ACTIVE

CORSEARCH EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result-897,5 k €+83,0 %over 1 year
Revenue9,5 M €-11,0 %over 1 year
Equity-2,5 M €-57,1 %over 1 year
Workforce18,7 ETP-8,3 %over 1 year

Identity

Source · BCE/KBO

CORSEARCH EUROPE is a Public limited company incorporated in 1987. Its registered office is in Ixelles. It employs on average 18,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.166.888
Incorporation
05/01/1987
Legal form
Public limited company
Registered office
Place du Champ de Mars 5
1050 Ixelles · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
18,7 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue9,5 M €10,6 M €11,2 M €11,5 M €12 M €
EBITDA1,3 M €1,7 M €2,9 M €3 M €4,7 M €
Operating result567,4 k €1 M €2,2 M €2,5 M €4 M €
Net result-897,5 k €-5,3 M €1,7 M €973,3 k €3,9 M €
Balance sheet
Equity-2,5 M €-1,6 M €3,7 M €2 M €1,1 M €
Total assets26,1 M €24,1 M €27,7 M €24,1 M €20,5 M €
Cash327,2 k €290,5 k €167,1 k €243,1 k €390,4 k €
Debts25,7 M €23 M €21,6 M €19,6 M €16,5 M €
Other
Workforce18,7 ETP20,4 ETP21,7 ETP27,7 ETP32,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 52 ended

Active mandates

Daliri Zakarya

Director · since 15 avril 2025

Active
Stephen Leith

Managing director · since 04 décembre 2023

Active

Ended mandates

Stephen Leith

Director · since 04 décembre 2023

Ended
Robert Stolk

Director · since 10 janvier 2022 · until 11 juin 2027

Ended
Diane PLAUT

Managing director · since 21 avril 2020 · until 04 décembre 2023

Ended
Diane FIDDLE

Managing director · since 09 janvier 2020 · until 12 juin 2026

Ended

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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 date04/07/202616/07/202517/12/202408/07/202407/02/202418/11/2022
General meeting30/06/202630/06/202513/12/202420/06/202402/02/202426/10/2022
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 model31/12/202530/06/202604/07/2026DutchPDF
Full model31/12/202430/06/202516/07/2025DutchPDF
Full model31/12/202313/12/202417/12/2024DutchPDF
Full model31/12/202220/06/202408/07/2024DutchPDF
Full model31/12/202102/02/202407/02/2024DutchPDF
Full model31/12/202026/10/202218/11/2022DutchPDF
Full model31/12/201913/11/202021/03/2021FrenchPDF
Full model31/12/201804/10/201922/10/2019FrenchPDF
Full model31/12/201708/06/201806/08/2018FrenchPDF
Full model31/12/201609/06/201731/07/2017FrenchPDF
Full model31/12/201502/09/201616/09/2016FrenchPDF
Full model31/12/201404/09/201515/09/2015FrenchPDF
Abridged model31/12/201313/06/201430/06/2014FrenchPDF
Abridged model31/12/201214/06/201301/07/2013FrenchPDF
Abridged model31/12/201108/06/201202/07/2012FrenchPDF
Abridged model31/12/201010/06/201129/08/2011FrenchPDF
Abridged model31/12/200911/06/201020/07/2010FrenchPDF
Abridged model31/12/200812/06/200927/08/2009FrenchPDF
Abridged model31/12/200713/06/200802/07/2008FrenchPDF
Abridged model31/12/200608/06/200718/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

2 active · 52 ended

Active mandates

Daliri Zakarya

Director · since 15 avril 2025

Active
Stephen Leith

Managing director · since 04 décembre 2023

Active

Ended mandates

Stephen Leith

Director · since 04 décembre 2023

Ended
Robert Stolk

Director · since 10 janvier 2022 · until 11 juin 2027

Ended
Diane PLAUT

Managing director · since 21 avril 2020 · until 04 décembre 2023

Ended
Diane FIDDLE

Managing director · since 09 janvier 2020 · until 12 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office31/01/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/05/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/07/2020
    ONTSLAGEN - BENOEMINGEN
    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 2025-897,5 k €↑
  2. 2024
    Annual accounts 2024-5,3 M €↓
  3. 2023
    Annual accounts 20231,7 M €↑
  4. 2022
    Annual accounts 2022973,3 k €↓
  5. 2021
    Annual accounts 20213,9 M €↑
  6. 2020
    Annual accounts 20201,4 M €↑
  7. 2019
    Annual accounts 2019-4,8 M €↓
  8. 2018
    Annual accounts 2018213,2 k €↓
  9. 2017
    Annual accounts 2017280,9 k €↓
  10. 2016
    Annual accounts 2016914,8 k €↑
  11. 2015
    Annual accounts 2015890,8 k €↓
  12. 2014
    Annual accounts 20141,3 M €↓
  13. 2013
    Annual accounts 20131,3 M €↓
  14. 2012
    Annual accounts 20121,5 M €↑
  15. 2012
    Name changeCorsearch Europe
  16. 2011
    Annual accounts 20111,1 M €↑
  17. 2010
    Annual accounts 2010774,1 k €↑
  18. 2009
    Annual accounts 2009239,6 k €↓
  19. 2008
    Annual accounts 2008512,2 k €↑
  20. 2007
    Annual accounts 2007508,7 k €↑
  21. 2006
    Annual accounts 2006275,5 k €
  22. 2006
    Name changeEDITAL
  23. 05/01/1987
    IncorporationPublic limited company