ACTIVE

KORTENBERGH

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Financial year 2025 · closed on 31/12/2025

Net result

129,2 k €

+86.4% YoY

Gross margin

390,2 k €

+23.4% YoY

Equity

1,1 M €

+12.9% YoY

What does KORTENBERGH do?

KORTENBERGH is a Public limited company incorporated in 1991. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.205.659

Incorporation

08/05/1991

Legal form

Public limited company

Registered office

Rue de l'Industrie 4
1000 Bruxelles · BruxellesSee on map

Contributed capital

842 837,98 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	390,2 k €	+23.4%	316,3 k €	-17.7%	384,4 k €	+16.0%	331,5 k €	+3.2%	321,2 k €	+2.3%	314 k €	+9.3%	287,3 k €	+23.7%	232,2 k €	-26.3%	315,2 k €	+34.9%	233,7 k €	+40.8%	166 k €	+19.7%	138,7 k €	-2.8%	142,7 k €	+18.8%	120,1 k €	+2.3%	117,4 k €	-53.9%	254,8 k €	+4.2%	244,5 k €	+12.7%	216,9 k €	-22.9%	281,1 k €	-3.8%	292,2 k €
EBITDA	273,6 k €	+29.5%	211,3 k €	-21.4%	269 k €	+7.0%	251,5 k €	+5.1%	239,2 k €	+3.1%	231,9 k €	+19.7%	193,8 k €	+22.6%	158,1 k €	-29.6%	224,7 k €	+35.4%	166 k €	+84.8%	89,8 k €	+41.8%	63,3 k €	-11.7%	71,7 k €	+12.0%	64 k €	+4.2%	61,5 k €	-67.5%	188,9 k €	+7.5%	175,8 k €	-3.3%	181,8 k €	-25.1%	242,9 k €	-4.2%	253,4 k €
Operating result	154,2 k €	+35.0%	114,2 k €	-34.2%	173,4 k €	+7.1%	162 k €	+6.2%	152,5 k €	+10.2%	138,4 k €	+47.4%	93,9 k €	+75.0%	53,6 k €	-56.2%	122,4 k €	+117%	56,3 k €	+532%	-13 k €	+73.6%	-49,3 k €	-100%	-24,7 k €	+11.9%	-28 k €	+8.4%	-30,6 k €	-132%	94,8 k €	+1.4%	93,5 k €	-6.0%	99,5 k €	-38.0%	160,6 k €	-6.2%	171,1 k €
Net result	129,2 k €	+86.4%	69,3 k €	-47.0%	130,7 k €	+4.1%	125,6 k €	+11.2%	112,9 k €	+17.9%	95,8 k €	+104%	46,9 k €	+1139%	3,8 k €	-95.4%	83 k €	+177%	30 k €	+140%	-75 k €	+29.5%	-106,3 k €	-23.9%	-85,8 k €	+20.5%	-108 k €	+20.7%	-136,1 k €	-146%	-55,3 k €	-2.7%	-53,8 k €	+24.7%	-71,4 k €	-457%	20 k €	-58.2%	47,9 k €
Balance sheet
Equity	1,1 M €	+12.9%	1 M €	+7.4%	932,8 k €	+16.3%	802,1 k €	+18.6%	676,6 k €	+20.0%	563,6 k €	+20.5%	467,8 k €	+138%	-1,2 M €	+0.3%	-1,2 M €	+6.3%	-1,3 M €	+2.0%	-1,3 M €	-5.9%	-1,3 M €	-9.1%	-1,2 M €	-7.9%	-1,1 M €	-11.1%	-973,7 k €	-16.3%	-837,6 k €	-7.1%	-782,3 k €	-7.4%	-728,5 k €	-10.9%	-657,1 k €	+3.0%	-677,1 k €
Total assets	3 M €	+1.6%	3 M €	-2.6%	3,1 M €	+0.7%	3 M €	-0.4%	3,1 M €	-1.3%	3,1 M €	-1.6%	3,1 M €	+76.1%	1,8 M €	-12.4%	2 M €	+2.3%	2 M €	-1.7%	2 M €	-5.0%	2,1 M €	-4.3%	2,2 M €	+1.4%	2,2 M €	-4.1%	2,3 M €	-1.5%	2,3 M €	-3.2%	2,4 M €	-5.9%	2,6 M €	-5.3%	2,7 M €	+1.6%	2,7 M €
Cash	230,3 k €	+228%	70,3 k €	-57.6%	166 k €	+51.0%	109,9 k €	+29.4%	84,9 k €	+16.4%	72,9 k €	+241%	21,4 k €	+588%	3,1 k €	-98.2%	175,7 k €	+601%	25 k €	-15.7%	29,7 k €	-59.4%	73,2 k €	+87.1%	39,1 k €	-9.0%	43 k €	+25.3%	34,3 k €	-0.1%	34,4 k €	-36.7%	54,3 k €	-58.0%	129,4 k €	-28.9%	181,8 k €	+50.1%	121,1 k €
Debts	1,8 M €	-4.0%	1,9 M €	-7.6%	2 M €	-5.3%	2,2 M €	-5.6%	2,3 M €	-6.4%	2,4 M €	-5.8%	2,6 M €	-11.8%	2,9 M €	-8.3%	3,2 M €	-1.6%	3,3 M €	-2.0%	3,3 M €	-0.2%	3,3 M €	+0.9%	3,3 M €	+3.3%	3,2 M €	-0.8%	3,2 M €	+4.4%	3,1 M €	-0.1%	3,1 M €	-3.0%	3,2 M €	-1.8%	3,2 M €	-1.7%	3,3 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

BLUEOXON

Director · since 29 décembre 2023

Active

Ended mandates

FORCE ET COURAGE

Director · since 20 juillet 2017

Represented by Philippe Patrice

Ended

L'INATTENDUE

Director · since 20 juillet 2017

Represented by Philippe Patrice

Ended

Philippe Patrice

Director · since 20 juillet 2017 · until 18 mai 2023

Ended

Philippe Patrice

Director · since 20 juillet 2017

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/09/2026	28/07/2025	03/09/2024	05/08/2023	27/07/2022	26/08/2021
General meeting	03/08/2026	28/06/2025	29/08/2024	18/05/2023	25/05/2022	25/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	03/08/2026	07/09/2026	French	PDF
Abridged model	31/12/2025	17/06/2026	03/07/2026	French	PDF
Abridged model	31/12/2024	28/06/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	29/08/2024	03/09/2024	French	PDF
Abridged model	31/12/2022	18/05/2023	05/08/2023	French	PDF
Abridged model	31/12/2021	25/05/2022	27/07/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	26/08/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	04/09/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	04/08/2019	French	PDF
Abridged model	31/12/2017	19/09/2018	25/09/2018	French	PDF
Abridged model	31/12/2016	15/05/2017	22/05/2017	Dutch	PDF
Abridged model	31/12/2015	19/05/2016	03/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	22/07/2014	Dutch	PDF
Abridged model	30/12/2012	28/06/2013	08/07/2013	Dutch	PDF
Abridged model	30/12/2011	27/07/2012	20/08/2012	Dutch	PDF
Abridged model	30/12/2010	14/07/2011	26/07/2011	Dutch	PDF
Abridged model	30/12/2009	11/06/2010	26/07/2010	Dutch	PDF
Abridged model	30/12/2008	15/10/2009	20/10/2009	Dutch	PDF
Abridged model	30/12/2007	15/09/2008	29/09/2008	Dutch	PDF
Abridged model	30/12/2006	26/06/2007	29/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

BLUEOXON

Director · since 29 décembre 2023

Active

Ended mandates

FORCE ET COURAGE

Director · since 20 juillet 2017

Represented by Philippe Patrice

Ended

L'INATTENDUE

Director · since 20 juillet 2017

Represented by Philippe Patrice

Ended

Philippe Patrice

Director · since 20 juillet 2017 · until 18 mai 2023

Ended

Philippe Patrice

Director · since 20 juillet 2017

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/04/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates02/06/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office27/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office30/03/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other09/12/2013
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/01/2013
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

2025
Annual accounts 2025129,2 k €↑
2024
Annual accounts 202469,3 k €↓
2023
Annual accounts 2023130,7 k €↑
2022
Annual accounts 2022125,6 k €↑
2021
Annual accounts 2021112,9 k €↑
2020
Annual accounts 202095,8 k €↑
2019
Annual accounts 201946,9 k €↑
2018
Annual accounts 20183,8 k €↓
2017
Annual accounts 201783 k €↑
2016
Annual accounts 201630 k €↑
2015
Annual accounts 2015-75 k €↑
2014
Annual accounts 2014-106,3 k €↓
2013
Annual accounts 2013-85,8 k €↑
2012
Annual accounts 2012-108 k €↑
2011
Annual accounts 2011-136,1 k €↓
2010
Annual accounts 2010-55,3 k €↓
2009
Annual accounts 2009-53,8 k €↑
2008
Annual accounts 2008-71,4 k €↓
2007
Annual accounts 200720 k €↓
2006
Annual accounts 200647,9 k €
08/05/1991
IncorporationPublic 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

KORTENBERGH

Overview

What does KORTENBERGH do?

Trend over 20 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