KWADRIX (0472.584.493): financials and annual accounts

KWADRIX

Ypres ·KBO/BCE: BE 0472.584.493

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	707,903	707,847	725,618	720,083	633,188	635,090	649,146	715,143	697,776	727,389	676,090	678,841	132,513	150,584	73,404	50,545	61,321	65,304
Fixed assets`21/28`	617,622	624,916	623,797	601,915	608,035	613,936	621,024	626,956	636,398	642,653	637,499	643,771	105,909	111,642	27,895	1,011	578	773
Tangible fixed assets`22/27`	72,573	79,866	78,747	56,866	62,985	68,887	75,975	81,906	91,348	97,603	92,449	98,721	105,859	111,593	27,846	962	529	724
Land and buildings`22`	71,487	78,366	76,738	56,409	61,470	66,148	71,059	76,217	81,714	87,632	91,022	97,558	104,591	110,477	26,329	-	-	-
Plant, machinery and equipment`23`	1,086	1,500	2,009	451	797	1,142	1,489	1,869	2,336	1,880	249	-	-	-	-	-	-	-
Furniture and vehicles`24`	0	0	0	5	719	1,597	3,427	3,821	7,298	8,091	1,179	1,163	1,268	1,115	1,517	962	529	724
Financial fixed assets`28`	545,050	545,050	545,050	545,050	545,050	545,050	545,050	545,050	545,050	545,050	545,050	545,050	50	50	50	49	50	50
Current assets`29/58`	90,281	82,931	101,821	118,168	25,153	21,154	28,122	88,187	61,378	84,737	38,591	35,071	26,604	38,942	45,509	49,534	60,743	64,531
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	6,250	6,250	6,250	6,250	6,250	12,500	12,500	12,500
Other amounts receivable`291`	-	-	-	-	-	-	-	-	-	-	6,250	6,250	6,250	6,250	6,250	12,500	12,500	12,500
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	541
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	541
Amounts receivable within one year`40/41`	89,276	61,568	98,750	104,093	17,835	9,555	22,343	80,079	50,892	72,692	24,841	18,326	19,643	25,066	26,931	6,547	15,053	24,790
Trade receivables`40`	64,276	61,568	97,993	64,093	17,835	9,555	22,343	75,079	50,394	72,692	23,732	18,204	19,187	24,953	19,646	5,391	15,012	24,790
Other amounts receivable`41`	25,000	-	757	40,000	-	-	-	5,000	498	-	1,109	121	456	113	7,285	1,156	41	-
Cash at bank and in hand`54/58`	1,005	21,363	3,071	14,075	7,318	11,598	5,779	8,107	9,952	11,420	7,500	10,495	711	7,626	12,328	30,487	33,190	26,522
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	-	-	533	625	-	-	-	-	-	-	-	179
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	707,903	707,847	725,618	720,083	633,188	635,090	649,146	715,143	697,776	727,389	676,090	678,841	132,513	150,584	73,404	50,545	61,321	65,304
Equity`10/15`	592,371	643,061	637,395	622,152	483,297	483,031	464,468	440,593	317,940	302,767	199,983	158,369	70,128	73,585	53,443	35,405	43,266	48,037
Contributions`10/11`	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	20,000	20,000	7,500	7,500	7,500	7,500
Issued capital`100`	-	-	-	-	-	-	100,000	100,000	100,000	100,000	100,000	100,000	20,000	20,000	20,000	20,000	20,000	20,000
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,500	12,500	12,500	12,500
Reserves`13`	492,371	543,061	537,395	522,152	383,297	383,031	364,468	340,593	217,940	202,767	99,983	58,369	50,128	53,585	45,943	27,905	35,766	40,537
Non-distributable reserves`130/1`	-	-	-	10,000	10,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	10,000	10,000	10,000	10,000	10,000	3,000	2,000	2,000	2,000	2,000	2,000	2,000
Reserves not available under the articles`1311`	-	-	-	10,000	10,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	1,321	1,321	1,321	1,321	1,321	1,321	1,321	1,321	1,321	1,321	1,321	1,321	1,322	1,321	1,321	1,322	1,321	1,321
Distributable reserves`133`	491,050	541,740	536,074	510,830	371,975	371,710	353,147	329,271	206,619	191,446	88,661	54,048	46,806	50,263	42,622	24,583	32,444	37,215
Amounts payable`17/49`	115,532	64,785	88,223	97,931	149,891	152,059	184,678	274,550	379,836	424,622	476,108	520,472	62,385	77,000	19,961	15,140	18,055	17,268
Amounts payable after more than one year`17`	-	-	-	-	-	16,582	59,837	146,997	237,988	234,522	290,716	345,831	-	-	-	-	-	-
Financial debts`170/4`	-	-	-	-	-	16,582	59,837	146,997	237,988	234,522	290,716	345,831	-	-	-	-	-	-
Amounts payable within one year`42/48`	115,532	64,785	88,223	97,931	149,891	135,477	124,841	126,500	141,848	190,100	185,392	174,641	62,385	77,000	19,961	15,140	18,055	17,268
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	43,158	87,160	88,354	84,103	56,050	55,116	54,169	-	-	-	-	-	-
Financial debts`43`	-	-	-	-	-	-	-	8,360	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	8,360	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	5,529	3,774	2,762	145	570	889	10,805	553	8,991	19,246	3,033	7,066	5,489	7,058	3,476	1,230	1,176	1,545
Suppliers`440/4`	5,529	3,774	2,762	145	570	889	10,805	553	8,991	19,246	3,033	7,066	5,489	7,058	3,476	1,230	1,176	1,545
Taxes, remuneration and social security`45`	18,285	20,345	26,361	36,187	30,221	24,830	15,251	27,633	17,473	71,244	25,684	12,846	5,336	9,382	3,425	850	3,820	2,663
Taxes`450/3`	18,285	20,345	26,361	35,187	30,221	24,830	13,191	20,222	13,473	71,244	25,684	7,846	3,336	6,382	3,425	850	3,820	2,663
Remuneration and social security`454/9`	-	-	-	1,000	-	-	2,060	7,411	4,000	-	-	5,000	2,000	3,000	-	-	-	-
Other amounts payable`47/48`	91,718	40,666	59,100	61,600	119,100	66,600	11,624	1,600	31,280	43,560	101,560	100,560	51,560	60,560	13,060	13,060	13,060	13,060
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	1,053	-	-	-	-	-	-	-	-	-	-
Income statement
Turnover`70`	188,453	215,058	241,447	278,008	-	164,667	252,700	316,424	353,282	388,065	175,730	86,946	81,835	86,907	51,362	14,238	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,471	-
Gross operating margin`9900`	26,420	49,610	70,592	99,162	82,018	39,273	50,929	114,924	41,161	186,168	88,261	22,767	8,882	25,003	23,547	-6,663	-6,390	17,744
Goods, raw materials, services and sundry goods`60/61`	165,704	168,999	174,363	182,180	-	131,120	205,529	205,860	318,207	209,745	90,352	68,669	76,142	64,470	27,815	20,901	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	7,294	7,496	7,448	6,119	5,901	7,088	10,041	9,442	10,144	10,907	7,720	8,036	8,729	8,910	2,886	847	195	1,055
