ACTIVE

QH10

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Financial year 2023 · closed on 31/12/2023

Net result

-109,3 k €

-279.3% YoY

Gross margin

85,2 k €

-65.2% YoY

Equity

335,1 k €

-24.6% YoY

What does QH10 do?

QH10 is a Public limited company incorporated in 2007. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.275.176

Incorporation

06/11/2007

Legal form

Public limited company

Registered office

Vredestraat 53
8790 Waregem · FlandreSee on map

Contributed capital

600 000,00 €

Latest accounts

31/12/2023

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

Positive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	85,2 k €	-65.2%	244,4 k €	+53.4%	159,4 k €	-27.7%	220,4 k €	-14.8%	258,6 k €	-11.1%	290,8 k €	+4.9%	277,3 k €	+8.2%	256,3 k €	-11.5%	289,4 k €	+2.8%	281,6 k €	+7.5%	261,9 k €	-3.0%	269,9 k €	+2.4%	263,6 k €	+17.8%	223,8 k €	+7.4%	208,3 k €	-8.6%	228 k €
EBITDA	39,6 k €	-77.7%	177,8 k €	+204%	58,5 k €	-60.9%	149,7 k €	-21.8%	191,5 k €	-15.1%	225,5 k €	+8.5%	207,9 k €	+0.7%	206,4 k €	-17.1%	249 k €	+3.7%	240,1 k €	+1.6%	236,2 k €	-3.6%	244,9 k €	+3.3%	237 k €	+20.5%	196,8 k €	+5.7%	186,2 k €	+5.1%	177,2 k €
Operating result	-54,5 k €	-165%	84,1 k €	+333%	-36,2 k €	-183%	43,8 k €	-49.3%	86,5 k €	-27.3%	119 k €	+20.2%	99,1 k €	+2.0%	97,1 k €	-29.5%	137,7 k €	+11.3%	123,7 k €	+7.2%	115,4 k €	-10.1%	128,4 k €	+1.9%	125,9 k €	+37.3%	91,8 k €	+3.7%	88,5 k €	+47.2%	60,1 k €
Net result	-109,3 k €	-279%	61 k €	+186%	-70,6 k €	-200%	-23,5 k €	-277%	13,3 k €	-75.6%	54,5 k €	+784%	-8 k €	-10.4%	-7,2 k €	-127%	27,1 k €	+177%	9,8 k €	+158%	-16,9 k €	-1755%	1 k €	+107%	-14,9 k €	+62.2%	-39,4 k €	+30.3%	-56,6 k €	+33.5%	-85,1 k €
Balance sheet
Equity	335,1 k €	-24.6%	444,4 k €	+15.9%	383,5 k €	-15.5%	454 k €	-4.9%	477,5 k €	+191%	164,2 k €	+49.6%	109,7 k €	-6.8%	117,7 k €	-5.8%	124,9 k €	+27.6%	97,9 k €	+11.1%	88,1 k €	-16.1%	105 k €	+1.0%	104 k €	-12.6%	118,9 k €	-24.9%	158,3 k €	+37.8%	114,9 k €
Total assets	2,2 M €	+5.2%	2,1 M €	-1.5%	2,1 M €	-43.3%	3,7 M €	-2.5%	3,8 M €	+1.4%	3,7 M €	+43.0%	2,6 M €	+3.7%	2,5 M €	-3.5%	2,6 M €	-4.3%	2,7 M €	-3.1%	2,8 M €	-2.3%	2,9 M €	-2.6%	3 M €	-2.1%	3 M €	-2.6%	3,1 M €	-0.9%	3,1 M €
Cash	18,7 k €	-65.6%	54,3 k €	+127%	24 k €	-41.3%	40,8 k €	-4.1%	42,6 k €	+65.7%	25,7 k €	-55.2%	57,3 k €	+1737%	3,1 k €	+1.6%	3,1 k €	-72.0%	11 k €	+46.7%	7,5 k €	-52.9%	15,9 k €	-44.7%	28,7 k €	-18.8%	35,3 k €	-40.3%	59,2 k €	+130%	25,7 k €
Debts	1,8 M €	+11.1%	1,6 M €	-5.6%	1,7 M €	-47.2%	3,2 M €	-2.1%	3,3 M €	-7.3%	3,6 M €	+42.7%	2,5 M €	+4.2%	2,4 M €	-3.4%	2,5 M €	-5.5%	2,6 M €	-3.5%	2,7 M €	-1.8%	2,8 M €	-2.8%	2,8 M €	-1.7%	2,9 M €	-1.4%	2,9 M €	-2.4%	3 M €
Other
Workforce	–		0,2 ETP		–		–		–		0,7 ETP	0.0%	0,7 ETP	+16.7%	0,6 ETP	0.0%	0,6 ETP	+50.0%	0,4 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 6 ended

Active mandates

Davy Demuynck

Director

Active

Sam Bordon

Director

Active

Ended mandates

Michaël Delobelle

Manager · since 01 septembre 2018

Ended

Marlyne Delobelle

Director · since 25 octobre 2007 · until 24 novembre 2022

Ended

Marlyne Delobelle

Director · since 25 octobre 2007

Ended

Marlyne Delobelle

Manager · since 25 octobre 2007

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Micro model	Micro 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	10/06/2026	17/06/2025	18/06/2024	05/07/2023	22/08/2022	30/07/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	17/05/2022	18/05/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/06/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	10/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	05/07/2023	Dutch	PDF
Micro model	31/12/2021	17/05/2022	22/08/2022	French	PDF
Micro model	31/12/2020	18/05/2021	30/07/2021	French	PDF
Micro model	31/12/2019	19/05/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	21/05/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	15/05/2018	27/08/2018	French	PDF
Abridged model	31/12/2016	16/05/2017	25/07/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	04/09/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	19/09/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	17/09/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	21/08/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	11/10/2011	French	PDF
Abridged model	31/12/2009	18/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	11/09/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2023 · 2 active · 6 ended

Active mandates

Davy Demuynck

Director

Active

Sam Bordon

Director

Active

Ended mandates

Michaël Delobelle

Manager · since 01 septembre 2018

Ended

Marlyne Delobelle

Director · since 25 octobre 2007 · until 24 novembre 2022

Ended

Marlyne Delobelle

Director · since 25 octobre 2007

Ended

Marlyne Delobelle

Manager · since 25 octobre 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/02/2023
BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office13/02/2023
SIEGE SOCIAL
PDF
Capital / shares18/04/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates26/09/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates24/04/2013
DENOMINATION - SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other16/11/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2023
Annual accounts 2023-109,3 k €↓
2022
Annual accounts 202261 k €↑
2022
Name changeQH10
2021
Annual accounts 2021-70,6 k €↓
2020
Annual accounts 2020-23,5 k €↓
2019
Annual accounts 201913,3 k €↓
2018
Annual accounts 201854,5 k €↑
2017
Annual accounts 2017-8 k €↓
2016
Annual accounts 2016-7,2 k €↓
2015
Annual accounts 201527,1 k €↑
2014
Annual accounts 20149,8 k €↑
2013
Annual accounts 2013-16,9 k €↓
2012
Annual accounts 20121 k €↑
2012
Name changeF4Y IMMO
2011
Annual accounts 2011-14,9 k €↑
2010
Annual accounts 2010-39,4 k €↑
2009
Annual accounts 2009-56,6 k €↑
2008
Annual accounts 2008-85,1 k €
2008
Name changeRESIDIA
06/11/2007
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

QH10

Overview

What does QH10 do?

Trend over 16 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