ACTIVE

ETHIMMO

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Financial year 2025 · Closed on 31/12/2025

Net result-27,5 k €-11,7 %over 1 year
Gross margin112,7 k €-4,8 %over 1 year
Equity507,9 k €-6,1 %over 1 year

Identity

Source · BCE/KBO

ETHIMMO is a Cooperative partnership with limited liability with a social purpose incorporated in 2005. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0873.551.514
Incorporation
29/04/2005
Legal form
Cooperative partnership with limited liability with a social purpose
Registered office
Spinnerijstraat(Kor) 107
8500 Kortrijk · FlandreSee on map
Contributed capital
192 500,00 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin112,7 k €118,4 k €485,9 k €176,7 k €116,9 k €
EBITDA105,1 k €110,6 k €474,3 k €168,5 k €105,2 k €
Operating result2,4 k €9,5 k €399,5 k €93,6 k €26 k €
Net result-27,5 k €-24,6 k €269 k €47 k €-9,3 k €
Balance sheet
Equity507,9 k €540,7 k €588,4 k €324,7 k €283 k €
Total assets2,5 M €2,5 M €2,5 M €1,9 M €1,9 M €
Cash63,9 k €208 k €196,9 k €37,5 k €33,5 k €
Debts1,9 M €1,8 M €1,8 M €1,5 M €1,6 M €
Other
Workforce––0,0 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

7 active · 10 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ACS GROUP0872.439.576Represented by Geert DAUWE
Directorsince 19/01/2011Mandateended
CLARUS0466.349.967Represented by Rik Desmet
Directorsince 19/01/2011Mandateended
De Poort vzw, voor wonen en werk0432.220.320Represented by Thomas Raes
Directorsince 19/01/2011Mandateended
Hefboom0428.036.254Represented by Liesbet Loeys
Directorsince 19/01/2011Mandateended
Constructief0465.225.262Represented by Bart Vandenbussche
DirectorMandateended
PATRIWESOL0753.390.189Represented by Gaëlle Beeusaert
DirectorMandateended
Zusters van de Bermhertigheid Jesu0409.896.264Represented by Dirk Dalle
DirectorMandateended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Accommo0405.566.403Represented by Lieven Van Belle
Directorsince 10/07/2019
BERM0468.716.668Represented by Drik Dalle
Directorsince 10/07/2019
coverrit0442.054.932Represented by Wim Verlinde
Directorsince 19/01/2011

Other companies at this address

Spinnerijstraat(Kor) 107 8500 Kortrijk
CompanyCBE no.
CLARUS● Active
0466.349.967
De Stuyverij● Active
0845.525.541
DUO-EXPRESS● Bankrupt
0827.681.303
KANAAL 127● Active
0460.937.169
KARWEIBEDRIJF● Active
0463.621.396
Starterslabo West-Vlaanderen● Active
0810.881.792
Twins Garage● Active
0536.989.525

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date17/07/202609/07/202520/02/202514/05/202415/07/202215/11/2021
General meeting23/06/202627/05/202511/06/202401/06/202327/06/202230/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202617/07/2026DutchPDF
Abridged model31/12/202427/05/202509/07/2025DutchPDF
Abridged model31/12/202311/06/202420/02/2025DutchPDF
Micro model31/12/202201/06/202314/05/2024DutchPDF
Micro model31/12/202127/06/202215/07/2022DutchPDF
Micro model31/12/202030/06/202115/11/2021DutchPDF
Micro model31/12/201910/07/202030/07/2020DutchPDF
Micro model31/12/201810/07/201920/08/2019DutchPDF
Micro model31/12/201706/06/201819/07/2018DutchPDF
Abridged model31/12/201614/06/201714/06/2017DutchPDF
Abridged model31/12/201502/06/201610/06/2016DutchPDF
Abridged model31/12/201403/06/201518/06/2015DutchPDF
Abridged model31/12/201308/07/201431/07/2014DutchPDF
Abridged model31/12/201206/06/201312/06/2013DutchPDF
Abridged model31/12/201107/06/201229/08/2012DutchPDF
Abridged model31/12/201029/06/201129/08/2011DutchPDF
Abridged model31/12/200912/07/201023/07/2010DutchPDF
Abridged model31/12/200804/06/200913/07/2009DutchPDF
Abridged model31/12/200724/06/200820/08/2008DutchPDF
Abridged model31/12/200614/06/200706/07/2007DutchPDF

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

7 active · 10 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ACS GROUP0872.439.576Represented by Geert DAUWE
Directorsince 19/01/2011Mandateended
CLARUS0466.349.967Represented by Rik Desmet
Directorsince 19/01/2011Mandateended
De Poort vzw, voor wonen en werk0432.220.320Represented by Thomas Raes
Directorsince 19/01/2011Mandateended
Hefboom0428.036.254Represented by Liesbet Loeys
Directorsince 19/01/2011Mandateended
Constructief0465.225.262Represented by Bart Vandenbussche
DirectorMandateended
PATRIWESOL0753.390.189Represented by Gaëlle Beeusaert
DirectorMandateended
Zusters van de Bermhertigheid Jesu0409.896.264Represented by Dirk Dalle
DirectorMandateended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Accommo0405.566.403Represented by Lieven Van Belle
Directorsince 10/07/2019
BERM0468.716.668Represented by Drik Dalle
Directorsince 10/07/2019
coverrit0442.054.932Represented by Wim Verlinde
Directorsince 19/01/2011

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares20/11/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/09/2012
    ALGEMENE VERGADERING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/11/2010
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/07/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/05/2005
    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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Accommo
BERM
Hefboom
HEFBOOM
De Poort vzw, voor wonen en werk
coverrit
CLARUS
ACS GROUP
Rik DESMET
Geert DAUWE
2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ETHIMMO
Spinnerijstraat(Kor) 107, 8500 Kortrijk
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Spinnerijstraat(Kor) 107, 8500 KortrijkCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00308828

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ETHIMMOCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00308828

Events

  1. 2025
    Annual accounts 2025-27,5 k €↓
  2. 2024
    Annual accounts 2024-24,6 k €↓
  3. 2023
    Annual accounts 2023269 k €↑
  4. 2022
    Annual accounts 202247 k €↑
  5. 2021
    Annual accounts 2021-9,3 k €↓
  6. 2020
    Annual accounts 2020290,6 €↑
  7. 2019
    Annual accounts 2019172,3 €↓
  8. 2018
    Annual accounts 20184,3 k €↑
  9. 2017
    Annual accounts 20172,3 k €↓
  10. 2016
    Annual accounts 20162,9 k €↓
  11. 2015
    Annual accounts 20154,8 k €↑
  12. 2014
    Annual accounts 20141,6 k €↑
  13. 2013
    Annual accounts 20131 k €↓
  14. 2012
    Annual accounts 20129,8 k €↑
  15. 2011
    Annual accounts 20118,1 k €↓
  16. 2010
    Annual accounts 20109 k €↓
  17. 2009
    Annual accounts 20099,1 k €↑
  18. 2008
    Annual accounts 20085,4 k €↑
  19. 2007
    Annual accounts 2007-468,1 €↑
  20. 2006
    Annual accounts 2006-16,1 k €
  21. 29/04/2005
    IncorporationCooperative partnership with limited liability with a social purpose