ACTIVE

Corso

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Financial year 2025 · closed on 30/06/2025

Net result

80 k €

+2.8% YoY

Gross margin

121,3 k €

-2.2% YoY

Equity

456,9 k €

-0.5% YoY

What does Corso do?

Corso is a Private limited company incorporated in 1999. Its main activity is: Pre-primary education. Its registered office is in Mons.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.819.428

Incorporation

08/09/1999

Legal form

Private limited company

Registered office

Avenue Albert Ier (H.) 64
7022 Mons · WallonieSee on map

Contributed capital

12 397,33 €

Latest accounts

30/06/2025

Activities (NACE)

85120Pre-primary education· main 86220Specialist medical practice activities 86220Specialist medical practice activities

Joint committees (2)

30502
330

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ 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	121,3 k €	-2.2%	124 k €	-18.5%	152,1 k €	-2.0%	155,2 k €	+14.9%	135,1 k €	+78.3%	75,8 k €	-54.3%	165,6 k €	+14.0%	145,3 k €	+27.3%	114,1 k €	+0.3%	113,7 k €	+17.9%	96,4 k €	-35.3%	149,1 k €	+8.0%	138,1 k €	-25.1%	184,3 k €	-5.0%	193,9 k €	-3.4%	200,8 k €	-5.6%	212,7 k €	+14.3%	186 k €	+9.9%	169,3 k €
EBITDA	111,9 k €	-2.5%	114,8 k €	-20.0%	143,5 k €	-2.3%	146,9 k €	+19.0%	123,5 k €	+91.2%	64,6 k €	-56.7%	149,2 k €	+13.3%	131,6 k €	+29.1%	102 k €	-2.6%	104,7 k €	+18.0%	88,8 k €	-36.9%	140,6 k €	+8.0%	130,2 k €	-26.5%	177,1 k €	-5.0%	186,3 k €	-2.9%	192 k €	-6.2%	204,7 k €	+15.0%	178,1 k €	+10.8%	160,6 k €
Operating result	105,4 k €	-3.4%	109,1 k €	-21.8%	139,5 k €	+10.7%	126 k €	+31.6%	95,7 k €	+177%	34,5 k €	-71.4%	120,8 k €	+25.7%	96,1 k €	+39.6%	68,9 k €	-10.6%	77,1 k €	+31.1%	58,8 k €	-4.8%	61,7 k €	+1.7%	60,7 k €	-44.7%	109,9 k €	-10.3%	122,5 k €	-7.2%	132,1 k €	+5.9%	124,8 k €	+43.4%	87 k €	+17.9%	73,9 k €
Net result	80 k €	+2.8%	77,8 k €	-20.8%	98,2 k €	+12.9%	87 k €	+30.8%	66,5 k €	+190%	22,9 k €	-72.2%	82,4 k €	+39.8%	58,9 k €	+35.8%	43,4 k €	-12.3%	49,5 k €	+33.5%	37,1 k €	+14.3%	32,4 k €	-28.8%	45,6 k €	-36.8%	72,1 k €	-5.0%	75,9 k €	-13.5%	87,7 k €	+6.1%	82,6 k €	+53.5%	53,9 k €	+20.2%	44,8 k €
Balance sheet
Equity	456,9 k €	-0.5%	459,3 k €	+4.3%	440,4 k €	+14.3%	385,1 k €	+29.2%	298,1 k €	+28.7%	231,6 k €	-5.7%	245,6 k €	+50.5%	163,2 k €	-16.0%	194,3 k €	+28.8%	150,9 k €	-0.3%	151,4 k €	+32.4%	114,3 k €	-29.4%	161,9 k €	+39.2%	116,3 k €	+163%	44,2 k €	-79.7%	218,4 k €	-34.0%	330,7 k €	+33.3%	248 k €	+27.7%	194,2 k €
Total assets	464,6 k €	+0.4%	462,6 k €	+3.7%	446,1 k €	+14.1%	391,1 k €	+16.3%	336,3 k €	+6.2%	316,8 k €	+2.3%	309,8 k €	-4.8%	325,3 k €	+43.8%	226,2 k €	-5.7%	239,8 k €	+3.2%	232,4 k €	-32.6%	344,9 k €	-2.1%	352,3 k €	-17.6%	427,6 k €	-24.8%	568,5 k €	-6.2%	606,2 k €	+6.9%	567,2 k €	+3.5%	548,1 k €	-16.7%	657,8 k €
Cash	422,3 k €	+105%	206 k €	-49.9%	411,5 k €	+12.6%	365,5 k €	+27.5%	286,7 k €	+26.8%	226,2 k €	+7.0%	211,3 k €	+8.8%	194,1 k €	+34.9%	143,9 k €	-8.3%	156,9 k €	+25.1%	125,4 k €	+1.6%	123,5 k €	+5.5%	117,1 k €	+53.0%	76,5 k €	-52.9%	162,3 k €	-17.5%	196,7 k €	+49.4%	131,6 k €	+45.4%	90,5 k €	-46.6%	169,4 k €
Debts	7,7 k €	+129%	3,4 k €	-41.0%	5,7 k €	-4.4%	5,9 k €	-84.4%	38,1 k €	-55.2%	85,2 k €	+32.8%	64,1 k €	-60.4%	162,1 k €	+409%	31,9 k €	-64.2%	88,9 k €	+9.7%	81,1 k €	-64.8%	230,6 k €	+21.1%	190,5 k €	-38.8%	311,3 k €	-40.6%	524,2 k €	+35.2%	387,9 k €	+64.0%	236,5 k €	-21.2%	300,1 k €	-35.3%	463,7 k €
Other
Workforce	–		–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 ETP	+33.3%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	+50.0%	0,2 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 30/06/2025 · 1 active · 2 ended

Active mandates

Jean Philippe CORNELIS

Manager · since 26 août 1999

Active

Ended mandates

Jean Philippe CORNELIS

Director · since 26 août 1999

Ended

Jean Philippe CORNELIS

Administrator - manager · since 26 août 1999

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/12/2025	16/12/2024	18/12/2023	19/12/2022	05/01/2022	07/01/2021
General meeting	15/12/2025	13/12/2024	15/12/2023	15/12/2022	31/12/2021	28/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	15/12/2025	19/12/2025	French	PDF
Micro model	30/06/2024	13/12/2024	16/12/2024	French	PDF
Micro model	30/06/2023	15/12/2023	18/12/2023	French	PDF
Micro model	30/06/2022	15/12/2022	19/12/2022	French	PDF
Micro model	30/06/2021	31/12/2021	05/01/2022	French	PDF
Micro model	30/06/2020	28/12/2020	07/01/2021	French	PDF
Micro model	30/06/2019	26/12/2019	06/01/2020	French	PDF
Abridged model	30/06/2018	28/12/2018	08/01/2019	French	PDF
Abridged model	30/06/2017	29/12/2017	15/01/2018	French	PDF
Abridged model	30/06/2016	15/12/2016	03/01/2017	French	PDF
Abridged model	30/06/2015	28/12/2015	07/01/2016	French	PDF
Abridged model	30/06/2014	26/12/2014	07/01/2015	French	PDF
Abridged model	30/06/2013	20/12/2013	06/01/2014	French	PDF
Abridged model	30/06/2012	28/12/2012	08/01/2013	French	PDF
Abridged model	30/06/2011	30/11/2011	26/12/2011	French	PDF
Abridged model	30/06/2010	31/12/2010	06/01/2011	French	PDF
Abridged model	30/06/2009	28/12/2009	11/01/2010	French	PDF
Abridged model	30/06/2008	26/12/2008	10/01/2009	French	PDF
Abridged model	30/06/2007	28/12/2007	02/01/2008	French	PDF
Abridged model	30/06/2006	29/12/2006	08/01/2007	French	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 30/06/2025 · 1 active · 2 ended

Active mandates

Jean Philippe CORNELIS

Manager · since 26 août 1999

Active

Ended mandates

Jean Philippe CORNELIS

Director · since 26 août 1999

Ended

Jean Philippe CORNELIS

Administrator - manager · since 26 août 1999

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares30/05/2018
CAPITAL, ACTIONS
PDF
Capital / shares08/04/2014
CAPITAL, ACTIONS
PDF
Capital / shares31/03/2005
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202580 k €↑
2024
Annual accounts 202477,8 k €↓
2023
Annual accounts 202398,2 k €↑
2022
Annual accounts 202287 k €↑
2021
Annual accounts 202166,5 k €↑
2020
Annual accounts 202022,9 k €↓
2019
Annual accounts 201982,4 k €↑
2018
Annual accounts 201858,9 k €↑
2017
Annual accounts 201743,4 k €↓
2016
Annual accounts 201649,5 k €↑
2015
Annual accounts 201537,1 k €↑
2014
Annual accounts 201432,4 k €↓
2013
Annual accounts 201345,6 k €↓
2012
Annual accounts 201272,1 k €↓
2011
Annual accounts 201175,9 k €↓
2010
Annual accounts 201087,7 k €↑
2009
Annual accounts 200982,6 k €↑
2008
Annual accounts 200853,9 k €↑
2007
Annual accounts 200744,8 k €
08/09/1999
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

Corso

Overview

What does Corso 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