Qvede, MB - financials and debts

Company age: 2 y. 5 mo.

Update

Qvede - Company finances

EUR
2024
From: 2024-04-02
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 311,036 516,376
Profit before tax 1,611 5,258
Net profit 1,229 4,232
Equity 1,229 5,561
Liabilities 176,390 92,170
Non-current assets 0 1,380
Current assets 177,619 96,351
Total assets 177,619 97,731
Taxes paid
STI taxes 7,009 10,870
Financial indicators
Revenue change y/y - +66.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 0.7% 4.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 76.1%
Profit margin Net profit margin. Shows the overall profitability of the company. 0.4% 0.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 0.5% 1.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 143.5 16.6
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Qvede - Social security debts

From To Debt, €
2026-01-01 2026-01-31 62.35
2025-10-01 2025-11-30 62.35
2025-07-01 2025-08-31 62.35
2025-01-02 2025-04-30 62.35
2024-11-04 2024-11-30 62.35
2024-10-01 2024-10-31 62.35
2024-08-01 2024-08-31 62.35
2024-05-02 2024-05-31 62.35

Qvede - VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Qvede, MB (code 306716365) is a Small partnership engaged in retail sale of motor vehicles. In the latest financial year, 2025, the company generated revenue of €516.4K, up 66.0% from €311.0K in 2024. Net profit increased from €1.2K to €4.2K, while the profit margin improved from 0.4% to 0.8%. This shows stronger top-line growth and a modest but positive improvement in profitability.

The balance sheet remained tightly leveraged. At the end of 2025, total assets were €96.4K, equity was €5.6K and liabilities were €92.2K. In 2024, assets were €177.6K, liabilities €176.4K and equity €1.2K, so the business reduced both assets and liabilities while strengthening equity somewhat. The equity ratio stood at 5.8%, debt-to-equity was 16.57, and asset turnover reached 5.36x, indicating active use of a relatively small asset base. Profitability on assets was positive, while return on equity was amplified by the very small equity base.