QUEST4
Annual accounts 2025
micro format, filed on 30-06-2026, 31 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 ≈ €79,000. Estimated: probably between €47,000 and €180,000.
Balance sheet
balance sheet total €62,238 on 31-12-2025in euro
in euro
Position in the sector
-9.1%
Higher than 15% of 1,983 companies in 2025.
0.50
Higher than 13% of 1,878 companies in 2025.
15.0%
Higher than 70% of 1,900 companies in 2025.
Net result: middle half · Equity: bottom quarter · 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 | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
62,238 | 52,859 | 59,109 | 75,042 | 84,827 | 68,029 | 83,076 | 74,712 | 58,058 | 84,260 | 125,210 | 149,101 | 84,256 | 60,114 | 86,643 | 109,353 | 97,642 | 102,988 | 117,903 | 94,136 | |
21/28 |
27,989 | 35,612 | 13,371 | 24,974 | 20,617 | 13,610 | 11,901 | 13,830 | 29,647 | 39,228 | 45,470 | 64,233 | 19,509 | 26,348 | 18,845 | 21,045 | 33,093 | 40,097 | 49,895 | 25,679 | |
22/27 |
27,524 | 35,147 | 12,906 | 16,509 | 12,152 | 5,610 | 3,901 | 5,830 | 21,647 | 31,228 | 45,470 | 64,233 | 19,509 | 26,348 | 18,845 | 21,045 | 33,093 | 40,097 | 49,895 | 25,679 | |
23 |
6,027 | 5,825 | 8,168 | 8,336 | 9,987 | 3,013 | 202 | 1,093 | 2,824 | 2,491 | 2,814 | 7,626 | 14,113 | 19,951 | 11,698 | 11,299 | 16,906 | 15,302 | 17,129 | 22,114 | |
24 |
21,065 | 28,456 | 3,439 | 6,442 | - | - | - | 71 | 13,188 | 26,408 | 39,745 | 53,023 | 997 | 1,214 | 1,377 | 8,542 | 14,692 | 23,000 | 30,490 | 549 | |
26 |
433 | 866 | 1,299 | 1,732 | 2,165 | 2,598 | 3,699 | 4,667 | 5,635 | 2,329 | 2,911 | 3,584 | 4,399 | 5,183 | 5,770 | 1,205 | 1,495 | 1,794 | 2,276 | 3,016 | |
28 |
465 | 465 | 465 | 8,465 | 8,465 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | - | - | - | - | - | - | - | - | - | - | |
29/58 |
34,248 | 17,247 | 45,738 | 50,068 | 64,210 | 54,418 | 71,174 | 60,882 | 28,411 | 45,032 | 79,740 | 84,868 | 64,747 | 33,766 | 67,798 | 88,308 | 64,549 | 62,891 | 68,008 | 68,457 | |
40/41 |
4,377 | 4,725 | 28,402 | 33,590 | 9,515 | 5,559 | 31,293 | 52,449 | 12,127 | 16,632 | 30,532 | 21,368 | 4,221 | 12,747 | 8,450 | 13,672 | 14,534 | 45,659 | 52,217 | 44,706 | |
40 |
4,367 | 4,230 | 28,402 | 32,745 | 8,670 | 4,714 | 30,408 | 46,046 | 11,661 | 11,270 | 23,874 | 21,368 | 2,280 | 9,796 | 6,751 | 12,527 | 12,677 | 16,096 | 4,582 | 3,301 | |
41 |
10 | 494 | - | 845 | 845 | 845 | 885 | 6,403 | 466 | 5,362 | 6,658 | - | 1,941 | 2,951 | 1,699 | 1,145 | 1,857 | 29,563 | 47,635 | 41,405 | |
50/53 |
11,515 | - | - | 14,123 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
13,697 | 9,758 | 14,433 | - | 43,226 | 37,697 | 37,662 | 5,885 | 14,065 | 26,554 | 43,091 | 61,680 | 59,788 | 20,308 | 58,664 | 73,991 | 49,425 | 15,597 | 13,919 | 22,434 | |
490/1 |
4,660 | 2,764 | 2,903 | 2,356 | 11,470 | 11,163 | 2,219 | 2,549 | 2,218 | 1,846 | 6,117 | 1,820 | 738 | 711 | 684 | 645 | 589 | 1,635 | 1,872 | 1,317 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
62,238 | 52,859 | 59,109 | 75,042 | 84,827 | 68,029 | 83,076 | 74,712 | 58,058 | 84,260 | 125,210 | 149,101 | 84,256 | 60,114 | 86,643 | 109,353 | 97,642 | 102,988 | 117,903 | 94,136 | |
10/15 |
-5,683 | -15,015 | 15,853 | -4,021 | 28,014 | 26,666 | 23,286 | 17,303 | 17,735 | 9,471 | 23,774 | 25,368 | 38,639 | 32,573 | 62,797 | 67,851 | 60,764 | 59,135 | 71,511 | 60,089 | |
10/11 |
18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | |
100 |
- | - | - | - | - | - | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | 18,900 | |
13 |
- | - | - | 1,890 | 9,114 | 7,766 | 4,386 | 1,890 | 1,890 | 1,890 | 4,874 | 6,468 | 19,739 | 13,673 | 43,897 | 48,951 | 41,864 | 40,235 | 6,320 | 15,090 | |
130/1 |
- | - | - | 1,890 | 1,890 | 1,890 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | 1,890 | |
1311 |
- | - | - | 1,890 | 1,890 | 1,890 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,430 | 13,200 | |
133 |
- | - | - | - | 7,224 | 5,876 | 2,496 | - | - | - | 2,984 | 4,578 | 17,849 | 11,783 | 42,007 | 47,061 | 39,974 | 38,345 | - | - | |
14 |
-24,583 | -33,915 | -3,047 | -24,811 | - | - | - | -3,487 | -3,055 | -11,319 | - | - | - | - | - | - | - | - | 46,291 | 26,099 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,281 | - | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,281 | - | |
17/49 |
67,921 | 67,874 | 43,256 | 79,063 | 56,814 | 41,362 | 59,789 | 57,410 | 40,323 | 74,789 | 101,436 | 123,733 | 45,617 | 27,541 | 23,847 | 41,502 | 36,878 | 43,852 | 44,111 | 34,047 | |
17 |
- | - | - | - | - | - | - | 878 | 6,072 | 11,143 | 16,095 | 20,930 | - | - | - | 5,218 | 10,114 | 14,708 | 19,020 | 23,065 | |
170/4 |
- | - | - | - | - | - | - | 878 | 6,072 | 11,143 | 16,095 | 20,930 | - | - | - | 5,218 | 10,114 | 14,708 | 19,020 | 23,065 | |
42/48 |
67,921 | 67,874 | 43,256 | 79,063 | 56,814 | 41,362 | 59,789 | 56,532 | 34,251 | 63,646 | 85,341 | 102,803 | 45,617 | 27,541 | 23,847 | 36,285 | 26,764 | 29,144 | 25,091 | 10,982 | |
42 |
- | - | - | - | - | - | 1,287 | 6,048 | 5,933 | 5,766 | 5,233 | 4,721 | - | - | 5,218 | 4,896 | 4,594 | 4,311 | 4,046 | 3,796 | |
43 |
224 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6 | - | - | - | |
430/8 |
224 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6 | - | - | - | |
44 |
6,523 | 6,339 | 11,795 | 45,559 | 6,458 | 9,879 | 30,062 | 48,850 | 8,245 | 11,611 | 8,174 | 13,916 | 1,435 | 5,357 | 3,332 | 4,772 | 2,108 | 5,481 | 34 | 1,616 | |
440/4 |
6,523 | 6,339 | 11,795 | 45,559 | 6,458 | 9,879 | 30,062 | 48,850 | 8,245 | 11,611 | 8,174 | 13,916 | 1,435 | 5,357 | 3,332 | 4,772 | 2,108 | 5,481 | 34 | 1,616 | |
45 |
3,057 | 2,275 | 4,348 | 6,518 | 6,121 | 3,895 | 1,247 | 1,634 | 791 | 148 | 1,865 | 3,910 | 3,850 | 1,905 | 2,763 | 9,121 | 6,258 | 13,364 | 17,011 | 4,070 | |
450/3 |
3,057 | 2,275 | 4,348 | 6,518 | 6,121 | 3,895 | 1,247 | 1,634 | 791 | 148 | 1,865 | 3,910 | 3,850 | 1,905 | 2,763 | 9,121 | 6,258 | 13,364 | 17,011 | 4,070 | |
47/48 |
58,117 | 59,261 | 27,113 | 26,986 | 44,235 | 27,588 | 27,193 | - | 19,282 | 46,121 | 70,069 | 80,256 | 40,332 | 20,279 | 12,534 | 17,496 | 13,799 | 5,988 | 4,000 | 1,500 | |
| Income statement | |||||||||||||||||||||
76A |
- | 15,385 | - | - | - | - | - | - | - | - | - | 6,007 | - | - | - | - | - | 407 | 6,712 | - | |
9900 |
