ACTIVE

IMMO COURTOIS

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Financial year 2025 · closed on 30/09/2025

Net result

18 k €

+38.7% YoY

Gross margin

64,9 k €

+8.3% YoY

Equity

172,5 k €

+11.7% YoY

What does IMMO COURTOIS do?

IMMO COURTOIS is a Private company with limited liability incorporated in 2002. Its registered office is in Nivelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.595.732

Incorporation

27/05/2002

Legal form

Private company with limited liability

Registered office

Allée de la Tour-Renard 15
1400 Nivelles · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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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	64,9 k €	+8.3%	59,9 k €	+1.9%	58,8 k €	-0.2%	58,9 k €	+18.0%	49,9 k €	-20.6%	62,9 k €	+4.9%	59,9 k €	+1.3%	59,2 k €	+0.1%	59,1 k €	-1.3%	59,8 k €	+8.8%	55 k €	+270%	14,8 k €	+9803%	-153 €	-2.7%	-149 €	-3.5%	-144 €	-3.6%	-139 €	+23.2%	-181 €	-2163%	-8 €	+91.7%	-96 €	+43.5%	-170 €
EBITDA	55,8 k €	+30.6%	42,7 k €	-18.3%	52,3 k €	+0.1%	52,3 k €	+20.1%	43,5 k €	-24.5%	57,6 k €	+7.4%	53,6 k €	+0.1%	53,6 k €	+0.1%	53,6 k €	-9.9%	59,4 k €	+8.8%	54,7 k €	+277%	14,5 k €	+9576%	-153 €	+22.7%	-198 €	-37.5%	-144 €	+70.4%	-486 €	-169%	-181 €	+49.2%	-356 €	+19.8%	-444 €	+14.1%	-517 €
Operating result	40,4 k €	+47.8%	27,4 k €	-25.9%	36,9 k €	-1.6%	37,6 k €	+29.5%	29 k €	-32.7%	43,1 k €	+10.2%	39,1 k €	+0.1%	39,1 k €	+0.1%	39,1 k €	-13.1%	44,9 k €	+11.9%	40,2 k €	+4015400%	1 €	+100%	-331 €	+12.2%	-377 €	-17.1%	-322 €	+51.6%	-665 €	-85.2%	-359 €	+32.8%	-534 €	+14.1%	-622 €	+10.6%	-696 €
Net result	18 k €	+38.7%	13 k €	-17.2%	15,7 k €	-29.4%	22,2 k €	+55.7%	14,3 k €	-40.2%	23,9 k €	+123%	10,7 k €	-26.9%	14,6 k €	-11.3%	16,5 k €	+10.4%	14,9 k €	-10.8%	16,8 k €	+648%	-3,1 k €	-786%	-345 €	+8.5%	-377 €	-17.1%	-322 €	+51.6%	-665 €	-85.2%	-359 €	+35.8%	-559 €	+14.7%	-655 €	+10.2%	-729 €
Balance sheet
Equity	172,5 k €	+11.7%	154,5 k €	+9.2%	141,5 k €	+12.5%	125,8 k €	+21.5%	103,6 k €	+16.0%	89,3 k €	+36.5%	65,4 k €	+19.6%	54,7 k €	+36.5%	40,1 k €	+70.0%	23,6 k €	+174%	8,6 k €	+206%	-8,1 k €	-60.1%	-5,1 k €	-7.3%	-4,7 k €	-8.6%	-4,4 k €	-8.0%	-4 k €	-19.7%	-3,4 k €	-11.9%	-3 k €	-22.7%	-2,5 k €	-36.2%	-1,8 k €
Total assets	434,8 k €	-2.2%	444,5 k €	-1.5%	451,5 k €	-4.1%	470,9 k €	-2.3%	481,8 k €	-3.2%	497,8 k €	-3.7%	517,2 k €	-0.2%	518,1 k €	-2.2%	529,7 k €	-2.7%	544,2 k €	-2.8%	559,8 k €	-3.0%	577 k €	+23441%	2,5 k €	-3.6%	2,5 k €	-6.6%	2,7 k €	-6.1%	2,9 k €	-5.8%	3,1 k €	-17.2%	3,7 k €	-5.2%	3,9 k €	-5.1%	4,1 k €
Cash	18,9 k €	+42.2%	13,3 k €	+192%	4,6 k €	-46.7%	8,5 k €	-43.1%	15 k €	-9.2%	16,6 k €	+1.8%	16,3 k €	+502%	2,7 k €	+657%	357 €	-93.3%	5,3 k €	-17.7%	6,5 k €	-29.1%	9,1 k €	+10501%	86 €		–		–		–		–		463 €	-5.1%	488 €	-6.3%	521 €
Debts	262,3 k €	-9.6%	290,1 k €	-6.4%	310 k €	-10.2%	345,1 k €	-8.8%	378,2 k €	-7.4%	408,5 k €	-9.6%	451,8 k €	-0.9%	455,9 k €	-6.6%	488,2 k €	-6.2%	520,3 k €	-5.6%	550,9 k €	-5.9%	585,1 k €	+7659%	7,5 k €	+3.5%	7,3 k €	+2.8%	7,1 k €	+2.1%	6,9 k €	+7.5%	6,5 k €	-2.2%	6,6 k €	+5.6%	6,3 k €	+8.3%	5,8 k €

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 30/09/2025 · 1 active · 2 ended

Active mandates

PHILIPPE DENIS

Director

Active

Ended mandates

PHILIPPE DENIS

Mandate

Ended

PHILIPPE DENIS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AD CONSULT MANAGEMENT● Active	0744.733.831
C.D. PHARMA● Active	0461.479.280
SOCIETE ANONYME D'EXPLOITATION D'OFFICINES PHARMACEUTIQUES● Active	0407.221.836

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	19/03/2025	20/03/2024	03/03/2023	22/03/2022	28/04/2021
General meeting	16/03/2026	19/03/2025	20/03/2024	03/03/2023	17/03/2022	27/04/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	16/03/2026	27/04/2026	French	PDF
Micro model	30/09/2024	19/03/2025	19/03/2025	French	PDF
Micro model	30/09/2023	20/03/2024	20/03/2024	French	PDF
Micro model	30/09/2022	03/03/2023	03/03/2023	French	PDF
Abridged model	30/09/2021	17/03/2022	22/03/2022	French	PDF
Abridged model	30/09/2020	27/04/2021	28/04/2021	French	PDF
Abridged model	30/09/2019	25/03/2020	31/03/2020	French	PDF
Abridged model	30/09/2018	19/03/2019	21/03/2019	French	PDF
Abridged model	30/09/2017	21/03/2018	28/03/2018	French	PDF
Abridged model	30/09/2016	21/03/2017	22/03/2017	French	PDF
Abridged model	30/09/2015	10/03/2016	15/03/2016	French	PDF
Abridged model	30/09/2014	15/06/2015	19/06/2015	French	PDF
Abridged model	30/09/2013	21/02/2014	19/03/2014	French	PDF
Abridged model	30/09/2012	15/02/2013	21/02/2013	French	PDF
Abridged model	30/09/2011	17/02/2012	27/03/2012	French	PDF
Abridged model	30/09/2010	18/02/2011	13/04/2011	French	PDF
Abridged model	30/09/2009	26/02/2010	29/03/2010	French	PDF
Abridged model	30/09/2008	21/02/2009	22/07/2009	French	PDF
Abridged model	30/09/2007	15/02/2008	16/06/2008	French	PDF
Abridged model	30/09/2006	16/02/2007	30/04/2007	French	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 30/09/2025 · 1 active · 2 ended

Active mandates

PHILIPPE DENIS

Director

Active

Ended mandates

PHILIPPE DENIS

Mandate

Ended

PHILIPPE DENIS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office02/04/2004
SIEGE SOCIAL
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 202518 k €↑
2024
Annual accounts 202413 k €↓
2023
Annual accounts 202315,7 k €↓
2022
Annual accounts 202222,2 k €↑
2021
Annual accounts 202114,3 k €↓
2020
Annual accounts 202023,9 k €↑
2019
Annual accounts 201910,7 k €↓
2018
Annual accounts 201814,6 k €↓
2017
Annual accounts 201716,5 k €↑
2016
Annual accounts 201614,9 k €↓
2015
Annual accounts 201516,8 k €↑
2014
Annual accounts 2014-3,1 k €↓
2013
Annual accounts 2013-345 €↑
2012
Annual accounts 2012-377 €↓
2011
Annual accounts 2011-322 €↑
2010
Annual accounts 2010-665 €↓
2009
Annual accounts 2009-359 €↑
2008
Annual accounts 2008-559 €↑
2007
Annual accounts 2007-655 €↑
2006
Annual accounts 2006-729 €
27/05/2002
IncorporationPrivate company with limited liability

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

IMMO COURTOIS

Overview

What does IMMO COURTOIS 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