QUGAR is an engineering firm in Lokeren. Private Limited, started on 13 March 2007, 1 establishment.

What is the address of QUGAR?

The registered office of QUGAR is located at Brandstraat 8A, 9160 Lokeren.

Is QUGAR still active?

Yes. According to the CBE (29 October 2026) QUGAR is active, legal situation “Normale toestand”, started on 13 March 2007.

Is QUGAR registered on Peppol?

Yes, QUGAR is registered on the Peppol network with ID 0208:0887910086.

What is the enterprise number of QUGAR?

The enterprise number of QUGAR is BE0887910086.

When was QUGAR founded?

QUGAR was founded on 13 March 2007.

Who are the directors of QUGAR?

According to the 2025 annual accounts, the directors of QUGAR are: Servitude BV, Alphatronics NV.

Is QUGAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 March 2007; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did QUGAR make in 2025?

QUGAR posted a profit after taxes of € 126,797 in financial year 2025.

What is the revenue of QUGAR?

As a small company, QUGAR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 308,688.

How much does an employee at QUGAR earn?

The average wage cost per full-time employee at QUGAR was € 63,000 in 2022: staff costs of € 132,342 for 2.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

QUGAR (Private Limited) - Lokeren - BE0887910086

Dossier QUGAR, printed on 29 October 2026 from databakkes.be/en/0887910086/qugar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

QUGAR from Lokeren, company number BE0887910086, closed financial year 2025 with a result of € 126,797 after tax. For that financial year QUGAR recorded a gross margin of € 308,688 and equity of € 622,339. Compared with financial year 2024, the result moved from € 50,516 to € 126,797. 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 July 29, 2026.

What it is worth Growing

€ 622,339

▲ 26% vs 2024

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

Profit Growing

€ 126,797

▲ 151% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,681

▼ 44% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -127,661.

People and assets in 2025

Wage cost

€ 169,828

▲ 10% 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.

