ACTIVE

CUROSA

Financial year 2025 · closed on 31/12/2025
Net result
66,3 k €
+158.3% YoY
Gross margin
-2,6 k €
+1.7% YoY
Equity
4,1 M €
+1.6% YoY
Workforce
0,0 ETP

What does CUROSA do?

CUROSA is a Public limited company incorporated in 1973. Its main activity is: Management consultancy activities. Its registered office is in Houthalen-Helchteren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.693.617
Incorporation
09/11/1973
Legal form
Public limited company
Registered office
Bronweg 57
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
899 044,70 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (3)
  • 106
  • 10602
  • 218
Signals
ProfitableSolid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201120102009200820072006
Income statement
Gross margin-2,6 k €-2,6 k €7,8 k €38,5 k €2 M €1,2 M €1,4 M €1,5 M €
EBITDA-103,8 k €-4,8 k €7,5 k €38,1 k €2 M €-70,1 k €366,1 k €422,2 k €264,2 k €286,2 k €535,1 k €420,2 k €812,5 k €578,1 k €334,6 k €1 M €689,6 k €402,9 k €543,6 k €
Operating result8,2 k €-5,7 k €6,3 k €36,9 k €1,9 M €-170,2 k €283,9 k €316,2 k €164,8 k €186,5 k €485,3 k €393,3 k €781,4 k €438,6 k €163 k €787,4 k €557,7 k €398,8 k €535,3 k €
Net result66,3 k €25,7 k €10,4 k €35,2 k €1,3 M €684,5 k €-548 k €-361,2 k €-665,3 k €434 k €351,7 k €288,2 k €712,6 k €421,4 k €243,5 k €634,4 k €528,6 k €331,3 k €2,5 M €
Balance sheet
Equity4,1 M €4 M €4 M €4 M €4 M €2,7 M €2 M €2,5 M €2,9 M €3,6 M €3,1 M €2,8 M €2,5 M €7 M €6,6 M €6,3 M €5,7 M €3,3 M €3 M €
Total assets4,1 M €4,1 M €4,1 M €4,2 M €4,2 M €3,6 M €2,7 M €3,1 M €3,3 M €4,1 M €4,3 M €4,9 M €4,8 M €8,1 M €7,9 M €7,2 M €6,7 M €5,2 M €4,7 M €
Cash332,2 €167,7 €836,3 €4,3 k €174,1 k €94,2 k €244,7 k €38,6 k €71,5 k €263 k €678,9 k €405,8 k €352,8 k €2 M €1,7 M €2,9 M €2,2 M €1,8 M €1 M €
Debts797,9 €934,9 €15,5 k €73,6 k €184,4 k €822,9 k €642,8 k €512,7 k €334,4 k €450,4 k €1,1 M €2,1 M €2,3 M €1,1 M €1,3 M €871,3 k €1 M €1,9 M €1,7 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP18,7 ETP19,7 ETP19,3 ETP19,2 ETP19,2 ETP18,9 ETP21,3 ETP22,4 ETP25,5 ETP24,9 ETP26,5 ETP5,3 ETP2,8 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

