What does Quercus do?

Quercus is a property company in Gent. Public Limited, started on 12 November 2003, 1 establishment.

What is the address of Quercus?

The registered office of Quercus is located at Kortrijksesteenweg 1097 D, 9051 Gent.

Is Quercus still active?

Yes. According to the CBE (31 October 2026) Quercus is active, legal situation “Normale toestand”, started on 12 November 2003.

Is Quercus registered on Peppol?

Yes, Quercus is registered on the Peppol network with ID 0208:0861589731.

What is the enterprise number of Quercus?

The enterprise number of Quercus is BE0861589731.

When was Quercus founded?

Quercus was founded on 12 November 2003.

Who are the directors of Quercus?

According to the 2025 annual accounts, the directors of Quercus are: CRESCO BV.

Is Quercus a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 November 2003; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Quercus make in 2025?

Quercus posted a profit after taxes of € 275,672 in financial year 2025.

What is the revenue of Quercus?

As a small company, Quercus is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,685,408.

Does Quercus have a website?

Yes, Quercus has a website at ipes.be.

Quercus (Public Limited) - Gent - BE0861589731

Dossier Quercus, printed on 31 October 2026 from databakkes.be/en/0861589731/quercus. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Quercus from Gent, company number BE0861589731, closed financial year 2025 with a result of € 275,672 after tax. For that financial year Quercus recorded a gross margin of € 1.7 million and equity of € 83,686. Compared with financial year 2024, the result moved from € 207,644 to € 275,672. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.

What it is worth Healthy

€ 83,686

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

Profit Growing

€ 275,672

▲ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.2 million

▲ 216% vs 2024

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

Where the profit goes Pays out

€ 275,672 paid out

100 % of the profit went to the shareholders, mostly to Cresco (100 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt ≈ 20 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.

