ACTIVE

QOVER

Financial year 2025 · closed on 31/12/2025
Net result
-6,8 M €
+20.2% YoY
Revenue
13 M €
+44.6% YoY
Equity
9,2 M €
-42.4% YoY
Workforce
116,2 ETP
+7.9% YoY

What does QOVER do?

QOVER is a Public limited company incorporated in 2016. Its registered office is in Bruxelles. It employs on average 116,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.939.878
Incorporation
31/03/2016
Legal form
Public limited company
Registered office
Rue du Commerce 31
1000 Bruxelles · BruxellesSee on map
Contributed capital
59 182 686,51 €
Latest accounts
31/12/2025
Average workforce
116,2 ETP
Joint committees (2)
  • 100
  • 307
Signals
Good liquidityHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Revenue13 M €9 M €6,4 M €
EBITDA-6,5 M €-8,2 M €-7,1 M €-11,3 M €-4,5 M €-3,1 M €-2,7 M €-2,1 M €-1 M €-385,9 k €
Operating result-6,7 M €-8,4 M €-7,2 M €-11,6 M €-5 M €-3,5 M €-3,1 M €-2,5 M €-1,2 M €-389,5 k €
Net result-6,8 M €-8,5 M €-7,5 M €-11,7 M €-5 M €-3,5 M €-3 M €-2,5 M €-1,2 M €-390,5 k €
Balance sheet
Equity9,2 M €16 M €10 M €6,4 M €18,2 M €3,2 M €6,8 M €3,4 M €6 M €459,5 k €
Total assets35,3 M €36,1 M €29,3 M €13,8 M €23,3 M €5,1 M €7,7 M €3,9 M €6,1 M €497,4 k €
Cash13,5 M €9,4 M €11,5 M €9,7 M €19,9 M €3,4 M €6,5 M €2,3 M €5,1 M €457,9 k €
Debts26,1 M €20 M €19,1 M €7,4 M €5 M €1,8 M €910,2 k €510,5 k €187,6 k €37,8 k €
Other
Workforce116,2 ETP107,7 ETP83,6 ETP91,6 ETP60,2 ETP35,1 ETP28,8 ETP25,2 ETP10,4 ETP3,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 20 ended

Active mandates

Joost HOLLEMAN

Director · since 30 janvier 2025 · until 23 avril 2027

Active
ZURICH INSURANCE COMPANY LTD AUTRE

Director · since 27 juin 2023 · until 26 juin 2029 · 0803.767.437

Represented by Emel CAN

Active
JCV CONSULT

Director · since 23 avril 2021 · until 22 avril 2027 · 0650.792.893

Represented by VELGE JEAN-CHARLES

Active
QC CONSULT

Managing director · since 23 avril 2021 · until 22 avril 2027 · 0650.790.618

Represented by COLMANT QUENTIN

Active
Rodolphe MENEGAUX

Director · since 23 avril 2021 · until 22 avril 2027

Active
Yann RANCHERE

Director · since 23 avril 2021 · until 22 avril 2027

Active

Ended mandates

ZURICH INSURANCE COMPANY LTD

Director · since 27 juin 2023 · until 26 juin 2029 · 0803.767.437

Represented by Jan HINRICHS

Ended
DEEP FOREST

Director · since 10 novembre 2022 · until 23 avril 2027 · 0450.694.068

Represented by Laurent Coppieters 't Wallant

Ended
DEEP FOREST

Director · since 21 octobre 2022 · until 27 juin 2023 · 0450.694.068

Represented by Laurent Coppieters 't Wallant

Ended
Grégoire de Streel

Director · since 23 avril 2021 · until 10 novembre 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull 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 date29/06/202625/07/202517/06/202419/07/202313/06/202209/08/2021
General meeting19/05/202620/05/202524/05/202427/06/202317/05/202221/04/2021
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
Full model31/12/202519/05/202629/06/2026FrenchPDF
Full model31/12/202420/05/202525/07/2025FrenchPDF
Full model31/12/202324/05/202417/06/2024FrenchPDF
Abridged model31/12/202227/06/202319/07/2023FrenchPDF
Abridged model31/12/202117/05/202213/06/2022FrenchPDF
Abridged model31/12/202021/04/202109/08/2021FrenchPDF
Abridged model31/12/201919/05/202025/08/2020FrenchPDF
Abridged model31/12/201815/05/201918/06/2019FrenchPDF
Abridged model31/12/201715/05/201828/08/2018FrenchPDF
Abridged model31/12/201619/09/201721/09/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 6 active · 20 ended

Active mandates

Joost HOLLEMAN

Director · since 30 janvier 2025 · until 23 avril 2027

Active
ZURICH INSURANCE COMPANY LTD AUTRE

Director · since 27 juin 2023 · until 26 juin 2029 · 0803.767.437

Represented by Emel CAN

Active
JCV CONSULT

Director · since 23 avril 2021 · until 22 avril 2027 · 0650.792.893

Represented by VELGE JEAN-CHARLES

Active
QC CONSULT

Managing director · since 23 avril 2021 · until 22 avril 2027 · 0650.790.618

Represented by COLMANT QUENTIN

Active
Rodolphe MENEGAUX

Director · since 23 avril 2021 · until 22 avril 2027

Active
Yann RANCHERE

Director · since 23 avril 2021 · until 22 avril 2027

Active

Ended mandates

ZURICH INSURANCE COMPANY LTD

Director · since 27 juin 2023 · until 26 juin 2029 · 0803.767.437

Represented by Jan HINRICHS

Ended
DEEP FOREST

Director · since 10 novembre 2022 · until 23 avril 2027 · 0450.694.068

Represented by Laurent Coppieters 't Wallant

Ended
DEEP FOREST

Director · since 21 octobre 2022 · until 27 juin 2023 · 0450.694.068

Represented by Laurent Coppieters 't Wallant

Ended
Grégoire de Streel

Director · since 23 avril 2021 · until 10 novembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares24/04/2026
    CAPITAL, ACTIONS
    PDF
  • Mandates13/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares04/03/2026
    CAPITAL, ACTIONS
    PDF
  • Mandates21/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/07/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares28/05/2024
    CAPITAL, ACTIONS
    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 2025-6,8 M €
  2. 2024
    Annual accounts 2024-8,5 M €
  3. 2023
    Annual accounts 2023-7,5 M €
  4. 2022
    Annual accounts 2022-11,7 M €
  5. 2021
    Annual accounts 2021-5 M €
  6. 2020
    Annual accounts 2020-3,5 M €
  7. 2019
    Annual accounts 2019-3 M €
  8. 2018
    Annual accounts 2018-2,5 M €
  9. 2017
    Annual accounts 2017-1,2 M €
  10. 2016
    Annual accounts 2016-390,5 k €
  11. 31/03/2016
    IncorporationPublic limited company