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QUATRA

Active
Public limited companyfounded 199828 yrs activeHoekstraat 165, 9160 Lokeren, BelgiumKBO/BCE: BE 0463.636.640
Summary

QUATRA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27.8m and a net result of €8.6m. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 6131 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability68▲+10
Solvency50▲+3
Growth85=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,650,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.86 in 2023; short-term debt: 40.7% and cash: 4.6% of total assets), and 75% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
25%
Return on assets
7.7%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
44 d early
2023
86 d late
2022
169 d late
2021
96 d late
2020
1 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 October (4 of the last 5 filed years within 122 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 June 1998, QUATRA was incorporated.1 Revenue went from EUR 21 million in 2018 to EUR 233 million in 2024 and headcount from 25 to 32.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€233.4m▲ 43.5%
2023 · €162.7m
EBIT margin
4.5%▲ 3.1pp
2023 · 1.3%
Net result
€8.6m▲ 407%
2023 · €1.7m
Working capital
-€4.4m▲ 18.4%
2023 · -€5.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€43.0m▲ 73.5%€87.4m▲ 103%€177.8m▲ 103%€162.7m▼ 8.5%€233.4m▲ 43.5%
Operating result€3.6m▲ 330%€6.6m▲ 82.0%€7.7m▲ 18.0%€2.2m▼ 72.1%€10.4m▲ 382%
Net result€2.8mabove the sector's middle half▲ 259%€5.2mabove the sector's middle half▲ 86.3%€6.8mabove the sector's middle half▲ 29.8%€1.7mabove the sector's middle half▼ 75.1%€8.6mabove the sector's middle half▲ 407%
EBIT margin8.4%▲ 5.0pp7.5%▼ 0.9pp4.3%▼ 3.1pp1.3%▼ 3.0pp4.5%▲ 3.1pp
Equity€7.8mabove the sector's middle half▲ 12.1%€11.1mabove the sector's middle half▲ 41.2%€17.9mabove the sector's middle half▲ 61.4%€19.2mabove the sector's middle half▲ 7.8%€27.8mabove the sector's middle half▲ 44.5%
Total assets€17.9mabove the sector's middle half▲ 16.6%€39.7mabove the sector's middle half▲ 122%€73.9mabove the sector's middle half▲ 86.1%€87.6mabove the sector's middle half▲ 18.5%€111.1mabove the sector's middle half▲ 26.8%
Debt€10.0m▲ 20.3%€28.6m▲ 186%€55.8m▲ 94.7%€68.1m▲ 22.1%€83.0m▲ 21.9%
Working capital€3.4mabove the sector's middle half▲ 38.7%€5.0mabove the sector's middle half▲ 46.4%-€2.9mbelow the sector's middle half-€5.4mbelow the sector's middle half▼ 83.3%-€4.4mbelow the sector's middle half▲ 18.4%
Solvency43.8%within the sector's middle half▼ 1.7pp27.9%within the sector's middle half▼ 16.0pp24.2%within the sector's middle half▼ 3.7pp22.0%within the sector's middle half▼ 2.2pp25.0%within the sector's middle half▲ 3.1pp
Current ratio1.35within the sector's middle half▲ 0.041.21within the sector's middle half▼ 0.150.94below the sector's middle half▼ 0.270.86below the sector's middle half▼ 0.080.90below the sector's middle half▲ 0.04
Return on assets (ROA)15.7%above the sector's middle half▲ 10.6pp13.2%above the sector's middle half▼ 2.5pp9.2%within the sector's middle half▼ 4.0pp1.9%within the sector's middle half▼ 7.3pp7.7%within the sector's middle half▲ 5.8pp
Staff (FTE)33above the sector's middle half▲ 26.0%27.8within the sector's middle half▼ 15.8%38above the sector's middle half▲ 36.7%26.7within the sector's middle half▼ 29.7%32.7above the sector's middle half▲ 22.5%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€5.0m€10.0mOperating result 2020: €3.6m€3.6mNet result 2020: €2.8m€2.8mOperating result 2021: €6.6m€6.6mNet result 2021: €5.2m€5.2mOperating result 2022: €7.7m€7.7mNet result 2022: €6.8m€6.8mOperating result 2023: €2.2m€2.2mNet result 2023: €1.7m€1.7mOperating result 2024: €10.4m€10.4mNet result 2024: €8.6m€8.6m20202021202220232024€0€5m€10mOperating result 2022: €7.7m€7.7mNet result 2022: €6.8m€6.8mOperating result 2023: €2.2m€2.2mNet result 2023: €1.7m€1.7mOperating result 2024: €10.4m€10mNet result 2024: €8.6m€8.6m202220232024
The operating result recovers in 2024; 2024 is 382% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111.1m
Fixed assets €70.2m ▲ 28.5%
Current assets €40.8m ▲ 24.0%
Equity and liabilities €111.1m
Equity €27.8m ▲ 44.5%
Provisions €237,453 ▼ 5.4%
Debt €83.0m ▲ 21.9%
Debt's share of the balance-sheet total falls from 77.7% to 74.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€15.7m▲
2023 · €5.6m
Cash flow
€13.8m▲
2023 · €5.1m
Quick ratio
0.66▼
2023 · 0.66
Debt to equity
2.98▼
2023 · 3.54
ROE
30.8%▲
2023 · 8.8%
Interest coverage
10.24▲
2023 · 5.91
Debt ≤ 1 year
€45.2m▲
2023 · €38.3m
Debt > 1 year
€37.5m▲
2023 · €29.5m
Income taxes
