ACTIVE

CORTIBEL

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Financial year 2025 · Closed on 31/12/2025

Net result33,4 k €-20,2 %over 1 year

Gross margin762,7 k €+19,3 %over 1 year

Equity5,6 M €+0,7 %over 1 year

Workforce2,1 ETP

Identity

Source · BCE/KBO

CORTIBEL is a Cooperative society incorporated in 2010. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Neupré. It employs on average 2,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0823.126.162
Incorporation: 12/02/2010
Legal form: Cooperative society
Registered office: Rue Bellaire(RR) 13
4120 Neupré · WallonieSee on map
Contributed capital: 3 683 025,00 €
Latest accounts: 31/12/2025
Average workforce: 2,1 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 68321Management of real estate on a fee or contract basis 68322Management of real estate on a fee or contract basis

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	762,7 k €	+19.3%	639,3 k €	+17.5%	544 k €	+12.9%	481,9 k €	+42.3%	338,6 k €
EBITDA	586,7 k €	+26.4%	464,2 k €	+10.5%	420,1 k €	+10.7%	379,6 k €	+53.5%	247,3 k €
Operating result	141,2 k €	+189%	48,9 k €	+68.3%	29,1 k €	-68.0%	90,9 k €	+1.0%	90 k €
Net result	33,4 k €	-20.2%	41,8 k €	+168%	-61,6 k €	-914%	7,6 k €	-85.4%	51,8 k €
Balance sheet
Equity	5,6 M €	+0.7%	5,6 M €	+1.4%	5,5 M €	+5.9%	5,2 M €	+84.2%	2,8 M €
Total assets	11,3 M €	+2.2%	11,1 M €	+1.2%	10,9 M €	+8.8%	10 M €	+57.1%	6,4 M €
Cash	285,5 k €	-16.4%	341,4 k €	-13.0%	392,6 k €	+369%	83,7 k €	-61.6%	217,8 k €
Debts	5,6 M €	+4.5%	5,4 M €	-0.3%	5,4 M €	+11.9%	4,8 M €	+35.7%	3,6 M €
Other
Workforce	2,1 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Edouard DAVID	Directorsince 05/05/2025
Hervé SAMYN	DirectorManaging director28/01/2010 → 2024 accountsended
Olivier MATZ	Directorsince 05/05/2025
Pierre DAVID	Directorsince 28/01/2010
Siaka KONATE	Directorsince 05/05/2025
Sophie LENAERTS	Directorsince 05/05/2025
W.ALTER0455.653.441Represented by David BASTIN	Directorsince 05/05/2025
Giuseppina Leonardi	Directorsince 03/05/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Joséphine LEONARDI	Directorlisted until the 2024 accounts
Amélie Pirlet	Director03/05/2021 → 2023 accounts
Giusseppina Léonardi	Directorlisted until the 2020 accounts
Jean-Pierre Londoz	Director03/05/2021 → 2023 accounts

Other companies at this address

Rue Bellaire(RR) 13 4120 Neupré

Company	CBE no.
CORTI'TREIZE● Active	0671.961.560
GROUPE CORTIL● Active	0808.594.077
LE CORTIL● Active	0426.603.327
MaplSoft● Active	1001.477.983
NEUPRE CONNECTING JOBS● Active	0894.421.954
NEUPRE NET SERVICES● Active	0864.242.482

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	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	12 months
Filing date	30/06/2026	29/04/2026	31/07/2024	04/09/2023	18/10/2022	09/05/2022
General meeting	04/05/2026	05/05/2025	05/06/2024	02/05/2023	02/05/2022	03/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	30/06/2026	French	PDF
Abridged modelCorrection	31/12/2024	05/05/2025	29/04/2026	French	PDF
Abridged model	31/12/2024	05/05/2025	30/07/2025	French	PDF
Micro model	31/12/2023	05/06/2024	31/07/2024	French	PDF
Micro model	31/12/2022	02/05/2023	04/09/2023	French	PDF
Micro model	31/12/2021	02/05/2022	18/10/2022	French	PDF
Abridged model	31/12/2020	03/05/2021	09/05/2022	French	PDF
Abridged model	31/12/2019	22/06/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	17/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	11/05/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	12/06/2017	07/07/2017	French	PDF
Abridged model	31/12/2015	22/06/2016	09/08/2016	French	PDF
Abridged model	31/12/2014	11/05/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	06/05/2013	12/08/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	12/09/2011	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Edouard DAVID	Directorsince 05/05/2025
Hervé SAMYN	DirectorManaging director28/01/2010 → 2024 accountsended
Olivier MATZ	Directorsince 05/05/2025
Pierre DAVID	Directorsince 28/01/2010
Siaka KONATE	Directorsince 05/05/2025
Sophie LENAERTS	Directorsince 05/05/2025
W.ALTER0455.653.441Represented by David BASTIN	Directorsince 05/05/2025
Giuseppina Leonardi	Directorsince 03/05/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Joséphine LEONARDI	Directorlisted until the 2024 accounts
Amélie Pirlet	Director03/05/2021 → 2023 accounts
Giusseppina Léonardi	Directorlisted until the 2020 accounts
Jean-Pierre Londoz	Director03/05/2021 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates22/07/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring11/01/2023
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring17/11/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring18/10/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Capital / shares05/09/2022
CAPITAL, ACTIONS
PDF
Capital / shares27/07/2022
CAPITAL, ACTIONS
PDF
Other11/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

W.ALTER

Giuseppina LEONARDI

Siaka KONATE

Pierre DAVID

Edouard DAVID

Hervé SAMYN

Olivier MATZ

Sophie LENAERTS

Joséphine LEONARDI

Valérie Paternisi

Giusseppina Léonardi

Jean-Pierre Londoz

Show the 4 other mandates

20102011201220132014201520162017201820192020202120222023202420252026

CORTIBEL

Rue Bellaire(RR) 13, 4120 Neupré

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Bellaire(RR) 13, 4120 NeupréCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00225940

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CORTIBELCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00225940

Events

2025
Annual accounts 202533,4 k €↓
2024
Annual accounts 202441,8 k €↑
2023
Annual accounts 2023-61,6 k €↓
2022
Annual accounts 20227,6 k €↓
2021
Annual accounts 202151,8 k €↑
2020
Annual accounts 20203,8 k €↑
2019
Annual accounts 2019-4,1 k €↓
2018
Annual accounts 20184,2 k €↓
2017
Annual accounts 20174,6 k €↑
2016
Annual accounts 2016-34 k €↑
2015
Annual accounts 2015-36,9 k €↑
2014
Annual accounts 2014-42,3 k €↓
2013
Annual accounts 2013-12,2 k €↓
2012
Annual accounts 2012-6,9 k €↑
2011
Annual accounts 2011-39,3 k €↓
2010
Annual accounts 2010-14,1 k €
12/02/2010
IncorporationCooperative society

CORTIBEL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events