NORMAL SITUATION

QTeam Services

Financial year 2023 · closed on 31/12/2023
Net result
3,6 M €
+4640.6% YoY
Gross margin
3,8 M €
Equity
8,1 M €
-56.5% YoY
Workforce
18,8 ETP
+12.6% YoY

Company — Normal situation.

What does QTeam Services do?

QTeam Services is a company registered in Belgium. It employs on average 18,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.294.282
Legal form
Public limited company
Contributed capital
350 000,00 €
Latest accounts
31/12/2023
Average workforce
18,8 ETP
Joint committees (4)
  • 100
  • 112
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20232022202120202019201820172016201520142013201220112010
Income statement
Gross margin3,8 M €
EBITDA2,6 M €399,9 k €564,5 k €966,2 k €482,4 k €725,9 k €641,6 k €73,2 k €180,6 k €859,5 k €191,3 k €264,8 k €472,5 k €352,6 k €
Operating result2,5 M €375,2 k €534,2 k €909,5 k €424 k €669,4 k €589,8 k €29,8 k €155,3 k €977,1 k €59,9 k €263,1 k €469,9 k €347,1 k €
Net result3,6 M €75,1 k €327,5 k €2 M €384,9 k €556,1 k €481,6 k €167,1 k €55,6 k €732,8 k €410,6 k €277,5 k €667,7 k €46,8 k €
Balance sheet
Equity8,1 M €18,7 M €18,8 M €18,4 M €25,7 M €25,2 M €23,8 M €22,2 M €20,3 M €19,6 M €18,2 M €16,8 M €14,5 M €10,8 M €
Total assets59,5 M €58,2 M €28,8 M €27,2 M €41 M €37,8 M €36,7 M €37,9 M €34,6 M €34,4 M €31,9 M €32,6 M €30,9 M €24,4 M €
Cash6,3 M €2,9 M €3,8 M €1,4 M €1,7 M €2,9 M €3 M €5,1 M €4,5 M €3,8 M €1,2 M €103,6 k €83 k €329,8 k €
Debts51 M €39,3 M €10 M €8,8 M €15,3 M €12,6 M €12,9 M €15,7 M €14,4 M €13,8 M €12,8 M €14,9 M €16,4 M €13,6 M €
Other
Workforce18,8 ETP16,7 ETP16,4 ETP16,0 ETP15,6 ETP17,8 ETP20,2 ETP20,5 ETP21,7 ETP20,0 ETP19,5 ETP18,8 ETP17,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 34 ended

Active mandates

De Prycker Consult

Director · since 15 juillet 2022 · 0694.837.625

Represented by Stefan De Prycker

Active
EFCEE

Director · since 15 juillet 2022 · 0807.357.130

Represented by Filip Cailliau

Active
LAMBEFRAN

Managing director · 0426.231.361

Represented by Frank Lambrecht

Active

Ended mandates

Arkeus Beheer

Director · since 25 février 2022 · 0552.931.474

Represented by Philippe Touquet

Ended
Arkeus Beheer

Director · since 25 février 2022 · until 15 juillet 2022 · 0552.931.474

Represented by Philippe Touquet

Ended
VéDéWé Consult

Director · since 25 février 2022 · until 15 juillet 2022 · 0875.483.594

Represented by Frédéric Van den Weghe

Ended
VéDéWé Consult

Director · since 25 février 2022 · 0875.483.594

Represented by Frederic Van den Weghe

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelFull modelFull modelConsolidated accountsFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202420/07/202328/07/202223/02/202222/06/202130/03/2020
General meeting09/07/202412/07/202315/07/202201/01/999911/05/202120/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202309/07/202424/07/2024DutchPDF
Full model31/12/202212/07/202320/07/2023DutchPDF
Full model31/12/202115/07/202228/07/2022DutchPDF
Full model31/12/202011/02/202216/02/2022DutchPDF
Consolidated accounts31/12/202001/01/999923/02/2022DutchPDF
Full model31/12/201911/05/202122/06/2021DutchPDF
Full model31/12/201820/12/201930/03/2020DutchPDF
Full model31/12/201710/01/201922/07/2019DutchPDF
Full model31/12/201630/04/201805/07/2018DutchPDF
Full model31/12/201520/01/201716/02/2017DutchPDF
Full model31/12/201409/10/201530/10/2015DutchPDF
Full model31/12/201328/11/201430/10/2015DutchPDF
Full model31/12/201208/11/201330/10/2015DutchPDF
Full modelCorrection31/12/201118/01/201308/11/2013DutchPDF
Full model31/12/201126/05/201231/05/2013DutchPDF
Full model31/12/201025/06/201227/08/2012DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 3 active · 34 ended

Active mandates

De Prycker Consult

Director · since 15 juillet 2022 · 0694.837.625

Represented by Stefan De Prycker

Active
EFCEE

Director · since 15 juillet 2022 · 0807.357.130

Represented by Filip Cailliau

Active
LAMBEFRAN

Managing director · 0426.231.361

Represented by Frank Lambrecht

Active

Ended mandates

Arkeus Beheer

Director · since 25 février 2022 · 0552.931.474

Represented by Philippe Touquet

Ended
Arkeus Beheer

Director · since 25 février 2022 · until 15 juillet 2022 · 0552.931.474

Represented by Philippe Touquet

Ended
VéDéWé Consult

Director · since 25 février 2022 · until 15 juillet 2022 · 0875.483.594

Represented by Frédéric Van den Weghe

Ended
VéDéWé Consult

Director · since 25 février 2022 · 0875.483.594

Represented by Frederic Van den Weghe

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution15/07/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring10/03/2023
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/01/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2022
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2021
    ONTSLAGEN - BENOEMINGEN
    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. 2023
    Annual accounts 20233,6 M €
  2. 2022
    Annual accounts 202275,1 k €
  3. 2022
    Name changeQTEAM SERVICES
  4. 2021
    Annual accounts 2021327,5 k €
  5. 2021
    Name changeLAMBRECHT BANDEN
  6. 2020
    Annual accounts 20202 M €
  7. 2019
    Annual accounts 2019384,9 k €
  8. 2018
    Annual accounts 2018556,1 k €
  9. 2017
    Annual accounts 2017481,6 k €
  10. 2016
    Annual accounts 2016167,1 k €
  11. 2015
    Annual accounts 201555,6 k €
  12. 2014
    Annual accounts 2014732,8 k €
  13. 2013
    Annual accounts 2013410,6 k €
  14. 2012
    Annual accounts 2012277,5 k €
  15. 2011
    Annual accounts 2011667,7 k €
  16. 2010
    Annual accounts 201046,8 k €