ACTIVE

QVO

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Financial year 2025 · closed on 31/03/2025

Net result

400,4 k €

+80.0% YoY

Gross margin

1 M €

+15.1% YoY

Equity

1,3 M €

+42.9% YoY

Workforce

1,3 ETP

What does QVO do?

QVO is a Private limited company incorporated in 2010. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Waregem. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.374.024

Incorporation

31/12/2010

Legal form

Private limited company

Registered office

Westerlaan 1 box A11
8790 Waregem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Average workforce

1,3 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	1 M €	+15.1%	901,5 k €	+30.3%	691,7 k €	-3.1%	714,1 k €	+21.0%	590,3 k €	-0.3%	592 k €	+6.7%	554,8 k €	+6.2%	522,5 k €	+4.4%	500,4 k €	+33.9%	373,6 k €	+12.4%	332,3 k €	+198%	111,6 k €	+4006%	2,7 k €
EBITDA	911,8 k €	+48.0%	616,2 k €	+55.2%	397 k €	-3.4%	411,1 k €	+57.1%	261,7 k €	+0.8%	259,5 k €	+22.6%	211,6 k €	+5.8%	200,1 k €	-17.9%	243,6 k €	+16.6%	208,9 k €	-0.1%	209,2 k €	+101%	103,9 k €	+3722%	2,7 k €
Operating result	624,3 k €	+80.1%	346,7 k €	+82.2%	190,3 k €	+26.5%	150,4 k €	+16.7%	128,9 k €	+4.9%	122,9 k €	+134%	52,6 k €	-34.3%	80,1 k €	-35.0%	123,2 k €	+10.8%	111,2 k €	+5.1%	105,9 k €	+1920%	5,2 k €	+92.8%	2,7 k €
Net result	400,4 k €	+80.0%	222,5 k €	+67.8%	132,6 k €	+41.2%	93,9 k €	+25.9%	74,6 k €	+8.7%	68,6 k €	+260%	19,1 k €	-51.1%	39 k €	-37.0%	61,9 k €	+16.1%	53,3 k €	-5.3%	56,3 k €	+431%	-17 k €	-907%	2,1 k €
Balance sheet
Equity	1,3 M €	+42.9%	933,1 k €	+31.3%	710,7 k €	+22.9%	578,1 k €	+53.6%	376,4 k €	+24.7%	301,9 k €	+29.4%	233,2 k €	+8.9%	214,2 k €	+22.2%	175,2 k €	+54.6%	113,3 k €	+88.8%	60 k €	+1514%	3,7 k €	-82.0%	20,7 k €
Total assets	4,1 M €	-0.9%	4,1 M €	+6.6%	3,9 M €	+10.3%	3,5 M €	+67.4%	2,1 M €	-4.0%	2,2 M €	-4.3%	2,3 M €	+7.3%	2,1 M €	-1.5%	2,2 M €	+11.8%	1,9 M €	-3.6%	2 M €	+19.9%	1,7 M €	+5927%	27,8 k €
Cash	50,8 k €	-63.5%	139,3 k €	-46.3%	259,3 k €	+97.9%	131 k €	+112%	61,7 k €	+5.8%	58,4 k €	-34.5%	89,1 k €	-13.7%	103,2 k €	+390%	21 k €	-72.5%	76,6 k €	+72.7%	44,3 k €	-19.4%	55 k €	+707%	6,8 k €
Debts	2,8 M €	-13.7%	3,2 M €	+1.1%	3,2 M €	+7.8%	2,9 M €	+70.4%	1,7 M €	-8.7%	1,9 M €	-8.0%	2,1 M €	+7.0%	1,9 M €	-3.5%	2 M €	+9.1%	1,8 M €	-6.5%	2 M €	+16.6%	1,7 M €	+150358%	1,1 k €
Other
Workforce	1,3 ETP		–		–		4,8 ETP	0.0%	4,8 ETP	0.0%	4,8 ETP	-17.2%	5,8 ETP	+1.8%	5,7 ETP	+21.3%	4,7 ETP	+88.0%	2,5 ETP	-16.7%	3,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2023 · 3 active · 16 ended

Active mandates

CLEMAX

Director · since 07 juin 2011 · 0809.070.565

Represented by Clement STEFANIE

Active

Cyludor

Director · since 07 juin 2011 · 0832.375.608

Represented by ORENS CYNTHIA

Active

Vyva

Director · since 23 décembre 2010 · 0448.981.524

Represented by Valcke LIEVEN

Active

Ended mandates

Cyludor

Manager · since 07 juin 2012 · 0832.375.608

Represented by LUDO ORENS

Ended

CLEMAX

Manager · since 07 juin 2011 · 0809.070.565

Represented by STEFANIE CLEMENT

Ended

CLEMAX

Director · since 07 juin 2011 · 0809.070.565

Represented by Stefanie Clement

Ended

CLEMAX

Manager · since 07 juin 2011 · 0809.070.565

Represented by STEFANIE CLEMENT

Ended

At this address

Other companies at this address

Company	CBE no.
Groep Q & O● Active	0662.420.126
INVESQO● Active	1001.431.166
INVESQO+● Active	1002.329.605
Q & O VERZEKERINGEN● Active	0423.872.083

Annual accounts

Full financial information

	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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/09/2025	30/08/2024	19/09/2023	26/08/2022	02/09/2021	03/09/2020
General meeting	29/08/2025	30/08/2024	25/08/2023	26/08/2022	27/08/2021	28/08/2020
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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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	29/08/2025	04/09/2025	Dutch	PDF
Abridged model	31/03/2024	30/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/03/2023	25/08/2023	19/09/2023	Dutch	PDF
Abridged model	31/03/2022	26/08/2022	26/08/2022	Dutch	PDF
Abridged model	31/03/2021	27/08/2021	02/09/2021	Dutch	PDF
Abridged model	31/03/2020	28/08/2020	03/09/2020	Dutch	PDF
Abridged model	31/03/2019	30/08/2019	06/09/2019	Dutch	PDF
Abridged model	31/03/2018	31/08/2018	13/09/2018	Dutch	PDF
Abridged model	31/03/2017	25/08/2017	20/09/2017	Dutch	PDF
Abridged model	31/03/2016	26/08/2016	14/11/2016	Dutch	PDF
Abridged model	31/03/2015	28/08/2015	28/09/2015	Dutch	PDF
Abridged model	31/03/2014	29/08/2014	23/09/2014	Dutch	PDF
Abridged model	31/03/2013	30/08/2013	23/09/2013	Dutch	PDF
Abridged model	31/03/2012	31/08/2012	24/09/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/03/2023 · 3 active · 16 ended

Active mandates

CLEMAX

Director · since 07 juin 2011 · 0809.070.565

Represented by Clement STEFANIE

Active

Cyludor

Director · since 07 juin 2011 · 0832.375.608

Represented by ORENS CYNTHIA

Active

Vyva

Director · since 23 décembre 2010 · 0448.981.524

Represented by Valcke LIEVEN

Active

Ended mandates

Cyludor

Manager · since 07 juin 2012 · 0832.375.608

Represented by LUDO ORENS

Ended

CLEMAX

Manager · since 07 juin 2011 · 0809.070.565

Represented by STEFANIE CLEMENT

Ended

CLEMAX

Director · since 07 juin 2011 · 0809.070.565

Represented by Stefanie Clement

Ended

CLEMAX

Manager · since 07 juin 2011 · 0809.070.565

Represented by STEFANIE CLEMENT

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/09/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other26/09/2016
DOEL
PDF
Mandates06/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2011
ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other04/01/2011
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

2025
Annual accounts 2025400,4 k €↑
2024
Annual accounts 2024222,5 k €↑
2023
Annual accounts 2023132,6 k €↑
2022
Annual accounts 202293,9 k €↑
2020
Annual accounts 202074,6 k €↑
2019
Annual accounts 201968,6 k €↑
2018
Annual accounts 201819,1 k €↓
2017
Annual accounts 201739 k €↓
2016
Annual accounts 201661,9 k €↑
2015
Annual accounts 201553,3 k €↓
2014
Annual accounts 201456,3 k €↑
2013
Annual accounts 2013-17 k €↓
2012
Annual accounts 20122,1 k €
31/12/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

QVO

Overview

What does QVO do?

Trend over 13 financial years

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