CORTEM
0736.839.912 · rovalta.com · 22/09/2026
NORMAL SITUATION
CORTEM
Financial year 2025 · closed on 16/12/2025
Net result
-14,2 k €
-53.2% YoY
Gross margin
-13,7 k €
-36.6% YoY
Equity
30,2 k €
-31.9% YoY
Company — Normal situation.
Overview
What does CORTEM do?
CORTEM is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0736.839.912
Legal form
Public limited company
Contributed capital
61 500,00 €
Latest accounts
16/12/2025
Signals
Solid equity
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Financials
Trend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Gross margin | -13,7 k € | -36.6% | -10,1 k € | -60.0% | -6,3 k € | -1862% | -320,5 € | – | – | ||
| EBITDA | -14 k € | -32.5% | -10,6 k € | -52.6% | -6,9 k € | -505% | -1,1 k € | -47.7% | -776 € | +59.7% | -1,9 k € |
| Operating result | -14 k € | -32.5% | -10,6 k € | -52.6% | -6,9 k € | -505% | -1,1 k € | -47.7% | -776 € | +59.7% | -1,9 k € |
| Net result | -14,2 k € | -53.2% | -9,2 k € | -66.8% | -5,5 k € | -2921% | -183,5 € | -26.5% | -145 € | +92.9% | -2 k € |
| Balance sheet | |||||||||||
| Equity | 30,2 k € | -31.9% | 44,4 k € | -17.2% | 53,6 k € | -9.4% | 59,1 k € | -0.3% | 59,3 k € | -0.2% | 59,5 k € |
| Total assets | 30,2 k € | -44.0% | 54 k € | -9.4% | 59,6 k € | +0.6% | 59,2 k € | -0.2% | 59,3 k € | -0.2% | 59,5 k € |
| Cash | 30,2 k € | +390% | 6,2 k € | +88.5% | 3,3 k € | -4.7% | 3,4 k € | -3.3% | 3,5 k € | -94.0% | 59,5 k € |
| Debts | 0 € | -100% | 9,6 k € | +61.0% | 6 k € | +8892% | 66,4 € | – | – | ||
Governance
Board of directors
Seen on filing of 16/12/2025 · 3 active · 8 ended
Active mandates
Dirk CORDEEL
ActiveErik De Bruyn
ActiveFilip CORDEEL
ActiveEnded mandates
Dirk Cordeel
EndedErik De Bruyn
EndedFilip Cordeel
EndedDirk Cordeel
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 28/10/2019 |
| Closing of the financial year | 16/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 15 months |
| Filing date | 16/01/2026 | 24/06/2025 | 16/07/2024 | 31/07/2023 | 07/07/2022 | 09/07/2021 |
| General meeting | 16/12/2025 | 15/06/2025 | 28/06/2024 | 30/06/2023 | 15/06/2022 | 15/06/2021 |
| 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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Annual accounts filings
6 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 16/12/2025 | 16/12/2025 | 16/01/2026 | Dutch | |
| Abridged model | 31/12/2024 | 15/06/2025 | 24/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 16/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 31/07/2023 | Dutch | |
| Full model | 31/12/2021 | 15/06/2022 | 07/07/2022 | Dutch | |
| Full model | 31/12/2020 | 15/06/2021 | 09/07/2021 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 16/12/2025 · 3 active · 8 ended
Active mandates
Dirk CORDEEL
ActiveErik De Bruyn
ActiveFilip CORDEEL
ActiveEnded mandates
Dirk Cordeel
EndedErik De Bruyn
EndedFilip Cordeel
EndedDirk Cordeel
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution09/04/2026RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-14,2 k €↓
- 2025Name changeCortem in vereffening
- 2024Annual accounts 2024-9,2 k €↓
- 2023Annual accounts 2023-5,5 k €↓
- 2022Annual accounts 2022-183,5 €↓
- 2021Annual accounts 2021-145 €↑
- 2021Name changeCortem
- 2020Annual accounts 2020-2 k €