ACTIVE

CORRECT BUSINESS

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Financial year 2025 · Closed on 30/06/2025

Net result33,9 k €+55,6 %over 1 year
Gross margin42,7 k €+34,1 %over 1 year
Equity100,5 k €+31,1 %over 1 year

Identity

Source · BCE/KBO

CORRECT BUSINESS is a Private company with limited liability incorporated in 2017. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Lokeren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0682.461.811
Incorporation
03/10/2017
Legal form
Private company with limited liability
Registered office
Oude Heerweg 2
9160 Lokeren · FlandreSee on map
Contributed capital
20 600,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin42,7 k €31,8 k €19 k €22,1 k €2,6 k €
EBITDA42,1 k €30,4 k €18,7 k €22,1 k €2,3 k €
Operating result39,3 k €30,4 k €9,6 k €22,1 k €2,2 k €
Net result33,9 k €21,8 k €8,5 k €23,8 k €349,4 €
Balance sheet
Equity100,5 k €76,7 k €54,9 k €46,5 k €22,7 k €
Total assets155,4 k €112,3 k €98,8 k €81,8 k €36,8 k €
Cash319,3 €1,5 k €2 k €1,8 k €1,7 k €
Debts54,8 k €35,6 k €43,9 k €35,4 k €13,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

Firat Ozen

Director

Active

Ended mandates

Firat Ozen

Director · since 03 octobre 2017

Ended
Firat Ozen

Manager · since 03 octobre 2017

Ended

Other companies at this address

Oude Heerweg 2 9160 Lokeren
CompanyCBE no.
Aboud AL● Active
1022.911.916
AS HUB● Active
0731.892.021
ASW SERVICES● Active
0804.424.166
B-TECHNICS● Active
1001.689.504
CF Motorsport● Active
1036.789.052
DEWITTE ADVISORY● Active
1034.441.751
DYLECTRO● Bankrupt
0841.926.247
EDG België Holding● Active
0725.840.508
Elconnectsyou● Active
1031.480.875
Expatgate● Active
0786.781.945
GRONDWERKEN VAN RAYSS● Active
1028.102.505
Jana Mathys● Active
1005.306.416
JM DRIVE● Active
1025.881.106
JOUW DRIVER● Active
0799.499.833
JS Projects● Active
0762.623.403
KARMA SERVICES● Active
1013.281.794
LIVE YOUR DREAMS● Active
0788.321.869
MEG GROUP● Active
1027.240.292
MET & AS● Active
1000.833.330
MIJN PERSOONLIJKE ASSISTENTIE● Active
0534.844.637

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/02/202630/09/202512/12/202427/02/202317/12/202110/03/2021
General meeting06/12/202519/09/202501/10/202402/12/202204/12/202105/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202506/12/202502/02/2026DutchPDF
Micro model30/06/202419/09/202530/09/2025DutchPDF
Micro model30/06/202301/10/202412/12/2024DutchPDF
Micro model30/06/202202/12/202227/02/2023DutchPDF
Micro model30/06/202104/12/202117/12/2021DutchPDF
Micro model30/06/202005/12/202010/03/2021DutchPDF
Micro model30/06/201930/12/201913/02/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

Firat Ozen

Director

Active

Ended mandates

Firat Ozen

Director · since 03 octobre 2017

Ended
Firat Ozen

Manager · since 03 octobre 2017

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office13/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/07/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202533,9 k €↑
  2. 2024
    Annual accounts 202421,8 k €↑
  3. 2023
    Annual accounts 20238,5 k €↓
  4. 2022
    Annual accounts 202223,8 k €↑
  5. 2021
    Annual accounts 2021349,4 €↑
  6. 2020
    Annual accounts 2020-7,8 k €↓
  7. 2019
    Annual accounts 20197,5 k €
  8. 03/10/2017
    IncorporationPrivate company with limited liability