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QUARTSON

Active Private limited companyfounded 2014active for 12 yearsRue de Moha 17, 5030 GemblouxKBO/BCE: BE 0561.704.630 #4 company by total assets in Gembloux, Agriculture, forestry and fishing sector
QUARTSON
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Overview

Lifetime

12 annual accounts with figures on one time axis
peak €814,161 (2019)
€336,979▼ 15.3%
lowest -€6,070 (2016)
€82,068▼ 45.3%
peak €966,780 (2024)
€675,298▼ 30.1%
€2.1m▲ 67.5%
Board3 names since 2021
1 directorThibault Mouthoy
Documentsfilings and deeds
15-07-202616 days before the deadline
2025abbreviated format
Gross margin from €397,779 to €336,979Result from €150,012 to €82,068Dividend €373,551Equity from €966,780 to €675,298Debts from €1.3m to €2.1mInvestments €832,823

Key points

from the 2025 annual accounts

Equity

€675,298 ▼ 30.1%
966,7802024+82,068Profit-373,551Dividend675,2982025

QUARTSON paid out €373,551 in dividends. That is 455% of the 2025 profit.

Result

€82,068 ▼ 45.3%
€150,0002024€82,1002025

The result fell in 2025 from €150,012 to €82,068.

Debts

€2.1m ▲ 67.5%
Financial debts
+0.5
Other debts
+0.3
Suppliers
+0.01

Debts rose by €849,719 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€927,823 6.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 43.2% higher than in 2024.

Liquidity

0.55 was 1.99 in 2024

Short-term debts rose from €235,551 to €611,815.

Checked score

92
Excellent
Financially stronger than 33% of small companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 912 companies (NACE 01, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.2 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

49-19equity 24.3% of total assets
46-15short-term debt 22.0% · cash 3.1%
72-5return on assets 2.9%

Score breakdown

raises risk
Liquidity: current ratio 0.55, cash €85,860, halved
lowers risk
Size: total assets €2.8m
Figures for financial year 2025 (filed on 15-07-2026)
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small). It does better than 30% of them on solvency, 44% on liquidity, 53% on profitability and 6% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as QUARTSON has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of QUARTSON itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 4,107 companies, not a prediction for QUARTSON. 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

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.55 (1.99 in 2024), below 1. Short-term debt is 22% and cash 3.1% of total assets. 75.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.55, cash €85,860, halved
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
3 days early
2023
14 days late
2022
59 days late
2021
31 days late
2020
90 days late
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TM
Thibault Mouthoy
Director, since 04-10-2021
  • Julie MOUTHOY 14 sharesdeed of 24-08-2023
  • Valérie ROUSSEAU 22 sharesdeed of 24-08-2023
  • Thibault MOUTHOY 23 sharesdeed of 24-08-2023
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0561704630
Registered office clause: Rue du Moha 17 bte 4B, 5030 Gembloux General meeting of 30-11-2023 · Gazette deed
Demerger: Art of Flavor splits off to MLG Arômes Company renamed from Art of Flavor to QUARTSON · Resignation: Jean-Philippe MOUTHOY (director) · Julie MOUTHOY holds 14 shares · Gazette deed
Demerger proposal: Art of Flavor splits off to MLG Arômes Valérie Mouthoy-Rousseau holds 22 shares · Julie Mouthoy holds 14 shares · Thibault holds 23 shares · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
QUARTSON Gembloux €2.8m €336,979 24.3% -
CA HORSE SPORT Lanaken €2.4m €354,078 93.3% 0
FREPAT Hasselt €2.6m €262,967 39.9% -
STUD 2000 Halen €3.3m €235,938 46.3% -
HARAS DE NIASTER Aywaille €3.3m €321,810 69.5% 2.6
Butler Court Stables Zoersel €2.4m €631,508 72.1% 1.1
Vincent Martens Tielt €2.6m €394,606 12.2% 2.3

These companies have the same main activity as QUARTSON: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €2.4m and €3.3m, founded between 2011 and 2016.

