ACTIVE

Q-beef

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Financial year 2025 · closed on 31/12/2025

Net result

79,5 k €

+151886.0% YoY

Gross margin

136,4 k €

+101.2% YoY

Equity

154,5 k €

-86.6% YoY

Workforce

0,4 ETP

0.0% YoY

What does Q-beef do?

Q-beef is a Private limited company incorporated in 1977. Its main activity is: Wholesale of meat and meat products. Its registered office is in Lokeren. It employs on average 0,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.227.088

Incorporation

03/06/1977

Legal form

Private limited company

Registered office

Moortelstraat 21 box C
9160 Lokeren · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

0,4 ETP

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 51321Air transport 01420Raising of other cattle and buffaloes 01420Raising of other cattle and buffaloes

Joint committees (4)

119
11900
218
220

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	136,4 k €	+101%	67,8 k €	+0.4%	67,5 k €	+34.9%	50 k €	-61.1%	128,5 k €	+209%	-118 k €	-411%	38 k €	-63.4%	103,6 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	104,3 k €	+199%	34,8 k €	+161%	13,3 k €	-42.8%	23,3 k €	-77.0%	101,5 k €	+164%	-159,1 k €	-195%	-54 k €	-278%	30,4 k €	-18.2%	37,1 k €	-65.8%	108,6 k €	+9.4%	99,3 k €	-61.0%	254,5 k €	+38.8%	183,4 k €	+21.7%	150,7 k €	-42.6%	262,6 k €	-47.8%	503,4 k €	+19.3%	422,1 k €	+70.3%	247,8 k €
Operating result	93,6 k €	+329%	21,8 k €	-15.7%	25,9 k €	+197%	8,7 k €	-90.6%	92,7 k €	+156%	-166,6 k €	-179%	-59,8 k €	-396%	20,2 k €	-23.6%	26,4 k €	-70.4%	89,1 k €	-50.9%	181,6 k €	+118%	83,1 k €	-30.0%	118,7 k €	+73.7%	68,3 k €	-60.1%	171,1 k €	-61.9%	449,2 k €	+16.8%	384,5 k €	+96.3%	195,8 k €
Net result	79,5 k €	+151886%	52,3 €	-91.2%	592 €	+293%	150,5 €	-99.8%	85,1 k €	+150%	-169,9 k €	-168%	-63,4 k €	-554%	14 k €	-36.3%	21,9 k €	-74.4%	85,5 k €	-51.7%	176,9 k €	+185%	62,1 k €	-31.2%	90,3 k €	+79.8%	50,2 k €	-72.3%	181,6 k €	-54.8%	401,9 k €	+28.5%	312,8 k €	+138%	131,6 k €
Balance sheet
Equity	154,5 k €	-86.6%	1,2 M €	+0.0%	1,2 M €	+0.1%	1,2 M €	+0.0%	1,2 M €	+11.8%	1 M €	-14.2%	1,2 M €	-5.0%	1,3 M €	+1.1%	1,2 M €	+1.8%	1,2 M €	+2.7%	1,2 M €	+2.3%	1,2 M €	+2.8%	1,1 M €	+4.6%	1,1 M €	+4.9%	1 M €	-20.6%	1,3 M €	+0.1%	1,3 M €	+16.3%	1,1 M €
Total assets	451,4 k €	-62.1%	1,2 M €	-59.6%	2,9 M €	+4.4%	2,8 M €	+30.1%	2,2 M €	+15.9%	1,9 M €	-13.0%	2,2 M €	-4.9%	2,3 M €	+5.8%	2,1 M €	-7.1%	2,3 M €	-8.7%	2,5 M €	-6.6%	2,7 M €	+1.8%	2,7 M €	+3.9%	2,6 M €	+7.6%	2,4 M €	-12.5%	2,7 M €	+9.6%	2,5 M €	+1.5%	2,4 M €
Cash	340,4 k €	+1063%	29,3 k €	-83.8%	180,1 k €	+456%	32,4 k €	-75.1%	130,1 k €	-69.9%	431,7 k €	+126%	191,2 k €	-37.7%	307 k €	+375%	64,7 k €	-60.8%	165 k €	-54.2%	360,6 k €	+300%	90,1 k €	-66.2%	266,8 k €	-31.7%	390,8 k €	+110%	186,1 k €	-37.0%	295,4 k €	-34.4%	450,4 k €	-38.5%	732,8 k €
Debts	296,9 k €	+660%	39,1 k €	-97.8%	1,7 M €	+4.1%	1,7 M €	+63.9%	1 M €	+20.9%	844,1 k €	-11.6%	954,8 k €	+6.5%	896,5 k €	+0.5%	891,9 k €	-17.2%	1,1 M €	-18.9%	1,3 M €	-13.4%	1,5 M €	+1.1%	1,5 M €	+3.3%	1,5 M €	+9.8%	1,3 M €	-5.0%	1,4 M €	+35.9%	1 M €	-8.4%	1,1 M €
Other
Workforce	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	-33.3%	0,6 ETP	-53.8%	1,3 ETP	-7.1%	1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	-12.5%	1,6 ETP	-15.8%	1,9 ETP	-20.8%	2,4 ETP	0.0%	2,4 ETP	+4.3%	2,3 ETP	-4.2%	2,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 39 ended

