Financials
Financial year 2025
European Cork Distribution from Lokeren, company number BE0426740711, closed financial year 2025 with a result of € 102,180 after tax. For that financial year European Cork Distribution recorded a gross margin of € 1.1 million and equity of € 937,876. Compared with financial year 2024, the result moved from € 2,481 to € 102,180. 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 July 6, 2026.
€ 937,876
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 102,180
▲ € 99,699 vs 2024
Profit after tax over the fiscal year.
€ 204,842
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 875,876.
People and assets in 2025
12.2
Average over the fiscal year, from the social balance sheet.
€ 800,669
▼ 2% vs 2024
€ 65,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 559,808
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 492,054
▲ 12% vs 2024
€ 123,555 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 269,865
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 108,944
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 972,147 | € 1,153,590 | € 976,484 | € 1,114,133 | ▲ 14% |
| Profit after taxes | € 108,514 | € 137,068 | € 2,481 | € 102,180 | ▲ € 99,699 |
| Equity | € 696,146 | € 833,214 | € 835,696 | € 937,876 | ▲ 12% |
| Total debts | € 1,382,268 | € 1,125,860 | € 1,037,853 | € 1,010,184 | ▼ 3% |
| Cash | € 263,503 | € 130,559 | € 272,652 | € 204,842 | ▼ 25% |
| Retained profit | € 634,146 | € 771,214 | € 773,696 | € 875,876 | ▲ 13% |
| Bank debt | € 609,647 | € 531,790 | € 439,755 | € 492,054 | ▲ 12% |
| Balance sheet total | € 2,078,415 | € 1,959,075 | € 1,873,548 | € 1,948,060 | ▲ 4% |
| Employees (FTE) | 12.4 | 12.2 | 12.2 | 12.2 |
Key figures of European Cork Distribution, 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.
Ask about European Cork Distribution the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to European Cork Distribution?
What happened at European Cork Distribution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAGREMAX NV stepped down as director. NBB
- VIVIANE COEL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 102,180 (▲ € 99,699 vs 2024). Source: NBB ↗
- MAGREMAX NV became a director. NBB
- VIVIANE COEL became a director. NBB
- New establishment in Waregem. KBO
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,514 profit in 2022 to € 102,180 profit in 2025.
Paid € 119,030 in corporate taxes since 2022.
Best year ever: 2023, with € 137,068 profit.
On average € 91,300 of value added per employee in 2025.
Management
The stake of MAGREMAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
European Cork DistributionThe shares are held by MAGREMAX (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by MAEBE LUC
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolfsakker 3
9160 Lokeren
Wolfsakker 3 I.Z. E17/ box 2003
9160 Lokeren
Active since 26 May 1993
Zuiderlaan 73
8790 Waregem
Active since 31 March 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0426.740.711
- VAT number
- BE 0426.740.711
- Registered office
- Wolfsakker 3, 9160 Lokeren
- Names & denominations
- European Cork Distribution · E.C.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1984
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- kurk.be
- Activities · NACE
Vervaardiging van artikelen van kurk, riet of vlechtwerk
Vervaardiging van artikelen van kurk en riet en van vlechtwerk
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair