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Public limited companyfounded 199927 yrs activeGentbruggekouter 7, 9050 Gent, BelgiumKBO/BCE: BE 0465.495.377
Summary

KOIBA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €127.6m and a net result of €11.0m. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 2444 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
31 d early
2024
24 d early
2023
29 d early
2022
9 d late
2021
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 February 1999, KOIBA was incorporated.1 The capital was increased 3 times between 2010 and 2013, most recently to EUR 41 million.234 The name was changed to KOIBA NV in 2013 and to KOIBA in 2023.56 Of the 2 current board members, Ann Steenbrugghe has served longest, since 2023.6 Total assets went from EUR 80 million in 2018 to EUR 169 million in 2025 and headcount from 1 to 1.3 full-time equivalents.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 27-05-2010
  3. 3Belgian State Gazette, 08-11-2012
  4. 4Belgian State Gazette, 25-10-2013
  5. 5Belgian State Gazette, 17-01-2013
  6. 6Belgian State Gazette, 28-12-2023
  7. 7National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema, statutory accounts

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€127.6m▲ 8.4%
2024 · €117.8m
Net result
€11.0m▲ 128%
2024 · €4.9m
Total assets
€168.6m▲ 7.4%
2024 · €157.0m
Solvency
75.7%▲ 0.7pp
2024 · 75.0%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€237,675▼ 53.5%€601,474▲ 153%€800,260▲ 33.0%€581,446▼ 27.3%€567,290▼ 2.4%
Operating result-€459,804▲ 33.4%-€1.0m▼ 124%-€856,599▲ 16.8%-€630,118▲ 26.4%-€1.3m▼ 110%
Net result€40.9mabove the sector's middle half€14.0mabove the sector's middle half▼ 65.7%-€1.6mbelow the sector's middle half€4.9mabove the sector's middle half€11.0mabove the sector's middle half▲ 128%
Equity€102.0mabove the sector's middle half▲ 56.9%€116.0mabove the sector's middle half▲ 13.7%€113.7mabove the sector's middle half▼ 2.0%€117.8mabove the sector's middle half▲ 3.6%€127.6mabove the sector's middle half▲ 8.4%
Total assets€155.2mabove the sector's middle half▲ 57.5%€158.2mabove the sector's middle half▲ 1.9%€153.7mabove the sector's middle half▼ 2.8%€157.0mabove the sector's middle half▲ 2.1%€168.6mabove the sector's middle half▲ 7.4%
Debt€53.2m▲ 42.1%€42.1m▼ 20.8%€40.1m▼ 4.9%€39.2m▼ 2.1%€41.0m▲ 4.5%
Working capital€27.8mabove the sector's middle half▲ 21.0%€27.9mabove the sector's middle half▲ 0.3%€32.5mabove the sector's middle half▲ 16.7%€20.3mabove the sector's middle half▼ 37.7%€22.6mabove the sector's middle half▲ 11.7%
Solvency65.7%within the sector's middle half▼ 0.2pp73.4%within the sector's middle half▲ 7.6pp73.9%within the sector's middle half▲ 0.6pp75.0%within the sector's middle half▲ 1.1pp75.7%within the sector's middle half▲ 0.7pp
Current ratio3.14above the sector's middle half▲ 0.484.09above the sector's middle half▲ 0.953.87above the sector's middle half▼ 0.231.80within the sector's middle half▼ 2.061.91within the sector's middle half▲ 0.11
Return on assets (ROA)26.4%above the sector's middle half▲ 30.3pp8.9%within the sector's middle half▼ 17.5pp-1.0%below the sector's middle half▼ 9.9pp3.1%within the sector's middle half▲ 4.1pp6.6%within the sector's middle half▲ 3.5pp
Staff (FTE)1below the sector's middle half▲ 25.0%1within the sector's middle half=1.1within the sector's middle half▲ 10.0%1.1within the sector's middle half=1.3within the sector's middle half▲ 18.2%
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20.0m€0€20.0m€40.0mOperating result 2021: -€459,804-€459,804Net result 2021: €40.9m€40.9mOperating result 2022: -€1.0m-€1.0mNet result 2022: €14.0m€14.0mOperating result 2023: -€856,599-€856,599Net result 2023: -€1.6m-€1.6mOperating result 2024: -€630,118-€630,118Net result 2024: €4.9m€4.9mOperating result 2025: -€1.3m-€1.3mNet result 2025: €11.0m€11.0m20212022202320242025-€5m€0€5m€10mOperating result 2023: -€856,599-€857,000Net result 2023: -€1.6m-€1.6mOperating result 2024: -€630,118-€630,000Net result 2024: €4.9m€4.9mOperating result 2025: -€1.3m-€1.3mNet result 2025: €11.0m€11m202320242025
The operating result stays negative: a loss of €1.3m in 2025 against €630,118 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168.6m
Fixed assets €121.2m ▲ 8.6%
Current assets €47.4m ▲ 4.3%
Equity and liabilities €168.6m
Equity €127.6m ▲ 8.4%
Debt €41.0m ▲ 4.5%
Debt's share of the balance-sheet total falls from 25.0% to 24.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
8.7%▲
2024 · 4.1%
Debt ≤ 1 year
€24.8m▼
2024 · €25.2m
Debt > 1 year
€16.1m▲
2024 · €13.9m
Income taxes
-€338,559▼
2024 · €21,924
Staff costs
€117,006▲
2024 · €83,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 91 lines
Balance sheet Code20242025
Assets
Total assets20/58€157.0m€168.6m▲
Fixed assets21/28€111.6m€121.2m▲
Tangible fixed assets22/27€9.6m€23.3m▲
Land and buildings22€7.9m€13.3m▲
Furniture and vehicles24€10,060€527,177▲
Leasing and similar rights25€69,177€51,552▼
Other tangible fixed assets26€343,539€3.0m▲
Assets under construction and advance payments27€1.3m€6.5m▲
Financial fixed assets28€102.0m€97.9m▼
Affiliated companies280/1€95.7m€92.7m▼
Participating interests280€95.7m€92.7m▼
Companies linked by participating interests282/3€6.1m€5.2m▼
Participating interests282€6.1m€5.2m▼
Other financial fixed assets284/8€201,700€1,700▼
Shares284€200,000€0▼
Amounts receivable and cash guarantees285/8€1,700€1,700=
Current assets29/58€45.4m€47.4m▲
Amounts receivable after more than one year29€28.8m€30.4m▲
Other amounts receivable291€28.8m€30.4m▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€392,109€239,040▼
Trade receivables40€117,279€80,965▼
Other amounts receivable41€274,831€158,076▼
Current investments50/53€14.6m€15.3m▲
Other investments51/53€14.6m€15.3m▲
Cash at bank and in hand54/58€1.2m€1.5m▲
Deferred charges and accrued income490/1€425,039€39,682▼
Equity and liabilities
Total equity and liabilities10/49€157.0m€168.6m▲
Equity10/15€117.8m€127.6m▲
Contributions10/11€33.0m€33.0m=
Capital10€33.0m€33.0m=
Issued capital100€33.0m€33.0m=
Reserves13€6.8m€6.8m=
Non-distributable reserves130/1€3.3m€3.3m=
Legal reserve130€3.3m€3.3m=
Tax-exempt reserves132€14,267€14,267=
Distributable reserves133€3.5m€3.5m=
Profit (loss) carried forward14€78.1m€87.9m▲
Amounts payable17/49€39.2m€41.0m▲
Amounts payable after more than one year17€13.9m€16.1m▲
Financial debts170/4€13.9m€16.1m▲
Subordinated loans170€380,431€363,267▼
Leasing and similar obligations172€44,269€22,009▼
Credit institutions173€13.5m€15.8m▲
Other loans174€0-
Other amounts payable178/9€0-
Amounts payable within one year42/48€25.2m€24.8m▼
Current portion of amounts payable after more than one year42€13.7m€10.7m▼
Financial debts43€9.7m€11.5m▲
Credit institutions430/8€9.7m€11.5m▲
Trade debts44€682,125€831,543▲
Suppliers440/4€682,125€831,543▲
Taxes, remuneration and social security45€386,884€105,912▼
Taxes450/3€370,821€88,058▼
Remuneration and social security454/9€16,062€17,855▲
Other amounts payable47/48€750,000€1.6m▲
Accrued charges and deferred income492/3€112,584€82,306▼
Income statement Code20242025
Operating income70/76A€940,272€947,675▲
Turnover70€581,446€567,290▼
Other operating income74€352,039€379,114▲
Non-recurring operating income76A€6,787€1,271▼
Operating charges60/66A€1.6m€2.3m▲
Services and other goods61€1.1m€1.1m▲
Remuneration, social security and pensions62€83,093€117,006▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€386,815€955,786▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€454,880€0▲
Other operating charges640/8€501,391€64,938▼
Operating profit (loss)9901-€630,118-€1.3m▼
Financial income75/76B€8.4m€13.5m▲
Recurring financial income75€6.6m€7.4m▲
Income from financial fixed assets750€3.2m€4.8m▲
Income from current assets751€2.6m€2.0m▼
Other financial income752/9€757,574€619,721▼
Non-recurring financial income76B€1.7m€6.1m▲
Financial charges65/66B€2.9m€1.5m▼
Recurring financial charges65€2.6m€1.5m▼
Debt charges650€1.5m€1.2m▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€931,903-€1.4m▼
Other financial charges652/9€160,736€1.7m▲
Non-recurring financial charges66B€300,000€0▼
Profit (loss) for the period before taxes9903€4.9m€10.7m▲
Income taxes67/77€21,924-€338,559▼
Taxes670/3€117,676€118,333▲
Tax adjustments and reversals of tax provisions77€95,752€456,892▲
Profit (loss) for the period9904€4.9m€11.0m▲
Profit (loss) for the period to be appropriated9905€4.9m€11.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€78.8m€89.1m▲
Profit (loss) brought forward from the previous period14P€74.0m€78.1m▲
Profit to be distributed694/7€750,000€1.2m▲
Return on contributions (dividend)694€750,000€1.2m▲
Social balance
Average headcount (FTE)90871.11.3▲

