ACTIVE

Corbacio

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Financial year 2025 · closed on 31/12/2025

Net result

185 k €

+11.9% YoY

Gross margin

936,2 k €

+10.4% YoY

Equity

719,1 k €

+17.9% YoY

Workforce

9,0 ETP

+5.9% YoY

What does Corbacio do?

Corbacio is a Private limited company incorporated in 2011. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Hasselt. It employs on average 9,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.420.841

Incorporation

04/01/2011

Legal form

Private limited company

Registered office

Maastrichterstraat 60
3500 Hasselt · FlandreSee on map

Contributed capital

8 060,00 €

Latest accounts

31/12/2025

Average workforce

9,0 ETP

Activities (NACE)

56101Restaurants and mobile food service activities· main 56111Restaurants and mobile food service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	936,2 k €	+10.4%	847,7 k €	-5.9%	901,1 k €	+14.9%	784,2 k €	+63.3%	480,3 k €	+18.1%	406,7 k €	-38.2%	657,9 k €	+2.3%	642,8 k €	+13.4%	566,9 k €	+14.4%	495,3 k €	+31.6%	376,3 k €	+17.8%	319,5 k €	+16.9%	273,3 k €	+29.1%	211,7 k €	+74.7%	121,2 k €
EBITDA	417,4 k €	+9.4%	381,7 k €	+23.1%	310,1 k €	+13.9%	272,1 k €	+31.3%	207,2 k €	+35.6%	152,8 k €	-36.8%	241,7 k €	-14.5%	282,7 k €	+2.1%	276,8 k €	+34.8%	205,4 k €	+23.2%	166,7 k €	+28.6%	129,6 k €	+1.2%	128,1 k €	+34.6%	95,2 k €	+159%	36,7 k €
Operating result	277,7 k €	+9.9%	252,7 k €	+35.4%	186,7 k €	+14.4%	163,2 k €	+60.8%	101,5 k €	+73.4%	58,5 k €	-61.3%	151,1 k €	-24.7%	200,7 k €	+3.4%	194,1 k €	+37.0%	141,7 k €	+42.5%	99,5 k €	+24.0%	80,2 k €	-2.8%	82,5 k €	+23.0%	67 k €	+186%	23,5 k €
Net result	185 k €	+11.9%	165,3 k €	+34.1%	123,3 k €	+14.2%	107,9 k €	+31.5%	82,1 k €	+83.1%	44,8 k €	-53.5%	96,4 k €	-27.2%	132,4 k €	+20.7%	109,7 k €	+43.8%	76,3 k €	+43.8%	53,1 k €	+22.8%	43,2 k €	-17.6%	52,4 k €	+38.6%	37,8 k €	+204%	12,4 k €
Balance sheet
Equity	719,1 k €	+17.9%	610,1 k €	+15.8%	526,9 k €	+2.8%	512,6 k €	+6.6%	480,7 k €	+6.7%	450,6 k €	+1.1%	445,8 k €	+20.7%	369,4 k €	+28.7%	287 k €	+61.9%	177,3 k €	+38.1%	128,4 k €	+44.8%	88,7 k €	-18.5%	108,8 k €	+92.9%	56,4 k €	+203%	18,6 k €
Total assets	1,3 M €	+44.0%	894,7 k €	+8.5%	824,8 k €	+0.2%	823,1 k €	+1.4%	811,4 k €	+7.3%	756,5 k €	-8.9%	830,6 k €	+5.5%	787,5 k €	+4.5%	753,5 k €	+111%	356,4 k €	+10.7%	321,8 k €	+43.1%	224,9 k €	-6.0%	239,3 k €	+41.5%	169,1 k €	+63.5%	103,4 k €
Cash	127,9 k €	-47.2%	242,4 k €	+33.4%	181,7 k €	+0.1%	181,5 k €	-43.5%	321,5 k €	+72.1%	186,8 k €	-13.1%	215 k €	+16.4%	184,8 k €	+65.6%	111,6 k €	-42.7%	194,7 k €	+77.2%	109,9 k €	+78.2%	61,7 k €	+17.9%	52,3 k €	+35.1%	38,7 k €	+85.9%	20,8 k €
Debts	565,8 k €	+102%	280,6 k €	-5.0%	295,3 k €	-4.3%	308,6 k €	-6.3%	329,3 k €	+8.0%	305,1 k €	-20.5%	383,9 k €	-8.2%	418 k €	-10.3%	466,2 k €	+163%	177,4 k €	-8.1%	193,1 k €	+42.1%	135,9 k €	+4.4%	130,2 k €	+15.6%	112,7 k €	+33.0%	84,7 k €
Other
Workforce	9,0 ETP	+5.9%	8,5 ETP	+11.8%	7,6 ETP	-16.5%	9,1 ETP	+4.6%	8,7 ETP	+19.2%	7,3 ETP	-18.9%	9,0 ETP	+3.4%	8,7 ETP	-11.2%	9,8 ETP	+22.5%	8,0 ETP	+1.3%	7,9 ETP	+3.9%	7,6 ETP	+40.7%	5,4 ETP	+92.9%	2,8 ETP	+33.3%	2,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

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

Active mandates

Evi Swerts

Director · since 21 juin 2021

Active

Nicola Corbacio

Director

Active

Ended mandates

ANGELO CORBACIO

Manager

Ended

NICOLA CORBACIO

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	01/01/2025	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	09/06/2026	02/07/2025	29/07/2024	31/07/2023	05/07/2022	16/07/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
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	15/05/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/05/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/05/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/05/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/05/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	24/05/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	02/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	23/05/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	18/05/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	17/05/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	21/05/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	20/05/2012	Dutch	PDF

Estimate

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.

Governance

Board of directors

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

Active mandates

Evi Swerts

Director · since 21 juin 2021

Active

Nicola Corbacio

Director

Active

Ended mandates

ANGELO CORBACIO

Manager

Ended

NICOLA CORBACIO

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/07/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/01/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2011
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 2025185 k €↑
2024
Annual accounts 2024165,3 k €↑
2023
Annual accounts 2023123,3 k €↑
2022
Annual accounts 2022107,9 k €↑
2021
Annual accounts 202182,1 k €↑
2020
Annual accounts 202044,8 k €↓
2019
Annual accounts 201996,4 k €↓
2018
Annual accounts 2018132,4 k €↑
2017
Annual accounts 2017109,7 k €↑
2016
Annual accounts 201676,3 k €↑
2015
Annual accounts 201553,1 k €↑
2014
Annual accounts 201443,2 k €↓
2013
Annual accounts 201352,4 k €↑
2012
Annual accounts 201237,8 k €↑
2011
Annual accounts 201112,4 k €
04/01/2011
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

Corbacio

Overview

What does Corbacio 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