ACTIVE

CORETEC ENERGY

Financial year 2025 · closed on 31/12/2025
Net result
-141,2 k €
+75.0% YoY
Revenue
720 k €
+27.4% YoY
Equity
5,5 M €
-2.5% YoY
Workforce
3,8 ETP
-5.0% YoY

What does CORETEC ENERGY do?

CORETEC ENERGY is a Public limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Awans. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0667.749.186
Incorporation
15/12/2016
Legal form
Public limited company
Registered office
Rue de la Chaudronnerie 14
4340 Awans · WallonieSee on map
Contributed capital
9 247 000,00 €
Latest accounts
31/12/2025
Average workforce
3,8 ETP
Joint committees (2)
  • 100
  • 200
Signals
Solid equityPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue720 k €565 k €1,4 M €1,3 M €1,1 M €976,9 k €1 M €
EBITDA999,6 k €-280 k €72,7 k €172,1 k €188 k €230,2 k €191,7 k €-55,5 k €-4,7 k €
Operating result894,6 k €-452,3 k €-240,1 k €-8,4 k €-850,6 €59,8 k €67,7 k €-56,6 k €-5,7 k €
Net result-141,2 k €-564,4 k €-2,9 M €-1,4 M €-4,3 M €4,4 M €207 k €402,3 k €979,3 k €
Balance sheet
Equity5,5 M €5,7 M €6,3 M €9,2 M €10,6 M €14,9 M €10,5 M €10,2 M €979,3 k €
Total assets11,1 M €13,5 M €12,5 M €11,8 M €12,8 M €16,7 M €11,8 M €10,7 M €1,1 M €
Cash247,9 k €80 k €14,6 k €15,3 k €11,6 k €19,5 k €86,7 k €493,1 k €33,8 k €
Debts5,6 M €7,8 M €6,2 M €2,6 M €2,2 M €1,8 M €1,3 M €459 k €141,9 k €
Other
Workforce3,8 ETP4,0 ETP5,0 ETP4,3 ETP4,8 ETP4,2 ETP3,0 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 · 4 active · 16 ended

Active mandates

CONSULFIN

Director · since 31 mars 2025 · until 31 mars 2031 · 1008.347.662

Represented by Denis Quetin

Active
Eric De Seguins Pazzis d'Aubignan

Director · since 02 juillet 2020 · until 25 juin 2026

Active
Germaine Gautier

Director · since 02 juillet 2020 · until 25 juin 2026

Active
Sébastien Ugona

Director · since 02 juillet 2020 · until 25 juin 2026

Active

Ended mandates

CONSULFIN

Director · since 31 mars 2025 · 1008.347.662

Represented by Denis QUETIN

Ended
Frédéric Dardenne

Director · since 15 février 2021 · until 24 juin 2027

Ended
Frédéric Dardenne

Director · since 15 février 2021

Ended
DYNARIS

Director · since 25 août 2020 · until 25 juin 2026 · 0459.804.249

Represented by Pierre-Yves DOZO

Ended
At this address

Other companies at this address

CompanyCBE no.
COGENFINActive
0691.652.164
COGEN SERVICEActive
0677.717.917
0829.505.101
0698.826.602
0802.832.574
0670.423.814
ENERGYSActive
0866.925.721
0824.920.167
Annual accounts

Full financial information

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 date15/06/202629/07/202522/08/202408/01/202410/01/202308/09/2021
General meeting31/05/202626/06/202509/08/202416/08/202323/06/202202/07/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/05/202615/06/2026FrenchPDF
Full model31/12/202426/06/202529/07/2025FrenchPDF
Full model31/12/202309/08/202422/08/2024FrenchPDF
Full modelCorrection31/12/202216/08/202308/01/2024FrenchPDF
Full model31/12/202214/08/202330/08/2023FrenchPDF
Full modelCorrection31/12/202123/06/202210/01/2023FrenchPDF
Full model31/12/202123/06/202230/08/2022FrenchPDF
Full model31/12/202002/07/202108/09/2021FrenchPDF
Full model31/12/201931/05/202031/07/2020FrenchPDF
Full model31/12/201827/06/201915/11/2019FrenchPDF
Abridged modelCorrection31/12/201728/06/201803/06/2019FrenchPDF
Abridged model31/12/201728/06/201824/10/2018FrenchPDF
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 · 4 active · 16 ended

Active mandates

CONSULFIN

Director · since 31 mars 2025 · until 31 mars 2031 · 1008.347.662

Represented by Denis Quetin

Active
Eric De Seguins Pazzis d'Aubignan

Director · since 02 juillet 2020 · until 25 juin 2026

Active
Germaine Gautier

Director · since 02 juillet 2020 · until 25 juin 2026

Active
Sébastien Ugona

Director · since 02 juillet 2020 · until 25 juin 2026

Active

Ended mandates

CONSULFIN

Director · since 31 mars 2025 · 1008.347.662

Represented by Denis QUETIN

Ended
Frédéric Dardenne

Director · since 15 février 2021 · until 24 juin 2027

Ended
Frédéric Dardenne

Director · since 15 février 2021

Ended
DYNARIS

Director · since 25 août 2020 · until 25 juin 2026 · 0459.804.249

Represented by Pierre-Yves DOZO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/01/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other19/11/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    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 2025-141,2 k €
  2. 2024
    Annual accounts 2024-564,4 k €
  3. 2023
    Annual accounts 2023-2,9 M €
  4. 2022
    Annual accounts 2022-1,4 M €
  5. 2021
    Annual accounts 2021-4,3 M €
  6. 2020
    Annual accounts 20204,4 M €
  7. 2019
    Annual accounts 2019207 k €
  8. 2018
    Annual accounts 2018402,3 k €
  9. 2017
    Annual accounts 2017979,3 k €
  10. 15/12/2016
    IncorporationPublic limited company