BELGIAN QUALITY SHOES AND LEATHERWARE GROUP
0400.927.427 · rovalta.com · 26/09/2026
ACTIVE
BELGIAN QUALITY SHOES AND LEATHERWARE GROUP
Financial year 2025 · Closed on 31/03/2025
Net result-24,4 k €+70,3 %over 1 year
Gross margin273,2 k €+73,7 %over 1 year
Equity848 k €-3,7 %over 1 year
Workforce5,8 ETP-4,9 %over 1 year
Overview
Identity
Source · BCE/KBOBELGIAN QUALITY SHOES AND LEATHERWARE GROUP is a Public limited company incorporated in 1947. Its registered office is in Tongeren-Borgloon. It employs on average 5,8 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0400.927.427
- Incorporation
- 23/05/1947
- Legal form
- Public limited company
- Registered office
- Prinsenweg 10
3700 Tongeren-Borgloon · FlandreSee on map - Contributed capital
- 446 208,34 €
- Latest accounts
- 31/03/2025
- Average workforce
- 5,8 ETP
Joint committees (3)
- 12802
- 201
- 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 19 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 273,2 k € | +73.7% | 157,2 k € | +34.1% | 117,3 k € | -29.8% | 167 k € | +896% | -21 k € |
| EBITDA | 59,8 k € | +205% | -56,9 k € | +27.6% | -78,6 k € | -486% | -13,4 k € | +92.3% | -174,4 k € |
| Operating result | -23,7 k € | +71.5% | -82,9 k € | +23.8% | -108,8 k € | -143% | -44,9 k € | +78.3% | -207 k € |
| Net result | -24,4 k € | +70.3% | -82,2 k € | +26.1% | -111,2 k € | -149% | -44,6 k € | +78.4% | -206,5 k € |
| Balance sheet | |||||||||
| Equity | 848 k € | -3.7% | 880,2 k € | -9.3% | 970,2 k € | -10.9% | 1,1 M € | -4.6% | 1,1 M € |
| Total assets | 1,6 M € | -5.6% | 1,7 M € | -5.9% | 1,8 M € | +1.1% | 1,8 M € | -0.8% | 1,8 M € |
| Cash | 64,2 k € | -16.4% | 76,9 k € | -34.9% | 118,1 k € | +70.0% | 69,4 k € | +58.8% | 43,7 k € |
| Debts | 734,4 k € | -7.8% | 796,8 k € | -2.0% | 813,3 k € | +24.3% | 654 k € | +5.5% | 619,7 k € |
| Other | |||||||||
| Workforce | 5,8 ETP | -4.9% | 6,1 ETP | 0.0% | 6,1 ETP | +3.4% | 5,9 ETP | -7.8% | 6,4 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/03/20253 active · 7 ended
Active mandates
Ann Hombroux
ActivePeter Vavedin
ActiveRoeland Vavedin
ActiveEnded mandates
Ann Hombroux
EndedPeter Vavedin
EndedRoland Vavedin
EndedAnn Armande Hombroux
EndedOther companies at this address
Prinsenweg 10 3700 Tongeren-Borgloon| Company | CBE no. |
|---|---|
AMBIORIX● Active | 0437.701.810 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/10/2025 | 31/10/2024 | 31/10/2023 | 27/10/2022 | 30/09/2021 | 16/10/2020 |
| General meeting | 29/08/2025 | 30/08/2024 | 25/08/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 29/08/2025 | 31/10/2025 | Dutch | |
| Abridged model | 31/03/2024 | 30/08/2024 | 31/10/2024 | Dutch | |
| Abridged model | 31/03/2023 | 25/08/2023 | 31/10/2023 | Dutch | |
| Abridged model | 31/03/2022 | 30/09/2022 | 27/10/2022 | Dutch | |
| Abridged model | 31/03/2021 | 30/09/2021 | 30/09/2021 | Dutch | |
| Abridged model | 31/03/2020 | 30/09/2020 | 16/10/2020 | Dutch | |
| Abridged model | 31/03/2019 | 30/08/2019 | 30/09/2019 | Dutch | |
| Abridged model | 31/03/2018 | 28/09/2018 | 30/10/2018 | Dutch | |
| Abridged model | 31/03/2017 | 25/08/2017 | 02/10/2017 | Dutch | |
| Abridged model | 31/03/2016 | 30/09/2016 | 25/10/2016 | Dutch | |
| Abridged model | 31/03/2015 | 30/09/2015 | 30/10/2015 | Dutch | |
| Abridged model | 31/03/2014 | 29/09/2014 | 28/10/2014 | Dutch | |
| Abridged model | 31/03/2013 | 30/09/2013 | 30/10/2013 | Dutch | |
| Abridged model | 31/03/2012 | 30/09/2012 | 31/10/2012 | Dutch | |
| Abridged model | 31/03/2011 | 30/09/2011 | 17/11/2011 | Dutch | |
| Abridged model | 31/03/2010 | 30/09/2010 | 28/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 28/08/2009 | 30/10/2009 | Dutch | |
| Abridged model | 31/03/2008 | 29/08/2008 | 31/10/2008 | Dutch | |
| Abridged model | 31/03/2007 | 30/09/2007 | 30/10/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/03/20253 active · 7 ended
Active mandates
Ann Hombroux
ActivePeter Vavedin
ActiveRoeland Vavedin
ActiveEnded mandates
Ann Hombroux
EndedPeter Vavedin
EndedRoland Vavedin
EndedAnn Armande Hombroux
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates03/06/2022ONTSLAGEN - BENOEMINGEN
- Mandates16/12/2013ONTSLAGEN - BENOEMINGEN
- Mandates01/02/2007ONTSLAGEN - BENOEMINGEN
- Mandates18/10/2005BOEKJAAR - ONTSLAGEN - BENOEMINGEN
- Mandates01/04/2005BENAMING - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates06/01/2004ONTSLAGEN - BENOEMINGEN
- Mandates06/01/2004ONTSLAGEN - BENOEMINGEN
- Mandates31/12/2002ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-24,4 k €↑
- 2024Annual accounts 2024-82,2 k €↑
- 2023Annual accounts 2023-111,2 k €↓
- 2023Name changeBelgian Quality Shoes And Leatherware Group
- 2022Annual accounts 2022-44,6 k €↑
- 2022Name changeB.Q.S. GROUP
- 2021Annual accounts 2021-206,5 k €↓
- 2020Annual accounts 20206,9 k €↓
- 2019Annual accounts 201932,3 k €↑
- 2018Annual accounts 201810,1 k €↓
- 2017Annual accounts 201716,5 k €↑
- 2016Annual accounts 2016-31,5 k €↑
- 2015Annual accounts 2015-35,7 k €↓
- 2014Annual accounts 201430,7 k €↓
- 2013Annual accounts 201338,2 k €↓
- 2012Annual accounts 201238,3 k €↑
- 2011Annual accounts 201128,4 k €↑
- 2010Annual accounts 201017 k €↓
- 2009Annual accounts 200939,6 k €↑
- 2008Annual accounts 200836,7 k €
- 23/05/1947IncorporationPublic limited company