CORACO
0419.296.653 · rovalta.com · 22/09/2026
OPENING OF BANKRUPTCY
CORACO
Financial year 2024 · closed on 30/09/2024
Net result
140,9 k €
-55.1% YoY
Revenue
10,9 M €
-47.6% YoY
Equity
-1,2 M €
+10.9% YoY
Workforce
40,9 ETP
+1.5% YoY
Company — Opening of bankruptcy.
Overview
What does CORACO do?
CORACO is a Public limited company incorporated in 1979. Its registered office is in Aarschot. It employs on average 40,9 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0419.296.653
Incorporation
21/03/1979
Legal form
Public limited company
Registered office
Gaston Geenslaan 13
3200 Aarschot · FlandreSee on map
3200 Aarschot · FlandreSee on map
Contributed capital
2 062 085,58 €
Latest accounts
30/09/2024
Average workforce
40,9 ETP
Joint committees (7)
- 124
- 12400
- 126
- 12600
- 200
- 20000
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 14 financial years
| 2024 | 2023 | 2021 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Revenue | 10,9 M € | -47.6% | 20,8 M € | +76.8% | 11,7 M € | +91.0% | 6,1 M € | – | – | – | – | – | – | – | – | – | – | ||||||||||
| EBITDA | 454,3 k € | -41.6% | 778,4 k € | +124% | 346,9 k € | +54.1% | 225,2 k € | +112% | -2 M € | -1466% | 142,9 k € | +2456% | -6,1 k € | +95.8% | -144,2 k € | -1618% | 9,5 k € | -82.3% | 53,7 k € | -15.6% | 63,6 k € | -10.8% | 71,4 k € | -36.1% | 111,7 k € | +154% | 44 k € |
| Operating result | 371,5 k € | -40.3% | 622,4 k € | +137% | 262,2 k € | +58.0% | 165,9 k € | +108% | -2 M € | -281055% | -719,9 € | +99.5% | -159,7 k € | +46.6% | -298,9 k € | -62.7% | -183,7 k € | -1099% | -15,3 k € | -143% | 36 k € | -29.1% | 50,8 k € | -45.4% | 93 k € | +251% | 26,5 k € |
| Net result | 140,9 k € | -55.1% | 313,8 k € | +109% | 150,2 k € | +94.7% | 77,1 k € | +102% | -3,7 M € | -4086% | -87,5 k € | +19.5% | -108,8 k € | +70.0% | -362,6 k € | -62.6% | -223 k € | -1024% | -19,8 k € | -162% | 31,9 k € | -29.7% | 45,4 k € | -35.9% | 70,8 k € | +248% | 20,4 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | -1,2 M € | +10.9% | -1,3 M € | +19.6% | -1,6 M € | +23.8% | -2,1 M € | +3.5% | -2,2 M € | -248% | 1,5 M € | +8.4% | 1,4 M € | -7.4% | 1,5 M € | -19.7% | 1,8 M € | -10.8% | 2,1 M € | +262% | 568,6 k € | +5.9% | 536,7 k € | +9.2% | 491,3 k € | +16.8% | 420,5 k € |
| Total assets | 6,4 M € | -4.7% | 6,7 M € | +14.4% | 5,8 M € | +36.4% | 4,3 M € | +95.4% | 2,2 M € | -54.8% | 4,8 M € | +129% | 2,1 M € | -17.0% | 2,5 M € | -9.4% | 2,8 M € | +15.4% | 2,4 M € | +221% | 758,1 k € | +13.6% | 667,2 k € | +10.6% | 603,4 k € | +15.0% | 524,7 k € |
| Cash | 179,7 k € | +292% | 45,8 k € | -60.7% | 116,5 k € | -25.8% | 157 k € | +46.5% | 107,2 k € | -53.6% | 231,1 k € | – | – | 136,9 k € | -59.2% | 335,6 k € | +11.1% | 302,2 k € | +34.2% | 225,1 k € | +212% | 72,2 k € | -64.4% | 202,8 k € | |||
| Debts | 7,5 M € | -5.7% | 7,9 M € | +7.1% | 7,4 M € | +16.6% | 6,4 M € | +45.9% | 4,4 M € | +29.8% | 3,4 M € | +349% | 748,1 k € | -30.2% | 1,1 M € | +10.2% | 972 k € | +160% | 374,1 k € | +108% | 179,7 k € | +50.0% | 119,8 k € | +9.7% | 109,2 k € | +8.3% | 100,8 k € |
| Other | |||||||||||||||||||||||||||
| Workforce | 40,9 ETP | +1.5% | 40,3 ETP | -4.0% | 42,0 ETP | +4.0% | 40,4 ETP | -10.2% | 45,0 ETP | -9.5% | 49,7 ETP | +225% | 15,3 ETP | +0.7% | 15,2 ETP | -11.1% | 17,1 ETP | +3.0% | 16,6 ETP | -3.5% | 17,2 ETP | +2.4% | 16,8 ETP | -4.0% | 17,5 ETP | -12.5% | 20,0 ETP |
Governance
Board of directors
Seen on filing of 30/09/2024 · 3 active · 21 ended
Active mandates
Ended mandates
Michiel Schellekens
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/10/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 30/09/2024 | 30/09/2023 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 21 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 23/06/2025 | 09/04/2024 | 27/07/2022 | 09/07/2021 | 26/08/2020 | 10/07/2019 |
| General meeting | 06/05/2025 | 25/03/2024 | 30/06/2022 | 30/06/2021 | 10/07/2020 | 28/06/2019 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
17 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2024 | 06/05/2025 | 23/06/2025 | Dutch | |
| Full model | 30/09/2023 | 25/03/2024 | 09/04/2024 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 27/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 09/07/2021 | Dutch | |
| Full model | 31/12/2019 | 10/07/2020 | 26/08/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 10/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 06/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 16/05/2017 | 27/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/05/2016 | 08/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/05/2015 | 07/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/05/2014 | 20/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/05/2013 | 30/08/2013 | Dutch | |
| Abridged model | 30/06/2011 | 18/10/2011 | 28/02/2012 | Dutch | |
| Abridged model | 30/06/2010 | 28/09/2010 | 29/10/2010 | Dutch | |
| Abridged model | 30/06/2009 | 20/10/2009 | 22/10/2009 | Dutch | |
| Abridged model | 30/06/2008 | 18/11/2008 | 02/12/2008 | Dutch | |
| Abridged model | 30/06/2007 | 20/11/2007 | 13/12/2007 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2024 · 3 active · 21 ended
Active mandates
Ended mandates
Michiel Schellekens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates02/03/2026ONTSLAGEN - BENOEMINGEN
- Other06/08/2025DIVERSEN
- Other06/08/2025DIVERSEN
- Mandates28/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates22/03/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates31/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates29/12/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024140,9 k €↓
- 2023Annual accounts 2023313,8 k €↑
- 2021Annual accounts 2021150,2 k €↑
- 2018Annual accounts 201877,1 k €↑
- 2017Annual accounts 2017-3,7 M €↓
- 2016Annual accounts 2016-87,5 k €↑
- 2014Annual accounts 2014-108,8 k €↑
- 2014Name changeCoraco
- 2013Annual accounts 2013-362,6 k €↓
- 2012Annual accounts 2012-223 k €↓
- 2011Annual accounts 2011-19,8 k €↓
- 2010Annual accounts 201031,9 k €↓
- 2009Annual accounts 200945,4 k €↓
- 2008Annual accounts 200870,8 k €↑
- 2007Annual accounts 200720,4 k €
- 2007Name changeDEURENFABRIEK SMETS
- 21/03/1979IncorporationPublic limited company