€1.9m▲
2023 · €515,294
Staff costs
€2.7m▲
2023 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.0% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,613 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 104 lines
Balance sheet Code20232024
Assets
Total assets20/58€87.6m€111.1m▲
Fixed assets21/28€54.6m€70.2m▲
Intangible fixed assets21€1.8m€9.2m▲
Tangible fixed assets22/27€27.8m€30.4m▲
Land and buildings22€168,814€165,367▼
Plant, machinery and equipment23€4.3m€6.3m▲
Furniture and vehicles24€1.6m€1.3m▼
Leasing and similar rights25€10.2m€10.5m▲
Other tangible fixed assets26€10.3m€10.5m▲
Assets under construction and advance payments27€1.2m€1.7m▲
Financial fixed assets28€25.1m€30.6m▲
Affiliated companies280/1€25.0m€30.5m▲
Amounts receivable281€25.0m€30.5m▲
Other financial fixed assets284/8€81,589€81,508▼
Amounts receivable and cash guarantees285/8€81,589€81,508▼
Current assets29/58€32.9m€40.8m▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€7.5m€11.2m▲
Stocks30/36€7.5m€11.2m▲
Raw materials and consumables30/31€509,299€1.9m▲
Finished goods33€6.0m€8.1m▲
Goods purchased for resale34€1.0m€1.2m▲
Amounts receivable within one year40/41€21.7m€22.1m▲
Trade receivables40€9.0m€14.3m▲
Other amounts receivable41€12.7m€7.8m▼
Cash at bank and in hand54/58€2.6m€5.1m▲
Deferred charges and accrued income490/1€1.0m€2.4m▲
Equity and liabilities
Total equity and liabilities10/49€87.6m€111.1m▲
Equity10/15€19.2m€27.8m▲
Contributions10/11€919,000€919,000=
Capital10€919,000€919,000=
Issued capital100€919,000€919,000=
Reserves13€18.3m€26.9m▲
Non-distributable reserves130/1€91,900€91,900=
Legal reserve130€91,900€91,900=
Tax-exempt reserves132€4.6m€4.5m▼
Distributable reserves133€13.7m€22.3m▲
Provisions and deferred taxes16€250,942€237,453▼
Deferred taxes168€250,942€237,453▼
Amounts payable17/49€68.1m€83.0m▲
Amounts payable after more than one year17€29.5m€37.5m▲
Financial debts170/4€23.6m€30.8m▲
Leasing and similar obligations172€8.8m€8.9m▲
Credit institutions173€9.4m€16.6m▲
Other loans174€5.3m€5.3m=
Advances received on contracts in progress176€5.9m€6.5m▲
Other amounts payable178/9-€232,500
Amounts payable within one year42/48€38.3m€45.2m▲
Current portion of amounts payable after more than one year42€3.4m€4.1m▲
Financial debts43€360,968€472,916▲
Credit institutions430/8€360,968€472,916▲
Trade debts44€32.0m€35.7m▲
Suppliers440/4€32.0m€35.7m▲
Advances received on contracts in progress46€1.3m€1.7m▲
Taxes, remuneration and social security45€335,670€504,606▲
Taxes450/3€132,687€228,483▲
Remuneration and social security454/9€202,983€276,123▲
Other amounts payable47/48€864,150€2.7m▲
Accrued charges and deferred income492/3€233,739€258,920▲
Income statement Code20232024
Operating income70/76A€163.8m€238.1m▲
Turnover70€162.7m€233.4m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€1.8m€2.1m▲
Other operating income74€2.5m€2.6m▲
Non-recurring operating income76A€333,008€37,678▼
Operating charges60/66A€161.6m€227.7m▲
Goods for resale, raw materials and consumables60€128.1m€183.1m▲
Purchases600/8€126.5m€184.6m▲
Change in stocks: decrease (increase)609€1.6m-€1.6m▼
Services and other goods61€27.7m€36.5m▲
Remuneration, social security and pensions62€2.3m€2.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.4m€5.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€60,321-€675▲
Other operating charges640/8€203,273€219,487▲
Non-recurring operating charges66A€16,037€5,832▼
Operating profit (loss)9901€2.2m€10.4m▲
Financial income75/76B€1.1m€1.7m▲
Recurring financial income75€1.1m€1.7m▲
Income from financial fixed assets750-€1.0m
Income from current assets751€958,354€570,463▼
Other financial income752/9€114,635€134,474▲
Financial charges65/66B€1.0m€1.6m▲
Recurring financial charges65€1.0m€1.6m▲
Debt charges650€940,309€1.5m▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€12,910€0▼
Other financial charges652/9€83,460€82,566▼
Profit (loss) for the period before taxes9903€2.2m€10.5m▲
Transfer from deferred taxes780€13,489€13,489=
Transfer to deferred taxes680€0-
Income taxes67/77€515,294€1.9m▲
Taxes670/3€517,601€2.0m▲
Tax adjustments and reversals of tax provisions77€2,308€17,685▲
Profit (loss) for the period9904€1.7m€8.6m▲
Transfer from tax-exempt reserves789€40,467€40,467=
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€1.7m€8.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.7m€8.6m▲
Transfer from equity791/2€300,000€0▼
From reserves792€300,000€0▼
Transfer to equity691/2€1.7m€8.6m▲
To other reserves6921€1.7m€8.6m▲
Profit to be distributed694/7€300,000€0▼
Return on contributions (dividend)694€300,000€0▼
Social balance
Average headcount (FTE)908726.732.7▲

