ACTIVE

Cortes-Ko

Financial year 2025 · closed on 31/12/2025
Net result
15 M €
+3045.0% YoY
Revenue
1,9 M €
+29.6% YoY
Equity
155 M €
+10.7% YoY

What does Cortes-Ko do?

Cortes-Ko is a Public limited company incorporated in 2021. Its main activity is: Activities of holding companies. Its registered office is in Zonhoven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0769.480.412
Incorporation
09/06/2021
Legal form
Public limited company
Registered office
Beringersteenweg 98
3520 Zonhoven · FlandreSee on map
Contributed capital
150 040 750,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Revenue1,9 M €1,5 M €1,5 M €2,1 M €
EBITDA1,9 M €1,4 M €1,2 M €1,2 M €
Operating result1,7 M €1,4 M €1,2 M €1,2 M €
Net result15 M €-508,9 k €-4,1 M €-5,4 M €
Balance sheet
Equity155 M €140,1 M €140,6 M €144,7 M €
Total assets277,3 M €261,1 M €257 M €256,7 M €
Cash204,7 k €211,4 k €404,1 k €299,7 k €
Debts107,8 M €110,1 M €105,9 M €105,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 1 ended

Active mandates

MOKON

Director · since 02 juin 2023 · until 25 juin 2027 · 0772.453.164

Represented by Jef Moors

Active
Innercom

Chairman of the board of directors · since 30 janvier 2023 · until 29 juin 2029 · 0810.498.148

Represented by Patrick Van Remoortel

Active
BI-HELIOS

Director · since 23 juillet 2021 · until 25 juin 2027 · 0892.166.408

Represented by Dirk Maris

Active
JORU

Director · since 23 juillet 2021 · until 25 juin 2027 · 0465.739.956

Represented by Jos Rutten

Active
LUNUS

Director · since 23 juillet 2021 · until 25 juin 2027 · 0892.628.444

Represented by Luc Nulens

Active
BNP Paribas Fortis Private Equity Management

Director · since 09 juin 2021 · until 25 juin 2027 · 0438.091.788

Represented by Sven Vermeulen

Active

Ended mandates

Moban

Director · since 23 juillet 2021 · until 25 juin 2027 · 0892.024.470

Represented by Jef Moors

Ended
At this address

Other companies at this address

CompanyCBE no.
KONINGSActive
0434.680.160
1040.903.337
New-KidsActive
0555.677.861
VINARActive
0772.673.393
Annual accounts

Full financial information

2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202309/06/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months19 months
Filing date22/07/202622/07/202519/07/202417/07/2023
General meeting17/07/202627/06/202528/06/202430/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/07/202622/07/2026DutchPDF
Full model31/12/202427/06/202522/07/2025DutchPDF
Consolidated accounts31/12/202427/06/202522/07/2025DutchPDF
Full model31/12/202328/06/202419/07/2024DutchPDF
Consolidated accounts31/12/202328/06/202419/07/2024DutchPDF
Full model31/12/202230/06/202317/07/2023DutchPDF
Consolidated accounts31/12/202230/06/202317/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 6 active · 1 ended

Active mandates

MOKON

Director · since 02 juin 2023 · until 25 juin 2027 · 0772.453.164

Represented by Jef Moors

Active
Innercom

Chairman of the board of directors · since 30 janvier 2023 · until 29 juin 2029 · 0810.498.148

Represented by Patrick Van Remoortel

Active
BI-HELIOS

Director · since 23 juillet 2021 · until 25 juin 2027 · 0892.166.408

Represented by Dirk Maris

Active
JORU

Director · since 23 juillet 2021 · until 25 juin 2027 · 0465.739.956

Represented by Jos Rutten

Active
LUNUS

Director · since 23 juillet 2021 · until 25 juin 2027 · 0892.628.444

Represented by Luc Nulens

Active
BNP Paribas Fortis Private Equity Management

Director · since 09 juin 2021 · until 25 juin 2027 · 0438.091.788

Represented by Sven Vermeulen

Active

Ended mandates

Moban

Director · since 23 juillet 2021 · until 25 juin 2027 · 0892.024.470

Represented by Jef Moors

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring11/08/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates30/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring14/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates25/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2022
    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 202515 M €
  2. 07/10/2025
    nominationEY Bedrijfsrevisoren BV — commissaris
  3. 2024
    Annual accounts 2024-508,9 k €
  4. 2023
    Annual accounts 2023-4,1 M €
  5. 02/06/2023
    nominationBV MOKON — A-bestuurder
  6. 30/01/2023
    nominationINNERCOM — onafhankelijke bestuurder en voorzitter van de raad van bestuur
  7. 2022
    Annual accounts 2022-5,4 M €
  8. 09/06/2021
    IncorporationPublic limited company