Financials
Financial year 2025
QAELUM from Leuven, company number BE0840884387, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year QAELUM recorded a gross margin of € 2.4 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 356,849 to € -1.7 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 1.9 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ still € 356,849 profit in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 281% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -974,892.
People and assets in 2025
27.4
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 5% vs 2024
€ 92,400 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.
€ 26,164
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 26% vs 2024
€ 299,853 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 306,350
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 260,546
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,390,977 | € 3,048,370 | € 3,532,248 | € 2,419,172 | ▼ 32% |
| Profit after taxes | € 186,215 | € 393,120 | € 356,849 | € -1,737,421 | ▼ € 2.1 million |
| Equity | € 1,040,775 | € 1,419,767 | € 1,768,132 | € 1,893,993 | ▲ 7% |
| Total debts | € 3,397,236 | € 4,124,245 | € 4,337,509 | € 3,992,906 | ▼ 8% |
| Cash | € 493,639 | € 427,913 | € 326,289 | € 1,241,823 | ▲ 281% |
| Retained profit | € 12,560 | € 405,680 | € 762,529 | € -974,892 | ▼ € 1.7 million |
| Bank debt | € 1,963,365 | € 2,056,736 | € 2,125,451 | € 1,579,760 | ▼ 26% |
| Balance sheet total | € 4,438,011 | € 5,544,012 | € 6,105,640 | € 5,886,900 | ▼ 4% |
| Employees (FTE) | 21.4 | 23.2 | 25.4 | 27.4 | ▲ 2 |
Key figures of QAELUM, 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 QAELUM?
What happened at QAELUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LK Investment BV stepped down as director. NBB
- Bart Swaelens stepped down as director. NBB
- Frank Weekers stepped down as director. NBB
- Crescat CommV stepped down as director. NBB
- Marc Beuls stepped down as director. NBB
- Hilde Bosmans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.7 million (▼ € 2.1 million vs 2024). Source: NBB ↗
- LK Investment BV became a director. NBB
In short
From € 186,215 profit in 2022 to € 1.7 million loss in 2025.
Paid € 107,768 in corporate taxes since 2022.
Best year ever: 2023, with € 393,120 profit.
On average € 88,300 of value added per employee in 2025.
A new publication or filing at QAELUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GEMMA FRISIUS-FONDS KU LEUVEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QAELUMThe shares are held by GEMMA FRISIUS-FONDS KU LEUVEN. It owns 100% of Qaelum Inc itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc Kindt
Also active at: N+P Alternative Fuels Belgium, CoMoveIT, AmphiStar, APOGADO
since 2025 · until 2031
since 2021 · until 2027
since 2021 · until 2027
Director · represented by Luc Vandenbroucke
Also active at: Metis Instruments & Equipment
since 2021 · until 2025
Managing director · represented by Jurgen Jacobs
since 2021 · until 2027
Marc Beuls
Director
since 2021 · until 2027
Hilde Bosmans
Director
since 2021 · until 2027
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kolonel Begaultlaan 1B
3012 Leuven
Kolonel Begaultlaan 1 box B
3012 Leuven
Active since 27 October 2011
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.
Details
- Company number
- 0840.884.387
- VAT number
- BE 0840.884.387
- Registered office
- Kolonel Begaultlaan 1B, 3012 Leuven
- Names & denominations
- QAELUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2011
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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