The notes to these accounts (118 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€90.1m€187.5m€163.8m€238.1m▲ 45.4%
Turnover70€43.0m€87.4m€177.8m€162.7m€233.4m▲ 43.5%
Change in stocks of work in progress, finished goods and contracts in progress71-€1.2m€6.2m-€1.8m€2.1m▲ 218%
Other operating income74-€1.5m€2.4m€2.5m€2.6m▲ 0.9%
Non-recurring operating income76A-€66,987€1.1m€333,008€37,678▼ 88.7%
Operating charges60/66A-€83.6m€179.7m€161.6m€227.7m▲ 40.9%
Goods for resale, raw materials and consumables60-€65.0m€146.2m€128.1m€183.1m▲ 42.9%
Purchases600/8-€65.3m€148.8m€126.5m€184.6m▲ 46.0%
Change in stocks: decrease (increase)609--€316,779-€2.5m€1.6m-€1.6m▼ 196%
Services and other goods61-€14.8m€28.2m€27.7m€36.5m▲ 31.7%
Remuneration, social security and pensions62-€2.3m€3.1m€2.3m€2.7m▲ 18.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.0m€1.4m€2.1m€3.4m€5.3m▲ 54.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10,912€49,205-€60,321-€675▲ 98.9%
Other operating charges640/8-€72,136€110,746€203,273€219,487▲ 8.0%
Non-recurring operating charges66A-€5,126€5,244€16,037€5,832▼ 63.6%
Operating profit (loss)9901€3.6m€6.6m€7.7m€2.2m€10.4m▲ 382%
Financial income75/76B-€204,152€283,083€1.1m€1.7m▲ 60.5%
Recurring financial income75€132,008€204,152€283,083€1.1m€1.7m▲ 60.5%
Income from financial fixed assets750----€1.0m-
Income from current assets751-€202,933€279,884€958,354€570,463▼ 40.5%
Other financial income752/9-€1,219€3,200€114,635€134,474▲ 17.3%
Financial charges65/66B-€177,933€324,323€1.0m€1.6m▲ 55.5%
Recurring financial charges65€88,835€177,933€324,323€1.0m€1.6m▲ 55.5%
Debt charges650€73,630€149,610€257,124€940,309€1.5m▲ 62.7%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651---€12,910€0▼ 100%
Other financial charges652/9-€28,323€67,199€83,460€82,566▼ 1.1%
Non-recurring financial charges66B-€0----
Profit (loss) for the period before taxes9903€3.6m€6.6m€7.7m€2.2m€10.5m▲ 379%
Transfer from deferred taxes780--€5,349€13,489€13,489=
Transfer to deferred taxes680--€269,780€0--
Income taxes67/77€830,121€1.3m€637,584€515,294€1.9m▲ 278%
Taxes670/3-€1.4m€637,584€517,601€2.0m▲ 280%
Tax adjustments and reversals of tax provisions77-€1,643€0€2,308€17,685▲ 666%
Profit (loss) for the period9904€2.8m€5.2m€6.8m€1.7m€8.6m▲ 407%
Transfer from tax-exempt reserves789-€1.0m€16,047€40,467€40,467=
Transfer to tax-exempt reserves689-€1.7m€809,340€0--
Profit (loss) for the period to be appropriated9905€3.7m€4.6m€6.0m€1.7m€8.6m▲ 398%
Line20202021202220232024Change
Assets
Total assets20/58€17.9m€39.7m€73.9m€87.6m€111.1m▲ 26.8%
Fixed assets21/28€4.7m€10.4m€28.4m€54.6m€70.2m▲ 28.5%
Intangible fixed assets21€2.5m€2.3m€2.0m€1.8m€9.2m▲ 421%
Tangible fixed assets22/27€2.2m€8.0m€16.3m€27.8m€30.4m▲ 9.5%
Land and buildings22-€145,290€172,260€168,814€165,367▼ 2.0%
Plant, machinery and equipment23-€1.8m€3.6m€4.3m€6.3m▲ 45.9%
Furniture and vehicles24-€490,636€1.6m€1.6m€1.3m▼ 19.5%
Leasing and similar rights25-€4.3m€4.4m€10.2m€10.5m▲ 2.5%
Other tangible fixed assets26-€482,308€2.9m€10.3m€10.5m▲ 2.1%
Assets under construction and advance payments27-€819,724€3.6m€1.2m€1.7m▲ 38.8%
Financial fixed assets28€28,284€28,384€10.1m€25.1m€30.6m▲ 21.9%
Affiliated companies280/1--€10.0m€25.0m€30.5m▲ 22.0%
Amounts receivable281--€10.0m€25.0m€30.5m▲ 22.0%
Other financial fixed assets284/8-€28,384€66,600€81,589€81,508▼ 0.1%
Amounts receivable and cash guarantees285/8-€28,384€66,600€81,589€81,508▼ 0.1%
Current assets29/58€13.1m€29.3m€45.5m€32.9m€40.8m▲ 24.0%
Amounts receivable after more than one year29-€60,850€27,730€0--
