ACTIVE

KORK PLUS

Financial year 2025 · closed on 31/12/2025
Net result
87,8 k €
+1164.7% YoY
Gross margin
219,3 k €
+130.4% YoY
Equity
106,3 k €
-34.1% YoY
Workforce
2,0 ETP
+53.8% YoY

What does KORK PLUS do?

KORK PLUS is a Private limited company incorporated in 2016. Its registered office is in Lier. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.872.275
Incorporation
30/03/2016
Legal form
Private limited company
Registered office
Lispersteenweg 179
2500 Lier · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin219,3 k €95,2 k €93,7 k €108,5 k €149,4 k €114,7 k €184,2 k €78,3 k €277,2 k €
EBITDA114,3 k €28,4 k €31,6 k €48,4 k €73,7 k €37,2 k €111,8 k €24,8 k €210,8 k €
Operating result97,3 k €11,6 k €10,8 k €32,9 k €59,2 k €21,5 k €94,4 k €14,6 k €204,6 k €
Net result87,8 k €6,9 k €7,2 k €24,4 k €55,6 k €17,3 k €84,1 k €12 k €191,4 k €
Balance sheet
Equity106,3 k €161,3 k €154,4 k €147,2 k €122,8 k €97,8 k €80,6 k €55,6 k €43,6 k €
Total assets246,3 k €258,5 k €261,3 k €238,9 k €235,3 k €384,9 k €303,3 k €307,8 k €295,1 k €
Cash159,6 k €102,3 k €146,1 k €87,2 k €104,5 k €207,3 k €165,8 k €161,1 k €231,5 k €
Debts139,9 k €97,1 k €106,9 k €91,7 k €112,5 k €287 k €222,7 k €252,2 k €251,5 k €
Other
Workforce2,0 ETP1,3 ETP1,3 ETP1,3 ETP1,7 ETP1,9 ETP2,0 ETP1,4 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

SiTi36

Director · since 29 juin 2021 · 0764.309.817

Represented by Thijs Siebens

Active
KORK

Director · since 25 mars 2016 · 0468.202.271

Represented by Jan Vernelen

Active

Ended mandates

KORK

Administrator - manager · since 25 mars 2016 · 0468.202.271

Represented by Jan Vernelen

Ended
KORK

Manager · since 25 mars 2016 · 0468.202.271

Represented by Jan Vernelen

Ended
SIDATI

Director · since 25 mars 2016 · 0827.765.039

Represented by Thijs Siebens

Ended
SIDATI

Manager · since 25 mars 2016 · 0827.765.039

Represented by Thijs Siebens

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/06/202609/07/202501/07/202419/07/202313/07/202221/06/2021
General meeting17/06/202618/06/202519/06/202421/06/202315/06/202216/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202624/06/2026DutchPDF
Abridged model31/12/202418/06/202509/07/2025DutchPDF
Abridged model31/12/202319/06/202401/07/2024DutchPDF
Abridged model31/12/202221/06/202319/07/2023DutchPDF
Abridged model31/12/202115/06/202213/07/2022DutchPDF
Abridged model31/12/202016/06/202121/06/2021DutchPDF
Abridged model31/12/201917/06/202025/06/2020DutchPDF
Abridged model31/12/201819/06/201909/07/2019DutchPDF
Abridged model31/12/201720/06/201826/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 ended

Active mandates

SiTi36

Director · since 29 juin 2021 · 0764.309.817

Represented by Thijs Siebens

Active
KORK

Director · since 25 mars 2016 · 0468.202.271

Represented by Jan Vernelen

Active

Ended mandates

KORK

Administrator - manager · since 25 mars 2016 · 0468.202.271

Represented by Jan Vernelen

Ended
KORK

Manager · since 25 mars 2016 · 0468.202.271

Represented by Jan Vernelen

Ended
SIDATI

Director · since 25 mars 2016 · 0827.765.039

Represented by Thijs Siebens

Ended
SIDATI

Manager · since 25 mars 2016 · 0827.765.039

Represented by Thijs Siebens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/04/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202587,8 k €
  2. 2024
    Annual accounts 20246,9 k €
  3. 2023
    Annual accounts 20237,2 k €
  4. 2022
    Annual accounts 202224,4 k €
  5. 2021
    Annual accounts 202155,6 k €
  6. 2020
    Annual accounts 202017,3 k €
  7. 2019
    Annual accounts 201984,1 k €
  8. 2018
    Annual accounts 201812 k €
  9. 2017
    Annual accounts 2017191,4 k €
  10. 30/03/2016
    IncorporationPrivate limited company