ACTIVE

A-kwadraat

Financial year 2024 · Closed on 31/12/2024

Net result370,2 k €+78,8 %over 1 year
Revenue12,3 M €+3,4 %over 1 year
Equity17,7 M €+1,4 %over 1 year
Workforce606,9 ETP+3,6 %over 1 year

Identity

Source · BCE/KBO

A-kwadraat is a Non-profit organization incorporated in 1964. Its main activity is: Technical and vocational secondary education. Its registered office is in Turnhout. It employs on average 606,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.668.540
Incorporation
06/01/1964
Legal form
Non-profit organization
Registered office
Everdongenlaan 27
2300 Turnhout · FlandreSee on map
Latest accounts
31/12/2024
Average workforce
606,9 ETP
Joint committees (1)
  • 32701
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue12,3 M €11,9 M €12 M €10,7 M €9,3 M €
EBITDA1,8 M €1,6 M €1,7 M €1,6 M €1,8 M €
Operating result283,4 k €150,8 k €226,4 k €226,2 k €256,2 k €
Net result370,2 k €207 k €202,6 k €236,8 k €230,4 k €
Balance sheet
Equity17,7 M €17,4 M €17,3 M €17,2 M €17,1 M €
Total assets23,4 M €23,3 M €22,8 M €22,6 M €21,7 M €
Cash1,7 M €1,5 M €2,3 M €1,2 M €2,1 M €
Debts4,5 M €4,6 M €4,2 M €4 M €3,6 M €
Other
Workforce606,9 ETP585,8 ETP571,6 ETP549,7 ETP545,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

9 active · 67 ended

Active mandates

Hildegard Hermans

Director · since 06 janvier 2025 · until 12 juin 2027

Active
Karolien Thijs

Director · since 06 janvier 2025 · until 17 juin 2027

Active
Guy Tormans

Director · since 12 juin 2023 · until 12 juin 2027

Active
Hans Geerts

Director · since 12 juin 2023 · until 06 janvier 2025

Active
Johanna van Rhijn

Director · since 12 juin 2023 · until 12 juin 2027

Active
Koen Jansens

Director · since 12 juin 2023 · until 12 juin 2027

Active
Stefaan Vermeiren

Director · since 12 juin 2023 · until 17 juin 2024

Active
Veerle Allaerts

Director · since 12 juin 2023 · until 12 juin 2027

Active
Yves Jonckers

Director · since 12 juin 2023 · until 12 juin 2027

Active

Ended mandates

Hans Geerts

Director · since 12 juin 2023 · until 12 juin 2027

Ended
Stefaan Vermeiren

Director · since 12 juin 2023 · until 12 juin 2027

Ended
Denise De Vlieger

Director · since 09 septembre 2019 · until 12 juin 2023

Ended
Hans Geerts

Director · since 09 septembre 2019 · until 12 juin 2023

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202502/07/202420/06/202323/06/202222/06/202124/06/2020
General meeting16/06/202517/06/202419/06/202320/06/202221/06/202122/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202416/06/202517/06/2025DutchPDF
Full model31/12/202317/06/202402/07/2024DutchPDF
Full model31/12/202219/06/202320/06/2023DutchPDF
Full model31/12/202120/06/202223/06/2022DutchPDF
Full model31/12/202021/06/202122/06/2021DutchPDF
Full model31/12/201922/06/202024/06/2020DutchPDF
Full model31/12/201817/06/201925/06/2019DutchPDF
Full model31/12/201704/06/201808/06/2018DutchPDF
Full model31/12/201612/06/201721/06/2017DutchPDF
Full model31/12/201502/05/201623/05/2016DutchPDF
Full model31/12/201404/05/201518/05/2015DutchPDF
Full model31/12/201305/05/201419/05/2014DutchPDF
Full model31/12/201206/05/201317/05/2013DutchPDF
Full model31/12/201107/05/201221/05/2012DutchPDF
Full model31/12/201002/05/201120/05/2011DutchPDF
Full model31/12/200925/05/201031/05/2010DutchPDF
Full model31/12/200826/05/200908/06/2009DutchPDF
Full model31/12/200727/05/200817/06/2008DutchPDF
Full model31/12/200629/05/200720/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

9 active · 67 ended

Active mandates

Hildegard Hermans

Director · since 06 janvier 2025 · until 12 juin 2027

Active
Karolien Thijs

Director · since 06 janvier 2025 · until 17 juin 2027

Active
Guy Tormans

Director · since 12 juin 2023 · until 12 juin 2027

Active
Hans Geerts

Director · since 12 juin 2023 · until 06 janvier 2025

Active
Johanna van Rhijn

Director · since 12 juin 2023 · until 12 juin 2027

Active
Koen Jansens

Director · since 12 juin 2023 · until 12 juin 2027

Active
Stefaan Vermeiren

Director · since 12 juin 2023 · until 17 juin 2024

Active
Veerle Allaerts

Director · since 12 juin 2023 · until 12 juin 2027

Active
Yves Jonckers

Director · since 12 juin 2023 · until 12 juin 2027

Active

Ended mandates

Hans Geerts

Director · since 12 juin 2023 · until 12 juin 2027

Ended
Stefaan Vermeiren

Director · since 12 juin 2023 · until 12 juin 2027

Ended
Denise De Vlieger

Director · since 09 septembre 2019 · until 12 juin 2023

Ended
Hans Geerts

Director · since 09 septembre 2019 · until 12 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024370,2 k €↑
  2. 2023
    Annual accounts 2023207 k €↑
  3. 2022
    Annual accounts 2022202,6 k €↓
  4. 2021
    Annual accounts 2021236,8 k €↑
  5. 2020
    Annual accounts 2020230,4 k €↓
  6. 2019
    Annual accounts 2019628 k €↑
  7. 2019
    Name changeA-kwadraat
  8. 2018
    Annual accounts 2018311,3 k €↓
  9. 2017
    Annual accounts 2017399,5 k €↑
  10. 2016
    Annual accounts 2016319,1 k €↑
  11. 2015
    Annual accounts 2015134,6 k €↓
  12. 2014
    Annual accounts 2014172,1 k €↓
  13. 2013
    Annual accounts 2013232,3 k €↑
  14. 2012
    Annual accounts 2012189,9 k €↓
  15. 2011
    Annual accounts 2011326,4 k €↑
  16. 2010
    Annual accounts 2010194,8 k €↓
  17. 2009
    Annual accounts 2009297,4 k €↑
  18. 2008
    Annual accounts 200836,8 k €↓
  19. 2007
    Annual accounts 200742,6 k €
  20. 2007
    Name changeArbeid voor Minder-Validen
  21. 06/01/1964
    IncorporationNon-profit organization