Other amounts receivable291-€60,850€27,730€0--
Stocks and contracts in progress3€777,589€2.2m€10.9m€7.5m€11.2m▲ 48.6%
Stocks30/36-€2.2m€10.9m€7.5m€11.2m▲ 48.6%
Raw materials and consumables30/31-€91,026€1.3m€509,299€1.9m▲ 277%
Finished goods33-€1.6m€7.8m€6.0m€8.1m▲ 35.0%
Goods purchased for resale34-€522,118€1.9m€1.0m€1.2m▲ 14.5%
Amounts receivable within one year40/41€9.1m€24.5m€31.6m€21.7m€22.1m▲ 1.7%
Trade receivables40-€9.8m€20.8m€9.0m€14.3m▲ 58.6%
Other amounts receivable41-€14.7m€10.8m€12.7m€7.8m▼ 38.4%
Cash at bank and in hand54/58€1.8m€2.3m€2.2m€2.6m€5.1m▲ 94.3%
Deferred charges and accrued income490/1-€246,692€717,778€1.0m€2.4m▲ 133%
Equity and liabilities
Total equity and liabilities10/49€17.9m€39.7m€73.9m€87.6m€111.1m▲ 26.8%
Equity10/15€7.8m€11.1m€17.9m€19.2m€27.8m▲ 44.5%
Contributions10/11€919,000€919,000€919,000€919,000€919,000=
Capital10-€919,000€919,000€919,000€919,000=
Issued capital100-€919,000€919,000€919,000€919,000=
Reserves13€6.9m€10.1m€16.9m€18.3m€26.9m▲ 46.8%
Non-distributable reserves130/1-€91,900€91,900€91,900€91,900=
Legal reserve130-€91,900€91,900€91,900€91,900=
Tax-exempt reserves132-€3.8m€4.6m€4.6m€4.5m▼ 0.9%
Distributable reserves133-€6.2m€12.2m€13.7m€22.3m▲ 63.0%
Provisions and deferred taxes16--€264,431€250,942€237,453▼ 5.4%
Deferred taxes168--€264,431€250,942€237,453▼ 5.4%
Amounts payable17/49€10.0m€28.6m€55.8m€68.1m€83.0m▲ 21.9%
Amounts payable after more than one year17€321,010€4.1m€7.2m€29.5m€37.5m▲ 27.1%
Financial debts170/4-€4.1m€7.2m€23.6m€30.8m▲ 30.5%
Leasing and similar obligations172-€3.9m€4.0m€8.8m€8.9m▲ 0.1%
Credit institutions173-€192,420€3.2m€9.4m€16.6m▲ 76.1%
Other loans174---€5.3m€5.3m=
Advances received on contracts in progress176---€5.9m€6.5m▲ 9.7%
Other amounts payable178/9----€232,500-
Amounts payable within one year42/48€9.7m€24.3m€48.4m€38.3m€45.2m▲ 18.0%
Current portion of amounts payable after more than one year42-€510,726€809,149€3.4m€4.1m▲ 20.9%
Financial debts43-€140,301€11.2m€360,968€472,916▲ 31.0%
Credit institutions430/8-€140,301€11.2m€360,968€472,916▲ 31.0%
Trade debts44€5.3m€18.1m€30.3m€32.0m€35.7m▲ 11.4%
Suppliers440/4-€18.1m€30.3m€32.0m€35.7m▲ 11.4%
Advances received on contracts in progress46--€3.6m€1.3m€1.7m▲ 28.7%
Taxes, remuneration and social security45-€213,752€373,155€335,670€504,606▲ 50.3%
Taxes450/3-€1,714€6,480€132,687€228,483▲ 72.2%
Remuneration and social security454/9-€212,038€366,675€202,983€276,123▲ 36.0%
Other amounts payable47/48-€5.3m€2.2m€864,150€2.7m▲ 216%
Accrued charges and deferred income492/3-€245,913€194,788€233,739€258,920▲ 10.8%
Line20202021202220232024Change
Profit (loss) for the period9904€2.8m€5.2m€6.8m€1.7m€8.6m▲ 407%
+ Depreciation and write-downs630€1.0m€1.4m€2.1m€3.4m€5.3m▲ 54.9%
Operating cash flow (approximation)€3.8m€6.7m€8.9m€5.1m€13.8m▲ 172%
Investment in fixed assets (approximation)--€7.1m-€20.1m-€29.6m-€20.9m▲ 29.5%
Change in cash-€411,236-€41,829€395,521€2.5m▲ 522%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €8.6m ▲407%
Operating result €10.4m, net result €8.6m, both a record.
31-12
Financial Equity above €25mEq €27.8m ▲44.5%
7 profitable years in a row build equity to €27.8m.
25-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 86 days late
16-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 169 days late
2022
04-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 96 days late
2021
31-12
Financial Equity above €10mEq €11.1m ▲41.2%
4 profitable years in a row build equity to €11.1m.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts

We know of 20 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
20 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 6 establishment units since 1998
seat establishment All 6 establishment units on the map
Ground area
2.0 ha
Building footprint
5,264 m²
Volume, LiDAR
25,208 m³
6 parcels, Flanders, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
6 establishment units
QUATRA
Hoekstraat 165, 9160 LokerenAir transport
since 19982.087.476.424
Dreefvelden 25, 2860 Sint-Katelijne-Waver
Waste collection, recovery and disposal activities
since 20252.372.935.447
Industrielaan 26, 1740 Ternat
Waste collection, recovery and disposal activities
since 20252.372.935.546
Begoniastraat 30, 9810 Nazareth-De Pinte
Waste collection, recovery and disposal activities
since 20252.372.935.645
Rue de la Spinette, Boig. 35, 5140 Sombreffe
Waste collection, recovery and disposal activities
since 20252.375.818.921
Ambachtslaan 5210, 3800 Sint-Truiden
Waste collection, recovery and disposal activities
since 20262.391.509.660
6 parcels
Flanders 5 (83.3%) Wallonia 1 (16.7%)
Parcel (capakey) Region Area Buildings Height / fl.
46007D0011/00A000 Flanders 5,900 m² - -
44018A0146/00N000 Flanders 3,703 m² 1 · 2,129 m² 11.2 m · 3 fl.
12035B0779/00A000 Flanders 2,712 m² 1 · 989 m² 0.3 m
71352D0914/00D004 Flanders 2,624 m² 1 · 109 m² 3.2 m · 1 fl.
92313D0113/00X002 Wallonia 2,500 m² 1 · 719 m² -
23086B0354/00Y002 Flanders 2,465 m² 1 · 1,318 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group Quatra International 8 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Quatra International 100%
  2. QUATRA

