ACTIVE

CORETEC Services

Financial year 2025 · closed on 31/12/2025
Net result
468,1 k €
+21.0% YoY
Revenue
4,2 M €
+32.7% YoY
Equity
1,4 M €
+52.7% YoY
Workforce
3,7 ETP
-14.0% YoY

What does CORETEC Services do?

CORETEC Services is a Public limited company incorporated in 2017. Its main activity is: Production of electricity. Its registered office is in Awans. It employs on average 3,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0670.423.814
Incorporation
26/01/2017
Legal form
Public limited company
Registered office
Rue de la Chaudronnerie 14
4340 Awans · WallonieSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
3,7 ETP
Joint committees (1)
  • 209
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue4,2 M €3,1 M €3,3 M €577,6 k €546 k €479,7 k €
EBITDA2,3 M €2 M €1,9 M €629,9 k €824 k €345,5 k €325 k €331 k €-4,6 k €
Operating result826 k €715 k €727,2 k €261 k €263,7 k €90,5 k €76,9 k €124,2 k €-4,6 k €
Net result468,1 k €386,7 k €90,9 k €15,7 k €86,7 k €9,8 k €2,7 k €51,8 k €-5,8 k €
Balance sheet
Equity1,4 M €888,6 k €501,8 k €410,9 k €395,2 k €308,5 k €298,7 k €296 k €244,2 k €
Total assets15,8 M €17,3 M €16,2 M €17,4 M €9,6 M €7,4 M €4,5 M €3,2 M €2,5 M €
Cash511,1 k €715,4 k €355,5 k €773,8 k €233,5 k €719,7 k €228,1 k €503,3 k €400,8 k €
Debts13,8 M €15,8 M €15,3 M €16,8 M €9,1 M €7 M €4,1 M €2,9 M €2,3 M €
Other
Workforce3,7 ETP4,3 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

CONSULFIN

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

Represented by Denis Quetin

Active
JANUS

Director · since 31 mars 2025 · until 31 mars 2031 · 0878.753.979

Represented by Jan Lecompte

Active
CORETEC ENERGY

Director · since 05 octobre 2020 · until 05 octobre 2026 · 0667.749.186

Represented by Sébastien UGONA

Active

Ended mandates

CONSULFIN

Director · since 31 mars 2025 · 1008.347.662

Represented by Denis Quetin

Ended
JANUS

Director · since 31 mars 2025 · 0878.753.979

Represented by Jan Lecompte

Ended
CORETEC ENERGY

Director · since 30 juin 2022 · until 30 juin 2028 · 0667.749.186

Represented by Frédéric Dardenne

Ended
CORETEC ENERGY

Director · since 30 juin 2022 · until 30 juin 2028 · 0667.749.186

Represented by Sébastien Ugona

Ended
At this address

Other companies at this address

CompanyCBE no.
COGENFINActive
0691.652.164
COGEN SERVICEActive
0677.717.917
CORETEC ENERGYActive
0667.749.186
0829.505.101
0698.826.602
0802.832.574
ENERGYSActive
0866.925.721
0824.920.167
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date15/06/202629/07/202522/08/202430/08/202330/08/202225/08/2021
General meeting31/05/202626/06/202509/08/202416/08/202323/06/202225/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/05/202615/06/2026FrenchPDF
Abridged model31/12/202426/06/202529/07/2025FrenchPDF
Abridged model31/12/202309/08/202422/08/2024FrenchPDF
Abridged model31/12/202216/08/202330/08/2023FrenchPDF
Abridged model31/12/202123/06/202230/08/2022FrenchPDF
Abridged model31/12/202025/06/202125/08/2021FrenchPDF
Abridged model31/12/201925/06/202031/07/2020FrenchPDF
Abridged model31/12/201830/04/201903/07/2019FrenchPDF
Abridged model31/12/201728/06/201821/08/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 9 ended

Active mandates

CONSULFIN

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

Represented by Denis Quetin

Active
JANUS

Director · since 31 mars 2025 · until 31 mars 2031 · 0878.753.979

Represented by Jan Lecompte

Active
CORETEC ENERGY

Director · since 05 octobre 2020 · until 05 octobre 2026 · 0667.749.186

Represented by Sébastien UGONA

Active

Ended mandates

CONSULFIN

Director · since 31 mars 2025 · 1008.347.662

Represented by Denis Quetin

Ended
JANUS

Director · since 31 mars 2025 · 0878.753.979

Represented by Jan Lecompte

Ended
CORETEC ENERGY

Director · since 30 juin 2022 · until 30 juin 2028 · 0667.749.186

Represented by Frédéric Dardenne

Ended
CORETEC ENERGY

Director · since 30 juin 2022 · until 30 juin 2028 · 0667.749.186

Represented by Sébastien Ugona

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
  • Mandates26/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/10/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other30/01/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025468,1 k €
  2. 2024
    Annual accounts 2024386,7 k €
  3. 2023
    Annual accounts 202390,9 k €
  4. 2022
    Annual accounts 202215,7 k €
  5. 2021
    Annual accounts 202186,7 k €
  6. 2020
    Annual accounts 20209,8 k €
  7. 2019
    Annual accounts 20192,7 k €
  8. 2018
    Annual accounts 201851,8 k €
  9. 2017
    Annual accounts 2017-5,8 k €
  10. 26/01/2017
    IncorporationPublic limited company