Debts at end 2025

Bank debt

€ 16,966

▼ 23% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 26,728

▼ 56% vs 2024

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

Taxes and wages

€ 83,437

▲ 59% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 240,711 Gross margin 2022: € 240,711 First fiscal year in the series	€ 274,908 Gross margin 2023: € 274,908 ▲ 14% vs 2022 (€ 240,711) Favourable step	€ 218,890 Gross margin 2024: € 218,890 ▼ 20% vs 2023 (€ 274,908) Unfavourable step	€ 308,688 Gross margin 2025: € 308,688 ▲ 41% vs 2024 (€ 218,890) Favourable step	▲ 41%
Profit after taxes	€ 29,856 Profit after taxes 2022: € 29,856 First fiscal year in the series	€ 54,681 Profit after taxes 2023: € 54,681 ▲ 83% vs 2022 (€ 29,856) Favourable step	€ 50,516 Profit after taxes 2024: € 50,516 ▼ 8% vs 2023 (€ 54,681) Unfavourable step	€ 126,797 Profit after taxes 2025: € 126,797 ▲ 151% vs 2024 (€ 50,516) Favourable step	▲ 151%
Equity	€ 390,346 Equity 2022: € 390,346 First fiscal year in the series	€ 445,027 Equity 2023: € 445,027 ▲ 14% vs 2022 (€ 390,346) Favourable step	€ 495,543 Equity 2024: € 495,543 ▲ 11% vs 2023 (€ 445,027) Favourable step	€ 622,339 Equity 2025: € 622,339 ▲ 26% vs 2024 (€ 495,543) Favourable step	▲ 26%
Total debts	€ 253,800 Total debts 2022: € 253,800 First fiscal year in the series	€ 146,679 Total debts 2023: € 146,679 ▼ 42% vs 2022 (€ 253,800) Favourable step	€ 136,183 Total debts 2024: € 136,183 ▼ 7% vs 2023 (€ 146,679) Favourable step	€ 127,131 Total debts 2025: € 127,131 ▼ 7% vs 2024 (€ 136,183) Favourable step	▼ 7%
Cash	€ 995 Cash 2022: € 995 First fiscal year in the series	€ 6,383 Cash 2023: € 6,383 ▲ € 5,387 vs 2022 (€ 995) Favourable step	€ 3,011 Cash 2024: € 3,011 ▼ 53% vs 2023 (€ 6,383) Unfavourable step	€ 1,681 Cash 2025: € 1,681 ▼ 44% vs 2024 (€ 3,011) Unfavourable step	▼ 44%
Land & buildings	€ 962 Land & buildings 2022: € 962 First fiscal year in the series	€ 722 Land & buildings 2023: € 722 ▼ 25% vs 2022 (€ 962) Unchanged	€ 481 Land & buildings 2024: € 481 ▼ 33% vs 2023 (€ 722) Unchanged	€ 241 Land & buildings 2025: € 241 ▼ 50% vs 2024 (€ 481) Unchanged	▼ 50%
Retained profit	€ -359,654 Retained profit 2022: € -359,654 First fiscal year in the series	€ -304,973 Retained profit 2023: € -304,973 ▲ € 54,681 vs 2022 (€ -359,654) Favourable step	€ -254,457 Retained profit 2024: € -254,457 ▲ € 50,516 vs 2023 (€ -304,973) Favourable step	€ -127,661 Retained profit 2025: € -127,661 ▲ € 126,797 vs 2024 (€ -254,457) Favourable step	▲ € 126,797
Bank debt	€ 110,237 Bank debt 2022: € 110,237 First fiscal year in the series	€ 27,000 Bank debt 2023: € 27,000 ▼ 76% vs 2022 (€ 110,237) Favourable step	€ 22,103 Bank debt 2024: € 22,103 ▼ 18% vs 2023 (€ 27,000) Favourable step	€ 16,966 Bank debt 2025: € 16,966 ▼ 23% vs 2024 (€ 22,103) Favourable step	▼ 23%
Balance sheet total	€ 644,146 Balance sheet total 2022: € 644,146 First fiscal year in the series	€ 591,706 Balance sheet total 2023: € 591,706 ▼ 8% vs 2022 (€ 644,146) Unchanged	€ 631,725 Balance sheet total 2024: € 631,725 ▲ 7% vs 2023 (€ 591,706) Unchanged	€ 749,471 Balance sheet total 2025: € 749,471 ▲ 19% vs 2024 (€ 631,725) Unchanged	▲ 19%
Employees (FTE)	2.1 Employees (FTE) 2022: 2.1 First fiscal year in the series	0 Employees (FTE) 2023: 0 ▼ 2.1 vs 2022 (2.1) Unchanged	-	-

Key figures of QUGAR, 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 QUGAR?

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

Jul 29, 2026 New annual accounts for financial year 2025: profit of € 126,797 (▲ 151% vs 2024). Source: NBB ↗
Mar 13, 2007 Start of the company according to the CBE. KBO
Mar 9, 2007 New establishment in Lokeren. KBO

In short

From € 29,856 profit in 2022 to € 126,797 profit in 2025.

Paid € 484 in corporate taxes since 2022.

Best year ever: 2025, with € 126,797 profit.

On average € 114,600 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

ALPHATRONICS 74.3%

SERVITUDE 28.5%

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

QUGAR

Behind QUGAR are Servitude BV and Alphatronics NV. The shares are held by ALPHATRONICS (74.3%) and SERVITUDE (28.5%).

Directors

According to the 2025 annual accounts

Servitude BV

Director · represented by Godelieve Bekaert

Also active at: ALPHATRONICS, CityFlow

Alphatronics NV

Director · represented by Luc Vanvooren

Shareholders

ALPHATRONICS

74.3%

SERVITUDE

28.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Brandstraat 8A

9160 Lokeren

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

ALPHATRONICS same network

€ 2.2 million gross margin · 2025

CityFlow same network

€ 991,749 gross margin · 2025

Pharoz

€ 119,938 gross margin · 2025

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

Details

Company number

0887.910.086

VAT number

BE 0887.910.086

Registered office

Brandstraat 8A, 9160 Lokeren

Names & denominations

QUGAR

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 March 2007

Peppol

Active · Active since 7 Jan 2026

Activities · NACE

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Schrijnwerk

Schrijnwerk van hout of van kunststof

Productie van aluminium

Productie van lood, zink en tin

Vervaardiging van platen, vellen, buizen en profielen van kunststof

Productie van koper

Metaalschrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

QUGAR

Financials

What happened to QUGAR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions