QRF MANAGEMENT
0537.925.079 · rovalta.com · 22/09/2026
ACTIVE
QRF MANAGEMENT
Financial year 2023 · closed on 31/12/2023
Net result
276,4 k €
+11.5% YoY
Gross margin
368,8 k €
+20.6% YoY
Equity
203,5 k €
+14.9% YoY
Overview
What does QRF MANAGEMENT do?
QRF MANAGEMENT is a Public limited company incorporated in 2013. Its registered office is in Oostende.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0537.925.079
Incorporation
03/09/2013
Legal form
Public limited company
Registered office
Oud Vliegveld 12
8400 Oostende · FlandreSee on map
8400 Oostende · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2023
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 9 financial years
| 2023 | 2022 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||
| Gross margin | 368,8 k € | +20.6% | 305,8 k € | -9.4% | 337,4 k € | -1.7% | 343,1 k € | – | – | – | – | – | |||||
| EBITDA | 368,3 k € | +20.6% | 305,4 k € | -9.3% | 336,9 k € | -1.4% | 341,7 k € | +36.6% | 250,1 k € | -32.4% | 370,3 k € | +9.4% | 338,5 k € | +117% | 156,3 k € | +2193% | -7,5 k € |
| Operating result | 368,3 k € | +20.6% | 305,4 k € | -9.3% | 336,9 k € | -1.4% | 341,7 k € | +36.6% | 250,1 k € | -32.4% | 370,3 k € | +9.4% | 338,5 k € | +117% | 156,3 k € | +2193% | -7,5 k € |
| Net result | 276,4 k € | +11.5% | 247,9 k € | -2.2% | 253,5 k € | +10.2% | 230 k € | +29.7% | 177,4 k € | -26.7% | 242,1 k € | -28.2% | 337,4 k € | +117% | 155,2 k € | +1962% | -8,3 k € |
| Balance sheet | |||||||||||||||||
| Equity | 203,5 k € | +14.9% | 177,1 k € | -1.2% | 179,2 k € | -20.6% | 225,6 k € | -8.1% | 245,6 k € | +260% | 68,2 k € | -10.4% | 76,2 k € | +10.7% | 68,8 k € | +29.5% | 53,2 k € |
| Total assets | 464,2 k € | -21.0% | 587,6 k € | +6.7% | 550,9 k € | -10.8% | 617,9 k € | +41.1% | 437,9 k € | -42.0% | 754,5 k € | +28.8% | 585,9 k € | +77.7% | 329,7 k € | +247% | 94,9 k € |
| Cash | 18,4 k € | +15222% | 119,9 € | -99.7% | 47,5 k € | -67.1% | 144,4 k € | +227% | 44,1 k € | +134% | 18,9 k € | -55.4% | 42,3 k € | +1802% | 2,2 k € | +1404% | 147,8 € |
| Debts | 260,7 k € | -36.5% | 410,4 k € | +10.4% | 371,6 k € | -5.2% | 392,2 k € | +105% | 191,5 k € | -72.1% | 686,3 k € | +42.7% | 480,8 k € | +106% | 233 k € | +458% | 41,7 k € |
| Other | |||||||||||||||||
| Workforce | – | – | – | – | 0,8 ETP | -20.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | – | |||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2023 · 6 active · 23 ended
Active mandates
Francis Vanderhoydonck
ActiveFrank De Moor
ActiveInge Boets
ActiveJan Brouwers
ActiveStefanie Vanden Broucke
ActiveWilliam Vanmoerkerke
ActiveEnded mandates
Francis Vanderhoydonck
EndedWilliam Vanmoerkerke
EndedWilliam Vanmoerkerke
EndedAnneleen Desmyter
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
2IM● Active | 0888.808.129 |
De Noordzee● Active | 0724.726.392 |
De Vuurtoren● Active | 0768.961.758 |
HORIZON RETAIL INVESTERINGEN MVV● Active | 0458.894.033 |
HORIZON RETAIL INVESTERINGEN WP● Active | 0895.655.438 |
HOTEL BEL EUR● Active | 0446.006.295 |
KEIGNAERT INVEST● Active | 0451.926.463 |
LTI (be)● Active | 1012.135.018 |
NOORDZEE INVESTMENTS● Active | 0899.497.628 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Abridged model | Micro model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 9 months | 12 months | 12 months | 12 months |
| Filing date | 25/03/2026 | 19/07/2024 | 18/08/2023 | 02/11/2022 | 25/10/2021 | 25/09/2020 |
| General meeting | 02/06/2025 | 03/06/2024 | 05/06/2023 | 21/09/2022 | 16/09/2021 | 11/09/2020 |
| 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
11 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 02/06/2025 | 25/03/2026 | Dutch | |
| Micro model | 31/12/2023 | 03/06/2024 | 19/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 05/06/2023 | 18/08/2023 | Dutch | |
| Abridged model | 31/03/2022 | 21/09/2022 | 02/11/2022 | Dutch | |
| Micro model | 31/03/2021 | 16/09/2021 | 25/10/2021 | Dutch | |
| Abridged model | 31/03/2020 | 11/09/2020 | 25/09/2020 | Dutch | |
| Full model | 31/03/2019 | 18/09/2019 | 14/11/2019 | Dutch | |
| Full model | 31/03/2018 | 19/09/2018 | 19/10/2018 | Dutch | |
| Full model | 31/03/2017 | 20/09/2017 | 06/10/2017 | Dutch | |
| Full model | 31/03/2016 | 21/09/2016 | 06/10/2016 | Dutch | |
| Full model | 31/03/2015 | 16/09/2015 | 26/10/2015 | Dutch |
Valuation
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.
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 31/12/2023 · 6 active · 23 ended
Active mandates
Francis Vanderhoydonck
ActiveFrank De Moor
ActiveInge Boets
ActiveJan Brouwers
ActiveStefanie Vanden Broucke
ActiveWilliam Vanmoerkerke
ActiveEnded mandates
Francis Vanderhoydonck
EndedWilliam Vanmoerkerke
EndedWilliam Vanmoerkerke
EndedAnneleen Desmyter
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates02/10/2024ONTSLAGEN - BENOEMINGEN
- Other21/12/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates15/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates22/11/2021ONTSLAGEN - BENOEMINGEN
- Mandates04/05/2021ONTSLAGEN - BENOEMINGEN
- Mandates21/06/2019ONTSLAGEN - BENOEMINGEN
- Mandates15/04/2019ONTSLAGEN - BENOEMINGEN
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
- 2023Annual accounts 2023276,4 k €↑
- 2022Annual accounts 2022247,9 k €↓
- 2022Annual accounts 2022253,5 k €↑
- 2020Annual accounts 2020230 k €↑
- 2019Annual accounts 2019177,4 k €↓
- 2018Annual accounts 2018242,1 k €↓
- 2017Annual accounts 2017337,4 k €↑
- 2016Annual accounts 2016155,2 k €↑
- 2015Annual accounts 2015-8,3 k €
- 03/09/2013IncorporationPublic limited company