ACTIVE

CORBATEC MC

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Financial year 2025 · closed on 31/12/2025

Net result

-14,4 k €

-385.7% YoY

Gross margin

-7,3 k €

-6.4% YoY

Equity

86,3 k €

-14.3% YoY

What does CORBATEC MC do?

CORBATEC MC is a Private limited company incorporated in 1992. Its main activity is: Specialised construction activities. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.191.171

Incorporation

08/09/1992

Legal form

Private limited company

Registered office

Drève de l'Infante 27 box B2
1410 Waterloo · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles 43320Joinery installation 43320Joinery installation 43990Other specialised construction activities n.e.c.+3

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-7,3 k €	-6.4%	-6,9 k €	+42.1%	-11,9 k €	-104%	302 k €	+420%	58 k €	+1.1%	57,4 k €	+62.9%	35,2 k €	-34.8%	54 k €	+29.9%	41,6 k €	-50.6%	84,3 k €	+516%	13,7 k €	-76.1%	57,4 k €	-23.1%	74,6 k €	+1.9%	73,2 k €	+52.9%	47,9 k €	+304%	11,9 k €	+465%	2,1 k €	-96.7%	63,2 k €
EBITDA	-10,3 k €	+6.0%	-10,9 k €	+20.0%	-13,6 k €	-105%	285,4 k €	+455%	51,4 k €	-3.6%	53,3 k €	+78.6%	29,9 k €	-41.7%	51,2 k €	+30.0%	39,4 k €	-49.3%	77,8 k €	+729%	9,4 k €	-81.6%	51 k €	-24.7%	67,7 k €	-2.3%	69,3 k €	+53.7%	45,1 k €	+524%	7,2 k €	+362%	-2,8 k €	-105%	59,2 k €
Operating result	-11,9 k €	+3.2%	-12,2 k €	+19.4%	-15,2 k €	-105%	284,9 k €	+866%	29,5 k €	+43.8%	20,5 k €	+363%	-7,8 k €	-150%	15,5 k €	+2068%	712,9 €	-98.4%	43,8 k €	+271%	-25,6 k €	-279%	14,3 k €	-53.8%	31,1 k €	-24.6%	41,2 k €	+11.9%	36,8 k €	+2699%	-1,4 k €	+87.5%	-11,3 k €	-129%	38,9 k €
Net result	-14,4 k €	-386%	-3 k €	+83.7%	-18,2 k €	-111%	160,3 k €	+977%	14,9 k €	+83.2%	8,1 k €	+143%	-19,1 k €	-1791%	1,1 k €	+108%	-14 k €	-148%	29,2 k €	+171%	-41,4 k €	-895%	-4,2 k €	-998%	462,9 €	-97.2%	16,5 k €	+138%	6,9 k €	+229%	-5,3 k €	+69.2%	-17,3 k €	-171%	24,4 k €
Balance sheet
Equity	86,3 k €	-14.3%	100,7 k €	-2.9%	103,6 k €	-14.9%	121,8 k €	+417%	-38,4 k €	-492%	-6,5 k €	+50.9%	-13,2 k €	-251%	8,8 k €	-17.1%	10,6 k €	-61.6%	27,4 k €	+2179%	1,2 k €	-97.4%	45,5 k €	+19.3%	38,1 k €	+220%	11,9 k €	+361%	-4,6 k €	-1.9%	-4,5 k €	-617%	866 €	-95.2%	18,2 k €
Total assets	116,1 k €	+1.8%	114,1 k €	-66.7%	342,2 k €	-13.3%	394,8 k €	+91.6%	206,1 k €	-24.8%	274 k €	-9.3%	302,1 k €	-16.8%	363,3 k €	-7.2%	391,4 k €	-3.0%	403,7 k €	+2.7%	393,2 k €	-23.4%	513,6 k €	-7.2%	553,3 k €	+2.1%	542,1 k €	+507%	89,3 k €	-27.2%	122,6 k €	-19.9%	153,2 k €	-26.5%	208,5 k €
Cash	3,9 k €	-40.0%	6,5 k €	-97.4%	253 k €	-31.6%	370 k €	+573%	54,9 k €	+31.3%	41,9 k €	+232%	12,6 k €	-74.9%	50,3 k €	+20.4%	41,8 k €	-43.1%	73,5 k €	+475%	12,8 k €	-86.4%	93,9 k €	+28.2%	73,3 k €	-30.9%	106,1 k €	+221%	33,1 k €	+26.9%	26,1 k €	+4.1%	25,1 k €	-17.7%	30,5 k €
Debts	29,8 k €	+122%	13,4 k €	-94.4%	238,6 k €	-12.6%	273 k €	+11.6%	244,6 k €	-12.0%	277,8 k €	-10.3%	309,6 k €	-10.8%	347,3 k €	-6.8%	372,6 k €	+1.7%	366,4 k €	-3.8%	380,7 k €	-16.4%	455,3 k €	-10.4%	508,3 k €	-4.1%	530,2 k €	+465%	93,8 k €	-26.2%	127,1 k €	-16.5%	152,3 k €	-20.0%	190,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,3 ETP	+200%	0,1 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Michel Cornelis

Director · since 01 octobre 2001

Active

Ended mandates

Michel Cornélis

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	06/08/2026	05/06/2025	15/04/2025	30/08/2023	15/07/2022	30/08/2021
General meeting	30/06/2026	05/05/2025	06/05/2024	01/05/2023	02/05/2022	04/05/2021
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
Micro model	31/12/2025	30/06/2026	06/08/2026	French	PDF
Micro model	31/12/2024	05/05/2025	05/06/2025	French	PDF
Micro model	31/12/2023	06/05/2024	15/04/2025	French	PDF
Micro model	31/12/2022	01/05/2023	30/08/2023	French	PDF
Micro model	31/12/2021	02/05/2022	15/07/2022	French	PDF
Micro model	31/12/2020	04/05/2021	30/08/2021	French	PDF
Micro model	31/12/2019	04/05/2020	24/08/2020	French	PDF
Micro model	31/12/2018	06/05/2019	30/07/2019	French	PDF
Micro model	31/12/2017	07/05/2018	19/06/2018	French	PDF
Micro model	31/12/2016	01/05/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	02/05/2016	18/07/2016	French	PDF
Abridged model	31/12/2014	04/05/2015	13/05/2015	French	PDF
Abridged model	31/12/2013	05/05/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	25/08/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	25/07/2008	French	PDF
Abridged model	31/12/2006	07/05/2007	17/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 1 ended

Active mandates

Michel Cornelis

Director · since 01 octobre 2001

Active

Ended mandates

Michel Cornélis

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/05/2022
MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office21/10/2014
SIEGE SOCIAL
PDF
Registered office11/10/2011
ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Registered office02/10/2007
SIEGE SOCIAL
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 2025-14,4 k €↓
2024
Annual accounts 2024-3 k €↑
2023
Annual accounts 2023-18,2 k €↓
2022
Annual accounts 2022160,3 k €↑
2021
Annual accounts 202114,9 k €↑
2021
Name changeCORBATEC SPRL
2018
Annual accounts 20188,1 k €↑
2017
Annual accounts 2017-19,1 k €↓
2016
Annual accounts 20161,1 k €↑
2015
Annual accounts 2015-14 k €↓
2014
Annual accounts 201429,2 k €↑
2013
Annual accounts 2013-41,4 k €↓
2012
Annual accounts 2012-4,2 k €↓
2011
Annual accounts 2011462,9 €↓
2010
Annual accounts 201016,5 k €↑
2009
Annual accounts 20096,9 k €↑
2008
Annual accounts 2008-5,3 k €↑
2007
Annual accounts 2007-17,3 k €↓
2006
Annual accounts 200624,4 k €
2006
Name changeCORBATEC MC
08/09/1992
IncorporationPrivate limited company

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

CORBATEC MC

Overview

What does CORBATEC MC do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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