ACTIVE

CORDEEL GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result58,7 M €+1 826,9 %over 1 year
Revenue10 M €+5,9 %over 1 year
Equity123,3 M €+90,9 %over 1 year
Workforce21,2 ETP+11,6 %over 1 year

Identity

Source · BCE/KBO

CORDEEL GROUP is a Public limited company incorporated in 1996. Its main activity is: Activities of holding companies. Its registered office is in Temse. It employs on average 21,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.393.294
Incorporation
24/06/1996
Legal form
Public limited company
Registered office
Frank Van Dyckelaan 15
9140 Temse · FlandreSee on map
Contributed capital
5 499 405,48 €
Latest accounts
31/12/2025
Average workforce
21,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 37 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue10 M €9,4 M €9,4 M €14,7 M €11,1 M €
EBITDA-1,1 M €196,6 k €-481 k €2,9 M €1,9 M €
Operating result-1,1 M €-388,5 k €-1,1 M €2,3 M €1,5 M €
Net result58,7 M €-3,4 M €13,7 M €19,9 M €-1,5 M €
Balance sheet
Equity123,3 M €64,6 M €68 M €54,3 M €34,4 M €
Total assets136,7 M €122,7 M €125,8 M €137,1 M €158,1 M €
Cash11,3 k €3,6 k €14,4 k €9,9 k €6,2 k €
Debts12,9 M €57 M €56,8 M €82 M €123,6 M €
Other
Workforce21,2 ETP19,0 ETP18,6 ETP17,6 ETP24,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BERT WEEMAES0537.167.687Represented by Bert Weemaes
Director23/11/2023 → 23/11/2029
DHK PROJECTS0676.531.151Represented by Kevin De Hainaut
Director20/10/2023 → 20/10/2029
Erik Groes
Director04/06/2021 → 20/10/2029
Aurélie Cordeel
Director02/06/2023 → 02/06/2029
Nova LaGa0563.544.462Represented by Laurence Gacoin
Director04/06/2021 → 04/06/2027
Erik De Bruyn
Director25/09/2014 → 05/06/2032
Filip Cordeel
Managing director25/09/2014 → 05/06/2032

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benoit Messiaen
Director04/06/2021 → 2023 accounts
Dirk Cordeel
Director04/06/2021 → 2023 accounts

Other companies at this address

Frank Van Dyckelaan 15 9140 Temse
CompanyCBE no.
ALBATROS DEVELOPMENT● Active
0836.362.704
BRUGGEN IN KAPELLEN● Active
0667.777.593
C2F1● Active
0744.436.002
C-Biotech● Active
0794.909.852
C-Energy● Active
0456.904.543
C-energy AssetCo● Active
1006.146.059
C-FARM● Active
1011.572.616
C-Fast● Active
0693.855.945
C-FIRE● Active
0415.201.669
C-Ground● Active
0477.733.413
C-LIVING● Active
0446.150.708
Cmart-Tech● Active
1022.779.480
C-RENTAL● Active
0508.811.817
+Earth+● Active
1015.202.196
EKKELGARDEN PARK● Active
0862.096.210
Gent Bellevue by C● Active
0808.093.340
GMMA● Active
0823.712.518
HELLEBREKERS● Active
0667.766.608
Imso● Active
0881.541.443
KRUCOR● Active
0823.805.360

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202614/07/202524/09/202431/08/202323/08/202209/07/2021
General meeting30/06/202630/06/202509/09/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 37 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202617/07/2026DutchPDF
Full model31/12/202430/06/202514/07/2025DutchPDF
Full model31/12/202309/09/202424/09/2024DutchPDF
Full model31/12/202230/06/202331/08/2023DutchPDF
Consolidated accounts31/12/202225/08/202331/08/2023DutchPDF
Full model31/12/202124/06/202223/08/2022DutchPDF
Consolidated accounts31/12/202131/08/202231/08/2022DutchPDF
Full model31/12/202025/06/202109/07/2021DutchPDF
Consolidated accounts31/12/202025/06/202109/07/2021DutchPDF
Full model31/12/201917/07/202004/09/2020DutchPDF
Consolidated accounts31/12/201902/10/202009/10/2020DutchPDF
Full model31/12/201828/06/201911/07/2019DutchPDF
Consolidated accounts31/12/201811/07/201919/07/2019DutchPDF
Full model31/12/201730/06/201812/07/2018DutchPDF
Consolidated accounts31/12/201712/07/201813/07/2018DutchPDF
Full model31/12/201630/06/201707/07/2017DutchPDF
Consolidated accounts31/12/201624/11/201724/11/2017DutchPDF
Full model31/12/201530/06/201605/08/2016DutchPDF
Consolidated accounts31/12/201525/08/201614/09/2016DutchPDF
Full model31/12/201426/06/201508/07/2015DutchPDF
Consolidated accounts31/12/201426/06/201508/07/2015DutchPDF
Full model31/12/201330/06/201411/07/2014DutchPDF
Consolidated accounts31/12/201330/06/201411/07/2014DutchPDF
Full model31/12/201207/06/201312/07/2013DutchPDF

View all 37 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

7 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BERT WEEMAES0537.167.687Represented by Bert Weemaes
Director23/11/2023 → 23/11/2029
DHK PROJECTS0676.531.151Represented by Kevin De Hainaut
Director20/10/2023 → 20/10/2029
Erik Groes
Director04/06/2021 → 20/10/2029
Aurélie Cordeel
Director02/06/2023 → 02/06/2029
Nova LaGa0563.544.462Represented by Laurence Gacoin
Director04/06/2021 → 04/06/2027
Erik De Bruyn
Director25/09/2014 → 05/06/2032
Filip Cordeel
Managing director25/09/2014 → 05/06/2032

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benoit Messiaen
Director04/06/2021 → 2023 accounts
Dirk Cordeel
Director04/06/2021 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/10/2026
    BAV dd. 16.09.2026 - ontslag
    PDF
  • Mandates08/07/2026
    ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING,
    PDF
  • Mandates25/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/09/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates08/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/02/2024
    DIVERSEN
    PDF
  • Mandates05/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2023
    ONTSLAGEN - BENOEMINGEN
    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
BERT WEEMAES
DHK PROJECTS
Erik Groes
Aurélie Cordeel
Nova LaGa
Filip Cordeel
Erik De Bruyn
Tsundoku Ventures
Dirk Cordeel
Benoit Messiaen
LAGASCA
InVigo
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032
CORDEEL GROUPCORDEEL INVEST
Frank Van Dyckelaan 15, 9140 Temse
Director
Director
Director
Director
Director
Managing director
Director
Director
DirectorManaging director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Frank Van Dyckelaan 15, 9140 TemseCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00318368

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CORDEEL GROUPCurrent
accounts 2014 → 2025
Accounts 2025 · 2026-00318368
CORDEEL INVEST
accounts 2006 → 2013
Accounts 2013 · 2014-29300566

Events

  1. 2025
    Annual accounts 202558,7 M €↑
  2. 2024
    Annual accounts 2024-3,4 M €↓
  3. 31/07/2024
    autre
  4. 2023
    Annual accounts 202313,7 M €↓
  5. 23/11/2023
    nominationBert Weemaes · bestuurder
  6. 20/10/2023
    nominationDHK Projects BV · bestuurder
  7. 20/10/2023
    nominationGroes Erik · bestuurder
  8. 25/08/2023
    reconductionVCLJ bedrijfsrevisoren BV · commissaris
  9. 02/06/2023
    nominationCORDEEL Aurélie · bestuurder
  10. 2022
    Annual accounts 202219,9 M €↑
  11. 2021
    Annual accounts 2021-1,5 M €↑
  12. 2020
    Annual accounts 2020-1,8 M €↓
  13. 2019
    Annual accounts 20194,4 M €↑
  14. 2018
    Annual accounts 20183 M €↑
  15. 2017
    Annual accounts 2017108,6 k €↓
  16. 2016
    Annual accounts 20161,1 M €↑
  17. 2015
    Annual accounts 2015-128 k €↓
  18. 2014
    Annual accounts 2014643,8 k €↑
  19. 2014
    Name changeCORDEEL GROUP
  20. 2013
    Annual accounts 2013-560 k €↓
  21. 2012
    Annual accounts 20122,5 M €↓
  22. 2011
    Annual accounts 201112,2 M €↑
  23. 2010
    Annual accounts 2010179,7 k €↓
  24. 2009
    Annual accounts 20091,1 M €↓
  25. 2008
    Annual accounts 20083,9 M €↑
  26. 2007
    Annual accounts 2007659,6 k €↓
  27. 2006
    Annual accounts 20063,6 M €
  28. 24/06/1996
    IncorporationPublic limited company