ACTIVE

QUAX

Financial year 2024 · closed on 31/12/2024
Net result
796,6 k €
-43.2% YoY
Gross margin
2,3 M €
Equity
3,8 M €
+0.5% YoY
Workforce
10,7 ETP
0.0% YoY

What does QUAX do?

QUAX is a Public limited company incorporated in 1990. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Deinze. It employs on average 10,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.813.341
Incorporation
08/02/1990
Legal form
Public limited company
Registered office
Casselrylaan 27
9800 Deinze · FlandreSee on map
Contributed capital
187 605,32 €
Latest accounts
31/12/2024
Average workforce
10,7 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin2,3 M €2,8 M €2,7 M €1,5 M €1,4 M €1,1 M €901,3 k €1 M €725,9 k €978,4 k €1,2 M €1,2 M €996,5 k €1,2 M €1,1 M €866,9 k €613,5 k €618,2 k €
EBITDA1,5 M €2,3 M €2,1 M €2,1 M €1,1 M €796,9 k €491,6 k €320,7 k €384,5 k €103,5 k €330,5 k €624,7 k €703 k €612,8 k €824,7 k €670 k €484 k €166,9 k €260,5 k €
Operating result1,4 M €2,2 M €1,8 M €1,9 M €967,8 k €564,9 k €287,7 k €162,7 k €175,5 k €-122,7 k €237,7 k €382,8 k €475 k €399,5 k €567,4 k €397,7 k €271 k €-80,4 k €21,9 k €
Net result796,6 k €1,4 M €1,1 M €1,3 M €520,6 k €234,2 k €136,5 k €17,9 k €19,9 k €-292 k €27,4 k €109,8 k €169 k €112,9 k €217,2 k €118,6 k €57,7 k €9,9 k €137,4 k €
Balance sheet
Equity3,8 M €3,8 M €4,2 M €3,1 M €1,9 M €1,3 M €1,1 M €975,4 k €957,5 k €937,5 k €1,2 M €329,1 k €1,3 M €1,2 M €1,1 M €1 M €1 M €955,3 k €945,4 k €
Total assets7,2 M €6,5 M €6,3 M €5,4 M €4,7 M €4,4 M €4,2 M €4,5 M €4,2 M €4,8 M €5,2 M €5,7 M €5,7 M €5,4 M €5,2 M €4,6 M €4,5 M €4 M €3,9 M €
Cash94,6 k €398,4 k €87,1 k €66,4 k €564 k €162 k €48,8 k €221,9 k €92,6 k €95,5 k €55,5 k €79,8 k €159,7 k €49,3 k €76,3 k €177,3 k €22,2 k €29,8 k €39,6 k €
Debts3,4 M €2,7 M €2,1 M €2,3 M €2,8 M €2,8 M €3,1 M €3,4 M €3,2 M €3,8 M €3,9 M €5,4 M €4,5 M €4 M €3,9 M €3,5 M €3,4 M €3 M €2,9 M €
Other
Workforce10,7 ETP10,7 ETP11,3 ETP10,0 ETP8,8 ETP10,1 ETP10,0 ETP10,7 ETP12,9 ETP15,3 ETP12,6 ETP14,2 ETP11,2 ETP7,5 ETP7,7 ETP7,7 ETP6,7 ETP8,8 ETP6,9 ETP
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 31/12/2024 · 4 active · 13 ended

