Turnover
≈ €52,000 estimated
The accounts state no turnover.
QUARTET FAPL
Overview
Lifetime
4 annual accounts with figures on one time axispeak €32,074 (2025)
€32,074▲ €43,314
lowest -€36,315 (2024)
€6,999▲ €43,314
peak €561,889 (2022)
€497,801▲ 1.4%
€20,338▼ 21.9%
Board4 names since 2023
4 directors and 3 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from -€11,240 to €32,074Back to profit: €6,999Debts from €26,027 to €20,338
Key points
from the 2025 annual accountsLiquidity
1.40 was 0.10 in 2024
Short-term debts fell from €21,188 to €20,338.
Position in the sector
96.1%
Higher solvency than 94% of companies in real estate. Sector median 30.2% · 12,423 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 501 companies had the same profile as QUARTET FAPL has now. Each dot stands for 2 companies, two years later.
96.2%
were still trading
3.0%
stopped another way
0.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 501 companies, not a prediction for QUARTET FAPL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
Director
Director
- 296 sharesdeed of 02-01-2023
- 296 sharesdeed of 02-01-2023
- 296 sharesdeed of 02-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795550547
Incorporation
Founding capital of €592,000, 1,184 shares · Founders: , , and 1 other · Appointments: , , and · published on 02-01-2023 · Gazette deed
First establishment
Dieudonné Lefèvrestraat 69-73, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| QUARTET FAPL Brussels | €518,139 | €32,074 | 96.1% | - |
| SOIGNIES IMMO INVEST Brussels | €524,134 | €27,957 | 5.3% | - |
| MIMOSA PLASKY Schaerbeek | €431,344 | €35,034 | 12.8% | - |
| Castelum Brasschaat | €525,616 | €35,708 | -12.3% | - |
| STESI Bilzen-Hoeselt | €485,409 | €31,911 | -0.8% | - |
| GOMMI Verviers | €515,200 | €34,952 | 37.4% | - |
| MyoInvest Beringen | €475,344 | €28,966 | -3.8% | - |
These companies have the same main activity as QUARTET FAPL: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €431,000 and €526,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 29-12-2022Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.346.018.3431020 Brussels, since 29-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2026
Annual accounts 2025
- €32,074
- €6,999
- €497,801▲ 1.4%
- €518,139▲ 0.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on QUARTET FAPL
QUARTET FAPL files the abbreviated format. That format states no turnover. The gross margin rose from -€5,036 in 2022 to €32,074 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 29-06-2026, 32 days before the deadline€32,074
▲ €43,314
€6,999
▲ €43,314
€6,999
▲ €43,314
€8,101
▲ €27,234
96.1%
▲ 1.1 percentage points
1.40
▲ 1.30
The turnover shown is an estimate from the gross margin.
Turnover ≈ €52,000. Estimated: probably between €39,000 and €76,000.
Balance sheet
balance sheet total €518,139 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
96.1%
Higher than 95% of 12,423 companies in 2025.
1.40
Higher than 57% of 11,950 companies in 2025.
1.4%
Higher than 54% of 12,326 companies in 2025.
