NORMAL SITUATION

QUARTES

Export PDF

Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result-1,5 M €-1 098,0 %over 1 year

Revenue158,1 M €-11,8 %over 1 year

Equity7,2 M €-17,2 %over 1 year

Workforce60,7 ETP-8,3 %over 1 year

Identity

Source · BCE/KBO

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)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 15 filings

Trend over 13 financial years

	2023		2022		2021		2020		2019
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 €
EBITDA	-667,8 k €	-179%	840 k €	-65.8%	2,5 M €	+69.4%	1,5 M €	-7.1%	1,6 M €
Operating result	-1,2 M €	-315%	535,5 k €	-72.5%	1,9 M €	+172%	717,6 k €	-16.8%	862,1 k €
Net result	-1,5 M €	-1098%	148,4 k €	-88.0%	1,2 M €	+137%	523,9 k €	-41.5%	895,7 k €
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 €
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 €
Cash	83,4 k €	-97.5%	3,3 M €	-55.6%	7,5 M €	+72.9%	4,3 M €	+252%	1,2 M €
Debts	25,2 M €	-35.9%	39,4 M €	+35.1%	29,1 M €	+34.3%	21,7 M €	+47.2%	14,7 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

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk Hordijk	Director02/01/2023 → 03/11/2025Managing director04/11/2019 → 03/11/2025
Steven Gunst	Managing director02/01/2023 → 31/12/2028Director01/01/2023 → 02/01/2023
Pieter Cosyn	Director21/01/2020 → 20/01/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wilhelmus van den Heuvel	Director21/01/2020 → 2022 accounts
Ronald van de Ven	Director04/11/2019 → 2019 accounts
Frederic Boone	Director28/05/2018 → 04/11/2019

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2023	27/05/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	29/06/2021	29/07/2021	Dutch	PDF
Full modelCorrection	31/12/2019	27/10/2020	06/11/2020	Dutch	PDF
Full model	31/12/2019	27/10/2020	30/10/2020	Dutch	PDF
Full model	31/12/2018	27/05/2019	29/07/2019	Dutch	PDF
Full model	31/12/2017	28/05/2018	19/07/2018	Dutch	PDF
Full model	31/12/2016	29/05/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	30/05/2016	27/07/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	03/07/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	29/07/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	26/06/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	30/08/2011	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk Hordijk	Director02/01/2023 → 03/11/2025Managing director04/11/2019 → 03/11/2025
Steven Gunst	Managing director02/01/2023 → 31/12/2028Director01/01/2023 → 02/01/2023
Pieter Cosyn	Director21/01/2020 → 20/01/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wilhelmus van den Heuvel	Director21/01/2020 → 2022 accounts
Ronald van de Ven	Director04/11/2019 → 2019 accounts
Frederic Boone	Director28/05/2018 → 04/11/2019

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring25/06/2024
VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
PDF
Restructuring07/05/2024
Neerlegging fusievoorstel
PDF
Other17/01/2024
STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Other19/07/2023
Hernieuwing commissarismandaat
PDF
Mandates23/02/2023
Ontslag en benoeming bestuurder - Ontslag en benoeming gedelegeerd
PDF
Mandates01/03/2021
Ontslag van een bestuurder
PDF
Mandates05/01/2021
Beëindiging commissarismandaat en benoeming commissaris
PDF
Mandates03/03/2020
Benoeming bestuurders en gedelegeerd bestuurder
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

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Dirk Hordijk

Steven Gunst

Pieter Cosyn

Wilhelmus van den Heuvel

Ronald van de Ven

Lode Versele

Gwijde Versele

Frederic Boone

Stefan Versele

KCMC BV

Luk VERSELE

HELUCA

Show the 5 other mandates

2010201120122013201420152016201720182019202020212022202320242025202620272028

Quartes

Kapellestraat 71-73, 9800 Deinze

DirectorManaging director

Managing directorDirector

Director

Managing director

Director

Managing director

Director

DirectorManaging director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kapellestraat 71-73, 9800 Deinze	accounts 2021 → 2023	Accounts 2023 · 2024-00172724

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Quartes	accounts 2021 → 2023	Accounts 2023 · 2024-00172724

Events

2023
Annual accounts 2023-1,5 M €↓
2022
Annual accounts 2022148,4 k €↓
2021
Annual accounts 20211,2 M €↑
2020
Annual accounts 2020523,9 k €↓
2019
Annual accounts 2019895,7 k €↑
2018
Annual accounts 2018391,1 k €↓
2017
Annual accounts 20171,3 M €↓
2016
Annual accounts 20161,4 M €↓
2015
Annual accounts 20155,7 M €↑
2014
Annual accounts 20141,5 M €↓
2013
Annual accounts 20132,4 M €↑
2012
Annual accounts 20122 M €↓
2011
Annual accounts 20112,1 M €

QUARTES

Overview

Identity

Financials

Board of directors

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