Financials
Financial year 2025
Q- FOOD from Lokeren, company number BE0431890124, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year Q- FOOD recorded revenue of € 81.4 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 419,777 to € -1.5 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 4.9 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ still € 419,777 profit in 2024
Profit after tax over the fiscal year.
€ 286,695
▲ € 254,548 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
86.6
▲ 6.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.2 million
▲ 11% vs 2024
€ 60,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 415,453
▲ 30% vs 2024
Of which on lease € 124,024.
Debts at end 2025
€ 4.4 million
▲ 29% vs 2024
€ 873,211 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11.6 million
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 746,535
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 47,543,867 | € 54,203,638 | € 60,370,709 | € 81,360,888 | ▲ 35% |
| Profit after taxes | € 272,323 | € 1,013,287 | € 419,777 | € -1,475,716 | ▼ € 1.9 million |
| Equity | € 5,878,087 | € 5,941,374 | € 6,361,150 | € 4,885,435 | ▼ 23% |
| Total debts | € 14,257,864 | € 15,115,467 | € 20,017,976 | € 16,772,957 | ▼ 16% |
| Cash | € 76,774 | € 76,801 | € 32,147 | € 286,695 | ▲ € 254,548 |
| Land & buildings | € 2,464,917 | € 2,308,598 | € 2,506,619 | € 2,604,525 | ▲ 4% |
| Retained profit | € 2,778,087 | € 2,841,374 | € 3,261,150 | € 1,785,435 | ▼ 45% |
| Dividend | € 1,000,000 | € 950,000 | € 0 | € 0 | |
| Bank debt | € 1,114,866 | € 1,008,524 | € 3,414,136 | € 4,414,553 | ▲ 29% |
| Balance sheet total | € 20,135,953 | € 21,056,840 | € 26,379,126 | € 21,658,392 | ▼ 18% |
| Employees (FTE) | 89 | 79.2 | 80 | 86.6 | ▲ 6.6 |
Key figures of Q- FOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Q- FOOD?
What happened at Q- FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Q-GROUP NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million (▼ € 1.9 million vs 2024). Source: NBB ↗
- GDB Management Services BV stepped down as director. NBB
- Q-GROUP NV became a director. NBB
- GE&S BV stepped down as director. NBB
- Petrus H.J Geraerts stepped down as director. NBB
- Bertus H.W. Van Ballegooijen stepped down as director. NBB
- New establishment in Zottegem. KBO
In short
From € 272,323 profit in 2022 to € 1.5 million loss in 2025.
Paid € 471,545 in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
Paid out € 2 million in dividends to the owners in total.
Management
The stake of Q-group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Q- FOODThe shares are held by Q-GROUP NV (100%) and Q-group (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Guy De Bruycker
Also active at: SALAISONS DU HAINAUT, Q-beef, De Bruycker, Q-group, Q-food Ardenne, Q-ENERGY, Q-Logistics
since 2024 · until 2026
since 2026 · until 2032
Director · represented by Gert De Bruycker
Owns 10.4% via Q-group
Also active at: SALAISONS DU HAINAUT, Q-beef, De Bruycker, Q-group, Q-food Ardenne, Q-ENERGY, Q-Logistics
since 2024 · until 2026
Petrus H.J Geraerts
Director
since 2024 · until 2026
Bertus H.W. Van Ballegooijen
Director
since 2024 · until 2026
Shareholders
100%
Q-group · holding of GE&S BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moortelstraat 21/B
9160 Lokeren
Moortelstraat 21 box B
9160 Lokeren
Active since 14 December 2000
Slachthuisstraat 1
9620 Zottegem
Active since 1 February 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
DNS
TransIP DNS
Website info
Features
Security
Details
- Company number
- 0431.890.124
- VAT number
- BE 0431.890.124
- Registered office
- Moortelstraat 21/B, 9160 Lokeren
- Names & denominations
- Q- FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1987
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- q-food.be
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Groothandel in groenten en fruit, muv consumptieaardappelen
Groothandel in vlees van wild en van gevogelte
Activiteiten van slachthuizen
Groothandel in zuivelproducten en eieren
Groothandel in groenten en fruit
Groothandel in zuivelproducten, eieren, spijsoliën en -vetten
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