ACTIVE

Core-S-Ad

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Financial year 2025 · Closed on 31/12/2025

Net result166 k €+3,6 %over 1 year

Revenue899 k €+2,9 %over 1 year

Equity591,8 k €-27,9 %over 1 year

Workforce3,0 ETP+7,1 %over 1 year

Identity

Source · BCE/KBO

Core-S-Ad is a Private limited company incorporated in 1995. Its main activity is: Advertising agencies. Its registered office is in Turnhout. It employs on average 3,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0455.126.572
Incorporation: 28/04/1995
Legal form: Private limited company
Registered office: Korte Vianenstraat 2
2300 Turnhout · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 3,0 ETP

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74401Other professional, scientific and technical activities 82100Office administrative and support activities 82110Combined office administrative service activities 59113Motion picture, video and television programme production activities+11

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	899 k €	+2.9%	874,1 k €	-15.9%	1 M €	+1.7%	1 M €	+30.2%	784,8 k €
EBITDA	232,5 k €	+0.4%	231,6 k €	+62.0%	142,9 k €	-39.7%	237,2 k €	+37.8%	172,2 k €
Operating result	225 k €	+2.3%	219,9 k €	+62.3%	135,5 k €	-40.3%	227,1 k €	+33.6%	169,9 k €
Net result	166 k €	+3.6%	160,3 k €	+51.7%	105,7 k €	-33.9%	159,8 k €	+33.7%	119,5 k €
Balance sheet
Equity	591,8 k €	-27.9%	820,9 k €	+7.0%	767,2 k €	+12.6%	681,6 k €	+27.0%	536,8 k €
Total assets	707,3 k €	-20.9%	893,9 k €	-0.9%	901,8 k €	+6.8%	844,1 k €	+20.1%	702,8 k €
Cash	174,9 k €	+39.4%	125,5 k €	+985%	11,6 k €	-96.2%	307,1 k €	-20.7%	387,1 k €
Debts	115,6 k €	+58.5%	72,9 k €	-45.8%	134,6 k €	-17.2%	162,5 k €	-1.2%	164,5 k €
Other
Workforce	3,0 ETP	+7.1%	2,8 ETP	-63.2%	7,6 ETP	+8.6%	7,0 ETP	+32.1%	5,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique Nedee	Managersince 24/10/2012
Tom Dresselaers	Managersince 24/10/2012

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Efficacy0466.863.968	Managing director20/11/2003 → 26/04/2009
Bob Buteneers	Director20/11/2003 → 2008 accounts

Other companies at this address

Korte Vianenstraat 2 2300 Turnhout

Company	CBE no.
Corsendonk Development Company● Active	1025.978.797
Corsendonk Services● Active	0674.607.086
HOTEL TURNHOUT● Active	0434.216.342
Kalianam● Active	1020.791.970
Kernversterking Kempen● Liquidation	0461.918.156
SERCU MICRODATA● Active	0446.725.877
SO SERVICES● Active	0652.777.930

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	03/07/2026	28/07/2025	07/06/2024	19/06/2023	05/09/2022	07/06/2021
General meeting	28/04/2026	29/04/2025	30/04/2024	25/04/2023	26/04/2022	15/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/04/2026	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	29/04/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/04/2024	07/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/04/2023	19/06/2023	Dutch	PDF
Abridged model	31/12/2021	26/04/2022	05/09/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	09/06/2020	Dutch	PDF
Abridged model	31/12/2018	18/02/2019	19/02/2019	Dutch	PDF
Abridged model	31/12/2017	24/04/2018	07/05/2018	Dutch	PDF
Abridged model	31/12/2016	25/04/2017	27/04/2017	Dutch	PDF
Abridged model	31/12/2015	26/04/2016	27/04/2016	Dutch	PDF
Abridged model	31/12/2014	28/04/2015	29/04/2015	Dutch	PDF
Abridged model	31/12/2013	29/04/2014	30/04/2014	Dutch	PDF
Abridged model	31/12/2012	23/04/2013	23/04/2013	Dutch	PDF
Abridged model	31/12/2011	24/04/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/04/2011	12/07/2012	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	24/04/2009	13/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/04/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/04/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique Nedee	Managersince 24/10/2012
Tom Dresselaers	Managersince 24/10/2012

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Efficacy0466.863.968	Managing director20/11/2003 → 26/04/2009
Bob Buteneers	Director20/11/2003 → 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/05/2021
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares17/10/2014
BUITENGEWONE ALGEMENE VERGADERING: KAPITAALVERMINDERING- î
PDF
Other24/09/2013
BUITENGEWONE ALGEMENE VERGADERING: WIJZIGING VAN HET DOEL -
PDF
Registered office19/11/2012
Wijziging zetel
PDF
Mandates19/11/2012
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other20/06/2006
NAAMWIJZIGING — AANPASSING VAN DE STATUTEN AAN HUIDIG H
PDF
Mandates02/01/2004
ONTSLAGEN - BENOEMINGEN - BENAMING - KAPITAAL - AANDELEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR - MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Dominique Nedee

Tom Dresselaers

Efficacy

Bob Buteneers

Luc Van Lommel

Johan Jacobs

19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Core-S-Ad

Korte Vianenstraat 2, 2300 Turnhout

Manager

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Korte Vianenstraat 2, 2300 TurnhoutCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00248020

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Core-S-AdCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00248020

Events

2025
Annual accounts 2025166 k €↑
2024
Annual accounts 2024160,3 k €↑
2023
Annual accounts 2023105,7 k €↓
2022
Annual accounts 2022159,8 k €↑
2021
Annual accounts 2021119,5 k €↓
2020
Annual accounts 2020151,5 k €↑
2019
Annual accounts 2019107,2 k €↓
2018
Annual accounts 2018111,6 k €↑
2017
Annual accounts 201763,4 k €↑
2016
Annual accounts 201647,2 k €↓
2015
Annual accounts 201563,2 k €↑
2014
Annual accounts 201449 k €↑
2013
Annual accounts 201340,1 k €↓
2012
Annual accounts 201278,9 k €↑
2011
Annual accounts 2011
2010
Annual accounts 201011,6 k €↑
2009
Annual accounts 2009-1,1 k €↓
2008
Annual accounts 2008-630,1 €↓
2007
Annual accounts 2007-342,2 €↑
2006
Annual accounts 2006-18,1 k €
28/04/1995
IncorporationPrivate limited company

Core-S-Ad

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events