ACTIVE

Korfinae

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Financial year 2025 · closed on 31/12/2025
Net result
94,9 k €
+72.2% YoY
Revenue
1,3 M €
Equity
10,4 M €
+0.9% YoY
Workforce
4,6 ETP

What does Korfinae do?

Korfinae is a Public limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk. It employs on average 4,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0834.946.997
Incorporation
29/03/2011
Legal form
Public limited company
Registered office
Nijverheidskaai(Kor) 3 box 21
8500 Kortrijk · FlandreSee on map
Contributed capital
101 000,00 €
Latest accounts
31/12/2025
Average workforce
4,6 ETP
Activities (NACE)
64210Activities of holding companies· main70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920132012
Income statement
Revenue1,3 M €––––––––
EBITDA690,1 k €738,6 k €577 k €543,9 k €4,1 M €386,2 k €-59,9 k €-2,9 k €-5,2 k €
Operating result667,6 k €716,6 k €557,5 k €525,3 k €4,1 M €367 k €-92,1 k €-2,9 k €-5,2 k €
Net result94,9 k €55,1 k €27,7 k €21,6 k €873,2 k €40,4 k €13,9 M €-2,9 k €2,4 M €
Balance sheet
Equity10,4 M €10,3 M €10,2 M €10,2 M €10,2 M €18,2 M €18,2 M €2,5 M €2,5 M €
Total assets31,3 M €29,6 M €29,8 M €28,6 M €29 M €40,3 M €40,3 M €3,5 M €3,4 M €
Cash282,6 k €254,4 k €261,1 k €138,1 k €584 k €578,6 k €608,2 k €16,4 k €17 k €
Debts20,7 M €19 M €19,3 M €18,2 M €18,6 M €21,9 M €21,8 M €958,6 k €850 k €
Other
Workforce4,6 ETP–––––0,7 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

BB & B

Director · since 10 avril 2021 · until 10 avril 2027 · 0455.499.924

Represented by Karine Broothaerts

Active
Patrick Boterbergh

Managing director · since 10 avril 2021 · until 10 avril 2027

Active

Ended mandates

Jozef Loeckx

Managing director · since 13 juillet 2017 · until 21 juin 2022

Ended
BB & B

Director · since 17 mars 2017 · until 21 juin 2022 · 0455.499.924

Represented by Karine Broothaert

Ended
BB & B

Director · since 17 mars 2017 · until 21 juin 2022 · 0455.499.924

Represented by Karine Broothaerts

Ended
Jozef Loeckx

Managing director · since 17 mars 2017 · until 10 avril 2021

Ended
At this address

Other companies at this address

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0468.210.288
ASSURAPP● Active
0568.538.279
B.M. JORI● Active
0719.714.561
B.M. RIJO● Active
0719.716.046
CHECKNET BELGIUM● Active
0627.908.813
Eleas by VABF/BAB Kortrijk● Active
1016.640.964
FIDUFAC CONSULTING● Active
0892.888.463
Korfina BTW eenheid● Active
0895.424.222
KORFINA DEVELOPMENT CENTER● Active
0468.210.684
KORFINE● Active
0835.489.506
Vereniging van mede-eigenaars, Stad Kortrijk, Nijverheidskaai, 3 bus 0042 "Residentie De Kien"● Active
0831.793.608
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull 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 date27/07/202618/07/202505/07/202419/07/202329/07/202215/07/2021
General meeting30/06/202624/06/202518/06/202420/06/202330/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202627/07/2026DutchPDF
Abridged model31/12/202424/06/202518/07/2025DutchPDF
Abridged model31/12/202318/06/202405/07/2024DutchPDF
Abridged model31/12/202220/06/202319/07/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202015/06/202115/07/2021DutchPDF
Abridged model31/12/201908/10/202009/10/2020DutchPDF
Abridged model31/12/201829/06/201926/07/2019DutchPDF
Abridged model31/12/201725/06/201824/07/2018DutchPDF
Abridged model31/12/201631/08/201731/08/2017DutchPDF
Abridged model31/12/201521/06/201620/07/2016DutchPDF
Abridged model31/12/201430/06/201531/07/2015DutchPDF
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201218/06/201316/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 19 ended

Active mandates

BB & B

Director · since 10 avril 2021 · until 10 avril 2027 · 0455.499.924

Represented by Karine Broothaerts

Active
Patrick Boterbergh

Managing director · since 10 avril 2021 · until 10 avril 2027

Active

Ended mandates

Jozef Loeckx

Managing director · since 13 juillet 2017 · until 21 juin 2022

Ended
BB & B

Director · since 17 mars 2017 · until 21 juin 2022 · 0455.499.924

Represented by Karine Broothaert

Ended
BB & B

Director · since 17 mars 2017 · until 21 juin 2022 · 0455.499.924

Represented by Karine Broothaerts

Ended
Jozef Loeckx

Managing director · since 17 mars 2017 · until 10 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/07/2019
    BENAMING - MAATSCHAPPELIJKE ZETEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates21/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/04/2011
    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 202594,9 k €↑
  2. 2024
    Annual accounts 202455,1 k €↑
  3. 2023
    Annual accounts 202327,7 k €↑
  4. 2022
    Annual accounts 202221,6 k €↓
  5. 2021
    Annual accounts 2021873,2 k €↑
  6. 2020
    Annual accounts 202040,4 k €↓
  7. 2019
    Annual accounts 201913,9 M €↑
  8. 2018
    Name changeKORFINAE
  9. 2013
    Annual accounts 2013-2,9 k €↓
  10. 2012
    Annual accounts 20122,4 M €
  11. 2012
    Name changeUMVOTI
  12. 29/03/2011
    IncorporationPublic limited company