ACTIVE

CORALES

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Financial year 2025 · closed on 31/12/2025
Net result
-958,3 k €
-410.5% YoY
Gross margin
-5,9 k €
+13.6% YoY
Equity
13,5 M €
-6.6% YoY
Workforce
0,0 ETP

What does CORALES do?

CORALES is a Public limited company incorporated in 2019. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0740.476.719
Incorporation
26/12/2019
Legal form
Public limited company
Registered office
Boulevard Saint-Michel 125
1040 Etterbeek · BruxellesSee on map
Contributed capital
19 374 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin-5,9 k €-6,9 k €-4,4 k €-60,2 €-32,1 k €-11,8 k €
EBITDA-24,6 k €-28,7 k €-22,3 k €-1,3 k €-32,1 k €-11,8 k €
Operating result-24,6 k €-28,7 k €-22,3 k €-1,3 k €-32,1 k €-11,8 k €
Net result-958,3 k €308,7 k €495,7 k €368,8 k €107,6 k €88,7 k €
Balance sheet
Equity13,5 M €14,4 M €14,1 M €13,6 M €13,2 M €13,1 M €
Total assets13,5 M €14,4 M €14,1 M €14,1 M €13,9 M €13,9 M €
Cash178,9 k €0 €123,6 k €–––
Debts4,7 k €10,5 k €1,1 k €476,3 k €636,1 k €743,7 k €
Other
Workforce0,0 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Adeline Speeckaert

Director · since 28 mai 2025 · until 28 mai 2031

Active
Annabelle Speeckaert

Director · since 28 mai 2025 · until 28 mai 2031

Active

Ended mandates

ADELINE SPEECKAERT

Director · since 26 décembre 2019 · until 28 mai 2025

Ended
ANNABELLE SPEECKAERT

Director · since 26 décembre 2019 · until 28 mai 2025

Ended
ADELINE SPEECKAERT

Director · since 17 décembre 2019 · until 28 mai 2025

Ended
ANNABELLE SPEECKAERT

Director · since 17 décembre 2019 · until 28 mai 2025

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date07/05/202624/06/202519/07/202421/06/202328/09/202218/11/2021
General meeting04/05/202628/05/202515/07/202415/06/202325/05/202213/07/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202607/05/2026FrenchPDF
Abridged model31/12/202428/05/202524/06/2025FrenchPDF
Abridged model31/12/202315/07/202419/07/2024FrenchPDF
Abridged model31/12/202215/06/202321/06/2023FrenchPDF
Abridged model31/12/202125/05/202228/09/2022FrenchPDF
Micro model31/12/202013/07/202118/11/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 4 ended

Active mandates

Adeline Speeckaert

Director · since 28 mai 2025 · until 28 mai 2031

Active
Annabelle Speeckaert

Director · since 28 mai 2025 · until 28 mai 2031

Active

Ended mandates

ADELINE SPEECKAERT

Director · since 26 décembre 2019 · until 28 mai 2025

Ended
ANNABELLE SPEECKAERT

Director · since 26 décembre 2019 · until 28 mai 2025

Ended
ADELINE SPEECKAERT

Director · since 17 décembre 2019 · until 28 mai 2025

Ended
ANNABELLE SPEECKAERT

Director · since 17 décembre 2019 · until 28 mai 2025

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/02/2023
    SIEGE SOCIAL
    PDF
  • Mandates12/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/12/2019
    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 2025-958,3 k €↓
  2. 2024
    Annual accounts 2024308,7 k €↓
  3. 2023
    Annual accounts 2023495,7 k €↑
  4. 2022
    Annual accounts 2022368,8 k €↑
  5. 2021
    Annual accounts 2021107,6 k €↑
  6. 2020
    Annual accounts 202088,7 k €
  7. 26/12/2019
    IncorporationPublic limited company