ACTIVE

DE MIDDENSTAND VAN CUERNE

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Financial year 2025 · Closed on 31/12/2025

Net result26,8 k €+44,3 %over 1 year

Gross margin46,9 k €+28,9 %over 1 year

Equity583,7 k €+4,8 %over 1 year

Identity

Source · BCE/KBO

DE MIDDENSTAND VAN CUERNE is a Public limited company incorporated in 1968. Its registered office is in Kuurne.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.355.377
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: De Vlaskouter 10 box 1
8520 Kuurne · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	46,9 k €	+28.9%	36,4 k €	-17.3%	44 k €	+69.4%	26 k €	-10.8%	29,1 k €
EBITDA	39,3 k €	+34.0%	29,3 k €	-20.8%	37 k €	+87.0%	19,8 k €	-11.3%	22,3 k €
Operating result	38,8 k €	+43.4%	27,1 k €	-22.1%	34,8 k €	+99.5%	17,4 k €	+3.0%	16,9 k €
Net result	26,8 k €	+44.3%	18,6 k €	-21.4%	23,6 k €	+77.3%	13,3 k €	+5.7%	12,6 k €
Balance sheet
Equity	583,7 k €	+4.8%	556,9 k €	+3.5%	538,3 k €	+4.6%	514,7 k €	+2.7%	501,4 k €
Total assets	600,7 k €	+6.9%	562 k €	+3.0%	545,7 k €	+4.4%	522,9 k €	+0.6%	519,7 k €
Cash	67,9 k €	-70.3%	228,7 k €	+9.0%	209,8 k €	+13.4%	185 k €	+2.9%	179,9 k €
Debts	10,9 k €	+160%	4,2 k €	-43.7%	7,4 k €	-10.2%	8,2 k €	-55.0%	18,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 58 ended

Active mandates

Carl Vereecke

Director · since 15 mai 2026

Active

Filip Moreau

Managing director · since 15 mai 2026

Active

Jan Vertriest

Managing director · since 15 mai 2026

Active

Johan Coucke

Director · since 15 mai 2026

Active

Jorn Verledens

Director · since 15 mai 2026

Active

Karel Decoene

Director · since 15 mai 2026

Active

Philip Vertriest

Director · since 15 mai 2026

Active

Stijn Fieuws

Director · since 15 mai 2026

Active

Ended mandates

Katrien BONTE

Director · since 19 mai 2023 · until 15 mai 2026

Ended

Stijn FIEUWS

Director · since 19 mai 2023 · until 15 mai 2026

Ended

Johan COUCKE

Director · since 14 juillet 2020 · until 15 mai 2026

Ended

Lien Hellyn

Director · since 14 juillet 2020 · until 15 mai 2026

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	21/05/2025	12/06/2024	22/05/2023	02/06/2022	27/05/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/05/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	16/05/2025	21/05/2025	Dutch	PDF
Micro model	31/12/2023	17/05/2024	12/06/2024	Dutch	PDF
Micro model	31/12/2022	19/05/2023	22/05/2023	Dutch	PDF
Micro model	31/12/2021	20/05/2022	02/06/2022	Dutch	PDF
Micro model	31/12/2020	21/05/2021	27/05/2021	Dutch	PDF
Micro model	31/12/2019	15/05/2020	25/05/2020	Dutch	PDF
Micro model	31/12/2018	17/05/2019	27/05/2019	Dutch	PDF
Micro model	31/12/2017	18/05/2018	29/05/2018	Dutch	PDF
Micro model	31/12/2016	19/05/2017	07/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	20/05/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	23/05/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	30/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 58 ended

Active mandates

Carl Vereecke

Director · since 15 mai 2026

Active

Filip Moreau

Managing director · since 15 mai 2026

Active

Jan Vertriest

Managing director · since 15 mai 2026

Active

Johan Coucke

Director · since 15 mai 2026

Active

Jorn Verledens

Director · since 15 mai 2026

Active

Karel Decoene

Director · since 15 mai 2026

Active

Philip Vertriest

Director · since 15 mai 2026

Active

Stijn Fieuws

Director · since 15 mai 2026

Active

Ended mandates

Katrien BONTE

Director · since 19 mai 2023 · until 15 mai 2026

Ended

Stijn FIEUWS

Director · since 19 mai 2023 · until 15 mai 2026

Ended

Johan COUCKE

Director · since 14 juillet 2020 · until 15 mai 2026

Ended

Lien Hellyn

Director · since 14 juillet 2020 · until 15 mai 2026

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office07/05/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other15/06/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/04/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/02/2015
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2025
Annual accounts 202526,8 k €↑
2024
Annual accounts 202418,6 k €↓
2023
Annual accounts 202323,6 k €↑
2022
Annual accounts 202213,3 k €↑
2021
Annual accounts 202112,6 k €↑
2018
Annual accounts 2018974,9 €↓
2017
Annual accounts 20171,9 k €↓
2016
Annual accounts 20162,8 k €↑
2015
Annual accounts 20152,6 k €↓
2014
Annual accounts 20149,6 k €↓
2013
Annual accounts 201316 k €↑
2012
Annual accounts 20121,8 k €↓
2011
Annual accounts 20114,6 k €↑
2010
Annual accounts 2010-1,3 k €↑
2009
Annual accounts 2009-5,4 k €↓
2008
Annual accounts 20089,4 k €↑
2007
Annual accounts 20078,3 k €↓
2006
Annual accounts 200611,2 k €
01/01/1968
IncorporationPublic limited company

DE MIDDENSTAND VAN CUERNE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline