ACTIVE

CORREDUC

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Financial year 2025 · closed on 31/12/2025

Net result

111,5 k €

+224.4% YoY

Gross margin

209,2 k €

+106.6% YoY

Equity

684,2 k €

+11.9% YoY

What does CORREDUC do?

CORREDUC is a Private limited company incorporated in 2003. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Lokeren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.337.079

Incorporation

16/01/2003

Legal form

Private limited company

Registered office

Spieveldstraat 53
9160 Lokeren · FlandreSee on map

Contributed capital

154 205,49 €

Latest accounts

31/12/2025

Activities (NACE)

25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25610Treatment and coating of metals

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	209,2 k €	+107%	101,3 k €	-31.9%	148,7 k €	+31.0%	113,6 k €	-43.0%	199,1 k €	+7.9%	184,5 k €	-9.0%	202,7 k €	-13.5%	234,5 k €	+18.2%	198,3 k €	-19.8%	247,4 k €	-11.2%	278,6 k €	+81.4%	153,6 k €	-22.2%	197,6 k €	-7.5%	213,6 k €	+20.1%	177,9 k €	+22.7%	145 k €	-31.8%	212,7 k €	+11.7%	190,5 k €	+54.0%	123,7 k €	+97.3%	62,7 k €
EBITDA	202 k €	+115%	94 k €	-27.4%	129,5 k €	+21.3%	106,8 k €	-41.9%	183,8 k €	+4.7%	175,5 k €	-1.6%	178,4 k €	+3.6%	172,2 k €	+20.1%	143,4 k €	-26.3%	194,4 k €	-16.2%	232,1 k €	+127%	102,2 k €	-27.1%	140,3 k €	-11.4%	158,4 k €	+10.4%	143,5 k €	+28.2%	111,9 k €	-42.7%	195,4 k €	+8.5%	180 k €	+54.2%	116,7 k €	+94.4%	60 k €
Operating result	160,1 k €	+207%	52,1 k €	-37.4%	83,3 k €	+45.8%	57,1 k €	-56.4%	131 k €	+6.8%	122,7 k €	+5.0%	116,8 k €	+11.0%	105,3 k €	+31.6%	80 k €	-36.8%	126,5 k €	-20.4%	159 k €	+961%	15 k €	-68.5%	47,6 k €	-19.9%	59,5 k €	+18.7%	50,1 k €	+13.8%	44 k €	-70.1%	147,1 k €	-7.8%	159,6 k €	+126%	70,6 k €	+88.6%	37,4 k €
Net result	111,5 k €	+224%	34,4 k €	-39.0%	56,3 k €	+76.1%	32 k €	-61.4%	82,8 k €	+15.4%	71,7 k €	+9.3%	65,6 k €	+12.1%	58,6 k €	+53.8%	38,1 k €	-39.2%	62,6 k €	-28.4%	87,4 k €	+573%	-18,5 k €	-311%	8,8 k €	-48.2%	16,9 k €	+134%	7,2 k €	-19.6%	9 k €	-89.8%	87,8 k €	-14.5%	102,8 k €	+115%	47,8 k €	+73.0%	27,6 k €
Balance sheet
Equity	684,2 k €	+11.9%	611,2 k €	-0.9%	616,7 k €	+3.4%	596,7 k €	-4.0%	621,4 k €	+15.2%	539,3 k €	+15.1%	468,4 k €	+16.1%	403,6 k €	+16.7%	345,8 k €	+12.1%	308,4 k €	+25.5%	245,7 k €	+55.2%	158,3 k €	-10.5%	176,8 k €	-6.3%	188,8 k €	+9.9%	171,8 k €	+4.4%	164,6 k €	-41.3%	280,6 k €	+45.6%	192,7 k €	+114%	90 k €	+113%	42,2 k €
Total assets	906,1 k €	+2.3%	886 k €	-8.2%	965 k €	+2.9%	937,6 k €	-8.8%	1 M €	+4.8%	980,8 k €	+3.1%	951,5 k €	+5.6%	901,2 k €	-2.0%	919,8 k €	-0.6%	925,1 k €	+2.8%	899,7 k €	+6.5%	845 k €	-7.7%	915,5 k €	-6.1%	975,5 k €	-1.6%	991 k €	-7.1%	1,1 M €	+11.4%	957,6 k €	+165%	361,2 k €	+36.6%	264,4 k €	+108%	127 k €
Cash	357,7 k €	+12.3%	318,6 k €	+29.9%	245,3 k €	+30.0%	188,8 k €	-63.3%	514,3 k €	+1.5%	507 k €	+30.9%	387,2 k €	+0.2%	386,4 k €	+28.3%	301,1 k €	+32.7%	227 k €	+1.2%	224,2 k €	+68.7%	132,9 k €	+30.8%	101,6 k €	+0.2%	101,4 k €	+74.8%	58 k €	-46.8%	108,9 k €	-48.4%	211,2 k €	+122%	95 k €	+172%	34,9 k €	+21.8%	28,6 k €
Debts	220,8 k €	-19.1%	273,1 k €	-21.3%	347,2 k €	+2.0%	340,5 k €	-16.2%	406,2 k €	-7.7%	440,2 k €	-8.9%	483,1 k €	-2.9%	497,6 k €	-13.3%	574 k €	-6.9%	616,8 k €	-5.7%	654 k €	-4.8%	686,6 k €	-7.0%	738,7 k €	-6.1%	786,7 k €	-4.0%	819,1 k €	-9.2%	901,8 k €	+33.2%	677 k €	+302%	168,5 k €	-3.4%	174,4 k €	+106%	84,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,3 ETP	+18.2%	1,1 ETP	-50.0%	2,2 ETP	+37.5%	1,6 ETP	+60.0%	1,0 ETP	+11.1%	0,9 ETP	-10.0%	1,0 ETP	+25.0%	0,8 ETP	0.0%	0,8 ETP	+300%	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 31/12/2025 · 1 active · 2 ended

Active mandates

Robert Wittock

Director · since 16 janvier 2003

Active

Ended mandates

Robert Wittock

Director

Ended

Robert Wittock

Manager

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	01/01/2025	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	14/07/2026	26/06/2025	21/11/2024	10/07/2023	21/06/2022	30/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	14/07/2026	Dutch	PDF
Micro model	31/12/2024	13/06/2025	26/06/2025	Dutch	PDF
Micro modelCorrection	31/12/2023	14/06/2024	21/11/2024	Dutch	PDF
Micro model	31/12/2023	14/06/2024	18/06/2024	Dutch	PDF
Micro model	31/12/2022	09/06/2023	10/07/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	21/06/2022	Dutch	PDF
Micro model	31/12/2020	11/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	12/06/2020	30/07/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	09/08/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	14/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	18/06/2012	Dutch	PDF
Abridged modelCorrection	31/12/2010	10/06/2011	26/10/2011	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	15/06/2007	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 · 1 active · 2 ended

Active mandates

Robert Wittock

Director · since 16 janvier 2003

Active

Ended mandates

Robert Wittock

Director

Ended

Robert Wittock

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office31/08/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other24/01/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025111,5 k €↑
2024
Annual accounts 202434,4 k €↓
2023
Annual accounts 202356,3 k €↑
2022
Annual accounts 202232 k €↓
2021
Annual accounts 202182,8 k €↑
2020
Annual accounts 202071,7 k €↑
2019
Annual accounts 201965,6 k €↑
2018
Annual accounts 201858,6 k €↑
2017
Annual accounts 201738,1 k €↓
2016
Annual accounts 201662,6 k €↓
2015
Annual accounts 201587,4 k €↑
2014
Annual accounts 2014-18,5 k €↓
2013
Annual accounts 20138,8 k €↓
2012
Annual accounts 201216,9 k €↑
2011
Annual accounts 20117,2 k €↓
2010
Annual accounts 20109 k €↓
2009
Annual accounts 200987,8 k €↓
2008
Annual accounts 2008102,8 k €↑
2007
Annual accounts 200747,8 k €↑
2006
Annual accounts 200627,6 k €
16/01/2003
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

CORREDUC

Overview

What does CORREDUC do?

Trend over 20 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