ACTIVE

AD KOERSEL

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
-188,1 k €
-266.5% YoY
Gross margin
950,1 k €
-8.2% YoY
Equity
632,2 k €
-22.9% YoY
Workforce
12,7 ETP
-5.9% YoY

What does AD KOERSEL do?

AD KOERSEL is a Private company with limited liability incorporated in 2017. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Beringen. It employs on average 12,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0680.761.143
Incorporation
06/09/2017
Legal form
Private company with limited liability
Registered office
Pieter Vanhoudtstraat 49
3582 Beringen · FlandreSee on map
Contributed capital
650 000,00 €
Latest accounts
31/12/2025
Average workforce
12,7 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47114Retail sale in non-specialised stores with food, beverages or tobacco predominating
Joint committees (2)
  • 119
  • 202
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin950,1 k €1 M €888,8 k €625,2 k €945,5 k €983,5 k €941,5 k €1,1 M €
EBITDA402,7 k €542,5 k €429,9 k €176,2 k €327,8 k €421,9 k €393 k €435,8 k €
Operating result-52,3 k €99,8 k €-13,6 k €-252,6 k €119,4 k €193,4 k €164,8 k €140,2 k €
Net result-188,1 k €112,9 k €-35,6 k €-237,2 k €105,9 k €136,9 k €95,8 k €61,5 k €
Balance sheet
Equity632,2 k €820,3 k €707,3 k €743 k €980,2 k €904,3 k €787,3 k €711,5 k €
Total assets4,1 M €4,5 M €4,7 M €5,1 M €5,9 M €3,9 M €4 M €4 M €
Cash791,6 k €663,4 k €369,9 k €325,4 k €898,9 k €997,2 k €882,8 k €665,5 k €
Debts3,5 M €3,7 M €4 M €4,3 M €4,9 M €2,8 M €3,2 M €3,3 M €
Other
Workforce12,7 ETP13,5 ETP12,0 ETP12,1 ETP15,7 ETP17,3 ETP17,1 ETP18,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

Tim Linsen

Director · since 01 janvier 2021

Active
ALFA

Director · since 06 septembre 2017 · 0421.819.247

Represented by David Vandecaetsbeek

Active
Chantal Vandecaetsbeek

Manager · since 06 septembre 2017

Active

Ended mandates

ALFA

Director · 0421.819.247

Represented by David Vandecaetsbeek

Ended
ALFA

Manager · 0421.819.247

Represented by David Vandecaetsbeek

Ended
Chantal Vandecaetsbeek

Director

Ended
Chantal Vandecaetsbeek

Manager

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 date25/08/202629/08/202522/08/202429/08/202325/08/202212/08/2021
General meeting29/04/202617/06/202518/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/04/202625/08/2026DutchPDF
Abridged model31/12/202417/06/202529/08/2025DutchPDF
Abridged model31/12/202318/06/202422/08/2024DutchPDF
Abridged model31/12/202220/06/202329/08/2023DutchPDF
Abridged model31/12/202121/06/202225/08/2022DutchPDF
Abridged model31/12/202015/06/202112/08/2021DutchPDF
Abridged model31/12/201916/06/202019/08/2020DutchPDF
Abridged model31/12/201818/06/201920/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 3 active · 4 ended

Active mandates

Tim Linsen

Director · since 01 janvier 2021

Active
ALFA

Director · since 06 septembre 2017 · 0421.819.247

Represented by David Vandecaetsbeek

Active
Chantal Vandecaetsbeek

Manager · since 06 septembre 2017

Active

Ended mandates

ALFA

Director · 0421.819.247

Represented by David Vandecaetsbeek

Ended
ALFA

Manager · 0421.819.247

Represented by David Vandecaetsbeek

Ended
Chantal Vandecaetsbeek

Director

Ended
Chantal Vandecaetsbeek

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates12/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/09/2017
    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 2025-188,1 k €↓
  2. 2024
    Annual accounts 2024112,9 k €↑
  3. 2023
    Annual accounts 2023-35,6 k €↑
  4. 2022
    Annual accounts 2022-237,2 k €↓
  5. 2021
    Annual accounts 2021105,9 k €↓
  6. 2020
    Annual accounts 2020136,9 k €↑
  7. 2019
    Annual accounts 201995,8 k €↑
  8. 2018
    Annual accounts 201861,5 k €
  9. 06/09/2017
    IncorporationPrivate company with limited liability