ACTIVE

QUALITYFREES

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Financial year 2025 · closed on 31/12/2025
Net result
83,4 k €
-40.5% YoY
Gross margin
211,7 k €
-7.1% YoY
Equity
125,4 k €
-27.1% YoY
Workforce
0,0 ETP

What does QUALITYFREES do?

QUALITYFREES is a Private limited company incorporated in 2016. Its main activity is: Construction of utility projects for fluids. Its registered office is in Berlare.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0647.807.471
Incorporation
04/02/2016
Legal form
Private limited company
Registered office
Turfputstraat(B) 11
9290 Berlare · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
42219Construction of utility projects for fluids· main42219Construction of utility projects for fluids25210Manufacture of central heating radiators and boilers25300Manufacture of steam generators, except central heating hot water boilers49410Freight transport by road49410Freight transport by road+4
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin211,7 k €227,8 k €133,5 k €13,8 k €80 k €21,5 k €50,6 k €-50,5 k €59,1 k €37,2 k €
EBITDA211,2 k €227 k €133 k €13,2 k €79,5 k €21,1 k €49,1 k €-51,3 k €58,6 k €36,9 k €
Operating result116,1 k €185,9 k €131,9 k €12,3 k €78,7 k €4,8 k €32,8 k €-67,4 k €42,5 k €35,3 k €
Net result83,4 k €140,1 k €95,6 k €7,4 k €63,2 k €2,4 k €31,3 k €-68 k €29,4 k €25,1 k €
Balance sheet
Equity125,4 k €171,9 k €31,8 k €31,2 k €89,7 k €26,5 k €24,1 k €-7,2 k €60,8 k €31,3 k €
Total assets561,1 k €968,2 k €354 k €267,1 k €186,9 k €173,2 k €380,5 k €298,4 k €452,7 k €134,8 k €
Cash72,7 k €41,6 k €66,8 k €45,8 k €15,5 k €25,2 k €35,5 k €32 k €6,6 k €9,5 k €
Debts435,8 k €785,7 k €322,2 k €235,9 k €97,2 k €146,6 k €356,4 k €305,6 k €391,9 k €103,5 k €
Other
Workforce0,0 ETP0,0 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 · 1 active · 2 ended

Active mandates

Bob De Jonghe

Director · since 04 février 2016

Active

Ended mandates

Bob De Jonghe

Manager · since 04 février 2016

Ended
Bob De Jonghe

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
QF PROJECTS● Active
1042.668.737
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date23/06/202623/06/202528/06/202411/07/202320/06/202228/06/2021
General meeting15/06/202615/06/202515/06/202415/06/202315/06/202215/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202623/06/2026DutchPDF
Abridged model31/12/202415/06/202523/06/2025DutchPDF
Micro model31/12/202315/06/202428/06/2024DutchPDF
Micro model31/12/202215/06/202311/07/2023DutchPDF
Micro model31/12/202115/06/202220/06/2022DutchPDF
Micro model31/12/202015/06/202128/06/2021DutchPDF
Micro model31/12/201915/06/202016/07/2020DutchPDF
Micro model31/12/201815/06/201926/07/2019DutchPDF
Micro model31/12/201715/06/201814/08/2018DutchPDF
Micro model31/12/201615/06/201705/07/2017DutchPDF
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 · 1 active · 2 ended

Active mandates

Bob De Jonghe

Director · since 04 février 2016

Active

Ended mandates

Bob De Jonghe

Manager · since 04 février 2016

Ended
Bob De Jonghe

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates11/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2016
    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

Timeline

  1. 2025
    Annual accounts 202583,4 k €↓
  2. 2024
    Annual accounts 2024140,1 k €↑
  3. 2023
    Annual accounts 202395,6 k €↑
  4. 2022
    Annual accounts 20227,4 k €↓
  5. 2021
    Annual accounts 202163,2 k €↑
  6. 2020
    Annual accounts 20202,4 k €↓
  7. 2019
    Annual accounts 201931,3 k €↑
  8. 2018
    Annual accounts 2018-68 k €↓
  9. 2017
    Annual accounts 201729,4 k €↑
  10. 2016
    Annual accounts 201625,1 k €
  11. 04/02/2016
    IncorporationPrivate limited company