ACTIVE

CORDEEL MAINTENANCE

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Financial year 2025 · Closed on 31/12/2025

Net result177,5 k €-84,4 %over 1 year

Gross margin1,5 M €-13,5 %over 1 year

Equity453,3 k €+64,4 %over 1 year

Workforce6,1 ETP+45,2 %over 1 year

Identity

Source · BCE/KBO

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· main 43350Building completion and finishing 43390Other building completion and finishing 43990Other 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

Financials

Source · NBB, 16 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	-13.5%	1,7 M €	-64.6%	4,8 M €	+744%	569,3 k €		–
EBITDA	986,6 k €	-28.7%	1,4 M €	-69.5%	4,5 M €	+893%	457,3 k €	+40.5%	325,6 k €
Operating result	137,6 k €	-90.2%	1,4 M €	+155%	549,5 k €	+25.3%	438,4 k €	+44.5%	303,4 k €
Net result	177,5 k €	-84.4%	1,1 M €	+119%	518 k €	+65.7%	312,7 k €	+35.1%	231,4 k €
Balance sheet
Equity	453,3 k €	+64.4%	275,8 k €	-0.1%	276 k €	-8.0%	300 k €	-84.1%	1,9 M €
Total assets	7 M €	+1.4%	6,9 M €	+19.2%	5,8 M €	-3.4%	6 M €	+20.1%	5 M €
Cash	–		–		0 €	-100%	425,1 €	+2730%	15 €
Debts	1,8 M €	-33.8%	2,7 M €	+74.2%	1,5 M €	-39.2%	2,5 M €	+252%	710,9 k €
Other
Workforce	6,1 ETP	+45.2%	4,2 ETP	+10.5%	3,8 ETP	+72.7%	2,2 ETP	+22.2%	1,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SEICHO0767.594.652Represented by Stephanie Brouns	Director20/06/2024 → 20/06/2030
DHK PROJECTS0676.531.151Represented by Kevin DE HAINAUT	Director29/12/2023 → 29/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stephanie Brouns	Director24/05/2023 → 2023 accounts
Dirk Cordeel	Chairman of the board of directors30/06/2022 → 2022 accounts
Filip Cordeel	Director30/06/2022 → 2022 accounts

Other companies at this address

Industrielaan 18 3730 Bilzen-Hoeselt

Company	CBE 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

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	02/07/2025	08/07/2024	14/09/2023	08/07/2022	12/07/2021
General meeting	27/06/2026	27/06/2025	27/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	16/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	14/09/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	12/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	12/07/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	06/07/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	13/06/2016	05/07/2016	Dutch	PDF
Full model	31/12/2014	18/05/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	23/06/2014	03/07/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	21/05/2012	30/08/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	25/08/2011	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SEICHO0767.594.652Represented by Stephanie Brouns	Director20/06/2024 → 20/06/2030
DHK PROJECTS0676.531.151Represented by Kevin DE HAINAUT	Director29/12/2023 → 29/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stephanie Brouns	Director24/05/2023 → 2023 accounts
Dirk Cordeel	Chairman of the board of directors30/06/2022 → 2022 accounts
Filip Cordeel	Director30/06/2022 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

SEICHO

DHK PROJECTS

Stephanie Brouns

Filip Cordeel

Theo Huls

Dirk Cordeel

Paul Ivens

201020112012201320142015201620172018201920202021202220232024202520262027202820292030

CORDEEL MAINTENANCE

Industrielaan 18, 3730 Bilzen-Hoeselt

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industrielaan 18, 3730 Bilzen-HoeseltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00311796

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CORDEEL MAINTENANCECurrent	accounts 2010 → 2025	Accounts 2025 · 2026-00311796

Events

2025
Annual accounts 2025177,5 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023518 k €↑
2022
Annual accounts 2022312,7 k €↑
2021
Annual accounts 2021231,4 k €↑
2020
Annual accounts 2020222,5 k €↓
2019
Annual accounts 2019236,8 k €↑
2018
Annual accounts 2018226,9 k €↑
2017
Annual accounts 2017217,3 k €↑
2016
Annual accounts 2016195,1 k €↑
2015
Annual accounts 2015174,5 k €↑
2014
Annual accounts 201420,9 k €↑
2013
Annual accounts 201317 k €↓
2012
Annual accounts 201226,2 k €↓
2011
Annual accounts 201165,3 k €↑
2010
Annual accounts 20103,5 k €
11/01/2010
IncorporationPublic limited company

CORDEEL MAINTENANCE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events