KWADRANT IMMO
ActiveKWADRANT IMMO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €357k and a net result of €79k. Equity is growing by ~11.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+1
Solvency60▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.83 in 2023; short-term debt: 14.4% and cash: 14.7% of total assets), and 64.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
36 d early
2022
31 d early
2021
34 d early
2020
36 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€357k▲ 11.9%
2023 · €319k
2018: €144k
2019: €200k
2020: €257k
2021: €320k
2022: €384k
2023: €319k
2018 → 2024
Total assets
€1.01M▼ 2.4%
2023 · €1.03M
2018: €1.28M
2019: €1.24M
2020: €1.22M
2021: €1.17M
2022: €1.14M
2023: €1.03M
2018 → 2024
Net result
€79k▲ 7.4%
2023 · €74k
2018: €3k
2019: €56k
2020: €57k
2021: €62k
2022: €64k
2023: €74k
2018 → 2024
Working capital
€3k
2023 · €-23k
2018: €-46k
2019: €-31k
2020: €-18k
2021: €7k
2022: €59k
2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€257k-€320k▲ 24.1%€384k▲ 20.1%€319k▼ 16.9%€357k▲ 11.9%
Operating result€93k-€98k▲ 5.8%€99k▲ 0.9%€115k▲ 16.0%€121k▲ 5.4%
Net result€57k-€62k▲ 8.9%€64k▲ 3.3%€74k▲ 15.0%€79k▲ 7.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€861k▼ 7.1%
Current assets
€148k▲ 38.3%
Equity and liabilities €1.01M
Equity
€357k▲ 11.9%
Debt
€652k▼ 8.8%
The debt ratio falls from 69.1% to 64.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€187k▲
2023 · €181k
Cash flow
€145k▲
2023 · €140k
Solvency
35.4%▲
2023 · 30.9%
Current ratio
1.02▲
2023 · 0.83
Quick ratio
1.02▲
2023 · 0.83
Debt / equity
1.83▼
2023 · 2.24
ROE
22.2%▼
2023 · 23.1%
ROA
7.9%▲
2023 · 7.1%
Interest coverage
17.62▲
2023 · 15.29
Debt
€652k▼
2023 · €715k
Debt ≤ 1 year
€145k▲
2023 · €129k
Debt > 1 year
€507k▼
2023 · €586k
Income taxes
€32k▲
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.03M€1.01M▼
Fixed assets21/28€927k€861k▼
Tangible fixed assets22/27€927k€861k▼
Land and buildings22€927k€861k▼
Financial fixed assets28€320€320=
Current assets29/58€107k€148k▲
Amounts receivable within one year40/41€637€0▼
Other amounts receivable41€637€0▼
Cash at bank and in hand54/58€106k€148k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.01M▼
Equity10/15€319k€357k▲
Contributions10/11€19k€19k=
Reserves13€300k€338k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€7k€7k=
Distributable reserves133€292k€332k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€715k€652k▼
Amounts payable after more than one year17€586k€507k▼
Financial debts170/4€586k€507k▼
Amounts payable within one year42/48€129k€145k▲
Current portion of amounts payable after more than one year42€77k€79k▲
Trade debts44€960€1k▲
Suppliers440/4€960€1k▲
Taxes, remuneration and social security45€0€11k▲
Taxes450/3€0€11k▲
Other amounts payable47/48€51k€54k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€66k=
Other operating charges640/8€13k€13k▲
Gross operating margin9900€194k€200k▲
Operating profit (loss)9901€115k€121k▲
Financial income75/76B€280€424▲
Recurring financial income75€280€424▲
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€103k€111k▲
Income taxes67/77€29k€32k▲
Profit (loss) for the period9904€74k€79k▲
Profit (loss) for the period to be appropriated9905€74k€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€79k▲
Transfer from equity791/2€100k€0▼
Transfer to equity691/2€35k€38k▲
To other reserves6921€35k€38k▲
Profit to be distributed694/7€139k€41k▼
Return on contributions (dividend)694€139k€41k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €79k ▲7.4%
Operating result €121k, net result €79k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €200k ▲39.1%
2 profitable years in a row build equity to €200k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2011
21-04
State Gazette act
Incorporation · Demerger
Founder · Founding capital · Holvoet, Filip
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2011
Ground area
635 m²
Building footprint
298 m²
Volume, LiDAR
3,144 m³
Parcel 11806F1209/00H006, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Kwadrant Immo
since 20112.205.789.502
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1209/00H006indicative | Flanders | 635 m² | 1 · 298 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionContributed a business line to:KWADRANT Tandartsen
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-1998
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.