Official details

Source: KBO
Status
Active since 05-09-2014Normal situation
Registered office
30 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Raising of horses and other equinesNACE 01430and 11 others
Establishment unit
2.234.438.0555030 Gembloux, since 05-09-2014
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

€336,979▼ 15.3%
≈ €850,000estimated
€82,068▼ 45.3%
€675,298▼ 30.1%
€2.8m▲ 25.1%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on QUARTSON

QUARTSON files the abbreviated format. That format states no turnover. The gross margin rose from €13,804 in 2014 to €336,979 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 15-07-2026, 16 days before the deadline
€336,979
▼ 15.3%
€145,567
▼ 36.1%
€290,577
▼ 17.0%
€227,078
▼ 16.6%
24.3%
▼ 19.2 percentage points
0.55
▼ 1.44
In the rankings #4 company by total assets in Gembloux, Agriculture, forestry and fishing sector#6 company by equity in Gembloux, Agriculture, forestry and fishing sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €2.8m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

24.3%

Higher than 29% of 2,077 companies in 2025.

0.55

Higher than 14% of 2,057 companies in 2025.

2.9%

Higher than 46% of 2,071 companies in 2025.

QUARTSON Middle half of the sector 80% of the sector Abbreviated accounts in crop and animal production (NACE 01)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 2.8m2.2m1.9m1.9m2.3m2.1m1.8m1.2m734,626266,988162,84663,896
20 -----------0
21/28 2.4m1.8m1.4m1.5m1.7m1.2m560,861534,860239,78536,93013,7200
21 6,8094,750--55,04765,200-4,9519,901---
22/27 2.4m1.8m1.4m1.5m1.6m1.1m541,261527,909212,88434,93013,720-
22 2.4m1.7m1.3m1.4m1.3m622,412358,006371,79095,000---
23 7,88214,61621,39438,34476,287117,46643,65939,97924,794---
24 33,55856,01078,09649,049172,455277,350127,99799,99272,39434,93013,720-
25 --5121,02350,285-------
26 6,22912,08817,94825,8082,5003,0003,5004,0004,500---
28 2,0002,00019,60019,60019,60019,60019,6002,00017,0002,000--
29/58 339,067468,643452,620445,180599,827909,0801.2m654,363494,841230,058149,12563,896
3 104,100129,100184,100186,000128,500128,500106,50036,50036,50023,50014,5003,890
30/36 104,100129,100184,100186,000128,500128,500106,50036,50036,50023,50014,5003,890
40/41 142,550127,38336,112202,031337,813265,510767,204387,856206,316123,671131,7501,077
40 98,679109,21332,46198,584293,118215,349732,481336,929165,973112,705130,5300
41 43,87118,1703,651103,44744,69550,16134,72350,92740,34310,9661,2201,077
54/58 85,860204,824225,56950,029118,813503,081322,619217,050252,02682,8872,62058,930
490/1 6,5577,3366,8397,12014,70111,9893,43912,957--255-
Balance sheet: equity and liabilities
10/49 2.8m2.2m1.9m1.9m2.3m2.1m1.8m1.2m734,626266,988162,84663,896
10/15 675,298966,780871,893812,834594,340497,319121,43670,63970,56721,94628,01616,524
10/11 6,1626,1626,1626,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,400
13 611,589903,072808,185748,727530,233433,21257,3296,5326,5325,5795,5795,004
130/1 1,8481,8481,8481,8601,8601,860------
130 ------1,8601,8601,860907907332
1311 1,8481,8481,8481,8601,8601,860------
132 -------4,6724,6724,6724,6724,672
133 609,740901,223806,336746,867528,373431,35255,469-----
14 57,54757,54757,54757,90657,90657,90657,90657,90657,83510,16716,2375,319
17/49 2.1m1.3m1.0m1.1m1.7m1.6m1.6m1.1m664,059245,042134,82947,373
17 1.5m1.0m865,929956,5481.1m628,595355,656400,467150,06719,791--
170/4 1.5m1.0m865,929956,5481.1m626,595353,656398,467148,06717,791--
178/9 250250--2,0002,0002,0002,0002,0002,000--
42/48 611,815235,551133,806170,875606,355951,8831.3m718,117508,525225,250134,82947,373
42 114,80491,28180,83593,978172,34493,51759,75940,51126,3628,655--
43 ----800----1--
430/8 ----800----1--
44 77,49570,9927,9173,855259,732355,102675,751340,338150,048187,04892,99630,353
440/4 77,49570,9927,9173,855259,732355,102675,751340,338150,048187,04892,99630,353
