QBIC Feeder Fund
0846.493.561 · rovalta.com · 24/09/2026
ACTIVE
QBIC Feeder Fund
Financial year 2025 · closed on 31/12/2025
Net result
-942 k €
+77.1% YoY
Gross margin
-41,4 k €
-1.3% YoY
Equity
7,3 M €
-11.5% YoY
Workforce
0,0 ETP
Overview
What does QBIC Feeder Fund do?
QBIC Feeder Fund is a Public limited company incorporated in 2012. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0846.493.561
Incorporation
23/05/2012
Legal form
Public limited company
Registered office
Ottergemsesteenweg 808 box 328
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
15 595 475,03 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equity
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||
| Gross margin | -41,4 k € | -1.3% | -40,9 k € | +35.5% | -63,4 k € | +15.5% | -74,9 k € | +34.9% | -115,1 k € | +9.8% | -127,6 k € | +21.7% | -162,9 k € | +20.1% | -204 k € | +25.5% | -273,7 k € | +18.6% | -336,2 k € | +20.5% | -422,7 k € | -40.2% | -301,5 k € | -13.0% | -266,8 k € |
| EBITDA | -42,5 k € | -1.3% | -42 k € | +34.9% | -64,5 k € | +15.1% | -76 k € | +34.6% | -116,2 k € | +9.7% | -128,6 k € | +21.5% | -163,9 k € | +20.0% | -205 k € | +25.4% | -274,7 k € | +18.5% | -337,2 k € | +20.4% | -423,7 k € | -40.3% | -302 k € | -12.8% | -267,6 k € |
| Operating result | -42,5 k € | -1.3% | -42 k € | +34.9% | -64,5 k € | +15.1% | -76 k € | +34.6% | -116,2 k € | +9.7% | -128,6 k € | +21.5% | -163,9 k € | +20.0% | -205 k € | +26.2% | -277,8 k € | +19.4% | -344,6 k € | +20.1% | -431,1 k € | -39.3% | -309,4 k € | -10.7% | -279,4 k € |
| Net result | -942 k € | +77.1% | -4,1 M € | -526% | -656,4 k € | +42.9% | -1,1 M € | -211% | 1 M € | +265% | -629,6 k € | -265% | 380,6 k € | -36.1% | 595,8 k € | +185% | -704 k € | +31.7% | -1 M € | -131% | -446,2 k € | -46.1% | -305,5 k € | +16.9% | -367,8 k € |
| Balance sheet | |||||||||||||||||||||||||
| Equity | 7,3 M € | -11.5% | 8,2 M € | -33.4% | 12,3 M € | -5.1% | 13 M € | -8.1% | 14,1 M € | -27.9% | 19,6 M € | +12.2% | 17,4 M € | +8.1% | 16,1 M € | +41.6% | 11,4 M € | +0.3% | 11,4 M € | +35.5% | 8,4 M € | +65.5% | 5,1 M € | +184% | 1,8 M € |
| Total assets | 8,5 M € | -8.5% | 9,3 M € | -29.0% | 13 M € | -0.0% | 13 M € | -37.0% | 20,7 M € | +4.3% | 19,8 M € | +13.4% | 17,5 M € | +8.2% | 16,2 M € | +41.3% | 11,4 M € | +0.4% | 11,4 M € | +35.6% | 8,4 M € | +63.6% | 5,1 M € | +106% | 2,5 M € |
| Cash | 8 k € | -98.7% | 597,6 k € | +3595% | 16,2 k € | -97.4% | 625,9 k € | -64.1% | 1,7 M € | +1134% | 141,5 k € | -77.1% | 618 k € | -62.1% | 1,6 M € | +328% | 381,1 k € | -32.4% | 564 k € | +54.7% | 364,5 k € | +1801% | 19,2 k € | -97.3% | 708,9 k € |
| Debts | 1,2 M € | +14.7% | 1 M € | +46.8% | 710,9 k € | +1192% | 55 k € | -99.2% | 6,6 M € | +3009% | 210,7 k € | +3481% | 5,9 k € | -59.4% | 14,5 k € | -50.9% | 29,5 k € | +84.8% | 16 k € | +113% | 7,5 k € | -15.9% | 8,9 k € | -98.7% | 703,2 k € |
| Other | |||||||||||||||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 52 ended
Active mandates
Herman Verwilst
ActiveActive
Isabelle Cardinael
ActiveJan Cornelis
ActiveJean-Pierre Timmermans
ActiveActive
Rik Van de Walle
ActiveSteven Coppens
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
DUAL-DEF● Active | 1028.008.473 |
DURABLY● Active | 1002.395.525 |
Flanders Technology & Innovation● Active | 1003.648.706 |
Financials
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 | 01/01/2025 | 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 | 01/06/2026 | 16/05/2025 | 05/06/2024 | 06/06/2023 | 13/06/2022 | 18/06/2021 |
| General meeting | 11/05/2026 | 12/05/2025 | 13/05/2024 | 08/05/2023 | 09/05/2022 | 10/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
13 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 11/05/2026 | 01/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 12/05/2025 | 16/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 13/05/2024 | 05/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 08/05/2023 | 06/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 09/05/2022 | 13/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 10/05/2021 | 18/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 11/05/2020 | 26/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 13/05/2019 | 28/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 14/05/2018 | 28/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 08/05/2017 | 30/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 09/05/2016 | 25/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 11/05/2015 | 26/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 12/05/2014 | 12/06/2014 | Dutch |
Valuation
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.
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 31/12/2025 · 10 active · 52 ended
Active mandates
Herman Verwilst
ActiveActive
Isabelle Cardinael
ActiveJan Cornelis
ActiveJean-Pierre Timmermans
ActiveActive
Rik Van de Walle
ActiveSteven Coppens
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other24/08/2026DIVERSEN
- Mandates02/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates18/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates19/06/2024ONTSLAGEN - BENOEMINGEN
- Other28/08/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates17/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates29/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2022ONTSLAGEN - BENOEMINGEN
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
- 2025Annual accounts 2025-942 k €↑
- 2024Annual accounts 2024-4,1 M €↓
- 2023Annual accounts 2023-656,4 k €↑
- 2022Annual accounts 2022-1,1 M €↓
- 2021Annual accounts 20211 M €↑
- 2020Annual accounts 2020-629,6 k €↓
- 2019Annual accounts 2019380,6 k €↓
- 2018Annual accounts 2018595,8 k €↑
- 2017Annual accounts 2017-704 k €↑
- 2016Annual accounts 2016-1 M €↓
- 2015Annual accounts 2015-446,2 k €↓
- 2014Annual accounts 2014-305,5 k €↑
- 2013Annual accounts 2013-367,8 k €
- 23/05/2012IncorporationPublic limited company