ACTIVE

CORPAS

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Financial year 2025 · closed on 30/06/2025

Net result

45,7 k €

+15.9% YoY

Gross margin

120,2 k €

+6.3% YoY

Equity

273 k €

+16.5% YoY

What does CORPAS do?

CORPAS is a Private limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Izegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.021.190

Incorporation

25/08/2009

Legal form

Private limited company

Registered office

Ommegangstraat 88
8870 Izegem · FlandreSee on map

Contributed capital

23 552,00 €

Latest accounts

30/06/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	120,2 k €	+6.3%	113,1 k €	+5.4%	107,3 k €	+32.3%	81,1 k €	-10.5%	90,6 k €	+2.3%	88,6 k €	+36.6%	64,8 k €	-42.7%	113,1 k €	+125%	50,2 k €	-18.0%	61,3 k €	+1.9%	60,1 k €	-17.8%	73,2 k €	-33.0%	109,2 k €	+46.3%	74,7 k €	-17.6%	90,6 k €
EBITDA	113,9 k €	+6.4%	107 k €	+5.4%	101,5 k €	+34.0%	75,8 k €	-11.0%	85,1 k €	+1.5%	83,9 k €	+37.3%	61,1 k €	-44.2%	109,4 k €	+136%	46,5 k €	-19.4%	57,7 k €	+1.9%	56,6 k €	-18.7%	69,6 k €	-34.3%	105,9 k €	+45.6%	72,7 k €	-16.1%	86,7 k €
Operating result	65,5 k €	+10.7%	59,2 k €	+12.3%	52,7 k €	+84.4%	28,6 k €	-27.5%	39,5 k €	+2.7%	38,4 k €	+49.2%	25,7 k €	-68.4%	81,5 k €	+342%	18,5 k €	-21.7%	23,6 k €	+5.7%	22,3 k €	-35.2%	34,4 k €	-50.7%	69,8 k €	+91.8%	36,4 k €	-11.6%	41,2 k €
Net result	45,7 k €	+15.9%	39,4 k €	+12.2%	35,1 k €	+185%	12,3 k €	-32.5%	18,3 k €	-11.7%	20,7 k €	+195%	7 k €	-82.9%	41 k €	+49177%	83,3 €	-97.3%	3,1 k €	+72.1%	1,8 k €	-82.0%	10 k €	-67.5%	30,8 k €	+98.5%	15,5 k €	-46.5%	29 k €
Balance sheet
Equity	273 k €	+16.5%	234,3 k €	-0.7%	235,9 k €	+17.5%	200,7 k €	+10.2%	182,2 k €	+11.1%	163,9 k €	+14.4%	143,3 k €	+30.4%	109,8 k €	+59.6%	68,8 k €	+0.1%	68,7 k €	+4.7%	65,6 k €	+2.8%	63,8 k €	+18.6%	53,8 k €	+45.5%	37 k €	-10.8%	41,4 k €
Total assets	380,7 k €	-1.6%	387 k €	-9.8%	428,8 k €	+2.5%	418,4 k €	-4.3%	437 k €	-3.8%	454,3 k €	+0.2%	453,5 k €	-3.9%	472 k €	+9.0%	433 k €	-6.7%	464,3 k €	-3.7%	482,2 k €	-4.0%	502,2 k €	-3.8%	522 k €	+0.5%	519,5 k €	-5.2%	547,8 k €
Cash	119,6 k €	+65.3%	72,3 k €	+64.5%	44 k €	-0.9%	44,4 k €	-38.7%	72,3 k €	+49.9%	48,3 k €	-48.6%	93,8 k €	-31.6%	137,1 k €	+84.7%	74,2 k €	-13.6%	86 k €	+35.1%	63,6 k €	+20.1%	53 k €	+50.0%	35,3 k €	+116%	16,4 k €		–
Debts	105,5 k €	-29.2%	149 k €	-22.5%	192,3 k €	-11.4%	217 k €	-13.9%	252 k €	-12.4%	287,6 k €	-6.8%	308,7 k €	-14.5%	360,9 k €	-0.5%	362,8 k €	-7.8%	393,7 k €	-5.5%	416,4 k €	-4.6%	436,6 k €	-6.1%	465,1 k €	-3.3%	480,8 k €	-5.1%	506,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

PASCAL CORNEILLIE

Director

Active

Ended mandates

Pascal Corneillie

Manager · since 24 août 2009

Ended

Pascal Corneillie

Manager

Ended

Annual accounts

Full financial information

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/01/2026	19/12/2024	20/12/2023	23/12/2022	16/12/2021	22/12/2020
General meeting	13/12/2025	14/12/2024	09/12/2023	10/12/2022	11/12/2021	12/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	13/12/2025	12/01/2026	Dutch	PDF
Abridged model	30/06/2024	14/12/2024	19/12/2024	Dutch	PDF
Abridged model	30/06/2023	09/12/2023	20/12/2023	Dutch	PDF
Abridged model	30/06/2022	10/12/2022	23/12/2022	Dutch	PDF
Abridged model	30/06/2021	11/12/2021	16/12/2021	Dutch	PDF
Abridged model	30/06/2020	12/12/2020	22/12/2020	Dutch	PDF
Micro model	30/06/2019	14/12/2019	19/12/2019	Dutch	PDF
Micro model	30/06/2018	08/12/2018	13/12/2018	Dutch	PDF
Micro model	30/06/2017	09/12/2017	18/12/2017	Dutch	PDF
Abridged model	30/06/2016	26/12/2016	25/01/2017	Dutch	PDF
Abridged model	30/06/2015	12/12/2015	15/12/2015	Dutch	PDF
Abridged model	30/06/2014	13/12/2014	16/12/2014	Dutch	PDF
Abridged model	30/06/2013	14/12/2013	18/12/2013	Dutch	PDF
Abridged model	30/06/2012	08/12/2012	14/12/2012	Dutch	PDF
Abridged model	30/06/2011	10/12/2011	20/12/2011	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

PASCAL CORNEILLIE

Director

Active

Ended mandates

Pascal Corneillie

Manager · since 24 août 2009

Ended

Pascal Corneillie

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other02/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL
PDF
Restructuring19/03/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring02/01/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other25/10/2017
DOEL
PDF
Other27/08/2009
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

2025
Annual accounts 202545,7 k €↑
2024
Annual accounts 202439,4 k €↑
2023
Annual accounts 202335,1 k €↑
2022
Annual accounts 202212,3 k €↓
2021
Annual accounts 202118,3 k €↓
2020
Annual accounts 202020,7 k €↑
2019
Annual accounts 20197 k €↓
2018
Annual accounts 201841 k €↑
2017
Annual accounts 201783,3 €↓
2016
Annual accounts 20163,1 k €↑
2015
Annual accounts 20151,8 k €↓
2014
Annual accounts 201410 k €↓
2013
Annual accounts 201330,8 k €↑
2012
Annual accounts 201215,5 k €↓
2011
Annual accounts 201129 k €
25/08/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CORPAS

Overview

What does CORPAS do?

Trend over 15 financial years

Indicative valuation

Board of directors

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