Quinor Construct
Annual accounts 2025
abbreviated format, filed on 20-10-2026, 81 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €80,000. Estimated: probably between €43,000 and €200,000.
Balance sheet
balance sheet total €264,086 on 31-12-2025in euro
in euro
Position in the sector
64.7%
Higher than 76% of 11,299 companies in 2025.
2.66
Higher than 75% of 10,851 companies in 2025.
-11.3%
Higher than 8% of 11,184 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half
Staff
€24,104
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 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
264,086 | 533,080 | 499,897 | 312,305 | 178,345 | 112,179 | |
21/28 |
46,171 | 53,213 | 28,553 | 32,932 | 26,295 | 34,699 | |
21 |
809 | 1,058 | 304 | 679 | 1,054 | 1,429 | |
22/27 |
42,362 | 49,155 | 25,249 | 29,252 | 22,241 | 29,619 | |
23 |
3,789 | 6,789 | 9,789 | 14,171 | 4,475 | 6,936 | |
24 |
5,771 | 6,434 | 6,842 | 1,665 | 2,265 | 2,865 | |
25 |
27,388 | 35,932 | 8,617 | 13,417 | 15,500 | - | |
26 |
5,414 | - | - | - | - | - | |
28 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,650 | |
29/58 |
217,915 | 479,867 | 471,344 | 279,373 | 152,050 | 77,480 | |
3 |
2,529 | 46,702 | 19,273 | 80,525 | 50,600 | 29,227 | |
30/36 |
2,529 | 46,702 | 19,273 | 80,525 | 50,600 | 29,227 | |
40/41 |
147,890 | 301,631 | 304,667 | 136,864 | 64,311 | 22,361 | |
40 |
107,505 | 232,962 | 270,223 | 136,613 | 64,263 | 15,243 | |
41 |
40,384 | 68,669 | 34,443 | 251 | 48 | 7,118 | |
54/58 |
61,358 | 122,872 | 141,035 | 58,871 | 34,917 | 24,847 | |
490/1 |
6,138 | 8,662 | 6,369 | 3,113 | 2,223 | 1,045 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
264,086 | 533,080 | 499,897 | 312,305 | 178,345 | 112,179 | |
10/15 |
170,939 | 200,909 | 246,269 | 127,795 | 81,064 | 32,726 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
160,939 | 190,909 | 236,269 | 117,795 | 71,064 | 22,726 | |
133 |
160,939 | 190,909 | 236,269 | 117,795 | 71,064 | 22,726 | |
14 |
0 | - | - | - | - | - | |
17/49 |
93,147 | 332,171 | 253,627 | 184,510 | 97,281 | 79,452 | |
17 |
9,210 | 15,658 | - | 2,912 | 9,426 | 11,816 | |
170/4 |
9,210 | 15,658 | - | 2,912 | 9,426 | 11,816 | |
42/48 |
81,816 | 289,275 | 195,646 | 124,656 | 63,393 | 42,232 | |
42 |
6,447 | 6,078 | 2,912 | 6,515 | 6,326 | 4,330 | |
43 |
10,000 | 40,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
430/8 |
10,000 | 40,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
44 |
37,187 | 128,417 | 118,653 | 85,755 | 30,833 | 17,490 | |
440/4 |
37,187 | 128,417 | 118,653 | 85,755 | 30,833 | 17,490 | |
46 |
- | - | - | - | 4,271 | - | |
45 |
26,092 | 39,780 | 59,082 | 16,985 | 5,950 | 4,378 | |
450/3 |
13,876 | 34,419 | 59,082 | 16,985 | 5,950 | 4,378 | |
454/9 |
12,216 | 5,361 | - | - | - | - | |
47/48 |
2,090 | 75,000 | - | 401 | 1,014 | 1,034 | |
492/3 |
2,120 | 27,239 | 57,981 | 56,942 | 24,462 | 25,405 | |
| Income statement | |||||||
76A |
- | 5,652 | 7,087 | 772 | - | - | |
9900 |
20,764 | 75,342 | 223,327 | 85,338 | 77,959 | 33,595 | |
62 |
24,104 | 30,083 | 26,046 | - | - | - | |
630 |
15,710 | 11,884 | 10,208 | 8,525 | 7,754 | 2,797 | |
640/8 |
2,475 | 3,746 | 2,003 | 5,524 | 710 | 336 | |
9901 |
-21,525 | 29,630 | 185,069 | 71,289 | 69,495 | 30,462 | |
