ACTIVE

Q-group

Financial year 2025 · closed on 31/12/2025
Net result
631,5 k €
-21.1% YoY
Revenue
1,8 M €
-34.5% YoY
Equity
15,7 M €
-6.4% YoY

What does Q-group do?

Q-group is a Public limited company incorporated in 1995. Its main activity is: Activities of holding companies. Its registered office is in Lokeren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.859.625
Incorporation
24/03/1995
Legal form
Public limited company
Registered office
Moortelstraat 21D
9160 Lokeren · FlandreSee on map
Contributed capital
4 900 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Revenue1,8 M €2,8 M €2,5 M €3,4 M €2,2 M €2,4 M €2,9 M €2,8 M €3,2 M €2 M €1,3 M €1,5 M €715 k €625 k €650 k €562,6 k €140 k €120 k €
EBITDA2,8 k €1,1 M €764,5 k €1,6 M €634,3 k €12,7 k €1,1 M €1,2 M €1,6 M €657 k €15 k €61,3 k €59,6 k €4,9 k €108,1 k €232,3 k €110,4 k €94,6 k €
Operating result2,8 k €1,1 M €764,5 k €1,6 M €624,5 k €12 k €1,1 M €1,2 M €1,6 M €657 k €15 k €61,3 k €59,6 k €4,9 k €101 k €221,2 k €105,7 k €94,6 k €
Net result631,5 k €800,7 k €1,3 M €2,5 M €-346,8 k €172,2 k €1,2 M €797,1 k €2,3 M €424 k €8,4 k €1,9 k €39,8 k €10,5 k €1 M €88,5 k €87,9 k €149,2 k €
Balance sheet
Equity15,7 M €16,7 M €15,2 M €13,6 M €11,9 M €14,9 M €15,5 M €13,4 M €11,4 M €8,5 M €7,9 M €7,9 M €7,1 M €6,5 M €7 M €6 M €2,7 M €2 M €
Total assets20,3 M €23,2 M €21,1 M €20,9 M €22,1 M €21,5 M €18,1 M €15,2 M €14,8 M €9,8 M €8,5 M €8,1 M €7,1 M €6,6 M €7,1 M €6,1 M €3 M €2,3 M €
Cash313 k €292,3 k €457,7 k €824 k €772,3 k €11,9 k €783,5 k €87,5 k €1,3 M €156,7 k €82,9 k €203,1 k €54,5 k €109,2 k €162,1 k €10,8 k €31,3 k €30,9 k €
Debts4,7 M €6,5 M €5,9 M €7,3 M €10,2 M €6,6 M €2,6 M €1,8 M €3,4 M €1,3 M €566,4 k €115,4 k €24,7 k €64,2 k €184,7 k €142,7 k €298,1 k €281,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 76 ended

Active mandates

Business for Growth

Director · since 26 mars 2026 · until 05 avril 2030 · 0727.594.426

Represented by Ann Biebuyck

Active
You Never Work Alone

Director · since 26 mars 2026 · until 05 avril 2030 · 1025.745.306

Represented by Tom Bonnarens

Active
B.H.W. (Robert) van Ballegooijen

Director · since 01 janvier 2024 · until 05 avril 2030

Active
GDB MANAGEMENT SERVICES

Managing director · since 01 janvier 2024 · until 26 mars 2026 · 0474.580.616

Represented by Guy De Bruycker

Active
Ge & S

Director · since 01 janvier 2024 · until 26 mars 2026 · 0865.012.643

Represented by Gert De Bruycker

Active
P.H.J. Pieter Geraerts

Director · since 01 janvier 2024 · until 05 avril 2030

Active

Ended mandates

GDB MANAGEMENT SERVICES

Managing director · since 01 janvier 2024 · until 05 avril 2030 · 0474.580.616

Represented by Guy DE BRUYCKER

Ended
Ge & S

Director · since 01 janvier 2024 · until 05 avril 2030 · 0865.012.643

Represented by Gert DE BRUYCKER

Ended
EDB MANAGEMENT

Director · since 30 août 2021 · until 31 décembre 2023 · 0822.926.818

Represented by Etienne DE BRUYCKER

Ended
EDB MANAGEMENT

Director · since 30 août 2021 · until 02 avril 2027 · 0822.926.818

Represented by Etienne DE BRUYCKER

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 date15/07/202631/07/202529/07/202417/08/202319/07/202230/09/2021
General meeting03/07/202624/07/202525/07/202420/07/202305/07/202230/08/2021
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

