ACTIVE

KORFLOOR

Financial year 2025 · closed on 31/12/2025
Net result
131 k €
+39.8% YoY
Gross margin
270,6 k €
+4.6% YoY
Equity
2,6 M €
+5.2% YoY

What does KORFLOOR do?

KORFLOOR is a Public limited company incorporated in 1981. Its registered office is in Kuurne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.175.483
Incorporation
02/01/1981
Legal form
Public limited company
Registered office
Noordlaan 4
8520 Kuurne · FlandreSee on map
Contributed capital
1 875 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 120
  • 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin270,6 k €258,7 k €247,8 k €207,2 k €206,6 k €209,8 k €211,2 k €203,6 k €200,6 k €198,3 k €207,3 k €194,3 k €198,5 k €198,9 k €186,3 k €183,2 k €64,2 k €115,5 k €256,3 k €317,2 k €
EBITDA228,3 k €216,9 k €207 k €169,5 k €169,9 k €174,7 k €178,9 k €171,8 k €169,9 k €169,1 k €179,1 k €171,9 k €176,8 k €178,2 k €168,2 k €160,9 k €46,1 k €29,5 k €126,7 k €127,7 k €
Operating result188 k €142,8 k €131,2 k €100,4 k €101,7 k €101 k €103,4 k €96,3 k €91,9 k €80 k €84,2 k €70,6 k €74 k €68,7 k €58,2 k €87,3 k €6,3 k €-10,6 k €27,4 k €22,9 k €
Net result131 k €93,7 k €84,4 k €56,1 k €54,3 k €60 k €52,1 k €49,4 k €37 k €35,3 k €35,8 k €28,9 k €26,1 k €25,1 k €22,4 k €49,7 k €3,6 k €22,2 k €3,7 k €1,6 k €
Balance sheet
Equity2,6 M €2,5 M €2,4 M €2,3 M €2,3 M €2,2 M €2,2 M €2,1 M €2,1 M €2 M €2 M €2 M €1,9 M €1,9 M €1,9 M €2,1 M €284,1 k €283,7 k €261,5 k €257,8 k €
Total assets2,6 M €6,5 M €12,4 M €12,4 M €8,3 M €2,2 M €7,9 M €8,6 M €2,1 M €2,1 M €2 M €2 M €2 M €2 M €2,1 M €2,1 M €307,5 k €589,4 k €662,7 k €681,6 k €
Cash730,6 k €4,6 M €11,4 M €11,2 M €7,2 M €1,1 M €6,6 M €7,3 M €693,3 k €594,4 k €442,7 k €314,4 k €49,7 k €12,6 k €209,2 k €19,3 k €23,2 k €14,1 k €7,7 k €4 k €
Debts4,9 k €4 M €10 M €10 M €6 M €7,1 k €5,7 M €6,5 M €12,4 k €28,6 k €5,3 k €5,7 k €29,9 k €79,7 k €201,1 k €23,4 k €23,4 k €305,7 k €401,2 k €417,8 k €
Other
Workforce2,8 ETP4,0 ETP6,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Annique Levecque

Director

Active
Luc Levecque

Voorzitter raad van bestuur, gedelegeerd bestuurder

Active
Veronique Levecque

Managing director

Active

Ended mandates

Suzanne DELAGRANGE

Director · since 31 mars 2007

Ended
Frank (2008) VANNESTE

Managing director

Ended
Frank (2014) VANNESTE

Managing director

Ended
LEVECO

Director · 0457.391.721

Represented by Luc Levecque

Ended
At this address

Other companies at this address

CompanyCBE no.
BOUTTENSActive
0405.317.765
FECORNETTOActive
0741.600.236
FIBOTRANSActive
0413.814.569
HOCANActive
0741.599.246
HORATECActive
0867.686.675
LEVECOActive
0457.391.721
MONTAMACHIActive
0741.599.345
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date16/06/202624/06/202510/06/202409/06/202331/05/202226/05/2021
General meeting04/06/202605/06/202506/06/202416/05/202317/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202616/06/2026DutchPDF
Abridged model31/12/202405/06/202524/06/2025DutchPDF
Abridged model31/12/202306/06/202410/06/2024DutchPDF
Abridged model31/12/202216/05/202309/06/2023DutchPDF
Abridged model31/12/202117/05/202231/05/2022DutchPDF
Abridged model31/12/202018/05/202126/05/2021DutchPDF
Abridged model31/12/201919/05/202027/05/2020DutchPDF
Abridged model31/12/201821/05/201925/05/2019DutchPDF
Abridged model31/12/201715/05/201816/06/2018DutchPDF
Abridged model31/12/201616/05/201720/06/2017DutchPDF
Abridged model31/12/201517/05/201617/06/2016DutchPDF
Abridged model31/12/201419/05/201518/06/2015DutchPDF
Abridged model31/12/201320/05/201407/06/2014DutchPDF
Abridged model31/12/201221/05/201326/06/2013DutchPDF
Abridged model31/12/201115/05/201222/06/2012DutchPDF
Abridged model31/12/201017/05/201107/06/2011DutchPDF
Abridged model31/12/200928/05/201028/07/2010DutchPDF
Abridged model31/12/200827/06/200923/07/2009DutchPDF
Abridged model31/12/200728/06/200802/07/2008DutchPDF
Abridged model31/12/200630/06/200704/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Annique Levecque

Director

Active
Luc Levecque

Voorzitter raad van bestuur, gedelegeerd bestuurder

Active
Veronique Levecque

Managing director

Active

Ended mandates

Suzanne DELAGRANGE

Director · since 31 mars 2007

Ended
Frank (2008) VANNESTE

Managing director

Ended
Frank (2014) VANNESTE

Managing director

Ended
LEVECO

Director · 0457.391.721

Represented by Luc Levecque

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates13/07/2010
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates16/02/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/01/2009
    DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates31/07/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/10/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/03/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2025131 k €
  2. 2024
    Annual accounts 202493,7 k €
  3. 2023
    Annual accounts 202384,4 k €
  4. 2022
    Annual accounts 202256,1 k €
  5. 2021
    Annual accounts 202154,3 k €
  6. 2020
    Annual accounts 202060 k €
  7. 2019
    Annual accounts 201952,1 k €
  8. 2018
    Annual accounts 201849,4 k €
  9. 2017
    Annual accounts 201737 k €
  10. 2016
    Annual accounts 201635,3 k €
  11. 2015
    Annual accounts 201535,8 k €
  12. 2014
    Annual accounts 201428,9 k €
  13. 2013
    Annual accounts 201326,1 k €
  14. 2012
    Annual accounts 201225,1 k €
  15. 2011
    Annual accounts 201122,4 k €
  16. 2010
    Annual accounts 201049,7 k €
  17. 2009
    Annual accounts 20093,6 k €
  18. 2008
    Annual accounts 200822,2 k €
  19. 2007
    Annual accounts 20073,7 k €
  20. 2006
    Annual accounts 20061,6 k €
  21. 02/01/1981
    IncorporationPublic limited company