NORMAL SITUATION

QTeam Services

Financial year 2025 · closed on 31/12/2025
Net result
12,7 M €
+384.0% YoY
Revenue
106,1 M €
+8.1% YoY
Equity
25,9 M €
+50.3% YoY
Workforce
38,3 ETP
-35.1% YoY

Company — Normal situation.

Strike-off: 10 juillet 2026

What does QTeam Services do?

QTeam Services is a Public limited company incorporated in 1994. It employs on average 38,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.263.488
Incorporation
04/03/1994
Legal form
Public limited company
Contributed capital
581 261,84 €
Latest accounts
31/12/2025
Average workforce
38,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162014201320122011201020092008200720062005
Income statement
Revenue106,1 M €98,2 M €105 M €82,7 M €67,3 M €58,5 M €59,2 M €50,7 M €54,1 M €54,8 M €56,2 M €56,4 M €58,7 M €60 M €40,4 M €34,3 M €32,8 M €29,5 M €24,8 M €22,7 M €
EBITDA3,4 M €2,8 M €488 k €969,6 k €579,6 k €-657,1 k €82,6 k €-131,2 k €104,7 k €122,4 k €434,4 k €-469,1 k €168,7 k €2,1 M €681,9 k €2,2 M €2,3 M €2,3 M €1,4 M €1,8 M €
Operating result3,1 M €2,6 M €371 k €1 M €616,1 k €-720,7 k €48,6 k €-269,6 k €-133,9 k €-98,6 k €169,9 k €-711,5 k €-280,3 k €1,6 M €193,6 k €1,7 M €1,7 M €1,7 M €1 M €1,5 M €
Net result12,7 M €2,6 M €439,9 k €829,6 k €642,3 k €-487,7 k €205,6 k €64,8 k €70,8 k €155,4 k €525,8 k €-555,1 k €-328,4 k €315,5 k €691,6 k €1,3 M €1,2 M €1,3 M €684,5 k €1,2 M €
Balance sheet
Equity25,9 M €17,3 M €10,4 M €9,9 M €9,1 M €8,4 M €8,9 M €8,7 M €11 M €11 M €9,6 M €9 M €9,6 M €9,9 M €9,6 M €8,9 M €7,6 M €6,4 M €5,1 M €4,4 M €
Total assets130,2 M €120,9 M €72,1 M €59,7 M €42,9 M €40,1 M €43,9 M €42,7 M €45,8 M €49,4 M €46,3 M €53,4 M €56,1 M €56,8 M €34,5 M €27,8 M €30,1 M €21,5 M €20,9 M €19 M €
Cash21,5 M €13 M €14 M €7,8 M €2,5 M €4,6 M €1,3 M €386,1 k €1,7 M €4,4 M €642,8 k €1,5 M €2,4 M €132,4 k €2,8 M €1,1 M €187,5 k €85,6 k €311,2 k €129,7 k €
Debts103,6 M €103,1 M €61,7 M €49,7 M €33,7 M €31,6 M €34,8 M €33,9 M €34,7 M €38,4 M €36 M €43,6 M €45,5 M €45,8 M €22,4 M €16,9 M €20,5 M €13,2 M €14,3 M €13,7 M €
Other
Workforce38,3 ETP59,0 ETP32,8 ETP31,5 ETP31,0 ETP31,4 ETP32,6 ETP33,5 ETP34,7 ETP34,8 ETP32,7 ETP33,9 ETP35,6 ETP33,6 ETP30,0 ETP28,9 ETP29,9 ETP29,2 ETP29,5 ETP27,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 55 ended

