ACTIVE

A.Q.

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Financial year 2025 · closed on 30/09/2025

Net result

-168,8 k €

-150.4% YoY

Gross margin

2,5 M €

-11.2% YoY

Equity

2,5 M €

-6.3% YoY

Workforce

30,3 ETP

+16.1% YoY

What does A.Q. do?

A.Q. is a Private limited company incorporated in 2005. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Antwerpen. It employs on average 30,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.012.371

Incorporation

07/04/2005

Legal form

Private limited company

Registered office

Wilmingtonstraat 3
2030 Antwerpen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Average workforce

30,3 ETP

Activities (NACE)

71340Architectural and engineering activities; technical testing and analysis· main 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Joint committees (3)

Signals

Good liquidityPositive 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	2,5 M €	-11.2%	2,8 M €	+16.4%	2,4 M €	-13.3%	2,7 M €	+101%	1,4 M €	+61.8%	842,9 k €	-43.9%	1,5 M €	-18.3%	1,8 M €	+1.3%	1,8 M €	-14.0%	2,1 M €	+59.9%	1,3 M €	+22.0%	1,1 M €	+98.5%	544,8 k €	+86.9%	291,5 k €	-36.9%	462 k €	+177%	167 k €	+253%	47,3 k €	-25.2%	63,2 k €	-25.5%	84,9 k €	+2.9%	82,6 k €
EBITDA	172,5 k €	-78.7%	808,8 k €	+27.8%	632,8 k €	-54.4%	1,4 M €	+263%	382 k €	-30.6%	550,5 k €	-20.0%	687,9 k €	-38.2%	1,1 M €	+41.9%	784 k €	-31.6%	1,1 M €	+56.8%	731 k €	+21.3%	602,6 k €	+87.5%	321,3 k €	+86.9%	171,9 k €	-61.0%	441,3 k €	+209%	142,9 k €	+210%	46,1 k €	-22.3%	59,3 k €	-29.7%	84,3 k €	+50.1%	56,2 k €
Operating result	-132,4 k €	-127%	482,5 k €	+562%	72,9 k €	-92.7%	1 M €	+7420%	13,3 k €	-90.8%	144,4 k €	-65.5%	418,4 k €	-43.9%	745,4 k €	+73.5%	429,6 k €	-18.4%	526,2 k €	+73.6%	303,1 k €	-23.6%	396,5 k €	+250%	113,4 k €	+324%	26,7 k €	-91.3%	306,7 k €	+301%	76,5 k €	+705%	9,5 k €	-69.2%	30,9 k €	-27.1%	42,4 k €	-7.4%	45,8 k €
Net result	-168,8 k €	-150%	334,7 k €	+1467%	21,4 k €	-97.0%	721,7 k €	+4791%	14,8 k €	-86.8%	112 k €	-59.8%	278,7 k €	-48.6%	542,5 k €	+104%	265,8 k €	-21.3%	337,9 k €	+55.5%	217,3 k €	+1758%	11,7 k €	-78.8%	55,2 k €	+298%	13,9 k €	-92.9%	196,5 k €	+309%	48 k €	+576%	7,1 k €	-69.2%	23,1 k €	-14.0%	26,8 k €	-9.2%	29,6 k €
Balance sheet
Equity	2,5 M €	-6.3%	2,7 M €	+14.3%	2,3 M €	-7.8%	2,5 M €	+39.6%	1,8 M €	+0.8%	1,8 M €	+0.7%	1,8 M €	+18.4%	1,5 M €	+55.7%	974,6 k €	+37.5%	708,8 k €	+91.1%	370,9 k €	+40.7%	263,6 k €	+4.6%	251,9 k €	+28.1%	196,7 k €	+7.6%	182,8 k €	-1.8%	186,1 k €	+34.8%	138,1 k €	+5.4%	131 k €	+10.6%	118,4 k €	+29.3%	91,6 k €
Total assets	10,4 M €	+3.1%	10 M €	+17.2%	8,6 M €	+10.3%	7,8 M €	+45.0%	5,4 M €	+52.1%	3,5 M €	+6.9%	3,3 M €	-0.7%	3,3 M €	+12.2%	3 M €	-5.9%	3,1 M €	+43.3%	2,2 M €	+50.4%	1,5 M €	+16.0%	1,3 M €	+41.8%	887,4 k €	+29.8%	683,5 k €	+63.9%	417 k €	+80.3%	231,3 k €	+20.5%	191,9 k €	-8.6%	209,9 k €	+12.0%	187,4 k €
Cash	1,5 k €	+68.2%	910,6 €	-99.9%	1,5 M €	-24.3%	2 M €	+265%	553,3 k €	+74.5%	317 k €	+170%	117,6 k €	-62.4%	312,5 k €	+129%	136,2 k €	-56.2%	311 k €	+578%	45,9 k €	+25.2%	36,6 k €	-80.5%	187,5 k €	+78.1%	105,3 k €	+336%	24,2 k €	-73.3%	90,5 k €	+70.0%	53,2 k €	+5228%	998,7 €	-56.2%	2,3 k €	-92.9%	32,2 k €
Debts	7,8 M €	+6.5%	7,3 M €	+18.5%	6,1 M €	+19.5%	5,1 M €	+45.4%	3,5 M €	+106%	1,7 M €	+88.3%	912,8 k €	-27.3%	1,3 M €	-12.6%	1,4 M €	-33.3%	2,2 M €	+18.0%	1,8 M €	+52.6%	1,2 M €	+18.9%	1 M €	+46.3%	687,9 k €	+37.4%	500,7 k €	+117%	230,9 k €	+148%	93,2 k €	+53.0%	61 k €	-33.3%	91,5 k €	-4.6%	95,8 k €
Other
Workforce	30,3 ETP	+16.1%	26,1 ETP	+14.5%	22,8 ETP	+19.4%	19,1 ETP	+26.5%	15,1 ETP	+7.1%	14,1 ETP	+11.0%	12,7 ETP	+23.3%	10,3 ETP	0.0%	10,3 ETP	-13.4%	11,9 ETP	+33.7%	8,9 ETP	+11.3%	8,0 ETP	+8.1%	7,4 ETP	+174%	2,7 ETP	+286%	0,7 ETP	+250%	0,2 ETP		–		–		0,0 ETP	-100%	1,0 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 30/09/2025 · 2 active · 25 ended

