De Korrelatie
0450.910.537 · rovalta.com · 25/09/2026
ACTIVE
De Korrelatie
Financial year 2025 · Closed on 31/12/2025
Net result-86,5 k €-273,2 %over 1 year
Gross margin1,9 M €-6,1 %over 1 year
Equity1,5 M €-11,6 %over 1 year
Workforce28,0 ETP+1,8 %over 1 year
Overview
Identity
Source · BCE/KBODe Korrelatie is a Non-profit organization incorporated in 1993. Its main activity is: Beverage serving activities. Its registered office is in Brugge. It employs on average 28,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0450.910.537
- Incorporation
- 01/09/1993
- Legal form
- Non-profit organization
- Registered office
- Sint-Jakobsstraat 36
8000 Brugge · FlandreSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 28,0 ETP
Activities (NACE)
Joint committees (5)
- 302
- 30200
- 304
- 30400
- 32901
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 10 filingsTrend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,9 M € | -6.1% | 2 M € | +6.5% | 1,9 M € | +2.8% | 1,8 M € | +60.3% | 1,1 M € |
| EBITDA | 212,5 k € | -54.0% | 461,9 k € | +22.3% | 377,7 k € | -13.0% | 433,9 k € | +38.8% | 312,6 k € |
| Operating result | -34 k € | -120% | 165,9 k € | +95.5% | 84,9 k € | -43.2% | 149,3 k € | +358% | 32,6 k € |
| Net result | -86,5 k € | -273% | 49,9 k € | +1651% | -3,2 k € | -105% | 64 k € | +309% | -30,5 k € |
| Balance sheet | |||||||||
| Equity | 1,5 M € | -11.6% | 1,7 M € | +68.9% | 1 M € | -7.3% | 1,1 M € | -1.2% | 1,1 M € |
| Total assets | 4,3 M € | -4.3% | 4,5 M € | +11.7% | 4,1 M € | -3.6% | 4,2 M € | -2.5% | 4,3 M € |
| Cash | 267,8 k € | -30.0% | 382,8 k € | +33.2% | 287,5 k € | +42.8% | 201,4 k € | +6.1% | 189,7 k € |
| Debts | 2,8 M € | +0.3% | 2,8 M € | -7.8% | 3 M € | -2.3% | 3,1 M € | -2.8% | 3,2 M € |
| Other | |||||||||
| Workforce | 28,0 ETP | +1.8% | 27,5 ETP | -1.1% | 27,8 ETP | +6.5% | 26,1 ETP | +14.0% | 22,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20258 active · 46 ended
Active mandates
Jan Denolf
ActiveMathijs Goderis
ActiveVeerle Mans
ActiveMelissa Misseeuw
ActiveAlexander Vandeputte
ActiveGeert Anthierens
ActiveYvan Vandamme
ActiveMinou Esquenet
ActiveEnded mandates
Melissa Misseeuw
EndedNele Dekeyser
EndedNele Dekeyser
EndedPhilip Van Eeckhoute
EndedOther companies at this address
Sint-Jakobsstraat 36 8000 Brugge| Company | CBE no. |
|---|---|
BrugesInsideOut● Active | 0826.043.288 |
De Vrienden van Lumière● Active | 0873.085.221 |
Stadmakers● Active | 0739.632.324 |
Werkplaats immaterieel erfgoed● Active | 0862.418.882 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 10/07/2026 | 27/05/2025 | 17/07/2024 | 25/05/2023 | 22/04/2022 | 20/07/2021 |
| General meeting | 25/06/2026 | 05/05/2025 | 15/04/2024 | 02/05/2023 | 19/04/2022 | 15/03/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 10 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 25/06/2026 | 10/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 05/05/2025 | 27/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 15/04/2024 | 17/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 02/05/2023 | 25/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 19/04/2022 | 22/04/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/03/2021 | 20/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 17/06/2020 | 22/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 13/05/2019 | 14/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 13/03/2018 | 21/03/2018 | Dutch | |
| Abridged model | 31/12/2016 | 29/05/2017 | 21/06/2017 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20258 active · 46 ended
Active mandates
Jan Denolf
ActiveMathijs Goderis
ActiveVeerle Mans
ActiveMelissa Misseeuw
ActiveAlexander Vandeputte
ActiveGeert Anthierens
ActiveYvan Vandamme
ActiveMinou Esquenet
ActiveEnded mandates
Melissa Misseeuw
EndedNele Dekeyser
EndedNele Dekeyser
EndedPhilip Van Eeckhoute
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates24/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates23/08/2023ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates01/02/2022ONTSLAGEN - BENOEMINGEN
- Mandates06/05/2021ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other05/01/2017STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates11/06/2014ONTSLAGEN - BENOEMINGEN
- Other19/04/2013STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates28/03/2013ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-86,5 k €↓
- 2024Annual accounts 202449,9 k €↑
- 2023Annual accounts 2023-3,2 k €↓
- 2022Annual accounts 202264 k €↑
- 2021Annual accounts 2021-30,5 k €↓
- 2020Annual accounts 202017,9 k €↓
- 2019Annual accounts 201949,5 k €↓
- 2018Annual accounts 2018175,8 k €↑
- 2017Annual accounts 2017-113,9 k €↓
- 2016Annual accounts 2016-88,8 k €
- 01/09/1993IncorporationNon-profit organization