ACTIVE

QUAEROQ

Financial year 2025 · Closed on 31/12/2025

Net result13,9 M €+1 952,1 %over 1 year

Revenue16,2 k €+0,3 %over 1 year

Equity55,9 M €-9,8 %over 1 year

Identity

Source · BCE/KBO

QUAEROQ is a Public limited company incorporated in 2003. Its main activity is: Trusts, funds and similar financial entities. Its registered office is in Waregem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0862.330.988
Incorporation: 22/12/2003
Legal form: Public limited company
Registered office: Kalkhoevestraat 10 box 3.1
8790 Waregem · FlandreSee on map
Contributed capital: 3 337 147,33 €
Latest accounts: 31/12/2025

Activities (NACE)

64300Trusts, funds and similar financial entities· main 64310Trusts, funds and similar financial entities 64200Activities of holding companies 64210Activities of holding companies 70200Management consultancy activities 70210Public relations and communication activities+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	16,2 k €	+0.3%	16,2 k €	+61.3%	10 k €		–		–
EBITDA	-324,5 k €	-22.0%	-266 k €	+37.5%	-425,6 k €	-4.4%	-407,7 k €	-14.3%	-356,8 k €
Operating result	-324,5 k €	-22.0%	-266 k €	+37.5%	-425,6 k €	-4.4%	-407,7 k €	-14.3%	-356,8 k €
Net result	13,9 M €	+1952%	-752,8 k €	-121%	3,5 M €	-35.3%	5,4 M €	-45.4%	10 M €
Balance sheet
Equity	55,9 M €	-9.8%	62 M €	-45.0%	112,7 M €	+3.2%	109,2 M €	+5.2%	103,8 M €
Total assets	86,1 M €	-32.2%	127 M €	-0.6%	127,8 M €	+11.8%	114,3 M €	+5.0%	108,8 M €
Cash	1,4 M €	+2544%	53,7 k €	-99.0%	5,4 M €	+39.4%	3,9 M €	+30.0%	3 M €
Debts	30,2 M €	-53.6%	65 M €	+331%	15,1 M €	+197%	5,1 M €	+0.5%	5,1 M €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Blauwhoeve0810.472.018Represented by Ivan Van de Maele	Director30/06/2009 → 30/06/2027
VAUBAN0838.114.246Represented by Gaëtan Hannecart	Director30/11/2011 → 30/06/2027Chairman of the board of directors30/11/2011 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FINANCIERE DES CYTISES0471.759.993Represented by Michel Delloye	Director01/12/2017 → 2024 accounts
Cytindus NV0460.724.264Represented by Michel Delloye	Director14/07/2015 → 01/12/2017

Other companies at this address

Kalkhoevestraat 10 8790 Waregem

Company	CBE no.
ABACUS GROUP● Active	0435.477.936
ABACUS INVEST● Active	0656.666.442
ABACUS INVESTMENTS● Active	1037.541.692
AEDIMAR● Active	0889.787.136
AEDISAMBRE● Active	0785.552.619
ANKOR INVEST● Active	0893.947.545
ANKOR REAL ESTATE● Active	0715.759.238
ARNAGE INVEST● Active	0844.461.412
BIADIS● Active	0681.655.424
CLEARCASES● Active	1033.592.507
Imara● Active	1010.233.719
JOERNS BE● Active	0644.829.175
LOCAMPOAMOR TRES● Active	0477.552.675
MVA Energy Belgium● Active	0800.559.311
MVA Project Co. 1● Active	1021.204.320
MVA Project Co. 2● Active	1021.204.716
MVA Project Co. 3● Active	1026.988.686
MVA Project Co. 4● Active	1030.769.213
MVA Project Co. 5● Active	1039.105.966
PAVAMO● Active	0428.956.665

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	15/07/2026	09/07/2025	26/06/2024	07/07/2023	13/07/2022	05/07/2021
General meeting	24/06/2026	25/06/2025	26/06/2024	30/06/2023	30/06/2022	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	09/07/2025	Dutch	PDF
Full model	31/12/2023	26/06/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	01/07/2020	Dutch	PDF
Full model	31/12/2018	30/09/2019	01/10/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	09/07/2018	Dutch	PDF
Full model	31/12/2016	28/06/2017	25/08/2017	Dutch	PDF
Full model	31/12/2015	29/06/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	17/07/2015	Dutch	PDF
Full model	31/12/2013	05/03/2014	31/07/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	11/09/2013	Dutch	PDF
Full model	31/12/2011	26/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	30/08/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Full model	31/12/2007	04/06/2008	17/07/2008	Dutch	PDF
Full modelCorrection	31/12/2006	02/05/2007	23/08/2007	Dutch	PDF
Full model	31/12/2006	02/05/2007	12/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Blauwhoeve0810.472.018Represented by Ivan Van de Maele	Director30/06/2009 → 30/06/2027
VAUBAN0838.114.246Represented by Gaëtan Hannecart	Director30/11/2011 → 30/06/2027Chairman of the board of directors30/11/2011 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FINANCIERE DES CYTISES0471.759.993Represented by Michel Delloye	Director01/12/2017 → 2024 accounts
Cytindus NV0460.724.264Represented by Michel Delloye	Director14/07/2015 → 01/12/2017

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/11/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/09/2021
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN
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

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

De Blauwhoeve

VAUBAN

FINANCIERE DES CYTISES

Cytindus NV

VINTEOR

NIMMOBO

At Infinitum

MATEXI REAL ESTATE FINANCE

2003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

QUAEROQ

Kalkhoevestraat 10 bte 3.1, 8790 Waregem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kalkhoevestraat 10 bte 3.1, 8790 WaregemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00307063
Franklin Rooseveltlaan 180, 8790 Waregem	accounts 2021	Accounts 2021 · 2022-20196957

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
QUAEROQCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00307063

Events

2025
Annual accounts 202513,9 M €↑
04/11/2025
reconductionTina Burm · commissaris
2024
Annual accounts 2024-752,8 k €↓
01/01/2024
nominationGaëtan Hannecart · gedelegeerd bestuurder
01/01/2024
nominationIvan Van de Maele · gedelegeerd bestuurder
2023
Annual accounts 20233,5 M €↓
2022
Annual accounts 20225,4 M €↓
07/11/2022
reconductionTony Moreels · commissaris
2021
Annual accounts 202110 M €↓
2020
Annual accounts 202015,2 M €↑
2019
Annual accounts 20193 M €↓
2018
Annual accounts 20186,5 M €↓
2017
Annual accounts 20179,2 M €↓
2016
Annual accounts 20169,9 M €↑
2015
Annual accounts 20156,6 M €↓
2014
Annual accounts 201415 M €↓
2013
Annual accounts 201318,1 M €↑
2012
Annual accounts 201211,1 M €↑
2011
Annual accounts 2011-7,7 M €↓
2010
Annual accounts 20109,3 M €↓
2009
Annual accounts 200915,3 M €↑
2008
Annual accounts 2008-32,7 M €↓
2007
Annual accounts 20076,5 M €↑
2006
Annual accounts 20063,5 M €
22/12/2003
IncorporationPublic limited company

QUAEROQ

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events