Financials
Financial year 2025
VQ-MAXE from Knokke-Heist, company number BE0840447392, closed financial year 2025 with a result of € 67,644 after tax. For that financial year VQ-MAXE recorded a gross margin of € 282,497 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 836,988 to € 67,644. 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 July 2, 2026.
€ 1.6 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,644
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 716,498 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.3
Average over the fiscal year, from the social balance sheet.
€ 6,579
▼ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,198
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 11% vs 2024
€ 168,035 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 13,745
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,763
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 436,739 | € 423,231 | € 250,319 | € 282,497 | ▲ 13% |
| Profit after taxes | € 268,811 | € 274,329 | € 836,988 | € 67,644 | ▼ 92% |
| Equity | € 1,506,551 | € 1,443,332 | € 2,229,886 | € 1,581,033 | ▼ 29% |
| Total debts | € 539,630 | € 694,296 | € 1,705,475 | € 1,774,495 | ▲ 4% |
| Cash | € 876,486 | € 82,050 | € 1,880,934 | € 1,497,929 | ▼ 20% |
| Land & buildings | € 543,569 | € 528,842 | € 1,213,638 | € 1,275,914 | ▲ 5% |
| Retained profit | € 1,014,151 | € 950,932 | € 1,737,486 | € 1,088,633 | ▼ 37% |
| Dividend | € 0 | € 337,548 | € 50,434 | € 716,498 | ▲ € 666,063 |
| Bank debt | € 457,266 | € 408,281 | € 1,582,762 | € 1,411,126 | ▼ 11% |
| Balance sheet total | € 2,046,181 | € 2,137,628 | € 3,935,361 | € 3,355,528 | ▼ 15% |
| Employees (FTE) | 0.3 | - | 0.3 | 0.3 |
Key figures of VQ-MAXE, 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 VQ-MAXE?
What happened at VQ-MAXE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,644 (▼ 92% vs 2024). Source: NBB ↗
- Annelies Vanquathem became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Knokke-Heist. KBO
In short
From € 268,811 profit in 2022 to € 67,644 profit in 2025.
Paid € 402,779 in corporate taxes since 2022.
Best year ever: 2024, with € 836,988 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
Behind VQ-MAXE is Annelies Vanquathem. It owns 100% of VQ-8310 itself.
Directors
According to the 2025 annual accounts
Annelies Vanquathem
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Dennendreef 14
8300 Knokke-Heist
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 ↗- Annelies Blanche Yolande VANQUATHEM(oprichter) 100%
Details
- Company number
- 0840.447.392
- VAT number
- BE 0840.447.392
- Registered office
- Dennendreef 14, 8300 Knokke-Heist
- Names & denominations
- VQ-MAXE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van notarissen