ACTIVE

CORDU

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

-8 k €

-149.1% YoY

Gross margin

259,4 k €

-15.8% YoY

Equity

164,2 k €

-4.7% YoY

What does CORDU do?

CORDU is a Private limited company incorporated in 1994. Its registered office is in Temse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.769.265

Incorporation

30/11/1994

Legal form

Private limited company

Registered office

Viadukt 11
9140 Temse · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	259,4 k €	-15.8%	308 k €	+3.6%	297,3 k €	+5.7%	281,3 k €	+9.5%	256,8 k €	-9.6%	284 k €	-5.0%	299,1 k €	+7.4%	278,5 k €	+3.3%	269,5 k €	-5.2%	284,2 k €	+9.0%	260,8 k €	+2.7%	254 k €	-2.0%	259,2 k €	+16.5%	222,5 k €	+17.0%	190,1 k €	+1.2%	187,9 k €	-7.6%	203,4 k €	+10.2%	184,6 k €	-18.8%	227,4 k €
EBITDA	14 k €	-72.6%	50,9 k €	-5.2%	53,7 k €	-12.2%	61,2 k €	-34.2%	93,1 k €	+3.9%	89,6 k €	+33.0%	67,3 k €	+16.2%	57,9 k €	+101%	28,8 k €	-50.8%	58,6 k €	+12.3%	52,2 k €	+18.0%	44,3 k €	-16.0%	52,7 k €	+3.7%	50,8 k €	-5.1%	53,6 k €	-12.1%	60,9 k €	-12.1%	69,3 k €	+35.7%	51,1 k €	-47.7%	97,7 k €
Operating result	-8,1 k €	-134%	24,2 k €	-13.4%	27,9 k €	-6.0%	29,7 k €	-51.7%	61,5 k €	+3.6%	59,4 k €	+38.0%	43 k €	+26.6%	34 k €	+554%	5,2 k €	-84.4%	33,3 k €	+19.9%	27,8 k €	+44.2%	19,3 k €	-29.6%	27,4 k €	+21.2%	22,6 k €	-9.0%	24,8 k €	-16.1%	29,6 k €	+28.4%	23,1 k €	+1375%	1,6 k €	-94.9%	30,6 k €
Net result	-8 k €	-149%	16,4 k €	-1.9%	16,7 k €	-9.2%	18,4 k €	-61.1%	47,2 k €	+0.6%	46,9 k €	+69.0%	27,8 k €	+15.2%	24,1 k €	+5606%	-437,8 €	-102%	25,8 k €	+31.5%	19,6 k €	+89.8%	10,3 k €	+261%	2,9 k €	-82.8%	16,7 k €	+224%	5,1 k €	-39.7%	8,5 k €	-21.2%	10,8 k €	+160%	-18,1 k €	-414%	5,8 k €
Balance sheet
Equity	164,2 k €	-4.7%	172,2 k €	+9.9%	156,7 k €	+11.3%	140,8 k €	+14.3%	123,3 k €	+60.4%	76,8 k €	+120%	34,9 k €	+391%	7,1 k €	+142%	-17 k €	-2.6%	-16,6 k €	+45.5%	-30,4 k €	+39.3%	-50 k €	+17.1%	-60,4 k €	+4.5%	-63,2 k €	+20.8%	-79,9 k €	+6.0%	-85 k €	+9.1%	-93,6 k €	+10.4%	-104,4 k €	-21.0%	-86,3 k €
Total assets	236,2 k €	-3.4%	244,6 k €	-6.1%	260,5 k €	-0.7%	262,4 k €	+5.0%	249,9 k €	+8.4%	230,5 k €	+27.1%	181,3 k €	-5.2%	191,4 k €	-16.8%	230,1 k €	+5.8%	217,4 k €	-2.0%	221,8 k €	-15.3%	261,8 k €	-2.2%	267,7 k €	-8.8%	293,4 k €	-0.9%	296,1 k €	-6.9%	318 k €	-12.8%	364,6 k €	-10.6%	407,9 k €	-10.3%	454,9 k €
Cash	116,1 k €	+17.5%	98,8 k €	+57.9%	62,6 k €	-46.2%	116,4 k €	+35.6%	85,9 k €	+87.0%	45,9 k €	+235%	13,7 k €	+79.2%	7,7 k €	-54.1%	16,7 k €	+87.4%	8,9 k €	+87.0%	4,8 k €	-59.3%	11,7 k €	-24.3%	15,4 k €	+17.0%	13,2 k €	+29.0%	10,2 k €	+46.1%	7 k €	-62.1%	18,5 k €	-38.4%	30 k €	-12.0%	34,1 k €
Debts	71,8 k €	-0.5%	72,1 k €	-30.5%	103,8 k €	-14.6%	121,6 k €	-4.0%	126,7 k €	-17.6%	153,7 k €	+4.9%	146,5 k €	-20.5%	184,3 k €	-25.4%	247,1 k €	+5.6%	234 k €	-7.2%	252,2 k €	-19.1%	311,8 k €	-4.9%	328 k €	-8.0%	356,7 k €	-5.2%	376 k €	-6.7%	403 k €	-12.0%	458,2 k €	-10.6%	512,3 k €	-5.3%	541,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		6,1 ETP	+1.7%	6,0 ETP	+1.7%	5,9 ETP	+3.5%	5,7 ETP	+7.5%	5,3 ETP	+23.3%	4,3 ETP	+4.9%	4,1 ETP	-6.8%	4,4 ETP	-13.7%	5,1 ETP	-10.5%	5,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

MARIA DUINSLAEGER CORINE

Director · since 30 novembre 1994

Active

Ended mandates

Corine Duinslaeger

Director · since 10 décembre 1994

Ended

CORINE DUINSLAEGER

Manager · since 10 décembre 1994

Ended

CORINE DUINSLAEGER

Manager · since 30 novembre 1994

Ended

CORINE DUINSLAEGER

Manager

Ended

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/01/2026	06/03/2025	19/03/2024	14/03/2023	14/03/2022	02/03/2021
General meeting	24/12/2025	28/02/2025	15/03/2024	09/03/2023	07/03/2022	01/03/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	24/12/2025	07/01/2026	Dutch	PDF
Micro model	30/09/2024	28/02/2025	06/03/2025	Dutch	PDF
Micro model	30/09/2023	15/03/2024	19/03/2024	Dutch	PDF
Micro model	30/09/2022	09/03/2023	14/03/2023	Dutch	PDF
Micro model	30/09/2021	07/03/2022	14/03/2022	Dutch	PDF
Micro model	30/09/2020	01/03/2021	02/03/2021	Dutch	PDF
Micro modelCorrection	30/09/2019	28/02/2020	09/02/2021	Dutch	PDF
Micro model	30/09/2019	28/02/2020	18/03/2020	Dutch	PDF
Micro model	30/09/2018	28/02/2019	18/03/2019	Dutch	PDF
Micro model	30/09/2017	28/02/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	28/04/2017	09/05/2017	Dutch	PDF
Abridged model	30/09/2015	29/02/2016	25/05/2016	Dutch	PDF
Abridged model	30/09/2014	28/02/2015	26/05/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	30/05/2014	Dutch	PDF
Abridged model	30/09/2012	28/02/2013	31/05/2013	Dutch	PDF
Abridged model	30/09/2011	28/02/2012	31/05/2012	Dutch	PDF
Abridged model	30/09/2010	28/02/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	28/02/2010	31/05/2010	Dutch	PDF
Abridged model	30/09/2008	28/02/2009	27/05/2009	Dutch	PDF
Abridged model	30/09/2007	28/02/2008	28/05/2008	Dutch	PDF
Abridged model	30/09/2006	28/02/2007	12/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 1 active · 4 ended

Active mandates

MARIA DUINSLAEGER CORINE

Director · since 30 novembre 1994

Active

Ended mandates

Corine Duinslaeger

Director · since 10 décembre 1994

Ended

CORINE DUINSLAEGER

Manager · since 10 décembre 1994

Ended

CORINE DUINSLAEGER

Manager · since 30 novembre 1994

Ended

CORINE DUINSLAEGER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
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 2025-8 k €↓
2024
Annual accounts 202416,4 k €↓
2023
Annual accounts 202316,7 k €↓
2022
Annual accounts 202218,4 k €↓
2021
Annual accounts 202147,2 k €↑
2020
Annual accounts 202046,9 k €↑
2019
Annual accounts 201927,8 k €↑
2018
Annual accounts 201824,1 k €↑
2017
Annual accounts 2017-437,8 €↓
2016
Annual accounts 201625,8 k €↑
2015
Annual accounts 201519,6 k €↑
2014
Annual accounts 201410,3 k €↑
2013
Annual accounts 20132,9 k €↓
2012
Annual accounts 201216,7 k €↑
2011
Annual accounts 20115,1 k €↓
2010
Annual accounts 20108,5 k €↓
2009
Annual accounts 200910,8 k €↑
2008
Annual accounts 2008-18,1 k €↓
2007
Annual accounts 20075,8 k €
30/11/1994
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

CORDU

Overview

What does CORDU do?

Trend over 19 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