Summary
Q-group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €15.7m and a net result of €631,473. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 2451 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
on the day
2023
2 d early
2022
17 d late
2021
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
On 24 March 1995, Q-group was incorporated.1 The name was changed to Q-group in 2005.2 The capital was increased 2 times between 2005 and 2015, most recently to EUR 4.9 million.34 In 2008 the registered office moved to Lokeren.5 BRUSSELS MEAT was merged into the company in 2020.6 Of the 4 current board members, Bertus H.W. (Robert) Van Ballegooijen has served longest, since 2024.7 Total assets went from EUR 26 million in 2020 to EUR 20 million in 2025.8
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Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#5 company by total assets in Lokeren, Finance and insurance sector#5 company by equity in Lokeren, Finance and insurance sector#6 oldest company in Lokeren, Finance and insurance sector
Equity
€15.7m▼ 6.4%
2024 · €16.7m
Net result
€631,473▼ 21.1%
2024 · €800,733
Total assets
€20.3m▼ 12.4%
2024 · €23.2m
Solvency
77.1%▲ 4.9pp
2024 · 72.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.2m▼ 1.2%€3.4m▲ 56.2%€2.5m▼ 25.7%€2.8m▲ 10.5%€1.8m▼ 34.5%
Operating result€624,503▲ 138%€1.6m▲ 161%€764,547▼ 53.1%€1.1m▲ 49.7%€2,808▼ 99.8%
Net result-€346,846below the sector's middle half€2.5mabove the sector's middle half€1.3mabove the sector's middle half▼ 47.5%€800,733within the sector's middle half▼ 38.0%€631,473within the sector's middle half▼ 21.1%
Equity€11.9mwithin the sector's middle half▼ 13.4%€13.6mwithin the sector's middle half▲ 14.1%€15.2mwithin the sector's middle half▲ 11.8%€16.7mwithin the sector's middle half▲ 10.1%€15.7mwithin the sector's middle half▼ 6.4%
Total assets€22.1mwithin the sector's middle half▼ 13.8%€20.9mwithin the sector's middle half▼ 5.4%€21.1mwithin the sector's middle half▲ 0.8%€23.2mwithin the sector's middle half▲ 10.0%€20.3mwithin the sector's middle half▼ 12.4%
Debt€10.2m▼ 14.3%€7.3m▼ 28.2%€5.9m▼ 19.6%€6.5m▲ 9.5%€4.7m▼ 27.9%
Working capital-€3.9mbelow the sector's middle half-€3.2mbelow the sector's middle half▲ 18.9%-€2.1mbelow the sector's middle half▲ 34.8%-€3.2mbelow the sector's middle half▼ 55.1%-€1.8mbelow the sector's middle half▲ 44.3%
Solvency53.8%within the sector's middle half▲ 0.3pp64.9%within the sector's middle half▲ 11.1pp72.0%within the sector's middle half▲ 7.1pp72.1%within the sector's middle half▲ 0.1pp77.1%within the sector's middle half▲ 4.9pp
Current ratio0.50within the sector's middle half▼ 1.070.41within the sector's middle half▼ 0.090.53within the sector's middle half▲ 0.120.41within the sector's middle half▼ 0.120.41within the sector's middle half=
Return on assets (ROA)-1.6%below the sector's middle half▼ 3.0pp11.7%above the sector's middle half▲ 13.3pp6.1%within the sector's middle half▼ 5.6pp3.4%within the sector's middle half▼ 2.7pp3.1%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 100% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.3m
Fixed assets
€19.1m ▼ 9.2%
Current assets
€1.2m ▼ 43.7%
Equity and liabilities €20.3m
Equity
€15.7m ▼ 6.4%
Debt
€4.7m ▼ 27.9%
Debt's share of the balance-sheet total falls from 27.9% to 22.9%. Equity and debt are lower.
Key figures and ratios
ROE
4.0%▼
2024 · 4.8%
Debt ≤ 1 year
€3.0m▼
2024 · €5.4m
Debt > 1 year
€1.7m▲
2024 · €1.1m
Income taxes
€35▼
2024 · €274,626
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €2.2m | €3.4m | €2.5m | €2.8m | €1.8m | ▼ 35.0% |
| Turnover70 | €2.2m | €3.4m | €2.5m | €2.8m | €1.8m | ▼ 34.5% |
| Other operating income74 | €1,155 | €0 | €25,276 | €22,423 | €0 | ▼ 100% |
| Operating charges60/66A | €1.5m | €1.8m | €1.8m | €1.7m | €1.8m | ▲ 9.6% |
| Services and other goods61 | €1.5m | €1.8m | €1.8m | €1.7m | €1.8m | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,770 | €2,021 | €0 | - | - | - |
| Other operating charges640/8 | €1,136 | €1,072 | €1,167 | €1,183 | €1,225 | ▲ 3.6% |
| Operating profit (loss)9901 | €624,503 | €1.6m | €764,547 | €1.1m | €2,808 | ▼ 99.8% |
| Financial income75/76B | €501,477 | €1.6m | €964,753 | €130,585 | €1.2m | ▲ 792% |
| Recurring financial income75 | €1,477 | €1.6m | €954,149 | €130,585 | €1.2m | ▲ 792% |
| Income from financial fixed assets750 | - | €1.6m | €954,149 | €130,585 | €1.2m | ▲ 792% |
| Income from current assets751 | €1,477 | €0 | - | - | - | - |
| Non-recurring financial income76B | €500,000 | €0 | €10,604 | €0 | - | - |
| Financial charges65/66B | €1.3m | €460,649 | €262,267 | €199,546 | €535,551 | ▲ 168% |
| Recurring financial charges65 | €74,409 | €130,963 | €260,866 | €192,270 | €143,568 | ▼ 25.3% |
| Debt charges650 | €72,785 | €130,251 | €258,847 | €191,360 | €142,206 | ▼ 25.7% |
| Other financial charges652/9 | €1,624 | €712 | €2,018 | €910 | €1,363 | ▲ 49.7% |
| Non-recurring financial charges66B | €1.2m | €329,686 | €1,402 | €7,276 | €391,983 | ▲ 5,287% |
| Profit (loss) for the period before taxes9903 | -€189,202 | €2.8m | €1.5m | €1.1m | €631,508 | ▼ 41.3% |
| Income taxes67/77 | €157,644 | €316,616 | €176,139 | €274,626 | €35 | ▼ 100.0% |
| Taxes670/3 | €215,166 | €466,616 | €247,223 | €275,000 | €35 | ▼ 100.0% |
| Tax adjustments and reversals of tax provisions77 | €57,522 | €150,000 | €71,084 | €374 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€346,846 | €2.5m | €1.3m | €800,733 | €631,473 | ▼ 21.1% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€346,846 | €2.5m | €1.3m | €800,733 | €631,473 | ▼ 21.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22.1m | €20.9m | €21.1m | €23.2m | €20.3m | ▼ 12.4% |
| Fixed assets21/28 | €18.2m | €18.7m | €18.8m | €21.0m | €19.1m | ▼ 9.2% |
| Intangible fixed assets21 | €2,021 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €18.2m | €18.7m | €18.8m | €21.0m | €19.1m | ▼ 9.2% |
| Affiliated companies280/1 | €18.2m | €18.7m | €18.8m | €21.0m | €18.6m | ▼ 11.5% |
| Participating interests280 | €16.5m | €15.6m | €15.9m | €18.2m | €17.0m | ▼ 6.5% |
| Amounts receivable281 | €1.8m | €3.2m | €2.9m | €2.9m | €1.6m | ▼ 43.4% |
| Companies linked by participating interests282/3 | €0 | - | - | - | €500,000 | - |
| Participating interests282 | €0 | - | - | - | €500,000 | - |
| Current assets29/58 | €3.9m | €2.2m | €2.3m | €2.2m | €1.2m | ▼ 43.7% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €2.4m | €804,795 | €1.3m | €1.3m | €345,831 | ▼ 73.9% |
| Trade receivables40 | €123,090 | €106,750 | €237,870 | €236,897 | €75,020 | ▼ 68.3% |
| Other amounts receivable41 | €2.2m | €698,045 | €1.1m | €1.1m | €270,811 | ▼ 75.1% |
| Current investments50/53 | €800,000 | €565,000 | €565,000 | €565,000 | €565,000 | = |
| Own shares50 | €800,000 | €565,000 | €565,000 | €565,000 | €565,000 | = |
| Cash at bank and in hand54/58 | €772,311 | €824,040 | €457,702 | €292,289 | €312,978 | ▲ 7.1% |
| Deferred charges and accrued income490/1 | €1,093 | €6,187 | €6,599 | €4,922 | €7,859 | ▲ 59.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22.1m | €20.9m | €21.1m | €23.2m | €20.3m | ▼ 12.4% |
| Equity10/15 | €11.9m | €13.6m | €15.2m | €16.7m | €15.7m | ▼ 6.4% |
| Contributions10/11 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Capital10 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Issued capital100 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Revaluation surpluses12 | €2.5m | €1.7m | €2.0m | €2.8m | €1.1m | ▼ 61.8% |
| Reserves13 | €4.5m | €7.0m | €8.3m | €9.1m | €9.7m | ▲ 7.0% |
| Non-distributable reserves130/1 | €1.3m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Legal reserve130 | €490,000 | €490,000 | €490,000 | €490,000 | €490,000 | = |
| Own shares acquired1312 | €800,000 | €565,000 | €565,000 | €565,000 | €565,000 | = |
| Distributable reserves133 | €3.2m | €5.9m | €7.2m | €8.0m | €8.7m | ▲ 7.9% |
| Amounts payable17/49 | €10.2m | €7.3m | €5.9m | €6.5m | €4.7m | ▼ 27.9% |
| Amounts payable after more than one year17 | €2.4m | €2.0m | €1.5m | €1.1m | €1.7m | ▲ 52.0% |
| Financial debts170/4 | €2.4m | €2.0m | €1.5m | €1.1m | €1.7m | ▲ 52.0% |
| Credit institutions173 | €2.4m | €2.0m | €1.5m | €1.1m | €652,500 | ▼ 40.0% |
| Other loans174 | - | - | - | - | €1.0m | - |
| Other amounts payable178/9 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €7.8m | €5.4m | €4.4m | €5.4m | €3.0m | ▼ 44.0% |
| Current portion of amounts payable after more than one year42 | €435,000 | €435,000 | €435,000 | €435,000 | €435,000 | = |
| Trade debts44 | €648,483 | €240,926 | €532,702 | €451,430 | €394,456 | ▼ 12.6% |
| Suppliers440/4 | €648,483 | €240,926 | €532,702 | €451,430 | €394,456 | ▼ 12.6% |
| Taxes, remuneration and social security45 | €183,159 | €116,202 | €103,875 | €223,799 | €0 | ▼ 100% |
| Taxes450/3 | €183,159 | €116,202 | €103,875 | €223,799 | €0 | ▼ 100% |
| Other amounts payable47/48 | €6.6m | €4.6m | €3.3m | €4.3m | €2.2m | ▼ 48.9% |
| Accrued charges and deferred income492/3 | €177 | €25,000 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€346,846 | €2.5m | €1.3m | €800,733 | €631,473 | ▼ 21.1% |
| + Depreciation and write-downs630 | €9,770 | €2,021 | €0 | - | - | - |
| Operating cash flow (approximation) | -€337,075 | €2.5m | €1.3m | €800,733 | €631,473 | ▼ 21.1% |
| Investment in fixed assets (approximation) | - | -€541,078 | -€43,363 | -€2.2m | €1.9m | ▲ 186% |
| Change in cash | - | €51,728 | -€366,338 | -€165,412 | €20,689 | ▲ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
11-05
State Gazette act
Resignations: GDB MANAGEMENT SERVICES BV (director) and Ge & S BV (director)Permanent representatives: Guy De Bruycker, Gert De Bruycker and 2 others · Appointments: BUSINESS FOR GROWTH (afgekort B4G) BV, YOU NEVER WORK ALONE BV and Bertus H.W. (Robert) Van Ballegooijen17 facts ▸
State Gazette act
Resignations: GDB MANAGEMENT SERVICES BV (director) and Ge & S BV (director)
Permanent representatives: Guy De Bruycker, Gert De Bruycker and 2 others · Appointments: BUSINESS FOR GROWTH (afgekort B4G) BV, YOU NEVER WORK ALONE BV and Bertus H.W. (Robert) Van Ballegooijen17 facts ▸
- General meeting, 26-03-2026
- Director resignation, GDB MANAGEMENT SERVICES BV (director)
- Director resignation, Ge & S BV (director)
- Permanent representative, Guy De Bruycker (permanent representative)
- Permanent representative, Gert De Bruycker (permanent representative)
- Director appointment, BUSINESS FOR GROWTH (afgekort B4G) BV (director)
- Director appointment, YOU NEVER WORK ALONE BV (director)
- Permanent representative, Ann Biebuyck (permanent representative)
- Permanent representative, Tom Bonnarens (permanent representative)
- Other statement, aanvaarding mandaat en geen verzetsmaatregel, gekozen bestuurders en hun vaste vertegenwoordigers
- Board meeting, 26-03-2026
- Director appointment, Bertus H.W. (Robert) Van Ballegooijen (chair of the board)
- +5 further facts in this act
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-09
State Gazette act
Appointment: Moore Audit BV (statutory auditor)Permanent representatives: Aurelie Tack and Guy De Bruycker4 facts ▸
State Gazette act
Appointment: Moore Audit BV (statutory auditor)
Permanent representatives: Aurelie Tack and Guy De Bruycker4 facts ▸
- General meeting, 25-07-2024
- Auditor appointment, Moore Audit BV (statutory auditor)
- Permanent representative, Aurelie Tack
- Permanent representative, Guy De Bruycker
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
15-02
State Gazette act
Resignations: VERCALA BV, EDB MANAGEMENT BV and 3 othersAppointments: Bertus H.W. (Robert) Van Ballegooijen, Petrus H.J. (Pieter) Geeraerts and 2 others · Permanent representatives: Guy De Bruycker and Gert De Bruycker · Permanent representative resignation20 facts ▸
State Gazette act
Resignations: VERCALA BV, EDB MANAGEMENT BV and 3 others
Appointments: Bertus H.W. (Robert) Van Ballegooijen, Petrus H.J. (Pieter) Geeraerts and 2 others · Permanent representatives: Guy De Bruycker and Gert De Bruycker · Permanent representative resignation20 facts ▸
- General meeting, 05-12-2023
- Director resignation, VERCALA BV (director)
- Director resignation, EDB MANAGEMENT BV (director)
- Director resignation, VANDORS BV (director)
- Director resignation, GDB MANAGEMENT SERVICES BV (director)
- Director resignation, Ge & S BV (director)
- Director appointment, Bertus H.W. (Robert) Van Ballegooijen (director)
- Director appointment, Petrus H.J. (Pieter) Geeraerts (director)
- Director appointment, GDB MANAGEMENT SERVICES BV (director)
- Director appointment, Ge & S BV (director)
- Board meeting, 05-12-2023
- Director resignation, GDB MANAGEMENT SERVICES BV (managing director)
- +8 further facts in this act
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 17 days late
30-01
State Gazette act
Resignation: Vermeire Consulting BV (director)Permanent representative: Raf Vermeire3 facts ▸
State Gazette act
Resignation: Vermeire Consulting BV (director)
Permanent representative: Raf Vermeire3 facts ▸
- General meeting, 05-07-2022
- Director resignation, Vermeire Consulting BV (director)
- Permanent representative, Raf Vermeire (permanent representative)
Show earlier events
2022
31-12
Financial
Back to profitnet €2.5m
Net result €2.5m after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
23-02
State Gazette act
Reappointments: EDB Management BV, GDB Management Services BV and 5 othersPermanent representatives: Etienne De Bruycker, Guy De Bruycker and 6 others · Appointment: GDB Management Services BV (chair of the board)19 facts ▸
State Gazette act
Reappointments: EDB Management BV, GDB Management Services BV and 5 others
Permanent representatives: Etienne De Bruycker, Guy De Bruycker and 6 others · Appointment: GDB Management Services BV (chair of the board)19 facts ▸
- General meeting, 30-08-2021
- Director reappointment, EDB Management BV (director)
- Director reappointment, GDB Management Services BV (director)
- Director reappointment, GE&S BV (director)
- Director reappointment, Vandors BV (director)
- Director reappointment, Vercala BV (director)
- Director reappointment, Vermeire Consulting BV (director)
- Permanent representative, Etienne De Bruycker
- Permanent representative, Guy De Bruycker
- Permanent representative, Gert De Bruycker
- Permanent representative, Erwin Van Dorslaer
- Permanent representative, Ludo Calaerts
- +7 further facts in this act
2021
18-10
State Gazette act
Capital & sharesPower of attorney3 facts ▸
State Gazette act
Capital & shares
Power of attorney3 facts ▸
- General meeting, 02-09-2020
- Power of attorney, Q-GROUP
- Power of attorney, GDB Management Services BV
2020
31-12
Financial
Back to profitnet €364,672
Net result €364,672 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.58
Current ratio from 0.69 to 1.58; short-term debt falls from €5.1m to €3.2m.
17-11
State Gazette act
Resignations: ILEX ADVIES BV (director) and Luc Verhulst (permanent representative)Appointments: GDB Management Services BV (chair) and VERCALA BV (director) · Permanent representative: Ludo Calaerts · Director discharge24 facts ▸
State Gazette act
Resignations: ILEX ADVIES BV (director) and Luc Verhulst (permanent representative)
Appointments: GDB Management Services BV (chair) and VERCALA BV (director) · Permanent representative: Ludo Calaerts · Director discharge24 facts ▸
- General meeting, 01-10-2020
- Director resignation, ILEX ADVIES BV (director)
- Director resignation, Luc Verhulst (permanent representative)
- Director resignation, ILEX ADVIES BV (chair)
- Director discharge, ILEX ADVIES BV
- Board meeting, 01-10-2020
- Director appointment, GDB Management Services BV (chair)
- Board composition, GDB Management Services BV (chair)
- Board composition, Ge & S BV (director)
- Board composition, Vandors BV (director)
- Board composition, Vermeire Consulting BV (director)
- Board composition, EDB Management BV (director)
- +12 further facts in this act
21-08
State Gazette act
Statutes amendment · RestructuringReappointment: Q-GROUP (director) · Capital · Merger14 facts ▸
State Gazette act
Statutes amendment · Restructuring
Reappointment: Q-GROUP (director) · Capital · Merger14 facts ▸
- General meeting, 31-07-2020
- Statutes amendment
- Capital, €4.900.000
- Director reappointment, Q-GROUP (director)
- Merger, 31-07-2020
- Net-asset statement, 31-12-2019
- Accounting effect, 01-01-2020
- Dissolution, 31-07-2020
- Director discharge, BRUSSELS MEAT
- Power of attorney, Q-GROUP
- Power of attorney, Q-GROUP
- Shareholding, 100% (alle aandelen)
- +2 further facts in this act
29-06
State Gazette act
RestructuringMerger · Capital · Net-asset statement7 facts ▸
State Gazette act
Restructuring
Merger · Capital · Net-asset statement7 facts ▸
- Merger, met fusie door overneming gelijkgestelde verrichting
- Capital, €4.900.000
- Capital, €107.590
- Net-asset statement, 31-12-2019
- Accounting effect, 01-01-2020
- Shareholding, 580, Indien, om welke reden ook, de naamloze vennootschap "Q-Group", voormeld, op datum van de voorgenen fusieverrichting geen eigenaar meer zou zijn van alle v…
- Exchange ratio, Vermits de overnemende vennootschap eigenaar is van honderd procent van de aandelen van de over te nemen vennootschap zullen er naar aanleiding van de met een f…
2019
31-12
Financial
Weakest financial yearnet -€1.8m
Net result drops to -€1.8m, the lowest in the series; recovery starts the following year.
2018
29-11
State Gazette act
Reappointment: Moore Stephens Audit BV CVBA (statutory auditor)Permanent representatives: Peter Verschelden and Wendy Van der Biest4 facts ▸
State Gazette act
Reappointment: Moore Stephens Audit BV CVBA (statutory auditor)
Permanent representatives: Peter Verschelden and Wendy Van der Biest4 facts ▸
- General meeting, 29-06-2018
- Auditor reappointment, Moore Stephens Audit BV CVBA
- Permanent representative, Peter Verschelden
- Permanent representative, Wendy Van der Biest
2017
17-08
State Gazette act
RestructuringDemerger · Accounting effect · Net-asset statement9 facts ▸
State Gazette act
Restructuring
Demerger · Accounting effect · Net-asset statement9 facts ▸
- General meeting, 26-07-2017
- Demerger, partial split by absorption, 01-01-2017
- Accounting effect, 01-01-2017
- Net-asset statement, 31-12-2016
- Share issue, 6193, Vergoeding voor toewijzing van de bedrijfstak "Participatie VLEESWAREN ANTONIO en iQUILA FOOD FAMILY"
- Power of attorney, Ivan DE KEYSER
- Capital reduction, Kapitaalvermindering van de partieel gesplitste vennootschap
- Name change, Naamswijziging van de partieel gesplitste vennootschap
- Business line composition, EUR, 2201738.35
26-06
State Gazette act
RestructuringMerger · Name change · Capital decrease13 facts ▸
State Gazette act
Restructuring
Merger · Name change · Capital decrease13 facts ▸
- Merger, Partiële splitsing waarbij de bedrijfstak 'Participatie SALAISONS DU HAINAUT' overgaat op Q-GROUP en de bedrijfstak 'Participatie VLEESWAREN ANTONIO en iQUILA F…
- Name change, BREYDEL
- Capital decrease, €2.271.630,68
- Accounting effect, 01-01-2017
- Net-asset statement, 31-12-2016
- Power of attorney, ILEX ADVIES
- Capital, €4.900.000
- Shareholding, 12.386
- Share distribution, disproportionate, 100% of the splitting company's shares (6,193 additional shares) allocated to Ivan DE KEYSER; Q-GROUP issues no new shares as compensation (ar…
- Asset valuation, 2.326.173,79 EUR
- Cash premium, none
- Personnel transfer, none
- +1 further facts in this act
2016
10-06
State Gazette act
Reappointments: GDB Management Services BVBA, EDB Management BVBA and 3 othersPermanent representatives: Guy De Bruycker, Etienne De Bruycker and 3 others12 facts ▸
State Gazette act
Reappointments: GDB Management Services BVBA, EDB Management BVBA and 3 others
Permanent representatives: Guy De Bruycker, Etienne De Bruycker and 3 others12 facts ▸
- General meeting, 09-05-2016
- Director reappointment, GDB Management Services BVBA (director)
- Director reappointment, GDB Management Services BVBA (managing director)
- Permanent representative, Guy De Bruycker
- Director reappointment, EDB Management BVBA (director)
- Permanent representative, Etienne De Bruycker
- Director reappointment, Vandors BVBA (director)
- Permanent representative, Erwin van Dorslaer
- Director reappointment, GE&S BVBA (director)
- Permanent representative, Gert de Bruycker
- Director reappointment, Vermeire Consulting BVBA (director)
- Permanent representative, Raf Vermeire
2015
09-12
State Gazette act
Resignation: Moore Stephens Strategy & Operations BVBA (voorzitter raad van bestuur)Appointments: Ilex Advies BVBA (voorzitter raad van bestuur) and GDB Management Services BVBA (managing director) · Permanent representatives: Luc Verhulst and Guy De Bruycker7 facts ▸
State Gazette act
Resignation: Moore Stephens Strategy & Operations BVBA (voorzitter raad van bestuur)
Appointments: Ilex Advies BVBA (voorzitter raad van bestuur) and GDB Management Services BVBA (managing director) · Permanent representatives: Luc Verhulst and Guy De Bruycker7 facts ▸
- Board meeting, 15-05-2015
- Director resignation, Moore Stephens Strategy & Operations BVBA (voorzitter raad van bestuur)
- Director appointment, Ilex Advies BVBA (voorzitter raad van bestuur)
- Director appointment, GDB Management Services BVBA (managing director)
- Permanent representative, Luc Verhulst
- Permanent representative, Luc Verhulst
- Permanent representative, Guy De Bruycker
04-12
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Share issue · Capital increase7 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital decrease · Share issue · Capital increase7 facts ▸
- General meeting, 19-11-2015
- Capital decrease, €900.000
- Share issue, 1:100, splitsing
- Capital increase, €279.000
- Capital increase, €1.521.000
- Capital, €4.900.000
- Power of attorney, Johan Van Bockstal
07-10
State Gazette act
Resignations: Moore Stephens Strategy & Operations BVBA (director) and Van Havermaet Groenweghe Bedrijfsrevisoren CVBA (statutory auditor)Appointments: Ilex Advies BVBA (director) and Moore Stephens Audit BV ovv CVBA (statutory auditor) · Permanent representatives: Luc Verhulst and Guy De Bruycker · Mandate compensation8 facts ▸
State Gazette act
Resignations: Moore Stephens Strategy & Operations BVBA (director) and Van Havermaet Groenweghe Bedrijfsrevisoren CVBA (statutory auditor)
Appointments: Ilex Advies BVBA (director) and Moore Stephens Audit BV ovv CVBA (statutory auditor) · Permanent representatives: Luc Verhulst and Guy De Bruycker · Mandate compensation8 facts ▸
- General meeting, 07-09-2015
- Director resignation, Moore Stephens Strategy & Operations BVBA (director)
- Director appointment, Ilex Advies BVBA (director)
- Permanent representative, Luc Verhulst
- Auditor resignation, Van Havermaet Groenweghe Bedrijfsrevisoren CVBA (statutory auditor)
- Auditor appointment, Moore Stephens Audit BV ovv CVBA (statutory auditor)
- Mandate compensation, Moore Stephens Audit BV ovv CVBA
- Permanent representative, Guy De Bruycker
09-07
State Gazette act
Resignations: DBT BVBA (director) and Just Be BVBA (director)Director discharge5 facts ▸
State Gazette act
Resignations: DBT BVBA (director) and Just Be BVBA (director)
Director discharge5 facts ▸
- General meeting, 15-06-2015
- Director resignation, DBT BVBA (director)
- Director resignation, Just Be BVBA (director)
- Director discharge, DBT BVBA
- Director discharge, Just Be BVBA
2014
14-05
State Gazette act
Resignation: Q-Group (statutory auditor)Appointments: Van Havermaet Groenweghe Bedrijfsrevisoren CVBA (statutory auditor) and GDB Management Services BVBA (statutory auditor) · Permanent representatives: Johan De Coster and Guy De Bruycker6 facts ▸
State Gazette act
Resignation: Q-Group (statutory auditor)
Appointments: Van Havermaet Groenweghe Bedrijfsrevisoren CVBA (statutory auditor) and GDB Management Services BVBA (statutory auditor) · Permanent representatives: Johan De Coster and Guy De Bruycker6 facts ▸
- General meeting, 17-04-2014
- Auditor resignation, Q-Group
- Auditor appointment, Van Havermaet Groenweghe Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Johan De Coster
- Auditor appointment, GDB Management Services BVBA (statutory auditor)
- Permanent representative, Guy De Bruycker
2013
03-04
State Gazette act
Resignation: JP Consulting BVBA (director)Permanent representatives: Jean-Paul Van Avermaert and De Bruycker Guy4 facts ▸
State Gazette act
Resignation: JP Consulting BVBA (director)
Permanent representatives: Jean-Paul Van Avermaert and De Bruycker Guy4 facts ▸
- General meeting, 05-04-2012
- Director resignation, JP Consulting BVBA (director)
- Permanent representative, Jean-Paul Van Avermaert
- Permanent representative, De Bruycker Guy
26-03
State Gazette act
Reappointments: Vandors BVBA, GDB Management Services BVBA and 3 othersPermanent representatives: Erwin Van Dorslaer, Guy De Bruycker and 6 others · Appointments: GDB Management Services BVBA, X-STRA BVBA and 2 others18 facts ▸
State Gazette act
Reappointments: Vandors BVBA, GDB Management Services BVBA and 3 others
Permanent representatives: Erwin Van Dorslaer, Guy De Bruycker and 6 others · Appointments: GDB Management Services BVBA, X-STRA BVBA and 2 others18 facts ▸
- General meeting, 28-01-2012
- Director reappointment, Vandors BVBA (director)
- Permanent representative, Erwin Van Dorslaer
- Director reappointment, GDB Management Services BVBA (director)
- Director appointment, GDB Management Services BVBA (managing director)
- Permanent representative, Guy De Bruycker
- Director reappointment, Ge&S BVBA (director)
- Permanent representative, Gert De Bruycker
- Director appointment, X-STRA BVBA (voorzitter raad van bestuur)
- Permanent representative, Luc Verhulst
- Director reappointment, DBT BVBA (director)
- Permanent representative, Dirk De Baets
- +6 further facts in this act
2010
31-05
State Gazette act
Resignation: Etienne De Bruycker (director)Appointments: EDB Management BVBA (director) and GDB Management Services bvba (director) · Permanent representatives: Etienne De Bruycker and Guy De Bruycker7 facts ▸
State Gazette act
Resignation: Etienne De Bruycker (director)
Appointments: EDB Management BVBA (director) and GDB Management Services bvba (director) · Permanent representatives: Etienne De Bruycker and Guy De Bruycker7 facts ▸
- General meeting, 14-04-2010
- Director resignation, Etienne De Bruycker (director)
- Director appointment, EDB Management BVBA (director)
- Permanent representative, Etienne De Bruycker
- Director appointment, GDB Management Services bvba (director)
- Permanent representative, Guy De Bruycker
- Permanent representative, Etienne De Bruycker
2008
10-11
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 15-09-2008
- Registered-office move, Moortelstraat 21 D 9160 Lokeren
2005
10-10
State Gazette act
Capital & shares · Statutes amendmentName change · Power of attorney4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Name change · Power of attorney4 facts ▸
- General meeting, 19-09-2005
- Name change, Q-group
- Statutes amendment
- Power of attorney, BV-CVBA Verschelden Accountants & Belastingconsulenten
01-07
State Gazette act
Capital & shares · Statutes amendmentCapital · Capital increase · Power of attorney6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital · Capital increase · Power of attorney6 facts ▸
- General meeting, 10-06-2005
- Capital, €123.946,76
- Capital increase, €1.053,24
- Statutes amendment
- Capital, €125.000
- Power of attorney, Zaakvoerder
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
24 of 24 acts read
Directors · office · real estate
Directors
4 directors, 1 in day-to-day management, no change since 2026
Board 4
Bertus H.W. (Robert) Van Ballegooijen
CurrentChair of the board · since 26-03-2026 · Director · since 01-01-2024
Petrus H.J. (Pieter) Geeraerts
CurrentDirector · since 01-01-2024
Business for Growth
CurrentDirector · since 26-03-2026 · Private limited company · perm. rep.: Ann Biebuyck
You Never Work Alone
CurrentDirector · since 26-03-2026 · Private limited company · perm. rep.: Tom Bonnarens
8 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
X-Stra BVBA
Not recently confirmedVoorzitter raad van bestuur · since 28-01-2012 · Legal entity · perm. rep.: Luc Verhulst
Ilex Advies BVBA
Not recently confirmedVoorzitter raad van bestuur · since 01-07-2015 · Legal entity · perm. rep.: Luc Verhulst
GDB Management Services BVBA
Not recently confirmedDirector · since 14-04-2010 · Legal entity · perm. rep.: Guy De Bruycker
DBT BVBA
Not recently confirmedDirector · since 28-01-2012 · Legal entity · perm. rep.: Dirk De Baets
Ge&S BVBA
Not recently confirmedDirector · since 28-01-2012 · Legal entity · perm. rep.: Gert De Bruycker
Just Be BVBA
Not recently confirmedDirector · since 28-01-2012 · Legal entity · perm. rep.: Nathalie Laroye
Vandors BVBA
Not recently confirmedDirector · since 28-01-2012 · Legal entity · perm. rep.: Erwin Van Dorslaer
Vermeire Consulting BVBA
Not recently confirmedDirector · since 28-01-2012 · Legal entity · perm. rep.: Raf Vermeire
Day-to-day management 1
Business for Growth
CurrentManaging director · since 26-03-2026 · Private limited company · perm. rep.: Ann Biebuyck
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
GDB Management Services BVBA
Not recently confirmedManaging director · since 28-01-2012 · Legal entity · perm. rep.: Guy De Bruycker
Permanent representatives 2
Ann Biebuyck
CurrentPermanent representative · since 26-03-2026 · for Business for Growth
Tom Bonnarens
CurrentPermanent representative · since 26-03-2026 · for You Never Work Alone
7 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Guy De Bruycker
Not recently confirmedPermanent representative · since 14-04-2010 · for GDB Management Services BVBA
Dirk De Baets
Not recently confirmedPermanent representative · since 28-01-2012 · for DBT BVBA
Erwin Van Dorslaer
Not recently confirmedPermanent representative · since 28-01-2012 · for Vandors BVBA
Gert De Bruycker
Not recently confirmedPermanent representative · since 28-01-2012 · for Ge&S BVBA
Nathalie Laroye
Not recently confirmedPermanent representative · since 28-01-2012 · for Just Be BVBA
Raf Vermeire
Not recently confirmedPermanent representative · since 28-01-2012 · for Vermeire Consulting BVBA
Luc Verhulst
Not recently confirmedPermanent representative · since 01-07-2015 · for Ilex Advies BVBA
Statutory auditor 1
Moore Audit
CurrentStatutory auditor · since 29-06-2018 · perm. rep.: Aurelie Tack
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 1999
Ground area
3,350 m²
Building footprint
3,926 m²
Volume, LiDAR
29,556 m³
Parcel 46382B1289/00B000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Moortelstraat 21D, 9160 Lokeren
since 19992.323.246.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1289/00B000 | Flanders | 3,350 m² | 1 · 3,926 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
29 people since 2010, 13 in office
- Board
- Day-to-day management
- Permanent representative
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Bertus H.W. (Robert) Van Ballegooijen |
|
| Petrus H.J. (Pieter) Geeraerts |
|
| Business for Growth |
|
| You Never Work Alone |
|
| Moore Audit |
|
| GDB Management Services BVBA |
|
| DBT BVBA |
|
| Ge&S BVBA |
|
| Just Be BVBA |
|
| Vandors BVBA |
|
| Vermeire Consulting BVBA |
|
| X-Stra BVBA |
|
| Ilex Advies BVBA |
|
| GDB MANAGEMENT SERVICES |
|
| Ge & S |
|
| EDB MANAGEMENT |
|
| VANDORS |
|
| VERCALA |
|
| Vermeire Consulting |
|
| ILEX Advies |
|
| Luc Verhulst |
|
| Moore Stephens Audit BV ovv CVBA |
|
| CVBA Van Havermaet Groenweghe Bedrijfsrevisoren |
|
| GDB Management Services BVBA |
|
| Moore Stephens Strategy & Operations BVBA |
|
| Moore Strategy & Operations |
|
| DBT |
|
| JP Consulting bvba |
|
| Etienne De Bruycker |
|
Articles of association
Purpose
Deelnemen en nemen van participaties in alle vennootschappen en ondernemingen; aankoop, verkoop, overdracht, ruiling en beheer van roerende waarden, aandelen, obligaties…
Full purpose
Deelnemen en nemen van participaties in alle vennootschappen en ondernemingen; aankoop, verkoop, overdracht, ruiling en beheer van roerende waarden, aandelen, obligaties, staatsfondsen en roerende en onroerende goederen; management en consultancy; aankoop, verkoop, leasing, huur en verhuur van voertuigen, vliegtuigen, schepen en andere vervoermiddelen.
Structure & network
Owners and holdings
7 owners · 6 holdingsOwners 7
- Van Loon Group B.V.NLSourceown accounts 202548.77%
- Sourceown accounts 202515.13%
- Sourceown accounts 202514.65%
-
10.41%
- Sourceown accounts 20254.25%
- Erwin Van Dorslaernatural personSourceown accounts 20254.01%
- Ludo Calaertsnatural personSourceown accounts 20250.52%
Holdings 6
-
100%
-
100%
- Q-food ArdennesubsidiaryEquity €4.4mResult €479,247100%
-
100%
- SALAISONS DU HAINAUTsubsidiaryEquity €1.7mResult -€346,818100%
-
33.33%
Stated earlier (3)
An older source named these holdings; newer accounts no longer list them.
-
100%
- Sourceact 29-06-2020100%
-
100%
According to the 2025 annual accounts of Q-group and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
Moore Strategy & Operations
Shared corporate director
→
Ownership & control
5 board mandatesBoard mandates of this companythis company sits on their board5
2 locations
1 location
1 location
1 location
1 location
Acquisitions and mergers
2 transactionsTook over:BRUSSELS MEAT
Received in a demerger part of:BREYDEL CHIMAY GROUP
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 26-06-2017 ↗
- BREYDEL CHIMAY GROUP (BE 0818.978.819)
After 2 capital increases
act of 04-12-2015 ↗
- Erwin Van Dorslaer 90,640 shares
- Vandors 8,540 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 21-08-2020 Capital stated in 2 acts · 4,900,000 EUR · 1,201,180 shares
- 26-06-2017 Capital stated in the act · 4,900,000 EUR
- 04-12-2015 Capital reduction of 900,000 EUR · to 3,100,000 EUR · repaid to the shareholders
- 04-12-2015 Capital increase of 279,000 EUR · to 3,379,000 EUR · 99,180 new shares · in kind
- 04-12-2015 Capital increase of 1,521,000 EUR · to 4,900,000 EUR · no new shares · from reserves
- 01-07-2005 Capital increase of 1,053.24 EUR · to 125,000 EUR · from reserves
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 4,837 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454859625
Also
9925:BE0454859625
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.