Active mandates

De Prycker Consult

Director · since 29 avril 2022 · 0694.837.625

Represented by Stefan De Prycker

Active
EFCEE

Director · since 29 avril 2022 · 0807.357.130

Represented by Filip Cailliau

Active
LAMBEFRAN

Director · since 29 avril 2022 · 0426.231.361

Represented by Frank Lambrecht

Active

Ended mandates

De Prycker Consult

bestuurder · since 29 avril 2022 · until 29 avril 2028 · 0694.837.625

Represented by Stefan Albert De Prycker

Ended
De Prycker Consult

bestuurder · since 29 avril 2022 · 0694.837.625

Represented by Stefan De Prycker

Ended
EFCEE

bestuurder · since 29 avril 2022 · until 29 avril 2028 · 0807.357.130

Represented by Filip Cailliau

Ended
EFCEE

bestuurder · since 26 avril 2022 · 0807.357.130

Represented by Filip Cailliau

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date08/06/202615/07/202511/07/202428/08/202309/09/202224/06/2022
General meeting04/05/202630/06/202508/07/202414/07/202305/09/202210/06/2022
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202608/06/2026DutchPDF
Full model31/12/202430/06/202515/07/2025DutchPDF
Full model31/12/202308/07/202411/07/2024DutchPDF
Full model31/12/202214/07/202328/08/2023DutchPDF
Full model31/12/202105/09/202209/09/2022DutchPDF
Full model31/12/202010/06/202224/06/2022DutchPDF
Full model31/12/201927/10/202030/10/2020DutchPDF
Full model31/12/201825/06/202029/06/2020DutchPDF
Full model31/12/201713/03/201919/04/2019DutchPDF
Full model31/12/201613/03/201919/04/2019DutchPDF
Full model31/12/201524/05/201728/08/2017DutchPDF
Full model31/12/201408/11/201601/12/2016DutchPDF
Full model31/12/201323/09/201630/11/2016DutchPDF
Full model31/12/201225/08/201428/08/2014DutchPDF
Full model31/12/201127/07/201330/07/2013DutchPDF
Full model31/12/201003/07/201227/08/2012DutchPDF
Full model31/12/200902/02/201118/03/2011DutchPDF
Full model31/12/200802/02/201118/03/2011DutchPDF
Full model31/12/200715/10/200822/09/2009DutchPDF
Full model31/12/200615/10/200722/09/2009DutchPDF
Full model31/12/200531/01/200711/07/2007DutchPDF
Estimate

Indicative valuation

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 · 55 ended

Active mandates

De Prycker Consult

Director · since 29 avril 2022 · 0694.837.625

Represented by Stefan De Prycker

Active
EFCEE

Director · since 29 avril 2022 · 0807.357.130

Represented by Filip Cailliau

Active
LAMBEFRAN

Director · since 29 avril 2022 · 0426.231.361

Represented by Frank Lambrecht

Active

Ended mandates

De Prycker Consult

bestuurder · since 29 avril 2022 · until 29 avril 2028 · 0694.837.625

Represented by Stefan Albert De Prycker

Ended
De Prycker Consult

bestuurder · since 29 avril 2022 · 0694.837.625

Represented by Stefan De Prycker

Ended
EFCEE

bestuurder · since 29 avril 2022 · until 29 avril 2028 · 0807.357.130

Represented by Filip Cailliau

Ended
EFCEE

bestuurder · since 26 avril 2022 · 0807.357.130

Represented by Filip Cailliau

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution16/07/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/05/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office14/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring08/08/2024
    BENAMING - DOEL - KAPITAAL - AANDELEN - BOEKJAAR - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates15/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2022
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/03/2022
    ONTSLAGEN - BENOEMINGEN
    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 202512,7 M €
  2. 2024
    Annual accounts 20242,6 M €
  3. 30/06/2024
    augmentation_capital
  4. 30/06/2024
    autre
  5. 30/06/2024
    reduction_capital
  6. 01/01/2024
    augmentation_capital
  7. 2023
    Annual accounts 2023439,9 k €
  8. 06/07/2023
    reconductionMoore Audit — commissaris
  9. 2023
    Name changeQteam Services
  10. 2022
    Annual accounts 2022829,6 k €
  11. 29/04/2022
    nominationLAMBEFRAN — bestuurder
  12. 29/04/2022
    nominationDe Prycker Consult — bestuurder
  13. 29/04/2022
    nominationeFCee — bestuurder
  14. 2021
    Annual accounts 2021642,3 k €
  15. 2020
    Annual accounts 2020-487,7 k €
  16. 2020
    Name changeVP LAM Holding
  17. 2019
    Annual accounts 2019205,6 k €
  18. 2018
    Annual accounts 201864,8 k €
  19. 2017
    Annual accounts 201770,8 k €
  20. 2016
    Annual accounts 2016155,4 k €
  21. 2014
    Annual accounts 2014525,8 k €
  22. 2013
    Annual accounts 2013-555,1 k €
  23. 2012
    Annual accounts 2012-328,4 k €
  24. 2011
    Annual accounts 2011315,5 k €
  25. 2010
    Annual accounts 2010691,6 k €
  26. 2009
    Annual accounts 20091,3 M €
  27. 2008
    Annual accounts 20081,2 M €
  28. 2007
    Annual accounts 20071,3 M €
  29. 2006
    Annual accounts 2006684,5 k €
  30. 2005
    Annual accounts 20051,2 M €
  31. 04/03/1994
    IncorporationPublic limited company