ACTIVE

F-KWADRAAT

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Financial year 2025 · closed on 31/12/2025

Net result

-51,1 k €

-13.1% YoY

Gross margin

47,7 k €

+819.4% YoY

Equity

3,3 M €

-1.5% YoY

Workforce

0,0 ETP

What does F-KWADRAAT do?

F-KWADRAAT is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Sint-Katelijne-Waver.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.273.130

Incorporation

22/05/2003

Legal form

Private limited company

Registered office

Beukendreef 36
2860 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

75 400,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Solid equityLow riskGood liquidityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	47,7 k €	+819%	5,2 k €	-67.6%	16 k €	-86.5%	118,2 k €	+238%	-85,7 k €	-146%	186 k €	-34.4%	283,5 k €	+90.5%	148,9 k €	-10.7%	166,7 k €	-20.4%	209,4 k €	+0.5%	208,4 k €	+14.1%	182,7 k €	+6.3%	171,8 k €	-2.4%	176 k €	+15.1%	152,9 k €	+3.2%	148,1 k €	+6.0%	139,7 k €
EBITDA	44,5 k €	+1044%	3,9 k €	-70.2%	13,1 k €	-88.7%	115,9 k €	+226%	-91,8 k €	-151%	179,7 k €	-35.8%	279,9 k €	+97.6%	141,6 k €	-12.3%	161,4 k €	-16.8%	194,1 k €	-2.3%	198,6 k €	+16.2%	170,9 k €	+0.6%	169,9 k €	+8.6%	156,4 k €	+11.1%	140,8 k €	+3.7%	135,7 k €	+4.9%	129,4 k €
Operating result	3,8 k €	+126%	-14,5 k €	-123%	62,8 k €	-39.2%	103,3 k €	+175%	-136,9 k €	-424%	42,3 k €	-81.5%	228,5 k €	+164%	86,6 k €	-20.2%	108,4 k €	-23.4%	141,5 k €	-3.1%	146,1 k €	+23.7%	118,1 k €	+21.2%	97,4 k €	+472%	-26,2 k €	-133%	79 k €	-30.5%	113,7 k €	+33.4%	85,3 k €
Net result	-51,1 k €	-13.1%	-45,2 k €	-242%	31,9 k €	-86.4%	234,1 k €	+292%	-121,7 k €	-718%	-14,9 k €	-101%	2,8 M €	+25646%	-11,1 k €	-129%	38,3 k €	-48.8%	74,7 k €	-8.9%	82 k €	+34.1%	61,1 k €	+4.7%	58,4 k €	-66.0%	171,9 k €	+290%	44,1 k €	-30.6%	63,5 k €	+40.0%	45,4 k €
Balance sheet
Equity	3,3 M €	-1.5%	3,3 M €	-1.3%	3,4 M €	-2.0%	3,4 M €	+7.3%	3,2 M €	-3.3%	3,3 M €	-0.4%	3,3 M €	+491%	564,2 k €	-1.9%	575,3 k €	+0.6%	572,1 k €	+7.5%	532,4 k €	+9.7%	485,4 k €	+10.4%	439,7 k €	+15.3%	381,3 k €	+82.1%	209,4 k €	+26.6%	165,3 k €	+62.4%	101,8 k €
Total assets	6,5 M €	-1.8%	6,6 M €	-2.1%	6,7 M €	-3.7%	7 M €	+1.0%	6,9 M €	-22.4%	8,9 M €	+8.4%	8,2 M €	+20.0%	6,8 M €	+0.0%	6,8 M €	+435%	1,3 M €	-5.1%	1,3 M €	-2.2%	1,4 M €	+0.2%	1,4 M €	+15.3%	1,2 M €	+60.3%	743,7 k €	+28.3%	579,6 k €	-9.0%	636,8 k €
Cash	222,9 k €	+1564%	13,4 k €	-73.9%	51,4 k €	-91.5%	608,1 k €	+712%	74,9 k €	+62.4%	46,1 k €	-59.6%	114,2 k €	+1008%	10,3 k €	-73.4%	38,8 k €	+61.8%	24 k €	+43.9%	16,6 k €	-28.1%	23,2 k €	+110%	11 k €	+37.1%	8,1 k €	-42.0%	13,9 k €	+363%	3 k €	-92.1%	37,9 k €
Debts	3,1 M €	-2.9%	3,2 M €	-3.5%	3,3 M €	-1.8%	3,4 M €	-3.5%	3,5 M €	-32.9%	5,3 M €	+13.6%	4,6 M €	-21.2%	5,9 M €	-2.6%	6 M €	+1177%	471,9 k €	-19.3%	584,9 k €	-12.4%	668 k €	-6.3%	712,9 k €	+20.0%	594,3 k €	+35.1%	439,9 k €	+34.0%	328,4 k €	-27.2%	451,3 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 2 ended

Active mandates

Gefundenes Fressen

Director · since 16 février 2023 · 0797.114.623

Represented by Fien Van Mechelen

Active

Geert Van Mechelen

Director · since 22 mai 2003

Active

Leen Van Keilegom

Director · since 22 mai 2003

Active

Ended mandates

Geert Van Mechelen

Manager

Ended

Leen Van Keilegom

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Gefundenes Fressen● Active	0797.114.623
ROGA HOLDING● Active	0446.592.948

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged 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	20/08/2026	15/07/2025	04/07/2024	05/07/2023	07/07/2022	08/07/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	20/08/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	15/07/2025	Dutch	PDF
Micro model	31/12/2023	11/06/2024	04/07/2024	Dutch	PDF
Micro model	31/12/2022	13/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	08/07/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	19/10/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	10/07/2019	Dutch	PDF
Micro model	31/12/2017	12/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	27/06/2017	Dutch	PDF
Abridged modelCorrection	31/12/2015	14/06/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	13/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 2 ended

Active mandates

Gefundenes Fressen

Director · since 16 février 2023 · 0797.114.623

Represented by Fien Van Mechelen

Active

Geert Van Mechelen

Director · since 22 mai 2003

Active

Leen Van Keilegom

Director · since 22 mai 2003

Active

Ended mandates

Geert Van Mechelen

Manager

Ended

Leen Van Keilegom

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares14/08/2018
KAPITAAL - AANDELEN
PDF
Capital / shares31/01/2014
KAPITAAL - AANDELEN
PDF
Registered office28/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Registered office10/12/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other02/06/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

2025
Annual accounts 2025-51,1 k €↓
2024
Annual accounts 2024-45,2 k €↓
2023
Annual accounts 202331,9 k €↓
2022
Annual accounts 2022234,1 k €↑
2021
Annual accounts 2021-121,7 k €↓
2019
Annual accounts 2019-14,9 k €↓
2018
Annual accounts 20182,8 M €↑
2017
Annual accounts 2017-11,1 k €↓
2016
Annual accounts 201638,3 k €↓
2015
Annual accounts 201574,7 k €↓
2014
Annual accounts 201482 k €↑
2013
Annual accounts 201361,1 k €↑
2012
Annual accounts 201258,4 k €↓
2011
Annual accounts 2011171,9 k €↑
2010
Annual accounts 201044,1 k €↓
2009
Annual accounts 200963,5 k €↑
2008
Annual accounts 200845,4 k €
22/05/2003
IncorporationPrivate 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

F-KWADRAAT

Overview

What does F-KWADRAAT do?

Trend over 17 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