ACTIVE

Qargo Tech

Financial year 2025 · closed on 31/12/2025
Net result
423,4 k €
+109.4% YoY
Gross margin
5,0 M €
+81.1% YoY
Equity
1,2 M €
+55.0% YoY
Workforce
52,0 ETP
+85.7% YoY

What does Qargo Tech do?

Qargo Tech is a Private limited company incorporated in 2021. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 52,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0772.640.434
Incorporation
18/08/2021
Legal form
Private limited company
Registered office
Gaston Crommenlaan 4
9050 Gent · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Average workforce
52,0 ETP
Joint committees (2)
  • 200
  • 20000
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin5,0 M €2,7 M €2,0 M €1,1 M €
EBITDA668,4 k €338,5 k €510,9 k €160,3 k €
Operating result590,7 k €291,8 k €474,0 k €127,2 k €
Net result423,4 k €202,2 k €425,6 k €91,5 k €
Balance sheet
Equity1,2 M €769,3 k €567,1 k €141,5 k €
Total assets1,7 M €1,2 M €827,9 k €567,6 k €
Cash463,2 k €184,7 k €142,4 k €83,4 k €
Debts492,4 k €385,8 k €260,8 k €426,1 k €
Other
Workforce52,0 ETP28,0 ETP17,7 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 · 1 active · 3 ended

Active mandates

Jonem

Director · since 31 mars 2026 · 1023.601.903

Represented by Joeri De Turck

Active

Ended mandates

Rise and Grind

Director · since 01 juillet 2024 · 1006.303.932

Represented by Coppens ADRIAAN

Ended
Qargo Tech LTD

Director · since 18 août 2021

Represented by Coppens ADRIAAN

Ended
Qargo Tech LTD.

Director

Represented by Adriaan COPPENS

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202318/08/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months17 months
Filing date23/07/202615/05/202508/07/202403/05/2023
General meeting26/06/202605/05/202528/06/202414/04/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202623/07/2026EnglishPDF
Abridged model31/12/202405/05/202515/05/2025DutchPDF
Abridged model31/12/202328/06/202408/07/2024DutchPDF
Micro model31/12/202214/04/202303/05/2023DutchPDF
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 · 1 active · 3 ended

Active mandates

Jonem

Director · since 31 mars 2026 · 1023.601.903

Represented by Joeri De Turck

Active

Ended mandates

Rise and Grind

Director · since 01 juillet 2024 · 1006.303.932

Represented by Coppens ADRIAAN

Ended
Qargo Tech LTD

Director · since 18 août 2021

Represented by Coppens ADRIAAN

Ended
Qargo Tech LTD.

Director

Represented by Adriaan COPPENS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/02/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/08/2021
    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 2025423,4 k €
  2. 2024
    Annual accounts 2024202,2 k €
  3. 2023
    Annual accounts 2023425,6 k €
  4. 2022
    Annual accounts 202291,5 k €
  5. 18/08/2021
    IncorporationPrivate limited company