KWADRAAT
ActiveSummary
KWADRAAT has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.1m and a net result of €889,646. Equity has been growing by about 6.1% per year since 2018. Its solvency ranks better than 78% of 5,795 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 27-10-1995 Normal situation
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.073.932.452 3360 Bierbeek, since 17-11-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 21-01-2025
Board and ownership
- Chris HolemansManaging director
- Kurt HolemansDirector
- Vancalster GuntherDirector
- Holdings
- Shares in 2 companies LIEZA and CONDES
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €29.9m
- ▼ 3.7%
- Profit
- €889,646
- ▼ 27.0%
- Equity
- €28.1m
- ▲ 3.3%
- Total assets
- €36.6m
- ▲ 1.0%
- Employees on 31-12-2025
- 16
- ▼ 5.9%
Score breakdownraises riskLiquidity: current ratio 3.77, cash €216,105lowers riskFounded in 1995Equity €28.1m (76.9% of total assets)Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 92% of them on solvency, 37% on liquidity, 59% on profitability and 41% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by total assets in Bierbeek, Real estate sectorin the Checked rankings No. 1 View
- Positive: 8 profitable years in a rowprofit 2025: €889,646 8 years View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
- Caution: Result fell in 2025from €1.2m to €889,646 ▼ 27.0% View
Recent changes
- · Gazette deed Reappointments: Chris Holemans, Kurt Holemans and Gunther Vercalsteren
- · Gazette deed Amendment of the articles
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as KWADRAAT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €35m and €67m, founded between 1990 and 2008.
| Company | Total assets | Turnover |
|---|---|---|
| KWADRAAT Bierbeek | €36.6m | €29.9m |
| KOLMONT WOONPROJECTEN Brussel | €35.2m | €17.9m |
| evillas Sint-Pieters-Leeuw | €42.3m | €30.4m |
| Versluys Bouwgroep Oostende | €54.9m | €25.4m |
| D³ PROJECTS Brugge | €37.2m | €19.1m |
| CIRIL Hasselt | €57.5m | €22.0m |
| IMMOBEL Project Management Brussel | €66.5m | €11.1m |
Key facts about KWADRAAT
- What is the company number of KWADRAAT?
- The company number of KWADRAAT is 0456.406.972. The VAT number is the same number with BE in front: BE 0456.406.972.
- Where is KWADRAAT based?
- The registered office is at Culostraat(OPV) 44, 3360 Bierbeek.Company details
- What does KWADRAAT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of KWADRAAT?
- The legal form of KWADRAAT is Public limited company (NV).
- When was KWADRAAT founded?
- KWADRAAT was founded on 27-10-1995.
- Is KWADRAAT still active?
- Yes, KWADRAAT is an active enterprise in the KBO register.
- How many employees does KWADRAAT have?
- KWADRAAT had an average of 12.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KWADRAAT?
- The turnover of KWADRAAT was €29.9m in financial year 2025, according to the filed annual accounts.
- Is KWADRAAT profitable?
- In financial year 2025, KWADRAAT made a profit of €889,646.
- Where can I find the annual accounts of KWADRAAT?
- KWADRAAT filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KWADRAAT due?
- KWADRAAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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