Highest known parent: Quatra International. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 · 2 entries · 97,684 EUR awarded
Year Entries awardedpaid
2022 2 97,684 EUR0 EUR
Schemes
1 entry · 54,000 EUR · Departement Mobiliteit en Openbare Werken
1 entry · 43,684 EUR · Vlaams Energie- en Klimaatagentschap

European Union, budget

2021 · 4 entries · 563,872 EUR in total
Year Entries awarded
2021 4 563,872 EUR
Projects
STARGATE - SUSTAINABLE AIRPORTS, THE GREEN HEART OF EUROPE
Horizon Europe · 01-11-2021 to 31-10-2026 · 563,872 EUR

European research

1 project · 563,869 EUR EU contribution
Programmes
1 entry · 563,869 EUR
Projects
SusTainable AiRports, the Green heArT of Europe
Horizon 2020 · participant · 01-11-2021 to 31-10-2026 · 563,869 EUR · STARGATE

Recognitions · licences · registrations

Food safety, FASFC

4 sites
Lokeren2.087.476.424
3 permissions
Toelating · Fabrikant van vetten en oliën food · since 31-01-2024
Toelating · Verpakker levensmiddelen · since 31-01-2024
Groothandelaar LM>3 maand · since 05-07-2016
Nazareth-De Pinte2.372.935.645
1 permission
Opslag kamer t° levensmiddelen · since 23-10-2025
Sint-Katelijne-Waver2.372.935.447
1 permission
Opslag kamer t° levensmiddelen · since 23-10-2025
Ternat2.372.935.546
1 permission
Opslag kamer t° levensmiddelen · since 30-09-2025

Legal Entity Identifier

699400HKLIRIGEAFUJ48
live in the LEI register

Similar companies · same sector, comparable size

Of 69 companies in sector 46332 we hold annual accounts for 28. 2 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-06-1998
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
46332Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0463636640
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.