ACTIVE

KURT TEIRLYNCK

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Financial year 2024 · Closed on 31/12/2024

Net result36,3 k €+2 197,7 %over 1 year
Gross margin116,5 k €+17,3 %over 1 year
Equity221 k €+19,7 %over 1 year
Workforce0,9 ETP+80,0 %over 1 year

Identity

Source · BCE/KBO

KURT TEIRLYNCK is a Cooperative society incorporated in 1990. Its main activity is: Wholesale of other household goods. Its registered office is in Menen. It employs on average 0,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.499.665
Incorporation
06/04/1990
Legal form
Cooperative society
Registered office
Grote Weg 75
8930 Menen · FlandreSee on map
Contributed capital
19 831,48 €
Latest accounts
31/12/2024
Average workforce
0,9 ETP
Joint committees (3)
  • 118
  • 201
  • 215
Signals
ProfitableLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin116,5 k €99,3 k €57,4 k €51,9 k €46,2 k €
EBITDA65,3 k €38,5 k €35,1 k €33,4 k €-30,3 k €
Operating result47,9 k €5,1 k €-11,2 k €-60,8 k €-13,1 k €
Net result36,3 k €-1,7 k €-3,3 k €-63 k €-16,8 k €
Balance sheet
Equity221 k €184,6 k €186,4 k €189,7 k €252,7 k €
Total assets883 k €876,3 k €842,3 k €873,7 k €1 M €
Cash57,2 k €59,8 k €22,5 k €75 k €211 k €
Debts622 k €650,4 k €612,3 k €624,8 k €691,8 k €
Other
Workforce0,9 ETP0,5 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

Kurt Teirlynck

Director

Active

Ended mandates

Kurt Teirlynck

Manager

Ended

Other companies at this address

Grote Weg 75 8930 Menen
CompanyCBE no.
FTA ERVIJN● Active
0550.421.847

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202523/09/202431/08/202330/08/202230/08/202116/09/2020
General meeting26/05/202523/09/202430/05/202330/05/202231/05/202131/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/05/202529/08/2025DutchPDF
Abridged model31/12/202323/09/202423/09/2024DutchPDF
Micro model31/12/202230/05/202331/08/2023DutchPDF
Micro model31/12/202130/05/202230/08/2022DutchPDF
Micro model31/12/202031/05/202130/08/2021DutchPDF
Micro model31/12/201931/08/202016/09/2020DutchPDF
Micro model31/12/201827/05/201921/08/2019DutchPDF
Micro model31/12/201728/05/201821/08/2018DutchPDF
Micro model31/12/201629/05/201722/08/2017DutchPDF
Abridged model31/12/201530/05/201631/08/2016DutchPDF
Abridged model31/12/201426/05/201527/08/2015DutchPDF
Abridged model31/12/201326/05/201427/08/2014DutchPDF
Abridged model31/12/201227/05/201330/08/2013DutchPDF
Abridged model31/12/201129/05/201230/07/2012DutchPDF
Abridged model31/12/201030/05/201104/11/2011DutchPDF
Abridged model31/12/200931/05/201030/08/2010DutchPDF
Abridged model31/12/200825/05/200930/09/2009DutchPDF
Abridged model31/12/200726/05/200828/07/2008DutchPDF
Abridged model31/12/200629/05/200731/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024

1 active · 1 ended

Active mandates

Kurt Teirlynck

Director

Active

Ended mandates

Kurt Teirlynck

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office27/10/2021
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/01/2018
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares30/06/2006
    DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office27/10/2005
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202436,3 k €↑
  2. 2023
    Annual accounts 2023-1,7 k €↑
  3. 2022
    Annual accounts 2022-3,3 k €↑
  4. 2021
    Annual accounts 2021-63 k €↓
  5. 2020
    Annual accounts 2020-16,8 k €↓
  6. 2019
    Annual accounts 2019243,8 k €↑
  7. 2018
    Annual accounts 20187,4 k €↑
  8. 2017
    Annual accounts 2017-7,3 k €↓
  9. 2016
    Annual accounts 201677,3 k €↓
  10. 2015
    Annual accounts 201584,3 k €↑
  11. 2014
    Annual accounts 201448,3 k €↓
  12. 2013
    Annual accounts 201362,5 k €↑
  13. 2012
    Annual accounts 201220,6 k €↓
  14. 2011
    Annual accounts 201123,2 k €↑
  15. 2010
    Annual accounts 20104 k €↑
  16. 2009
    Annual accounts 20093 k €↑
  17. 2008
    Annual accounts 2008-35,6 k €↓
  18. 2007
    Annual accounts 2007-15,3 k €↑
  19. 2006
    Annual accounts 2006-107,1 k €
  20. 06/04/1990
    IncorporationCooperative society