ACTIVE

KORTIM

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Financial year 2025 · closed on 30/06/2025
Net result
-11,7 k €
+73.9% YoY
Gross margin
488,0 k €
+166.7% YoY
Equity
567,5 k €
-2.0% YoY

What does KORTIM do?

KORTIM is a Public limited company incorporated in 2000. Its main activity is: Joinery installation. Its registered office is in Ingelmunster.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0473.045.244
Incorporation
18/10/2000
Legal form
Public limited company
Registered office
Oostrozebekestraat 54
8770 Ingelmunster · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
43320Joinery installation· main43320Joinery installation45421Sale, maintenance and repair of motorcycles and related parts and accessories
Joint committees (3)
  • 124
  • 126
  • 200
Signals
Positive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin488,0 k €183,0 k €105,9 k €106,2 k €83,8 k €67,0 k €107,7 k €91,2 k €84,3 k €138,7 k €243,1 k €216,0 k €99,7 k €116,2 k €193,8 k €194,2 k €181,2 k €
EBITDA42,0 k €15,4 k €11,0 k €14,9 k €13,8 k €5,6 k €22,9 k €19,3 k €22,9 k €34,1 k €52,6 k €32,1 k €11,7 k €20,7 k €25,7 k €25,4 k €32,1 k €
Operating result42,0 k €15,4 k €10,3 k €9,3 k €8,1 k €2,8 k €17,2 k €13,6 k €17,2 k €28,5 k €47,0 k €26,4 k €2,4 k €2,3 k €7,2 k €6,9 k €13,6 k €
Net result-11,7 k €-44,8 k €122,0 €712,0 €-524,0 €1,1 k €438,2 k €13,6 k €20,0 k €32,1 k €47,0 k €24,1 k €2,2 k €2,1 k €6,4 k €6,1 k €12,2 k €
Balance sheet
Equity567,5 k €579,2 k €624,4 k €624,3 k €623,6 k €624,1 k €623,0 k €184,8 k €171,2 k €226,3 k €194,1 k €147,2 k €123,1 k €120,9 k €118,7 k €112,4 k €106,2 k €
Total assets2,1 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €315,8 k €173,1 k €238,0 k €210,2 k €168,1 k €145,8 k €131,1 k €237,0 k €206,2 k €205,5 k €
Cash15,6 k €14,9 k €31,3 k €10,9 k €10,2 k €6,0 k €5,3 k €2,8 k €2,0 k €8,1 k €8,7 k €1,9 k €3,1 k €2,2 k €28,3 k €4,2 k €9,3 k €
Debts1,5 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €131,0 k €1,9 k €7,2 k €11,6 k €20,6 k €22,8 k €10,3 k €118,3 k €93,8 k €87,4 k €
Other
Workforce–––2,0 ETP1,0 ETP2,0 ETP2,0 ETP2,0 ETP3,0 ETP2,0 ETP5,0 ETP4,0 ETP2,0 ETP2,0 ETP3,0 ETP4,0 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 9 ended

Active mandates

Pieter De Poorter

Mandate

Active

Ended mandates

Barbara De Poorter

Mandate

Ended
BARBARA DE POORTER

Director

Ended
BARBARA DE POORTER

Managing director

Ended
Gudrun De Poorter

Mandate

Ended
At this address

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MONUMENT STABILITY CONTRACTOR● Active
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MONUMENT - VANDEKERCKHOVE● Active
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Tilia Family● Active
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TM BOERENTOREN● Active
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Annual accounts

Full financial information

202520242022202120202019
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202101/07/202001/07/201901/07/2018
Closing of the financial year30/06/202530/06/202430/06/202230/06/202130/06/202030/06/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/02/202603/02/202530/01/202331/01/202229/01/202127/02/2020
General meeting28/01/202628/01/202530/12/202230/12/202130/12/202030/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202528/01/202627/02/2026DutchPDF
Micro model30/06/202428/01/202503/02/2025DutchPDF
Micro model30/06/202230/12/202230/01/2023DutchPDF
Abridged model30/06/202130/12/202131/01/2022DutchPDF
Abridged model30/06/202030/12/202029/01/2021DutchPDF
Abridged model30/06/201930/12/201927/02/2020DutchPDF
Abridged model30/06/201815/12/201813/02/2019DutchPDF
Abridged model30/06/201710/11/201715/01/2018DutchPDF
Abridged model30/06/201630/01/201731/01/2017DutchPDF
Abridged model30/06/201511/01/201614/01/2016DutchPDF
Abridged model30/06/201413/01/201515/01/2015DutchPDF
Abridged model30/06/201311/02/201412/02/2014DutchPDF
Abridged model30/06/201231/01/201322/02/2013DutchPDF
Abridged model30/06/201131/01/201202/03/2012DutchPDF
Abridged model30/06/201008/03/201125/03/2011DutchPDF
Abridged model30/06/200931/12/200925/01/2010DutchPDF
Abridged model30/06/200831/12/200826/02/2009DutchPDF
Abridged model30/06/200731/12/200729/02/2008DutchPDF
Abridged model30/06/200631/12/200629/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active · 9 ended

Active mandates

Pieter De Poorter

Mandate

Active

Ended mandates

Barbara De Poorter

Mandate

Ended
BARBARA DE POORTER

Director

Ended
BARBARA DE POORTER

Managing director

Ended
Gudrun De Poorter

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/04/2016
    MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Mandates16/09/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/08/2010
    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

Timeline

  1. 2025
    Annual accounts 2025-11,7 k €↑
  2. 2024
    Annual accounts 2024-44,8 k €↓
  3. 2022
    Annual accounts 2022122,0 €↓
  4. 2021
    Annual accounts 2021712,0 €↑
  5. 2020
    Annual accounts 2020-524,0 €↓
  6. 2019
    Annual accounts 20191,1 k €↓
  7. 2018
    Annual accounts 2018438,2 k €↑
  8. 2017
    Annual accounts 201713,6 k €↓
  9. 2016
    Annual accounts 201620,0 k €↓
  10. 2015
    Annual accounts 201532,1 k €↓
  11. 2014
    Annual accounts 201447,0 k €↑
  12. 2013
    Annual accounts 201324,1 k €↑
  13. 2012
    Annual accounts 20122,2 k €↑
  14. 2011
    Annual accounts 20112,1 k €↓
  15. 2010
    Annual accounts 20106,4 k €↑
  16. 2009
    Annual accounts 20096,1 k €↓
  17. 2008
    Annual accounts 200812,2 k €
  18. 18/10/2000
    IncorporationPublic limited company