38 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202503/07/202615/07/2026DutchPDF
Full model31/12/202424/07/202531/07/2025DutchPDF
Consolidated accounts31/12/202424/07/202501/08/2025DutchPDF
Full model31/12/202325/07/202429/07/2024DutchPDF
Consolidated accounts31/12/202325/07/202420/08/2024DutchPDF
Full model31/12/202220/07/202317/08/2023DutchPDF
Consolidated accounts31/12/202220/07/202317/08/2023DutchPDF
Full model31/12/202105/07/202219/07/2022DutchPDF
Consolidated accounts31/12/202105/07/202219/07/2022DutchPDF
Full model31/12/202030/08/202130/09/2021DutchPDF
Consolidated accounts31/12/202030/08/202129/09/2021DutchPDF
Full model31/12/201922/10/202030/10/2020DutchPDF
Consolidated accounts31/12/201922/10/202030/10/2020DutchPDF
Full model31/12/201819/07/201929/08/2019DutchPDF
Consolidated accounts31/12/201819/07/201929/08/2019DutchPDF
Full model31/12/201729/06/201822/08/2018DutchPDF
Consolidated accounts31/12/201729/06/201822/08/2018DutchPDF
Full model31/12/201630/06/201711/07/2017DutchPDF
Consolidated accountsCorrection31/12/201630/06/201724/08/2017DutchPDF
Consolidated accounts31/12/201630/06/201713/07/2017DutchPDF
Full model31/12/201509/05/201623/06/2016DutchPDF
Consolidated accounts31/12/201509/05/201624/06/2016DutchPDF
Full model31/12/201415/06/201516/07/2015DutchPDF
Consolidated accounts31/12/201415/06/201515/07/2015DutchPDF

View all 38 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 6 active · 76 ended

Active mandates

Business for Growth

Director · since 26 mars 2026 · until 05 avril 2030 · 0727.594.426

Represented by Ann Biebuyck

Active
You Never Work Alone

Director · since 26 mars 2026 · until 05 avril 2030 · 1025.745.306

Represented by Tom Bonnarens

Active
B.H.W. (Robert) van Ballegooijen

Director · since 01 janvier 2024 · until 05 avril 2030

Active
GDB MANAGEMENT SERVICES

Managing director · since 01 janvier 2024 · until 26 mars 2026 · 0474.580.616

Represented by Guy De Bruycker

Active
Ge & S

Director · since 01 janvier 2024 · until 26 mars 2026 · 0865.012.643

Represented by Gert De Bruycker

Active
P.H.J. Pieter Geraerts

Director · since 01 janvier 2024 · until 05 avril 2030

Active

Ended mandates

GDB MANAGEMENT SERVICES

Managing director · since 01 janvier 2024 · until 05 avril 2030 · 0474.580.616

Represented by Guy DE BRUYCKER

Ended
Ge & S

Director · since 01 janvier 2024 · until 05 avril 2030 · 0865.012.643

Represented by Gert DE BRUYCKER

Ended
EDB MANAGEMENT

Director · since 30 août 2021 · until 31 décembre 2023 · 0822.926.818

Represented by Etienne DE BRUYCKER

Ended
EDB MANAGEMENT

Director · since 30 août 2021 · until 02 avril 2027 · 0822.926.818

Represented by Etienne DE BRUYCKER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/10/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates17/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/08/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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. 2025
    Annual accounts 2025631,5 k €
  2. 2024
    Annual accounts 2024800,7 k €
  3. 2023
    Annual accounts 20231,3 M €
  4. 2022
    Annual accounts 20222,5 M €
  5. 2021
    Annual accounts 2021-346,8 k €
  6. 2018
    Annual accounts 2018172,2 k €
  7. 2017
    Annual accounts 20171,2 M €
  8. 2016
    Annual accounts 2016797,1 k €
  9. 2015
    Annual accounts 20152,3 M €
  10. 2014
    Annual accounts 2014424 k €
  11. 2013
    Annual accounts 20138,4 k €
  12. 2012
    Annual accounts 20121,9 k €
  13. 2011
    Annual accounts 201139,8 k €
  14. 2010
    Annual accounts 201010,5 k €
  15. 2009
    Annual accounts 20091 M €
  16. 2008
    Annual accounts 200888,5 k €
  17. 2007
    Annual accounts 200787,9 k €
  18. 2006
    Annual accounts 2006149,2 k €
  19. 24/03/1995
    IncorporationPublic limited company