Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
LQ from Gent, company number BE0877666688, closed financial year 2025 with a result of € 345,042 after tax. For that financial year LQ recorded a gross margin of € 676,562 and equity of € 1 million. Compared with financial year 2024, the result moved from € 221,023 to € 345,042. 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 August 7, 2025.
€ 1 million
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 345,042
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 441,927
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 46,809 paid out
14 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 40,802
▲ € 37,538 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.
€ 40,391
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 710,313
▲ 19% vs 2024
€ 148,963 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 41,550
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,289
▼ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,704 | € 273,370 | € 472,672 | € 676,562 | ▲ 43% |
| Profit after taxes | € 82,411 | € 92,591 | € 221,023 | € 345,042 | ▲ 56% |
| Equity | € 414,082 | € 506,673 | € 727,697 | € 1,025,930 | ▲ 41% |
| Total debts | € 825,575 | € 731,053 | € 729,949 | € 832,509 | ▲ 14% |
| Cash | € 148,393 | € 219,525 | € 358,036 | € 441,927 | ▲ 23% |
| Land & buildings | € 883,087 | € 855,029 | € 867,571 | € 894,988 | ▲ 3% |
| Retained profit | € 395,482 | € 488,073 | € 709,097 | € 1,007,330 | ▲ 42% |
| Dividend | € 3,750 | € 0 | € 0 | € 46,809 | |
| Bank debt | € 723,453 | € 639,647 | € 598,438 | € 710,313 | ▲ 19% |
| Balance sheet total | € 1,271,790 | € 1,267,563 | € 1,485,188 | € 1,911,613 | ▲ 29% |
Key figures of LQ, 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 October 2026.
What happened to LQ?
What happened at LQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Gent. KBO
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Iyh Day Lin became a director. NBB
- Shuangmiao Qiu became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 82,411 profit in 2022 to € 345,042 profit in 2025.
Paid € 280,656 in corporate taxes since 2022.
Best year ever: 2025, with € 345,042 profit.
Paid out € 50,559 in dividends to the owners in total.
A new publication or filing at LQ? 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
Behind LQ are Iyh Day Lin and Shuangmiao Qiu.
Directors
According to the 2025 annual accounts
Iyh Day Lin
Administrator-manager
since 2005
Shuangmiao Qiu
Manager
since 2005
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg 102
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0877.666.688
- VAT number
- BE 0877.666.688
- Registered office
- Deinsesteenweg 102, 9031 Gent
- Names & denominations
- LQ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2005
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening