What does Thijs Cortvriendt do?

Thijs Cortvriendt is an electrical contractor in Hooglede. Private Limited, started on 22 February 2018, 1 establishment.

What is the address of Thijs Cortvriendt?

The registered office of Thijs Cortvriendt is located at Kleine Hazewindstraat 2, 8830 Hooglede.

Is Thijs Cortvriendt still active?

Yes. According to the CBE (31 October 2026) Thijs Cortvriendt is active, legal situation “Normale toestand”, started on 22 February 2018.

Is Thijs Cortvriendt registered on Peppol?

Yes, Thijs Cortvriendt is registered on the Peppol network with ID 0208:0690850826.

What is the enterprise number of Thijs Cortvriendt?

The enterprise number of Thijs Cortvriendt is BE0690850826.

When was Thijs Cortvriendt founded?

Thijs Cortvriendt was founded on 22 February 2018.

Who are the directors of Thijs Cortvriendt?

According to the 2025 annual accounts, the directors of Thijs Cortvriendt are: Thijs Cortvriendt.

Is Thijs Cortvriendt a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 February 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Thijs Cortvriendt make in 2025?

Thijs Cortvriendt posted a profit after taxes of € 277,186 in financial year 2025.

What is the revenue of Thijs Cortvriendt?

As a small company, Thijs Cortvriendt is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 557,332.

How much does an employee at Thijs Cortvriendt earn?

The average wage cost per full-time employee at Thijs Cortvriendt was € 60,700 in 2025: staff costs of € 121,454 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Thijs Cortvriendt have?

According to the 2025 annual accounts, Thijs Cortvriendt has 2 full-time equivalents (FTE).

Thijs Cortvriendt (Private Limited) - Hooglede

Dossier Thijs Cortvriendt, printed on 31 October 2026 from databakkes.be/en/0690850826/thijs-cortvriendt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Thijs Cortvriendt from Hooglede, company number BE0690850826, closed financial year 2025 with a result of € 277,186 after tax. For that financial year Thijs Cortvriendt recorded a gross margin of € 557,332 and equity of € 178,362. Compared with financial year 2024, the result moved from € 334,695 to € 277,186. The company is profitable. The buffer shrank hard: equity is 73 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Shrank hard

€ 178,362

▼ 73% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 277,186

▼ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 25,143

▼ 52% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 750,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 121,454

▲ 92% vs 2024

€ 60,700 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.

Vehicles and equipment

€ 68,113

▲ 70% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 105,858

▼ 10% vs 2024

€ 11,915 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 55,097

▲ 92% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 23,049

▲ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 233,072 Gross margin 2022: € 233,072 First fiscal year in the series	€ 317,225 Gross margin 2023: € 317,225 ▲ 36% vs 2022 (€ 233,072) Favourable step	€ 531,815 Gross margin 2024: € 531,815 ▲ 68% vs 2023 (€ 317,225) Favourable step	€ 557,332 Gross margin 2025: € 557,332 ▲ 5% vs 2024 (€ 531,815) Favourable step	▲ 5%
Profit after taxes	€ 123,481 Profit after taxes 2022: € 123,481 First fiscal year in the series	€ 175,898 Profit after taxes 2023: € 175,898 ▲ 42% vs 2022 (€ 123,481) Favourable step	€ 334,695 Profit after taxes 2024: € 334,695 ▲ 90% vs 2023 (€ 175,898) Favourable step	€ 277,186 Profit after taxes 2025: € 277,186 ▼ 17% vs 2024 (€ 334,695) Unfavourable step	▼ 17%
Equity	€ 520,582 Equity 2022: € 520,582 First fiscal year in the series	€ 696,480 Equity 2023: € 696,480 ▲ 34% vs 2022 (€ 520,582) Favourable step	€ 651,175 Equity 2024: € 651,175 ▼ 7% vs 2023 (€ 696,480) Unfavourable step	€ 178,362 Equity 2025: € 178,362 ▼ 73% vs 2024 (€ 651,175) Unfavourable step	▼ 73%
Total debts	€ 243,125 Total debts 2022: € 243,125 First fiscal year in the series	€ 169,783 Total debts 2023: € 169,783 ▼ 30% vs 2022 (€ 243,125) Favourable step	€ 165,436 Total debts 2024: € 165,436 ▼ 3% vs 2023 (€ 169,783) Favourable step	€ 867,824 Total debts 2025: € 867,824 ▲ € 702,389 vs 2024 (€ 165,436) Unfavourable step	▲ € 702,389
Cash	€ 215,668 Cash 2022: € 215,668 First fiscal year in the series	€ 60,113 Cash 2023: € 60,113 ▼ 72% vs 2022 (€ 215,668) Unfavourable step	€ 52,408 Cash 2024: € 52,408 ▼ 13% vs 2023 (€ 60,113) Unfavourable step	€ 25,143 Cash 2025: € 25,143 ▼ 52% vs 2024 (€ 52,408) Unfavourable step	▼ 52%
Land & buildings	€ 324,433 Land & buildings 2022: € 324,433 First fiscal year in the series	€ 307,399 Land & buildings 2023: € 307,399 ▼ 5% vs 2022 (€ 324,433) Unchanged	€ 279,413 Land & buildings 2024: € 279,413 ▼ 9% vs 2023 (€ 307,399) Unchanged	€ 209,553 Land & buildings 2025: € 209,553 ▼ 25% vs 2024 (€ 279,413) Unchanged	▼ 25%
Retained profit	€ 501,982 Retained profit 2022: € 501,982 First fiscal year in the series	€ 677,880 Retained profit 2023: € 677,880 ▲ 35% vs 2022 (€ 501,982) Favourable step	€ 632,575 Retained profit 2024: € 632,575 ▼ 7% vs 2023 (€ 677,880) Unfavourable step	€ 159,762 Retained profit 2025: € 159,762 ▼ 75% vs 2024 (€ 632,575) Unfavourable step	▼ 75%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 380,000 Dividend 2024: € 380,000 Unchanged (€ 0) Unchanged	€ 750,000 Dividend 2025: € 750,000 ▲ 97% vs 2024 (€ 380,000) Unchanged	▲ 97%
Bank debt	€ 140,778 Bank debt 2022: € 140,778 First fiscal year in the series	€ 129,274 Bank debt 2023: € 129,274 ▼ 8% vs 2022 (€ 140,778) Favourable step	€ 117,634 Bank debt 2024: € 117,634 ▼ 9% vs 2023 (€ 129,274) Favourable step	€ 105,858 Bank debt 2025: € 105,858 ▼ 10% vs 2024 (€ 117,634) Favourable step	▼ 10%
Balance sheet total	€ 763,708 Balance sheet total 2022: € 763,708 First fiscal year in the series	€ 866,263 Balance sheet total 2023: € 866,263 ▲ 13% vs 2022 (€ 763,708) Unchanged	€ 816,611 Balance sheet total 2024: € 816,611 ▼ 6% vs 2023 (€ 866,263) Unchanged	€ 1,046,186 Balance sheet total 2025: € 1,046,186 ▲ 28% vs 2024 (€ 816,611) Unchanged	▲ 28%
Employees (FTE)	-	-	-	2 Employees (FTE) 2025: 2 First fiscal year in the series

Key figures of Thijs 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 Thijs Cortvriendt?

What happened at Thijs Cortvriendt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 23, 2026 New annual accounts for financial year 2025: profit of € 277,186 (▼ 17% vs 2024). Source: NBB ↗
May 6, 2020 New establishment in Hooglede. KBO
Feb 22, 2018 Start of the company according to the CBE. KBO

In short

From € 123,481 profit in 2022 to € 277,186 profit in 2025.

Paid € 278,314 in corporate taxes since 2022.

Best year ever: 2024, with € 334,695 profit.

On average € 278,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Thijs Cortvriendt

Behind Thijs Cortvriendt is Thijs Cortvriendt.

Directors

According to the 2025 annual accounts

Thijs Cortvriendt

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Kleine Hazewindstraat 2

8830 Hooglede

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0690.850.826

VAT number

BE 0690.850.826

Registered office

Kleine Hazewindstraat 2, 8830 Hooglede

Names & denominations

Thijs Cortvriendt

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 February 2018

Peppol

Active · Active since 30 Oct 2025

Activities · NACE

Algemene elektrotechnische installatiewerken

Ondersteunende activiteiten in verband met de teelt van gewassen

Ondersteunende activiteiten in verband met de veeteelt

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Groothandel in levend vee

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Sanitaire werkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

Thijs Cortvriendt

Warning lights

Financials

What happened to Thijs Cortvriendt?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions