ACTIVE

QbD Group

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Financial year 2025 · closed on 31/12/2025

Net result

-1,9 M €

-1537.2% YoY

Revenue

41,9 M €

+22.7% YoY

Equity

5,6 M €

-25.3% YoY

Workforce

178,6 ETP

-19.5% YoY

What does QbD Group do?

QbD Group is a Public limited company incorporated in 2011. Its main activity is: Computer consultancy activities. Its registered office is in Antwerpen. It employs on average 178,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0838.540.254

Incorporation

17/08/2011

Legal form

Public limited company

Registered office

Groenenborgerlaan 16
2610 Antwerpen · FlandreSee on map

Contributed capital

291 969,00 €

Latest accounts

31/12/2025

Average workforce

178,6 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 74909Other professional, scientific and technical activities n.e.c.74999Other professional, scientific and technical activities n.e.c.62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities+8

Joint committees (2)

200
2000

Signals

Low riskGood liquidityHealthy social debtsHigh revenue

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		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	41,9 M €	+22.7%	34,1 M €	+66.4%	20,5 M €	+18.3%	17,3 M €	+6.3%	16,3 M €		–		–		–		9,9 M €	+40.8%	7,1 M €	+37.6%	5,1 M €	+11.9%	4,6 M €	+99.8%	2,3 M €
EBITDA	-1,7 M €	-676%	291,7 k €	-87.5%	2,3 M €	+7.0%	2,2 M €	-26.2%	2,9 M €	+13.2%	2,6 M €	-11.1%	2,9 M €	+51.8%	1,9 M €	+71.0%	1,1 M €	-28.4%	1,6 M €	+150%	629,7 k €	+134%	269 k €	+105%	131,4 k €
Operating result	-1,6 M €	-1993%	86,4 k €	-96.2%	2,3 M €	+7.4%	2,1 M €	-27.3%	2,9 M €	+12.4%	2,6 M €	-9.7%	2,9 M €	+50.7%	1,9 M €	+72.3%	1,1 M €	-29.6%	1,6 M €	+149%	625,7 k €	+134%	267,8 k €	+107%	129,7 k €
Net result	-1,9 M €	-1537%	-116,8 k €	-108%	1,5 M €	-12.2%	1,8 M €	-9.5%	1,9 M €	+7.9%	1,8 M €	-14.7%	2,1 M €	+152%	837,3 k €	+33.6%	626,7 k €	-54.3%	1,4 M €	+136%	580,5 k €	+301%	144,9 k €	+121%	65,6 k €
Balance sheet
Equity	5,6 M €	-25.3%	7,5 M €	+42.5%	5,3 M €	+0.8%	5,3 M €	+9.6%	4,8 M €	+68.1%	2,9 M €	+11.8%	2,6 M €	-10.5%	2,9 M €	+41.6%	2 M €	+45.2%	1,4 M €	+174%	505,9 k €	+63.0%	310,5 k €	+87.5%	165,6 k €
Total assets	19,9 M €	+22.7%	16,2 M €	+42.5%	11,4 M €	+28.2%	8,9 M €	+14.3%	7,7 M €	+4.3%	7,4 M €	+34.7%	5,5 M €	-13.3%	6,4 M €	+38.4%	4,6 M €	+25.9%	3,7 M €	+48.4%	2,5 M €	+41.9%	1,7 M €	+94.0%	893,6 k €
Cash	1,2 M €	+2413%	46,5 k €	-13.2%	53,5 k €	-94.1%	906,2 k €	-47.5%	1,7 M €	-38.0%	2,8 M €	+226%	855,2 k €	-31.3%	1,2 M €	+111%	589 k €	+28.9%	456,9 k €	+104%	223,6 k €	-15.2%	263,6 k €	+62.0%	162,7 k €
Debts	11 M €	+67.5%	6,6 M €	+9.8%	6 M €	+71.0%	3,5 M €	+27.2%	2,8 M €	-36.2%	4,3 M €	+46.1%	3 M €	-14.4%	3,5 M €	+34.5%	2,6 M €	+13.6%	2,3 M €	+15.8%	2 M €	+37.3%	1,4 M €	+95.5%	728 k €
Other
Workforce	178,6 ETP	-19.5%	222,0 ETP	+63.0%	136,2 ETP	+12.2%	121,4 ETP	+5.6%	115,0 ETP	+7.0%	107,5 ETP	+5.2%	102,2 ETP	+10.2%	92,7 ETP	+21.0%	76,6 ETP	+37.5%	55,7 ETP	+36.5%	40,8 ETP	+29.9%	31,4 ETP	+180%	11,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

AKWAABA CONSULTING GROUP

Director · since 13 octobre 2022 · until 09 juin 2028 · 0541.853.282

Represented by Martijn Reniers

Active

Quality for You

Managing director · since 13 octobre 2022 · until 09 juin 2028 · 0598.934.517

Represented by Bart VAN ACKER

Active

Ended mandates

AKWAABA CONSULTING GROUP

Director · since 13 octobre 2022 · until 09 juin 2028 · 0541.853.282

Represented by Reniers MARTIJN

Ended

Quality for You

Managing director · since 13 octobre 2022 · until 09 juin 2028 · 0598.934.517

Represented by Van ACKER BART

Ended

Quality for You

Director · since 03 mars 2015 · 0598.934.517

Represented by Bart Van Acker

Ended

Quality for You

Director · since 03 mars 2015 · until 26 juillet 2024 · 0598.934.517

Represented by Ackie Comm.V, Van Acker Bart

Ended

At this address

Other companies at this address

Company	CBE no.
Administratiekantoor QbD Growth● Active	0795.399.703
IFUCARE● Active	0471.972.009
ISPE Belgium Affiliate vzw● Active	0563.884.061
QbD Group Foundation● Active	0795.449.686
QbD Growth● Active	0795.392.179
QbD RepS● Active	0471.352.395
Quality for You● Active	0598.934.517
Stichting Administratiekantoor Quality for You● Active	0801.799.624

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	16/07/2025	24/07/2024	07/07/2023	30/09/2022	30/07/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	22/06/2023	26/09/2022	30/06/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	16/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	24/07/2024	Dutch	PDF
Full model	31/12/2022	22/06/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	26/09/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/03/2018	14/09/2018	31/10/2018	Dutch	PDF
Abridged model	31/03/2017	14/09/2017	30/10/2017	Dutch	PDF
Abridged model	31/03/2016	08/09/2016	28/10/2016	Dutch	PDF
Abridged model	31/03/2015	10/09/2015	14/10/2015	Dutch	PDF
Abridged model	31/03/2014	11/09/2014	08/10/2014	Dutch	PDF
Abridged model	31/03/2013	13/09/2013	20/09/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 2 active · 21 ended

Active mandates

AKWAABA CONSULTING GROUP

Director · since 13 octobre 2022 · until 09 juin 2028 · 0541.853.282

Represented by Martijn Reniers

Active

Quality for You

Managing director · since 13 octobre 2022 · until 09 juin 2028 · 0598.934.517

Represented by Bart VAN ACKER

Active

Ended mandates

AKWAABA CONSULTING GROUP

Director · since 13 octobre 2022 · until 09 juin 2028 · 0541.853.282

Represented by Reniers MARTIJN

Ended

Quality for You

Managing director · since 13 octobre 2022 · until 09 juin 2028 · 0598.934.517

Represented by Van ACKER BART

Ended

Quality for You

Director · since 03 mars 2015 · 0598.934.517

Represented by Bart Van Acker

Ended

Quality for You

Director · since 03 mars 2015 · until 26 juillet 2024 · 0598.934.517

Represented by Ackie Comm.V, Van Acker Bart

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring13/02/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/10/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates19/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Restructuring09/10/2024
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/08/2024
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025-1,9 M €↓
2024
Annual accounts 2024-116,8 k €↓
2024
Name changeQbD Group
2023
Annual accounts 20231,5 M €↓
2022
Annual accounts 20221,8 M €↓
2022
Name changeQbD Flanders
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 20201,8 M €↓
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 2018837,3 k €↑
2017
Annual accounts 2017626,7 k €↓
2016
Annual accounts 20161,4 M €↑
2015
Annual accounts 2015580,5 k €↑
2014
Annual accounts 2014144,9 k €↑
2013
Annual accounts 201365,6 k €
2013
Name changeQuality by Design
17/08/2011
IncorporationPublic 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

QbD Group

Overview

What does QbD Group 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