ACTIVE

Corelap

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Financial year 2025 · closed on 31/12/2025

Net result

571,2 k €

-13.9% YoY

Revenue

2,6 M €

-4.1% YoY

Equity

3,9 M €

+16.8% YoY

Workforce

130,0 ETP

0.0% YoY

What does Corelap do?

Corelap is a Non-profit organization incorporated in 1990. Its main activity is: Binding and related services. Its registered office is in Mouscron. It employs on average 130,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.541.516

Incorporation

18/10/1990

Legal form

Non-profit organization

Registered office

Rue de la Montagne 103
7700 Mouscron · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

130,0 ETP

Activities (NACE)

18140Binding and related services· main 18140Binding and related services 22230Manufacture of builders’ ware of plastic 85322Technical and vocational secondary education 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.+5

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Revenue	2,6 M €	-4.1%	2,7 M €	+14.5%	2,4 M €	+5.0%	2,2 M €	+10.5%	2 M €	+12.3%	1,8 M €	-8.7%	2 M €	-5.4%	2,1 M €	+13.3%	1,9 M €
EBITDA	659,6 k €	-7.3%	711,6 k €	+61.6%	440,4 k €	-31.8%	646,1 k €	+114%	302,4 k €	+167%	113,3 k €	-10.8%	127,1 k €	-64.0%	353,3 k €	+17.6%	300,5 k €
Operating result	513,9 k €	-12.3%	586,1 k €	+83.7%	319 k €	-38.4%	517,8 k €	+165%	195,7 k €	+52946%	-370,4 €	-102%	21,3 k €	-91.1%	239,6 k €	+71.4%	139,8 k €
Net result	571,2 k €	-13.9%	663,7 k €	+91.3%	347 k €	-34.1%	526,5 k €	+156%	206 k €	+4389%	4,6 k €	-89.0%	41,9 k €	-84.1%	263,4 k €	+48.9%	176,9 k €
Balance sheet
Equity	3,9 M €	+16.8%	3,3 M €	+24.3%	2,7 M €	+16.9%	2,3 M €	+28.7%	1,8 M €	+12.1%	1,6 M €	-0.1%	1,6 M €	+2.0%	1,6 M €	+18.7%	1,3 M €
Total assets	4,8 M €	+10.9%	4,3 M €	+18.1%	3,6 M €	+9.9%	3,3 M €	+19.6%	2,8 M €	+14.9%	2,4 M €	+8.7%	2,2 M €	+0.7%	2,2 M €	+13.7%	1,9 M €
Cash	3,1 M €	+33.1%	2,3 M €	+26.7%	1,8 M €	+8.0%	1,7 M €	+41.1%	1,2 M €	+38.3%	874,2 k €	-18.1%	1,1 M €	+8.7%	981,9 k €	+38.4%	709,7 k €
Debts	868,3 k €	-9.1%	955,2 k €	+0.6%	949,2 k €	+0.8%	941,9 k €	-2.4%	965,6 k €	+17.3%	822,9 k €	+30.9%	628,5 k €	+4.6%	600,6 k €	-1.0%	606,6 k €
Other
Workforce	130,0 ETP	0.0%	130,0 ETP	+3.2%	126,0 ETP	+2.4%	123,0 ETP	0.0%	123,0 ETP	-6.8%	132,0 ETP	-4.3%	138,0 ETP	+4.5%	132,0 ETP	+8.2%	122,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 17 ended

Active mandates

DELPHINE CARPENTIER

Director · since 23 mai 2024

Active

BERNARD EVERAET

Director

Active

LUC MALVOISIN

Chairman of the board of directors

Active

MARIE JEANNE VANLEENE

Director

Active

PATRICK VANHEEREWEGHE

Director

Active

PIERRE VEYS

Director

Active

SYLVINE BRUNAIN

Director

Active

WILLIAM BEYENS

Vice-chairman of the board of directors

Active

Ended mandates

CELINE VERELST

Director · since 11 mai 2017

Ended

BERNARD EVERAET

Mandate

Ended

CELINE VERELST

Director

Ended

LUC MALVOISIN

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	03/07/2025	11/06/2024	05/06/2023	18/07/2022	15/06/2021
General meeting	04/06/2026	05/06/2025	23/05/2024	25/05/2023	16/06/2022	19/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/06/2026	10/06/2026	French	PDF
Abridged model	31/12/2024	05/06/2025	03/07/2025	French	PDF
Abridged model	31/12/2023	23/05/2024	11/06/2024	French	PDF
Abridged model	31/12/2022	25/05/2023	05/06/2023	French	PDF
Abridged model	31/12/2021	16/06/2022	18/07/2022	French	PDF
Full model	31/12/2020	19/05/2021	15/06/2021	French	PDF
Full model	31/12/2019	09/07/2020	16/07/2020	French	PDF
Full model	31/12/2018	21/05/2019	22/05/2019	French	PDF
Full model	31/12/2017	22/05/2018	27/06/2018	French	PDF
m140-f-p	31/12/2016	11/05/2017	17/05/2017	French	PDF
m140-f-p	31/12/2015	10/05/2016	23/06/2016	French	PDF
m140-f-p	31/12/2014	07/05/2015	22/05/2015	French	PDF
m140-f-p	31/12/2013	28/04/2014	07/05/2014	French	PDF
m140-f-p	31/12/2012	27/05/2013	25/06/2013	French	PDF
m140-f-p	31/12/2011	03/05/2012	11/05/2012	French	PDF
m140-f-p	31/12/2010	16/05/2011	18/07/2011	French	PDF
m140-f-p	31/12/2009	10/05/2010	17/06/2010	French	PDF
m140-f-p	31/12/2008	18/05/2009	26/06/2009	French	PDF
m140-f-p	31/12/2007	15/05/2008	23/06/2008	French	PDF
Full model	31/12/2006	29/05/2007	13/07/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 17 ended

Active mandates

DELPHINE CARPENTIER

Director · since 23 mai 2024

Active

BERNARD EVERAET

Director

Active

LUC MALVOISIN

Chairman of the board of directors

Active

MARIE JEANNE VANLEENE

Director

Active

PATRICK VANHEEREWEGHE

Director

Active

PIERRE VEYS

Director

Active

SYLVINE BRUNAIN

Director

Active

WILLIAM BEYENS

Vice-chairman of the board of directors

Active

Ended mandates

CELINE VERELST

Director · since 11 mai 2017

Ended

BERNARD EVERAET

Mandate

Ended

CELINE VERELST

Director

Ended

LUC MALVOISIN

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates29/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2022
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/07/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/02/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates07/01/2020
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025571,2 k €↓
2024
Annual accounts 2024663,7 k €↑
2023
Annual accounts 2023347 k €↓
2022
Annual accounts 2022526,5 k €↑
2021
Annual accounts 2021206 k €↑
2020
Annual accounts 20204,6 k €↓
2019
Annual accounts 201941,9 k €↓
2018
Annual accounts 2018263,4 k €↑
2017
Annual accounts 2017176,9 k €
18/10/1990
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Corelap

Overview

What does Corelap do?

Trend over 9 financial years

Indicative valuation

Board of directors

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