ACTIVE

QSM

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Financial year 2025 · Closed on 31/12/2025

Net result229,3 k €-33,2 %over 1 year

Gross margin1,6 M €-2,9 %over 1 year

Equity551,4 k €+71,2 %over 1 year

Workforce16,6 ETP+8,5 %over 1 year

Identity

Source · BCE/KBO

QSM is a Private limited company incorporated in 2010. Its main activity is: Fitness facilities. Its registered office is in Genk. It employs on average 16,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0826.585.005
Incorporation: 09/06/2010
Legal form: Private limited company
Registered office: C-Mine 12
3600 Genk · FlandreSee on map
Contributed capital: 850 000,00 €
Latest accounts: 31/12/2025
Average workforce: 16,6 ETP

Activities (NACE)

93130Fitness facilities· main 93130Fitness facilities 47716Retail sale of clothing in specialised stores 47716Retail sale of clothing in specialised stores 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities+2

Joint committees (2)

314
31400

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,6 M €	-2.9%	1,6 M €	+27.5%	1,3 M €	+45.7%	888,1 k €	+439%	164,7 k €
EBITDA	678,3 k €	-21.1%	859,7 k €	+144%	352,6 k €	+8.1%	326,3 k €	+469%	-88,4 k €
Operating result	308,9 k €	-31.1%	448,7 k €	+327%	-198 k €	-254%	-55,9 k €	+88.1%	-469,4 k €
Net result	229,3 k €	-33.2%	343,3 k €	+219%	-288,3 k €	-152%	-114,4 k €	+77.2%	-501,8 k €
Balance sheet
Equity	551,4 k €	+71.2%	322,2 k €	+139%	-821,1 k €	-54.1%	-532,7 k €	-27.4%	-418,3 k €
Total assets	2,7 M €	+10.9%	2,4 M €	+42.1%	1,7 M €	+6.3%	1,6 M €	-12.3%	1,8 M €
Cash	467,6 k €	+66.4%	281 k €	+168%	105 k €	+103%	51,8 k €	-32.8%	77,1 k €
Debts	2,1 M €	+7.1%	2 M €	-17.8%	2,4 M €	+14.5%	2,1 M €	-5.8%	2,2 M €
Other
Workforce	16,6 ETP	+8.5%	15,3 ETP	+0.7%	15,2 ETP	+29.9%	11,7 ETP	+19.4%	9,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
REBANO0732.654.163Represented by Rob Simons	Directorsince 28/11/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CHRIS SCHREURS	Director29/01/2021 → 2022 accounts
CHRIS SCHRUERS	Director29/01/2021 → 2023 accounts
Nobelco0732.629.617Represented by Vincent Jamaer	Director28/11/2019 → 2019 accounts

Other companies at this address

C-Mine 12 3600 Genk

Company	CBE no.
ALPHA SECURITY● Bankrupt	0726.700.145
ANNELIES & CO● Active	0723.424.614
ARTURA● Active	0780.961.153
ASA COLLECTIVE● Active	1028.253.349
ASPECT ANALYTICS● Active	0715.520.401
C-MINE CRIB● Active	0845.851.975
COUCH POTATO STUDIOS● Active	1011.010.610
Curavis Belgium● Active	1025.694.034
dLive● Bankrupt	0667.527.868
EXCELLENT EPOXYVLOEREN● Bankrupt	0806.314.973
Fitness Liedekerke● Active	0777.946.334
HeartCoded● Active	1007.799.613
IK-ON● Active	1033.379.404
IMPULS● Active	0420.892.205
KesselsGranger Designworks● Active	0688.696.634
King Arthur● Active	0460.123.260
LiveGroup● Active	0802.871.176
MECHFIT● Active	0465.635.731
MED@ CONSULTING● Active	0874.719.076
MIALI Agency● Active	1043.996.647

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	18/08/2025	28/08/2024	31/08/2023	29/07/2022	22/07/2021
General meeting	08/05/2026	18/08/2025	28/06/2024	29/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/05/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	18/08/2025	18/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	29/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	11/09/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	30/08/2012	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
REBANO0732.654.163Represented by Rob Simons	Directorsince 28/11/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CHRIS SCHREURS	Director29/01/2021 → 2022 accounts
CHRIS SCHRUERS	Director29/01/2021 → 2023 accounts
Nobelco0732.629.617Represented by Vincent Jamaer	Director28/11/2019 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office28/09/2026
Zetelverplaatsing
PDF
Mandates14/08/2026
Ontslag en benoeming bestuurder
PDF
Capital / shares17/07/2024
KAPITAAL - AANDELEN
PDF
Mandates04/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates18/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/10/2015
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

REBANO

CHRIS SCHREURS

CHRIS SCHRUERS

Nobelco

RS CONSULTANCY

Valerie Jamaer

Rob Simons

Raf Swerts

20102011201220132014201520162017201820192020202120222023202420252026

QSM

Grote Baan 205, 3530 Houthalen-Helchteren

Director

DirectorAdministrator - managerManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
C-Mine 12, 3600 GenkCurrent	CBE since 30/09/2026	CBE
Grote Baan 205, 3530 Houthalen-Helchteren	CBE until 30/09/2026	CBE
Grote Baan 205, 3530 Houthalen-Helchteren	accounts 2021 → 2025	Accounts 2025 · 2026-00224652

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
QSMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00224652

Events

2025
Annual accounts 2025229,3 k €↓
2024
Annual accounts 2024343,3 k €↑
2023
Annual accounts 2023-288,3 k €↓
2022
Annual accounts 2022-114,4 k €↑
2021
Annual accounts 2021-501,8 k €↓
2018
Annual accounts 2018-23,8 k €↓
2017
Annual accounts 20174,1 k €↓
2016
Annual accounts 20168,3 k €↓
2015
Annual accounts 2015155,9 k €↑
2014
Annual accounts 2014-74,6 k €↓
2013
Annual accounts 201310,9 k €↓
2012
Annual accounts 201262,2 k €↑
2011
Annual accounts 20116,7 k €
09/06/2010
IncorporationPrivate limited company

QSM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events