Qrf financials
Qrf
Country: BE Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
549300WR4XOEI43K6S68 Financial statements
(EUR, as reported — unscaled; 91 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Operating profit (EBIT) | €21.5M | €14.8M |
| Net finance income / (cost) | -€3.0M | -€4.1M |
| Finance costs | €3.1M | €2.9M |
| Profit before tax | €18.4M | €11.0M |
| Income tax expense | €160.0K | €74.0K |
| Profit for the year | €18.3M | €10.9M |
| — attributable to owners | €18.3M | €10.9M |
| Total comprehensive income | €18.3M | €10.9M |
| Per share | ||
| Basic EPS | €2.18 | €1.40 |
| Diluted EPS | €2.18 | €1.40 |
| Cash flow statement | ||
| Net cash from operating activities | €6.0M | €10.0M |
| Net cash from investing activities | -€49.3M | €34.1M |
| Net cash from financing activities | €43.7M | -€44.1M |
| Dividends paid | €6.6M | €6.2M |
| Proceeds from borrowings | €101.1M | €54.5M |
| Repayments of borrowings | €72.3M | €89.5M |
| Balance sheet | ||
| Total assets | €287.9M | €223.9M |
| Non-current assets | €285.0M | €221.4M |
| Current assets | €2.9M | €2.5M |
| Trade & other receivables | €1.6M | €1.6M |
| Cash & equivalents | €797.0K | €442.0K |
| Total equity | €159.9M | €123.6M |
| — attributable to owners | €159.9M | €123.6M |
| Non-current liabilities | €91.2M | €65.4M |
| Lease liabilities (non-current) | €5.7M | €5.1M |
| Current liabilities | €36.9M | €34.9M |
| Lease liabilities (current) | €36.0K | €386.0K |
| Trade & other payables | €1.8M | €3.0M |
| Deferred tax liabilities | €48.0K | €0 |
| Derived metrics | ||
| Return on equity | 11.4% | 8.8% |
| Cash conversion ratio | 0.33× | 0.91× |
| Other reported items | ||
| Adjustments For Decrease Increase In Trade Account Receivable | €256.0K | -€490.0K |
| Adjustments For Depreciation and Amortisation Expense | -€58.0K | €37.0K |
| Adjustments For Finance Costs | €87.0K | -€103.0K |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | €0 | €4.7M |
| Adjustments For Gains Losses On Fair Value Adjustment Investment Property | €11.5M | €1.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade and Other Receivables | -€199.0K | €145.0K |
| Adjustments For Income Tax Expense | €160.0K | €74.0K |
| Adjustments For Increase Decrease In Other Current Liabilities | €304.0K | €115.0K |
| Adjustments For Increase Decrease In Trade and Other Payables | €24.0K | €388.0K |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -€66.0K | €374.0K |
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | -€11.9M | -€3.9M |
| Cash and Cash Equivalents In Subsidiary Or Businesses Acquired Or Disposed2013 | €1.6M | €0 |
| Cash Receipts From Repayment of Advances and Loans Made To Related Parties | — | €533.0K |
| Comprehensive Income Attributable To Owners of Parent | €18.3M | €10.9M |
| Current Accruals and Current Deferred Income Including Current Contract Liabilities | €2.6M | €2.1M |
| Current Financial Assets | €180.0K | €84.0K |
| Current Financial Liabilities | €32.3M | €29.6M |
| Current Prepayments and Current Accrued Income Including Current Contract Assets | €191.0K | €193.0K |
| Direct Operating Expense From Investment Property Generating Rental Income | -€31.0K | €80.0K |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | -€7.1M | — |
| Equity and Liabilities | €287.9M | €223.9M |
| Finance Income | €1.0K | €78.0K |
| Gains Losses On Disposals of Investment Properties | €0 | -€747.0K |
| Gains Losses On Fair Value Adjustment Investment Property | €11.5M | €1.0M |
| General and Administrative Expense | €2.2M | €2.0M |
| Income Taxes Paid Refund Classified As Operating Activities | €5.1M | €74.0K |
| Increase Decrease In Working Capital | -€1.4M | -€191.0K |
| Intangible Assets Other Than Goodwill | €8.0K | €13.0K |
| Interest Paid Classified As Financing Activities | €3.1M | €2.8M |
| Interest Paid Classified As Operating Activities | -€3.1M | -€2.8M |
| Investment Accounted For Using Equity Method | €12.7M | €12.8M |
| Investment Property | €271.1M | €207.0M |
| Issue of Equity | €24.6M | — |
| Issued Capital | €10.4M | €7.8M |
| Liabilities | €128.0M | €100.3M |
| Noncurrent Financial Assets | €738.0K | €1.2M |
| Noncurrent Financial Liabilities | €90.3M | €64.0M |
| Number of Shares Outstanding | 10.4M | 7.8M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €44.1M | €0 |
| Other Cash Receipts From Sales of Interests In Joint Ventures Classified As Investing Activities | €0 | €10.7M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €0 | €0 |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €0 | €0 |
| Other Current Nonfinancial Liabilities | €228.0K | €208.0K |
| Other Current Payables | €1.8M | €3.0M |
| Other Finance Cost | €222.0K | €191.0K |
| Other Noncurrent Financial Liabilities | €515.0K | €1.1M |
| Other Noncurrent Nonfinancial Assets | €490.0K | €428.0K |
| Other Noncurrent Nonfinancial Liabilities | €255.0K | €187.0K |
| Other Operating Income Expense | €16.0K | €0 |
| Payments For Share Issue Costs | €443.0K | €0 |
| Proceeds From Issuing Shares | €25.0M | €0 |
| Proceeds From Sales of Investment Property | €0 | €25.6M |
| Property Management Expense | €284.0K | €290.0K |
| Rental Income From Investment Property | €13.1M | €12.5M |
| Rental Income From Investment Property Net of Direct Operating Expense | €13.2M | €12.4M |
| Retained Earnings Profit Loss For Reporting Period | €18.3M | €10.9M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -€66.0K | €362.0K |
| Share Premium | €176.3M | €155.9M |
| Tax Expense Income At Applicable Tax Rate | €160.0K | €74.0K |
| Weighted Average Shares | 8.4M | 7.8M |
Methodology
Every line item above is a fact tagged in Qrf's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.