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ADDINGVALUE

Active Risk: not assessed Private limited companyfounded 1983active for 43 yearsSmokkelpotstraat 38, 8510 KortrijkKBO/BCE: BE 0423.637.503 #7 oldest company in Kortrijk, Finance and insurance sector
ADDINGVALUE
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 14-07-2026, 17 days before the deadline
€2.5m
▲ 3.0%
€3.8m
▼ 1.7%
€72,750
▼ 67.4%
65.7%
▲ 3.0 percentage points
2.9%
▼ 6.3 percentage points
1.9%
▼ 3.9 percentage points

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

In the rankings #7 oldest company in Kortrijk, Finance and insurance sector

Balance sheet

balance sheet total €3.8m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

65.7%

Higher than 64% of 6,708 companies in 2025.

1.9%

Higher than 36% of 6,673 companies in 2025.

ADDINGVALUE Middle half of the sector 80% of the sector Abbreviated accounts in financial services (NACE 64)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Staff: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 3.8m3.8m3.8m3.8m3.8m3.7m59,78236,45448,2123,5922,4865,0185173485763883,7516,8537,194
21/28 3.7m3.7m3.7m3.7m3.7m3.7m12,5506,5247,5081,223----1002009662,000-
21 103206308411---------------
22/27 26,66135,82416,14720,22518,66717,35112,5506,5247,5081,223----1002009662,0000
23 21,14828,55113,45713,2545,6022,3881,298------------
24 5,5137,2742,6906,97113,00314,83911,0666,2777,5081,223----1002009662,000-
26 ---062124185247-----------
28 3.6m3.6m3.6m3.6m3.6m3.6m------------0
29/58 121,226177,927118,175123,786123,37989,30147,23229,93040,7042,3692,4865,0185173484761892,7854,8537,194
40/41 99,164152,37386,91875,52557,28128,8167,65811,64018,3321,970-8134141411416201,1914,747
40 10,41642,9057,75570,58652,65528,1942,6435,97718,3321,970-813------4,100
41 88,748109,46879,1634,9394,6266225,0155,663----4141411416201,191647
54/58 22,06225,10529,26446,53065,80260,19937,61312,20222,3723992,4864,205476308436482,1653,6632,447
490/1 04491,9931,7302952861,9616,088-----------
Balance sheet: equity and liabilities
10/49 3.8m3.8m3.8m3.8m3.8m3.7m59,78236,45448,2123,5922,4865,0185173485763883,7516,8537,194
10/15 2.5m2.4m2.2m2.0m1.9m1.8m14,99746619,267-10,863-10,371-10,336-17,362-16,101-14,743-12,091-3,1583,074-20,331
10/11 1.9m1.9m1.9m1.9m1.9m1.9m49,96749,96749,96749,96749,96749,96749,96749,96749,96749,96749,96749,96724,789
100 ------49,96749,96749,96749,96749,96749,96749,96749,96749,96749,96749,96749,96724,789
13 616,210543,460320,542104,26964,8546,189628628628628628628628628628628628628628
130 ------628628628628628628628628628628628628628
133 616,210543,460320,542104,26964,8546,189-------------
14 ---0-35,598-35,598-35,598-50,130-31,328-61,458-60,966-60,932-67,957-66,696-65,339-62,687-53,753-47,522-45,749
17/49 1.3m1.4m1.6m1.8m1.9m1.9m44,78435,98828,94514,45512,85615,35417,87916,44915,31912,4806,9093,77927,525
17 1.1m1.2m1.4m1.6m1.7m1.8m-------------
170/4 1.1m1.2m1.4m1.6m1.7m1.8m-------------
42/48 185,307224,127193,662215,745194,082124,87644,78435,31928,94514,45512,85615,35417,87916,44915,31912,1906,9092,78927,525
42 108,286107,198106,121105,05596,04047,618-------------
43 ----04,007665------------
430/8 ----04,007665------------
44 4,74143,29015,44044,78019,334621,3567796,1502,7387857833,0712,4401,6591442,0506522,348
440/4 4,74143,29015,44044,78019,334621,3567796,1502,7387857833,0712,4401,6591442,0506522,348
45 7,27727,05022,7868,80515,84327,61513,76823,1649,344342-----8038144-
450/3 7,27727,05022,7868,80515,84312,2746,1896,8479,344342-----8038144-
454/9 ----015,3407,57916,316-----------
47/48 65,00346,58949,31557,10562,86645,57528,99611,37613,45211,37612,07114,57114,80814,00813,66111,9664,8211,99325,178
492/3 13,34513,24413,30719,29019,5747,424-670-------290-990-
Income statement
76A 03,500----------------15,078
9900 -30,53392,66784,681149,664128,27428,34721,637-14,55839,6486024467,508-783-782-1,659-6,837-4,3561,7019,430
62 ------------------9,971
630 10,2658,8088,1986,3088,0674,9124,6992,9972,595612---1001007661,4331,333-
640/8 1,1261,6911,9366,8689,4011,0038417355984514504494464438918273482,022576
66A ------------------6,114
9901 -41,92482,16874,547136,489110,80622,43116,098-18,29136,455-460-37,059-1,228-1,324-2,649-8,431-6,137-1,655-1,117
75/76B 140,006200,001200,00611503201710-----171411
75 140,006200,001200,00611503201710-----171411
65/66B 17,85019,34221,14026,90124,16113,38998161413231333333325041011033,108
65 17,85019,34221,14023,94324,16113,38998161413231333333325041011033,108