45 21,08921,299-28,482713378,992329,064286,674209,6355,6968,26116,415
450/3 21,08921,299-28,482713373,392207,635286,674205,0814,5968,2612,415
454/9 -0---5,600121,429-4,5541,100-14,000
47/48 398,42651,97945,05444,559172,766124,271218,34150,594122,48023,85033,572605
492/3 -2,9698161201,1613,358616-5,468---
Income statement
70 ---2.0m-3.2m-2.4m--319,872109,383
76A --6,113123,8855,52289,130-8,2895,5961,350--
9900 336,979397,779332,887538,547477,150791,601814,161318,518443,23316,66416,78613,804
60/61 ---1.6m-2.6m-2.1m1.0m-303,23695,579
62 -----749-----761
630 145,009122,319112,836128,083227,345120,70686,48845,61948,7178,791233-
640/8 6,3077,86620,24961,53857,51565,46357,1645,3782,6178364280
66A 40,09539,68518,49330,9098,89853,266--35,467-11,554--
9901 145,567227,908181,309318,017183,392551,417670,509302,989391,899-4,51716,12513,042
75/76B 51469834817524473899243-333
75 51469834817524473899243-333
65/66B 31,59319,72920,34819,85828,0709,95410,6018,6892,2321,5565032
65 31,59319,72920,34819,85828,0709,95410,6018,6892,2321,5565032
9903 114,488208,877160,995298,976155,846541,510659,945294,400389,691-6,06916,07513,343
67/77 32,42058,86597,43380,48258,825165,627204,38690,328134,82014,5822,214
9904 82,068150,01263,561218,49497,021375,883455,559204,071254,871-6,07011,49311,130
789 ------4,672-----
689 -----------4,672
9905 82,068150,01263,561218,49497,021375,883460,231204,071254,871-6,07011,4936,458
Appropriation of the result
9906 139,615207,559121,468276,401154,927433,790518,138261,906265,03810,16716,8126,458
14P 57,54757,54757,90657,90657,906-------
791/2 373,55155,125----------
691/2 82,068150,01263,921218,49497,021375,88355,469-953-575332
691 --359---------
6920 82,068150,01263,561218,49497,021375,883--953-575332
6921 ------55,469-----
694/7 373,55155,125----404,762204,000206,250--806
694 373,55155,125----404,762204,000206,250--806
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 15 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 15-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 15-07-2026 2026-00293973 PDF
31-12-2024 full format 28-07-2025 2025-00316219 PDF
31-12-2023 full format 14-08-2024 2024-00343790 PDF
31-12-2022 full format 28-09-2023 2023-00457258 PDF
31-12-2021 full format 31-08-2022 2022-20367805 PDF
31-12-2020 full format 29-10-2021 2021-75800412 PDF
31-12-2019 full format 28-09-2020 2020-56000576 PDF
31-12-2018 full format 25-09-2019 2019-65700415 PDF
31-12-2017 full format 13-08-2018 2018-45400389 PDF
31-12-2016 full format 22-08-2017 2017-47200381 PDF
31-12-2015 full format 05-10-2016 2016-64800453 PDF
31-12-2014 full format 09-10-2015 2015-64600442 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
290,577350,228294,145446,100410,737672,123756,997348,608440,6164,27416,357-
227,078272,331176,397346,578324,366496,589542,047249,690303,5882,72011,725-
927,823477,85086,299143,723796,422793,204112,490408,388251,57232,00013,953-
-118,964-20,745175,539-68,784-384,268180,462105,569-34,976169,13880,267-56,310-
-272,748233,092318,814274,306-6,528-42,802-83,153-63,754-13,6834,80814,29616,524
---15.8%-17.0%-12.5%--5.0%11.9%
24.3%43.4%46.6%41.9%25.8%23.9%6.9%5.9%9.6%8.2%17.2%25.9%
0.551.993.382.610.990.960.940.910.971.021.111.35
0.381.442.011.520.780.820.850.860.900.921.001.27
3.121.301.151.392.883.1813.5015.849.4111.174.812.87
12.2%15.5%7.3%26.9%16.3%75.6%375.1%288.9%361.2%-27.7%41.0%67.4%
2.9%6.7%3.4%11.3%4.2%18.1%25.9%17.2%34.7%-2.3%7.1%17.4%
9.2017.7514.4622.4614.63-------
---18 days-24 days-51 days--149 days0 days
---1 day-51 days-58 days53 days-112 days116 days

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
Item20252024202320222021
Tangible fixed assets€922,923€472,850€86,299€143,723€796,422
Intangible fixed assets€4,900€5,000---
€145,009€122,319€112,836€128,083€227,345

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on QUARTSON

The operating result for 2025 is 36% lower than in 2024 and the lowest since 2016.

