ACTIVE

CORDEEL MAINTENANCE

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
177,5 k €
-84.4% YoY
Gross margin
1,5 M €
-13.5% YoY
Equity
453,3 k €
+64.4% YoY
Workforce
6,1 ETP
+45.2% YoY

What does CORDEEL MAINTENANCE do?

CORDEEL MAINTENANCE is a Public limited company incorporated in 2010. Its main activity is: Construction of buildings. Its registered office is in Bilzen-Hoeselt. It employs on average 6,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0822.224.953
Incorporation
11/01/2010
Legal form
Public limited company
Registered office
Industrielaan 18
3730 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
6,1 ETP
Activities (NACE)
41001Construction of buildings· main43350Building completion and finishing43390Other building completion and finishing43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin1,5 M €1,7 M €4,8 M €569,3 k €––––––––––––
EBITDA986,6 k €1,4 M €4,5 M €457,3 k €325,6 k €318,7 k €335,7 k €324 k €343,2 k €301,7 k €281,1 k €47,4 k €45,8 k €59,6 k €118,2 k €1,2 k €
Operating result137,6 k €1,4 M €549,5 k €438,4 k €303,4 k €299,5 k €330,7 k €319 k €333,9 k €294,1 k €262,2 k €27 k €25,5 k €45,7 k €97,7 k €937,8 €
Net result177,5 k €1,1 M €518 k €312,7 k €231,4 k €222,5 k €236,8 k €226,9 k €217,3 k €195,1 k €174,5 k €20,9 k €17 k €26,2 k €65,3 k €3,5 k €
Balance sheet
Equity453,3 k €275,8 k €276 k €300 k €1,9 M €1,7 M €1,4 M €1,2 M €969,7 k €752,4 k €557,2 k €382,7 k €361,8 k €344,9 k €318,7 k €253,5 k €
Total assets7 M €6,9 M €5,8 M €6 M €5 M €4,1 M €3,8 M €3 M €2,3 M €1,6 M €1,2 M €788,8 k €687 k €483,6 k €603 k €262,2 k €
Cash––0 €425,1 €15 €27 €27 €182,6 €265,2 €386,2 €––––––
Debts1,8 M €2,7 M €1,5 M €2,5 M €710,9 k €486,2 k €759,3 k €558,8 k €161,4 k €296,3 k €305,1 k €174,7 k €184,7 k €138,7 k €284,3 k €8,7 k €
Other
Workforce6,1 ETP4,2 ETP3,8 ETP2,2 ETP1,8 ETP1,6 ETP0,8 ETP0,9 ETP0,8 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

SEICHO

Director · since 20 juin 2024 · until 20 juin 2030 · 0767.594.652

Represented by Stephanie Brouns

Active
DHK PROJECTS

Director · since 29 décembre 2023 · until 29 décembre 2029 · 0676.531.151

Represented by Kevin DE HAINAUT

Active

Ended mandates

Stephanie Brouns

Director · since 29 décembre 2023 · until 29 décembre 2029

Ended
Stephanie Brouns

Director · since 24 mai 2023 · until 24 mai 2025

Ended
Dirk Cordeel

Chairman of the board of directors · since 30 juin 2022 · until 19 mai 2025

Ended
Filip Cordeel

Director · since 30 juin 2022 · until 19 mai 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
AMBIORIX REAL ESTATE BOUW & PROMOTIE● Active
0659.890.010
AMBIORIX REAL ESTATE (LandCo)● Active
0659.889.515
CLEG● Active
0826.105.745
CLEZ● Active
0826.104.161
CORDEEL BELGIUM● Active
0427.302.321
CORFIUS IMMO● Active
0661.775.471
DUNGELHOEFF PRIVATE● Active
0845.724.588
IMMO MOTCHES● Active
0454.707.591
JBCOR RE● Active
0675.937.174
JBCOR RE BOUW EN PROMOTIE● Active
0675.938.560
Land Aalst● Active
0846.242.549
Mijnpark woon en promotie● Active
0681.375.807
MOLCOR● Active
0723.941.187
Parking Alexianenweg● Active
0787.398.389
THV Cordeel - Haex Neeroeteren● Active
0647.738.977
THV Cordeel - Jaspers - Eyers● Active
0687.856.692
THV Dijledelta● Active
0564.840.797
THV Kapertoren● Active
0695.460.997
THV MECHELEN ZUIDPOORT II● Active
0501.994.301
THV VLAAMSE SCHOLEN VAN MORGEN● Active
0543.981.641
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull 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 date16/07/202602/07/202508/07/202414/09/202308/07/202212/07/2021
General meeting27/06/202627/06/202527/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202616/07/2026DutchPDF
Abridged model31/12/202427/06/202502/07/2025DutchPDF
Abridged model31/12/202327/06/202408/07/2024DutchPDF
Abridged model31/12/202230/06/202314/09/2023DutchPDF
Full model31/12/202130/06/202208/07/2022DutchPDF
Full model31/12/202030/06/202112/07/2021DutchPDF
Full model31/12/201930/06/202012/07/2020DutchPDF
Full model31/12/201814/06/201911/07/2019DutchPDF
Full model31/12/201715/06/201806/07/2018DutchPDF
Full model31/12/201612/06/201707/07/2017DutchPDF
Full model31/12/201513/06/201605/07/2016DutchPDF
Full model31/12/201418/05/201525/06/2015DutchPDF
Full model31/12/201323/06/201403/07/2014DutchPDF
Full model31/12/201221/05/201304/07/2013DutchPDF
Full model31/12/201121/05/201230/08/2012DutchPDF
Full model31/12/201030/06/201125/08/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 29 ended

Active mandates

SEICHO

Director · since 20 juin 2024 · until 20 juin 2030 · 0767.594.652

Represented by Stephanie Brouns

Active
DHK PROJECTS

Director · since 29 décembre 2023 · until 29 décembre 2029 · 0676.531.151

Represented by Kevin DE HAINAUT

Active

Ended mandates

Stephanie Brouns

Director · since 29 décembre 2023 · until 29 décembre 2029

Ended
Stephanie Brouns

Director · since 24 mai 2023 · until 24 mai 2025

Ended
Dirk Cordeel

Chairman of the board of directors · since 30 juin 2022 · until 19 mai 2025

Ended
Filip Cordeel

Director · since 30 juin 2022 · until 19 mai 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/09/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Capital / shares23/09/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates28/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2019
    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 2025177,5 k €↓
  2. 2024
    Annual accounts 20241,1 M €↑
  3. 2023
    Annual accounts 2023518 k €↑
  4. 2022
    Annual accounts 2022312,7 k €↑
  5. 2021
    Annual accounts 2021231,4 k €↑
  6. 2020
    Annual accounts 2020222,5 k €↓
  7. 2019
    Annual accounts 2019236,8 k €↑
  8. 2018
    Annual accounts 2018226,9 k €↑
  9. 2017
    Annual accounts 2017217,3 k €↑
  10. 2016
    Annual accounts 2016195,1 k €↑
  11. 2015
    Annual accounts 2015174,5 k €↑
  12. 2014
    Annual accounts 201420,9 k €↑
  13. 2013
    Annual accounts 201317 k €↓
  14. 2012
    Annual accounts 201226,2 k €↓
  15. 2011
    Annual accounts 201165,3 k €↑
  16. 2010
    Annual accounts 20103,5 k €
  17. 11/01/2010
    IncorporationPublic limited company