ACTIVE

CORETEC INVOICING

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Financial year 2025 · closed on 31/12/2025

Net result

455,3 k €

+205.0% YoY

Revenue

786,7 k €

-12.2% YoY

Equity

247,6 k €

+219.2% YoY

Workforce

3,4 ETP

-57.5% YoY

What does CORETEC INVOICING do?

CORETEC INVOICING is a Public limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Awans. It employs on average 3,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.505.101

Incorporation

23/09/2010

Legal form

Public limited company

Registered office

Rue de la Chaudronnerie 14
4340 Awans · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

3,4 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011
Income statement
Revenue	786,7 k €	-12.2%	896,1 k €	-47.1%	1,7 M €	-19.1%	2,1 M €	+10.6%	1,9 M €		–		2,4 M €	+49.3%	1,6 M €	+19.0%	1,4 M €		–		–		–		–		–
EBITDA	621,1 k €	+351%	-247,6 k €	+12.1%	-281,6 k €	-240%	200,6 k €	-16.9%	241,4 k €	-44.9%	438,3 k €	-42.3%	759,5 k €	+50.2%	505,7 k €	+50.1%	336,9 k €	-10.2%	375,4 k €	+19.0%	315,4 k €	+197%	106,3 k €	+0.6%	105,7 k €	-21.8%	135,1 k €
Operating result	508,4 k €	+225%	-405,9 k €	+26.4%	-551,5 k €	-1208%	-42,1 k €	+17.0%	-50,8 k €	-120%	253 k €	-55.1%	563,9 k €	+94.6%	289,7 k €	+160%	111,6 k €	-44.9%	202,5 k €	+56.6%	129,4 k €	+114%	60,4 k €	-7.8%	65,5 k €	-35.7%	102 k €
Net result	455,3 k €	+205%	-433,8 k €	+22.7%	-560,9 k €	-725%	-68 k €	-1.2%	-67,2 k €	-141%	162,8 k €	-67.0%	492,9 k €	+91.1%	257,9 k €	+255%	72,6 k €	-34.6%	111 k €	+71.3%	64,8 k €	+91.7%	33,8 k €	-12.3%	38,5 k €	-37.3%	61,4 k €
Balance sheet
Equity	247,6 k €	+219%	-207,8 k €	-192%	226 k €	-71.3%	786,9 k €	-7.9%	854,9 k €	-7.3%	922 k €	+21.2%	760,8 k €	+139%	318 k €	-0.4%	319,4 k €	+0.8%	316,8 k €	+19.0%	266,2 k €	+64.1%	162,2 k €	+0.2%	162 k €	+31.2%	123,4 k €
Total assets	1,4 M €	+1.6%	1,4 M €	-19.6%	1,7 M €	-23.8%	2,3 M €	+20.5%	1,9 M €	-9.2%	2,1 M €	-17.9%	2,5 M €	+91.7%	1,3 M €	+9.9%	1,2 M €	+1.8%	1,2 M €	+1.2%	1,2 M €	+98.2%	590,8 k €	+15.2%	513,1 k €	+7.4%	477,8 k €
Cash	207 k €	+165%	78,2 k €	+56.6%	49,9 k €	-48.5%	97 k €	+69.7%	57,2 k €	+26.4%	45,2 k €	-59.4%	111,5 k €	-11.2%	125,6 k €	+2196%	5,5 k €	-95.3%	115,5 k €	+8.8%	106,2 k €	+0.6%	105,5 k €	+264%	29 k €	-72.0%	103,8 k €
Debts	1,1 M €	-29.3%	1,5 M €	+12.3%	1,4 M €	-3.0%	1,4 M €	+37.3%	1 M €	-8.7%	1,1 M €	-34.3%	1,7 M €	+71.4%	1 M €	+14.0%	884,2 k €	+2.2%	865,5 k €	-4.3%	904,6 k €	+111%	428,6 k €	+33.5%	320,9 k €	-8.4%	350,4 k €
Other
Workforce	3,4 ETP	-57.5%	8,0 ETP	-52.4%	16,8 ETP	+8.4%	15,5 ETP	-1.9%	15,8 ETP	+1.9%	15,5 ETP	+44.9%	10,7 ETP	+13.8%	9,4 ETP	0.0%	9,4 ETP	+27.0%	7,4 ETP	+1.4%	7,3 ETP	+37.7%	5,3 ETP	+20.5%	4,4 ETP	+18.9%	3,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Eric DE SEGUINS PAZZIS D'AUBIGNAN

Director · since 30 juin 2025 · until 31 mai 2031

Active

CORETEC ENERGY

Director · since 05 octobre 2020 · until 05 octobre 2026 · 0667.749.186

Represented by Sébastien UGONA

Active

Ended mandates

CORETEC ENERGY

Director · since 01 mars 2024 · until 01 mars 2026 · 0667.749.186

Represented by Sébastien Ryhon

Ended

Baudouin Vervrangen

Director · since 22 février 2024 · until 30 juin 2025

Ended

Baudouin Vervrangen

Director · since 22 février 2024 · until 22 février 2026

Ended

BENOIT HAESEBROUCK IMMOBILIERE ET MANAGEMENT

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0680.657.314

Represented by Benoit Haesebrouck

Ended

At this address

Other companies at this address

Company	CBE no.
COGENFIN● Active	0691.652.164
COGEN SERVICE● Active	0677.717.917
CORETEC ENERGY● Active	0667.749.186
CORETEC MONITORING● Active	0698.826.602
CORETEC PROJECTS● Active	0802.832.574
CORETEC Services● Active	0670.423.814
ENERGYS● Active	0866.925.721
ENERGYS MAINTENANCE● Active	0824.920.167

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	01/01/2025	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	15/06/2026	29/07/2025	22/08/2024	14/12/2023	30/08/2022	25/08/2021
General meeting	31/05/2026	02/06/2025	09/08/2024	16/08/2023	23/06/2022	01/07/2021
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

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	31/12/2025	31/05/2026	15/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	09/08/2024	22/08/2024	French	PDF
Abridged model	31/12/2022	16/08/2023	14/12/2023	French	PDF
Abridged model	31/12/2021	23/06/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	01/07/2021	25/08/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	31/07/2020	French	PDF
Abridged model	31/12/2018	30/04/2019	03/07/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	21/08/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	21/05/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	09/07/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	30/08/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 21 ended

Active mandates

Eric DE SEGUINS PAZZIS D'AUBIGNAN

Director · since 30 juin 2025 · until 31 mai 2031

Active

CORETEC ENERGY

Director · since 05 octobre 2020 · until 05 octobre 2026 · 0667.749.186

Represented by Sébastien UGONA

Active

Ended mandates

CORETEC ENERGY

Director · since 01 mars 2024 · until 01 mars 2026 · 0667.749.186

Represented by Sébastien Ryhon

Ended

Baudouin Vervrangen

Director · since 22 février 2024 · until 30 juin 2025

Ended

Baudouin Vervrangen

Director · since 22 février 2024 · until 22 février 2026

Ended

BENOIT HAESEBROUCK IMMOBILIERE ET MANAGEMENT

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0680.657.314

Represented by Benoit Haesebrouck

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office05/03/2025
SIEGE SOCIAL
PDF
Mandates15/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates08/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates17/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates17/08/2020
DEMISSIONS, NOMINATIONS
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 2025455,3 k €↑
2024
Annual accounts 2024-433,8 k €↑
2023
Annual accounts 2023-560,9 k €↓
2022
Annual accounts 2022-68 k €↓
2021
Annual accounts 2021-67,2 k €↓
2020
Annual accounts 2020162,8 k €↓
2019
Annual accounts 2019492,9 k €↑
2018
Annual accounts 2018257,9 k €↑
2017
Annual accounts 201772,6 k €↓
2016
Annual accounts 2016111 k €↑
2015
Annual accounts 201564,8 k €↑
2013
Annual accounts 201333,8 k €↓
2012
Annual accounts 201238,5 k €↓
2011
Annual accounts 201161,4 k €
23/09/2010
IncorporationPublic 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

CORETEC INVOICING

Overview

What does CORETEC INVOICING do?

Trend over 14 financial years

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