ACTIVE

Georges Corman - Halleux et fils

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Financial year 2025 · Closed on 31/03/2025

Net result400,3 k €-31,6 %over 1 year

Revenue13 M €-16,5 %over 1 year

Equity2,5 M €-0,1 %over 1 year

Workforce58,6 ETP-3,1 %over 1 year

Identity

Source · BCE/KBO

Georges Corman - Halleux et fils is a Private limited company incorporated in 1979. Its main activity is: Construction of buildings. Its registered office is in Herve. It employs on average 58,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0419.222.716
Incorporation: 14/02/1979
Legal form: Private limited company
Registered office: Rue de l'Agolina 4
4650 Herve · WallonieSee on map
Contributed capital: 2 203 104,17 €
Latest accounts: 31/03/2025
Average workforce: 58,6 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 41101Development of building projects 68121Buying and selling of own real estate

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

	2025		2024		2023		2022		2018
Income statement
Revenue	13 M €	-16.5%	15,6 M €	-1.8%	15,8 M €	+12.9%	14 M €	+0.3%	14 M €
EBITDA	780,5 k €	-24.5%	1 M €	-1.0%	1 M €	+2.1%	1 M €	+50.7%	678,2 k €
Operating result	492,6 k €	-36.5%	775,6 k €	-6.3%	827,4 k €	-7.4%	893,7 k €	+277%	237,1 k €
Net result	400,3 k €	-31.6%	585,5 k €	-9.1%	644,1 k €	-5.1%	678,5 k €	+454%	122,4 k €
Balance sheet
Equity	2,5 M €	-0.1%	2,5 M €	-0.0%	2,5 M €	-0.0%	2,5 M €	-19.2%	3,1 M €
Total assets	5,1 M €	-18.8%	6,3 M €	+11.3%	5,7 M €	-8.4%	6,2 M €	-12.8%	7,1 M €
Cash	229,6 k €	-65.4%	663,3 k €	+510%	108,7 k €	-69.2%	352,3 k €	-15.8%	418,1 k €
Debts	2,6 M €	-31.6%	3,8 M €	+20.1%	3,2 M €	-11.0%	3,6 M €	-10.8%	4 M €
Other
Workforce	58,6 ETP	-3.1%	60,5 ETP	-6.3%	64,6 ETP	-1.5%	65,6 ETP	-11.7%	74,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CEDCO IMMO0723.532.995Represented by Cédric CORMAN	Directorsince 29/03/2019Managersince 29/03/2019ended
CS CONCEPT0722.899.725Represented by Sébastien CORMANN	Directorsince 29/03/2019Managersince 29/03/2019ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claude Corman	Manager05/03/2004 → 27/09/2019
Philippe Corman	Manager05/03/2004 → 27/09/2019

Other companies at this address

Rue de l'Agolina 4 4650 Herve

Company	CBE no.
COMPAGNIE IMMOBILIERE GEORGES CORMAN● Active	0441.267.351

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/10/2025	15/10/2024	25/10/2023	27/10/2022	20/10/2021	27/10/2020
General meeting	25/09/2025	23/09/2024	25/09/2023	23/09/2022	24/09/2021	30/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	25/09/2025	20/10/2025	French	PDF
Full model	31/03/2024	23/09/2024	15/10/2024	French	PDF
Full model	31/03/2023	25/09/2023	25/10/2023	French	PDF
Full model	31/03/2022	23/09/2022	27/10/2022	French	PDF
Full model	31/03/2021	24/09/2021	20/10/2021	French	PDF
Full model	31/03/2020	30/09/2020	27/10/2020	French	PDF
Full model	31/03/2019	27/09/2019	11/10/2019	French	PDF
Full model	31/03/2018	30/09/2018	10/10/2018	French	PDF
Full model	31/03/2017	22/09/2017	02/10/2017	French	PDF
Full model	31/03/2016	15/09/2016	27/09/2016	French	PDF
Full model	31/03/2015	01/09/2015	28/09/2015	French	PDF
Full model	31/03/2014	01/09/2014	06/10/2014	French	PDF
Full model	31/03/2013	02/09/2013	17/09/2013	French	PDF
Full model	31/03/2012	30/09/2012	29/10/2012	French	PDF
Full model	31/03/2011	30/09/2011	28/10/2011	French	PDF
Full model	31/03/2010	30/09/2010	15/11/2010	French	PDF
Full model	31/03/2009	30/09/2009	28/10/2009	French	PDF
Full model	31/03/2008	18/12/2008	07/01/2009	French	PDF
Full model	31/03/2007	26/11/2007	27/11/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CEDCO IMMO0723.532.995Represented by Cédric CORMAN	Directorsince 29/03/2019Managersince 29/03/2019ended
CS CONCEPT0722.899.725Represented by Sébastien CORMANN	Directorsince 29/03/2019Managersince 29/03/2019ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claude Corman	Manager05/03/2004 → 27/09/2019
Philippe Corman	Manager05/03/2004 → 27/09/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates21/02/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates24/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates18/04/2019
DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates13/02/2019
DEMISSIONS, NOMINATIONS
PDF
Other22/02/2018
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates04/12/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares09/05/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

CS CONCEPT

CEDCO IMMO

Claude Corman

Philippe Corman

197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Georges Corman - Halleux et fils

Rue de l'Agolina 4, 4650 Herve

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de l'Agolina 4, 4650 HerveCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00545470

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Georges Corman - Halleux et filsCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00545470

Events

2025
Annual accounts 2025400,3 k €↓
2024
Annual accounts 2024585,5 k €↓
2023
Annual accounts 2023644,1 k €↓
2022
Annual accounts 2022678,5 k €↑
2018
Annual accounts 2018122,4 k €↑
2017
Annual accounts 201723 k €↓
2016
Annual accounts 2016262,8 k €↓
2015
Annual accounts 2015485,9 k €↑
2014
Annual accounts 2014149,9 k €↓
2013
Annual accounts 2013404,8 k €↑
2012
Annual accounts 201279,9 k €↑
2011
Annual accounts 201139,9 k €↑
2010
Annual accounts 201016,3 k €↓
2009
Annual accounts 2009254,1 k €↑
2008
Annual accounts 2008165,5 k €↓
2007
Annual accounts 2007410 k €
14/02/1979
IncorporationPrivate limited company

Georges Corman - Halleux et fils

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events