ACTIVE

CORBEO

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Financial year 2025 · closed on 31/12/2025

Net result

-55,7 k €

-307.7% YoY

Gross margin

1,4 M €

-13.1% YoY

Equity

1,8 M €

-3.0% YoY

Workforce

19,0 ETP

-7.3% YoY

What does CORBEO do?

CORBEO is a Public limited company incorporated in 1995. Its main activity is: Manufacture of cordage, rope, twine and netting. Its registered office is in Zele. It employs on average 19,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.681.047

Incorporation

08/12/1995

Legal form

Public limited company

Registered office

Poldergotestraat 22
9240 Zele · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

19,0 ETP

Activities (NACE)

13940Manufacture of cordage, rope, twine and netting· main 13940Manufacture of cordage, rope, twine and netting 17520Manufacture of paper and paper products 46900Non-specialised wholesale trade 46900Non-specialised wholesale trade 51900Air transport

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	-13.1%	1,6 M €	+4.4%	1,5 M €	-8.4%	1,6 M €	-11.9%	1,8 M €	+66.7%	1,1 M €	+11.7%	993,4 k €	+16.8%	850,2 k €	+1.3%	839 k €	+4.1%	805,6 k €	+23.2%	653,7 k €	+14.8%	569,3 k €	-0.8%	573,8 k €	+19.0%	482,3 k €	-12.1%	548,8 k €
EBITDA	325,9 k €	-26.8%	445,3 k €	+8.9%	408,7 k €	-23.7%	535,8 k €	-25.7%	721,4 k €	+128%	316,2 k €	+4.4%	302,8 k €	+45.2%	208,5 k €	+6.5%	195,8 k €	-10.0%	217,6 k €	+22.4%	177,7 k €	-0.2%	178 k €	-16.7%	213,6 k €	+26.2%	169,3 k €	-3.1%	174,7 k €
Operating result	18,2 k €	-87.9%	150,3 k €	+53.0%	98,2 k €	-63.9%	272,3 k €	-47.1%	514,3 k €	+137%	216,7 k €	+4.2%	207,9 k €	+39.8%	148,7 k €	+12.8%	131,8 k €	-11.6%	149,1 k €	+119%	68,1 k €	-38.2%	110,1 k €	-17.7%	133,8 k €	+33.9%	100 k €	+10.5%	90,4 k €
Net result	-55,7 k €	-308%	26,8 k €	-9.9%	29,8 k €	-84.0%	186,3 k €	-50.1%	373,4 k €	+144%	153,3 k €	+16.5%	131,6 k €	+53.5%	85,7 k €	+7.0%	80,1 k €	+0.8%	79,5 k €	+77.0%	44,9 k €	-3.1%	46,4 k €	-24.3%	61,2 k €	+40.9%	43,5 k €	+65.4%	26,3 k €
Balance sheet
Equity	1,8 M €	-3.0%	1,9 M €	+1.5%	1,8 M €	+1.7%	1,8 M €	+6.6%	1,7 M €	+58.6%	1,1 M €	+13.1%	939,4 k €	+16.3%	807,8 k €	+11.9%	722,1 k €	+12.5%	642 k €	+14.1%	562,5 k €	+8.7%	517,6 k €	+9.8%	471,2 k €	+14.9%	410 k €	+11.9%	366,5 k €
Total assets	3,1 M €	-12.6%	3,5 M €	-4.1%	3,6 M €	-14.5%	4,3 M €	+9.5%	3,9 M €	+75.5%	2,2 M €	+3.6%	2,1 M €	+13.0%	1,9 M €	+2.0%	1,9 M €	-12.8%	2,1 M €	-7.6%	2,3 M €	+32.5%	1,7 M €	-2.7%	1,8 M €	+2.0%	1,8 M €	+7.4%	1,6 M €
Cash	199,8 k €	+8.4%	184,3 k €	-21.3%	234,1 k €	+10.9%	211 k €	+14.7%	184 k €	+199%	61,5 k €	-70.8%	211 k €	+116%	97,5 k €	+7.2%	91 k €	-51.5%	187,6 k €	-5.7%	198,8 k €	+20.5%	165 k €	+52.6%	108,1 k €	-40.6%	182 k €	-16.0%	216,8 k €
Debts	1,2 M €	-23.7%	1,6 M €	-10.1%	1,8 M €	-25.5%	2,4 M €	+10.4%	2,2 M €	+91.4%	1,1 M €	-3.2%	1,2 M €	+10.5%	1,1 M €	-3.6%	1,1 M €	-24.2%	1,5 M €	-14.5%	1,7 M €	+43.8%	1,2 M €	-6.6%	1,3 M €	-2.2%	1,3 M €	+5.0%	1,2 M €
Other
Workforce	19,0 ETP	-7.3%	20,5 ETP	+7.9%	19,0 ETP	-8.7%	20,8 ETP	+5.6%	19,7 ETP	+25.5%	15,7 ETP	+18.0%	13,3 ETP	-1.5%	13,5 ETP	-1.5%	13,7 ETP	0.0%	13,7 ETP	+22.3%	11,2 ETP	+14.3%	9,8 ETP	+15.3%	8,5 ETP	+9.0%	7,8 ETP	-20.4%	9,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

GELIMA

Director · since 30 mars 2023 · until 19 mai 2028 · 0783.802.362

Represented by Juan ZAPATA RODRIGUEZ

Active

SILOGOS BEHEER

Managing director · since 30 mars 2023 · until 19 mai 2028 · 0431.773.031

Represented by Silvie GOEMINNE

Active

SONEVA

Managing director · since 30 mars 2023 · until 19 mai 2028 · 0880.626.574

Represented by Wilfried Baeten

Active

Ended mandates

SILOGOS BEHEER

Director · since 02 janvier 2018 · until 15 mai 2023 · 0431.773.031

Represented by Silvie Goeminne

Ended

SILOGOS BEHEER

Managing director · since 02 janvier 2018 · until 15 mai 2023 · 0431.773.031

Represented by Silvie Goeminne

Ended

SILOGOS BEHEER

Managing director · since 02 janvier 2018 · until 19 mai 2023 · 0431.773.031

Represented by Silvie Goeminne

Ended

Silvie Goeminne

Managing director · since 02 janvier 2018 · until 13 novembre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
SOLIS● Active	0697.803.548

Annual accounts

Full financial information

	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	09/04/2026	14/04/2025	10/04/2024	04/04/2023	25/04/2022	12/04/2021
General meeting	31/03/2026	31/03/2025	05/04/2024	30/03/2023	21/04/2022	08/04/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/03/2026	09/04/2026	Dutch	PDF
Abridged model	31/12/2024	31/03/2025	14/04/2025	Dutch	PDF
Abridged model	31/12/2023	05/04/2024	10/04/2024	Dutch	PDF
Abridged model	31/12/2022	30/03/2023	04/04/2023	Dutch	PDF
Abridged model	31/12/2021	21/04/2022	25/04/2022	Dutch	PDF
Abridged model	31/12/2020	08/04/2021	12/04/2021	Dutch	PDF
Abridged model	31/12/2019	21/04/2020	12/05/2020	Dutch	PDF
Abridged model	31/12/2018	18/03/2019	25/03/2019	Dutch	PDF
Abridged model	31/12/2017	13/03/2018	21/03/2018	Dutch	PDF
Abridged modelCorrection	31/12/2016	21/03/2017	08/05/2017	Dutch	PDF
Abridged model	31/12/2016	21/03/2017	28/03/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	12/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	14/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

GELIMA

Director · since 30 mars 2023 · until 19 mai 2028 · 0783.802.362

Represented by Juan ZAPATA RODRIGUEZ

Active

SILOGOS BEHEER

Managing director · since 30 mars 2023 · until 19 mai 2028 · 0431.773.031

Represented by Silvie GOEMINNE

Active

SONEVA

Managing director · since 30 mars 2023 · until 19 mai 2028 · 0880.626.574

Represented by Wilfried Baeten

Active

Ended mandates

SILOGOS BEHEER

Director · since 02 janvier 2018 · until 15 mai 2023 · 0431.773.031

Represented by Silvie Goeminne

Ended

SILOGOS BEHEER

Managing director · since 02 janvier 2018 · until 15 mai 2023 · 0431.773.031

Represented by Silvie Goeminne

Ended

SILOGOS BEHEER

Managing director · since 02 janvier 2018 · until 19 mai 2023 · 0431.773.031

Represented by Silvie Goeminne

Ended

Silvie Goeminne

Managing director · since 02 janvier 2018 · until 13 novembre 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2019
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/07/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/03/2015
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2008
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 2025-55,7 k €↓
2024
Annual accounts 202426,8 k €↓
2023
Annual accounts 202329,8 k €↓
2022
Annual accounts 2022186,3 k €↓
2021
Annual accounts 2021373,4 k €↑
2015
Annual accounts 2015153,3 k €↑
2014
Annual accounts 2014131,6 k €↑
2013
Annual accounts 201385,7 k €↑
2012
Annual accounts 201280,1 k €↑
2011
Annual accounts 201179,5 k €↑
2010
Annual accounts 201044,9 k €↓
2009
Annual accounts 200946,4 k €↓
2008
Annual accounts 200861,2 k €↑
2007
Annual accounts 200743,5 k €↑
2006
Annual accounts 200626,3 k €
08/12/1995
IncorporationPublic 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

CORBEO

Overview

What does CORBEO do?

Trend over 15 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