Other operating charges`640/8`	1,178	1,163	1,035	961	1,803	629	877	1,838	1,456	1,666	906	1,045	910	2,092	441	440	619	666
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	220	-	-	-	-	-
Operating profit (loss)`9901`	17,949	40,951	62,109	92,081	74,314	31,556	40,012	103,645	29,562	173,595	79,635	13,685	-757	14,001	20,221	-7,950	-7,204	16,023
Financial income`75/76B`	0	0	1	80,000	0	0	1	50,001	7	85	197	268	170	168	607	826	572	1,407
Recurring financial income`75`	0	0	1	80,000	0	0	1	50,001	7	85	197	268	170	168	607	826	572	1,407
Financial charges`65/66B`	693	1,336	2,523	1,596	1,397	2,452	3,064	5,030	5,671	9,602	19,551	2,580	2,650	2,359	760	737	824	1,076
Recurring financial charges`65`	693	1,336	2,523	1,596	1,397	2,452	3,064	5,030	5,671	9,602	19,551	2,580	2,650	2,359	760	737	824	1,076
Profit (loss) for the period before taxes`9903`	17,256	39,616	59,587	170,485	72,917	29,104	36,949	148,616	23,898	164,078	60,282	11,373	-3,457	11,810	20,068	-7,861	-3,985	16,355
Income taxes`67/77`	6,228	12,284	17,743	30,030	21,051	8,941	11,449	24,363	7,446	61,293	18,668	3,132	-	4,168	2,030	-	786	1,569
Profit (loss) for the period`9904`	11,028	27,332	41,844	140,455	51,866	20,163	25,500	124,253	16,453	102,785	41,613	8,242	-3,457	7,641	18,039	-7,861	-4,771	14,786
Profit (loss) for the period to be appropriated`9905`	11,028	27,332	41,844	140,455	51,866	20,163	25,500	124,253	16,453	102,785	41,613	8,242	-3,457	7,641	18,039	-7,861	-4,771	14,786
Appropriation of the result
Profit (loss) to be appropriated`9906`	11,028	27,332	41,844	140,455	51,866	20,163	25,500	124,253	16,453	102,785	41,613	8,242	-3,457	7,641	18,039	-7,861	-4,771	14,786
Transfer from equity`791/2`	60,000	20,000	25,000	-	50,000	-	-	-	-	-	-	-	3,457	-	-	7,861	4,771	-
Transfer to equity`691/2`	9,310	25,666	40,244	138,855	50,266	18,563	23,876	122,653	15,173	102,785	41,613	8,242	-	7,641	18,039	-	-	14,786
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	7,000	1,000	-	-	-	-	-	-
To other reserves`6921`	9,310	25,666	40,244	138,855	50,266	18,563	23,876	122,653	15,173	102,785	34,613	7,242	-	7,641	18,039	-	-	14,786
Profit to be distributed`694/7`	61,718	21,666	26,600	1,600	51,600	1,600	1,624	1,600	1,280	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	61,718	21,666	26,600	1,600	51,600	1,600	1,624	1,600	1,280	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	29-06-2026	2026-00258004	PDF
31-12-2024	abbreviated format	13-08-2025	2025-00387213	PDF
31-12-2023	abbreviated format	10-06-2024	2024-00134559	PDF
31-12-2022	abbreviated format	02-08-2023	2023-00317084	PDF
31-12-2021	abbreviated format	05-08-2022	2022-20279696	PDF
31-12-2020	abbreviated format	09-08-2021	2021-47300075	PDF
31-12-2019	abbreviated format	08-09-2020	2020-52500235	PDF
31-12-2018	abbreviated format	09-08-2019	2019-45400143	PDF
31-12-2017	abbreviated format	06-08-2018	2018-44000362	PDF
31-12-2016	abbreviated format	19-07-2017	2017-34900067	PDF
31-12-2015	abbreviated format	13-07-2016	2016-32100234	PDF
31-12-2014	abbreviated format	27-08-2015	2015-53600128	PDF