Active mandates

Alex Ryndziewicz

Managing director · since 29 mars 2023 · until 19 juin 2028

Active
Dominique Van Hoek

Director · since 29 mars 2023 · until 20 septembre 2024

Active
Laetitia Ryndziewicz

Managing director · since 29 mars 2023 · until 19 juin 2028

Active
Natacha Hunyadi

Director · since 29 mars 2023 · until 19 juin 2028

Active

Ended mandates

Dominique Van Hoek

Director · since 29 mars 2023 · until 19 juin 2028

Ended
Laetitia Ryndziewicz

Director · since 29 mars 2023 · until 19 juin 2028

Ended
Laetitia Ryndziewicz

Director · since 01 juillet 2018 · until 17 juin 2024

Ended
Alex Ryndziewicz

Managing director · since 18 juin 2018 · until 17 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
GigaroActive
0795.929.441
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelFull modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/09/202530/09/202420/07/202315/07/202223/07/202107/05/2020
General meeting19/09/202520/09/202430/06/202320/06/202230/06/202127/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202419/09/202530/09/2025DutchPDF
Full model31/12/202320/09/202430/09/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202120/06/202215/07/2022DutchPDF
Abridged model31/12/202030/06/202123/07/2021DutchPDF
Abridged model31/12/201927/04/202007/05/2020DutchPDF
Abridged model31/12/201817/06/201901/07/2019DutchPDF
Abridged model31/12/201718/06/201829/06/2018DutchPDF
Abridged model31/12/201619/06/201720/07/2017DutchPDF
Abridged model31/12/201520/06/201631/08/2016DutchPDF
Abridged model31/12/201410/08/201528/08/2015DutchPDF
Abridged model31/12/201331/07/201429/08/2014DutchPDF
Abridged model31/12/201217/06/201318/07/2013DutchPDF
Abridged model31/12/201118/06/201213/08/2012DutchPDF
Abridged model31/12/201020/06/201126/08/2011DutchPDF
Abridged model31/12/200921/06/201019/07/2010DutchPDF
Abridged model31/12/200815/06/200908/07/2009DutchPDF
Abridged model31/12/200716/06/200814/07/2008DutchPDF
Abridged modelCorrection31/12/200618/06/200712/11/2007DutchPDF
Abridged model31/12/200618/06/200706/07/2007DutchPDF
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 31/12/2024 · 4 active · 13 ended

Active mandates

Alex Ryndziewicz

Managing director · since 29 mars 2023 · until 19 juin 2028

Active
Dominique Van Hoek

Director · since 29 mars 2023 · until 20 septembre 2024

Active
Laetitia Ryndziewicz

Managing director · since 29 mars 2023 · until 19 juin 2028

Active
Natacha Hunyadi

Director · since 29 mars 2023 · until 19 juin 2028

Active

Ended mandates

Dominique Van Hoek

Director · since 29 mars 2023 · until 19 juin 2028

Ended
Laetitia Ryndziewicz

Director · since 29 mars 2023 · until 19 juin 2028

Ended
Laetitia Ryndziewicz

Director · since 01 juillet 2018 · until 17 juin 2024

Ended
Alex Ryndziewicz

Managing director · since 18 juin 2018 · until 17 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/03/2014
    KAPITAAL - AANDELEN
    PDF
  • Other23/07/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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. 2024
    Annual accounts 2024796,6 k €
  2. 2023
    Annual accounts 20231,4 M €
  3. 2022
    Annual accounts 20221,1 M €
  4. 2021
    Annual accounts 20211,3 M €
  5. 2020
    Annual accounts 2020520,6 k €
  6. 2019
    Annual accounts 2019234,2 k €
  7. 2018
    Annual accounts 2018136,5 k €
  8. 2017
    Annual accounts 201717,9 k €
  9. 2016
    Annual accounts 201619,9 k €
  10. 2015
    Annual accounts 2015-292 k €
  11. 2014
    Annual accounts 201427,4 k €
  12. 2013
    Annual accounts 2013109,8 k €
  13. 2012
    Annual accounts 2012169 k €
  14. 2011
    Annual accounts 2011112,9 k €
  15. 2010
    Annual accounts 2010217,2 k €
  16. 2009
    Annual accounts 2009118,6 k €
  17. 2008
    Annual accounts 200857,7 k €
  18. 2007
    Annual accounts 20079,9 k €
  19. 2006
    Annual accounts 2006137,4 k €
  20. 08/02/1990
    IncorporationPublic limited company