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QVICK, DEVRIENDT & PARTNERS

Active
Private limited companyfounded 200323 yrs activeNieuwpoortsesteenweg 44, 8400 Oostende, BelgiumKBO/BCE: BE 0479.793.672
Summary

QVICK, DEVRIENDT & PARTNERS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €910k and a net result of €248k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 14.48 against 17.85 in 2024; short-term debt: 5.6% and cash: 14.5% of total assets), and 5.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.4%
Return on assets
25.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
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 15-05-2026, 77 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
77 d early
2024
100 d early
2023
113 d early
2022
123 d early
2021
96 d early
2020
60 d early
2019
44 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€910k▲ 19.7%
2024 · €760k
2018: €588k 2019: €646k▲ +9.9% vs 2018 2020: €647k▲ +0.2% vs 2019 2021: €516k▼ -20.2% vs 2020lowest in 8 years 2022: €573k▲ +11.1% vs 2021 2023: €650k▲ +13.5% vs 2022 2024: €760k▲ +16.9% vs 2023 2025: €910k▲ +19.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€964k▲ 21.7%
2024 · €792k
2018: €616k 2019: €674k▲ +9.4% vs 2018 2020: €674k● -0.0% vs 2019 2021: €547k▼ -18.8% vs 2020lowest in 8 years 2022: €606k▲ +10.7% vs 2021 2023: €682k▲ +12.6% vs 2022 2024: €792k▲ +16.1% vs 2023 2025: €964k▲ +21.7% vs 2024highest in 8 years
2018 → 2025
Net result
€248k▲ 32.1%
2024 · €188k
2018: €72klowest in 8 years 2019: €76k▲ +5.8% vs 2018 2020: €82k▲ +7.0% vs 2019 2021: €125k▲ +53.3% vs 2020 2022: €162k▲ +29.3% vs 2021 2023: €182k▲ +12.1% vs 2022 2024: €188k▲ +3.6% vs 2023 2025: €248k▲ +32.1% vs 2024highest in 8 years
2018 → 2025
Working capital
€729k▲ 37.0%
2024 · €532k
2018: €354k 2019: €431k▲ +21.7% vs 2018 2020: €438k▲ +1.7% vs 2019 2021: €299k▼ -31.8% vs 2020 2022: €294k▼ -1.6% vs 2021lowest in 8 years 2023: €397k▲ +35.2% vs 2022 2024: €532k▲ +33.8% vs 2023 2025: €729k▲ +37.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€516k-€573k▲ 11.1%€650k▲ 13.5%€760k▲ 16.9%€910k▲ 19.7% 2021: €516klowest in 5 years 2022: €573k▲ +11.1% vs 2021 2023: €650k▲ +13.5% vs 2022 2024: €760k▲ +16.9% vs 2023 2025: €910k▲ +19.7% vs 2024highest in 5 years
Operating result€176k-€229k▲ 30.6%€258k▲ 12.6%€262k▲ 1.4%€353k▲ 35.0% 2021: €176klowest in 5 years 2022: €229k▲ +30.6% vs 2021 2023: €258k▲ +12.6% vs 2022 2024: €262k▲ +1.4% vs 2023 2025: €353k▲ +35.0% vs 2024highest in 5 years
Net result€125k-€162k▲ 29.3%€182k▲ 12.1%€188k▲ 3.6%€248k▲ 32.1% 2021: €125klowest in 5 years 2022: €162k▲ +29.3% vs 2021 2023: €182k▲ +12.1% vs 2022 2024: €188k▲ +3.6% vs 2023 2025: €248k▲ +32.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2021: €176k€176kNet result 2021: €125k€125kOperating result 2022: €229k€229kNet result 2022: €162k€162kOperating result 2023: €258k€258kNet result 2023: €182k€182kOperating result 2024: €262k€262kNet result 2024: €188k€188kOperating result 2025: €353k€353kNet result 2025: €248k€248k20212022202320242025€0€100k€200k€300k€400kOperating result 2023: €258k€258kNet result 2023: €182k€182kOperating result 2024: €262k€262kNet result 2024: €188k€188kOperating result 2025: €353k€353kNet result 2025: €248k€248k202320242025
The operating result has risen four years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €964k
Fixed assets €181k ▼ 20.7%
Current assets €783k ▲ 38.9%
Equity and liabilities €964k
Equity €910k ▲ 19.7%
Debt €54k ▲ 71.2%
Debt's share of the balance-sheet total rises from 4.0% to 5.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€365k▲
2024 · €290k
Cash flow
€260k▲
2024 · €216k
Current ratio
14.48▼
2024 · 17.85
Debt to equity
0.06▲
2024 · 0.04
ROE
27.3%▲
2024 · 24.8%
ROA
25.8%▲
2024 · 23.8%
Interest coverage
2972.69▼
2024 · 3164.97
Debt ≤ 1 year
€54k▲
2024 · €32k
Income taxes
€117k▲
2024 · €86k
Staff costs
€170k▲
2024 · €160k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€792k€964k▲
Fixed assets21/28€228k€181k▼
Tangible fixed assets22/27€225k€179k▼
Land and buildings22€180k€175k▼
Plant, machinery and equipment23€8k€2k▼
Furniture and vehicles24€38k€2k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€564k€783k▲
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€6k€12k▲
Other amounts receivable41€5k€3k▼
Current investments50/53€470k€620k▲
Cash at bank and in hand54/58€69k€140k▲
Deferred charges and accrued income490/1€13k€8k▼
Equity and liabilities
Total equity and liabilities10/49€792k€964k▲
Equity10/15€760k€910k▲
Contributions10/11€1€1=
Reserves13€760k€910k▲
Distributable reserves133€760k€910k▲
Amounts payable17/49€32k€54k▲
Amounts payable within one year42/48€32k€54k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€20k€23k▲
Taxes450/3€568€2k▲
Remuneration and social security454/9€20k€21k▲
Other amounts payable47/48€8k€25k▲
Income statement Code20242025
Remuneration, social security and pensions62€160k€170k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€12k▼
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€454k€543k▲
Operating profit (loss)9901€262k€353k▲
Financial income75/76B€12k€13k▲
Recurring financial income75€12k€13k▲
Financial charges65/66B€91€123▲
Recurring financial charges65€91€123▲
Profit (loss) for the period before taxes9903€274k€366k▲
Income taxes67/77€86k€117k▲
Profit (loss) for the period9904€188k€248k▲
Profit (loss) for the period to be appropriated9905€188k€248k▲
Appropriation of the result
Profit (loss) to be appropriated9906€188k€248k▲
Transfer from equity791/2€69k€70k▲
Transfer to equity691/2€179k€219k▲
To other reserves6921€179k€219k▲
Profit to be distributed694/7€78k€99k▲
Return on contributions (dividend)694€69k€70k▲
Employees696€9k€29k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A-€5k----
Remuneration, social security and pensions62€155k€158k€163k€160k€170k▲ 6.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€21k€31k€28k€12k▼ 57.8%
Other operating charges640/8€5k€5k€5k€5k€5k▼ 5.6%
Non-recurring operating charges66A----€3k-
Gross operating margin9900€351k€413k€457k€454k€543k▲ 19.7%
Operating profit (loss)9901€176k€229k€258k€262k€353k▲ 35.0%
Financial income75/76B€650-€6k€12k€13k▲ 1.7%
Recurring financial income75€650-€6k€12k€13k▲ 1.7%
Financial charges65/66B€116€103€93€91€123▲ 34.3%
Recurring financial charges65€116€103€93€91€123▲ 34.3%
Profit (loss) for the period before taxes9903€176k€229k€264k€274k€366k▲ 33.5%
Income taxes67/77€51k€67k€83k€86k€117k▲ 36.5%
Profit (loss) for the period9904€125k€162k€182k€188k€248k▲ 32.1%
Profit (loss) for the period to be appropriated9905€125k€162k€182k€188k€248k▲ 32.1%
Line20212022202320242025Change
Assets
Total assets20/58€547k€606k€682k€792k€964k▲ 21.7%
Fixed assets21/28€217k€279k€253k€228k€181k▼ 20.7%
Tangible fixed assets22/27€215k€276k€250k€225k€179k▼ 20.4%
Land and buildings22€191k€193k€185k€180k€175k▼ 2.4%
Plant, machinery and equipment23€15k€20k€14k€8k€2k▼ 79.7%
Furniture and vehicles24€10k€63k€52k€38k€2k▼ 93.6%
Financial fixed assets28€2k€3k€3k€3k€2k▼ 40.5%
Current assets29/58€330k€327k€429k€564k€783k▲ 38.9%
Amounts receivable within one year40/41€10k€26k€17k€11k€15k▲ 33.9%
Trade receivables40€5k€11k€7k€6k€12k▲ 99.6%
Other amounts receivable41€5k€15k€10k€5k€3k▼ 37.6%
Current investments50/53€300k€250k€330k€470k€620k▲ 31.9%
Cash at bank and in hand54/58€16k€44k€72k€69k€140k▲ 101%
Deferred charges and accrued income490/1€4k€6k€10k€13k€8k▼ 37.1%
Equity and liabilities
Total equity and liabilities10/49€547k€606k€682k€792k€964k▲ 21.7%
Equity10/15€516k€573k€650k€760k€910k▲ 19.7%
Contributions10/11€1€1€1€1€1=
Reserves13€516k€573k€650k€760k€910k▲ 19.7%
Distributable reserves133€516k€573k€650k€760k€910k▲ 19.7%
Amounts payable17/49€31k€33k€32k€32k€54k▲ 71.2%
Amounts payable within one year42/48€31k€33k€32k€32k€54k▲ 71.2%
Trade debts44€4k€3k€855€3k€6k▲ 76.6%
Suppliers440/4€4k€3k€855€3k€6k▲ 76.6%
Taxes, remuneration and social security45€20k€22k€23k€20k€23k▲ 13.9%
Taxes450/3€530€538€3k€568€2k▲ 231%
Remuneration and social security454/9€19k€22k€20k€20k€21k▲ 7.6%
Other amounts payable47/48€8k€7k€8k€8k€25k▲ 216%
Line20212022202320242025Change
Profit (loss) for the period9904€125k€162k€182k€188k€248k▲ 32.1%
+ Depreciation and write-downs630€15k€21k€31k€28k€12k▼ 57.8%
Operating cash flow (approximation)€140k€183k€213k€216k€260k▲ 20.6%
Investment in fixed assets (approximation)-€-83k€-5k€-3k€35k▲ 1,295%
Change in cash-€28k€28k€-3k€70k▲ 2,567%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €248k ▲32.1%
Operating result €353k, net result €248k, both a record.
22-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
261 m²
Building footprint
262 m²
Volume, LiDAR
4,262 m³
Parcel 35386D0036/00M008, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Qvick, Devriendt & Partners
Nieuwpoortsesteenweg 44, 8400 OostendeLegal and accounting activities
since 20032.227.418.918
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35386D0036/00M008 Flanders 261 m² 1 · 262 m² 21.0 m · 6 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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 587 EUR awarded · 587 EUR paid
Year Entries awardedpaid
2024 1 231 EUR231 EUR
2023 1 100 EUR100 EUR
2022 1 256 EUR256 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 587 EUR · 587 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 4,622 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail sven.qvick@qdenpartners.beOostende
Phone 059704773Oostende
Fax 059705759Oostende

Scores and ratios are computed by Checked and are not a credit decision.