closed financial year 2025 with a result of € 232,996 after tax. For that financial year QUEEN-K recorded a gross margin of € 474,990 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 102,404 to € 232,996. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.

What it is worth Growing

€ 1.1 million

▲ 27% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 232,996

▲ 128% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 163,824

▲ 33% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.1 million.

People and assets in 2025

Full-time equivalents

1.3

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 36,831

▲ 22% vs 2024

€ 28,300 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.

Vehicles and equipment

€ 83,390

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 825,248

▼ 8% vs 2024

€ 70,584 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 21,088

▼ 43% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 48,049

▲ 79% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 369,989 Gross margin 2022: € 369,989 First fiscal year in the series	€ 544,186 Gross margin 2023: € 544,186 ▲ 47% vs 2022 (€ 369,989) Favourable step	€ 304,177 Gross margin 2024: € 304,177 ▼ 44% vs 2023 (€ 544,186) Unfavourable step	€ 474,990 Gross margin 2025: € 474,990 ▲ 56% vs 2024 (€ 304,177) Favourable step	▲ 56%
Profit after taxes	€ 134,807 Profit after taxes 2022: € 134,807 First fiscal year in the series	€ 282,335 Profit after taxes 2023: € 282,335 ▲ 109% vs 2022 (€ 134,807) Favourable step	€ 102,404 Profit after taxes 2024: € 102,404 ▼ 64% vs 2023 (€ 282,335) Unfavourable step	€ 232,996 Profit after taxes 2025: € 232,996 ▲ 128% vs 2024 (€ 102,404) Favourable step	▲ 128%
Equity	€ 533,431 Equity 2022: € 533,431 First fiscal year in the series	€ 780,578 Equity 2023: € 780,578 ▲ 46% vs 2022 (€ 533,431) Favourable step	€ 849,834 Equity 2024: € 849,834 ▲ 9% vs 2023 (€ 780,578) Favourable step	€ 1,082,829 Equity 2025: € 1,082,829 ▲ 27% vs 2024 (€ 849,834) Favourable step	▲ 27%
Total debts	€ 1,225,108 Total debts 2022: € 1,225,108 First fiscal year in the series	€ 1,208,031 Total debts 2023: € 1,208,031 ▼ 1% vs 2022 (€ 1,225,108) Favourable step	€ 1,079,324 Total debts 2024: € 1,079,324 ▼ 11% vs 2023 (€ 1,208,031) Favourable step	€ 896,917 Total debts 2025: € 896,917 ▼ 17% vs 2024 (€ 1,079,324) Favourable step	▼ 17%
Cash	€ 75,172 Cash 2022: € 75,172 First fiscal year in the series	€ 220,393 Cash 2023: € 220,393 ▲ 193% vs 2022 (€ 75,172) Favourable step	€ 123,537 Cash 2024: € 123,537 ▼ 44% vs 2023 (€ 220,393) Unfavourable step	€ 163,824 Cash 2025: € 163,824 ▲ 33% vs 2024 (€ 123,537) Favourable step	▲ 33%
Land & buildings	€ 1,597,473 Land & buildings 2022: € 1,597,473 First fiscal year in the series	€ 1,574,008 Land & buildings 2023: € 1,574,008 ▼ 1% vs 2022 (€ 1,597,473) Unchanged	€ 1,542,019 Land & buildings 2024: € 1,542,019 ▼ 2% vs 2023 (€ 1,574,008) Unchanged	€ 1,527,463 Land & buildings 2025: € 1,527,463 ▼ 1% vs 2024 (€ 1,542,019) Unchanged	▼ 1%
Retained profit	€ 514,831 Retained profit 2022: € 514,831 First fiscal year in the series	€ 761,978 Retained profit 2023: € 761,978 ▲ 48% vs 2022 (€ 514,831) Favourable step	€ 831,234 Retained profit 2024: € 831,234 ▲ 9% vs 2023 (€ 761,978) Favourable step	€ 1,064,229 Retained profit 2025: € 1,064,229 ▲ 28% vs 2024 (€ 831,234) Favourable step	▲ 28%
Dividend	€ 46,038 Dividend 2022: € 46,038 First fiscal year in the series	€ 35,187 Dividend 2023: € 35,187 ▼ 24% vs 2022 (€ 46,038) Unchanged	€ 33,148 Dividend 2024: € 33,148 ▼ 6% vs 2023 (€ 35,187) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 33,148) Unchanged	▼ 100%
Bank debt	€ 935,525 Bank debt 2022: € 935,525 First fiscal year in the series	€ 961,708 Bank debt 2023: € 961,708 ▲ 3% vs 2022 (€ 935,525) Unfavourable step	€ 894,250 Bank debt 2024: € 894,250 ▼ 7% vs 2023 (€ 961,708) Favourable step	€ 825,248 Bank debt 2025: € 825,248 ▼ 8% vs 2024 (€ 894,250) Favourable step	▼ 8%
Balance sheet total	€ 1,784,280 Balance sheet total 2022: € 1,784,280 First fiscal year in the series	€ 2,013,350 Balance sheet total 2023: € 2,013,350 ▲ 13% vs 2022 (€ 1,784,280) Unchanged	€ 1,952,900 Balance sheet total 2024: € 1,952,900 ▼ 3% vs 2023 (€ 2,013,350) Unchanged	€ 2,002,597 Balance sheet total 2025: € 2,002,597 ▲ 3% vs 2024 (€ 1,952,900) Unchanged	▲ 3%
Employees (FTE)	-	-	1.4 Employees (FTE) 2024: 1.4 First fiscal year in the series	1.3 Employees (FTE) 2025: 1.3 ▼ 0.1 vs 2024 (1.4) Unchanged	▼ 0.1

Key figures of QUEEN-K, 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 QUEEN-K?

What happened at QUEEN-K in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2026 New annual accounts for financial year 2025: profit of € 232,996 (▲ 128% vs 2024). filed late Source: NBB ↗
2024 Olivier Thiel became a director. NBB
Mar 9, 2011 New establishment in Tervuren. KBO
Mar 9, 2011 Start of the company according to the CBE. KBO

In short

From € 134,807 profit in 2022 to € 232,996 profit in 2025.

Paid € 355,656 in corporate taxes since 2022.

Best year ever: 2023, with € 282,335 profit.

On average € 365,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Olivier Thiel

QUEEN-K

COMPAGNIE IMMOBILIERE DE WALLONIE

Infinito

QUOMAGO S.A.

+32

Behind QUEEN-K is Olivier Thiel. Olivier Thiel is also behind COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, QUOMAGO S.A., COSIMO and VELDIMMO.

Directors

According to the 2025 annual accounts

Olivier Thiel

Director

Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, QUOMAGO S.A., COSIMO, VELDIMMO, ESPACE NIVELLES, IMMOBEL Project Management, 'T Park Development +27 more

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Hertenbergstraat 55

3080 Tervuren

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0834.400.829

VAT number

BE 0834.400.829

Registered office

Hertenbergstraat 55, 3080 Tervuren

Names & denominations

QUEEN-K

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 March 2011

Peppol

Active · Active since 28 Nov 2025

Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

QUEEN-K

Financials

What happened to QUEEN-K?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions