ACTIVE

CORE+

Financial year 2025 · closed on 31/12/2025
Net result
459,9 k €
+129.8% YoY
Gross margin
4,1 M €
+93.7% YoY
Equity
7,5 M €
+6.5% YoY
Workforce
4,4 ETP
-12.0% YoY

What does CORE+ do?

CORE+ is a Public limited company incorporated in 2021. Its main activity is: Hotels and similar accommodation. Its registered office is in Leuven. It employs on average 4,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0770.609.372
Incorporation
01/07/2021
Legal form
Public limited company
Registered office
Naamsestraat 9
3000 Leuven · FlandreSee on map
Contributed capital
1 056 986,38 €
Latest accounts
31/12/2025
Average workforce
4,4 ETP
Joint committees (2)
  • 302
  • 323
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin4,1 M €2,1 M €2,7 M €3,5 M €10,3 M €
EBITDA3,2 M €1,4 M €2,1 M €2,9 M €9,2 M €
Operating result1,7 M €-76,4 k €538,3 k €1,4 M €7,8 M €
Net result459,9 k €-1,5 M €-578,5 k €95 k €4,6 M €
Balance sheet
Equity7,5 M €7 M €8,6 M €8,9 M €8,8 M €
Total assets52,1 M €52,3 M €53,9 M €50,1 M €50,6 M €
Cash269,5 k €818,6 k €2 M €3,1 M €1 M €
Debts42,5 M €42,9 M €42,5 M €38,1 M €38,6 M €
Other
Workforce4,4 ETP5,0 ETP4,9 ETP5,3 ETP2,8 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 · 2 active

Active mandates

Laurent Méan

Director · since 01 septembre 2021

Active
Pieter Myny

Director · since 01 janvier 2021 · until 01 janvier 2027

Active
At this address

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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months6 months
Filing date15/07/202631/07/202518/07/202431/07/202330/11/2022
General meeting26/06/202630/06/202528/06/202430/06/202324/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202615/07/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202328/06/202418/07/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202124/06/202230/11/2022DutchPDF
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 · 2 active

Active mandates

Laurent Méan

Director · since 01 septembre 2021

Active
Pieter Myny

Director · since 01 janvier 2021 · until 01 janvier 2027

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/07/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025459,9 k €
  2. 2024
    Annual accounts 2024-1,5 M €
  3. 2023
    Annual accounts 2023-578,5 k €
  4. 2022
    Annual accounts 202295 k €
  5. 2021
    Annual accounts 20214,6 M €
  6. 01/07/2021
    IncorporationPublic limited company