ACTIVE

COREX Belgium

Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-21,5 %over 1 year
Revenue17,6 M €-8,1 %over 1 year
Equity3,7 M €-14,2 %over 1 year
Workforce54,1 ETP-4,4 %over 1 year

Identity

Source · BCE/KBO

COREX Belgium is a Public limited company incorporated in 1982. Its registered office is in Deerlijk. It employs on average 54,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.092.917
Incorporation
13/09/1982
Legal form
Public limited company
Registered office
Nijverheidslaan 43
8540 Deerlijk · FlandreSee on map
Contributed capital
309 000,00 €
Latest accounts
31/12/2025
Average workforce
54,1 ETP
Joint committees (2)
  • 136
  • 222
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue17,6 M €19,1 M €22,2 M €25,6 M €21,1 M €
EBITDA2,7 M €3,2 M €3,6 M €2,7 M €1,6 M €
Operating result2 M €2,5 M €2,8 M €1,8 M €1,1 M €
Net result1,4 M €1,8 M €1,9 M €1,2 M €733,4 k €
Balance sheet
Equity3,7 M €4,3 M €4,6 M €4,6 M €4 M €
Total assets8,3 M €9,4 M €10,1 M €11,6 M €11,4 M €
Cash337,6 €396,3 €66,9 €1 k €22,3 €
Debts4,4 M €4,8 M €5,2 M €6,4 M €7,3 M €
Other
Workforce54,1 ETP56,6 ETP60,5 ETP66,2 ETP64,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 22 ended

Active mandates

FinCoPro

Director · since 02 juin 2023 · until 01 juin 2029 · 0895.515.777

Represented by Erik PEETERS

Active
Geert DE MEYER

Director · since 02 juin 2023 · until 01 juin 2029

Active
ZENDEN

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0728.600.553

Represented by Denis ZENNER

Active

Ended mandates

Pierre Macharis

Managing director · since 30 août 2018 · until 07 juin 2024

Ended
FinCoPro

Director · since 07 avril 2017 · until 07 avril 2023 · 0895.515.777

Represented by Erik PEETERS

Ended
FinCoPro

Director · since 07 avril 2017 · until 07 avril 2023 · 0895.515.777

Represented by Erik PEETERS

Ended
Geert DE MEYER

Director · since 07 avril 2017 · until 07 avril 2023

Ended

Other companies at this address

Nijverheidslaan 43 8540 Deerlijk
CompanyCBE no.
AXDO● Active
0464.787.772

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date02/07/202603/07/202501/07/202430/06/202325/07/202219/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202330/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202602/07/2026DutchPDF
Full model31/12/202406/06/202503/07/2025DutchPDF
Full model31/12/202307/06/202401/07/2024DutchPDF
Full model31/12/202202/06/202330/06/2023DutchPDF
Full model31/12/202130/06/202225/07/2022DutchPDF
Full model31/12/202004/06/202119/07/2021DutchPDF
Full model31/12/201926/06/202029/07/2020DutchPDF
Full model31/12/201821/06/201912/07/2019DutchPDF
Full model31/12/201708/06/201825/06/2018DutchPDF
Full model31/12/201607/04/201730/05/2017DutchPDF
Full model31/12/201501/04/201614/06/2016DutchPDF
Full model31/12/201403/04/201512/06/2015DutchPDF
Full model31/12/201304/04/201411/06/2014DutchPDF
Full model31/12/201205/04/201312/06/2013DutchPDF
Full model31/12/201106/04/201224/05/2012DutchPDF
Full model31/12/201001/04/201120/05/2011DutchPDF
Full model31/12/200902/04/201003/05/2010DutchPDF
Full model31/12/200803/04/200905/05/2009DutchPDF
Full model31/12/200704/04/200815/05/2008DutchPDF
Full model31/12/200606/04/200716/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

3 active · 22 ended

Active mandates

FinCoPro

Director · since 02 juin 2023 · until 01 juin 2029 · 0895.515.777

Represented by Erik PEETERS

Active
Geert DE MEYER

Director · since 02 juin 2023 · until 01 juin 2029

Active
ZENDEN

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0728.600.553

Represented by Denis ZENNER

Active

Ended mandates

Pierre Macharis

Managing director · since 30 août 2018 · until 07 juin 2024

Ended
FinCoPro

Director · since 07 avril 2017 · until 07 avril 2023 · 0895.515.777

Represented by Erik PEETERS

Ended
FinCoPro

Director · since 07 avril 2017 · until 07 avril 2023 · 0895.515.777

Represented by Erik PEETERS

Ended
Geert DE MEYER

Director · since 07 avril 2017 · until 07 avril 2023

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/01/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares22/11/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates24/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/07/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring11/05/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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 20251,4 M €↓
  2. 2024
    Annual accounts 20241,8 M €↓
  3. 2023
    Annual accounts 20231,9 M €↑
  4. 2022
    Annual accounts 20221,2 M €↑
  5. 2021
    Annual accounts 2021733,4 k €↓
  6. 2020
    Annual accounts 20201,1 M €↑
  7. 2019
    Annual accounts 2019739,3 k €↑
  8. 2018
    Annual accounts 2018597,9 k €↑
  9. 2017
    Annual accounts 2017525,3 k €↓
  10. 2016
    Annual accounts 2016866,5 k €↑
  11. 2015
    Annual accounts 2015749,2 k €↑
  12. 2014
    Annual accounts 2014705,6 k €↓
  13. 2013
    Annual accounts 2013781,9 k €↑
  14. 2012
    Annual accounts 2012767 k €↑
  15. 2011
    Annual accounts 2011581,9 k €↓
  16. 2010
    Annual accounts 2010697,1 k €↓
  17. 2009
    Annual accounts 2009724,1 k €
  18. 13/09/1982
    IncorporationPublic limited company