31-12-2013	abbreviated format	28-08-2014	2014-55000514	PDF
31-12-2012	abbreviated format	26-08-2013	2013-49200091	PDF
31-12-2011	abbreviated format	26-08-2012	2012-47000164	PDF
31-12-2010	abbreviated format	28-08-2011	2011-48100305	PDF
31-12-2009	abbreviated format	29-08-2010	2010-52600126	PDF
31-12-2008	abbreviated format	27-08-2009	2009-70500382	PDF
31-12-2007	abbreviated format	19-08-2008	2008-57300024	PDF
31-12-2006	abbreviated format	28-08-2007	2007-61500147	PDF
31-12-2005	abbreviated format	30-08-2006	2006-69400203	PDF
31-12-2004	abbreviated format	28-07-2005	2005-56700261	PDF
31-12-2003	abbreviated format	15-07-2004	2004-45400048	PDF
31-12-2002	abbreviated format	24-09-2003	2003-68100225	PDF
31-12-2001	abbreviated format	09-07-2002	2002-34900045	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
EBITDA	25,242	48,447	69,557	98,200	80,215	38,644	50,053	113,087	39,706	184,502	87,355	21,721	7,972	22,911	23,107	-7,103	-7,009	17,078
Cash flow	18,322	34,828	49,291	146,574	57,767	27,251	35,541	133,694	26,597	113,691	49,333	16,277	5,272	16,552	20,924	-7,014	-4,576	15,841
Investment in fixed assets (approximation)	0	8,615	29,329	0	0	0	4,109	0	3,889	16,060	1,448	545,898	3,216	92,657	29,769	1,280	0	1,212
Change in cash	-20,357	18,291	-11,004	6,757	-4,280	5,819	-2,328	-1,845	-1,467	3,920	-2,995	9,784	-6,915	-4,702	-18,159	-2,703	6,668	-
Working capital	-25,251	18,145	13,599	20,236	-124,738	-114,323	-96,719	-38,313	-80,470	-105,363	-146,801	-139,570	-35,781	-38,057	25,548	34,394	42,688	47,263
EBIT margin	9.5%	19.0%	25.7%	33.1%	-	19.2%	15.8%	32.8%	8.4%	44.7%	45.3%	15.7%	-0.9%	16.1%	39.4%	-55.8%	-	-
Solvency	83.7%	90.8%	87.8%	86.4%	76.3%	76.1%	71.6%	61.6%	45.6%	41.6%	29.6%	23.3%	52.9%	48.9%	72.8%	70.0%	70.6%	73.6%
Current ratio	0.78	1.28	1.15	1.21	0.17	0.16	0.23	0.70	0.43	0.45	0.21	0.20	0.43	0.51	2.28	3.27	3.36	3.74
Quick ratio	0.78	1.28	1.15	1.21	0.17	0.16	0.23	0.70	0.43	0.45	0.21	0.20	0.43	0.51	2.28	3.27	3.36	3.71
Debt to equity	0.20	0.10	0.14	0.16	0.31	0.31	0.40	0.62	1.19	1.40	2.38	3.29	0.89	1.05	0.37	0.43	0.42	0.36
ROE	1.9%	4.3%	6.6%	22.6%	10.7%	4.2%	5.5%	28.2%	5.2%	33.9%	20.8%	5.2%	-4.9%	10.4%	33.8%	-22.2%	-11.0%	30.8%
ROA	1.6%	3.9%	5.8%	19.5%	8.2%	3.2%	3.9%	17.4%	2.4%	14.1%	6.2%	1.2%	-2.6%	5.1%	24.6%	-15.6%	-7.8%	22.6%
Interest coverage	36.42	36.27	27.57	61.52	57.41	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	124 days	104 days	148 days	84 days	-	21 days	32 days	87 days	52 days	68 days	49 days	76 days	86 days	105 days	140 days	138 days	-	-
Supplier credit	12 days	8 days	6 days	0 days	-	2 days	19 days	1 day	10 days	33 days	12 days	38 days	26 days	40 days	46 days	21 days	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€8,615	€29,329	-	-
Depreciation and write-downs of the year	€7,294	€7,496	€7,448	€6,119	€5,901

KWADRIX

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency83.7%

Current ratio0.78

Return on assets1.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on KWADRIX

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