KOUTERLOS
ActiveSummary
KOUTERLOS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €364,085 and a net result of €42,820. Equity has been growing by about 6.4% per year since 2019. Its solvency ranks better than 66% of 1,114 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-04-1993 Normal situation
- Registered office
- 23 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Operation of sports facilities NACE 93110and 3 others
- Establishment unit
- 2.063.185.842 9800 Deinze, since 03-08-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- FIDERO INVESTManaging director · permanent representative Melissa De Craemer
- FIDERNO INVEST BVDirector · since 21-12-2022
- JEUNEHOMMEDirector · since 10-04-2025 · permanent representative Kurt Dejonckheere
- FIDERO INVEST15%· score 9630-06-2025 annual accounts of FIDERO INVEST
- Herwebo15%· score 6530-06-2025 annual accounts of Herwebo
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €111,652
- Turnover
- ≈ €280,000
- estimated
- Profit
- €42,820
- Equity
- €364,085
- Total assets
- €758,177
- 2025 accounts filed 32 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 32 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.41, cash €15,593, halvedlowers riskSize: total assets €758,177Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 65% of them on solvency, 56% on liquidity and 48% on profitability.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 32 days after the deadline Filed on 1 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00497174.
Annual accounts 2025 filed on 01-09-2026 at the NBB all 32 filings
Every figure per financial year
The operating result for 2025 is 155% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 2025 |
|---|---|---|---|---|---|
| Carrying value of the mortgaged assets | €321,499 | €321,499 | €321,499 | €321,490 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €57,394 | €5,988 | - | - | €47,383 |
| Depreciation and write-downs of the year | €16,621 | €21,928 | €20,476 | €20,285 | €25,408 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €386,095 awarded| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,625 | €15,625 | €16,621 | €21,928 | €20,476 | €20,285 | €25,408 | ▲ 25.3% |
| Other operating charges640/8 | - | - | €10,332 | €4,227 | €5,085 | €4,736 | €9,051 | ▲ 91.1% |
| Gross operating margin9900 | €46,269 | €44,636 | €42,230 | €62,277 | €58,543 | €55,337 | €111,652 | ▲ 102% |
| Operating profit (loss)9901 | €27,262 | €24,023 | €15,276 | €36,121 | €32,982 | €30,317 | €77,193 | ▲ 155% |
| Financial income75/76B | - | - | - | €7 | - | - | €3 | - |
| Recurring financial income75 | - | - | - | €7 | - | - | €3 | - |
| Financial charges65/66B | - | - | €8,104 | €7,749 | €6,724 | €5,492 | €19,679 | ▲ 258% |
| Recurring financial charges65 | €9,307 | €8,420 | €8,104 | €7,749 | €6,724 | €5,492 | €19,679 | ▲ 258% |
| Profit (loss) for the period before taxes9903 | €17,954 | €15,602 | €7,173 | €28,379 | €26,258 | €24,825 | €57,517 | ▲ 132% |
| Income taxes67/77 | - | - | €1,255 | €7,567 | €8,385 | €6,206 | €14,697 | ▲ 137% |
| Profit (loss) for the period9904 | €17,954 | €15,602 | €5,918 | €20,812 | €17,873 | €18,619 | €42,820 | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €17,954 | €15,602 | €5,918 | €20,812 | €17,873 | €18,619 | €42,820 | ▲ 130% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €786,088 | €780,492 | €867,921 | €801,780 | €781,088 | €766,030 | €758,177 | ▼ 1.0% |
| Fixed assets21/28 | €737,724 | €722,099 | €762,872 | €746,931 | €726,456 | €706,171 | €728,146 | ▲ 3.1% |
| Tangible fixed assets22/27 | €737,724 | €722,099 | €762,872 | €746,931 | €726,456 | €706,171 | €728,146 | ▲ 3.1% |
| Land and buildings22 | - | - | €762,490 | €746,740 | €726,456 | €706,171 | €680,781 | ▼ 3.6% |
| Plant, machinery and equipment23 | - | - | €382 | €191 | - | - | €47,365 | - |
| Current assets29/58 | €48,364 | €58,394 | €105,049 | €54,848 | €54,632 | €59,859 | €30,031 | ▼ 49.8% |
| Amounts receivable within one year40/41 | €29,531 | €18,531 | €53,070 | €1,313 | €1,313 | €5,107 | €12,734 | ▲ 149% |
| Trade receivables40 | - | - | €49,039 | - | - | - | €2,854 | - |
| Other amounts receivable41 | - | - | €4,031 | €1,313 | €1,313 | €5,107 | €9,880 | ▲ 93.4% |
| Current investments50/53 | €100 | €100 | €100 | €100 | €100 | €100 | €100 | = |
| Cash at bank and in hand54/58 | €18,733 | €35,900 | €51,879 | €53,435 | €53,219 | €53,652 | €15,593 | ▼ 70.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €1,000 | €1,604 | ▲ 60.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €786,088 | €780,492 | €867,921 | €801,780 | €781,088 | €766,030 | €758,177 | ▼ 1.0% |
| Equity10/15 | €242,442 | €258,044 | €263,961 | €284,774 | €302,647 | €321,265 | €364,085 | ▲ 13.3% |
| Contributions10/11 | €170,030 | €170,030 | €170,030 | €170,030 | €170,030 | €170,030 | €170,030 | = |
| Capital10 | - | - | €170,030 | €170,030 | €170,030 | €170,030 | €170,030 | = |
| Issued capital100 | - | - | €170,030 | €170,030 | €170,030 | €170,030 | €170,030 | = |
| Reserves13 | €17,103 | €17,103 | €17,103 | €17,103 | €34,976 | €34,976 | €34,976 | = |
| Non-distributable reserves130/1 | - | - | €17,103 | €17,103 | €17,103 | €17,103 | €17,103 | = |
| Legal reserve130 | - | - | €17,003 | €17,003 | €17,003 | €17,003 | €17,003 | = |
| Own shares acquired1312 | - | - | €100 | €100 | €100 | €100 | - | - |
| Other1319 | - | - | - | - | - | - | €100 | - |
| Distributable reserves133 | - | - | - | - | €17,873 | €17,873 | €17,873 | = |
| Profit (loss) carried forward14 | €55,309 | €70,911 | €76,828 | €97,641 | €97,641 | €116,259 | €159,079 | ▲ 36.8% |
| Amounts payable17/49 | €543,646 | €522,448 | €603,960 | €517,006 | €478,441 | €444,765 | €394,092 | ▼ 11.4% |
| Amounts payable after more than one year17 | €428,633 | €404,676 | €417,151 | €385,177 | €352,144 | €317,977 | €320,554 | ▲ 0.8% |
| Financial debts170/4 | - | - | €417,151 | €385,177 | €352,144 | €317,977 | €320,554 | ▲ 0.8% |
| Amounts payable within one year42/48 | €86,815 | €89,574 | €158,610 | €103,631 | €98,099 | €98,269 | €72,540 | ▼ 26.2% |
| Current portion of amounts payable after more than one year42 | - | - | €30,946 | €31,974 | €33,033 | €34,166 | €49,026 | ▲ 43.5% |
| Trade debts44 | €493 | €2,370 | €63,162 | €868 | €960 | €881 | €4,589 | ▲ 421% |
| Suppliers440/4 | - | - | €63,162 | €868 | €960 | €881 | €4,589 | ▲ 421% |
| Taxes, remuneration and social security45 | - | - | €1,255 | €7,567 | €885 | - | €7,340 | - |
| Taxes450/3 | - | - | €1,255 | €7,567 | €885 | - | €7,340 | - |
| Other amounts payable47/48 | - | - | €63,246 | €63,221 | €63,221 | €63,221 | €11,584 | ▼ 81.7% |
| Accrued charges and deferred income492/3 | - | - | €28,199 | €28,199 | €28,199 | €28,519 | €999 | ▼ 96.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,954 | €15,602 | €5,918 | €20,812 | €17,873 | €18,619 | €42,820 | ▲ 130% |
| + Depreciation and write-downs630 | €15,625 | €15,625 | €16,621 | €21,928 | €20,476 | €20,285 | €25,408 | ▲ 25.3% |
| Operating cash flow (approximation) | €33,580 | €31,228 | €22,538 | €42,741 | €38,349 | €38,903 | €68,228 | ▲ 75.4% |
| Investment in fixed assets (approximation) | - | €0 | -€57,394 | -€5,988 | €0 | €0 | -€47,383 | - |
| Change in cash | - | €17,167 | €15,980 | €1,555 | -€216 | €433 | -€38,059 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as KOUTERLOS has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of KOUTERLOS itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for KOUTERLOS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-09-2026 | 2026-00497174 | |
| 30-09-2024 | micro format | 17-04-2025 | 2025-00070974 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00071585 | |
| 30-09-2022 | micro format | 25-04-2023 | 2023-00065830 | |
| 30-09-2021 | micro format | 25-04-2022 | 2022-20008172 | |
| 30-09-2020 | micro format | 23-04-2021 | 2021-11300367 | |
| 30-09-2019 | micro format | 17-04-2020 | 2020-09500165 | |
| 30-09-2018 | micro format | 30-04-2019 | 2019-11800434 | |
| 30-09-2017 | micro format | 20-04-2018 | 2018-10300272 | |
| 30-09-2016 | abbreviated format | 25-04-2017 | 2017-10400568 |
Board & ownership
Directors
Board 4
Day-to-day management 1
Permanent representatives 2
Owners and capital
Shareholders
2 ownersOwners 2
- Equity €1.2m Profit of €283,141 in 2025 (profit of €367,574 in 2024) Checked score 9615%
- Equity €1.1m Profit of €240,986 in 2025 (profit of €79,880 in 2024) Checked score 6515%
Capital transactions
- 07-06-2023 Capital stated in the deed · €170,030.17 · 6,859 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| FIDERNO INVEST BV |
|
| FIDERO INVEST |
|
| JEUNEHOMME |
|
| Tamara Geurts |
|
| Alex Ryndziewicz |
|
| Anton Stevens |
|
| Gregory Mestdagh |
|
| Jean-Pierre Van Overbergh |
|
| Jean-Claude Mestdagh |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Gewone meerderheid van aanwezige en vertegenwoordigde aandelen, zes jaar behalve bij herverkiezing”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering benoemt een of meer vereffenaars, algemene vergadering bepaalt”“Algemene vergadering kan anders besluiten bij gewone meerderheid van stemmen, alle verrichtingen vermeld in wet”
Articles of association, deed of 07-06-2023 (in Dutch)
Network & group
Companies at the same address
22 other companies- DRIEPUNTNUL Registered office · since 2025 1021711292
- PADEL FACTORY Registered office · since 2023 0801951260
- Conessence Engineering Registered office · since 2022 0794812555
- Ceres Invest Registered office · since 2021 0775683264
- Ceres Pharmaceuticals Registered office · since 2021 0407326754
- CONESSENCE EXECUTIVE SEARCH Registered office · since 2020 0749606991
- CONESSENCE INTERIM MANAGEMENT Registered office · since 2019 0740472066
- HR ESSENTIALS Registered office · since 2019 0721702467
- CONESSENCE FINANCIAL RECRUITMENT Registered office · since 2017 0681915443
- MD Pharma Registered office · since 2016 0667779672
Connections & network
3 connected companiesTimeline
Acts, filings and financial milestones
04-07
Gazette deed
Power of attorney: Frédéric Bauwens3 points ▸
- General meeting, 02-07-2025
- Power of attorney, Frédéric Bauwens
- Board meeting, “uitvoering van de genomen beslissingen, bijzondere machtiging” (deed in Dutch)
18-04
Gazette deed
Registered office moved from Destelbergen to Sint-Denijs-WestremResignations: Anton Stevens, Gregory Mestdagh and 3 others · Appointments: Tamara Geurts, Jeunehomme BV and Fidero Invest BV · Permanent representatives: Kurt Dejonckheere and Melissa De Craemer18 points ▸
- General meeting, 10-04-2025
- Director resignation, Anton Stevens (director)
- Director resignation, Gregory Mestdagh (director)
- Director resignation, Jean-Pierre Van Overbergh (director)
- Director resignation, Alex Ryndziewicz (director)
- Director resignation, Jean-Claude Mestdagh (director)
- Director appointment, Tamara Geurts (director)
- Director appointment, Jeunehomme BV (director)
- Director appointment, Fidero Invest BV (director)
- Permanent representative, Kurt Dejonckheere
- Permanent representative, Melissa De Craemer
- Board composition, Tamara Geurts (director)
- The act holds 6 more points.
07-05
Gazette deed
Appointment: Gregory Mestdagh (director)2 points ▸
- General meeting, 30-03-2024
- Director appointment, Gregory Mestdagh (director (not named in the articles))
07-06
Gazette deed
Resignations & appointmentsAmendment of the articles · Capital · Registered office clause6 points ▸
- General meeting, “buitengewone algemene vergadering, proces-verbaal” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €170,030.17
- Registered office clause, “9070 Gent (Destelbergen), Notaxlaan 32” (deed in Dutch)
- Power of attorney
- Power of attorney, Peter De Proft
19-05
Gazette deed
Registered office moved from Gent to DestelbergenReappointments: Jean-Claude Mestdagh, Alex Ryndziewicz and Anton Stevens · Appointments: Jean-Pierre Van Overbergh (director) and Anton Stevens (managing director)8 points ▸
- General meeting, 25-03-2023
- Director reappointment, Jean-Claude Mestdagh (director (not named in the articles))
- Director reappointment, Alex Ryndziewicz (director (not named in the articles))
- Director reappointment, Anton Stevens (director (not named in the articles))
- Director appointment, Jean-Pierre Van Overbergh (director (not named in the articles))
- Registered-office move, Notaxlaan 32,9070 Destelbergen
- Board meeting, 04-03-2023
- Director appointment, Anton Stevens (managing director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Notaxlaan 32, 9070 Destelbergen until 10-04-2025 · act of 18-04-2025
- Novicenstraat 4, 9031 Gent until 25-03-2023 · act of 19-05-2023
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44062B0301/00D003 | Flanders | 1.1 ha | 1 · 3,960 m² | 26.5 m · 5 |
| 44054A0522/00V000 | Flanders | 240 m² | 1 · 177 m² | 7.2 m · 2 |