€ 7 million

▼ 3% vs 2024

€ 343,083 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 221,598

▲ 7% vs 2024

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

Taxes

€ 58,712

▼ 10% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,612,932 Gross margin 2022: € 1,612,932 First fiscal year in the series	€ 1,263,605 Gross margin 2023: € 1,263,605 ▼ 22% vs 2022 (€ 1,612,932) Unfavourable step	€ 1,549,698 Gross margin 2024: € 1,549,698 ▲ 23% vs 2023 (€ 1,263,605) Favourable step	€ 1,685,408 Gross margin 2025: € 1,685,408 ▲ 9% vs 2024 (€ 1,549,698) Favourable step	▲ 9%
Profit after taxes	€ 507,053 Profit after taxes 2022: € 507,053 First fiscal year in the series	€ 110,601 Profit after taxes 2023: € 110,601 ▼ 78% vs 2022 (€ 507,053) Unfavourable step	€ 207,644 Profit after taxes 2024: € 207,644 ▲ 88% vs 2023 (€ 110,601) Favourable step	€ 275,672 Profit after taxes 2025: € 275,672 ▲ 33% vs 2024 (€ 207,644) Favourable step	▲ 33%
Equity	€ 4,585,127 Equity 2022: € 4,585,127 First fiscal year in the series	€ 83,686 Equity 2023: € 83,686 ▼ 98% vs 2022 (€ 4,585,127) Unfavourable step	€ 83,686 Equity 2024: € 83,686 Unchanged (€ 83,686) Unchanged	€ 83,686 Equity 2025: € 83,686 Unchanged (€ 83,686) Unchanged
Total debts	€ 2,810,786 Total debts 2022: € 2,810,786 First fiscal year in the series	€ 7,803,851 Total debts 2023: € 7,803,851 ▲ 178% vs 2022 (€ 2,810,786) Unfavourable step	€ 8,243,426 Total debts 2024: € 8,243,426 ▲ 6% vs 2023 (€ 7,803,851) Unfavourable step	€ 8,147,236 Total debts 2025: € 8,147,236 ▼ 1% vs 2024 (€ 8,243,426) Favourable step	▼ 1%
Cash	€ 1,100,597 Cash 2022: € 1,100,597 First fiscal year in the series	€ 616,707 Cash 2023: € 616,707 ▼ 44% vs 2022 (€ 1,100,597) Unfavourable step	€ 382,867 Cash 2024: € 382,867 ▼ 38% vs 2023 (€ 616,707) Unfavourable step	€ 1,210,792 Cash 2025: € 1,210,792 ▲ 216% vs 2024 (€ 382,867) Favourable step	▲ 216%
Land & buildings	€ 5,835,654 Land & buildings 2022: € 5,835,654 First fiscal year in the series	€ 5,524,669 Land & buildings 2023: € 5,524,669 ▼ 5% vs 2022 (€ 5,835,654) Unchanged	€ 5,258,855 Land & buildings 2024: € 5,258,855 ▼ 5% vs 2023 (€ 5,524,669) Unchanged	€ 4,665,309 Land & buildings 2025: € 4,665,309 ▼ 11% vs 2024 (€ 5,258,855) Unchanged	▼ 11%
Retained profit	€ 2,111,586 Retained profit 2022: € 2,111,586 First fiscal year in the series	€ 22,186 Retained profit 2023: € 22,186 ▼ 99% vs 2022 (€ 2,111,586) Unfavourable step	€ 22,186 Retained profit 2024: € 22,186 Unchanged (€ 22,186) Unchanged	€ 22,186 Retained profit 2025: € 22,186 Unchanged (€ 22,186) Unchanged
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 2,200,000 Dividend 2023: € 2,200,000 Unchanged (€ 0) Unchanged	€ 207,644 Dividend 2024: € 207,644 ▼ 91% vs 2023 (€ 2,200,000) Unchanged	€ 275,672 Dividend 2025: € 275,672 ▲ 33% vs 2024 (€ 207,644) Unchanged	▲ 33%
Bank debt	€ 2,335,418 Bank debt 2022: € 2,335,418 First fiscal year in the series	€ 7,031,892 Bank debt 2023: € 7,031,892 ▲ 201% vs 2022 (€ 2,335,418) Unfavourable step	€ 7,216,318 Bank debt 2024: € 7,216,318 ▲ 3% vs 2023 (€ 7,031,892) Unfavourable step	€ 7,030,340 Bank debt 2025: € 7,030,340 ▼ 3% vs 2024 (€ 7,216,318) Favourable step	▼ 3%
Balance sheet total	€ 7,395,912 Balance sheet total 2022: € 7,395,912 First fiscal year in the series	€ 7,887,537 Balance sheet total 2023: € 7,887,537 ▲ 7% vs 2022 (€ 7,395,912) Unchanged	€ 8,327,112 Balance sheet total 2024: € 8,327,112 ▲ 6% vs 2023 (€ 7,887,537) Unchanged	€ 8,230,923 Balance sheet total 2025: € 8,230,923 ▼ 1% vs 2024 (€ 8,327,112) Unchanged	▼ 1%

Key figures of Quercus, 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 Quercus?

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

Jun 8, 2026 New annual accounts for financial year 2025: profit of € 275,672 (▲ 33% vs 2024). Source: NBB ↗
2023 CRESCO BV became a director. NBB
Jan 1, 2004 New establishment in Gent. KBO
Nov 12, 2003 Start of the company according to the CBE. KBO

In short

From € 507,053 profit in 2022 to € 275,672 profit in 2025.

Paid € 368,125 in corporate taxes since 2022.

Best year ever: 2022, with € 507,053 profit.

Paid out € 2.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Cresco 100%

The stake of Cresco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Quercus

Behind Quercus is CRESCO BV. The shares are held by Cresco (100%).

Directors

According to the 2025 annual accounts

CRESCO BV

Director · represented by Louis Lannoo

since 2023

Shareholders

Cresco

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 1097 D

9051 Gent

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

Website

HTTPS ipes.be

Technologies

AOSAdobe FontsCloudflare CDNJSFont AwesomeGoogle AnalyticsLightboxNext.jsNginxOwl CarouseljQueryjsDelivrunpkg

Hosting & Email

Email provider

Microsoft 365

Hosting

DIGITALOCEAN-ASN - DigitalOcean, LLC, US

DNS

Google Cloud DNS

Website info

HTTPS Ja

Indexable pages 7

Languages EN, NL

Features

Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0861.589.731

VAT number

BE 0861.589.731

Registered office

Kortrijksesteenweg 1097 D, 9051 Gent

Names & denominations

Quercus

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 November 2003

Peppol

Active · Active since 8 Dec 2025

Contact

ipes.be

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Activiteiten van syndici van onroerend goed

Beheer van overig onroerend goed

Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

Quercus

Financials

What happened to Quercus?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions