ACTIVE

Q.P.A. (SA)

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Financial year 2025 · closed on 31/12/2025

Net result

85,4 k €

-37.1% YoY

Gross margin

1,9 M €

+5.6% YoY

Equity

305,9 k €

-17.4% YoY

Workforce

20,4 ETP

+2.0% YoY

What does Q.P.A. do?

Q.P.A. is a Public limited company incorporated in 2004. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Poperinge. It employs on average 20,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.664.575

Incorporation

20/12/2004

Legal form

Public limited company

Registered office

Casselstraat 55
8970 Poperinge · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

20,4 ETP

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69201Accounting, bookkeeping and auditing activities; tax consultancy 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities 74122Specialised design activities

Joint committees (3)

100
200
33600

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,9 M €	+5.6%	1,8 M €	+2.3%	1,7 M €	+16.9%	1,5 M €	-9.0%	1,6 M €	-19.9%	2,1 M €	+21.0%	1,7 M €	+8.0%	1,6 M €	+6.0%	1,5 M €	-4.7%	1,6 M €	+0.5%	1,5 M €	+1.9%	1,5 M €	+16.7%	1,3 M €	+28.7%	1 M €	-1.0%	1 M €	+4.0%	983,2 k €	+10.3%	891,6 k €	-0.8%	899,1 k €	+29.4%	694,7 k €	+47.3%	471,7 k €
EBITDA	383,8 k €	-2.7%	394,4 k €	+6.2%	371,5 k €	-6.2%	395,9 k €	-21.6%	504,7 k €	-46.7%	947,2 k €	+65.1%	573,6 k €	+11.7%	513,6 k €	-11.2%	578,3 k €	-22.6%	746,8 k €	-4.4%	781,2 k €	+1.1%	772,4 k €	+24.8%	618,9 k €	+19.0%	520,3 k €	+17.5%	443 k €	-4.4%	463,3 k €	+35.6%	341,7 k €	-19.7%	425,6 k €	+2.8%	414 k €	+80.1%	229,9 k €
Operating result	169 k €	-26.8%	230,9 k €	-2.9%	237,8 k €	-22.2%	305,8 k €	-30.2%	437,9 k €	-49.8%	872,9 k €	+98.5%	439,7 k €	+14.3%	384,6 k €	-9.1%	423,3 k €	-29.5%	600,2 k €	-8.2%	653,7 k €	+7.6%	607,3 k €	+41.1%	430,5 k €	+44.0%	298,9 k €	+25.2%	238,7 k €	-3.9%	248,3 k €	+75.6%	141,4 k €	-30.4%	203,1 k €	-14.2%	236,8 k €	+63.0%	145,3 k €
Net result	85,4 k €	-37.1%	135,8 k €	-10.4%	151,6 k €	-34.4%	231,1 k €	-25.2%	309,1 k €	-50.7%	627,3 k €	+109%	300,2 k €	+10.1%	272,6 k €	-15.1%	320,9 k €	-9.6%	355 k €	-26.0%	479,9 k €	-60.0%	1,2 M €	+324%	282,7 k €	+47.0%	192,3 k €	+30.9%	146,9 k €	-2.6%	150,8 k €	+36.1%	110,8 k €	+10.6%	100,2 k €	-29.4%	142 k €	+69.5%	83,8 k €
Balance sheet
Equity	305,9 k €	-17.4%	370,5 k €	-4.2%	386,6 k €	+64.5%	235,1 k €	-7.4%	254 k €	-12.4%	289,8 k €	-29.7%	412,6 k €	-11.0%	463,5 k €	-64.1%	1,3 M €	-57.9%	3,1 M €	+12.7%	2,7 M €	+20.9%	2,3 M €	+93.7%	1,2 M €	+30.7%	889,9 k €	+25.8%	707,5 k €	+24.0%	570,4 k €	-0.0%	570,6 k €	+29.6%	440,1 k €	+29.5%	339,9 k €	+71.7%	198 k €
Total assets	1,6 M €	-12.3%	1,8 M €	-2.1%	1,9 M €	+28.6%	1,4 M €	+17.1%	1,2 M €	-26.0%	1,7 M €	+8.6%	1,5 M €	-25.7%	2,1 M €	-47.5%	3,9 M €	+13.8%	3,5 M €	+7.8%	3,2 M €	+7.8%	3 M €	+56.6%	1,9 M €	+4.4%	1,8 M €	-2.8%	1,9 M €	-4.9%	2 M €	-4.9%	2,1 M €	+7.1%	1,9 M €	+30.1%	1,5 M €	+77.9%	836,8 k €
Cash	98,4 k €	-49.6%	195,4 k €	+151%	77,9 k €	-8.7%	85,3 k €	-48.0%	164,1 k €	-71.2%	569,8 k €	+479%	98,4 k €	-74.6%	387,5 k €	-65.4%	1,1 M €	-13.8%	1,3 M €	+30.4%	997,9 k €	+12.2%	889,7 k €	+72.1%	516,9 k €	+73.9%	297,2 k €	+4.7%	283,9 k €	-4.0%	295,8 k €	+23.0%	240,4 k €	+293%	61,2 k €	-63.5%	167,5 k €	+76.1%	95,1 k €
Debts	1,3 M €	-11.0%	1,5 M €	-1.5%	1,5 M €	+21.6%	1,2 M €	+23.3%	982,7 k €	-28.3%	1,4 M €	+21.7%	1,1 M €	-30.0%	1,6 M €	-39.4%	2,7 M €	+566%	398,4 k €	-19.2%	493 k €	-32.5%	730,3 k €	-1.5%	741,3 k €	-17.5%	898,7 k €	-14.9%	1,1 M €	-18.4%	1,3 M €	-7.2%	1,4 M €	-3.4%	1,4 M €	+26.0%	1,1 M €	+79.2%	638,5 k €
Other
Workforce	20,4 ETP	+2.0%	20,0 ETP	+5.8%	18,9 ETP	+3.8%	18,2 ETP	-7.1%	19,6 ETP	+4.8%	18,7 ETP	-5.6%	19,8 ETP	+0.5%	19,7 ETP	+5.9%	18,6 ETP	+6.9%	17,4 ETP	+4.2%	16,7 ETP	+3.1%	16,2 ETP	+7.3%	15,1 ETP	+7.1%	14,1 ETP	+5.2%	13,4 ETP	+4.7%	12,8 ETP	+1.6%	12,6 ETP	+9.6%	11,5 ETP	+45.6%	7,9 ETP	+2.6%	7,7 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 31/12/2025 · 7 active · 21 ended

