ACTIVE

QUERCUS

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Financial year 2025 · closed on 31/12/2025

Net result

-146,8 k €

-225.3% YoY

Gross margin

13,6 k €

-87.6% YoY

Equity

947,5 k €

-13.4% YoY

Workforce

1,0 ETP

+25.0% YoY

What does QUERCUS do?

QUERCUS is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Hannut. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.746.861

Incorporation

21/02/1992

Legal form

Public limited company

Registered office

Rue de Landen 168 box F
4280 Hannut · WallonieSee on map

Contributed capital

104 105,64 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

Solid equityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	13,6 k €	-87.6%	109,5 k €	-0.2%	109,7 k €	-85.5%	756,7 k €	+171%	278,9 k €	+219%	87,4 k €	-46.6%	163,5 k €	+178%	58,8 k €	+6.9%	55 k €	+32.4%	41,5 k €	+19.3%	34,8 k €	-19.6%	43,3 k €	-30.6%	62,4 k €	+34.2%	46,5 k €	-62.6%	124,5 k €	+66.7%	74,7 k €	+38.2%	54 k €	-17.0%	65,1 k €	+30.0%	50,1 k €	+11.7%	44,8 k €
EBITDA	-39,4 k €	-158%	68,2 k €	+12.8%	60,4 k €	-91.1%	676,8 k €	+170%	250,6 k €	+210%	80,9 k €	-46.2%	150,2 k €	+182%	53,2 k €	+7.2%	49,7 k €	+36.4%	36,4 k €	+108%	17,5 k €	-54.0%	38 k €	-32.5%	56,2 k €	+66.9%	33,7 k €	-71.3%	117,3 k €	+77.2%	66,2 k €	+42.3%	46,6 k €	-24.0%	61,2 k €	+33.1%	46 k €	+19.9%	38,4 k €
Operating result	-159,7 k €	-159%	-61,7 k €	+22.8%	-80 k €	-114%	561 k €	+266%	153,4 k €	+2374%	6,2 k €	-92.9%	87,4 k €	+938%	8,4 k €	-64.6%	23,8 k €	+266%	-14,3 k €	-147%	-5,8 k €	-129%	20 k €	-41.4%	34,2 k €	+178%	12,3 k €	-86.9%	93,8 k €	+97.9%	47,4 k €	+49.0%	31,8 k €	-8.3%	34,7 k €	+61.9%	21,4 k €	+14.8%	18,7 k €
Net result	-146,8 k €	-225%	-45,1 k €	+33.7%	-68 k €	-117%	400,5 k €	+236%	119 k €	+20671%	573,1 €	-99.1%	62,9 k €	+682%	8 k €	-46.9%	15,2 k €	+191%	-16,6 k €	-243%	-4,9 k €	-103%	153,8 k €	+154459%	-99,6 €	-100%	34,1 k €	+103%	16,8 k €	+366%	-6,3 k €	-54.7%	-4,1 k €	-269%	2,4 k €	-96.7%	72,3 k €	+835%	-9,8 k €
Balance sheet
Equity	947,5 k €	-13.4%	1,1 M €	-4.0%	1,1 M €	-5.6%	1,2 M €	+49.6%	806,9 k €	+17.3%	687,9 k €	+0.1%	687,3 k €	+18.4%	580,5 k €	+1.4%	572,4 k €	+2.7%	557,3 k €	-2.9%	573,9 k €	-0.8%	578,8 k €	+36.2%	425 k €	-0.0%	425,1 k €	+8.7%	391 k €	+4.5%	374,2 k €	-1.7%	380,5 k €	-1.1%	384,6 k €	+0.6%	382,2 k €	+23.3%	309,9 k €
Total assets	1,5 M €	-7.4%	1,6 M €	-5.1%	1,7 M €	-7.1%	1,8 M €	+14.4%	1,6 M €	+10.5%	1,4 M €	+2.7%	1,4 M €	+11.2%	1,3 M €	+7.9%	1,2 M €	+3.7%	1,1 M €	+22.4%	921,2 k €	-5.0%	969,8 k €	+2.1%	950 k €	-4.3%	993 k €	-14.5%	1,2 M €	-3.9%	1,2 M €	+9.1%	1,1 M €	+16.3%	953,2 k €	+11.8%	852,6 k €	+10.4%	772,4 k €
Cash	49,6 k €	-25.3%	66,4 k €	+20.0%	55,3 k €	-67.3%	169 k €	+458%	30,3 k €	+1008%	2,7 k €	+673%	353,5 €	-73.8%	1,3 k €	-36.6%	2,1 k €	+96.7%	1,1 k €	-70.1%	3,6 k €	+148%	1,5 k €	-44.1%	2,6 k €		–		–		–		6,3 k €		–		–		954,8 €
Debts	366 k €	+16.4%	314,5 k €	-5.1%	331,5 k €	-10.7%	371,4 k €	-46.5%	693,9 k €	+2.5%	676,6 k €	+7.2%	630,9 k €	+12.9%	558,9 k €	+20.3%	464,6 k €	+6.7%	435,3 k €	+108%	209,6 k €	-13.8%	243,3 k €	-50.4%	490,1 k €	-7.6%	530,6 k €	-28.0%	736,6 k €	-6.1%	784,5 k €	+14.4%	686 k €	+30.8%	524,5 k €	+22.0%	429,9 k €	-7.0%	462 k €
Other
Workforce	1,0 ETP	+25.0%	0,8 ETP	0.0%	0,8 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Wilhelmus Stassen

