Financials
Financial year 2025
KORTESCH from Nieuwpoort, company number BE0866800809, closed financial year 2025 with a result of € 223,455 after tax. For that financial year KORTESCH recorded a gross margin of € 501,382 and equity of € 215,964. Compared with financial year 2024, the result moved from € 316,116 to € 223,455. 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 July 29, 2026.
€ 215,964
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 223,455
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 29,808
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 223,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 172,697
€ 43,200 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.
€ 7,115
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 522,647
▲ 4% vs 2024
€ 78,790 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 171,068
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,740
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 467,567 | € 519,281 | € 599,613 | € 501,382 | ▼ 16% |
| Profit after taxes | € 265,987 | € 247,698 | € 316,116 | € 223,455 | ▼ 29% |
| Equity | € 166,694 | € 199,393 | € 215,509 | € 215,964 | |
| Total debts | € 848,505 | € 788,223 | € 722,396 | € 737,455 | ▲ 2% |
| Cash | € 67,291 | € 61,590 | € 31,719 | € 29,808 | ▼ 6% |
| Land & buildings | € 210,349 | € 207,476 | € 200,616 | € 193,756 | ▼ 3% |
| Retained profit | € 156,694 | € 189,393 | € 205,509 | € 205,964 | |
| Dividend | € 170,000 | € 215,000 | € 300,000 | € 223,000 | ▼ 26% |
| Bank debt | € 618,371 | € 581,108 | € 503,987 | € 522,647 | ▲ 4% |
| Balance sheet total | € 1,015,199 | € 987,616 | € 937,906 | € 953,419 | ▲ 2% |
| Employees (FTE) | 3.5 | 2 | 4 | 4 |
Key figures of KORTESCH, 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 KORTESCH?
What happened at KORTESCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 223,455 (▼ 29% vs 2024). Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 265,987 profit in 2022 to € 223,455 profit in 2025.
Paid € 29,287 in corporate taxes since 2022.
Best year ever: 2024, with € 316,116 profit.
On average € 125,300 of value added per employee in 2025.
A new publication or filing at KORTESCH? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Director · represented by Bieke De Kort
Establishments
Establishment units
Physical locations of this company
Albert I laan 213
8620 Nieuwpoort
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.800.809
- VAT number
- BE 0866.800.809
- Registered office
- Albert I laan 213, 8620 Nieuwpoort
- Names & denominations
- KORTESCH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 2004
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in kranten en andere tijdschriften
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels