ACTIVE

European Cork Distribution

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Financial year 2024 · Closed on 31/12/2024

Net result2,5 k €-98,2 %over 1 year

Gross margin976,5 k €-15,4 %over 1 year

Equity835,7 k €+0,3 %over 1 year

Workforce12,2 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

European Cork Distribution is a Public limited company incorporated in 1984. Its registered office is in Lokeren. It employs on average 12,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.740.711
Incorporation: 01/10/1984
Legal form: Public limited company
Registered office: Wolfsakker 3
9160 Lokeren · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2024
Average workforce: 12,2 ETP

Joint committees (4)

126
12600
12602
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	976,5 k €	-15.4%	1,2 M €	+18.7%	972,1 k €	-33.8%	1,5 M €	+32.8%	1,1 M €
EBITDA	148,3 k €	-56.0%	337,2 k €	+52.3%	221,5 k €	-70.6%	753,8 k €	+49.1%	505,6 k €
Operating result	21,5 k €	-89.5%	204,8 k €	+68.1%	121,8 k €	-81.9%	675 k €	+54.0%	438,3 k €
Net result	2,5 k €	-98.2%	137,1 k €	+26.3%	108,5 k €	-78.0%	493,5 k €	+57.2%	313,8 k €
Balance sheet
Equity	835,7 k €	+0.3%	833,2 k €	+19.7%	696,1 k €	+18.5%	587,6 k €	+32.3%	444,2 k €
Total assets	1,9 M €	-4.4%	2 M €	-5.7%	2,1 M €	+8.1%	1,9 M €	+36.8%	1,4 M €
Cash	272,7 k €	+109%	130,6 k €	-50.5%	263,5 k €	-59.9%	656,5 k €	+65.7%	396,2 k €
Debts	1 M €	-9.6%	1,1 M €	-18.5%	1,4 M €	+3.5%	1,3 M €	+38.9%	961,3 k €
Other
Workforce	12,2 ETP	0.0%	12,2 ETP	-1.6%	12,4 ETP	-5.3%	13,1 ETP	+5.6%	12,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 27 ended

Active mandates

MAGREMAX

Managing director · since 14 février 2023 · until 10 juin 2029 · 0447.646.387

Represented by LUC MAEBE

Active

VIVIANE COEL

Director · since 14 février 2023 · until 10 juin 2029

Active

Ended mandates

Luc Maebe

Managing director · since 11 juin 2017 · until 10 juin 2023

Ended

MAGREMAX

Director · since 11 juin 2017 · until 10 juin 2023 · 0447.646.387

Represented by Luc Maebe

Ended

Viviane Coel

Director · since 11 juin 2017 · until 10 juin 2023

Ended

LUC MAEBE

Managing director · since 10 juin 2017 · until 10 juin 2023

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2025	11/07/2024	04/07/2023	16/06/2022	14/06/2021	15/06/2020
General meeting	14/06/2025	28/06/2024	10/06/2023	11/06/2022	12/06/2021	13/06/2020
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	14/06/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	10/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	11/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	13/06/2020	15/06/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	13/06/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	03/07/2014	Dutch	PDF
Abridged model	30/06/2012	02/01/2013	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	02/01/2012	31/01/2012	Dutch	PDF
Abridged model	30/06/2010	01/12/2010	21/12/2010	Dutch	PDF
Abridged model	31/12/2009	06/07/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	07/07/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	05/08/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	27/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024

2 active · 27 ended

Active mandates

MAGREMAX

Managing director · since 14 février 2023 · until 10 juin 2029 · 0447.646.387

Represented by LUC MAEBE

Active

VIVIANE COEL

Director · since 14 février 2023 · until 10 juin 2029

Active

Ended mandates

Luc Maebe

Managing director · since 11 juin 2017 · until 10 juin 2023

Ended

MAGREMAX

Director · since 11 juin 2017 · until 10 juin 2023 · 0447.646.387

Represented by Luc Maebe

Ended

Viviane Coel

Director · since 11 juin 2017 · until 10 juin 2023

Ended

LUC MAEBE

Managing director · since 10 juin 2017 · until 10 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other22/04/2014
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other04/07/2013
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates21/05/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other13/07/2010
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/04/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 20242,5 k €↓
2023
Annual accounts 2023137,1 k €↑
2022
Annual accounts 2022108,5 k €↓
2021
Annual accounts 2021493,5 k €↑
2020
Annual accounts 2020313,8 k €↑
2019
Annual accounts 201912,8 k €↓
2018
Annual accounts 201898,7 k €↑
2017
Annual accounts 201741,9 k €↑
2016
Annual accounts 201630,3 k €↓
2015
Annual accounts 201537,8 k €↑
2014
Annual accounts 201428,2 k €↓
2013
Annual accounts 201342,1 k €↓
2013
Name changeEUROPEAN CORK DISTRIBUTION
2012
Annual accounts 2012143,2 k €↑
2011
Annual accounts 2011-51,5 k €↑
2010
Annual accounts 2010-78,9 k €↓
2009
Annual accounts 200956,2 k €↓
2008
Annual accounts 200894,5 k €↑
2007
Annual accounts 200748,3 k €↓
2006
Annual accounts 200690,9 k €
2006
Name changeSAMCO-ISOTHERMAC
01/10/1984
IncorporationPublic limited company

European Cork Distribution

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