66B --02,958---------------
9903 80,231262,827253,413109,70386,6459,04516,019-18,43536,416-492-347,026-1,262-1,357-2,681-8,933-6,231-1,7444,752
67/77 7,48139,90937,14034,69028,6082,8561,4883666,286------2901292
9904 72,750222,918216,27375,01358,0376,18914,531-18,80130,130-492-347,026-1,262-1,357-2,652-8,933-6,232-1,7734,750
9905 72,750222,918216,27375,01358,0376,18914,531-18,80130,130-492-347,026-1,262-1,357-2,652-8,933-6,232-1,7734,750
Appropriation of the result
9906 72,750222,918216,27339,41522,439-29,409-35,598-50,130-31,328-61,458-60,966-60,932-67,957-66,696-65,339-62,687-53,753-47,522-45,749
14P --0-35,598---------------
691/2 72,750222,918216,27339,41558,0376,189-------------
6921 72,750222,918216,27339,41558,0376,189-------------
Social balance sheet
9087 000----------------
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The accounts for 23 older financial years (1984-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 14-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 14-07-2026 2026-00291018 PDF
31-12-2024 abbreviated format 23-05-2025 2025-00116857 PDF
31-12-2023 abbreviated format 26-07-2024 2024-00321460 PDF
31-12-2022 micro format 28-07-2023 2023-00313637 PDF
31-12-2021 micro format 15-03-2022 2022-07700583 PDF
31-12-2020 micro format 30-09-2021 2021-69900335 PDF
31-12-2019 micro format 30-11-2020 2020-74100319 PDF
31-12-2018 micro format 27-09-2019 2019-67100404 PDF
31-12-2017 micro format 31-08-2018 2018-57600389 PDF
31-12-2016 micro format 27-07-2017 2017-37200207 PDF
31-12-2015 abbreviated format 31-05-2016 2016-14200507 PDF
31-12-2014 abbreviated format 08-06-2015 2015-15600297 PDF
31-12-2013 abbreviated format 26-08-2014 2014-49300388 PDF
31-12-2012 abbreviated format 28-08-2013 2013-49800441 PDF
31-12-2011 abbreviated format 31-08-2012 2012-55200252 PDF
31-12-2010 abbreviated format 31-08-2011 2011-52200126 PDF
31-12-2009 abbreviated format 31-08-2010 2010-51100137 PDF
31-12-2008 abbreviated format 08-02-2010 2010-03700156 PDF
30-06-2007 full format 22-01-2008 2008-01800223 PDF
30-06-2006 full format 20-12-2006 2006-91803336 PDF
30-06-2005 full format 11-01-2006 2006-01100764 PDF
30-06-2004 full format 14-12-2004 2004-85202136 PDF
30-06-2003 full format 09-01-2004 2004-00605321 PDF
30-06-2002 full format 15-01-2003 2003-01404588 PDF
30-06-2001 full format 22-01-2002 2002-02301061 PDF
30-06-2000 full format 17-01-2001 2001-01800917 PDF
30-06-1999 full format 18-01-2000 2000-01600250 PDF
30-06-1998 full format 11-01-1999 1999-00600849 PDF
30-06-1997 full format 21-01-1998 1998-01203725 PDF
30-06-1996 full format 04-02-1997 1997-01702902 PDF
30-06-1995 full format 31-01-1996 1996-01703809 PDF
30-06-1994 full format 26-01-1995 1995-01600973 PDF
30-06-1993 full format 25-01-1994 1994-01501142 PDF
30-06-1992 full format 02-03-1993 1993-03001698 PDF
30-06-1991 full format 21-01-1992 1992-00901966 PDF
30-06-1990 full format 28-12-1990 1990-30300610 PDF
30-06-1989 full format 12-01-1990 1990-00204678 PDF
30-06-1988 full format 13-01-1989 1989-00403297 PDF
30-06-1987 full format 13-01-1988 1988-00304093 PDF
30-06-1986 full format 09-01-1987 1987-00500136 PDF
30-06-1985 full format 10-01-1986 1986-00601326 PDF
30-06-1984 unclassified schema 26-12-1984 1984-15600108 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
99928,3824,01716,2749,3833.6m10,7252,0138,8801,835---0003993,333-
-3,044-4,159-17,266-19,2725,60422,58625,411-10,17021,973-2,086-1,7203,729169-128388-2,116-1,4981,216-
65.7%62.6%58.0%52.2%50.2%49.1%25.1%1.3%40.0%---206.0%-----44.9%-282.6%
2.9%9.2%9.9%3.8%3.1%0.3%96.9%-156.4%---------57.7%-
1.9%5.8%5.7%2.0%1.5%0.2%24.3%-51.6%62.5%--140.0%------25.9%66.0%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets€999€28,382€4,017€10,760
Intangible fixed assets---€514
Financial fixed assets---€5,000
€10,265€8,808€8,198€6,308

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on ADDINGVALUE

The operating result for 2025 is a loss of €41,924, after a profit of €82,168 in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total falls from 37.4% to 34.3%. Equity is higher and debt is lower.

Large changes and their cause
  • 2023 Net result +188% on 2022. Merger absorbing AIDE, Official Gazette 19-09-2022, in the previous financial year. That operation now counts for a full year for the first time. The accounts now follow the abbreviated format, last year the micro format.

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