The notes to these accounts (113 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€676,385€696,923€916,634€940,272€947,675▲ 0.8%
Turnover70€237,675€601,474€800,260€581,446€567,290▼ 2.4%
Other operating income74€84,446€92,038€102,799€352,039€379,114▲ 7.7%
Non-recurring operating income76A€354,264€3,411€13,575€6,787€1,271▼ 81.3%
Operating charges60/66A€1.1m€1.7m€1.8m€1.6m€2.3m▲ 44.7%
Services and other goods61€664,598€1.3m€1.1m€1.1m€1.1m▲ 7.6%
Remuneration, social security and pensions62€71,290€72,609€91,335€83,093€117,006▲ 40.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€367,327€319,271€484,165€386,815€955,786▲ 147%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€454,880€0▲ 100%
Other operating charges640/8€32,974€56,995€72,249€501,391€64,938▼ 87.0%
Operating profit (loss)9901-€459,804-€1.0m-€856,599-€630,118-€1.3m▼ 110%
Financial income75/76B€42.0m€17.8m€7.3m€8.4m€13.5m▲ 61.8%
Recurring financial income75€41.5m€11.6m€7.1m€6.6m€7.4m▲ 12.0%
Income from financial fixed assets750€39.9m€10.0m€4.9m€3.2m€4.8m▲ 48.4%
Income from current assets751€1.1m€1.5m€1.7m€2.6m€2.0m▼ 23.9%
Other financial income752/9€585,202€130,523€462,947€757,574€619,721▼ 18.2%
Non-recurring financial income76B€486,472€6.2m€193,812€1.7m€6.1m▲ 253%
Financial charges65/66B€643,758€2.5m€8.0m€2.9m€1.5m▼ 47.5%
Recurring financial charges65€628,633€2.5m€2.3m€2.6m€1.5m▼ 41.4%
Debt charges650€769,366€1.1m€1.5m€1.5m€1.2m▼ 17.3%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€215,146€1.3m€687,403€931,903-€1.4m▼ 255%
Other financial charges652/9€74,413€66,095€129,293€160,736€1.7m▲ 977%
Non-recurring financial charges66B€15,125-€5.7m€300,000€0▼ 100%
Profit (loss) for the period before taxes9903€40.9m€14.3m-€1.6m€4.9m€10.7m▲ 120%
Income taxes67/77€4,354€336,491€2,576€21,924-€338,559▼ 1,644%
Taxes670/3€78,214€440,347€131,648€117,676€118,333▲ 0.6%
Tax adjustments and reversals of tax provisions77€73,860€103,856€129,072€95,752€456,892▲ 377%
Profit (loss) for the period9904€40.9m€14.0m-€1.6m€4.9m€11.0m▲ 128%
Transfer from tax-exempt reserves789€19,366-----
Profit (loss) for the period to be appropriated9905€40.9m€14.0m-€1.6m€4.9m€11.0m▲ 128%
Line20212022202320242025Change
Assets
Total assets20/58€155.2m€158.2m€153.7m€157.0m€168.6m▲ 7.4%
Fixed assets21/28€114.4m€121.3m€109.8m€111.6m€121.2m▲ 8.6%
Tangible fixed assets22/27€6.7m€8.2m€8.0m€9.6m€23.3m▲ 143%
Land and buildings22€6.3m€7.8m€7.6m€7.9m€13.3m▲ 68.1%
Furniture and vehicles24€392,280€365,182€346,937€10,060€527,177▲ 5,140%
Leasing and similar rights25--€86,802€69,177€51,552▼ 25.5%
Other tangible fixed assets26€48,643€32,264€15,886€343,539€3.0m▲ 779%
Assets under construction and advance payments27---€1.3m€6.5m▲ 408%
Financial fixed assets28€107.7m€113.0m€101.8m€102.0m€97.9m▼ 4.0%
Affiliated companies280/1€107.1m€107.2m€95.8m€95.7m€92.7m▼ 3.1%
Participating interests280€107.1m€107.2m€95.8m€95.7m€92.7m▼ 3.1%
Companies linked by participating interests282/3€574,565€5.8m€5.8m€6.1m€5.2m▼ 15.2%
Participating interests282€574,565€5.8m€5.8m€6.1m€5.2m▼ 15.2%
Other financial fixed assets284/8€200€200€200,200€201,700€1,700▼ 99.2%
Shares284--€200,000€200,000€0▼ 100%
Amounts receivable and cash guarantees285/8€200€200€200€1,700€1,700=
Current assets29/58€40.8m€36.9m€43.9m€45.4m€47.4m▲ 4.3%
Amounts receivable after more than one year29€18.8m€19.5m€27.8m€28.8m€30.4m▲ 5.3%
Other amounts receivable291€18.8m€19.5m€27.8m€28.8m€30.4m▲ 5.3%
Stocks and contracts in progress3--€0€0€0-
Amounts receivable within one year40/41€2.4m€1.3m€418,848€392,109€239,040▼ 39.0%
Trade receivables40€61,378€84,312€107,094€117,279€80,965▼ 31.0%
Other amounts receivable41€2.3m€1.2m€311,754€274,831€158,076▼ 42.5%
Current investments50/53€13.7m€13.2m€13.3m€14.6m€15.3m▲ 5.0%
Other investments51/53€13.7m€13.2m€13.3m€14.6m€15.3m▲ 5.0%
Cash at bank and in hand54/58€5.7m€2.8m€2.1m€1.2m€1.5m▲ 19.8%
Deferred charges and accrued income490/1€180,183€193,294€259,542€425,039€39,682▼ 90.7%
Equity and liabilities
Total equity and liabilities10/49€155.2m€158.2m€153.7m€157.0m€168.6m▲ 7.4%
Equity10/15€102.0m€116.0m€113.7m€117.8m€127.6m▲ 8.4%
Contributions10/11€33.0m€33.0m€33.0m€33.0m€33.0m=
Capital10€33.0m€33.0m€33.0m€33.0m€33.0m=
Issued capital100€33.0m€33.0m€33.0m€33.0m€33.0m=
Reserves13€6.8m€6.8m€6.8m€6.8m€6.8m=
Non-distributable reserves130/1€3.3m€3.3m€3.3m€3.3m€3.3m=
Legal reserve130€3.3m€3.3m€3.3m€3.3m€3.3m=
Tax-exempt reserves132€14,267€14,267€14,267€14,267€14,267=
Distributable reserves133€3.5m€3.5m€3.5m€3.5m€3.5m=
Profit (loss) carried forward14€62.3m€76.3m€74.0m€78.1m€87.9m▲ 12.6%
Provisions and deferred taxes16-€16,962€0---
Provisions for liabilities and charges160/5-€16,962€0---
Other liabilities and charges164/5-€16,962€0---
Amounts payable17/49€53.2m€42.1m€40.1m€39.2m€41.0m▲ 4.5%
Amounts payable after more than one year17€39.9m€32.6m€28.5m€13.9m€16.1m▲ 15.8%
Financial debts170/4€26.3m€27.0m€25.6m€13.9m€16.1m▲ 15.8%
Subordinated loans170€424,465€410,960€396,293€380,431€363,267▼ 4.5%
Leasing and similar obligations172--€65,734€44,269€22,009▼ 50.3%
Credit institutions173€23.8m€24.7m€24.1m€13.5m€15.8m▲ 16.5%
Other loans174€2.0m€1.9m€1.1m€0--
Other amounts payable178/9€13.6m€5.6m€2.8m€0--
Amounts payable within one year42/48€13.0m€9.0m€11.4m€25.2m€24.8m▼ 1.7%
Current portion of amounts payable after more than one year42€845,972€3.6m€3.7m€13.7m€10.7m▼ 21.6%
Financial debts43€11.5m€4.8m€6.5m€9.7m€11.5m▲ 18.6%
Credit institutions430/8€11.5m€4.8m€6.5m€9.7m€11.5m▲ 18.6%
Trade debts44€618,067€269,068€58,557€682,125€831,543▲ 21.9%
Suppliers440/4€618,067€269,068€58,557€682,125€831,543▲ 21.9%
Taxes, remuneration and social security45€13,456€357,221€358,495€386,884€105,912▼ 72.6%
Taxes450/3€741€340,128€346,542€370,821€88,058▼ 76.3%
Remuneration and social security454/9€12,714€17,093€11,953€16,062€17,855▲ 11.2%
Other amounts payable47/48--€750,000€750,000€1.6m▲ 115%
Accrued charges and deferred income492/3€293,291€470,539€246,123€112,584€82,306▼ 26.9%
Line20212022202320242025Change
Profit (loss) for the period9904€40.9m€14.0m-€1.6m€4.9m€11.0m▲ 128%
+ Depreciation and write-downs630€367,327€319,271€484,165€386,815€955,786▲ 147%
Operating cash flow (approximation)€41.3m€14.3m-€1.1m€5.2m€12.0m▲ 129%
Investment in fixed assets (approximation)--€7.2m€10.9m-€2.1m-€10.6m▼ 399%
Change in cash--€3.0m-€606,025-€934,588€240,010▲ 126%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
07-07
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
2024
31-12
Financial Back to profitnet €4.9m
Net result €4.9m after one loss-making year.
19-12
State Gazette act Resignation: Baker Tilly Belgium Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Steven Meyvaert, Christel De Blander and Maarten Poel · Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor) · Power of attorney8 facts ▸
  • General meeting, 13-11-2024
  • Director resignation, Baker Tilly Belgium Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Steven Meyvaert
  • Permanent representative, Christel De Blander
  • Auditor appointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Maarten Poel
  • Power of attorney, Eubelius BV
  • Power of attorney, de bestuurder(s) van KOIBA
11-07
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
02-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
28-12
State Gazette act Resignations: Mark Vandecruys (director) and Ann Steenbrugghe (director)
Reappointments: Mark Vandecruys (director) and Ann Steenbrugghe (director) · Appointments: Mark Vandecruys (managing director) and Ann Steenbrugghe (managing director) · Name change10 facts ▸
  • General meeting, 15-12-2023
  • Name change, KOIBA
  • Statutes amendment
  • Capital, €32.950.595,39
  • Director resignation, Mark Vandecruys (director)
  • Director resignation, Ann Steenbrugghe (director)
  • Director reappointment, Mark Vandecruys (director)
  • Director reappointment, Ann Steenbrugghe (director)
  • Director appointment, Mark Vandecruys (managing director)
  • Director appointment, Ann Steenbrugghe (managing director)
09-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 9 days late
09-08
NBB filing Annual accounts filed
fiscal year 2022 · consolidated · 9 days late
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
Show earlier events
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
23-02
State Gazette act Resignation: Peter Leyns (statutory auditor)
Appointment: Baker Tilly Belgium Bedrijfsrevisoren CVBA (statutory auditor)3 facts ▸
  • General meeting, 16-07-2021
  • Director resignation, Peter Leyns (statutory auditor)
  • Auditor appointment, Baker Tilly Belgium Bedrijfsrevisoren CVBA (statutory auditor)
2021
31-12
Financial Back to profitnet €40.9m
Net result €40.9m after one loss-making year.
31-12
Financial Equity above €100mEq €102.0m ▲56.9%
Equity rises from €65.0m to €102.0m.
2020
31-12
Financial Weakest financial yearnet -€3.9m
Net result drops to -€3.9m, the lowest in the series; recovery starts the following year.
29-09
State Gazette act Reappointments: Steenbrugghe Ann (director) and Vandecruys Mark (director)
6 facts ▸
  • General meeting, 30-06-2020
  • Director reappointment, Steenbrugghe Ann (director)
  • Director reappointment, Vandecruys Mark (director)
  • Board meeting, 30-06-2020
  • Director reappointment, Steenbrugghe Ann (managing director)
  • Director reappointment, Vandecruys Mark (managing director)
2018
14-12
State Gazette act Reappointment: Peter Leyns (statutory auditor)
2 facts ▸
  • General meeting, 30-06-2018
  • Auditor reappointment, Peter Leyns (statutory auditor)
2017
26-06
State Gazette act Capital & shares
Capital decrease · Capital · Statutes amendment7 facts ▸
  • General meeting, 08-06-2017
  • Capital decrease, €8.000.000
  • Capital, €32.950.595,39
  • Statutes amendment
  • Capital decrease distribution, 7961533.50, EUR
  • Capital decrease distribution, 11617.40, EUR
  • Capital decrease distribution, 26849.10, EUR
2016
04-07
State Gazette act Appointment: Peter Leyns (statutory auditor)
2 facts ▸
  • General meeting, 27/05/2016
  • Auditor appointment, Peter Leyns (statutory auditor)
2015
23-06
State Gazette act Resignation: Steven Geirnaert (director)
Approval · Director discharge5 facts ▸
  • General meeting, 27-05-2015
  • Approval, 27-05-2015
  • General meeting, 29-05-2015
  • Director resignation, Steven Geirnaert (director)
  • Director discharge, Steven Geirnaert (director)
2014
31-12
State Gazette act Resignations: Mark Vandecruys, Ann Steenbrugghe and Steven Geirnaert
Reappointments: Mark Vandecruys, Ann Steenbrugghe and Steven Geirnaert · Appointments: Mark Vandecruys (managing director) and Ann Steenbrugghe (managing director) · Purpose change11 facts ▸
  • General meeting, 11-12-2014
  • Purpose change, Het aangaan van transacties in financiële instrumenten in de meest ruime zin van het woord, met inbegrip van opties en andere afgeleide producten, en het doen v…
  • Director resignation, Mark Vandecruys (director)
  • Director resignation, Ann Steenbrugghe (director)
  • Director resignation, Steven Geirnaert (director)
  • Director reappointment, Mark Vandecruys (director)
  • Director reappointment, Ann Steenbrugghe (director)
  • Director reappointment, Steven Geirnaert (director)
  • Board meeting, 11-12-2014
  • Director appointment, Mark Vandecruys (managing director)
  • Director appointment, Ann Steenbrugghe (managing director)
2013
25-10
State Gazette act Capital & shares
Capital increase · Share issue · Capital6 facts ▸
  • General meeting, 04-10-2013
  • Capital increase, €40.889.095,39
  • Share issue, nieuwe aandelen zonder nominale waarde, 30883
  • Capital, €40.950.595,39
  • Statutes amendment
  • Power of attorney, BDO
17-01
State Gazette act Statutes amendment
Name change · Power of attorney3 facts ▸
  • General meeting, 19-12-2012
  • Name change, KOIBA NV
  • Power of attorney, BDO
2012
08-11
State Gazette act Restructuring
Demerger · Real estate · Share issue21 facts ▸
  • General meeting, 25-10-2012
