ACTIVE

Q.S.A.S.

Financial year 2025 · Closed on 31/12/2025

Net result-17,3 k €-134,7 %over 1 year

Gross margin-6,4 k €-107,4 %over 1 year

Equity339,1 k €-4,9 %over 1 year

Identity

Source · BCE/KBO

Q.S.A.S. is a Private limited company incorporated in 1990. Its main activity is: Technical testing and analysis. Its registered office is in Flobecq.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0441.050.585
Incorporation: 10/07/1990
Legal form: Private limited company
Registered office: Puvinage 4 box B
7880 Flobecq · WallonieSee on map
Contributed capital: 2 478,94 €
Latest accounts: 31/12/2025

Activities (NACE)

71209Technical testing and analysis· main 71209Technical testing and analysis

Joint committees (1)

Signals

Solid equity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-6,4 k €	-107%	87,1 k €	+193%	29,7 k €	-1.3%	30,1 k €	+0.3%	30 k €
EBITDA	-8,2 k €	-110%	85,2 k €	+209%	27,6 k €	-0.7%	27,8 k €	+5.6%	26,3 k €
Operating result	-13,8 k €	-117%	80 k €	+246%	23,1 k €	+18.4%	19,5 k €	+11.5%	17,5 k €
Net result	-17,3 k €	-135%	50 k €	+241%	14,6 k €	+19.3%	12,3 k €	+2.8%	11,9 k €
Balance sheet
Equity	339,1 k €	-4.9%	356,4 k €	+16.3%	306,4 k €	+5.0%	291,8 k €	+4.4%	279,5 k €
Total assets	394,5 k €	+1.1%	390 k €	+20.9%	322,5 k €	+5.0%	307,2 k €	+0.5%	305,5 k €
Cash	4,5 k €	+1203%	347,1 €	-97.8%	15,9 k €	+554%	2,4 k €		–
Debts	55,4 k €	+64.9%	33,6 k €	+121%	15,2 k €	-1.4%	15,4 k €	-40.8%	26 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Sébastien DECUBBER	Directorsince 01/10/2015
Valérie DECUBBER	Directorsince 30/06/2000
Denis Hubert Decubber	Managing directorsince 31/03/2021
Jean-François DECUBBER	Directorsince 07/04/2015

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Denis DECUBBER	Managing director01/10/2015 → 2021 accounts
Christiane DOCLO	Director10/07/1990 → 2011 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/09/2026	30/07/2025	30/07/2024	25/08/2023	19/08/2022	30/07/2021
General meeting	21/09/2026	02/07/2025	18/07/2024	11/07/2023	08/07/2022	11/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/09/2026	22/09/2026	French	PDF
Micro model	31/12/2024	02/07/2025	30/07/2025	French	PDF
Micro model	31/12/2023	18/07/2024	30/07/2024	French	PDF
Micro model	31/12/2022	11/07/2023	25/08/2023	French	PDF
Micro model	31/12/2021	08/07/2022	19/08/2022	French	PDF
Micro model	31/12/2020	11/05/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	12/05/2020	15/07/2020	French	PDF
Abridged model	31/12/2018	14/05/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	08/05/2018	28/06/2018	French	PDF
Abridged model	31/12/2016	09/05/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	22/06/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	16/05/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	29/05/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	08/06/2012	French	PDF
Abridged model	31/12/2010	10/05/2011	10/06/2011	French	PDF
Abridged model	31/12/2009	11/05/2010	14/05/2010	French	PDF
Abridged model	31/12/2008	12/05/2009	13/05/2009	French	PDF
Abridged model	31/12/2007	13/05/2008	15/05/2008	French	PDF
Abridged model	31/12/2006	08/05/2007	23/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

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 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Sébastien DECUBBER	Directorsince 01/10/2015
Valérie DECUBBER	Directorsince 30/06/2000
Denis Hubert Decubber	Managing directorsince 31/03/2021
Jean-François DECUBBER	Directorsince 07/04/2015

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Denis DECUBBER	Managing director01/10/2015 → 2021 accounts
Christiane DOCLO	Director10/07/1990 → 2011 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/04/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates27/09/2016
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Valérie DECUBBER

Jean-Sébastien DECUBBER

Denis Hubert Decubber

Jean-François DECUBBER

Denis DECUBBER

Christiane DOCLO

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

QSAS

Puvinage 4 bte B, 7880 Flobecq

Director

Managing director

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Puvinage 4 bte B, 7880 FlobecqCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00524886

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Q.S.A.S.Current		CBE
QSAS	accounts 2021 → 2025	Accounts 2025 · 2026-00524886

Events

2025
Annual accounts 2025-17,3 k €↓
2024
Annual accounts 202450 k €↑
2023
Annual accounts 202314,6 k €↑
2022
Annual accounts 202212,3 k €↑
2021
Annual accounts 202111,9 k €↑
2020
Annual accounts 2020-5,7 k €↓
2019
Annual accounts 201924,2 k €↑
2018
Annual accounts 2018-26,2 k €↓
2017
Annual accounts 201712,8 k €↑
2016
Annual accounts 20162,9 k €↓
2015
Annual accounts 20157,5 k €↓
2014
Annual accounts 201463,4 k €↓
2013
Annual accounts 201370,2 k €↑
2012
Annual accounts 201234,5 k €↑
2011
Annual accounts 2011-10,9 k €↓
2010
Annual accounts 2010121 k €↑
2009
Annual accounts 200916,9 k €↑
2008
Annual accounts 20089,4 k €↑
2007
Annual accounts 20075,2 k €↑
2006
Annual accounts 20064,5 k €
10/07/1990
IncorporationPrivate limited company

Q.S.A.S.

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events