NORMAL SITUATION

KORTRIJK MOTORS

Company — Normal situation.

Financial year 2022 · Closed on 31/12/2022

Net result211,7 k €+66,5 %over 1 year
Revenue10,6 M €-18,3 %over 1 year
Equity1,2 M €-8,1 %over 1 year
Workforce8,1 ETP-25,7 %over 1 year

Identity

Source · BCE/KBO

KORTRIJK MOTORS is a company registered in Belgium. It employs on average 8,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.904.444
Legal form
Private limited company
Contributed capital
649 161,56 €
Latest accounts
31/12/2022
Average workforce
8,1 ETP
Joint committees (2)
  • 112
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 6 financial years

20222021202020192018
Income statement
Revenue10,6 M €13 M €–––
EBITDA488,6 k €439,4 k €700,2 k €859,9 k €739,5 k €
Operating result435 k €201,5 k €388,5 k €539,5 k €387,1 k €
Net result211,7 k €127,2 k €287,6 k €381,3 k €439,3 k €
Balance sheet
Equity1,2 M €1,3 M €1,2 M €891,1 k €509,8 k €
Total assets2,8 M €7,1 M €7 M €7,5 M €7,6 M €
Cash62,1 k €756,4 k €268,9 k €352,5 k €744,7 k €
Debts1,6 M €5,8 M €5,8 M €6,6 M €7,1 M €
Other
Workforce8,1 ETP10,9 ETP9,8 ETP9,3 ETP6,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 3 ended

Active mandates

Christophe Vandecasteele

Mandate

Active

Ended mandates

Christophe Vandecasteele

Director · since 13 mai 2022

Ended
Mathieu Van Den Broeke

Director

Ended
Mathieu Van Den Broeke

Manager

Ended

Full financial information

Source · NBB
202220212020201920182017
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201824/03/2016
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months22 months
Filing date21/08/202322/07/202228/06/202124/06/202017/06/201929/08/2018
General meeting06/06/202307/06/202207/06/202102/06/202003/06/201921/08/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202206/06/202321/08/2023DutchPDF
Full model31/12/202107/06/202222/07/2022DutchPDF
Abridged model31/12/202007/06/202128/06/2021DutchPDF
Abridged model31/12/201902/06/202024/06/2020DutchPDF
Abridged model31/12/201803/06/201917/06/2019DutchPDF
Micro modelCorrection31/12/201721/08/201829/08/2018DutchPDF
Micro model31/12/201704/06/201829/06/2018DutchPDF

Indicative valuation

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 31/12/2022

1 active · 3 ended

Active mandates

Christophe Vandecasteele

Mandate

Active

Ended mandates

Christophe Vandecasteele

Director · since 13 mai 2022

Ended
Mathieu Van Den Broeke

Director

Ended
Mathieu Van Den Broeke

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution07/02/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/01/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Dissolution16/01/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Restructuring24/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring04/08/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring04/08/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF

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

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Timeline

  1. 2022
    Annual accounts 2022211,7 k €↑
  2. 2021
    Annual accounts 2021127,2 k €↓
  3. 2020
    Annual accounts 2020287,6 k €↓
  4. 2019
    Annual accounts 2019381,3 k €↓
  5. 2018
    Annual accounts 2018439,3 k €↑
  6. 2017
    Annual accounts 201759,7 k €