ACTIVE

CORDES

Financial year 2023 · closed on 31/12/2023
Net result
-38,1 k €
-1068.0% YoY
Gross margin
-32,9 k €
-1300.2% YoY
Equity
-55,4 k €
-221.0% YoY

What does CORDES do?

CORDES is a Private limited company incorporated in 1990. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.874.680
Incorporation
26/12/1990
Legal form
Private limited company
Registered office
Rue de Spa 21
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-32,9 k €2,7 k €2,4 k €-13,4 k €-11,4 k €-3,9 k €4,8 k €23,4 k €44,3 k €-5,2 k €1,5 k €-27,7 k €-32,7 k €15,2 k €48,8 k €5,8 k €-1,8 k €11,4 k €
EBITDA-33,1 k €2,2 k €1,7 k €-14,3 k €-12,2 k €-4,4 k €4,2 k €22,5 k €43,6 k €-5,8 k €910 €-28,8 k €-34,6 k €14,2 k €46,9 k €4,6 k €-5,8 k €6,6 k €
Operating result-37,1 k €-2 k €-2,2 k €-18,1 k €-15,7 k €-5,6 k €2,5 k €18,1 k €37,6 k €-14,2 k €-8,3 k €-38 k €-41,8 k €-3 k €36,1 k €-7,5 k €-16,5 k €-107 €
Net result-38,1 k €-3,3 k €-4,1 k €-18,9 k €-16,8 k €-6,5 k €2,1 k €17,6 k €37 k €-14,8 k €-9,1 k €-34 k €18,8 k €-4,7 k €21,5 k €-4,8 k €-5,2 k €-2,9 k €
Balance sheet
Equity-55,4 k €-17,3 k €-14 k €-9,9 k €9 k €25,8 k €32,3 k €30,2 k €12,7 k €-24,4 k €-9,5 k €-429 €33,6 k €100,2 k €104,9 k €83,5 k €88,3 k €93,5 k €
Total assets14,6 k €68,4 k €53,4 k €54,3 k €63,7 k €67,6 k €124,2 k €75,9 k €76,7 k €17,9 k €34,7 k €55,1 k €103,3 k €170,2 k €164,6 k €134,9 k €117,9 k €201,4 k €
Cash29,9 k €68 €20,4 k €73,1 k €11,2 k €
Debts35,3 k €51 k €32,7 k €29,5 k €19,9 k €7,1 k €57,2 k €11,1 k €29,4 k €7,5 k €9,5 k €20,8 k €35 k €69,9 k €59,5 k €51,4 k €27,2 k €104,5 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 7 ended

Active mandates

FRANCINE MEURICE

Director · since 05 juin 2003

Active

Ended mandates

FRANCINE MEURICE

Director · since 27 septembre 2011

Ended
FRANCINE MD MEURICE

Managing director · since 12 mai 2004

Ended
FRANCINE MEURICE

Managing director · since 12 mai 2004

Ended
JACQUE DELIEGE

Director · since 12 mai 2004

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/10/202416/08/202325/07/202209/07/202117/09/202004/06/2019
General meeting31/05/202426/05/202327/05/202214/06/202130/07/202014/05/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202331/05/202416/10/2024FrenchPDF
Micro model31/12/202226/05/202316/08/2023FrenchPDF
Micro model31/12/202127/05/202225/07/2022FrenchPDF
Micro model31/12/202014/06/202109/07/2021FrenchPDF
Micro model31/12/201930/07/202017/09/2020FrenchPDF
Micro model31/12/201814/05/201904/06/2019FrenchPDF
Micro model31/12/201706/06/201805/07/2018FrenchPDF
Micro model31/12/201630/06/201711/08/2017FrenchPDF
Abridged model31/12/201510/05/201617/05/2016FrenchPDF
Abridged model31/12/201429/05/201503/06/2015FrenchPDF
Abridged model31/12/201330/05/201403/07/2014FrenchPDF
Abridged model31/12/201231/05/201325/06/2013FrenchPDF
Abridged model31/12/201125/05/201214/06/2012FrenchPDF
Abridged model31/12/201027/05/201113/07/2011FrenchPDF
Abridged model31/12/200928/05/201019/05/2011FrenchPDF
Abridged model31/12/200829/05/200919/08/2009FrenchPDF
Abridged model31/12/200723/05/200829/09/2008FrenchPDF
Abridged model31/12/200625/05/200716/08/2007FrenchPDF
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.

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 31/12/2023 · 1 active · 7 ended

Active mandates

FRANCINE MEURICE

Director · since 05 juin 2003

Active

Ended mandates

FRANCINE MEURICE

Director · since 27 septembre 2011

Ended
FRANCINE MD MEURICE

Managing director · since 12 mai 2004

Ended
FRANCINE MEURICE

Managing director · since 12 mai 2004

Ended
JACQUE DELIEGE

Director · since 12 mai 2004

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-38,1 k €
  2. 2022
    Annual accounts 2022-3,3 k €
  3. 2021
    Annual accounts 2021-4,1 k €
  4. 2020
    Annual accounts 2020-18,9 k €
  5. 2019
    Annual accounts 2019-16,8 k €
  6. 2018
    Annual accounts 2018-6,5 k €
  7. 2017
    Annual accounts 20172,1 k €
  8. 2016
    Annual accounts 201617,6 k €
  9. 2015
    Annual accounts 201537 k €
  10. 2014
    Annual accounts 2014-14,8 k €
  11. 2013
    Annual accounts 2013-9,1 k €
  12. 2012
    Annual accounts 2012-34 k €
  13. 2011
    Annual accounts 201118,8 k €
  14. 2010
    Annual accounts 2010-4,7 k €
  15. 2009
    Annual accounts 200921,5 k €
  16. 2008
    Annual accounts 2008-4,8 k €
  17. 2007
    Annual accounts 2007-5,2 k €
  18. 2006
    Annual accounts 2006-2,9 k €
  19. 26/12/1990
    IncorporationPrivate limited company