ACTIVE

CORDEC

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Financial year 2025 · Closed on 30/09/2025

Net result130,3 k €+24,0 %over 1 year
Gross margin690,8 k €+15,6 %over 1 year
Equity742,8 k €+9,7 %over 1 year
Workforce6,1 ETP+13,0 %over 1 year

Identity

Source · BCE/KBO

CORDEC is a Private limited company incorporated in 2009. Its main activity is: Electrical installation. Its registered office is in Dendermonde. It employs on average 6,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0821.053.332
Incorporation
02/12/2009
Legal form
Private limited company
Registered office
Steenweg naar Wetteren (SCH) 26
9200 Dendermonde · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
6,1 ETP
Joint committees (3)
  • 111
  • 14901
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin690,8 k €597,8 k €561,2 k €588,5 k €552,1 k €
EBITDA247,5 k €217,4 k €249,2 k €313,6 k €294,2 k €
Operating result184,2 k €148,7 k €143,6 k €220,5 k €213,9 k €
Net result130,3 k €105 k €103,2 k €154,7 k €150,7 k €
Balance sheet
Equity742,8 k €677,1 k €604,2 k €515,2 k €397,2 k €
Total assets1,2 M €990,7 k €872 k €758 k €608,1 k €
Cash502 k €250,8 k €172 k €77,3 k €128,2 k €
Debts352,4 k €313,6 k €267,6 k €242,8 k €210,9 k €
Other
Workforce6,1 ETP5,4 ETP6,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 1 ended

Active mandates

WARD DECALF

Director

Active

Ended mandates

WARD DECALF

Manager

Ended

Other companies at this address

Steenweg naar Wetteren (SCH) 26 9200 Dendermonde
CompanyCBE no.
CORDIMMO● Active
0777.959.596

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202625/04/202512/04/202426/04/202331/03/202216/04/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202219/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202520/03/202627/04/2026DutchPDF
Abridged model30/09/202421/03/202525/04/2025DutchPDF
Abridged model30/09/202315/03/202412/04/2024DutchPDF
Micro model30/09/202217/03/202326/04/2023DutchPDF
Micro model30/09/202118/03/202231/03/2022DutchPDF
Micro model30/09/202019/03/202116/04/2021DutchPDF
Micro model30/09/201921/03/202030/04/2020DutchPDF
Micro model30/09/201815/03/201929/04/2019DutchPDF
Micro model30/09/201716/03/201830/04/2018DutchPDF
Abridged model30/09/201617/03/201728/04/2017DutchPDF
Abridged model30/09/201518/03/201629/04/2016DutchPDF
Abridged model30/09/201420/03/201529/04/2015DutchPDF
Abridged model30/09/201321/03/201430/04/2014DutchPDF
Abridged model30/09/201215/03/201330/04/2013DutchPDF
Abridged model30/09/201116/03/201230/04/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 1 ended

Active mandates

WARD DECALF

Director

Active

Ended mandates

WARD DECALF

Manager

Ended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office22/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/11/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other04/12/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025130,3 k €↑
  2. 2024
    Annual accounts 2024105 k €↑
  3. 2023
    Annual accounts 2023103,2 k €↓
  4. 2022
    Annual accounts 2022154,7 k €↑
  5. 2021
    Annual accounts 2021150,7 k €↑
  6. 2020
    Annual accounts 202077,8 k €↑
  7. 2019
    Annual accounts 201963,8 k €↑
  8. 2018
    Annual accounts 201830,5 k €↑
  9. 2017
    Annual accounts 201712,5 k €↑
  10. 2016
    Annual accounts 201611,4 k €↑
  11. 2015
    Annual accounts 20154,6 k €↓
  12. 2014
    Annual accounts 20149,6 k €↓
  13. 2013
    Annual accounts 201319,4 k €↑
  14. 2012
    Annual accounts 201214,8 k €↓
  15. 2011
    Annual accounts 201115,3 k €
  16. 02/12/2009
    IncorporationPrivate limited company