ACTIVE

CORRECT

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Financial year 2025 · closed on 31/12/2025
Net result
82,1 k €
-8.7% YoY
Gross margin
421,6 k €
+6.2% YoY
Equity
568,3 k €
+4.4% YoY

What does CORRECT do?

CORRECT is a Private limited company incorporated in 1999. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Grobbendonk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0465.579.115
Incorporation
16/03/1999
Legal form
Private limited company
Registered office
Heibloemlaan 22
2280 Grobbendonk · FlandreSee on map
Contributed capital
12 621,50 €
Latest accounts
31/12/2025
Activities (NACE)
74700Other professional, scientific and technical activities· main81220Other building and industrial cleaning activities81220Other building and industrial cleaning activities43240Electrical, plumbing and other construction installation activities43299Other construction installation45340Sale of motor vehicle parts and accessories
Joint committees (2)
  • 121
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin421,6 k €397 k €364,5 k €325,9 k €301,8 k €233,8 k €313,5 k €308,3 k €246,9 k €232,5 k €213,9 k €204,2 k €155,7 k €161 k €104,1 k €74,8 k €62 k €67,6 k €61 k €49,7 k €
EBITDA155,4 k €140,4 k €109,2 k €119,2 k €104,2 k €69,1 k €101,5 k €100,1 k €74,3 k €68,4 k €64,7 k €66,2 k €44,4 k €51,6 k €30,5 k €12,6 k €-6,2 k €4,3 k €21,9 k €12,7 k €
Operating result123,5 k €116,6 k €95,1 k €105,5 k €91,5 k €59,9 k €92,3 k €87,3 k €60,7 k €51,3 k €50,9 k €51,9 k €37,7 k €41,9 k €24,8 k €6,9 k €-9,9 k €-619,6 €19,5 k €10 k €
Net result82,1 k €89,9 k €75 k €70,1 k €62,8 k €42,2 k €56,7 k €55,9 k €35,8 k €32,6 k €31,8 k €33,8 k €24,2 k €26,4 k €16,4 k €6 k €-10,4 k €-904,2 €12,4 k €7,5 k €
Balance sheet
Equity568,3 k €544,1 k €475,3 k €416,1 k €345,9 k €304,5 k €276,6 k €219,9 k €178,3 k €156,8 k €138,5 k €120,4 k €99,9 k €75,7 k €49,3 k €32,8 k €26,9 k €37,3 k €38,1 k €25,7 k €
Total assets615,2 k €597,5 k €524,9 k €448,2 k €393 k €335,3 k €293,5 k €259,1 k €222 k €199,8 k €197,4 k €184,8 k €129,2 k €99,2 k €66,7 k €49,9 k €42,8 k €56,3 k €46 k €36,3 k €
Cash177,3 k €334 k €280,7 k €221,1 k €157,5 k €129,5 k €124,8 k €131,1 k €75,3 k €91 k €75,8 k €40,7 k €58,3 k €48,3 k €42,2 k €20 k €12,9 k €26,1 k €24,4 k €16,4 k €
Debts47 k €53,4 k €49,7 k €32,1 k €47 k €30,8 k €16,9 k €39,3 k €43,5 k €43 k €58,9 k €64,4 k €29,3 k €23,5 k €17,4 k €17 k €15,9 k €16,1 k €8 k €10,7 k €
Other
Workforce––––––––––3,0 ETP2,8 ETP2,3 ETP2,4 ETP1,9 ETP1,6 ETP1,7 ETP1,5 ETP1,0 ETP1,1 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 · 1 active · 9 ended

Active mandates

MARC MOORS

Director

Active

Ended mandates

Marc Moors

Director · since 01 juillet 2010

Ended
MARC MOORS

Manager · since 01 juillet 2010

Ended
CATHY SCHRUWS

Manager · since 01 juillet 2008

Ended
MARC MOORS

Director · since 11 mars 1999

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date13/08/202611/08/202520/08/202410/08/202315/07/202220/07/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202613/08/2026DutchPDF
Micro model31/12/202430/06/202511/08/2025DutchPDF
Micro model31/12/202330/06/202420/08/2024DutchPDF
Micro model31/12/202230/06/202310/08/2023DutchPDF
Micro model31/12/202130/06/202215/07/2022DutchPDF
Micro model31/12/202025/06/202120/07/2021DutchPDF
Micro model31/12/201930/06/202007/08/2020DutchPDF
Micro model31/12/201828/06/201908/07/2019DutchPDF
Micro model31/12/201722/06/201828/06/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201530/06/201618/07/2016DutchPDF
Abridged model31/12/201430/06/201528/07/2015DutchPDF
Abridged model31/12/201330/06/201431/07/2014DutchPDF
Abridged model31/12/201230/06/201306/08/2013DutchPDF
Abridged model31/12/201130/06/201208/08/2012DutchPDF
Abridged model31/12/201024/06/201130/06/2011DutchPDF
Abridged model31/12/200930/06/201027/07/2010DutchPDF
Abridged model31/12/200826/06/200930/07/2009DutchPDF
Abridged model31/12/200727/06/200805/08/2008DutchPDF
Abridged model31/12/200622/06/200727/06/2007DutchPDF
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 · 1 active · 9 ended

Active mandates

MARC MOORS

Director

Active

Ended mandates

Marc Moors

Director · since 01 juillet 2010

Ended
MARC MOORS

Manager · since 01 juillet 2010

Ended
CATHY SCHRUWS

Manager · since 01 juillet 2008

Ended
MARC MOORS

Director · since 11 mars 1999

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/10/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 202582,1 k €↓
  2. 2024
    Annual accounts 202489,9 k €↑
  3. 2023
    Annual accounts 202375 k €↑
  4. 2022
    Annual accounts 202270,1 k €↑
  5. 2021
    Annual accounts 202162,8 k €↑
  6. 2020
    Annual accounts 202042,2 k €↓
  7. 2019
    Annual accounts 201956,7 k €↑
  8. 2018
    Annual accounts 201855,9 k €↑
  9. 2017
    Annual accounts 201735,8 k €↑
  10. 2016
    Annual accounts 201632,6 k €↑
  11. 2015
    Annual accounts 201531,8 k €↓
  12. 2014
    Annual accounts 201433,8 k €↑
  13. 2013
    Annual accounts 201324,2 k €↓
  14. 2012
    Annual accounts 201226,4 k €↑
  15. 2011
    Annual accounts 201116,4 k €↑
  16. 2010
    Annual accounts 20106 k €↑
  17. 2009
    Annual accounts 2009-10,4 k €↓
  18. 2008
    Annual accounts 2008-904,2 €↓
  19. 2007
    Annual accounts 200712,4 k €↑
  20. 2006
    Annual accounts 20067,5 k €
  21. 16/03/1999
    IncorporationPrivate limited company