75/76B |
1,571 | 3,037 | 928 | 246 | - | 484 | |
75 |
1,571 | 3,037 | 928 | 246 | - | 484 | |
65/66B |
9,064 | 8,905 | 7,026 | 2,741 | 1,479 | 290 | |
65 |
9,064 | 8,905 | 7,026 | 2,741 | 1,479 | 290 | |
9903 |
-29,018 | 23,762 | 178,972 | 68,794 | 68,016 | 30,656 | |
67/77 |
952 | -5,878 | 60,497 | 22,063 | 19,679 | 7,930 | |
9904 |
-29,970 | 29,640 | 118,475 | 46,731 | 48,337 | 22,726 | |
9905 |
-29,970 | 29,640 | 118,475 | 46,731 | 48,337 | 22,726 | |
| Appropriation of the result | |||||||
9906 |
-29,970 | 29,640 | 118,475 | 46,731 | 48,337 | 22,726 | |
791/2 |
29,970 | 75,000 | - | - | - | - | |
691/2 |
0 | 29,640 | 118,475 | 46,731 | 48,337 | 22,726 | |
6921 |
0 | 29,640 | 118,475 | 46,731 | 48,337 | 22,726 | |
694/7 |
0 | 75,000 | - | - | - | - | |
694 |
0 | 75,000 | - | - | - | - | |
| Social balance sheet | |||||||
9087 |
1 | 1 | 1 | - | - | - | |
Hours worked1013 |
885 | 955 | 1,150 | - | - | - | |
| Document | |||||||
The notes to these accounts have 17 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 20-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 81 days after the deadline. Filed on 20 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00564167.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 20-10-2026 | 2026-00564167 | |
| 31-12-2024 | micro format | 16-09-2025 | 2025-00494079 | |
| 31-12-2023 | micro format | 14-10-2024 | 2024-00507683 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00405162 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20379994 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44400522 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -5,815 | 41,513 | 195,277 | 79,813 | 77,249 | 33,259 | ||
| -14,260 | 41,523 | 128,683 | 55,256 | 56,091 | 25,523 | ||
| 8,669 | 46,420 | 8,742 | 18,889 | -650 | 37,495 | ||
| -61,515 | -18,163 | 82,165 | 23,954 | 10,070 | - | ||
| 136,098 | 190,593 | 275,698 | 154,717 | 88,657 | 35,248 | ||
| 64.7% | 37.7% | 49.3% | 40.9% | 45.5% | 29.2% | ||
| 2.66 | 1.66 | 2.41 | 2.24 | 2.40 | 1.83 | ||
| 2.63 | 1.50 | 2.31 | 1.60 | 1.60 | 1.14 | ||
| 0.54 | 1.65 | 1.03 | 1.44 | 1.20 | 2.43 | ||
| -17.5% | 14.8% | 48.1% | 36.6% | 59.6% | 69.4% | ||
| -11.3% | 5.6% | 23.7% | 15.0% | 27.1% | 20.3% | ||
| -0.64 | 4.66 | 27.80 | 29.12 | 52.21 | - |
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 | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | - |
| full-time | 0 | - | - |
| part-time | 1 | 1 | - |
| in full-time equivalents | 0.7 | 0.7 | - |
| 0.7 | 0.7 | 0.7 | |
| On a permanent contract | 1 | 1 | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Pledge on other assets, amount secured | €21,735 | €21,735 | - | - | - |
| Carrying value of the other pledged assets | €27,388 | €32,746 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,669 | €45,175 | €8,742 | €18,889 | - |
| Intangible fixed assets | - | €1,245 | - | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €15,710 | €11,884 | €10,208 | €8,525 | €7,754 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Quinor Construct
The operating result for 2025 is a loss of €21,525, after a profit of €29,630 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total falls from 62.3% to 35.3%. Equity and debt are lower.