Active mandates

Accodes'k

Director · 0688.908.846

Represented by Nicholas Desmet

Active

ACRARU

Director · 0750.905.011

Represented by Ruben Craeymeersch

Active

HELJUWA

Director · 0844.461.313

Represented by Stefaan D'HONDT

Active

Jan Bille

Director

Active

Jan Pyck

Director

Active

John Feys

Director

Active

LUTINO

Director · until 02 avril 2026 · 0833.596.026

Represented by Frederic Florizoone

Active

Ended mandates

LUTINO

Director · since 03 janvier 2020 · 0833.596.026

Represented by Frederic Florizoone

Ended

LUTINO

Director · since 01 janvier 2020 · 0833.596.026

Represented by Frederic Florizoone

Ended

SF3J

Director · since 01 avril 2017 · 0507.668.306

Represented by Jan Pyck

Ended

HELJUWA

Director · since 15 septembre 2014 · 0844.461.313

Represented by Stefaan D'Hondt

Ended

At this address

Other companies at this address

Company	CBE no.
Groep Quartus● Active	0759.430.816
QUARTIMMO● Active	0754.582.992

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	24/07/2026	01/07/2025	06/08/2024	30/06/2023	15/07/2022	18/07/2021
General meeting	30/06/2026	10/06/2025	10/07/2024	16/06/2023	16/06/2022	18/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/07/2024	06/08/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	18/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	17/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	31/08/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	22/08/2016	21/09/2016	Dutch	PDF
Abridged model	31/12/2014	31/08/2015	25/09/2015	Dutch	PDF
Abridged model	31/12/2013	31/07/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	06/07/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/08/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	09/07/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	31/07/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	11/07/2008	05/08/2008	Dutch	PDF
Abridged model	31/12/2006	07/07/2007	03/08/2007	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 31/12/2025 · 7 active · 21 ended

Active mandates

Accodes'k

Director · 0688.908.846

Represented by Nicholas Desmet

Active

ACRARU

Director · 0750.905.011

Represented by Ruben Craeymeersch

Active

HELJUWA

Director · 0844.461.313

Represented by Stefaan D'HONDT

Active

Jan Bille

Director

Active

Jan Pyck

Director

Active

John Feys

Director

Active

LUTINO

Director · until 02 avril 2026 · 0833.596.026

Represented by Frederic Florizoone

Active

Ended mandates

LUTINO

Director · since 03 janvier 2020 · 0833.596.026

Represented by Frederic Florizoone

Ended

LUTINO

Director · since 01 janvier 2020 · 0833.596.026

Represented by Frederic Florizoone

Ended

SF3J

Director · since 01 avril 2017 · 0507.668.306

Represented by Jan Pyck

Ended

HELJUWA

Director · since 15 septembre 2014 · 0844.461.313

Represented by Stefaan D'Hondt

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2020
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - WIJZIGING RECHTSVORM
PDF
Mandates03/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other08/01/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/11/2014
ONTSLAGEN - BENOEMINGEN
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 202585,4 k €↓
2024
Annual accounts 2024135,8 k €↓
2023
Annual accounts 2023151,6 k €↓
2022
Annual accounts 2022231,1 k €↓
2021
Annual accounts 2021309,1 k €↓
2020
Annual accounts 2020627,3 k €↑
2020
Name changeQ.P.A.
2019
Annual accounts 2019300,2 k €↑
2018
Annual accounts 2018272,6 k €↓
2017
Annual accounts 2017320,9 k €↓
2016
Annual accounts 2016355 k €↓
2015
Annual accounts 2015479,9 k €↓
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 2013282,7 k €↑
2012
Annual accounts 2012192,3 k €↑
2011
Annual accounts 2011146,9 k €↓
2010
Annual accounts 2010150,8 k €↑
2009
Annual accounts 2009110,8 k €↑
2008
Annual accounts 2008100,2 k €↓
2007
Annual accounts 2007142 k €↑
2006
Annual accounts 200683,8 k €
2006
Name changeBLONDEAU & PARTNERS
20/12/2004
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

Q.P.A. (SA)

Overview

What does Q.P.A. do?

Trend over 20 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