QRF SCA

QRF · BR · Real Estate / REIT - Retail

10.50EUR+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close10.50

Open10.60

Day Range10.50 – 10.65

52-Week Range9.40 – 11.50

Volume953

Market Cap128.68M

P/E (TTM)3.37

Forward P/E0.00

EPS2.94

Dividend Yield16.49%

Beta0.43

50-Day Avg10.16

200-Day Avg10.74

About

Qrf Comm. VA is a publicly owned real estate investment trust. It invests in the real estate markets of Belgium. The firm specializes in retail properties. Qrf Comm. VA was founded in September 3, 2013 and is based in Belgium.

Company Details

SectorReal Estate
IndustryREIT - Retail
CEOMr. William Vanmoerkerke
Employees7
HeadquartersMuseumstraat 11/211, Antwerp, Belgium, 2000, Belgium
Websitehttps://investor.qrf.be/en

Leadership

Mr. William VanmoerkerkeChief Executive Officer · b. 1983
Mr. Arthur LesaffreCFO, Compliance Officer & Risk Manager · b. 1990
Mr. Michel De BaetsChief Operating Officer · b. 1987

Financials

Income Statement

Currency: EUR	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	285.00K	8.59M	10.34M	14.49M	16.13M	16.61M	16.41M	13.76M	12.28M	13.41M	15.07M	13.83M	14.47M
Growth (%)	-	+2915.09%	+20.28%	+40.23%	+11.27%	+2.97%	-1.21%	-16.11%	-10.81%	+9.22%	+12.37%	-8.19%	+4.65%
Cost of Revenue	37.00K	792.00K	1.69M	1.88M	2.38M	2.50M	2.61M	3.34M	1.36M	1.71M	1.49M	2.02M	2.27M
Gross Profit	248.00K	7.80M	8.65M	12.62M	13.75M	14.11M	13.80M	10.43M	10.91M	11.69M	13.58M	11.81M	12.20M
Gross Margin	87.02%	90.78%	83.70%	87.05%	85.25%	84.95%	84.11%	75.76%	88.91%	87.22%	90.14%	85.40%	84.30%
Operating Expense	1.91M	2.06M	1.54M	2.09M	2.02M	2.18M	30.86M	1.88M	8.57M	3.27M	11.39M	3.17M	1.84M
Operating Income	-1.66M	5.74M	7.11M	10.53M	11.72M	11.93M	-17.06M	8.54M	2.34M	8.42M	2.19M	8.64M	10.36M
Operating Margin	-582.11%	66.80%	68.76%	72.62%	72.70%	71.84%	-104.00%	62.08%	19.05%	62.80%	14.54%	62.45%	71.60%
EBITDA	-586.00K	4.08M	5.86M	10.55M	11.80M	3.67M	-17.04M	8.56M	10.04M	15.79M	4.46M	8.68M	21.53M
EBITDA Margin	-205.61%	47.49%	56.68%	72.82%	73.16%	22.08%	-103.90%	62.22%	81.80%	117.78%	29.58%	62.72%	148.76%
Net Income	-1.72M	2.90M	4.58M	7.78M	4.77M	608.00K	-20.48M	-5.31M	2.33M	12.60M	-2.46M	10.93M	18.26M
Net Income Margin	-601.75%	33.79%	44.33%	53.69%	29.55%	3.66%	-124.83%	-38.61%	18.96%	93.97%	-16.29%	79.01%	126.17%
R&D	-	-	-	-	-	-	1.26	0.42	0.09	0.92	0.37	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	42.00K	1.10M	1.33M	1.88M	2.09M	2.22M	1.90M	1.69M	1.61M	1.92M	5.39M	4.28M	3.11M
Interest Expense % of Total Revenue	14.74%	12.84%	12.92%	12.97%	12.93%	13.39%	11.56%	12.28%	13.12%	14.32%	35.78%	30.96%	21.49%

Balance Sheet

Currency: EUR	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	127.12M	143.95M	223.40M	258.69M	291.32M	275.70M	256.36M	239.54M	239.96M	269.00M	252.69M	223.91M	287.91M
Total Liabilities	52.42M	67.95M	118.56M	135.64M	126.07M	130.50M	128.04M	122.04M	123.64M	143.62M	133.79M	100.32M	128.00M
Total Equity	74.39M	75.70M	104.54M	122.78M	134.71M	129.27M	128.03M	117.51M	116.33M	125.38M	118.90M	123.59M	159.86M
Cash	8.50M	2.83M	3.60M	7.00M	2.58M	2.18M	2.48M	1.73M	883.00K	1.73M	473.00K	442.00K	797.00K
Total Debt	39.83M	61.87M	106.00M	122.87M	149.43M	140.93M	121.94M	115.50M	119.93M	139.97M	128.58M	93.68M	122.62M
Net Debt	31.33M	59.04M	102.25M	112.90M	146.85M	138.75M	119.46M	113.77M	119.05M	138.24M	128.10M	93.24M	121.82M

Cash Flow

Currency: EUR	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	4.12M	-2.00M	2.53M	5.19M	1.11M	7.45M	9.00M	6.68M	6.20M	10.48M	11.03M	9.97M	2.86M
Investing Cash Flow	-40.42M	-17.63M	-30.90M	6.48M	-28.98M	7.61M	15.01M	4.74M	-8.56M	-19.12M	7.00M	34.08M	-49.27M
Financing Cash Flow	44.80M	13.96M	29.14M	-8.27M	23.44M	-15.46M	-23.71M	-12.18M	989.00K	11.44M	-19.28M	-44.07M	46.76M
Capital Expenditure	62.00K	62.00K	2.44M	13.00K	46.00K	5.00K	15.01M	9.00K	83.00K	8.00K	219.00K	394.00K	0
Free Cash Flow	4.12M	-2.06M	2.53M	5.18M	1.07M	7.44M	9.00M	6.67M	6.12M	8.52M	10.81M	17.46M	2.86M
Dividends Paid	4.25M	4.25M	4.25M	4.58M	6.01M	6.92M	4.53M	5.72M	3.45M	3.50M	4.01M	6.24M	6.55M
FCF to OCF	100.00%	103.10%	100.00%	99.75%	95.87%	99.93%	100.00%	99.87%	98.66%	81.29%	98.01%	175.22%	100.00%
Dividend Paid to FCF	103.38%	-206.61%	168.34%	88.39%	561.93%	93.04%	50.35%	85.78%	56.36%	41.05%	37.09%	35.73%	229.16%

Earnings

Report Date	Aug 23, 2017	Apr 17, 2018	Aug 22, 2018	Feb 20, 2019	Aug 21, 2019	Feb 19, 2020	Aug 3, 2020	Feb 26, 2021	Jul 30, 2021	Dec 17, 2021	Feb 25, 2022	Apr 29, 2022	Jul 29, 2022	Oct 28, 2022	Feb 24, 2023	Aug 22, 2024	Apr 18, 2025	Aug 28, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00
EPS Actual	0.49	0.37	-0.28	0.39	-2.98	-2.86	-0.44	-0.74	-0.35	0.00	0.32	0.00	0.56	0.00	1.68	1.44	-0.04	0.45
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	After-hours	After-hours	Pre-market	-	After-hours	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	After-hours	After-hours	-	-	-

Key Statistics & Ratios

Market Cap128.68M

Enterprise Value314.15M

Trailing P/E3.37

Forward P/E0.00

Price / Sales7.51

Price / Book0.78

EPS2.94

Book Value15.97

Revenue (TTM)17.14M

Gross Profit (TTM)14.19M

EBITDA11.95M

Profit Margin163.32%

Operating Margin63.95%

Return on Equity19.54%

Return on Assets2.53%

Shares Outstanding13.00M

Shares Float8.08M

Beta0.43

Dividend Yield16.49%

Dividend Rate1.63

Payout Ratio28.03%

Dividends

20261×

0.14May 22, 2026

20252×

0.43Oct 1, 20250.56May 23, 2025

20241×

0.54May 24, 2024

20231×

0.54May 25, 2023

20221×

0.54May 26, 2022

20211×

0.54May 19, 2021

20201×

0.54May 20, 2020

20191×

0.54May 22, 2019

20181×

0.91May 16, 2018

20162×

0.90Dec 21, 20160.93May 19, 2016

20151×

0.94May 21, 2015

Stock Splits

Jun 26, 20261057:1035
Oct 2, 2025160:157