ACTIVE

QUALITY CONCEPT

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Financial year 2024 · closed on 31/12/2024
Net result
165,9 €
-98.6% YoY
Gross margin
29,8 k €
-25.3% YoY
Equity
59,3 k €
+0.3% YoY

What does QUALITY CONCEPT do?

QUALITY CONCEPT is a Private limited company incorporated in 2016. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Menen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0663.618.570
Incorporation
29/09/2016
Legal form
Private limited company
Registered office
Leiestraat 69 box 102
8930 Menen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Activities (NACE)
43221Plumbing, heat and air-conditioning installation· main43221Plumbing, heat and air-conditioning installation43211Electrical installation43211Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212020201920182017
Income statement
Gross margin29,8 k €39,9 k €28,1 k €48,2 k €24,4 k €15,1 k €10,6 k €-5,2 k €
EBITDA25,4 k €34,5 k €22,8 k €43,3 k €22,9 k €13,9 k €10 k €-6,2 k €
Operating result8,4 k €20,6 k €8,5 k €31,5 k €17,6 k €9,4 k €7,4 k €-8,8 k €
Net result165,9 €12 k €982,9 €21,1 k €9 k €6,6 k €6,6 k €-9,6 k €
Balance sheet
Equity59,3 k €59,1 k €47,1 k €46,1 k €25 k €16 k €9,4 k €2,8 k €
Total assets149,5 k €383,5 k €369,5 k €118,9 k €68,2 k €57,9 k €53,8 k €30,5 k €
Cash11,2 k €239,6 k €31,7 k €28,9 k €17,5 k €1,9 k €2,7 k €13,9 k €
Debts90,2 k €324,4 k €282,2 k €72,7 k €43,2 k €41,9 k €44,4 k €27,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 2 ended

Active mandates

Foeke Carton

Manager · since 01 octobre 2016

Active
Geert Carton

Administrator - manager · since 01 octobre 2016

Active

Ended mandates

Foeke Carton

Director · since 01 octobre 2016

Ended
Geert Carton

Director · since 01 octobre 2016

Ended
At this address

Other companies at this address

CompanyCBE no.
CERTAS● Bankrupt
0462.474.719
IMMODEM● Active
0443.166.967
Saunaconstruct● Active
0819.552.307
Vereniging van mede-eigenaars Residentie Ten Ockere te Menen-Lauwe Leiestraat● Active
0503.962.015
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/02/202603/12/202429/02/202402/12/202216/09/202113/07/2020
General meeting27/06/202528/06/202430/06/202324/06/202225/06/202126/06/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202427/06/202506/02/2026DutchPDF
Micro model31/12/202328/06/202403/12/2024DutchPDF
Micro model31/12/202230/06/202329/02/2024DutchPDF
Micro model31/12/202124/06/202202/12/2022DutchPDF
Micro model31/12/202025/06/202116/09/2021DutchPDF
Micro model31/12/201926/06/202013/07/2020DutchPDF
Micro model31/12/201828/06/201912/12/2019DutchPDF
Micro model31/12/201729/06/201829/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2024 · 2 active · 2 ended

Active mandates

Foeke Carton

Manager · since 01 octobre 2016

Active
Geert Carton

Administrator - manager · since 01 octobre 2016

Active

Ended mandates

Foeke Carton

Director · since 01 octobre 2016

Ended
Geert Carton

Director · since 01 octobre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/03/2026
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other03/10/2016
    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. 2024
    Annual accounts 2024165,9 €↓
  2. 2023
    Annual accounts 202312 k €↑
  3. 2022
    Annual accounts 2022982,9 €↓
  4. 2021
    Annual accounts 202121,1 k €↑
  5. 2020
    Annual accounts 20209 k €↑
  6. 2019
    Annual accounts 20196,6 k €↓
  7. 2018
    Annual accounts 20186,6 k €↑
  8. 2017
    Annual accounts 2017-9,6 k €
  9. 29/09/2016
    IncorporationPrivate limited company