Active mandates

EDB MANAGEMENT

Director · since 01 mars 2025 · 0822.926.818

Represented by Philemon Etienne De Bruycker

Active

Ended mandates

B.H.W. (Robert) Van Ballegooijen

Director · since 01 janvier 2024 · until 07 juin 2030

Ended

GDB MANAGEMENT SERVICES

Managing director · since 01 janvier 2024 · until 07 juin 2030 · 0474.580.616

Represented by Guy DE BRUYCKER

Ended

Ge & S

Director · since 01 janvier 2024 · until 07 juin 2030 · 0865.012.643

Represented by Gert DE BRUYCKER

Ended

P.H.J (Pieter) Geraerts

Director · since 01 janvier 2024 · until 07 juin 2030

Ended

Annual accounts

Full financial information

	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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	10/02/2025	30/07/2024	17/08/2023	19/07/2022	24/09/2021
General meeting	26/08/2026	07/02/2025	25/07/2024	20/07/2023	05/07/2022	27/08/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/08/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	07/02/2025	10/02/2025	Dutch	PDF
Abridged model	31/12/2023	25/07/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/07/2023	17/08/2023	Dutch	PDF
Abridged model	31/12/2021	05/07/2022	19/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/08/2021	24/09/2021	Dutch	PDF
Abridged model	31/12/2019	22/10/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	19/07/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	22/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	11/07/2017	Dutch	PDF
Full model	31/12/2015	09/05/2016	23/06/2016	Dutch	PDF
Full model	31/12/2014	15/06/2015	16/07/2015	Dutch	PDF
Full model	31/12/2013	19/05/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	29/05/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	27/06/2012	25/07/2012	Dutch	PDF
Full model	31/12/2010	25/05/2011	17/06/2011	Dutch	PDF
Full model	31/12/2009	14/04/2010	27/04/2010	Dutch	PDF
Full model	31/12/2008	28/04/2009	12/05/2009	Dutch	PDF
Full model	31/12/2007	25/04/2008	23/05/2008	Dutch	PDF
Full model	31/12/2006	30/06/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 39 ended

Active mandates

EDB MANAGEMENT

Director · since 01 mars 2025 · 0822.926.818

Represented by Philemon Etienne De Bruycker

Active

Ended mandates

B.H.W. (Robert) Van Ballegooijen

Director · since 01 janvier 2024 · until 07 juin 2030

Ended

GDB MANAGEMENT SERVICES

Managing director · since 01 janvier 2024 · until 07 juin 2030 · 0474.580.616

Represented by Guy DE BRUYCKER

Ended

Ge & S

Director · since 01 janvier 2024 · until 07 juin 2030 · 0865.012.643

Represented by Gert DE BRUYCKER

Ended

P.H.J (Pieter) Geraerts

Director · since 01 janvier 2024 · until 07 juin 2030

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/03/2025
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates23/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/06/2023
KAPITAAL - AANDELEN
PDF
Mandates22/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2021
DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2018
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202579,5 k €↑
2024
Annual accounts 202452,3 €↓
2023
Annual accounts 2023592 €↑
2022
Annual accounts 2022150,5 €↓
2021
Annual accounts 202185,1 k €↑
2018
Annual accounts 2018-169,9 k €↓
2017
Annual accounts 2017-63,4 k €↓
2016
Annual accounts 201614 k €↓
2015
Annual accounts 201521,9 k €↓
2014
Annual accounts 201485,5 k €↓
2013
Annual accounts 2013176,9 k €↑
2012
Annual accounts 201262,1 k €↓
2011
Annual accounts 201190,3 k €↑
2010
Annual accounts 201050,2 k €↓
2009
Annual accounts 2009181,6 k €↓
2008
Annual accounts 2008401,9 k €↑
2007
Annual accounts 2007312,8 k €↑
2006
Annual accounts 2006131,6 k €
03/06/1977
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Q-beef

Overview

What does Q-beef do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline