Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
QUVADEC from Wetteren, company number BE0780702124, closed financial year 2024 with a result of € 9.5 million after tax. Compared with financial year 2023, the result moved from € 28.1 million to € 9.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2025.
€ 366.6 million
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.5 million
▼ 66% vs 2023
Profit after tax over the fiscal year.
€ 292,396
▲ 39% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 41.6 million.
Debts at end 2024
€ 105 million
▼ 9% vs 2023
€ 10 million is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Profit after taxes | € 4,003,720 | € 28,117,193 | € 9,517,308 | ▼ 66% |
| Equity | € 329,003,720 | € 357,120,913 | € 366,638,221 | ▲ 3% |
| Total debts | € 145,319,705 | € 115,230,294 | € 105,217,633 | ▼ 9% |
| Cash | € 310,747 | € 210,229 | € 292,396 | ▲ 39% |
| Retained profit | € 4,003,720 | € 32,120,913 | € 41,638,221 | ▲ 30% |
| Bank debt | € 145,000,000 | € 115,000,000 | € 105,000,000 | ▼ 9% |
| Balance sheet total | € 474,323,424 | € 472,351,206 | € 471,855,853 |
Key figures of QUVADEC, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to QUVADEC?
What happened at QUVADEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WELAKO BV stepped down as director. NBB
- FODEC MANAGEMENT BV stepped down as director. NBB
- DIDEC MANAGEMENT BV stepped down as director. NBB
- CARPINUS CONSULT BV stepped down as director. NBB
- DCQ Consult BV stepped down as director. NBB
- QUVA INVEST NV stepped down as director. NBB
- FVDH BEHEER stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 9.5 million (▼ 66% vs 2023). Source: NBB ↗
In short
From € 4 million profit in 2022 to € 9.5 million profit in 2024.
Best year ever: 2023, with € 28.1 million profit.
Management
The shares are held by Quva Invest NV (85%) and Valuedec NV (15%). It owns 100% of Resilux NV itself.
Directors
According to the 2024 annual accounts
Director · represented by John Aimé André Marcel Laebens
Also active at: TVH EQUIPMENT, MIDEX INTERNATIONAL, VINTEOR, Waregem RE, Fremato Equipment, ECHLIN INVEST, TNFO
since 2022 · until 2027
Director · represented by Peter De Cuyper
since 2022 · until 2027
Auditor · represented by Brecht Deketele
Also active at: SIBELGA, SERVICE D'AIDE A DOMICILE, Centre Medico Social du Tournaisis, SERVICE D'ACCUEILLANTES D'ENFANTS CONVENTIONNEES, A.VOGEL, BMC Software Belgium, JSA, Dynaco Europe +30 more
since 2022 · until 2025
since 2022 · until 2027
Director · represented by Jan Elvire Lambert Nelissen
Also active at: AALTERPAINT HOLDING, Abriso-Jiffy, RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM, PICASSO HOLDING, QUERTUSFIN +9 more
since 2022 · until 2027
Director · represented by Kristien Maria Anna De Clercq
Also active at: AALTERPAINT HOLDING, RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM, PICASSO HOLDING, QUERTUSFIN, QUVA INVEST +8 more
since 2022 · until 2027
Director · represented by Pascal Gilbert Lieven Vanhalst
Also active at: AALTERPAINT HOLDING, TVH EQUIPMENT, Abriso-Jiffy, WIJNGALERIJ CROMBE, RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM +6 more
since 2022 · until 2027
Director · represented by Francis Marie Fernand Vanderhoydonck
Also active at: MWM Immo, Biesmans Group, MEUBELFABRIEKEN KAREL MINTJENS, RESILUX, DECOMECC, KATPAT, M Services, VIVIRADIO +4 more
since 2022 · until 2027
Shareholders
85%
15%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Damstraat 4
9230 Wetteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.702.124
- VAT number
- BE 0780.702.124
- Registered office
- Damstraat 4, 9230 Wetteren
- Names & denominations
- QUVADEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2022
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van hoofdkantoren