23,810 | 13,475 | 32,518 | -22,459 | 8,082 | 9,092 | 11,883 | 19,423 | 27,186 | 6,158 | 20,048 | 5,934 | 17,000 | -21,061 | 13,055 | 27,371 | 23,657 | 4,652 | 35,338 | 38,250 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | 396 | - | - | - | - | - | - | - | |
630 |
10,657 | 12,517 | 5,991 | 6,000 | 2,444 | 2,245 | 1,929 | 15,817 | 15,975 | 17,777 | 18,763 | 20,580 | 8,507 | 7,296 | 16,662 | 15,427 | 19,143 | 16,620 | 15,284 | 11,680 | |
640/8 |
2,615 | 4,291 | 2,244 | 2,534 | 1,793 | 1,725 | 2,154 | 1,918 | 1,463 | 1,613 | 1,737 | 3,833 | 2,157 | 1,755 | 1,415 | 1,440 | 1,555 | 1,418 | 1,911 | 958 | |
66A |
- | 24,845 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 200 | - | - | |
9901 |
10,539 | -28,178 | 24,283 | -30,993 | 3,844 | 5,122 | 7,800 | 1,688 | 9,749 | -13,231 | -452 | -18,479 | 5,940 | -30,111 | -5,022 | 10,504 | 2,959 | -13,386 | 18,142 | 25,612 | |
75/76B |
41 | 138 | 14 | 0 | 5 | 417 | 5 | 447 | 179 | 1 | 566 | 544 | 649 | 524 | 1,210 | 314 | 19 | 125 | 4,377 | 123 | |
75 |
41 | 138 | 14 | 0 | 5 | 417 | 5 | 447 | 179 | 1 | 566 | 544 | 649 | 524 | 1,210 | 314 | 19 | 125 | 4,377 | 123 | |
65/66B |
412 | 2,031 | 2,945 | 518 | 542 | 1,061 | 1,011 | 772 | 1,000 | 925 | 1,396 | 1,186 | 460 | 532 | 891 | 1,094 | 1,350 | 1,606 | 1,876 | 2,072 | |
65 |
412 | 2,031 | 2,945 | 518 | 542 | 1,061 | 1,011 | 772 | 1,000 | 925 | 1,396 | 1,186 | 460 | 532 | 891 | 1,094 | 1,350 | 1,606 | 1,876 | 2,072 | |
9903 |
10,167 | -30,072 | 21,353 | -31,511 | 3,308 | 4,478 | 6,794 | 1,363 | 8,929 | -14,155 | -1,282 | -13,114 | 6,129 | -30,119 | -4,702 | 9,724 | 1,628 | -14,660 | 27,356 | 23,663 | |
67/77 |
835 | 797 | 1,478 | 524 | 1,961 | 1,098 | 810 | 1,795 | 664 | 148 | 312 | 157 | 63 | 104 | 352 | 2,637 | - | -3 | 12,409 | 2,579 | |
9904 |
9,332 | -30,868 | 19,875 | -32,035 | 1,347 | 3,380 | 5,984 | -432 | 8,264 | -14,303 | -1,594 | -13,271 | 6,066 | -30,224 | -5,054 | 7,087 | 1,628 | -12,375 | 12,665 | 21,084 | |
789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,430 | 9,900 | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,430 | 13,200 | |
9905 |
9,332 | -30,868 | 19,875 | -32,035 | 1,347 | 3,380 | 5,984 | -432 | 8,264 | -14,303 | -1,594 | -13,271 | 6,066 | -30,224 | -5,054 | 7,087 | 1,628 | -7,945 | 18,135 | 7,884 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-24,583 | -33,915 | -4,937 | -32,035 | 1,347 | 3,380 | 2,496 | -3,487 | -3,055 | -14,303 | -1,594 | -13,271 | 6,066 | -30,224 | -5,054 | 7,087 | 1,628 | 38,345 | 46,291 | 26,945 | |
14P |
-33,915 | -3,047 | -24,811 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 1,890 | 7,224 | - | - | - | - | - | 2,984 | 1,594 | 13,271 | - | 30,224 | 5,054 | - | - | - | - | - | |
691/2 |
- | - | - | - | 1,347 | 3,380 | 2,496 | - | - | - | - | - | 6,066 | - | - | 7,087 | 1,628 | 38,345 | - | 846 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,087 | 1,628 | - | - | 846 | |
6921 |
- | - | - | - | 1,347 | 3,380 | 2,496 | - | - | - | - | - | 6,066 | - | - | - | - | 38,345 | - | - | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (1990-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 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 30-06-2026.
