ACTIVE

QS LOGISTICS

Financial year 2025 · closed on 31/08/2025
Net result
198,8 k €
-32.9% YoY
Gross margin
971,3 k €
-5.8% YoY
Equity
1,1 M €
+22.1% YoY

What does QS LOGISTICS do?

QS LOGISTICS is a Public limited company incorporated in 2020. Its main activity is: Development of building projects. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0740.801.173
Incorporation
06/01/2020
Legal form
Public limited company
Registered office
Place du Samedi 1
1000 Bruxelles · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/08/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin971,3 k €1 M €926,2 k €744,2 k €542,9 k €396,3 k €
EBITDA895,3 k €957,1 k €856,8 k €700,9 k €529 k €396,3 k €
Operating result510,8 k €576,6 k €476,7 k €322,2 k €28 k €182,8 k €
Net result198,8 k €296,3 k €310,4 k €207,7 k €-55,7 k €72,4 k €
Balance sheet
Equity1,1 M €897,8 k €601,5 k €291,1 k €83,4 k €139,2 k €
Total assets6,6 M €7,7 M €4 M €4,3 M €4,7 M €5,2 M €
Cash5 k €9,6 k €51,8 k €47,5 k €39 k €149,2 k €
Debts5,5 M €6,8 M €3,4 M €4 M €4,6 M €5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 3 active · 4 ended

Active mandates

Dan APPELSTEIN

Director · since 04 février 2022 · until 04 février 2028

Active
Jacques APPELSTEIN

Director · since 08 janvier 2020 · until 06 février 2025

Active
Stephan JEGER

Director · since 08 janvier 2020 · until 06 février 2026

Active

Ended mandates

Henri Appelstein

Director · since 08 janvier 2020 · until 04 février 2022

Ended
Henri Appelstein

Director · since 08 janvier 2020 · until 10 février 2025

Ended
Jacques Appelstein

Director · since 08 janvier 2020 · until 10 février 2025

Ended
Stephan Jeger

Director · since 08 janvier 2020 · until 10 février 2025

Ended
At this address

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G2G FASHIONActive
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IMMO APPELSActive
0449.442.570
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LMServicesActive
0637.841.613
MAGAPActive
0832.750.047
MZL IMMOActive
0874.915.056
0833.211.687
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STEINCOActive
0746.551.689
WATERDROPSActive
0642.986.967
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202006/01/2020
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months8 months
Filing date26/03/202614/03/202526/02/202403/03/202311/03/202209/03/2021
General meeting06/02/202607/02/202502/02/202403/02/202308/02/202208/02/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202506/02/202626/03/2026FrenchPDF
Abridged model31/08/202407/02/202514/03/2025FrenchPDF
Abridged model31/08/202302/02/202426/02/2024FrenchPDF
Abridged model31/08/202203/02/202303/03/2023FrenchPDF
Abridged model31/08/202108/02/202211/03/2022FrenchPDF
Abridged model31/08/202008/02/202109/03/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/08/2025 · 3 active · 4 ended

Active mandates

Dan APPELSTEIN

Director · since 04 février 2022 · until 04 février 2028

Active
Jacques APPELSTEIN

Director · since 08 janvier 2020 · until 06 février 2025

Active
Stephan JEGER

Director · since 08 janvier 2020 · until 06 février 2026

Active

Ended mandates

Henri Appelstein

Director · since 08 janvier 2020 · until 04 février 2022

Ended
Henri Appelstein

Director · since 08 janvier 2020 · until 10 février 2025

Ended
Jacques Appelstein

Director · since 08 janvier 2020 · until 10 février 2025

Ended
Stephan Jeger

Director · since 08 janvier 2020 · until 10 février 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/01/2023
    SIEGE SOCIAL
    PDF
  • Mandates29/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/01/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025198,8 k €
  2. 2024
    Annual accounts 2024296,3 k €
  3. 2023
    Annual accounts 2023310,4 k €
  4. 2022
    Annual accounts 2022207,7 k €
  5. 2021
    Annual accounts 2021-55,7 k €
  6. 2020
    Annual accounts 202072,4 k €
  7. 06/01/2020
    IncorporationPublic limited company