ACTIVE

QULACO

Financial year 2025 · closed on 31/12/2025
Net result
121,8 k €
+1179.7% YoY
Gross margin
1,6 M €
+23.6% YoY
Equity
1,2 M €
+8.3% YoY
Workforce
20,4 ETP
+24.4% YoY

What does QULACO do?

QULACO is a Private limited company incorporated in 2016. Its main activity is: Manufacture of ready-mixed concrete. Its registered office is in Tessenderlo-Ham. It employs on average 20,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0648.679.976
Incorporation
15/02/2016
Legal form
Private limited company
Registered office
Geenrode 15
3980 Tessenderlo-Ham · FlandreSee on map
Contributed capital
68 600,00 €
Latest accounts
31/12/2025
Average workforce
20,4 ETP
Joint committees (2)
  • 10602
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin1,6 M €1,3 M €996 k €827,7 k €1,1 M €1,1 M €1,1 M €908,6 k €641 k €137,2 k €
EBITDA439,7 k €291,6 k €248,3 k €246,1 k €367,4 k €510,5 k €452,3 k €391 k €316,6 k €67,8 k €
Operating result232 k €96,4 k €118,7 k €130 k €137 k €461,4 k €399,2 k €323 k €271,2 k €37,7 k €
Net result121,8 k €9,5 k €39,6 k €84,9 k €30,1 k €275,5 k €243,2 k €205,9 k €151,6 k €21,9 k €
Balance sheet
Equity1,2 M €1,1 M €1,1 M €1,1 M €996,8 k €966,7 k €691,2 k €448 k €242,1 k €90,5 k €
Total assets3,1 M €3,3 M €2,8 M €3,2 M €3,2 M €4,3 M €1,6 M €1,3 M €1,3 M €541,2 k €
Cash242,5 k €240,1 k €145,6 k €273,8 k €917,7 k €129 k €56,5 k €163,4 k €146,5 k €53,7 k €
Debts1,9 M €2,2 M €1,6 M €2,1 M €2,2 M €3,3 M €897,7 k €805,2 k €1,1 M €450,7 k €
Other
Workforce20,4 ETP16,4 ETP13,8 ETP9,5 ETP13,8 ETP11,7 ETP11,3 ETP2,1 ETP
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 · 2 active · 4 ended

Active mandates

Jan Latet

Director

Active
Roy Quinten

Director

Active

Ended mandates

Jan Latet

Manager · since 15 février 2016 · until 31 décembre 2016

Ended
Roy Quinten

Manager · since 15 février 2016 · until 31 décembre 2016

Ended
Jan Latet

Manager

Ended
Roy Quinten

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date25/08/202618/08/202521/06/202421/06/202312/08/202211/08/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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 model31/12/202512/06/202625/08/2026DutchPDF
Abridged model31/12/202413/06/202518/08/2025DutchPDF
Abridged model31/12/202314/06/202421/06/2024DutchPDF
Abridged model31/12/202209/06/202321/06/2023DutchPDF
Abridged model31/12/202110/06/202212/08/2022DutchPDF
Abridged model31/12/202011/06/202111/08/2021DutchPDF
Abridged model31/12/201929/05/202002/06/2020DutchPDF
Micro model31/12/201814/06/201907/08/2019DutchPDF
Micro model31/12/201716/04/201823/04/2018DutchPDF
Abridged model31/12/201609/06/201714/06/2017DutchPDF
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 · 2 active · 4 ended

Active mandates

Jan Latet

Director

Active
Roy Quinten

Director

Active

Ended mandates

Jan Latet

Manager · since 15 février 2016 · until 31 décembre 2016

Ended
Roy Quinten

Manager · since 15 février 2016 · until 31 décembre 2016

Ended
Jan Latet

Manager

Ended
Roy Quinten

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/12/2025
    DIVERSEN
    PDF
  • Mandates27/11/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/06/2021
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/02/2016
    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 2025121,8 k €
  2. 2024
    Annual accounts 20249,5 k €
  3. 2023
    Annual accounts 202339,6 k €
  4. 2022
    Annual accounts 202284,9 k €
  5. 2021
    Annual accounts 202130,1 k €
  6. 2020
    Annual accounts 2020275,5 k €
  7. 2019
    Annual accounts 2019243,2 k €
  8. 2018
    Annual accounts 2018205,9 k €
  9. 2017
    Annual accounts 2017151,6 k €
  10. 2016
    Annual accounts 201621,9 k €
  11. 15/02/2016
    IncorporationPrivate limited company