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 | micro format | 30-06-2026 | 2026-00226639 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00177194 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00195475 | |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00128418 | |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20061906 | |
| 31-12-2020 | micro format | 07-06-2021 | 2021-17700249 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43600487 | |
| 31-12-2018 | micro format | 26-06-2019 | 2019-22900387 | |
| 31-12-2017 | micro format | 02-10-2018 | 2018-67400401 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-22500110 | |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-22400196 | |
| 31-12-2014 | abbreviated format | 03-08-2015 | 2015-39100374 | |
| 31-12-2013 | abbreviated format | 31-07-2014 | 2014-38700447 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-53700204 | |
| 31-12-2011 | abbreviated format | 31-07-2012 | 2012-36700179 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-48200369 | |
| 31-12-2009 | abbreviated format | 30-08-2010 | 2010-48700122 | |
| 31-12-2008 | abbreviated format | 27-11-2009 | 2009-86900023 | |
| 31-12-2007 | abbreviated format | 18-08-2008 | 2008-56600244 | |
| 31-12-2006 | abbreviated format | 26-07-2007 | 2007-47500172 | |
| 31-12-2005 | abbreviated format | 30-08-2006 | 2006-73100411 | |
| 31-12-2004 | abbreviated format | 29-09-2005 | 2005-76101681 | |
| 30-11-1991 | abbreviated format | 25-05-1992 | 1992-06903825 | |
| 30-11-1990 | abbreviated format | 25-05-1992 | 1992-06903837 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21,196 | -15,661 | 30,274 | -24,993 | 6,288 | 7,367 | 9,729 | 17,505 | 25,724 | 4,546 | 18,311 | 2,101 | 14,447 | -22,816 | 11,640 | 25,931 | 22,102 | 3,234 | 33,427 | 37,292 | ||
| 19,989 | -18,351 | 25,865 | -26,035 | 3,791 | 5,625 | 7,913 | 15,384 | 24,239 | 3,473 | 17,169 | 7,309 | 14,573 | -22,928 | 11,607 | 22,514 | 20,771 | 4,244 | 27,950 | 32,764 | ||
| 3,034 | 34,758 | 2,388 | 10,357 | 9,451 | 3,954 | 0 | 0 | 6,394 | 11,535 | 0 | 65,304 | 1,669 | 14,798 | 14,461 | 3,379 | 12,139 | 6,406 | 39,499 | 8,902 | ||
| 3,938 | -4,674 | - | - | 5,529 | 34 | 31,778 | -8,181 | -12,489 | -16,537 | -18,589 | 1,892 | 39,480 | -38,356 | -15,327 | 24,566 | 33,828 | 1,678 | -8,515 | - | ||
| -33,672 | -50,627 | 2,482 | -28,995 | 7,397 | 13,056 | 11,385 | 4,350 | -5,840 | -18,614 | -5,601 | -17,935 | 19,130 | 6,226 | 43,952 | 52,023 | 37,785 | 33,747 | 42,917 | 57,475 | ||
| -9.1% | -28.4% | 26.8% | -5.4% | 33.0% | 39.2% | 28.0% | 23.2% | 30.5% | 11.2% | 19.0% | 17.0% | 45.9% | 54.2% | 72.5% | 62.0% | 62.2% | 57.4% | 60.7% | 63.8% | ||
| 0.50 | 0.25 | 1.06 | 0.63 | 1.13 | 1.32 | 1.19 | 1.08 | 0.83 | 0.71 | 0.93 | 0.83 | 1.42 | 1.23 | 2.84 | 2.43 | 2.41 | 2.16 | 2.71 | 6.23 | ||
| - | - | 2.73 | - | 2.03 | 1.55 | 2.57 | 3.32 | 2.27 | 7.90 | 4.27 | 4.88 | 1.18 | 0.85 | 0.38 | 0.61 | 0.61 | 0.74 | 0.62 | 0.57 | ||
| - | - | 125.4% | - | 4.8% | 12.7% | 25.7% | -2.5% | 46.6% | -151.0% | -6.7% | -52.3% | 15.7% | -92.8% | -8.0% | 10.4% | 2.7% | -20.9% | 17.7% | 35.1% | ||
| 15.0% | -58.4% | 33.6% | -42.7% | 1.6% | 5.0% | 7.2% | -0.6% | 14.2% | -17.0% | -1.3% | -8.9% | 7.2% | -50.3% | -5.8% | 6.5% | 1.7% | -12.0% | 10.7% | 22.4% | ||
| 51.41 | -7.71 | 10.28 | -48.27 | 11.61 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,034 | €34,758 | €2,388 | €10,357 | €8,986 |
| Financial fixed assets | - | - | - | - | €465 |
| €10,657 | €12,517 | €5,991 | €6,000 | €2,444 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on QUEST4
The operating result for 2025 is a profit of €10,539, after a loss of €28,178 in 2024.
Equity is negative. Debt (€67,921) exceeds the balance-sheet total (€62,238).