QUARTET FAPL
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
518,139 | 516,829 | 542,527 | 567,850 | |
21/28 |
489,700 | 514,775 | 539,850 | 564,925 | |
22/27 |
489,700 | 514,775 | 539,850 | 564,925 | |
22 |
88,500 | 514,775 | 539,850 | 564,925 | |
23 |
401,200 | - | - | - | |
29/58 |
28,439 | 2,054 | 2,677 | 2,925 | |
40/41 |
26,210 | 2,054 | 2,677 | 2,925 | |
40 |
24,200 | - | - | - | |
41 |
2,010 | 2,054 | 2,677 | 2,925 | |
54/58 |
2,229 | - | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
518,139 | 516,829 | 542,527 | 567,850 | |
10/15 |
497,801 | 490,802 | 527,117 | 561,889 | |
10/11 |
592,000 | 592,000 | 592,000 | 592,000 | |
10 |
- | 592,000 | - | - | |
100 |
- | 592,000 | - | - | |
14 |
-94,199 | -101,198 | -64,883 | -30,111 | |
17/49 |
20,338 | 26,027 | 15,410 | 5,961 | |
42/48 |
20,338 | 21,188 | 15,410 | 5,961 | |
42 |
- | - | 1,712 | - | |
43 |
- | - | - | 5,961 | |
439 |
- | - | - | 5,961 | |
45 |
3,150 | - | - | - | |
450/3 |
3,150 | - | - | - | |
47/48 |
17,188 | 21,188 | 13,698 | - | |
492/3 |
- | 4,840 | - | - | |
| Income statement | |||||
9900 |
32,074 | -11,240 | -9,697 | -5,036 | |
60/61 |
- | 11,240 | 9,697 | 5,036 | |
630 |
25,075 | 25,075 | 25,075 | 25,075 | |
9901 |
6,999 | -36,315 | -34,772 | -30,111 | |
9903 |
6,999 | -36,315 | -34,772 | -30,111 | |
9904 |
6,999 | -36,315 | -34,772 | -30,111 | |
9905 |
6,999 | -36,315 | -34,772 | -30,111 | |
| Appropriation of the result | |||||
9906 |
-94,199 | -101,198 | -64,883 | -30,111 | |
14P |
-101,198 | -64,883 | -30,111 | - | |
791/2 |
- | 0 | 0 | - | |
691/2 |
- | 0 | - | - | |
691 |
- | 0 | - | - | |
6920 |
- | 0 | - | - | |
6921 |
- | 0 | - | - | |
794 |
- | 0 | 0 | - | |
694/7 |
- | 0 | - | - | |
694 |
- | 0 | - | - | |
695 |
- | 0 | - | - | |
696 |
- | 0 | - | - | |
697 |
- | 0 | - | - | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 32,074 | -11,240 | -9,697 | -5,036 | ||
| 32,074 | -11,240 | -9,697 | -5,036 | ||
| 0 | 0 | 0 | 590,000 | ||
| 8,101 | -19,133 | -12,733 | -3,036 | ||
| 96.1% | 95.0% | 97.2% | 99.0% | ||
| 1.40 | 0.10 | 0.17 | 0.49 | ||
| 0.04 | 0.05 | 0.03 | 0.01 | ||
| 1.4% | -7.4% | -6.6% | -5.4% | ||
| 1.4% | -7.0% | -6.4% | -5.3% |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €590,000 |
| €25,075 | €25,075 | €25,075 | €25,075 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on QUARTET FAPL
The operating result for 2025 is a profit of €6,999, after a loss of €36,315 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total falls from 5.0% to 3.9%. Equity is higher and debt is lower.
Board & ownership
Board
4 directors, no change since 2023Mandates through the years
4 names, the dashed line is todayDirector (not named in the articles)
Director (not named in the articles)
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 02-01-2023, still in office
-
- Director (not named in the articles), appointed by deed of 02-01-2023, still in office
-
- Director (not named in the articles), appointed by deed of 02-01-2023, still in office
-
- Director (not named in the articles), appointed by deed of 02-01-2023, still in office
Control
Founders
, ,
and 1 other
This company
QUARTET FAPL
Equity €497,801
Profit €6,999 in 2025
Capital
- Contribution
- €592,000
- Shares
- 1,184
- Contribution per share
- €500
- Equity per share
- €420 in 2025
- Source
- deed of 02-01-2023
Articles of association
deed of 02-01-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 02-01-2023 ↗
- 296 shares (25%) · €148,000
- 296 shares (25%) · €148,000
- 296 shares (25%) · €148,000
- 296 shares (25%) · €148,000
Network & group
No group
QUARTET FAPL has no parent and no holdings in its annual accounts. QUARTET FAPL shares no director with another company.
Timeline
Timeline
10 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 32 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795550547
2025
Back to profit net €6,999 The net result is €6,999, after 3 loss-making years.
Liquidity more than 14 times current ratio 1.40 The current ratio rises from 0.10 to 1.40. Short-term debt falls from €21,188 to €20,338.
Annual accounts 2024 filed PDFfull format · 34 days before the deadline
2024
Weakest financial year net -€36,315 The net result drops to -€36,315, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFfull format · 34 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 67 days late
2022
IncorporationFounding capital of €592,000, 1,184 shares · Founders: , , and 1 other · Appointments: , , and · published on 02-01-202313 points ▸
- Founder,
- Founder,
- Founder,
- Founder,
- Founding capital, €592,000, 1,184 shares
- Capital contribution, €2,000
- Registered office clause, Rue Dieudonné Lefèvre, 69-73, 1020 Bruxelles
- Board rule, 4
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- Auditor report, 27-12-2022
- The deed holds 5 more points.
First establishment Dieudonné Lefèvrestraat 69-73, Brussels
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0795.550.547
- VAT number
- BE 0795.550.547
- Peppol ID
- 0208:0795550547
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-12-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00deed of 02-01-2023 (in French)
- Peppol
- Reachable since 13-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- QUARTET FAPL in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-01-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue Dieudonné Lefèvre, 69-73, 1020 Bruxelles”deed of 02-01-2023 (in French)
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
68203
Real estate rental main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec…”deed of 02-01-2023 (in French)
14 activities
- L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d'achat, l'exploitation et l'entretien de maisons, appartements, bureaux, magasins, fonds de commerce, terrains, terres et domaines, et de manière générale, de tous biens immobiliers, parties divises ou indivises d’immeubles, ainsi que toutes opérations de financement. Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers, en tant que maître de l'ouvrage ou entrepreneur général, et effectuer, éventuellement aux biens immobiliers, des transformations et mises en valeur, notamment l’installation de bornes de recharge de véhicule électrique, ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts; souscrire des engagements en tant que conseiller en construction (études de génie civil et des divers équipements techniques des immeubles); acheter tous matériaux, signer tous contrats d'entreprises qui seraient nécessaires; réaliser toutes opérations de change, commission et courtage, ainsi que la gérance d'immeubles. Elle peut acheter, exploiter et construire tant pour elle-même que pour des tiers, par location ou autrement, tous parkings, garages, station-service et d'entretien.
- La conception, l'invention, la fabrication, la construction, la rénovation, l’amélioration, l'importation, l'exportation l'achat et la vente, la distribution, l'entretien, l'exploitation tant en nom propre qu'en qualité d'agent, de commissionnaire ou de courtier:
- De tout bien immobilier accessoire aux biens immobiliers visés au numéro un;
- De parcomètres, ainsi que de tous autres appareils destinés à contrôler, empêcher ou limiter le stationnement de véhicules, tant sur la voie publique que dans les propriétés privées;
- De tous véhicules et machines à moteur, de tous accessoires de pièces de rechange, d'essence, d'huile, de pneumatiques et de tous articles généralement quelconques de garage.
- L'achat et la vente d'œuvres d'arts et d'objets de collection.
- La prestation de tous services dans le cadre de son objet, y compris la gestion de patrimoine.
- La société peut réaliser son objet en tous lieux, en Belgique ou à l'étranger, de toutes manières et suivants les modalités qui lui paraîtront les mieux appropriées.
- Elle peut faire, tant pour elle-même que pour compte de tiers, tous actes et opérations financières, commerciales, industrielles, mobilières ou immobilières se rattachant directement ou indirectement en tout ou en partie à son objet social, ou pouvant en amener le développement ou en faciliter la réalisation, notamment sans que la désignation soit limitative; prêter, emprunter, hypothéquer, acquérir ou céder tous brevets, patentes, licences, marques; s'intéresser par voie d'apport, de cession, de souscription, de participation, de fusion, d'achat d'actions ou autres valeurs, ou par toutes autres voies dans toutes sociétés, entreprises ou associations existantes ou à créer, dont l'objet est identique, analogue, similaire ou connexe à tout ou partie de celui de la présente société ou susceptible de favoriser le développement de la société ou de constituer pour elle une source de débouchés, exercer la gérance, l’administration, la direction ou l’organisation d'autres sociétés.
- Elle dispose, d’une manière générale, d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
- Elle peut s'intéresser par voie d'association, d'apport, de fusion, d'intervention financière, de prise de participation sous quelque forme que ce soit, ou autrement (que ce soit par des prêts, avances, garanties ou de toute autre manière) dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
- Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
- La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large.
- Elle peut accomplir toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, se rapportant directement ou indirectement à son objet.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Dieudonné Lefèvrestraat 69-73 registered office 1020 Brussels | 29-12-2022 | 2.346.018.343 |
Buildings and parcels at the address
- Ground area
- 1,426 m²
- Buildings
- 1,368 m²
- Volume, LiDAR
- 8,818 m³
- Tallest building
- 11.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21815D0319/00T005 | 1,426 m² | 1 · 1,368 m² | 11.4 m · 2 |