ACTIVE

Q²

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Financial year 2025 · closed on 31/03/2025
Net result
46 k €
-21.4% YoY
Gross margin
72,8 k €
-12.5% YoY
Equity
258,9 k €
+9.9% YoY

What does Q² do?

Q² is a Private limited company incorporated in 2011. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Destelbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0837.759.504
Incorporation
06/07/2011
Legal form
Private limited company
Registered office
Ter Ramenlaan 4
9070 Destelbergen · FlandreSee on map
Contributed capital
4 000,00 €
Latest accounts
31/03/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy74201Photographic activities74201Photographic activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin72,8 k €83,2 k €72,3 k €66 k €75 k €75,4 k €70,8 k €70,1 k €71,2 k €47,9 k €42,7 k €28,3 k €72,1 k €
EBITDA72,1 k €82 k €62,8 k €65,4 k €74,1 k €74,8 k €69,5 k €69,2 k €70,1 k €46,9 k €41,6 k €27,4 k €69,8 k €
Operating result65,8 k €78,2 k €61,6 k €40,5 k €46,4 k €47,5 k €37 k €44,8 k €62,1 k €36,4 k €31,9 k €17,5 k €46,9 k €
Net result46 k €58,5 k €46,9 k €30,5 k €33,9 k €33 k €27,4 k €28,3 k €38,8 k €22,8 k €21,9 k €10,2 k €25,3 k €
Balance sheet
Equity258,9 k €235,6 k €208,4 k €200,2 k €169,7 k €135,8 k €102,8 k €75,4 k €47,2 k €8,4 k €39,6 k €17,7 k €7,5 k €
Total assets283,3 k €267,9 k €242,8 k €244,9 k €241,7 k €216,4 k €205,1 k €164,7 k €104,7 k €83 k €58,4 k €59,1 k €111,8 k €
Cash19,8 k €50,4 k €51,1 k €53,5 k €47,7 k €59,2 k €48,1 k €53,7 k €52,9 k €35,4 k €12,7 k €10,3 k €31,5 k €
Debts24,4 k €32,2 k €31,8 k €44,7 k €71,6 k €80,5 k €101,8 k €89,3 k €57,5 k €74,5 k €18,8 k €39,4 k €104,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 3 ended

Active mandates

Caroline Gillaerts

Director

Active
Tom Quartier

Director

Active

Ended mandates

Caroline Gillaerts

Director · since 05 décembre 2023

Ended
Tom Quartier

Manager · since 06 juillet 2011

Ended
Tom Quartier

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/09/202520/09/202419/09/202325/10/202221/09/202101/10/2020
General meeting06/09/202507/09/202402/09/202303/09/202204/09/202105/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202506/09/202525/09/2025DutchPDF
Micro model31/03/202407/09/202420/09/2024DutchPDF
Micro model31/03/202302/09/202319/09/2023DutchPDF
Micro model31/03/202203/09/202225/10/2022DutchPDF
Micro model31/03/202104/09/202121/09/2021DutchPDF
Micro model31/03/202005/09/202001/10/2020DutchPDF
Micro model31/03/201907/09/201924/09/2019DutchPDF
Micro model31/03/201801/09/201819/09/2018DutchPDF
Micro model31/03/201702/09/201729/09/2017DutchPDF
Abridged model31/03/201603/09/201627/09/2016DutchPDF
Abridged model31/03/201505/09/201521/09/2015DutchPDF
Abridged model31/03/201406/09/201430/10/2014DutchPDF
Abridged model31/03/201330/09/201328/10/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025 · 2 active · 3 ended

Active mandates

Caroline Gillaerts

Director

Active
Tom Quartier

Director

Active

Ended mandates

Caroline Gillaerts

Director · since 05 décembre 2023

Ended
Tom Quartier

Manager · since 06 juillet 2011

Ended
Tom Quartier

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
    PDF
  • Registered office19/09/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/08/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/07/2011
    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

Timeline

  1. 2025
    Annual accounts 202546 k €↓
  2. 2024
    Annual accounts 202458,5 k €↑
  3. 2023
    Annual accounts 202346,9 k €↑
  4. 2022
    Annual accounts 202230,5 k €↓
  5. 2021
    Annual accounts 202133,9 k €↑
  6. 2020
    Annual accounts 202033 k €↑
  7. 2019
    Annual accounts 201927,4 k €↓
  8. 2018
    Annual accounts 201828,3 k €↓
  9. 2017
    Annual accounts 201738,8 k €↑
  10. 2016
    Annual accounts 201622,8 k €↑
  11. 2015
    Annual accounts 201521,9 k €↑
  12. 2014
    Annual accounts 201410,2 k €↓
  13. 2013
    Annual accounts 201325,3 k €
  14. 06/07/2011
    IncorporationPrivate limited company