ACTIVE

KORFINA DEVELOPMENT CENTER

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Financial year 2025 · Closed on 31/12/2025

Net result883,9 k €+331,1 %over 1 year

Gross margin3,9 M €+36,7 %over 1 year

Equity4 M €+28,2 %over 1 year

Workforce8,0 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

KORFINA DEVELOPMENT CENTER is a Public limited company incorporated in 1999. Its main activity is: Computer programming activities. Its registered office is in Kortrijk. It employs on average 8,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0468.210.684
Incorporation: 10/12/1999
Legal form: Public limited company
Registered office: Nijverheidskaai(Kor) 3 box 21
8500 Kortrijk · FlandreSee on map
Contributed capital: 3 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 8,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 74851Other professional, scientific and technical activities 82100Office administrative and support activities 82190Photocopying, document preparation and other specialised office support activities 47400Retail sale of information and communication equipment in specialised stores+8

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,9 M €	+36.7%	2,8 M €	+27.3%	2,2 M €	+35.4%	1,7 M €	+7.5%	1,5 M €
EBITDA	3,1 M €	+51.7%	2 M €	+61.8%	1,2 M €	+107%	600,5 k €	-7.8%	651,4 k €
Operating result	1,1 M €	+128%	471,5 k €	+103%	232,2 k €	+27.3%	182,4 k €	+28.0%	142,5 k €
Net result	883,9 k €	+331%	205,1 k €	+344%	46,2 k €	-17.2%	55,7 k €	-57.1%	130 k €
Balance sheet
Equity	4 M €	+28.2%	3,1 M €	+7.0%	2,9 M €	+1.6%	2,9 M €	+2.0%	2,8 M €
Total assets	9,7 M €	-8.7%	10,6 M €	-17.9%	12,9 M €	+20.1%	10,7 M €	+9.8%	9,8 M €
Cash	207,7 k €	+15.1%	180,4 k €	+18.4%	152,4 k €	-42.0%	262,5 k €	+19.0%	220,5 k €
Debts	4,9 M €	-34.3%	7,4 M €	-25.3%	10 M €	+26.9%	7,8 M €	+13.0%	6,9 M €
Other
Workforce	8,0 ETP	+5.3%	7,6 ETP	-11.6%	8,6 ETP	-11.3%	9,7 ETP	+12.8%	8,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 15 ended

Active mandates

Patrick Boterbergh

Director · since 26 décembre 2023 · until 15 mai 2030

Active

Ended mandates

Jos Loeckx

Managing director · since 14 juin 2018 · until 01 avril 2021

Ended

Jos Loeckx

Managing director · since 14 juin 2018 · until 13 juin 2024

Ended

Korfinae

Director · since 14 juin 2018 · until 08 octobre 2020 · 0834.946.997

Represented by Jos Loeckx

Ended

Korfinae

Director · since 14 juin 2018 · until 13 juin 2024 · 0834.946.997

Represented by Jos Loeckx

Ended

Other companies at this address

Nijverheidskaai(Kor) 3 8500 Kortrijk

Company	CBE no.
Arabeske● Active	0468.210.288
ASSURAPP● Active	0568.538.279
B.M. JORI● Active	0719.714.561
B.M. RIJO● Active	0719.716.046
CHECKNET BELGIUM● Active	0627.908.813
Eleas by VABF/BAB Kortrijk● Active	1016.640.964
FIDUFAC CONSULTING● Active	0892.888.463
Korfina BTW eenheid● Active	0895.424.222
Korfinae● Active	0834.946.997
KORFINE● Active	0835.489.506
Vereniging van mede-eigenaars, Stad Kortrijk, Nijverheidskaai, 3 bus 0042 "Residentie De Kien"● Active	0831.793.608

Full financial information

Source · NBB

	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	16/07/2026	05/08/2025	01/07/2024	10/07/2023	19/07/2022	26/07/2021
General meeting	19/06/2026	27/06/2025	31/05/2024	12/06/2023	24/06/2022	27/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	16/07/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	27/06/2025	05/08/2025	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	19/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/06/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/10/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2017	14/06/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	05/05/2017	23/05/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	22/06/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	08/07/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	16/07/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	06/07/2012	Dutch	PDF
Full model	30/06/2010	29/10/2010	28/12/2010	Dutch	PDF
Full model	30/06/2009	11/01/2010	09/02/2010	Dutch	PDF
Full modelCorrection	30/06/2008	24/02/2009	21/04/2009	Dutch	PDF
Full model	30/06/2008	24/02/2009	02/03/2009	Dutch	PDF
Full model	30/06/2007	12/10/2007	07/01/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

1 active · 15 ended

Active mandates

Patrick Boterbergh

Director · since 26 décembre 2023 · until 15 mai 2030

Active

Ended mandates

Jos Loeckx

Managing director · since 14 juin 2018 · until 01 avril 2021

Ended

Jos Loeckx

Managing director · since 14 juin 2018 · until 13 juin 2024

Ended

Korfinae

Director · since 14 juin 2018 · until 08 octobre 2020 · 0834.946.997

Represented by Jos Loeckx

Ended

Korfinae

Director · since 14 juin 2018 · until 13 juin 2024 · 0834.946.997

Represented by Jos Loeckx

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other07/01/2019
BENAMING
PDF
Mandates09/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/05/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other26/08/2011
ALGEMENE VERGADERING - BOEKJAAR
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025883,9 k €↑
2024
Annual accounts 2024205,1 k €↑
2023
Annual accounts 202346,2 k €↓
2022
Annual accounts 202255,7 k €↓
2021
Annual accounts 2021130 k €↑
2020
Annual accounts 202070,4 k €↑
2019
Annual accounts 201926,4 k €↑
2018
Annual accounts 20187,6 k €↓
2017
Annual accounts 201761,6 k €↓
2016
Annual accounts 2016244,1 k €↑
2015
Annual accounts 201517,8 k €↓
2014
Annual accounts 201425,8 k €↓
2013
Annual accounts 201347,8 k €↑
2012
Annual accounts 201227,5 k €↓
2011
Annual accounts 20112,1 M €↑
2010
Annual accounts 2010-1,2 M €↓
2009
Annual accounts 2009-1,1 M €↓
2008
Annual accounts 2008-681,7 k €↑
2007
Annual accounts 2007-3,3 M €
10/12/1999
IncorporationPublic limited company

KORFINA DEVELOPMENT CENTER

Overview

Identity

Financials

Valuation

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

Timeline