Director · since 30 septembre 2002

Active

Ended mandates

Michel Stassen

Manager · since 19 décembre 2014

Ended

Michel Stassen

Manager · since 22 novembre 2014

Ended

Wilhelmus Stassen

Administrator - manager · since 30 septembre 2002

Ended

Wilhelmus Stassen

Manager · since 30 septembre 2002

Ended

At this address

Other companies at this address

Company	CBE no.
FERME RENSER● Active	0442.328.512

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	29/08/2025	29/08/2024	25/08/2023	20/08/2022	24/08/2021
General meeting	31/05/2026	31/05/2025	10/05/2024	12/05/2023	13/05/2022	20/08/2021
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	31/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	31/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	20/08/2022	Dutch	PDF
Micro model	31/12/2020	20/08/2021	24/08/2021	French	PDF
Micro model	31/12/2019	08/09/2020	05/10/2020	French	PDF
Abridged model	31/12/2018	10/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	07/10/2016	13/10/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	04/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	01/12/2008	French	PDF
Abridged model	31/12/2006	11/05/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Wilhelmus Stassen

Director · since 30 septembre 2002

Active

Ended mandates

Michel Stassen

Manager · since 19 décembre 2014

Ended

Michel Stassen

Manager · since 22 novembre 2014

Ended

Wilhelmus Stassen

Administrator - manager · since 30 septembre 2002

Ended

Wilhelmus Stassen

Manager · since 30 septembre 2002

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other28/04/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Mandates06/03/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates24/09/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/09/2005
SIEGE SOCIAL
PDF
Registered office15/01/2003
BENAMING - MAATSCHAPPELIJKE ZETEL - DIVERSEN
PDF
Capital / shares05/12/2002
BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 2025-146,8 k €↓
2024
Annual accounts 2024-45,1 k €↑
2023
Annual accounts 2023-68 k €↓
2022
Annual accounts 2022400,5 k €↑
2021
Annual accounts 2021119 k €↑
2020
Annual accounts 2020573,1 €↓
2019
Annual accounts 201962,9 k €↑
2018
Annual accounts 20188 k €↓
2017
Annual accounts 201715,2 k €↑
2016
Annual accounts 2016-16,6 k €↓
2015
Annual accounts 2015-4,9 k €↓
2014
Annual accounts 2014153,8 k €↑
2013
Annual accounts 2013-99,6 €↓
2012
Annual accounts 201234,1 k €↑
2011
Annual accounts 201116,8 k €↑
2010
Annual accounts 2010-6,3 k €↓
2009
Annual accounts 2009-4,1 k €↓
2008
Annual accounts 20082,4 k €↓
2007
Annual accounts 200772,3 k €↑
2006
Annual accounts 2006-9,8 k €
21/02/1992
IncorporationPublic 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

QUERCUS

Overview

What does QUERCUS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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