QUALITY FIRST
0450.905.983 · rovalta.com · 22/09/2026
ACTIVE
QUALITY FIRST
Financial year 2025 · closed on 30/06/2025
Net result
54,7 k €
-36.4% YoY
Gross margin
205,6 k €
-20.0% YoY
Equity
971,1 k €
+6.0% YoY
Overview
What does QUALITY FIRST do?
QUALITY FIRST is a Private company with limited liability incorporated in 1993. Its main activity is: Development of building projects. Its registered office is in Kortrijk.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0450.905.983
Incorporation
17/09/1993
Legal form
Private company with limited liability
Registered office
Labroyeweg(Bel) 3
8510 Kortrijk · FlandreSee on map
8510 Kortrijk · FlandreSee on map
Contributed capital
337 500,00 €
Latest accounts
30/06/2025
Activities (NACE)
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 205,6 k € | -20.0% | 257,1 k € | -18.8% | 316,6 k € | +59.5% | 198,4 k € | +133% | 85,1 k € | +419% | 16,4 k € | +173% | 6 k € | -84.2% | 37,9 k € | -48.9% | 74,3 k € | -84.5% | 479,9 k € | +19217% | 2,5 k € | -98.6% | 181,7 k € | +258% | 50,7 k € | -86.3% | 370,1 k € | +105% | 180,5 k € | +200% | 60,1 k € | +452% | -17,1 k € |
| EBITDA | 193,7 k € | -22.2% | 249 k € | -19.5% | 309,2 k € | +61.6% | 191,3 k € | +306% | 47,1 k € | +326% | -20,8 k € | -430% | -3,9 k € | -115% | 25,7 k € | -61.9% | 67,5 k € | -85.5% | 464 k € | +3779% | -12,6 k € | -108% | 165,8 k € | +317% | 39,7 k € | -89.0% | 359,8 k € | +109% | 172,1 k € | +226% | 52,9 k € | +316% | -24,5 k € |
| Operating result | 160,5 k € | -25.6% | 215,8 k € | -21.8% | 276 k € | +74.2% | 158,4 k € | +3029% | -5,4 k € | +92.6% | -72,9 k € | -68.4% | -43,3 k € | -702% | -5,4 k € | -113% | 42,7 k € | -90.3% | 439,2 k € | +1232% | -38,8 k € | -128% | 139,6 k € | +932% | 13,5 k € | -96.2% | 353,3 k € | +141% | 146,8 k € | +196% | 49,5 k € | +278% | -27,8 k € |
| Net result | 54,7 k € | -36.4% | 86 k € | -40.7% | 145,1 k € | +55.9% | 93,1 k € | +642% | -17,2 k € | +79.5% | -83,7 k € | -64.4% | -50,9 k € | +44.4% | -91,6 k € | -192% | 99 k € | -64.3% | 277,4 k € | +738% | -43,5 k € | -147% | 92,2 k € | +676% | 11,9 k € | -94.8% | 229,4 k € | +82.7% | 125,5 k € | +389% | 25,7 k € | +153% | -48,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 971,1 k € | +6.0% | 916,4 k € | +10.4% | 830,4 k € | +21.2% | 685,2 k € | +45.0% | 472,7 k € | -3.5% | 489,9 k € | -14.6% | 573,6 k € | -8.2% | 624,5 k € | -12.8% | 716,2 k € | +16.1% | 617,1 k € | +64.5% | 375,1 k € | -10.4% | 418,6 k € | +28.2% | 326,4 k € | +3.8% | 314,6 k € | +269% | 85,2 k € | +311% | -40,3 k € | +38.9% | -66 k € |
| Total assets | 5,5 M € | +5.7% | 5,2 M € | +2.8% | 5,1 M € | +33.8% | 3,8 M € | +147% | 1,5 M € | -3.9% | 1,6 M € | +3.5% | 1,6 M € | +34.5% | 1,2 M € | +12.2% | 1 M € | -49.3% | 2 M € | +34.6% | 1,5 M € | -4.7% | 1,6 M € | -2.0% | 1,6 M € | +7.7% | 1,5 M € | -24.0% | 2 M € | +9.3% | 1,8 M € | +56.1% | 1,2 M € |
| Cash | 7,2 k € | -45.9% | 13,4 k € | +62.1% | 8,2 k € | +17.8% | 7 k € | +16.7% | 6 k € | +15.8% | 5,2 k € | -93.0% | 74,2 k € | -44.6% | 134 k € | +73.3% | 77,4 k € | -81.0% | 408,2 k € | +1898% | 20,4 k € | +59.0% | 12,8 k € | -91.3% | 148,3 k € | +833% | 15,9 k € | -73.1% | 59 k € | -51.4% | 121,4 k € | +993% | 11,1 k € |
| Debts | 4,4 M € | +5.9% | 4,2 M € | +1.2% | 4,1 M € | +38.0% | 3 M € | +223% | 930,7 k € | -4.1% | 970,9 k € | +17.6% | 825,9 k € | +121% | 374,5 k € | +143% | 153,9 k € | -86.7% | 1,2 M € | +2.6% | 1,1 M € | -2.8% | 1,2 M € | -9.7% | 1,3 M € | +8.4% | 1,2 M € | -37.1% | 1,9 M € | +2.1% | 1,8 M € | +51.3% | 1,2 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | – | – | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 3 ended
Active mandates
ROGER BOSSCHAERT
ActiveEnded mandates
Christiane Bacquaert
EndedCHRISTIANE BACQUAERT
EndedRoger Bosschaert
EndedAt this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Abridged model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 06/01/2026 | 06/01/2025 | 21/02/2024 | 31/01/2023 | 28/01/2022 | 01/02/2021 |
| General meeting | 15/12/2025 | 16/12/2024 | 31/12/2023 | 19/12/2022 | 03/01/2022 | 21/12/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/06/2025 | 15/12/2025 | 06/01/2026 | Dutch | |
| Micro model | 30/06/2024 | 16/12/2024 | 06/01/2025 | Dutch | |
| Abridged model | 30/06/2023 | 31/12/2023 | 21/02/2024 | Dutch | |
| Micro model | 30/06/2022 | 19/12/2022 | 31/01/2023 | Dutch | |
| Micro model | 30/06/2021 | 03/01/2022 | 28/01/2022 | Dutch | |
| Micro model | 30/06/2020 | 21/12/2020 | 01/02/2021 | Dutch | |
| Micro model | 30/06/2019 | 16/12/2019 | 18/12/2019 | Dutch | |
| Micro model | 30/06/2018 | 17/12/2018 | 20/12/2018 | Dutch | |
| Micro model | 30/06/2017 | 18/12/2017 | 21/12/2017 | Dutch | |
| Abridged model | 30/06/2016 | 19/12/2016 | 27/01/2017 | Dutch | |
| Abridged model | 30/06/2015 | 21/12/2015 | 11/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 15/12/2014 | 17/12/2014 | Dutch | |
| Abridged model | 30/06/2013 | 16/12/2013 | 13/01/2014 | Dutch | |
| Abridged model | 30/06/2012 | 17/12/2012 | 20/12/2012 | Dutch | |
| Abridged model | 30/06/2011 | 19/12/2011 | 22/12/2011 | Dutch | |
| Abridged model | 30/06/2010 | 20/12/2010 | 24/01/2011 | Dutch | |
| Abridged model | 30/06/2009 | 21/12/2009 | 24/02/2010 | Dutch | |
| Abridged model | 30/06/2008 | 15/12/2008 | 25/02/2009 | Dutch | |
| Abridged model | 30/06/2007 | 17/12/2007 | 17/12/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 3 ended
Active mandates
ROGER BOSSCHAERT
ActiveEnded mandates
Christiane Bacquaert
EndedCHRISTIANE BACQUAERT
EndedRoger Bosschaert
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring09/03/2026MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring22/12/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Capital / shares14/05/2014BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202554,7 k €↓
- 2024Annual accounts 202486 k €↓
- 2023Annual accounts 2023145,1 k €↑
- 2022Annual accounts 202293,1 k €↑
- 2019Annual accounts 2019-17,2 k €↑
- 2018Annual accounts 2018-83,7 k €↓
- 2017Annual accounts 2017-50,9 k €↑
- 2016Annual accounts 2016-91,6 k €↓
- 2015Annual accounts 201599 k €↓
- 2014Annual accounts 2014277,4 k €↑
- 2013Annual accounts 2013-43,5 k €↓
- 2012Annual accounts 201292,2 k €↑
- 2011Annual accounts 201111,9 k €↓
- 2010Annual accounts 2010229,4 k €↑
- 2009Annual accounts 2009125,5 k €↑
- 2008Annual accounts 200825,7 k €↑
- 2007Annual accounts 2007-48,4 k €
- 17/09/1993IncorporationPrivate company with limited liability