Active mandates

KC Consulting

Director · since 14 juillet 2023 · 0839.038.023

Represented by KRIS VERBOVEN

Active

AQ Group

Managing director · 0723.930.497

Represented by Christophe BECKMANN

Active

Ended mandates

AQ Group

Managing director · since 16 mars 2023 · 0723.930.497

Represented by Christophe BECKMANN

Ended

KRIS VERBOVEN

Gedeleerd bestuurder · since 26 octobre 2021 · until 26 octobre 2027

Ended

WADE ADKINS

Director · since 26 octobre 2021 · until 26 octobre 2027

Ended

WADE ADKINS

Director · since 06 juin 2019

Ended

At this address

Other companies at this address

Company	CBE no.
AQ DEGASSING● Active	0679.648.316
AQ Group● Active	0723.930.497
AQ Partners● Active	1004.776.478
AQ Real Estate● Active	0793.442.974
ORIGIN SOLUTIONS● Active	0727.868.105

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2026	29/04/2025	30/04/2024	28/04/2023	20/04/2022	27/04/2021
General meeting	31/03/2026	31/03/2025	29/03/2024	31/03/2023	31/03/2022	31/03/2021
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	30/09/2025	31/03/2026	28/04/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	29/04/2025	Dutch	PDF
Abridged model	30/09/2023	29/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	20/04/2022	Dutch	PDF
Abridged model	30/09/2020	31/03/2021	27/04/2021	Dutch	PDF
Abridged model	30/09/2019	08/04/2020	26/05/2020	Dutch	PDF
Abridged model	31/12/2018	25/04/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/04/2018	14/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/03/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/03/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2010	25/07/2011	30/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	30/07/2007	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 30/09/2025 · 2 active · 25 ended

Active mandates

KC Consulting

Director · since 14 juillet 2023 · 0839.038.023

Represented by KRIS VERBOVEN

Active

AQ Group

Managing director · 0723.930.497

Represented by Christophe BECKMANN

Active

Ended mandates

AQ Group

Managing director · since 16 mars 2023 · 0723.930.497

Represented by Christophe BECKMANN

Ended

KRIS VERBOVEN

Gedeleerd bestuurder · since 26 octobre 2021 · until 26 octobre 2027

Ended

WADE ADKINS

Director · since 26 octobre 2021 · until 26 octobre 2027

Ended

WADE ADKINS

Director · since 06 juin 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/10/2019
MAATSCHAPPELIJKE ZETEL
PDF
Other01/07/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates28/05/2019
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 2025-168,8 k €↓
2024
Annual accounts 2024334,7 k €↑
2023
Annual accounts 202321,4 k €↓
2022
Annual accounts 2022721,7 k €↑
2021
Annual accounts 202114,8 k €↓
2020
Annual accounts 2020112 k €↓
2019
Annual accounts 2019278,7 k €↓
2018
Annual accounts 2018542,5 k €↑
2017
Annual accounts 2017265,8 k €↓
2016
Annual accounts 2016337,9 k €↑
2015
Annual accounts 2015217,3 k €↑
2014
Annual accounts 201411,7 k €↓
2013
Annual accounts 201355,2 k €↑
2012
Annual accounts 201213,9 k €↓
2011
Annual accounts 2011196,5 k €↑
2010
Annual accounts 201048 k €↑
2009
Annual accounts 20097,1 k €↓
2008
Annual accounts 200823,1 k €↓
2007
Annual accounts 200726,8 k €↓
2006
Annual accounts 200629,6 k €
07/04/2005
IncorporationPrivate 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

A.Q.

Overview

What does A.Q. 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