ACTIVE

Correct-Services

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Financial year 2025 · closed on 31/12/2025
Net result
455,8 k €
-0.7% YoY
Gross margin
1,8 M €
-0.2% YoY
Equity
2,5 M €
+22.1% YoY
Workforce
12,3 ETP
+5.1% YoY

What does Correct-Services do?

Correct-Services is a Private limited company incorporated in 2009. Its main activity is: Repair of machinery. Its registered office is in Evergem. It employs on average 12,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0816.952.707
Incorporation
30/06/2009
Legal form
Private limited company
Registered office
Baron Van Loolaan 8
9940 Evergem · FlandreSee on map
Contributed capital
13 400,00 €
Latest accounts
31/12/2025
Average workforce
12,3 ETP
Activities (NACE)
33120Repair of machinery· main33120Repair of machinery64200Activities of holding companies64210Activities of holding companies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201220112010
Income statement
Gross margin1,8 M €1,8 M €1,6 M €1,3 M €1,4 M €1,1 M €1,3 M €1,1 M €840,2 k €635,3 k €368,9 k €146,2 k €3,9 k €-234,1 €29,7 k €
EBITDA841,1 k €886,8 k €733,1 k €498,5 k €631 k €460,7 k €615,6 k €618,4 k €505,6 k €382,7 k €263,3 k €142,1 k €3,4 k €-696,4 €29,3 k €
Operating result659,4 k €686 k €532,1 k €286 k €403,4 k €225,5 k €362,9 k €427,1 k €394,9 k €327,2 k €212,9 k €104,9 k €3,4 k €-696,4 €28,3 k €
Net result455,8 k €458,9 k €352,6 k €207 k €273,6 k €141,4 k €255,2 k €343,1 k €250 k €191 k €135,1 k €79 k €3,2 k €-782 €21,1 k €
Balance sheet
Equity2,5 M €2,1 M €1,8 M €1,7 M €1,7 M €1,4 M €1,2 M €986,2 k €665,5 k €415,6 k €224,6 k €89,5 k €36 k €32,8 k €33,5 k €
Total assets4,1 M €4,1 M €4 M €3,6 M €3,4 M €3,2 M €2,8 M €2,4 M €1,4 M €862,9 k €434,8 k €272,7 k €36,6 k €34,8 k €43,1 k €
Cash221,7 k €197,4 k €144,7 k €262,1 k €480,2 k €297,4 k €375 k €255,4 k €432,8 k €360,1 k €78 k €59,5 k €36,6 k €34,6 k €42,8 k €
Debts1,6 M €2 M €2,1 M €1,9 M €1,7 M €1,8 M €1,4 M €1,4 M €777 k €421,3 k €209,7 k €182,8 k €592,9 €2 k €9,6 k €
Other
Workforce12,3 ETP11,7 ETP11,9 ETP12,0 ETP11,5 ETP11,1 ETP10,8 ETP7,6 ETP6,0 ETP5,1 ETP2,6 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Emmanuel Backx

Mandate

Active
peter Vispoel

Mandate

Active

Ended mandates

Peter Vispoel

Manager · since 28 novembre 2014

Ended
Emmanuel Backx

Manager · since 01 février 2013

Ended
Nico Poppe

Manager · since 01 février 2013 · until 28 novembre 2014

Ended
Emmanuel Backx

Director

Ended
At this address

Other companies at this address

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De Vos Metaalconstruct● Active
0738.796.540
DVM CONSTRUCT● Active
0732.528.657
Fox Collections● Active
1037.592.271
Remotive● Active
0641.650.545
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date02/07/202602/07/202508/07/202412/04/202304/07/202228/07/2021
General meeting25/06/202628/06/202525/06/202413/03/202325/06/202225/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202602/07/2026DutchPDF
Abridged model31/12/202428/06/202502/07/2025DutchPDF
Abridged model31/12/202325/06/202408/07/2024DutchPDF
Abridged model31/12/202213/03/202312/04/2023DutchPDF
Abridged model31/12/202125/06/202204/07/2022DutchPDF
Abridged model31/12/202025/06/202128/07/2021DutchPDF
Abridged model31/12/201925/06/202015/07/2020DutchPDF
Abridged model31/12/201825/06/201916/07/2019DutchPDF
Abridged model31/12/201725/06/201806/07/2018DutchPDF
Abridged model31/12/201626/06/201720/07/2017DutchPDF
Abridged model31/12/201525/06/201625/07/2016DutchPDF
Abridged model30/09/201410/03/201530/03/2015DutchPDF
Abridged model31/12/201229/06/201324/07/2013DutchPDF
Abridged model31/12/201130/06/201230/07/2012DutchPDF
Abridged model31/12/201015/06/201121/06/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 12 ended

Active mandates

Emmanuel Backx

Mandate

Active
peter Vispoel

Mandate

Active

Ended mandates

Peter Vispoel

Manager · since 28 novembre 2014

Ended
Emmanuel Backx

Manager · since 01 février 2013

Ended
Nico Poppe

Manager · since 01 février 2013 · until 28 novembre 2014

Ended
Emmanuel Backx

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/04/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office01/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/10/2015
    BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates16/01/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/02/2013
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - BOEKJAAR - ALGEMENE VERGADERING
    PDF
  • Mandates12/01/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 2025455,8 k €↓
  2. 2024
    Annual accounts 2024458,9 k €↑
  3. 2023
    Annual accounts 2023352,6 k €↑
  4. 2022
    Annual accounts 2022207 k €↓
  5. 2021
    Annual accounts 2021273,6 k €↑
  6. 2020
    Annual accounts 2020141,4 k €↓
  7. 2019
    Annual accounts 2019255,2 k €↓
  8. 2018
    Annual accounts 2018343,1 k €↑
  9. 2017
    Annual accounts 2017250 k €↑
  10. 2016
    Annual accounts 2016191 k €↑
  11. 2015
    Annual accounts 2015135,1 k €↑
  12. 2015
    Name changeCorrect-Services
  13. 2014
    Annual accounts 201479 k €↑
  14. 2012
    Annual accounts 20123,2 k €↑
  15. 2012
    Name changeM.P. Service
  16. 2011
    Annual accounts 2011-782 €↓
  17. 2010
    Annual accounts 201021,1 k €
  18. 2010
    Name changeNadia Kaval
  19. 30/06/2009
    IncorporationPrivate limited company