Debt's share of the balance-sheet total rises from 56.6% to 75.7%. Equity is lower and debt is higher.

Large changes and their cause
  • 2023 Net result -71% on 2022. The 2022 profit included a one-off income of €123,885.
  • 2022 Net result +125% on 2021. The 2022 profit included a one-off income of €123,885.

Board & ownership

Board

1 director, last change in 2023
Thibault Mouthoy
Director
since 04-10-2021
listed in the 2025 annual accounts, filed on 15-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée. S’ils sont plusieurs, chaque…”
deed of 31-08-2020

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Thibault Mouthoy
Director
Jean Philippe Mouthoy
Director
Julie Mouthoy
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • Thibault Mouthoy
    • Director, from 04-10-2021 to date
  • Jean Philippe Mouthoy
    • Director, appointed by deed of 08-10-2021, until 04-08-2023
  • Julie Mouthoy
    • Director, until 04-10-2021

See the board, name and registered office on a given date →

Control

Shareholders
Julie MOUTHOY, Valérie ROUSSEAU, Thibault MOUTHOY
and 1 other
This company
QUARTSON
Equity €675,298
Profit €82,068 in 2025

Capital

Contribution
€6,161.54
Shares
100
Contribution per share
€61.62
Equity per share
€6,753 in 2025
Source
2025 annual accounts

Articles of association

deed of 31-08-2020 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 18:00
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“État résumant situation active et passive arrêté à date ne remontant pas à plus de trois mois, outre causes légales,dissolution anticipée…”

Shareholders

Stated in the deed deed of 24-08-2023 ↗
Stated in the deed deed of 23-06-2023 ↗
  • Valérie Mouthoy-Rousseau 22 shares
  • Julie Mouthoy 14 shares
  • Thibault 23 shares
  • MRATJ 41 shares

Capital transactions

Capital over time
  1. 23-06-2023 Capital stated in the deed · €6,200 · 100 shares
  2. 31-08-2020 Converted to unavailable equity
  3. 31-08-2020 Converted to uncalled contributions

Network & group

No group

QUARTSON has no parent and no holdings in its annual accounts. Thibault Mouthoy is the only director.

At the same address

Rue de Moha 17, 5030 Gembloux · 29 other companies
HENDRICKX SEMAL
registered office since 24-01-2000 · founded in 1999
 3.2 FTE (2025)
0465.852.495
MLG Arômes
registered office since 14-08-2023 · founded in 2023
 total assets €476,035 (2025)
0804.790.687
Idea on Air
establishment since 23-10-2007 · founded in 2007 · negative equity (2025)
 total assets €409,092 (2025)
0888.135.562
MADRAS
establishment since 06-02-2014 · founded in 1994 · negative equity (2025)
 total assets €352,120 (2025)
0454.587.233
BETRAIL
registered office since 03-11-2016 · founded in 2016
 total assets €285,794 (2025)
0665.717.334
C&S Créations
registered office since 01-05-2021 · founded in 2019
 total assets €249,503 (2025)
0735.983.441
ISOLEXT
establishment since 01-09-2025 · founded in 2012
 total assets €224,832 (2025)
0848.825.917
PLAN P
registered office since 08-12-2010 · founded in 2010
 total assets €192,775 (2025)
0831.898.724
OPUS DESIGN
establishment since 30-06-2021 · founded in 2021 · negative equity (2025)
 total assets €160,188 (2025)
0770.518.609
ARTEAM interactive
registered office since 13-07-2017 · founded in 2017
 total assets €111,562 (2025)
0678.542.714
and 19 more

Acquisitions and mergers

1 transaction
Split off to:MLG Arômes
BE 0804.790.687partial demerger · Gazette deed of 24-08-2023 (3 deeds)

Timeline

Timeline

29 events since 2014

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 16 days before the deadline
2025
Annual accounts 2024 filed PDFfull format · 3 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0561704630
2024
Annual accounts 2023 filed PDFfull format · 14 days late
2023
Registered office clause: Rue du Moha 17 bte 4B, 5030 GemblouxGeneral meeting of 30-11-20232 points ▸
  • General meeting, 30-11-2023
  • Registered office clause, Rue du Moha 17 bte 4B, 5030 Gembloux

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 59 days late
Demerger: Art of Flavor splits off to MLG ArômesCompany renamed from Art of Flavor to QUARTSON · Resignation: Jean-Philippe MOUTHOY (director) · Julie MOUTHOY holds 14 shares6 points ▸

Open the deed in the Belgian Official Gazette

Demerger proposal: Art of Flavor splits off to MLG ArômesValérie Mouthoy-Rousseau holds 22 shares · Julie Mouthoy holds 14 shares · Thibault holds 23 shares6 points ▸
  • Capital, €6,200, 100 shares
  • Valérie Mouthoy-Rousseau holds 22 shares, mentioned twice in the deed
  • Julie Mouthoy holds 14 shares, mentioned twice in the deed
  • Thibault holds 23 shares, mentioned twice in the deed
  • MRATJ holds 41 shares, mentioned twice in the deed
  • Accounting effect, 01-08-2023
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

2022
Liquidity more than doubled current ratio 2.61 The current ratio rises from 0.99 to 2.61. Short-term debt falls from €606,355 to €170,875.
Annual accounts 2021 filed PDFfull format · 31 days late
2021
Equity above €500,000 equity €594,340 ▲19.5% After 5 profitable years in a row, equity reaches €594,340.
Registered office moved from Sombreffe to GemblouxNew registered office: rue de Moha n° 17, 5030 Gembloux · Previous registered office: Rue des Communes 13, 5140 Sombreffe · Appointments: Jean-Philippe Mouthoy (director) and Thibault Mouthoy (director) · General meeting of 04-10-20215 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 90 days late
Appointment: Jean Philippe Mouthoy (director)General meeting of 21-08-20212 points ▸

Open the deed in the Belgian Official Gazette

Purpose change“toutes opérations se rapportant à l’acceptation et l’exercice de mandats relatifs à l’administration,à la…” (deed in French) · General meeting of 07-01-20212 points ▸
  • General meeting, 07-01-2021
  • Purpose change, “toutes opérations se rapportant à l’acceptation et l’exercice de mandats relatifs à l’administration,à la gestion,à la direction,au contrôle et à la liquidation…” (deed in French)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2020
Equity above €200,000 equity €497,319 ▲310% After 4 profitable years in a row, equity reaches €497,319.
Annual accounts 2019 filed PDFfull format · 59 days late
Amendment of the articles · Legal-form change · Resignations & appointmentsGeneral meeting of 21-08-20202 points ▸
  • General meeting, 21-08-2020
  • 100 shares
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

2019
Highest result from 2014 to 2025 net €455,559 ▲123% The operating result of €670,509 and the net result of €455,559 are both a record.
Equity above €100,000 equity €121,436 ▲71.9% After 3 profitable years in a row, equity reaches €121,436.
Annual accounts 2018 filed PDFfull format · 56 days late
2018
Annual accounts 2017 filed PDFfull format · 13 days late
2017
Back to profit net €254,871 The net result is €254,871, after one loss-making year.
Annual accounts 2016 filed PDFfull format · 22 days late
2016
Weakest financial year net -€6,070 The net result drops to -€6,070, the lowest from 2014 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFfull format · 66 days late
2015
Annual accounts 2014 filed PDFfull format · 70 days late
2014
Incorporation PDFpublished on 16-09-2014
First establishment ART OF FLAVOR, Rue de Moha 17, Gembloux

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

On 5 September 2014, QUARTSON was incorporated.1 In 2021 the registered office moved to Gembloux.2 Total assets went from €1.9m in 2023 to €2.8m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-12-2021
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0561.704.630
VAT number
BE 0561.704.630
Peppol ID
0208:0561704630
Other Peppol ID
9925:BE0561704630
Legal form
Private limited company
Status
Active, normal situation
Founded
05-09-2014
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 18:00
deed of 31-08-2020 (in French)
Peppol
Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
QUARTSON in French
Former name
Art of Flavor until the deed of 24-08-2023
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
Art of Flavor
deed of 31-08-2020 (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 de Moha 17, 5030 Gembloux”
deed of 23-06-2023 (in French)

Activities

NACEBEL 2025
01430 Raising of horses and other equines main activity
10890 Manufacture of food products
46349 Wholesale of beverages, general range
46360 Wholesale trade
47252 Retail sale of beverages, general range
47279 Other retail sale of food
68121 Development of residential building projects
68122 Development of non-residential building projects
68310 Real estate agency activities
68321 Property management for co-owned buildings (syndics)
70200 Business and other management consultancy
93127 Equestrian clubs
Codes under NACEBEL 2008
01430 Crop and animal production, hunting and related service activities main activity
10890 Manufacture of food products
41101 Real estate development
41102 Construction of residential and non-residential buildings
46349 Wholesale of beverages, general range
46360 Wholesale trade
47252 Retail trade
47299 Retail trade
68311 Real estate activities
68321 Real estate activities
68322 Real estate activities
70220 Business consulting
93127 Equestrian clubs
PurposeThe purpose describes the activities the company may carry out under its articles.
“À l'activité équestre / d'équitation,d'enseignement de l'équitation sous toutes ses formes et pour tous publics et d'exploitation d'un ou de…”
12 activities
  1. À l'activité équestre / d'équitation,d'enseignement de l'équitation sous toutes ses formes et pour tous publics et d'exploitation d'un ou de plusieurs manèges,en ce compris la prise en pension,les soins,le dressage et l'entrainement,la production,l'élevage,l'achat,la vente,la location,la prise en location,l'importation,l'exportation,le travail et le transport d'équidés,de véhicules pour chevaux,de matériel,équipements,vêtements et tout articles de sport et d'équitation équestre,l'organisation de stages,tournois exhibitions et compétitions équestres,l'édition,la vente sur tous supports d'images ainsi que la promotion du monde de l'équitation et ce qui s'y rattache
  2. Au commerce,à l'importation,à l'exportation,à l'achat et à la vente en gros,demi gros et au détail de matériels,marchandises et fournitures diverses et plus généralement de tous biens meubles ou immeubles
  3. Au transport national et à l'international de biens et de personnes
  4. À la réalisation de tous travaux,recherches et études et à la prestation de tous services,consultations et conseils se rapportant à la vie et au fonctionnement de toutes formes d'entreprises privées ou publiques,belges et/ou étrangères,principalement en matière financière,de gestion,de management,d'assistance administrative,ainsi qu'en matière d'organisation et de commercialisation
  5. Intervenir directement dans la gestion et dans l'organisation des entreprises clientes,suivant les conditions que l'organe d'administration décidera
  6. Les travaux de terrassement : creusement,comblement,nivellement de chantiers de constructions,ouverture de tranchées,dérochement,etc.
  7. Les travaux d'égouttage et de drainage
  8. L'entreprise générale de construction
  9. Toutes opérations se rapportant à l'acceptation et l'exercice de mandats relatifs à l'administration,à la gestion,à la direction,au contrôle et à la liquidation de toutes sociétés,entreprises ou associations,prêter à toutes sociétés et se porter caution pour elles,même hypothécairement
  10. Toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet
  11. Constituer,gérer et valoriser un patrimoine mobilier et immobilier,notamment par la vente,l'achat,la construction et la location de tous biens et droits mobiliers et immobiliers
  12. S'intéresser par voie d'apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe
deed of 23-06-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
ART OF FLAVOR registered office Rue de Moha 17, 5030 Gembloux 05-09-2014 2.234.438.055 Food wholesaler - food>3 months
1 former office
  • Rue des Communes, 13, 5140 Sombreffe until 04-10-2021 · deed of 01-12-2021

Buildings and parcels at the address

Ground area
1.4 ha
Buildings
1.6 ha
Volume, LiDAR
145,498 m³
Tallest building
14.6 m
Buildings to scale, each on its own parcel
1.6 ha, 14.6 m 1.6 ha, 14.6 m

Location

registered office establishment The establishment unit on the map
30 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
92255B0041/00Z0021.4 ha 1 · 1.6 ha 14.6 m · 3

Recognitions

Food safety, FASFC

1 site
Gemblouxunit number 2.234.438.055
1 permission
Food wholesaler - food>3 months · since 05-09-2014

Source: FAVV-AFSCA, open data, updated on 02-11-2026

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0561.704.630

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