ACTIVE

KORFINE

Financial year 2025 · Closed on 31/12/2025

Net result
861,9 k €
+129,6 %over 1 year
Revenue
9,7 M €
Equity
2 M €
+21,8 %over 1 year
Workforce
22,9 ETP
-13,3 %over 1 year

Identity

Source · BCE/KBO

KORFINE is a Public limited company incorporated in 2011. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Kortrijk. It employs on average 22,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0835.489.506
Incorporation
08/04/2011
Legal form
Public limited company
Registered office
Nijverheidskaai(Kor) 3 box 21
8500 Kortrijk · FlandreSee on map
Contributed capital
162 500,00 €
Latest accounts
31/12/2025
Average workforce
22,9 ETP
Joint committees (1)
  • 307
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue9,7 M €––––
EBITDA2,7 M €2,7 M €1 M €472,1 k €928,1 k €
Operating result872,7 k €283,2 k €11,1 k €38,5 k €326,4 k €
Net result861,9 k €375,5 k €168,4 k €100,9 k €233,7 k €
Balance sheet
Equity2 M €1,7 M €1,3 M €1,1 M €1 M €
Total assets38,6 M €38,7 M €40 M €41,5 M €34,4 M €
Cash7,8 M €5,5 M €5,8 M €9,8 M €2,7 M €
Debts32,5 M €34,6 M €38,2 M €40,4 M €33,4 M €
Other
Workforce22,9 ETP26,4 ETP25,0 ETP22,7 ETP27,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 11 ended

Active mandates

Patrick Boterbergh

Managing director · since 26 juin 2023 · until 03 juin 2029

Active

Ended mandates

Jozef Loeckx

Managing director · since 06 juin 2017 · until 06 juin 2023

Ended
Jozef Loecxk

Managing director · since 06 juin 2017 · until 08 octobre 2020

Ended
Korfinae

Director · since 06 juin 2017 · until 06 juin 2023 · 0478.893.453

Represented by Patrick Boterbergh

Ended
Korfinae

Director · since 06 juin 2017 · until 08 octobre 2020 · 0834.946.997

Represented by Jozef Loeckx

Ended

Other companies at this address

Nijverheidskaai(Kor) 3 8500 Kortrijk
CompanyCBE no.
Arabeske● Active
0468.210.288
ASSURAPP● Active
0568.538.279
B.M. JORI● Active
0719.714.561
B.M. RIJO● Active
0719.716.046
0627.908.813
1016.640.964
0892.888.463
0895.424.222
0468.210.684
Korfinae● Active
0834.946.997
0831.793.608

Full financial information

Source · NBB
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 date27/07/202609/07/202501/07/202420/07/202320/07/202216/07/2021
General meeting29/06/202630/06/202503/06/202426/06/202327/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202627/07/2026DutchPDF
Abridged model31/12/202430/06/202509/07/2025DutchPDF
Abridged model31/12/202303/06/202401/07/2024DutchPDF
Abridged model31/12/202226/06/202320/07/2023DutchPDF
Abridged model31/12/202127/06/202220/07/2022DutchPDF
Abridged model31/12/202016/06/202116/07/2021DutchPDF
Abridged model31/12/201908/10/202009/10/2020DutchPDF
Abridged model31/12/201803/06/201902/07/2019DutchPDF
Abridged model31/12/201704/06/201827/06/2018DutchPDF
Abridged model31/12/201606/06/201729/06/2017DutchPDF
Abridged model31/12/201506/06/201627/06/2016DutchPDF
Abridged model31/12/201401/06/201524/06/2015DutchPDF
Abridged model31/12/201302/06/201401/07/2014DutchPDF
Abridged model31/12/201203/06/201303/07/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 11 ended

Active mandates

Patrick Boterbergh

Managing director · since 26 juin 2023 · until 03 juin 2029

Active

Ended mandates

Jozef Loeckx

Managing director · since 06 juin 2017 · until 06 juin 2023

Ended
Jozef Loecxk

Managing director · since 06 juin 2017 · until 08 octobre 2020

Ended
Korfinae

Director · since 06 juin 2017 · until 06 juin 2023 · 0478.893.453

Represented by Patrick Boterbergh

Ended
Korfinae

Director · since 06 juin 2017 · until 08 octobre 2020 · 0834.946.997

Represented by Jozef Loeckx

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/05/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/04/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025861,9 k €↑
  2. 2024
    Annual accounts 2024375,5 k €↑
  3. 2023
    Annual accounts 2023168,4 k €↑
  4. 2022
    Annual accounts 2022100,9 k €↓
  5. 2021
    Annual accounts 2021233,7 k €↑
  6. 2020
    Annual accounts 2020203,4 k €↑
  7. 2019
    Annual accounts 2019145,6 k €↑
  8. 2018
    Annual accounts 2018109,8 k €↓
  9. 2017
    Annual accounts 2017126,6 k €↑
  10. 2016
    Annual accounts 201622,1 k €↑
  11. 2015
    Annual accounts 201512,5 k €↑
  12. 2014
    Annual accounts 20147,9 k €↓
  13. 2013
    Annual accounts 201316,3 k €↑
  14. 2012
    Annual accounts 2012-25,8 k €
  15. 08/04/2011
    IncorporationPublic limited company