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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Mortierhoek from Kortrijk, company number BE0765279223, closed financial year 2026 with a result of € 153,701 after tax. For that financial year Mortierhoek recorded a gross margin of € 561,935 and equity of € 1.5 million. Compared with financial year 2025, the result moved from € 188,673 to € 153,701. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2026.
€ 1.5 million
▲ 11% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,701
▼ 19% vs 2025
Profit after tax over the fiscal year.
€ 430,820
▲ € 415,521 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 728,550.
People and assets in 2026
€ 1,565
▼ 65% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 4.8 million
▼ 6% vs 2025
€ 302,986 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 56,906
▲ 86% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 87,563
▲ 6% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 546,005 | € 553,375 | € 597,027 | € 561,935 | ▼ 6% |
| Profit after taxes | € 214,640 | € 161,166 | € 188,673 | € 153,701 | ▼ 19% |
| Equity | € 1,075,011 | € 1,236,177 | € 1,374,850 | € 1,528,550 | ▲ 11% |
| Total debts | € 6,400,965 | € 6,150,578 | € 5,935,806 | € 5,586,060 | ▼ 6% |
| Cash | € 39,911 | € 34,798 | € 15,299 | € 430,820 | ▲ € 415,521 |
| Land & buildings | € 7,207,324 | € 7,032,535 | € 6,851,039 | € 6,669,542 | ▼ 3% |
| Retained profit | € 275,011 | € 436,177 | € 574,850 | € 728,550 | ▲ 27% |
| Dividend | € 0 | € 0 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 5,719,528 | € 5,431,861 | € 5,139,007 | € 4,841,136 | ▼ 6% |
| Balance sheet total | € 7,475,976 | € 7,386,755 | € 7,310,656 | € 7,114,611 | ▼ 3% |
Key figures of Mortierhoek, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to Mortierhoek?
What happened at Mortierhoek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 153,701 (▼ 19% vs 2025). Source: NBB ↗
- SCORACO BV stepped down as director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 214,640 profit in 2023 to € 153,701 profit in 2026.
Paid € 159,065 in corporate taxes since 2023.
Best year ever: 2023, with € 214,640 profit.
Paid out € 50,000 in dividends to the owners in total.
Management
The stake of EMI Real Estate, SCORACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MortierhoekBehind Mortierhoek is MANAGEMENT DE RUDDER BV. The shares are held by EMI Real Estate (50%) and SCORACO (50%).
Directors
According to the 2026 annual accounts
Director · represented by Ignace DE RUDDER
Also active at: VERVOERONDERNEMING MARCEL LAMBERTS EN ZONEN, DESARENT, Transport De Rudder, Warehouse, FRUY IMMO, M-EXPRESS
Director · represented by Dimitri VANNESTE
Also active at: VATEX, DARCOPACK, PROKER INDUSTRIAL PACKAGING
· until 2026
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Izegemsestraat(Heu) 430
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.279.223
- VAT number
- BE 0765.279.223
- Registered office
- Izegemsestraat(Heu) 430, 8501 Kortrijk
- Names & denominations
- Mortierhoek
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2021
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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