ACTIVE

QFRAME

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Financial year 2025 · closed on 31/12/2025
Net result
291,2 k €
-50.7% YoY
Revenue
9,5 M €
+6.9% YoY
Equity
2,3 M €
+10.9% YoY
Workforce
38,4 ETP
-1.8% YoY

What does QFRAME do?

QFRAME is a Public limited company incorporated in 2007. Its registered office is in Kontich. It employs on average 38,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0887.377.180
Incorporation
20/02/2007
Legal form
Public limited company
Registered office
Veldkant 33A
2550 Kontich · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
38,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue9,5 M €8,9 M €7,9 M €6,1 M €5,8 M €6,2 M €6,4 M €6,2 M €5,2 M €4,1 M €4 M €4,1 M €3,8 M €3,6 M €3,5 M €2,9 M €3 M €5,1 M €
EBITDA534 k €858,3 k €792,2 k €450,6 k €363,2 k €694,5 k €622,5 k €676,8 k €695,9 k €571,3 k €288,9 k €336,3 k €353,5 k €399,4 k €259,6 k €250,3 k €296,1 k €278,4 k €
Operating result484,5 k €818 k €772,2 k €330,1 k €291,7 k €629,1 k €595,1 k €710,7 k €596,5 k €554,2 k €275,1 k €320,6 k €333,2 k €376,4 k €241,9 k €234,4 k €283,1 k €266,6 k €
Net result291,2 k €591,1 k €535 k €222 k €157,8 k €438,5 k €406 k €460,9 k €348,3 k €321,3 k €148,1 k €182,1 k €182,1 k €202,7 k €109,4 k €102,4 k €109,1 k €98,4 k €
Balance sheet
Equity2,3 M €2,1 M €1,7 M €1,3 M €1,1 M €1,6 M €1,3 M €977,4 k €1,2 M €842,6 k €621,3 k €618,2 k €536,1 k €683,9 k €481,2 k €371,8 k €269,5 k €160,4 k €
Total assets4,1 M €3,8 M €3,3 M €2,2 M €2,2 M €3 M €2,5 M €2,4 M €2,9 M €1,9 M €1,5 M €1,7 M €1,6 M €1,4 M €1,1 M €1,1 M €983,7 k €1,2 M €
Cash31,3 k €25,9 k €299,2 k €18,2 k €21,8 k €33,1 k €31,2 k €476,9 k €175,4 k €150,7 k €237,8 k €58,8 k €147,1 k €467,6 k €158,8 k €175 k €377,3 k €270,8 k €
Debts1,3 M €1,7 M €1,5 M €907,2 k €1,1 M €1,4 M €1,2 M €1,4 M €1,6 M €1 M €904,3 k €1,1 M €949,4 k €730,2 k €612,3 k €707,6 k €714,3 k €1 M €
Other
Workforce38,4 ETP39,1 ETP37,7 ETP36,3 ETP36,8 ETP34,4 ETP36,6 ETP35,7 ETP34,4 ETP31,3 ETP29,5 ETP25,1 ETP29,3 ETP30,4 ETP31,6 ETP31,2 ETP29,3 ETP29,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Daniel Gladines

Director · since 24 août 2023 · until 21 juin 2029

Active
De Cronos Groep

Director · since 24 août 2023 · until 21 juin 2029 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 24 août 2023 · until 21 juin 2029

Active

Ended mandates

Daniel Gladinez

Director · since 24 août 2023 · until 21 juin 2029

Ended
Daniel Gladinez

Director · since 11 décembre 2019 · until 15 juin 2023

Ended
Daniel Gladinez

Director · since 11 décembre 2019 · until 23 août 2023

Ended
De Cronos Groep

Director · since 16 juin 2017 · until 15 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202612/09/202521/08/202429/08/202324/08/202217/08/2021
General meeting10/07/202628/08/202524/07/202423/08/202328/07/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/07/202624/08/2026DutchPDF
Abridged model31/12/202428/08/202512/09/2025DutchPDF
Abridged model31/12/202324/07/202421/08/2024DutchPDF
Abridged model31/12/202223/08/202329/08/2023DutchPDF
Abridged model31/12/202128/07/202224/08/2022DutchPDF
Abridged model31/12/202030/06/202117/08/2021DutchPDF
Abridged model31/12/201917/07/202024/07/2020DutchPDF
Abridged modelCorrection31/12/201820/06/201917/09/2019DutchPDF
Abridged modelCorrection31/12/201820/06/201915/07/2019DutchPDF
Abridged model31/12/201820/06/201908/07/2019DutchPDF
Abridged model31/12/201721/06/201827/07/2018DutchPDF
Full model31/12/201615/06/201703/07/2017DutchPDF
Full model31/12/201516/06/201612/07/2016DutchPDF
Full model31/12/201418/06/201525/06/2015DutchPDF
Full model31/12/201319/06/201404/07/2014DutchPDF
Full model31/12/201220/06/201309/07/2013DutchPDF
Full model31/12/201121/06/201226/07/2012DutchPDF
Full model31/12/201016/06/201102/08/2011DutchPDF
Full model31/12/200917/06/201015/07/2010DutchPDF
Full model31/12/200818/06/200923/07/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 19 ended

Active mandates

Daniel Gladines

Director · since 24 août 2023 · until 21 juin 2029

Active
De Cronos Groep

Director · since 24 août 2023 · until 21 juin 2029 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 24 août 2023 · until 21 juin 2029

Active

Ended mandates

Daniel Gladinez

Director · since 24 août 2023 · until 21 juin 2029

Ended
Daniel Gladinez

Director · since 11 décembre 2019 · until 15 juin 2023

Ended
Daniel Gladinez

Director · since 11 décembre 2019 · until 23 août 2023

Ended
De Cronos Groep

Director · since 16 juin 2017 · until 15 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2013
    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

Timeline

  1. 2025
    Annual accounts 2025291,2 k €↓
  2. 2024
    Annual accounts 2024591,1 k €↑
  3. 2023
    Annual accounts 2023535 k €↑
  4. 2022
    Annual accounts 2022222 k €↑
  5. 2021
    Annual accounts 2021157,8 k €↓
  6. 2020
    Annual accounts 2020438,5 k €↑
  7. 2019
    Annual accounts 2019406 k €↓
  8. 2018
    Annual accounts 2018460,9 k €↑
  9. 2017
    Annual accounts 2017348,3 k €↑
  10. 2016
    Annual accounts 2016321,3 k €↑
  11. 2015
    Annual accounts 2015148,1 k €↓
  12. 2014
    Annual accounts 2014182,1 k €↓
  13. 2013
    Annual accounts 2013182,1 k €↓
  14. 2012
    Annual accounts 2012202,7 k €↑
  15. 2011
    Annual accounts 2011109,4 k €↑
  16. 2010
    Annual accounts 2010102,4 k €↓
  17. 2009
    Annual accounts 2009109,1 k €↑
  18. 2008
    Annual accounts 200898,4 k €
  19. 20/02/2007
    IncorporationPublic limited company