ACTIVE

CorQuest MedTech

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Financial year 2025 · Closed on 31/12/2025

Net result-194,6 k €-20,0 %over 1 year

Gross margin18,5 k €-42,4 %over 1 year

Equity552,8 k €-26,0 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CorQuest MedTech is a Private limited company incorporated in 2019. Its main activity is: Manufacture of irradiation, electromedical and electrotherapeutic equipment. Its registered office is in Namur. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0733.537.853
Incorporation: 30/08/2019
Legal form: Private limited company
Registered office: Rue Lieut.Col.Maniette(TX) 4
5020 Namur · WallonieSee on map
Contributed capital: 936 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

26600Manufacture of irradiation, electromedical and electrotherapeutic equipment· main 26600Manufacture of irradiation, electromedical and electrotherapeutic equipment 32500Manufacture of medical and dental instruments and supplies 32500Manufacture of medical and dental instruments and supplies 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods+14

Signals

Solid equityHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	18,5 k €	-42.4%	32,1 k €	-75.6%	131,6 k €	-37.8%	211,6 k €	+772%	-31,5 k €
EBITDA	-6,4 k €	+89.3%	-60 k €	-295%	30,8 k €	-83.5%	187,1 k €	+683%	-32,1 k €
Operating result	-193,8 k €	-18.7%	-163,3 k €	-836%	-17,4 k €	-110%	168,4 k €	+624%	-32,1 k €
Net result	-194,6 k €	-20.0%	-162,2 k €	-808%	-17,9 k €	-111%	167,9 k €	+619%	-32,4 k €
Balance sheet
Equity	552,8 k €	-26.0%	747,4 k €	+57.5%	474,6 k €	-3.6%	492,5 k €	+51.7%	324,6 k €
Total assets	675,1 k €	-27.0%	925,1 k €	+26.7%	730,2 k €	+8.5%	672,8 k €	+34.4%	500,6 k €
Cash	41,8 k €	-61.5%	108,5 k €	-59.5%	267,7 k €	-33.6%	403,3 k €	-19.4%	500,5 k €
Debts	121,3 k €	-31.3%	176,6 k €	-30.7%	254,8 k €	+41.6%	180 k €	+2.4%	175,7 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud van SCHEVENSTEEN	Directorsince 28/08/2019
Didier DE CARNIERE	Directorsince 28/08/2019
Merlot Management1005.438.949Represented by Olivier Decuypere	Director
Sandra SPIRITELLI	Director
Séverine DE SADELEER	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Olivier Decuypere	Director17/12/2021 → 2023 accounts

Other companies at this address

Rue Lieut.Col.Maniette(TX) 4 5020 Namur

Company	CBE no.
CAP SUR L'EAU● Active	0473.264.780

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/08/2019
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	17 months
Filing date	24/08/2026	31/08/2025	31/07/2024	29/06/2023	09/08/2022	05/10/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	03/06/2022	07/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	24/08/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	31/08/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	31/07/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	09/08/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	05/10/2021	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud van SCHEVENSTEEN	Directorsince 28/08/2019
Didier DE CARNIERE	Directorsince 28/08/2019
Merlot Management1005.438.949Represented by Olivier Decuypere	Director
Sandra SPIRITELLI	Director
Séverine DE SADELEER	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Olivier Decuypere	Director17/12/2021 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office09/03/2026
SIEGE SOCIAL
PDF
Mandates01/10/2024
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates20/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office07/02/2024
SIEGE SOCIAL
PDF
Mandates23/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other03/09/2019
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings6 filings

Mandates

Merlot Management

Arnaud van SCHEVENSTEEN

Didier DE CARNIERE

Séverine DE SADELEER

Sandra SPIRITELLI

Olivier Decuypere

20192020202120222023202420252026

CorQuest MedTech

Chemin du Cyclotron 6, 1348 Louvain-la-NeuveRUE DE L'ETANG, NODEBAIS 33, 1320 Beauvechain

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Lieut.Col.Maniette(TX) 4, 5020 ChampionCurrent		CBE
Rue Lieutenant-Colonel Maniette 4, 5000 Namur	accounts 2025	Accounts 2025 · 2026-00447029
Chemin du Cyclotron 6, 1348 Louvain-la-Neuve	accounts 2023 → 2024	Accounts 2024 · 2025-00472220
RUE DE L'ETANG, NODEBAIS 33, 1320 Beauvechain	accounts 2021 → 2022	Accounts 2022 · 2023-00197673

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CorQuest MedTechCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00447029

Events

2025
Annual accounts 2025-194,6 k €↓
2024
Annual accounts 2024-162,2 k €↓
2023
Annual accounts 2023-17,9 k €↓
2022
Annual accounts 2022167,9 k €↑
2021
Annual accounts 2021-32,4 k €↑
2020
Annual accounts 2020-144,1 k €
30/08/2019
IncorporationPrivate limited company

CorQuest MedTech

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events