Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Cortimmo from Ieper, company number BE0415187021, closed financial year 2025 with a result of € -4,718 after tax. For that financial year Cortimmo recorded a gross margin of € 7,229 and equity of € -81,415. Compared with financial year 2024, the result moved from € -4,683 to € -4,718. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ -81,415
▼ € 4,719 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,718
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,934
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -155,783.
Debts at end 2025
€ 197,307
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,347 | € 5,477 | € 6,915 | € 7,229 | ▲ 5% |
| Profit after taxes | € -5,546 | € -6,694 | € -4,683 | € -4,718 | ▼ € 35 |
| Equity | € -65,319 | € -72,013 | € -76,696 | € -81,415 | ▼ € 4,719 |
| Total debts | € 198,755 | € 198,822 | € 198,997 | € 198,051 | |
| Cash | € 3,711 | € 7,159 | € 12,774 | € 12,934 | ▲ 1% |
| Land & buildings | € 129,111 | € 118,406 | € 108,214 | € 98,021 | ▼ 9% |
| Retained profit | € -139,687 | € -146,381 | € -151,064 | € -155,783 | ▼ € 4,719 |
| Bank debt | € 197,761 | € 197,828 | € 197,442 | € 197,307 | |
| Balance sheet total | € 133,436 | € 126,809 | € 122,301 | € 116,636 | ▼ 5% |
Key figures of Cortimmo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cortimmo?
What happened at Cortimmo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,719. Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,546 loss in 2022 to € 4,719 loss in 2025.
Management
Behind Cortimmo are LUC ORBIE, LILIANE DELVA, INE CORTIER, PATRICK MASSON, HANNELORE CORTIER and SABINE DERUYTTER.
Directors
According to the 2025 annual accounts
LUC ORBIE
Director
LILIANE DELVA
Managing director
INE CORTIER
Director
PATRICK MASSON
Director
HANNELORE CORTIER
Director
SABINE DERUYTTER
Director
Establishments
Establishment units
Physical locations of this company
Poperingseweg 204
8908 Ieper
Poperingseweg 204
8900 Ieper
Active since 1 August 1975
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.187.021
- VAT number
- BE 0415.187.021
- Registered office
- Poperingseweg 204, 8908 Ieper
- Names & denominations
- Cortimmo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 1975
- Peppol
- Not registered