ACTIVE

COURIM

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Financial year 2025 · closed on 30/06/2025

Net result

21,2 k €

+860.0% YoY

Gross margin

-2,4 k €

+81.7% YoY

Equity

824,9 k €

+2.6% YoY

Workforce

0,0 ETP

What does COURIM do?

COURIM is a Private limited company incorporated in 1989. Its main activity is: Architectural activities. Its registered office is in Saint-Gilles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.449.313

Incorporation

09/05/1989

Legal form

Private limited company

Registered office

Avenue Brugmann 16
1060 Saint-Gilles · BruxellesSee on map

Contributed capital

179 722,80 €

Latest accounts

30/06/2025

Average workforce

0,0 ETP

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 18130Pre-press and pre-media services 18130Pre-press and pre-media services 74102Specialised design activities 74103Specialised design activities+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-2,4 k €	+81.7%	-13,3 k €	-32.8%	-10 k €	-129%	35,1 k €	-14.0%	40,9 k €	-88.1%	344 k €	+4532%	-7,8 k €	-179%	-2,8 k €	-9.7%	-2,5 k €	-2.5%	-2,5 k €	0.0%	-2,5 k €	+67.9%	-7,7 k €	-154%	-3 k €	-30.7%	-2,3 k €	-21.0%	-1,9 k €	+31.6%	-2,8 k €	+25.8%	-3,8 k €	-133%	-1,6 k €
EBITDA	-2,8 k €	+78.7%	-13,3 k €	-18.4%	-11,2 k €	-133%	34,3 k €	-14.3%	40 k €	-88.3%	343,1 k €	+3712%	-9,5 k €	-241%	-2,8 k €	+18.2%	-3,4 k €	+3.3%	-3,5 k €	-5.3%	-3,3 k €	+61.6%	-8,7 k €	-118%	-4 k €	-22.3%	-3,3 k €	-14.1%	-2,9 k €	+23.6%	-3,7 k €	+20.7%	-4,7 k €	-83.2%	-2,6 k €
Operating result	-2,8 k €	+78.7%	-13,3 k €	-18.4%	-11,2 k €	-134%	33,5 k €	-14.8%	39,3 k €	-88.6%	343,1 k €	+3712%	-9,5 k €	-283%	5,2 k €	+252%	-3,4 k €	+3.3%	-3,5 k €	-5.3%	-3,3 k €	+61.6%	-8,7 k €	-118%	-4 k €	-22.3%	-3,3 k €	-14.1%	-2,9 k €	+23.6%	-3,7 k €	+20.7%	-4,7 k €	-83.2%	-2,6 k €
Net result	21,2 k €	+860%	2,2 k €	-80.4%	11,3 k €	-75.4%	45,8 k €	+109%	-508,7 k €	-246%	347,8 k €	-59.9%	866,9 k €	+1987%	-45,9 k €	-225%	-14,1 k €	+59.9%	-35,3 k €	-1.0%	-34,9 k €	-199%	35,4 k €	+73.7%	20,4 k €	-24.5%	27 k €	+165%	-41,2 k €	-88.4%	-21,9 k €	-252%	14,4 k €	+646%	-2,6 k €
Balance sheet
Equity	824,9 k €	+2.6%	803,7 k €	+0.3%	801,4 k €	+1.4%	790,2 k €	+6.1%	744,4 k €	-40.6%	1,3 M €	+38.4%	905,3 k €	+770%	-135,1 k €	-153%	-53,3 k €	-36.0%	-39,2 k €	-892%	-4 k €	-113%	31 k €	+795%	-4,5 k €	+82.1%	-24,8 k €	+52.1%	-51,8 k €	-390%	-10,6 k €	-194%	11,3 k €	+469%	-3,1 k €
Total assets	833,5 k €	+3.1%	808,7 k €	-0.2%	810,5 k €	+1.5%	798,5 k €	+4.1%	767 k €	-39.9%	1,3 M €	+30.9%	974,9 k €	-42.9%	1,7 M €	-1.6%	1,7 M €	+0.7%	1,7 M €	+0.5%	1,7 M €	-20.8%	2,2 M €	-27.4%	3 M €	+5.1%	2,8 M €	+6.6%	2,7 M €	-28.6%	3,7 M €	+123%	1,7 M €	+98.9%	839,4 k €
Cash	1,4 k €	+667%	187,7 €	-99.4%	30 k €		0 €	-100%	3,6 k €	+445%	660,5 €	-71.1%	2,3 k €	+44.8%	1,6 k €	+142%	653,2 €	+65.2%	395,5 €	-5.5%	418,3 €	-83.7%	2,6 k €	+209%	829,4 €	-40.6%	1,4 k €	+94.5%	717,5 €	-69.5%	2,4 k €	-34.6%	3,6 k €	-16.0%	4,3 k €
Debts	7 k €	+133%	3 k €	-53.9%	6,5 k €	+2.2%	6,4 k €	-68.7%	20,5 k €	-2.3%	21 k €	-69.5%	68,6 k €	-96.3%	1,8 M €	+33.9%	1,4 M €	+0.1%	1,4 M €	-0.3%	1,4 M €	-17.2%	1,7 M €	-31.0%	2,4 M €	+0.3%	2,4 M €	+1.2%	2,4 M €	-33.4%	3,6 M €	+118%	1,6 M €	+95.9%	834,9 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

BIRKIYE Sefik

Director

Active

Ended mandates

Sefik Birkiye

Manager · since 17 septembre 2007

Ended

Jacques Boton

Manager · since 17 mai 2005 · until 02 octobre 2008

Ended

Jacques Boton

Manager · since 17 mai 2005

Ended

Rodolphe d'Oultremont

Manager · since 16 février 2004 · until 02 octobre 2008

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/10/2025	02/12/2024	28/11/2023	28/11/2022	01/12/2021	08/09/2020
General meeting	24/10/2025	29/11/2024	25/11/2023	26/11/2022	27/11/2021	07/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	24/10/2025	29/10/2025	French	PDF
Abridged model	30/06/2024	29/11/2024	02/12/2024	French	PDF
Abridged model	30/06/2023	25/11/2023	28/11/2023	French	PDF
Abridged model	30/06/2022	26/11/2022	28/11/2022	French	PDF
Abridged model	30/06/2021	27/11/2021	01/12/2021	French	PDF
Abridged model	30/06/2020	07/09/2020	08/09/2020	French	PDF
Abridged model	30/06/2019	30/11/2019	06/12/2019	French	PDF
Abridged model	30/06/2018	24/11/2018	03/12/2018	French	PDF
Micro model	30/06/2017	25/11/2017	12/03/2018	French	PDF
Abridged model	30/06/2016	26/11/2016	20/12/2016	French	PDF
Abridged model	30/06/2015	28/11/2015	15/02/2016	French	PDF
Abridged model	30/06/2014	21/11/2014	23/02/2015	French	PDF
Abridged model	30/06/2013	22/11/2013	26/02/2014	French	PDF
Abridged model	30/06/2012	22/11/2012	08/02/2013	French	PDF
Abridged model	30/06/2011	26/11/2011	20/03/2012	French	PDF
Abridged model	30/06/2010	27/11/2010	27/01/2011	French	PDF
Abridged model	30/06/2009	28/11/2009	14/01/2010	French	PDF
Abridged model	30/06/2008	29/11/2008	23/01/2009	French	PDF
Abridged model	30/06/2007	24/11/2007	28/07/2008	French	PDF
Abridged model	30/06/2006	25/11/2006	26/02/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

BIRKIYE Sefik

Director

Active

Ended mandates

Sefik Birkiye

Manager · since 17 septembre 2007

Ended

Jacques Boton

Manager · since 17 mai 2005 · until 02 octobre 2008

Ended

Jacques Boton

Manager · since 17 mai 2005

Ended

Rodolphe d'Oultremont

Manager · since 16 février 2004 · until 02 octobre 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/07/2025
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates29/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office31/07/2019
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Capital / shares10/01/2019
CAPITAL, ACTIONS
PDF
Mandates19/12/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates15/05/2008
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2006
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office26/09/2005
SIEGE SOCIAL
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

2025
Annual accounts 202521,2 k €↑
2024
Annual accounts 20242,2 k €↓
2023
Annual accounts 202311,3 k €↓
2022
Annual accounts 202245,8 k €↑
2021
Annual accounts 2021-508,7 k €↓
2020
Annual accounts 2020347,8 k €↓
2019
Annual accounts 2019866,9 k €↑
2018
Annual accounts 2018-45,9 k €↓
2016
Annual accounts 2016-14,1 k €↑
2015
Annual accounts 2015-35,3 k €↓
2014
Annual accounts 2014-34,9 k €↓
2013
Annual accounts 201335,4 k €↑
2012
Annual accounts 201220,4 k €↓
2011
Annual accounts 201127 k €↑
2010
Annual accounts 2010-41,2 k €↓
2009
Annual accounts 2009-21,9 k €↓
2008
Annual accounts 200814,4 k €↑
2007
Annual accounts 2007-2,6 k €
09/05/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COURIM

Overview

What does COURIM do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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