ACTIVE

QUIRINALE

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
841,4 k €
-25.8% YoY
Gross margin
863,6 k €
+604.0% YoY
Equity
20,6 M €
+4.3% YoY

What does QUIRINALE do?

QUIRINALE is a Public limited company incorporated in 1984. Its main activity is: Activities of holding companies. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0427.552.442
Incorporation
12/11/1984
Legal form
Public limited company
Registered office
Generaal Deprezstraat 2
8530 Harelbeke · FlandreSee on map
Contributed capital
114 004,58 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate68204Rental and operating of own or leased real estate68204Rental and operating of own or leased real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin863,6 k €122,7 k €882,9 k €58,3 k €20,1 k €38,3 k €-5,1 k €916,1 k €218,6 k €322,8 k €356,7 k €8,2 k €8,4 k €2 k €23,5 k €21,5 k €26,5 k €24,3 k €10,8 k €-1,6 k €
EBITDA838,8 k €100,1 k €860,9 k €39 k €7,8 k €26,5 k €-17,7 k €906,3 k €206,2 k €313,3 k €343,8 k €4,4 k €4,6 k €-3,7 k €17,6 k €15,7 k €20,8 k €18,7 k €5,8 k €-6,6 k €
Operating result711,8 k €-27 k €726,7 k €-172,2 k €-135,6 k €-90,6 k €-135,3 k €789,3 k €87,5 k €191,5 k €217,7 k €493,1 €-6,8 k €-20,6 k €65,6 €-1,8 k €3,1 k €1,2 k €-11,9 k €-23,9 k €
Net result841,4 k €1,1 M €1,2 M €565 k €631,7 k €581,1 k €117,2 k €686,9 k €975,6 k €316,6 k €625,8 k €78,8 k €-4,4 k €501,7 k €-3,8 k €-8,5 k €-722,7 €-232,9 €-10,4 k €-28,9 k €
Balance sheet
Equity20,6 M €19,7 M €18,6 M €17,4 M €16,8 M €16,1 M €15,6 M €15,4 M €14,7 M €13,9 M €15,2 M €1 M €966,2 k €970,6 k €468,9 k €472,8 k €481,3 k €482 k €482,2 k €492,6 k €
Total assets21,1 M €20,5 M €19,2 M €17,9 M €17,5 M €16,7 M €16,1 M €16 M €15,1 M €16,6 M €15,6 M €1,4 M €1,4 M €1,4 M €655,1 k €689,4 k €743,1 k €778,2 k €807,7 k €833,3 k €
Cash601,4 k €252,5 k €549,3 k €1,3 M €3,1 M €1,3 M €1,9 M €3,3 M €3,2 M €280,4 k €1,4 M €2,8 k €2,2 k €847,8 k €454,3 k €471,2 k €505,1 k €19,8 k €341,8 €699 €
Debts102,8 k €307,6 k €169,9 k €216,4 k €295,8 k €113,9 k €134,7 k €158,6 k €215,8 k €2,5 M €248,7 k €179,6 k €192,9 k €205,1 k €186,2 k €216,6 k €261,8 k €296,2 k €325,5 k €340,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 32 ended

Active mandates

Felix-Louis BILLIET

Managing director · since 19 mai 2020 · until 15 mai 2029

Active
GFB INVEST

Managing director · until 15 mai 2029 · 0770.978.368

Represented by Geraldine BILLIET

Active
LUC BILLIET

Managing director · until 15 mai 2029

Active

Ended mandates

Felix-Louis BILLIET

Managing director · since 19 mai 2020 · until 21 mai 2024

Ended
Felix-Louis BILLIET

Director · since 16 janvier 2018 · until 15 mai 2018

Ended
Geraldine BILLIET

Managing director · since 16 janvier 2018 · until 15 mai 2018

Ended
AVENTIJN

Managing director · since 27 octobre 2017 · until 15 mai 2018 · 0668.608.528

Represented by Chantal LEFEVERE

Ended
At this address

Other companies at this address

CompanyCBE no.
Albatros Investment● Active
0766.520.130
Alexsin● Active
0719.658.341
ALTACHEM● Active
0899.925.715
AVENTIJN● Active
0668.608.528
BEDRIJVENCENTRUM HARELBEKE● Active
0545.784.059
Capitolino● Active
0770.977.873
Eerstelijnszone Kortrijk-Kuurne-Harelbeke● Active
0739.811.179
GFB INVEST● Active
0770.978.368
Harelbeekse initiatieven voor sociale economie● Liquidation
0881.337.149
Huisartsenkring Zuid West-Vlaanderen vzw● Active
0425.618.182
LEFEVERE GROUP● Active
0836.766.639
LEFEVERE INDUSTRIES● Active
0454.072.242
LEFKOR● Active
0423.729.652
MUREMO● Active
0446.594.532
Oak Fever● Active
0466.148.346
REVIPIX● Active
0641.722.504
TRIPLACO● Active
0454.072.143
VIMINALE● Active
0421.126.488
WOODCOUSTICS● Active
0712.650.882
Y&S● Bankrupt
0845.210.290
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/05/202601/07/202508/07/202414/06/202320/06/202215/06/2021
General meeting19/05/202619/06/202528/06/202416/05/202317/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202626/05/2026DutchPDF
Abridged model31/12/202419/06/202501/07/2025DutchPDF
Abridged model31/12/202328/06/202408/07/2024DutchPDF
Micro model31/12/202216/05/202314/06/2023DutchPDF
Micro model31/12/202117/05/202220/06/2022DutchPDF
Micro model31/12/202018/05/202115/06/2021DutchPDF
Abridged model31/12/201919/05/202015/06/2020DutchPDF
Abridged model31/12/201821/05/201914/06/2019DutchPDF
Abridged model31/12/201715/05/201815/06/2018DutchPDF
Abridged model31/12/201616/05/201715/06/2017DutchPDF
Abridged model31/12/201517/05/201607/06/2016DutchPDF
Abridged model31/12/201419/05/201515/06/2015DutchPDF
Abridged model31/12/201320/05/201430/06/2014DutchPDF
Abridged model31/12/201221/05/201328/06/2013DutchPDF
Abridged model31/12/201115/05/201211/06/2012DutchPDF
Abridged model31/12/201017/05/201116/06/2011DutchPDF
Abridged model31/12/200918/05/201007/06/2010DutchPDF
Abridged model31/12/200819/05/200915/06/2009DutchPDF
Abridged model31/12/200720/05/200816/06/2008DutchPDF
Abridged model31/12/200615/05/200707/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 32 ended

Active mandates

Felix-Louis BILLIET

Managing director · since 19 mai 2020 · until 15 mai 2029

Active
GFB INVEST

Managing director · until 15 mai 2029 · 0770.978.368

Represented by Geraldine BILLIET

Active
LUC BILLIET

Managing director · until 15 mai 2029

Active

Ended mandates

Felix-Louis BILLIET

Managing director · since 19 mai 2020 · until 21 mai 2024

Ended
Felix-Louis BILLIET

Director · since 16 janvier 2018 · until 15 mai 2018

Ended
Geraldine BILLIET

Managing director · since 16 janvier 2018 · until 15 mai 2018

Ended
AVENTIJN

Managing director · since 27 octobre 2017 · until 15 mai 2018 · 0668.608.528

Represented by Chantal LEFEVERE

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/11/2017
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/09/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring16/06/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025841,4 k €↓
  2. 2024
    Annual accounts 20241,1 M €↓
  3. 2023
    Annual accounts 20231,2 M €↑
  4. 2022
    Annual accounts 2022565 k €↓
  5. 2021
    Annual accounts 2021631,7 k €↑
  6. 2020
    Annual accounts 2020581,1 k €↑
  7. 2019
    Annual accounts 2019117,2 k €↓
  8. 2018
    Annual accounts 2018686,9 k €↓
  9. 2017
    Annual accounts 2017975,6 k €↑
  10. 2016
    Annual accounts 2016316,6 k €↓
  11. 2015
    Annual accounts 2015625,8 k €↑
  12. 2014
    Annual accounts 201478,8 k €↑
  13. 2013
    Annual accounts 2013-4,4 k €↓
  14. 2012
    Annual accounts 2012501,7 k €↑
  15. 2011
    Annual accounts 2011-3,8 k €↑
  16. 2010
    Annual accounts 2010-8,5 k €↓
  17. 2009
    Annual accounts 2009-722,7 €↓
  18. 2008
    Annual accounts 2008-232,9 €↑
  19. 2007
    Annual accounts 2007-10,4 k €↑
  20. 2006
    Annual accounts 2006-28,9 k €
  21. 12/11/1984
    IncorporationPublic limited company