ACTIVE

Behold the turtle

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Financial year 2025 · closed on 31/12/2025

Net result

109,9 k €

-19.2% YoY

Gross margin

171,1 k €

-17.6% YoY

Equity

630,3 k €

+13.8% YoY

What does Behold the turtle do?

Behold the turtle is a Private limited company incorporated in 2011. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0839.052.869

Incorporation

06/09/2011

Legal form

Private limited company

Registered office

Begoniapark(Rol) 10
8510 Kortrijk · FlandreSee on map

Contributed capital

21 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	171,1 k €	-17.6%	207,5 k €	-1.8%	211,4 k €	+4.7%	201,9 k €	+96.7%	102,7 k €	+11.6%	92 k €	+40.3%	65,5 k €	+5.6%	62,1 k €	+173%	22,8 k €	-33.3%	34,1 k €	+137%	14,4 k €	-12.0%	16,4 k €	-37.9%	26,4 k €	+3.2%	25,6 k €
EBITDA	165,4 k €	-19.5%	205,3 k €	-1.8%	209 k €	+4.7%	199,7 k €	+98.0%	100,9 k €	+10.3%	91,5 k €	+42.4%	64,2 k €	+6.9%	60,1 k €	+215%	19,1 k €	-38.8%	31,2 k €	+166%	11,7 k €	-14.4%	13,7 k €	-39.5%	22,6 k €	+26.8%	17,9 k €
Operating result	161,8 k €	-18.6%	198,7 k €	-3.1%	205 k €	+4.1%	196,9 k €	+100%	98,3 k €	+17.9%	83,4 k €	+54.3%	54 k €	+0.5%	53,8 k €	+640%	7,3 k €	-44.8%	13,2 k €	+443%	-3,8 k €	-14.7%	-3,3 k €	-131%	10,8 k €	+245%	3,1 k €
Net result	109,9 k €	-19.2%	136 k €	+8.2%	125,7 k €	-14.6%	147,1 k €	+114%	68,6 k €	+76.4%	38,9 k €	+26.1%	30,8 k €	-16.0%	36,7 k €	+315%	8,8 k €	-31.7%	13 k €	+412%	-4,2 k €	+41.7%	-7,1 k €	-232%	5,4 k €	+239%	-3,9 k €
Balance sheet
Equity	630,3 k €	+13.8%	553,8 k €	+21.8%	454,5 k €	+35.1%	336,3 k €	+66.6%	201,8 k €	+46.1%	138,1 k €	+39.2%	99,2 k €	+45.1%	68,4 k €	+116%	31,7 k €	+31.0%	24,2 k €	+115%	11,2 k €	-27.0%	15,4 k €	-31.6%	22,5 k €	+31.4%	17,1 k €
Total assets	674,6 k €	+12.5%	599,8 k €	+20.0%	500 k €	+37.9%	362,6 k €	+66.7%	217,5 k €	+44.6%	150,4 k €	+15.3%	130,4 k €	+22.3%	106,6 k €	+67.4%	63,7 k €	-29.8%	90,7 k €	+43.9%	63 k €	-15.7%	74,7 k €	-27.9%	103,6 k €	+32.9%	78 k €
Cash	238,8 k €	+122%	107,4 k €		–		–		166,2 k €	+87.2%	88,8 k €	+40.3%	63,3 k €	+51.9%	41,6 k €	+80.5%	23,1 k €	-46.7%	43,3 k €	+56.1%	27,7 k €	+46.5%	18,9 k €	-48.6%	36,8 k €	+181%	13,1 k €
Debts	44 k €	-3.8%	45,7 k €	+6.8%	42,8 k €	+75.9%	24,3 k €	+76.7%	13,8 k €	+32.2%	10,4 k €	-58.4%	25,1 k €	-19.4%	31,1 k €	+20.3%	25,9 k €	-58.1%	61,7 k €	+30.7%	47,2 k €	-12.8%	54,1 k €	-28.1%	75,3 k €	+30.0%	57,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Annemie VAN OOTEGHEM

Director · since 07 novembre 2012

Active

Leendert DERCK

Director · since 31 août 2011

Active

Patrick DERCK

Director · since 31 août 2011

Active

Ended mandates

Anna Maria VAN OOTEGHEM

Manager · since 07 novembre 2012

Ended

Leendert DERCK

Manager · since 06 septembre 2011

Ended

Leendert DERCK

Manager · since 31 août 2011

Ended

Patrick DERCK

Manager · since 31 août 2011

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	25/06/2026	27/06/2025	02/07/2024	24/05/2023	01/06/2022	19/07/2021
General meeting	25/06/2026	16/05/2025	17/06/2024	18/05/2023	20/05/2022	30/06/2021
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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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	25/06/2026	Dutch	PDF
Micro model	31/12/2024	16/05/2025	27/06/2025	Dutch	PDF
Micro model	31/12/2023	17/06/2024	02/07/2024	Dutch	PDF
Micro model	31/12/2022	18/05/2023	24/05/2023	Dutch	PDF
Micro model	31/12/2021	20/05/2022	01/06/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	19/07/2021	Dutch	PDF
Micro model	31/12/2019	30/09/2020	28/10/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	23/07/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	21/07/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Annemie VAN OOTEGHEM

Director · since 07 novembre 2012

Active

Leendert DERCK

Director · since 31 août 2011

Active

Patrick DERCK

Director · since 31 août 2011

Active

Ended mandates

Anna Maria VAN OOTEGHEM

Manager · since 07 novembre 2012

Ended

Leendert DERCK

Manager · since 06 septembre 2011

Ended

Leendert DERCK

Manager · since 31 août 2011

Ended

Patrick DERCK

Manager · since 31 août 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/11/2012
KAPITAAL - AANDELEN
PDF
Other08/09/2011
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

2025
Annual accounts 2025109,9 k €↓
2024
Annual accounts 2024136 k €↑
2023
Annual accounts 2023125,7 k €↓
2022
Annual accounts 2022147,1 k €↑
2021
Annual accounts 202168,6 k €↑
2020
Annual accounts 202038,9 k €↑
2019
Annual accounts 201930,8 k €↓
2018
Annual accounts 201836,7 k €↑
2017
Annual accounts 20178,8 k €↓
2016
Annual accounts 201613 k €↑
2015
Annual accounts 2015-4,2 k €↑
2014
Annual accounts 2014-7,1 k €↓
2013
Annual accounts 20135,4 k €↑
2012
Annual accounts 2012-3,9 k €
06/09/2011
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Behold the turtle

Overview

What does Behold the turtle do?

Trend over 14 financial years

Indicative valuation

Board of directors

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