Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
QUAEROQ from Waregem, company number BE0862330988, closed financial year 2025 with a result of € 13.9 million after tax. For that financial year QUAEROQ recorded revenue of € 16,225 and equity of € 55.9 million. Compared with financial year 2024, the result moved from € -752,847 to € 13.9 million. Profitable, and profit is growing. 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 15, 2026.
€ 55.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13.9 million
▲ still € 752,847 loss in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ € 1.4 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 10 million
▼ 33% vs 2024
Loans from banks and other lenders, long and short.
€ 4,400
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 5 days on average.
€ 1,617
▲ 133% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 10,027 | € 16,170 | € 16,225 | |
| Profit after taxes | € 5,435,028 | € 3,516,322 | € -752,847 | € 13,943,764 | ▲ € 14.7 million |
| Equity | € 109,196,966 | € 112,713,288 | € 61,960,441 | € 55,904,205 | ▼ 10% |
| Total debts | € 5,114,287 | € 15,136,635 | € 65,068,101 | € 30,181,639 | ▼ 54% |
| Cash | € 3,872,590 | € 5,398,398 | € 53,705 | € 1,419,988 | ▲ € 1.4 million |
| Retained profit | € 105,859,819 | € 109,376,141 | € 58,623,294 | € 52,567,058 | ▼ 10% |
| Dividend | € 0 | € 0 | € 50,000,000 | € 20,000,000 | ▼ 60% |
| Bank debt | € 5,000,000 | € 15,000,000 | € 15,000,000 | € 10,000,000 | ▼ 33% |
| Balance sheet total | € 114,311,253 | € 127,849,923 | € 127,028,543 | € 86,085,844 | ▼ 32% |
Key figures of QUAEROQ, 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 QUAEROQ?
What happened at QUAEROQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Blauwhoeve BV stepped down as director. NBB
- Vauban NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13.9 million. Source: NBB ↗
- De Blauwhoeve BV became a director. NBB
- Vauban NV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.4 million profit in 2022 to € 13.9 million profit in 2025.
Paid € 801,813 in corporate taxes since 2022.
Best year ever: 2025, with € 13.9 million profit.
Paid out € 70 million in dividends to the owners in total.
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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 shares are held by Abacus Group NV (100%). It owns 35.6% of Hoplr, 33.1% of Fountain, 11.8% of Salar Pursuits Ltd and 10.2% of CreaVision Healthcare itself.
Directors
According to the 2025 annual accounts
Director · represented by Ivan Van de Maele
Also active at: Antwerp Tower, TRADIPLAN, Immo - Vilvo, Sibomat, DE BURKEL, GALERIE DES CARMES, B&M, MATEXI IMMO INVEST +41 more
since 2021 · until 2027
Director · represented by Gaëtan Hannecart
Also active at: Louis Delhaize - Compagnie franco-belge d'Alimentation, FINANCIERE DE TUBIZE, MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN, Antwerp Tower, TRADIPLAN, Immo - Vilvo, Sibomat, ABACUS GROUP +44 more
since 2021 · until 2027
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Kalkhoevestraat 10 box 3.1
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →PAVAMO
€ 412,947 gross margin · 2025
ABACUS GROUP same network
€ 7.1 million revenue · 2025
S-TEAM
€ 36,843 gross margin · 2025
LOCAMPOAMOR TRES
€ -12,932 gross margin · 2025
Tennium Belgium
€ 297,111 gross margin · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.330.988
- VAT number
- BE 0862.330.988
- Registered office
- Kalkhoevestraat 10 bus 3.1, 8790 Waregem
- Names & denominations
- QUAEROQ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van geldmarkt- en niet-geldmarktbeleggingsfondsen
Beleggingstrusts en -fondsen en vergelijkbare financiële instellingen
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Adviesbureaus op het gebied van public relations en communicatie