ACTIVE

Quinta Essentia Software Development

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Financial year 2024 · closed on 31/12/2024
Net result
-47,8 k €
+38.9% YoY
Gross margin
238,5 k €
+386.5% YoY
Equity
415,6 k €
-10.3% YoY
Workforce
2,2 ETP
+22.2% YoY

What does Quinta Essentia Software Development do?

Quinta Essentia Software Development is a Public limited company incorporated in 1999. Its main activity is: Computer programming activities. Its registered office is in Hasselt. It employs on average 2,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0465.918.219
Incorporation
05/05/1999
Legal form
Public limited company
Registered office
Kempische steenweg 303 box 64
3500 Hasselt · FlandreSee on map
Contributed capital
520 480,68 €
Latest accounts
31/12/2024
Average workforce
2,2 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering72220Research and experimental development on social sciences and humanities
Joint committees (2)
  • 200
  • 218
Signals
Solid equityGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin238,5 k €49 k €47,8 k €-37,8 k €730,3 k €––1,1 M €1,2 M €611,9 k €703 k €600,6 k €722,3 k €650,7 k €662,2 k €583,4 k €419,1 k €261,4 k €
EBITDA-37,3 k €-127,2 k €-168,1 k €-384,9 k €219,1 k €-504,1 k €-202,3 k €569,8 k €618,9 k €-55,1 k €-90,8 k €-124,5 k €36,8 k €94,1 k €118,8 k €116,9 k €134 k €27,3 k €
Operating result-38,8 k €-127,7 k €-347,3 k €-860,7 k €-489,3 k €-1,1 M €-992,9 k €158,1 k €405,7 k €-76,5 k €-129,3 k €-176,5 k €-2,9 k €44,9 k €69,2 k €78,1 k €116,1 k €11,6 k €
Net result-47,8 k €-78,2 k €-480,9 k €-971 k €-590,5 k €-1,2 M €-1 M €141 k €380,6 k €-62,7 k €-135,9 k €-189 k €-5,5 k €41,4 k €66,6 k €50,3 k €73,1 k €3,5 k €
Balance sheet
Equity415,6 k €463,4 k €-3,5 M €-3,1 M €-2,1 M €-1,5 M €-294,7 k €427 k €286,1 k €-94,6 k €-31,8 k €104,1 k €293,1 k €298,6 k €257,2 k €261,4 k €211 k €137,9 k €
Total assets917,1 k €1,1 M €605,2 k €651,1 k €1,3 M €1,6 M €1,2 M €1,2 M €962,8 k €384,8 k €499,5 k €733,5 k €600,5 k €509,3 k €434,6 k €418,9 k €356,7 k €246,9 k €
Cash47,2 k €18,3 k €8,5 k €15,1 k €40,4 k €48,4 k €26,3 k €124 k €40 k €68,9 k €60,6 k €60,7 k €30,8 k €30 k €48,1 k €65,7 k €80 k €101,7 k €
Debts94,6 k €152 k €3,6 M €3,2 M €2,9 M €2,6 M €1,2 M €812,6 k €675,9 k €479,4 k €531,4 k €587,7 k €307,4 k €210,7 k €177,4 k €157,5 k €145,6 k €108,4 k €
Other
Workforce2,2 ETP1,8 ETP2,4 ETP4,5 ETP6,9 ETP7,5 ETP5,8 ETP6,9 ETP7,0 ETP8,1 ETP11,0 ETP9,7 ETP9,1 ETP8,0 ETP8,3 ETP7,2 ETP5,0 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 31 ended

Active mandates

Justin Paige

Director · since 06 juin 2023 · until 19 juin 2029

Active
Oliver Andrews

Director · since 06 juin 2023 · until 19 juin 2029

Active

Ended mandates

Incito

Director · since 28 août 2020 · until 18 juin 2024 · 0521.951.654

Represented by Wim Vanden Driessche

Ended
De Cronos Groep

Director · since 05 avril 2018 · until 18 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 05 avril 2018 · until 18 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Ended
Dirk Deroost

Director · since 05 avril 2018 · until 18 juin 2024

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/09/202526/08/202411/08/202304/08/202219/08/202114/07/2020
General meeting17/06/202518/06/202405/06/202328/06/202215/07/202130/06/2020
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202417/06/202522/09/2025DutchPDF
Abridged model31/12/202318/06/202426/08/2024DutchPDF
Abridged model31/12/202205/06/202311/08/2023DutchPDF
Abridged model31/12/202128/06/202204/08/2022DutchPDF
Abridged model31/12/202015/07/202119/08/2021DutchPDF
Full model31/12/201930/06/202014/07/2020DutchPDF
Full model31/12/201812/07/201905/08/2019DutchPDF
Abridged model30/06/201701/12/201701/02/2018DutchPDF
Abridged model30/06/201602/12/201613/01/2017DutchPDF
Abridged model30/06/201504/12/201518/12/2015DutchPDF
Abridged model30/06/201405/12/201423/12/2014DutchPDF
Abridged model30/06/201329/12/201310/02/2014DutchPDF
Abridged model30/06/201231/12/201219/02/2013DutchPDF
Abridged model30/06/201130/12/201107/02/2012DutchPDF
Abridged model30/06/201031/12/201015/02/2011DutchPDF
Abridged model30/06/200931/12/200926/02/2010DutchPDF
Abridged model30/06/200819/12/200812/01/2009DutchPDF
Abridged model30/06/200707/12/200712/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 2 active · 31 ended

Active mandates

Justin Paige

Director · since 06 juin 2023 · until 19 juin 2029

Active
Oliver Andrews

Director · since 06 juin 2023 · until 19 juin 2029

Active

Ended mandates

Incito

Director · since 28 août 2020 · until 18 juin 2024 · 0521.951.654

Represented by Wim Vanden Driessche

Ended
De Cronos Groep

Director · since 05 avril 2018 · until 18 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 05 avril 2018 · until 18 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Ended
Dirk Deroost

Director · since 05 avril 2018 · until 18 juin 2024

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/06/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates22/02/2018
    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. 2024
    Annual accounts 2024-47,8 k €↑
  2. 2023
    Annual accounts 2023-78,2 k €↑
  3. 2023
    Name changeQuinta Essentia Software Development
  4. 2022
    Annual accounts 2022-480,9 k €↑
  5. 2021
    Annual accounts 2021-971 k €↓
  6. 2021
    Name changeQuESD
  7. 2020
    Annual accounts 2020-590,5 k €↑
  8. 2019
    Annual accounts 2019-1,2 M €↓
  9. 2018
    Annual accounts 2018-1 M €↓
  10. 2017
    Annual accounts 2017141 k €↓
  11. 2016
    Annual accounts 2016380,6 k €↑
  12. 2015
    Annual accounts 2015-62,7 k €↑
  13. 2014
    Annual accounts 2014-135,9 k €↑
  14. 2013
    Annual accounts 2013-189 k €↓
  15. 2012
    Annual accounts 2012-5,5 k €↓
  16. 2011
    Annual accounts 201141,4 k €↓
  17. 2010
    Annual accounts 201066,6 k €↑
  18. 2009
    Annual accounts 200950,3 k €↓
  19. 2008
    Annual accounts 200873,1 k €↑
  20. 2007
    Annual accounts 20073,5 k €
  21. 05/05/1999
    IncorporationPublic limited company