ECHOBEL

Managing director · since 13 mai 2017 · 0401.294.443

Represented by Bob Cuyvers

Active
GALM PARTICIPATIES

Director · since 28 septembre 2005 · 0463.583.586

Represented by Bob Cuyvers

Active
Marc Cuyvers

Wettelijke vertegenwoordiger · since 28 septembre 2005

Active
Bob Cuyvers

Wettelijke vertegenwoordiger · since 19 septembre 2005

Active

Ended mandates

ECHOBEL

Director · since 23 juillet 2017 · until 13 mai 2023 · 0401.294.443

Represented by Bob Cuyvers

Ended
GALM PARTICIPATIES

Director · since 23 juillet 2017 · until 13 mai 2023 · 0463.583.586

Represented by Bob Cuyvers

Ended
ECHOBEL

Director · since 13 mai 2017 · 0401.294.443

Represented by Bob Cuyvers

Ended
ECHOBEL

Director · since 13 mai 2017 · until 13 mai 2023 · 0401.294.443

Represented by Bob Cuyvers

Ended
At this address

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0401.294.443
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0760.911.055
0463.583.586
Gills & ScalesActive
0541.580.296
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202630/05/202526/07/202429/08/202331/08/202227/08/2021
General meeting09/05/202610/05/202511/05/202413/05/202314/05/202208/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/05/202629/06/2026DutchPDF
Abridged model31/12/202410/05/202530/05/2025DutchPDF
Abridged model31/12/202311/05/202426/07/2024DutchPDF
Abridged model31/12/202213/05/202329/08/2023DutchPDF
Abridged model31/12/202114/05/202231/08/2022DutchPDF
Abridged model31/12/202008/05/202127/08/2021DutchPDF
Abridged modelCorrection31/12/201909/05/202027/08/2021DutchPDF
Abridged model31/12/201909/05/202031/07/2020DutchPDF
Full model31/12/201811/05/201924/06/2019DutchPDF
Full model31/12/201712/05/201828/06/2018DutchPDF
Full model31/12/201613/05/201715/07/2017DutchPDF
Abridged model31/12/201514/05/201626/06/2016DutchPDF
Full model31/12/201409/05/201519/06/2015DutchPDF
Full model31/12/201310/05/201425/06/2014DutchPDF
Full model31/12/201230/08/201330/08/2013DutchPDF
Full model31/12/201129/06/201208/08/2012DutchPDF
Full model31/12/201014/05/201110/06/2011DutchPDF
Full model31/12/200908/05/201002/06/2010DutchPDF
Full model31/12/200809/05/200902/06/2009DutchPDF
Full model31/12/200710/05/200804/06/2008DutchPDF
Full model31/12/200612/05/200729/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

ECHOBEL

Managing director · since 13 mai 2017 · 0401.294.443

Represented by Bob Cuyvers

Active
GALM PARTICIPATIES

Director · since 28 septembre 2005 · 0463.583.586

Represented by Bob Cuyvers

Active
Marc Cuyvers

Wettelijke vertegenwoordiger · since 28 septembre 2005

Active
Bob Cuyvers

Wettelijke vertegenwoordiger · since 19 septembre 2005

Active

Ended mandates

ECHOBEL

Director · since 23 juillet 2017 · until 13 mai 2023 · 0401.294.443

Represented by Bob Cuyvers

Ended
GALM PARTICIPATIES

Director · since 23 juillet 2017 · until 13 mai 2023 · 0463.583.586

Represented by Bob Cuyvers

Ended
ECHOBEL

Director · since 13 mai 2017 · 0401.294.443

Represented by Bob Cuyvers

Ended
ECHOBEL

Director · since 13 mai 2017 · until 13 mai 2023 · 0401.294.443

Represented by Bob Cuyvers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office30/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares06/04/2021
    KAPITAAL - AANDELEN
    PDF
  • Registered office19/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares11/01/2021
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Mandates08/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/01/2010
    _: WIJZIGING VAN HET DOEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202566,3 k €
  2. 2024
    Annual accounts 202425,7 k €
  3. 2023
    Annual accounts 202310,4 k €
  4. 2022
    Annual accounts 202235,2 k €
  5. 2021
    Annual accounts 20211,3 M €
  6. 2020
    Annual accounts 2020684,5 k €
  7. 2019
    Annual accounts 2019-548 k €
  8. 2019
    Name changeCurosa
  9. 2018
    Annual accounts 2018-361,2 k €
  10. 2017
    Annual accounts 2017-665,3 k €
  11. 2016
    Annual accounts 2016434 k €
  12. 2015
    Annual accounts 2015351,7 k €
  13. 2014
    Annual accounts 2014288,2 k €
  14. 2013
    Annual accounts 2013712,6 k €
  15. 2011
    Annual accounts 2011421,4 k €
  16. 2010
    Annual accounts 2010243,5 k €
  17. 2009
    Annual accounts 2009634,4 k €
  18. 2008
    Annual accounts 2008528,6 k €
  19. 2007
    Annual accounts 2007331,3 k €
  20. 2006
    Annual accounts 20062,5 M €
  21. 2006
    Name changeVAHEJA
  22. 09/11/1973
    IncorporationPublic limited company