ACTIVE

Koinon

Financial year 2025 · closed on 31/12/2025
Net result
39,6 M €
+8719.2% YoY
Revenue
1 M €
+4.2% YoY
Equity
257 M €
+18.2% YoY
Workforce
1,9 ETP
+11.8% YoY

What does Koinon do?

Koinon is a Public limited company incorporated in 2012. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Moorslede. It employs on average 1,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0508.995.226
Incorporation
19/12/2012
Legal form
Public limited company
Registered office
Kasteeldreef 1
8890 Moorslede · FlandreSee on map
Contributed capital
243 207 634,82 €
Latest accounts
31/12/2025
Average workforce
1,9 ETP
Joint committees (1)
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152012
Income statement
Revenue1 M €979,6 k €849,6 k €824,2 k €793,1 k €778,6 k €784 k €769,5 k €756,2 k €1,1 M €731,5 k €
EBITDA-597,6 k €-245,3 k €-423,5 k €-300,8 k €-500,3 k €-198,3 k €-292,7 k €-197,6 k €-116,4 k €-339,2 k €156,1 k €-54,7 k €
Operating result-849,6 k €-484,3 k €-652,4 k €-524,2 k €-726,4 k €-392,1 k €-468,4 k €-335,1 k €-266 k €-545,5 k €-19,1 k €-54,7 k €
Net result39,6 M €448,9 k €3,1 M €8,9 M €13,4 M €81,1 k €8,5 M €-15,8 M €6,1 M €3,2 M €69,7 M €-11,7 M €
Balance sheet
Equity257 M €217,4 M €216,9 M €213,9 M €215 M €201,6 M €201,6 M €193,1 M €213,9 M €207,8 M €204,6 M €201,6 M €
Total assets257,3 M €217,7 M €217,1 M €224 M €215,2 M €202,1 M €201,9 M €193,4 M €214 M €208 M €205,1 M €201,8 M €
Cash17,5 M €8,8 M €8,7 M €13 M €10,7 M €7,5 M €17,3 M €12 M €15,8 M €4,3 M €4,2 M €11,5 k €
Debts296,8 k €303,2 k €178,1 k €10,1 M €172,5 k €452,2 k €338,8 k €351,8 k €154,2 k €181,9 k €405,7 k €223,5 k €
Other
Workforce1,9 ETP1,7 ETP1,5 ETP1,7 ETP1,7 ETP1,8 ETP2,0 ETP1,6 ETP1,0 ETP1,0 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Hendrik De Nolf

Director · since 14 décembre 2022 · until 20 juin 2028

Active
Lieve Claeys

Director · since 14 décembre 2022 · until 20 juin 2028

Active

Ended mandates

Hendrik De Nolf

Director · since 20 juin 2014

Ended
Hendrik De Nolf

Manager · since 20 juin 2014

Ended
Lieve Claeys

Director · since 20 juin 2014

Ended
Lieve Claeys

Manager · since 20 juin 2014

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202624/06/202517/07/202415/07/202313/07/202230/07/2021
General meeting16/06/202617/06/202527/06/202411/07/202330/06/202230/06/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202626/06/2026DutchPDF
Full model31/12/202417/06/202524/06/2025DutchPDF
m120-f-p31/12/202431/07/202507/08/2025DutchPDF
Full model31/12/202327/06/202417/07/2024DutchPDF
m120-f-p31/12/202317/12/202424/12/2024DutchPDF
Full model31/12/202211/07/202315/07/2023DutchPDF
m120-f-p31/12/202208/04/202418/04/2024DutchPDF
Full model31/12/202130/06/202213/07/2022DutchPDF
Full model31/12/202030/06/202130/07/2021DutchPDF
m120-f-p31/12/202030/06/202130/07/2021DutchPDF
Full model31/12/201904/09/202005/09/2020DutchPDF
m120-f-p31/12/201904/09/202018/09/2020DutchPDF
Full model31/12/201818/06/201915/07/2019DutchPDF
m120-f-p31/12/201828/06/201915/07/2019DutchPDF
Full model31/12/201730/08/201831/08/2018DutchPDF
m120-f-p31/12/201712/10/201826/11/2018DutchPDF
Full model31/12/201630/08/201731/08/2017DutchPDF
m120-f-p31/12/201612/10/201831/10/2018DutchPDF
Full model31/12/201529/08/201630/08/2016DutchPDF
Full model31/12/201414/08/201527/08/2015DutchPDF
Full model31/12/201317/06/201402/07/2014DutchPDF
Full model31/12/201228/05/201326/06/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Hendrik De Nolf

Director · since 14 décembre 2022 · until 20 juin 2028

Active
Lieve Claeys

Director · since 14 décembre 2022 · until 20 juin 2028

Active

Ended mandates

Hendrik De Nolf

Director · since 20 juin 2014

Ended
Hendrik De Nolf

Manager · since 20 juin 2014

Ended
Lieve Claeys

Director · since 20 juin 2014

Ended
Lieve Claeys

Manager · since 20 juin 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2022
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/06/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/05/2016
    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 202539,6 M €
  2. 2024
    Annual accounts 2024448,9 k €
  3. 27/06/2024
    nominationLieve Cornelis — commissaris
  4. 2023
    Annual accounts 20233,1 M €
  5. 2022
    Annual accounts 20228,9 M €
  6. 2021
    Annual accounts 202113,4 M €
  7. 2020
    Annual accounts 202081,1 k €
  8. 2019
    Annual accounts 20198,5 M €
  9. 2018
    Annual accounts 2018-15,8 M €
  10. 2017
    Annual accounts 20176,1 M €
  11. 2016
    Annual accounts 20163,2 M €
  12. 2015
    Annual accounts 201569,7 M €
  13. 2015
    Name changeKOINON
  14. 2012
    Annual accounts 2012-11,7 M €
  15. 19/12/2012
    IncorporationPublic limited company
  16. 2012
    Name changeALDERAMIN