  • Demerger, partielle splitsing, onroerende goederen activiteit
  • Real estate, Een magazijn met bijhorend terrein
  • Real estate, Een magazijn met bijhorend terrein
  • Real estate, Een magazijn met bijhorend terrein
  • Real estate, Bedrijfsgebouw met bijhorend terrein
  • Real estate, Een magazijn met bijhorend terrein
  • Real estate, Magazijn met bijhorend terrein
  • Real estate, Complex omvattende toonzaal, magazijn en appartement plus grond
  • Share issue, volgestorte aandelen, 100
  • Share issue, 98
  • Share issue, 2
  • +9 further facts in this act
11-05
State Gazette act Restructuring
Demerger · Share issue · Accounting effect27 facts ▸
  • Demerger, Overdracht van een gedeelte van het vermogen naar de nieuw op te richten BVBA MELIS-VANDECRUYS, partielle splitsing door oprichting
  • Demerger, Overdracht van een gedeelte van het vermogen naar de nieuw op te richten BVBA MELIS-VANDECRUYS, partielle splitsing door oprichting
  • Share issue, aandelen op naam, 100
  • Accounting effect, 01-01-2012
  • Real estate, Handelspand op en met grond, Xavier De Cocklaan 7, 9831 Sint-Martens-Latem (Deurle), 348 m²
  • Real estate, Twee woonhuizen met aanhorigheden en tuin, Xavier De Cocklaan 21-23, 9831 Sint-Martens-Latem (Deurle), 409 m²
  • Real estate, Handelspand (magazijn/werkplaats), Europalaan 83, 9800 Deinze, 3.396,46 m²
  • Real estate, Perceel grond en huis, Europalaan 91-93, 9800 Deinze (Petegem aan de Leie), 797,56 m² + 7a74ca
  • Real estate, Industriecomplex, Europalaan 73-75, 9800 Deinze, 50a6ca
  • Real estate, Industriecomplex, Industriezone 2 'Leyhoek', Europalaan, 9800 Deinze, 7.237,26 m²
  • Real estate, Onroerend goed, Rimons (Gironde), 4 Laubrade, 'Le Grand Boucaud', Frankrijk, 92a87ca
  • Real estate, Bedrijfsgebouw met bijhorend terrein, Aarschotse Steenweg 200/A, 2230 Herselt, 4.137 m²
  • +15 further facts in this act
2010
27-05
State Gazette act Restructuring
Demerger · Real estate · Capital increase17 facts ▸
  • General meeting, 29-04-2010
  • Demerger, 29-04-2010
  • Real estate, Bedrijfsgebouwen (toerzaal, magazijnen) en bijhorende grond te 2550 Kontich, Mechelsesteenweg 305
  • Capital increase, €12,92
  • Share issue, fully paid, 1
  • Accounting effect, 01-09-2009
  • Statutes amendment
  • Power of attorney, Houthandel Van den Eynde
  • Power of attorney, MARK VANDECRUYS
  • Exchange ratio, 56.75, 1
  • Real estate market value, marktwaarde, 2450000.00
  • Revaluation surplus, 1061410.46, 499 of 500 shares in BVBA Houthandel Van den Eynde already held by NV Mark Vandecruys
  • +5 further facts in this act
2009
07-12
State Gazette act Restructuring · Miscellaneous
Demerger1 fact ▸
  • Demerger, partieel, 01-09-2009
2008
01-08
State Gazette act Permanent representative: Steven GEIRNAERT
2 facts ▸
  • General meeting, 18-07-2008
  • Permanent representative, Steven GEIRNAERT
04-06
State Gazette act Appointment: René van Schaik (director)
Permanent representative: René van Schaik3 facts ▸
  • General meeting, 07-01-2008
  • Director appointment, René van Schaik (director)
  • Permanent representative, René van Schaik
2007
02-01
State Gazette act Restructuring · Miscellaneous
Demerger · Erratum2 facts ▸
  • Demerger, partial, 01-10-2006
  • Erratum, Erratum verslag van de Raad van Bestuur van het voorstel tot partiële splitsing
2006
22-05
State Gazette act Restructuring · Miscellaneous
Permanent representative: Mark Vandecruys · Demerger2 facts ▸
  • Demerger, 31 december 2005
  • Permanent representative, Mark Vandecruys
22-05
State Gazette act Restructuring · Miscellaneous
Demerger1 fact ▸
  • Demerger, partielle splitsing, 31-12-2005
2005
10-10
State Gazette act Restructuring
Permanent representative: Mark Vandecruys · Demerger2 facts ▸
  • Demerger, 01-07-2005
  • Permanent representative, Mark Vandecruys
10-10
State Gazette act Restructuring · Miscellaneous
Demerger1 fact ▸
  • Demerger, partiele splitsing, 01-07-2005
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
22 of 22 acts read

