QUEEN
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €84,000. Estimated: probably between €64,000 and €180,000.
Balance sheet
balance sheet total €52,451 on 31-12-2025in euro
Position in the sector
3.2%
Higher than 10% of 37,177 companies in 2025.
0.37
Lower than 95% of 36,472 companies in 2025.
0.4%
Higher than 25% of 36,707 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
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 |
52,451 | 62,671 | 76,501 | 60,017 | |
21/28 |
33,667 | 25,341 | 28,630 | 37,883 | |
21 |
1,508 | 2,835 | 4,162 | 13,996 | |
22/27 |
30,969 | 21,316 | 23,278 | 23,887 | |
22 |
25,148 | 19,882 | 21,347 | 21,459 | |
23 |
1,353 | 829 | 1,120 | 1,410 | |
24 |
4,468 | 606 | 812 | 1,019 | |
28 |
1,190 | 1,190 | 1,190 | - | |
29/58 |
18,784 | 37,330 | 47,871 | 22,134 | |
40/41 |
16,759 | 37,330 | 47,871 | 22,003 | |
40 |
12,788 | 33,120 | 46,348 | 14,887 | |
41 |
3,971 | 4,210 | 1,523 | 7,116 | |
54/58 |
2,025 | - | - | - | |
490/1 |
- | - | - | 131 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
52,451 | 62,671 | 76,501 | 60,017 | |
10/15 |
1,682 | 1,494 | -561 | 3,419 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
13 |
4,474 | 4,474 | 2,419 | 2,419 | |
133 |
4,474 | 4,474 | 2,419 | 2,419 | |
14 |
-3,791 | -3,980 | -3,980 | - | |
17/49 |
50,769 | 61,177 | 77,062 | 56,598 | |
42/48 |
50,769 | 61,177 | 77,062 | 56,598 | |
43 |
8,800 | 8,800 | 18,929 | 2,738 | |
430/8 |
8,800 | 8,800 | 18,929 | 2,738 | |
44 |
10,364 | 17,468 | 25,894 | 38,432 | |
440/4 |
10,364 | 17,468 | 25,894 | 38,432 | |
45 |
4,008 | 5,528 | 473 | 4,915 | |
450/3 |
4,008 | 4,067 | 473 | 2,261 | |
454/9 |
- | 1,461 | - | 2,654 | |
47/48 |
27,597 | 29,381 | 31,766 | 10,513 | |
| Income statement | |||||
76A |
- | - | 2,353 | - | |
9900 |
10,079 | 21,291 | 54,072 | 48,217 | |
62 |
- | 9,196 | 50,739 | 37,030 | |
630 |
5,635 | 3,289 | 3,283 | 3,599 | |
640/8 |
1,157 | 1,567 | 2,236 | 2,209 | |
9901 |
3,287 | 7,238 | -2,187 | 5,379 | |
75/76B |
0 | 3 | 5 | 0 | |
75 |
0 | 3 | 5 | 0 | |
65/66B |
1,707 | 2,513 | 1,388 | 699 | |
65 |
1,707 | 2,513 | 1,388 | 699 | |
9903 |
1,580 | 4,728 | -3,569 | 4,680 | |
67/77 |
1,392 | 2,674 | 410 | 2,261 | |
9904 |
188 | 2,055 | -3,980 | 2,419 | |
9905 |
188 | 2,055 | -3,980 | 2,419 | |
| Appropriation of the result | |||||
9906 |
-3,791 | -1,925 | -3,980 | 2,419 | |
14P |
-3,980 | -3,980 | - | - | |
691/2 |
- | 2,055 | - | 2,419 | |
6921 |
- | 2,055 | - | 2,419 | |
| Social balance sheet | |||||
9087 |
- | 0.2 | 1.3 | 0.7 | |
Hours worked1013 |
- | 280 | 1,624 | - | |
| Document | |||||
The notes to these accounts have 9 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 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022, 1 entry, €757 awarded, €757 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 8,922 | 10,527 | 1,096 | 8,978 | ||
| 5,824 | 5,344 | -697 | 6,018 | ||
| 13,961 | 0 | 2,537 | 41,482 | ||
| -31,985 | -23,848 | -29,191 | -34,464 | ||
| 3.2% | 2.4% | -0.7% | 5.7% | ||
| 0.37 | 0.61 | 0.62 | 0.39 | ||
| 30.18 | 40.96 | - | 16.55 | ||
| 11.2% | 137.6% | - | 70.8% | ||
| 0.4% | 3.3% | -5.2% | 4.0% | ||
| 5.23 | 4.19 | 0.79 | 12.85 |
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 2 | 1 |
| full-time | - | 2 | 1 |
| in full-time equivalents | - | 2 | 1 |
| 0.2 | 1.3 | 0.7 | |
| On a permanent contract | - | 2 | 1 |
| Joined | 0 | 1 | 1 |
| Left | 2 | 1 | 0 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €13,961 | - | €1,347 | €23,988 |
| Intangible fixed assets | - | - | - | €17,495 |
| Financial fixed assets | - | - | €1,190 | - |
| €5,635 | €3,289 | €3,283 | €3,599 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on QUEEN
The operating result for 2025 is 55% lower than in 2024.
Debt's share of the balance-sheet total falls from 97.6% to 96.8%. Equity is higher and debt is lower.