ACTIVE

KOIBA

Financial year 2024 · Closed on 31/12/2024

Net result4,9 M €+402,3 %over 1 year
Revenue581,4 k €-27,3 %over 1 year
Equity117,8 M €+3,6 %over 1 year
Workforce1,1 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

KOIBA is a Public limited company incorporated in 1999. Its registered office is in Gent. It employs on average 1,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.495.377
Incorporation
23/02/1999
Legal form
Public limited company
Registered office
Gentbruggekouter 7
9050 Gent · FlandreSee on map
Contributed capital
32 950 595,39 €
Latest accounts
31/12/2024
Average workforce
1,1 ETP
Joint committees (5)
  • 100
  • 1000
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 29 filings

Trend over 10 financial years

20242023202220212014
Income statement
Revenue581,4 k €800,3 k €601,5 k €237,7 k €–
EBITDA-698,2 k €-372,4 k €-710,4 k €-92,5 k €-18,9 k €
Operating result-630,1 k €-856,6 k €-1 M €-459,8 k €-354,6 k €
Net result4,9 M €-1,6 M €14 M €40,9 M €2,9 M €
Balance sheet
Equity117,8 M €113,7 M €116 M €102 M €46,7 M €
Total assets157 M €153,7 M €158,2 M €155,2 M €57,3 M €
Cash1,2 M €2,1 M €2,8 M €5,7 M €85,5 k €
Debts39,1 M €39,8 M €41,7 M €52,9 M €10,5 M €
Other
Workforce1,1 ETP1,1 ETP1,0 ETP1,0 ETP0,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 22 ended

Active mandates

Ann Steenbrugghe

Managing director · since 15 décembre 2023 · until 27 juin 2029

Active
Mark Vandecruys

Managing director · since 15 décembre 2023 · until 27 juin 2029

Active

Ended mandates

Ann Steenbrugghe

Gedelegeerd bestuurder · since 30 juin 2020 · until 30 mai 2026

Ended
Ann Steenbrugghe

Managing director · since 30 juin 2020 · until 30 mai 2026

Ended
Mark Vandecruys

Gedelegeerd bestuurder · since 30 juin 2020 · until 30 mai 2026

Ended
Mark Vandecruys

Managing director · since 30 juin 2020 · until 30 mai 2026

Ended

Other companies at this address

Gentbruggekouter 7 9050 Gent
CompanyCBE no.
Koiba pillar 2● Active
1011.664.567
OHM● Active
0787.177.269

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date15/07/202502/07/202409/08/202326/07/202227/07/202108/10/2020
General meeting25/06/202526/06/202405/07/202327/06/202230/06/202130/09/2020
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, 29 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202425/06/202515/07/2025DutchPDF
Consolidated accounts31/12/202425/06/202507/07/2025DutchPDF
Full model31/12/202326/06/202402/07/2024DutchPDF
Consolidated accounts31/12/202326/06/202411/07/2024DutchPDF
Full model31/12/202205/07/202309/08/2023DutchPDF
Consolidated accounts31/12/202205/07/202309/08/2023DutchPDF
Full model31/12/202127/06/202226/07/2022DutchPDF
Consolidated accounts31/12/202127/06/202228/07/2022DutchPDF
Full model31/12/202030/06/202127/07/2021DutchPDF
Consolidated accounts31/12/202016/07/202127/07/2021DutchPDF
Full model31/12/201930/06/202031/08/2020DutchPDF
Consolidated accounts31/12/201930/09/202008/10/2020DutchPDF
Full model31/12/201828/06/201930/08/2019DutchPDF
Consolidated accounts31/12/201801/01/999930/09/2019DutchPDF
Full model31/12/201730/06/201812/07/2018DutchPDF
Consolidated accounts31/12/201703/08/201813/08/2018DutchPDF
Full model31/12/201612/05/201712/06/2017DutchPDF
Consolidated accounts31/12/201612/05/201712/06/2017DutchPDF
Full model31/12/201530/06/201627/07/2016DutchPDF
Consolidated accounts31/12/201530/06/201627/07/2016DutchPDF
Abridged model31/12/201415/10/201528/10/2015DutchPDF
Abridged model31/12/201330/06/201419/08/2014DutchPDF
Abridged model31/12/201221/06/201329/07/2013DutchPDF
Full model31/12/201105/06/201225/06/2012DutchPDF
Full model31/12/201020/06/201111/07/2011DutchPDF
Full model31/12/200930/06/201016/07/2010DutchPDF
Abridged model31/12/200830/05/200901/07/2009DutchPDF
Abridged model31/12/200731/05/200824/06/2008DutchPDF
Abridged model31/12/200626/05/200706/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 22 ended

Active mandates

Ann Steenbrugghe

Managing director · since 15 décembre 2023 · until 27 juin 2029

Active
Mark Vandecruys

Managing director · since 15 décembre 2023 · until 27 juin 2029

Active

Ended mandates

Ann Steenbrugghe

Gedelegeerd bestuurder · since 30 juin 2020 · until 30 mai 2026

Ended
Ann Steenbrugghe

Managing director · since 30 juin 2020 · until 30 mai 2026

Ended
Mark Vandecruys

Gedelegeerd bestuurder · since 30 juin 2020 · until 30 mai 2026

Ended
Mark Vandecruys

Managing director · since 30 juin 2020 · until 30 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares26/06/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2015
    ONTSLAGEN - BENOEMINGEN
    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 20244,9 M €↑
  2. 13/11/2024
    nominationKPMG Bedrijfsrevisoren BV — commissaris
  3. 2023
    Annual accounts 2023-1,6 M €↓
  4. 2022
    Annual accounts 202214 M €↓
  5. 2021
    Annual accounts 202140,9 M €↑
  6. 2014
    Annual accounts 20142,9 M €↑
  7. 2013
    Annual accounts 20132,6 M €↑
  8. 2013
    Name changeKoiba
  9. 2011
    Annual accounts 2011220,9 k €↑
  10. 2010
    Annual accounts 2010-87,3 k €↓
  11. 2008
    Annual accounts 2008628,9 k €↑
  12. 2007
    Annual accounts 200755,9 k €
  13. 2007
    Name changeMark Vandecruys
  14. 23/02/1999
    IncorporationPublic limited company