Directors · office · real estate

Directors
2 directors, 2 in day-to-day management, no change since 2023

Board 2

Current
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
René van Schaik
Director · since 07-01-2008
Not recently confirmed

Day-to-day management 2

Ann Steenbrugghe
Managing director · since 11-12-2014
Current
Mark Vandecruys
Managing director · since 11-12-2014
Current

Statutory auditor 1

KPMG Réviseurs d'Entreprises
Statutory auditor · since 13-11-2024 · perm. rep.: Maarten Poel
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
471 m²
Building footprint
313 m²
Volume, LiDAR
3,255 m³
Parcel 44022A0434/00C000, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Gentbruggekouter 7, 9050 Gent
Air transport
since 19992.090.582.897
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44022A0434/00C000 Flanders 471 m² 1 · 313 m² 15.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

8 people since 2008, 4 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Ann Steenbrugghe
  • Director, already before 11-12-2014 to date
  • Managing director, from 11-12-2014 to date
Mark Vandecruys
  • Director, already before 11-12-2014 to date
  • Managing director, from 11-12-2014 to date
KPMG Réviseurs d'Entreprises
  • Statutory auditor, from 13-11-2024 to date
René van Schaik
  • Director, from 07-01-2008 not ended, last confirmed 04-06-2008
Baker Tilly Bedrijfsrevisoren
  • Statutory auditor, until 13-11-2024
Baker Tilly Belgium Bedrijfsrevisoren CVBA
  • Statutory auditor, from 16-07-2021 to 13-11-2024
Peter Leyns
  • Statutory auditor, from 04-07-2016 to 16-07-2021
Steven Geirnaert
  • Director, already before 11-12-2014 to 28-05-2015
See the board, name and seat on a given date →

