Active · per the CBE, 31 October 2026

QH10

BE0893275176

Rechtspersoon Public limited company 1 establishment

Vredestraat 53, 8790 Waregem +3256285500 [email protected]

Behind the company: Sam Bordon, Davy Demuynck.

Active for

18 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2023; threshold 65 %.

  • Annual account missing NBB

    Fiscal year 2024 was expected before 31 July 2025 and has not been filed.

  • Busy address KBO

    74 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2023

QH10 from Waregem, company number BE0893275176, closed financial year 2023 with a result of € -109,282 after tax. For that financial year QH10 recorded a gross margin of € 85,188 and equity of € 335,131. Compared with financial year 2022, the result moved from € 60,952 to € -109,282. 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 June 18, 2024.

What it is worth Healthy

€ 335,131

▼ 25% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -109,282

▼ still € 60,952 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 18,692

▼ 66% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -264,869.

People and assets in 2023

Wage cost

€ 475

▼ 97% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2023

Bank debt ≈ 10 years to go

€ 1.7 million

▲ 12% vs 2022

€ 170,378 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 52,526

▲ 161% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 159,398 € 244,446 € 85,188 ▼ 65%
Profit after taxes € -70,560 € 60,952 € -109,282 ▼ € 170,234
Equity € 383,460 € 444,413 € 335,131 ▼ 25%
Total debts € 1,706,393 € 1,613,343 € 1,829,490 ▲ 13%
Cash € 23,967 € 54,345 € 18,692 ▼ 66%
Land & buildings € 2,059,595 € 1,964,896 € 1,871,361 ▼ 5%
Retained profit € -216,540 € -155,587 € -264,869 ▼ € 109,282
Bank debt € 1,363,535 € 1,543,897 € 1,736,631 ▲ 12%
Balance sheet total € 2,089,853 € 2,057,755 € 2,164,621 ▲ 5%
Employees (FTE) - 0.2 -

Key figures of QH10, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to QH10?

What happened at QH10 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2023: loss of € 109,282 (▼ € 170,234 vs 2022). Source: NBB ↗
  • New establishment in Waregem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 70,560 loss in 2021 to € 109,282 loss in 2023.

Best year ever: 2022, with € 60,952 profit.

Management

Behind QH10 are Sam Bordon and Davy Demuynck. The same people are also behind THE RIGHT TWIN. Sam Bordon is also behind GREEN BRIDGE. Davy Demuynck is also behind NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS and IMMOCOBEL.

Directors

According to the 2023 annual accounts

Establishments

Establishment units

Physical locations of this company

Registered office

Vredestraat 53

8790 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0893.275.176
VAT number
BE 0893.275.176
Registered office
Vredestraat 53, 8790 Waregem
Names & denominations
QH10
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
6 November 2007
Peppol
Active · Active since 1 Jan 2001

Frequently asked questions

What is the address of QH10?
The registered office of QH10 is located at Vredestraat 53, 8790 Waregem.
Is QH10 still active?
Yes. According to the CBE (31 October 2026) QH10 is active, legal situation “Normale toestand”, started on 6 November 2007.
Is QH10 registered on Peppol?
Yes, QH10 is registered on the Peppol network with ID 0208:0893275176.
What is the enterprise number of QH10?
The enterprise number of QH10 is BE0893275176.
When was QH10 founded?
QH10 was founded on 6 November 2007.
Who owns QH10?
Behind QH10 are Sam Bordon and Davy Demuynck. The same people are also behind THE RIGHT TWIN. Sam Bordon is also behind GREEN BRIDGE. Davy Demuynck is also behind NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS and IMMOCOBEL.