ACTIVE

J. Cortès Cigars

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result2,8 M €+1 486,4 %over 1 year
Revenue88,1 M €+3,4 %over 1 year
Equity52,8 M €+20,2 %over 1 year
Workforce125,8 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

J. Cortès Cigars is a Public limited company incorporated in 1968. Its registered office is in Zwevegem. It employs on average 125,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.450.102
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Pannenbakkersstraat(M) 1
8552 Zwevegem · FlandreSee on map
Contributed capital
6 150 000,00 €
Latest accounts
31/12/2025
Average workforce
125,8 ETP
Joint committees (3)
  • 133
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 9 financial years

20252024202320222021
Income statement
Revenue88,1 M €85,2 M €80,5 M €74,1 M €62,8 M €
EBITDA7,9 M €7,5 M €3,1 M €3,8 M €2,1 M €
Operating result5 M €4,6 M €1,2 M €2,1 M €690,1 k €
Net result2,8 M €178,2 k €437,8 k €2,9 M €331,1 k €
Balance sheet
Equity52,8 M €43,9 M €51,3 M €50,9 M €48 M €
Total assets93,3 M €91,1 M €101,2 M €91,6 M €77,2 M €
Cash370,9 k €1 M €380,9 k €626,7 k €2,9 M €
Debts39,8 M €46,8 M €49,6 M €40,1 M €29,1 M €
Other
Workforce125,8 ETP129,7 ETP132,5 ETP127,8 ETP124,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 29 ended

Active mandates

EIGEN KWEEK

Managing director · since 24 décembre 2023 · until 26 mai 2029 · 0552.956.814

Represented by Frederik VANDERMARLIERE

Active
Guido Vandermarliere

Director · since 24 décembre 2023 · until 26 mai 2029

Active

Ended mandates

EIGEN KWEEK

Managing director · since 24 décembre 2023 · until 26 mai 2029 · 0552.956.814

Represented by Frederik VANDERMARLIERE

Ended
Guido Vandermarliere

Director · since 02 janvier 2022 · until 29 mai 2027

Ended
LE FUMOIR

Managing director · since 02 janvier 2022 · until 29 mai 2027 · 0555.880.076

Represented by Frederik Vandermarliere

Ended
Guido Vandermarliere

Director · since 02 janvier 2016 · until 02 janvier 2022

Ended

Other companies at this address

Pannenbakkersstraat(M) 1 8552 Zwevegem
CompanyCBE no.
De Ark● Active
0738.757.047
GROEP VCF● Active
1016.757.067
LE FUMOIR● Active
0555.880.076

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202601/07/202508/05/202422/05/202327/06/202205/05/2021
General meeting30/05/202631/05/202525/04/202427/04/202328/05/202224/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/05/202609/06/2026DutchPDF
Full model31/12/202431/05/202501/07/2025DutchPDF
Full model31/12/202325/04/202408/05/2024DutchPDF
Full model31/12/202227/04/202322/05/2023DutchPDF
Full model31/12/202128/05/202227/06/2022DutchPDF
Full model31/12/202024/04/202105/05/2021DutchPDF
Full model31/12/201930/05/202005/06/2020DutchPDF
Full model31/12/201816/05/201921/05/2019DutchPDF
Full model31/12/201726/05/201808/06/2018DutchPDF
Full model31/12/201627/05/201716/06/2017DutchPDF
Full model31/12/201528/05/201622/06/2016DutchPDF
Full model31/12/201430/05/201524/06/2015DutchPDF
Full model31/12/201331/05/201418/06/2014DutchPDF
Full model31/12/201225/05/201319/06/2013DutchPDF
Full model31/12/201126/05/201221/08/2012DutchPDF
Full model31/12/201028/05/201101/07/2011DutchPDF
Full model31/12/200929/05/201014/07/2010DutchPDF
Full model31/12/200809/06/200927/08/2009DutchPDF
Full model31/12/200710/06/200829/08/2008DutchPDF
Consolidated accounts31/12/200730/06/200829/08/2008DutchPDF
Full model31/12/200626/05/200710/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

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

2 active · 29 ended

Active mandates

EIGEN KWEEK

Managing director · since 24 décembre 2023 · until 26 mai 2029 · 0552.956.814

Represented by Frederik VANDERMARLIERE

Active
Guido Vandermarliere

Director · since 24 décembre 2023 · until 26 mai 2029

Active

Ended mandates

EIGEN KWEEK

Managing director · since 24 décembre 2023 · until 26 mai 2029 · 0552.956.814

Represented by Frederik VANDERMARLIERE

Ended
Guido Vandermarliere

Director · since 02 janvier 2022 · until 29 mai 2027

Ended
LE FUMOIR

Managing director · since 02 janvier 2022 · until 29 mai 2027 · 0555.880.076

Represented by Frederik Vandermarliere

Ended
Guido Vandermarliere

Director · since 02 janvier 2016 · until 02 janvier 2022

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares19/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates08/08/2025
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Restructuring23/10/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/06/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,8 M €↑
  2. 02/12/2025
    augmentation_capital
  3. 02/12/2025
    augmentation_capital
  4. 2024
    Annual accounts 2024178,2 k €↓
  5. 04/06/2024
    nominationEigen Kweek BV — bestuurder
  6. 2023
    Annual accounts 2023437,8 k €↓
  7. 2022
    Annual accounts 20222,9 M €↑
  8. 31/05/2022
    reconductionBV BEDRIJFSREVISOR THIERRY VAN LOOCKE — commissaris
  9. 31/05/2022
    reconductionBV VRC BEDRIJFSREVISOREN — commissaris
  10. 28/05/2022
    nominationBV BEDRIJFSREVISOR THIERRY VAN LOOCKE — commissaris
  11. 2021
    Annual accounts 2021331,1 k €↓
  12. 2010
    Annual accounts 20101,6 M €↑
  13. 2009
    Annual accounts 20091,3 M €↓
  14. 2008
    Annual accounts 20081,5 M €↑
  15. 2007
    Annual accounts 20071,4 M €
  16. 01/01/1968
    IncorporationPublic limited company