Articles of association

Purpose
1. Algemeen management advies, operationeel algemeen management, project management, verkoop en marketing - advies, directe verkoop. 2. Productie van audio-visuele en multimediale…
Full purpose

1. Algemeen management advies, operationeel algemeen management, project management, verkoop en marketing - advies, directe verkoop. 2. Productie van audio-visuele en multimediale realisaties zoals film, video, tentoonstellingen, cd-rom, dvd, informatica en andere. 3. Het nemen van belangen, op welke wijze ook, in andere vennootschappen en ondernemingen (holding). 4. Het beheer van onroerende en roerende goederen alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van deze goederen te bevorderen, zoals onderhoud, verfraaiïng en verhuring, evenals alle verrichtingen van onroerende, roerende en financiële aard die rechtstreeks of onrechtstreeks met dit voorwerp verwant zijn of die de verwezenlijking ervan bevorderen. 5. Het verlenen van bijstand en hulp onder de meest verschillende vormen aan derden, bijvoorbeeld andere vennootschappen en/of éénmanszaken, en dit op het vlak van het bestuur en organisatie enzovoort; het verlenen van adviezen en intellectuele en administratieve hulp, het ter beschikking stellen aan derden onder welke vorm ook van benodigdheden, materiaal, instrumenten, hard- en software, het uitvoeren in verband met hetgeen voorafgaat van concrete projecten, het dienstbetoon inzake organisatie en toepassing van de meest verschillende wetgevingen, het ter beschikking stellen van management, het uitoefenen van bedrijfsleiding en het organiseren ervan, alsook het waarnemen van het beheer op alle niveau's, zowel voor eigen rekening als voor rekening of in deelneming met derden, van ondernemingen onder om het even welke vorm, en dit zonder enige beperking; het uitoefenen van bestuursmandaten in andere vennootschappen. 6. Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding; 7. Managementactiviteiten van holdings : het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van het bezit van of de controle over het kapitaal en andere managementactiviteiten. 8. Verhuur van al dan niet gemeubelde appartementen en huizen; 9. Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen, handelspanden, tentoonstellingsruimten, enz… 10. Het aangaan van transacties in financiële instrumenten in de meest ruime zin van het woord, met inbegrip van opties en andere afgeleide producten, en het doen van beleggingen in alle mogelijke vormen, al dan niet speculatief van aard.

Structure & network

Heads the group KOIBA 14 companies Group, risk and exposure

Owners and holdings

4 owners · 6 holdings · 25 subsidiaries in the tree

Owners 4

Holdings 6

All subsidiaries, including indirect ones 25

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of KOIBA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

2 board mandates
KOIBABE 0465.495.377
controls
Where this company holds controlsubsidiary per the LEI register2
Kampenhout
Board mandates of this companythis company sits on their board2

Acquisitions and mergers

4 transactions
Received in a demerger part of:Houthandel Van den Eynde
partial demerger · State Gazette act of 27-05-2010 (2 acts) · effective 29-04-2010
Split off to:MELIS-VANDECRUYS
partial demerger · State Gazette act of 08-11-2012
Split off to:BVBA MELIS-VANDECRUYS
partial demerger · proposal · State Gazette act of 11-05-2012
Split off to:All Trading Service NV
partial demerger · proposal · State Gazette act of 02-01-2007 · effective 01-10-2006

Capital and shareholders

Capital over the years
  1. 28-12-2023 Capital stated in the act · 32,950,595.39 EUR · 30,988 shares
  2. 26-06-2017 Capital reduction of 8,000,000 EUR · to 32,950,595.39 EUR · repaid to the shareholders
  3. 25-10-2013 Capital increase of 40,889,095.39 EUR · to 40,950,595.39 EUR · in kind
  4. 08-11-2012 Capital reduction of 67,799.14 EUR · to 33,224.21 EUR · “evenredige aanpassing van de fractiewaarde”
  5. 08-11-2012 Capital increase of 28,275.79 EUR · to 61,500 EUR · from reserves
  6. 27-05-2010 Capital increase of 12.92 EUR · to 101,023.35 EUR · 1 new share

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 225,000 EUR awarded
Year Entries awardedpaid
2025 1 225,000 EUR0 EUR
Schemes

Recognitions · licences · registrations

Legal Entity Identifier

5299006ZFJ3QLCMDUP02
live in the LEI register

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 1,585 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded23-02-1999
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465495377
Registered 14-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.