Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
QbD Group from Antwerpen, company number BE0838540254, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year QbD Group recorded revenue of € 41.9 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € -116,824 to € -1.9 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 23, 2026.
€ 5.6 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▼ 1537 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 1.1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.3 million.
People and assets in 2025
178.6
▼ 43.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.9 million
▼ 10% vs 2024
€ 83,700 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.
€ 19,823
▲ 88% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.7 million
▲ € 3.9 million vs 2024
€ 41,558 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 3.9 million
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 2 million
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,331,882 | € 20,508,047 | € 34,116,328 | € 41,863,456 | ▲ 23% |
| Profit after taxes | € 1,758,970 | € 1,543,955 | € -116,824 | € -1,912,664 | ▼ € 1.8 million |
| Equity | € 5,255,062 | € 5,299,017 | € 7,549,530 | € 5,636,866 | ▼ 25% |
| Total debts | € 3,601,811 | € 6,057,897 | € 8,635,323 | € 14,220,124 | ▲ 65% |
| Cash | € 906,207 | € 53,498 | € 46,460 | € 1,167,326 | ▲ € 1.1 million |
| Retained profit | € 5,155,062 | € 5,199,017 | € 7,257,561 | € 5,344,897 | ▼ 26% |
| Dividend | € 1,300,000 | € 1,500,000 | € 0 | € 0 | |
| Bank debt | € 768,977 | € 1,051,344 | € 802,796 | € 4,658,778 | ▲ € 3.9 million |
| Balance sheet total | € 8,856,873 | € 11,356,914 | € 16,184,853 | € 19,856,990 | ▲ 23% |
| Employees (FTE) | 121.4 | 136.2 | 222 | 178.6 | ▼ 43.4 |
Key figures of QbD Group, 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 QbD Group?
What happened at QbD Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Akwaaba Consulting Group CommV stepped down as director. NBB
- Quality for You BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.9 million. Source: NBB ↗
- Akwaaba Consulting Group CommV became a director. NBB
- Quality for You BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.8 million profit in 2022 to € 1.9 million loss in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
Paid out € 2.8 million in dividends to the owners in total.
A new publication or filing at QbD Group? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of QbD Growth comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QbD GroupThe shares are held by QbD Growth (100%).
Directors
According to the 2025 annual accounts
Akwaaba Consulting Group CommV
Director · represented by Martijn Reniers
Also active at: TURNSTONE COMMUNICATIONS
since 2022 · until 2028
Managing director · represented by Bart Van Acker
Also active at: Qarad EC-REP, QARAD, QbD Wallonia, SIMABS, HEALTHTOMARKET, Monkeys Not Donkeys, TURNSTONE COMMUNICATIONS
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenenborgerlaan 16
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →QbD RepS same network
€ 325,288 gross margin · 2025
IFUCARE same network
€ 2.6 million gross margin · 2025
ISPE Belgium Affiliate vzw
Quality for You same network
QbD Growth same network
€ 12 million revenue · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-CLOUD2-AS, DE
Domain
Domain
qbdgroup.com
Registered
2009-02-14
Registrar
Combell NV
Expires
2027-02-14
Website info
Features
Security
Details
- Company number
- 0838.540.254
- VAT number
- BE 0838.540.254
- Registered office
- Groenenborgerlaan 16, 2610 Antwerpen
- Names & denominations
- QbD Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2011
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- qbdgroup.com
- Activities · NACE
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+2