QUARTES
0828.300.519 · rovalta.com · 21/09/2026
NORMAL SITUATION
QUARTES
Financial year 2023 · closed on 31/12/2023
Net result
-1,5 M €
-1098.0% YoY
Revenue
158,1 M €
-11.8% YoY
Equity
7,2 M €
-17.2% YoY
Workforce
60,7 ETP
-8.3% YoY
Company — Normal situation.
Overview
What does QUARTES do?
QUARTES is a company registered in Belgium. It employs on average 60,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0828.300.519
Legal form
Public limited company
Contributed capital
3 799 953,06 €
Latest accounts
31/12/2023
Average workforce
60,7 ETP
Joint committees (2)
- 118
- 220
Signals
Healthy social debtsHigh revenue
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Financials
Trend over 13 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||
| Revenue | 158,1 M € | -11.8% | 179,2 M € | +15.5% | 155,1 M € | -3.0% | 159,9 M € | +17.2% | 136,4 M € | +6.0% | 128,7 M € | +1.2% | 127,1 M € | -5.1% | 134 M € | +0.6% | 133,2 M € | -2.6% | 136,8 M € | -13.2% | 157,7 M € | +7.9% | 146,2 M € | +7.8% | 135,6 M € |
| EBITDA | -667,8 k € | -179% | 840 k € | -65.8% | 2,5 M € | +69.4% | 1,5 M € | -7.1% | 1,6 M € | -11.3% | 1,8 M € | -18.0% | 2,1 M € | +122% | 968,6 k € | -30.8% | 1,4 M € | -36.5% | 2,2 M € | -17.6% | 2,7 M € | -10.9% | 3 M € | -36.7% | 4,7 M € |
| Operating result | -1,2 M € | -315% | 535,5 k € | -72.5% | 1,9 M € | +172% | 717,6 k € | -16.8% | 862,1 k € | +61.5% | 533,9 k € | -58.8% | 1,3 M € | +339% | 295,4 k € | -59.8% | 735 k € | -49.9% | 1,5 M € | -48.8% | 2,9 M € | +61.8% | 1,8 M € | -49.8% | 3,5 M € |
| Net result | -1,5 M € | -1098% | 148,4 k € | -88.0% | 1,2 M € | +137% | 523,9 k € | -41.5% | 895,7 k € | +129% | 391,1 k € | -70.3% | 1,3 M € | -3.6% | 1,4 M € | -75.9% | 5,7 M € | +266% | 1,5 M € | -36.7% | 2,4 M € | +25.1% | 2 M € | -5.9% | 2,1 M € |
| Balance sheet | |||||||||||||||||||||||||
| Equity | 7,2 M € | -17.2% | 8,6 M € | -33.2% | 12,9 M € | +10.6% | 11,7 M € | +4.7% | 11,2 M € | +52.7% | 7,3 M € | +5.4% | 6,9 M € | -66.8% | 20,9 M € | -0.6% | 21 M € | +17.1% | 17,9 M € | -2.6% | 18,4 M € | +15.3% | 16 M € | -0.4% | 16 M € |
| Total assets | 32,7 M € | -32.1% | 48,3 M € | +13.3% | 42,6 M € | +22.4% | 34,8 M € | +26.0% | 27,6 M € | -12.0% | 31,4 M € | +1.5% | 30,9 M € | -0.5% | 31,1 M € | +0.7% | 30,9 M € | -7.5% | 33,4 M € | -2.2% | 34,1 M € | -4.2% | 35,6 M € | -0.8% | 35,9 M € |
| Cash | 83,4 k € | -97.5% | 3,3 M € | -55.6% | 7,5 M € | +72.9% | 4,3 M € | +252% | 1,2 M € | +10763% | 11,3 k € | -12.4% | 12,9 k € | -0.5% | 13 k € | -23.3% | 16,9 k € | +53.6% | 11 k € | +244% | 3,2 k € | -73.3% | 11,9 k € | +220% | 3,7 k € |
| Debts | 25,2 M € | -35.9% | 39,4 M € | +35.1% | 29,1 M € | +34.3% | 21,7 M € | +47.2% | 14,7 M € | -36.0% | 23 M € | +0.4% | 22,9 M € | +161% | 8,8 M € | -0.2% | 8,8 M € | -33.0% | 13,1 M € | -4.4% | 13,8 M € | -22.1% | 17,7 M € | -4.2% | 18,4 M € |
| Other | |||||||||||||||||||||||||
| Workforce | 60,7 ETP | -8.3% | 66,2 ETP | -6.1% | 70,5 ETP | +1.6% | 69,4 ETP | -12.8% | 79,6 ETP | -19.6% | 99,0 ETP | -2.2% | 101,2 ETP | +0.6% | 100,6 ETP | +0.6% | 100,0 ETP | -9.2% | 110,1 ETP | -2.2% | 112,6 ETP | -2.0% | 114,9 ETP | -6.2% | 122,5 ETP |
