Financials
Financial year 2025
CORTVRIENDT from Tielt, company number BE0415857509, closed financial year 2025 with a result of € 106,868 after tax. For that financial year CORTVRIENDT recorded a gross margin of € 166,409 and equity of € 200,106. Compared with financial year 2024, the result moved from € 19,157 to € 106,868. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 200,106
▲ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 106,868
▲ € 87,711 vs 2024
Profit after tax over the fiscal year.
€ 66,664
▲ € 56,036 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 47,235
▲ € 36,247 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 123,421
▼ 6% vs 2024
€ 23,380 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,735
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,687
▲ 8% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 137,587 | € 26,370 | € 69,800 | € 166,409 | ▲ 138% |
| Profit after taxes | € 96,836 | € 1,601 | € 19,157 | € 106,868 | ▲ € 87,711 |
| Equity | € 102,481 | € 104,081 | € 123,238 | € 200,106 | ▲ 62% |
| Total debts | € 215,376 | € 245,579 | € 195,413 | € 178,597 | ▼ 9% |
| Cash | € 62,982 | - | € 10,628 | € 66,664 | ▲ € 56,036 |
| Land & buildings | € 124,358 | € 123,962 | € 125,471 | € 124,875 | |
| Retained profit | € 72,733 | € 74,334 | € 93,491 | € 170,358 | ▲ 82% |
| Dividend | € 42,000 | € 0 | € 0 | € 30,000 | |
| Bank debt | € 0 | € 175,214 | € 131,709 | € 123,421 | ▼ 6% |
| Balance sheet total | € 317,857 | € 349,661 | € 318,651 | € 378,703 | ▲ 19% |
Key figures of CORTVRIENDT, 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 CORTVRIENDT?
What happened at CORTVRIENDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 106,868 (▲ € 87,711 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Tielt. KBO
In short
From € 96,836 profit in 2022 to € 106,868 profit in 2025.
Paid € 18,368 in corporate taxes since 2022.
Best year ever: 2025, with € 106,868 profit.
Paid out € 72,000 in dividends to the owners in total.
Management
Behind CORTVRIENDT is CHRISTOPHE CORTVRIENDT.
Directors
According to the 2025 annual accounts
CHRISTOPHE CORTVRIENDT
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Karmstraat 65
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.857.509
- VAT number
- BE 0415.857.509
- Registered office
- Karmstraat 65, 8700 Tielt
- Names & denominations
- CORTVRIENDT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 1976
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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