NORMAL SITUATION

CORRECT III

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Financial year 2025 · closed on 31/12/2025
Net result
71,7 k €
-79.8% YoY
Gross margin
-23,9 k €
-103.6% YoY
Equity
674,3 k €
+11.9% YoY
Workforce
0,8 ETP
+100.0% YoY

Company — Normal situation.

Strike-off: 19 juin 2026

What does CORRECT III do?

CORRECT III is a Private limited company incorporated in 2021. It employs on average 0,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0770.849.595
Incorporation
07/07/2021
Legal form
Private limited company
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-23,9 k €668,8 k €1,5 M €4,2 M €455,1 k €
EBITDA-214 k €559,5 k €1,3 M €4,1 M €455,1 k €
Operating result-230,7 k €536,1 k €1,3 M €4 M €449,6 k €
Net result71,7 k €354,7 k €1 M €3 M €345,6 k €
Balance sheet
Equity674,3 k €602,7 k €2,4 M €2,2 M €277,1 k €
Total assets765 k €2,6 M €3,9 M €3 M €414,8 k €
Cash565,8 k €368 k €286,5 k €729,3 k €116,8 k €
Debts87,4 k €2 M €1,5 M €818,7 k €137,3 k €
Other
Workforce0,8 ETP0,4 ETP1,0 ETP1,0 ETP–
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Eshel Heffetz

Director · since 07 juillet 2021

Active
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 date18/05/202618/09/202519/08/202428/08/202319/08/2022
General meeting15/05/202617/09/202530/06/202429/06/202330/06/2022
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 model31/12/202515/05/202618/05/2026FrenchPDF
Abridged model31/12/202417/09/202518/09/2025FrenchPDF
Abridged model31/12/202330/06/202419/08/2024FrenchPDF
Abridged model31/12/202229/06/202328/08/2023FrenchPDF
Abridged model31/12/202130/06/202219/08/2022FrenchPDF
Estimate

Indicative valuation

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 · 1 active

Active mandates

Eshel Heffetz

Director · since 07 juillet 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution29/06/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, 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 202571,7 k €↓
  2. 2024
    Annual accounts 2024354,7 k €↓
  3. 2023
    Annual accounts 20231 M €↓
  4. 2022
    Annual accounts 20223 M €↑
  5. 2021
    Annual accounts 2021345,6 k €
  6. 07/07/2021
    IncorporationPrivate limited company