Governance
Board of directors
Seen on filing of 31/12/2023 · 5 active · 38 ended
Active mandates
Dirk Hordijk
ActiveSteven Gunst
ActiveSteven Gunst
ActivePieter Cosyn
ActiveDirk Hordijk
ActiveEnded mandates
Wilhelmus van den Heuvel
EndedWilhelmus van den Heuvel
EndedDirk Hordijk
EndedRonald van de Ven
EndedFinancials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/06/2024 | 30/06/2023 | 31/08/2022 | 29/07/2021 | 06/11/2020 | 29/07/2019 |
| General meeting | 27/05/2024 | 29/06/2023 | 30/08/2022 | 29/06/2021 | 27/10/2020 | 27/05/2019 |
| 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 |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2023 | 27/05/2024 | 27/06/2024 | Dutch | |
| Full model | 31/12/2022 | 29/06/2023 | 30/06/2023 | Dutch | |
| Full model | 31/12/2021 | 30/08/2022 | 31/08/2022 | Dutch | |
| Full model | 31/12/2020 | 29/06/2021 | 29/07/2021 | Dutch | |
| Full modelCorrection | 31/12/2019 | 27/10/2020 | 06/11/2020 | Dutch | |
| Full model | 31/12/2019 | 27/10/2020 | 30/10/2020 | Dutch | |
| Full model | 31/12/2018 | 27/05/2019 | 29/07/2019 | Dutch | |
| Full model | 31/12/2017 | 28/05/2018 | 19/07/2018 | Dutch | |
| Full model | 31/12/2016 | 29/05/2017 | 20/07/2017 | Dutch | |
| Full model | 31/12/2015 | 30/05/2016 | 27/07/2016 | Dutch | |
| Full model | 31/12/2014 | 26/05/2015 | 30/06/2015 | Dutch | |
| Full model | 31/12/2013 | 26/05/2014 | 03/07/2014 | Dutch | |
| Full model | 31/12/2012 | 27/05/2013 | 29/07/2013 | Dutch | |
| Full model | 31/12/2011 | 29/05/2012 | 26/06/2012 | Dutch | |
| Full model | 31/12/2010 | 30/05/2011 | 30/08/2011 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 5 active · 38 ended
Active mandates
Dirk Hordijk
ActiveSteven Gunst
ActiveSteven Gunst
ActivePieter Cosyn
ActiveDirk Hordijk
ActiveEnded mandates
Wilhelmus van den Heuvel
EndedWilhelmus van den Heuvel
EndedDirk Hordijk
EndedRonald van de Ven
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring25/06/2024VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
- Restructuring07/05/2024Neerlegging fusievoorstel
- Other17/01/2024STATUTEN (VERTALING, COORDINATIE, OVERIGE
- Other19/07/2023Hernieuwing commissarismandaat
- Mandates23/02/2023Ontslag en benoeming bestuurder - Ontslag en benoeming gedelegeerd
- Mandates01/03/2021Ontslag van een bestuurder
- Mandates05/01/2021Beëindiging commissarismandaat en benoeming commissaris
- Mandates03/03/2020Benoeming bestuurders en gedelegeerd bestuurder
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023-1,5 M €↓
- 2022Annual accounts 2022148,4 k €↓
- 2021Annual accounts 20211,2 M €↑
- 2020Annual accounts 2020523,9 k €↓
- 2019Annual accounts 2019895,7 k €↑
- 2018Annual accounts 2018391,1 k €↓
- 2017Annual accounts 20171,3 M €↓
- 2016Annual accounts 20161,4 M €↓
- 2015Annual accounts 20155,7 M €↑
- 2014Annual accounts 20141,5 M €↓
- 2013Annual accounts 20132,4 M €↑
- 2012Annual accounts 20122 M €↓
- 2011Annual accounts 20112,1 M €