ACTIVE

CORRECT PROJECT

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Financial year 2024 · closed on 31/12/2024
Net result
-10,1 k €
-199.6% YoY
Gross margin
3,8 k €
-92.8% YoY
Equity
56,2 k €
-15.3% YoY

What does CORRECT PROJECT do?

CORRECT PROJECT is a Private limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Herentals.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0839.201.735
Incorporation
08/09/2011
Legal form
Private limited company
Registered office
Diamantstraat (HRT) 8 box 337
2200 Herentals · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
41003Construction of buildings· main41203Construction of residential and non-residential buildings43240Electrical, plumbing and other construction installation activities43299Other construction installation56301Beverage serving activities56301Beverage serving activities
Signals
Solid equityLow riskGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021202020192018201720162015201420132012
Income statement
Gross margin3,8 k €52,5 k €53,1 k €-23,6 k €47,7 k €20,5 k €15,4 k €7,0 k €8,1 k €16,8 k €16,2 k €26,5 k €3,6 k €
EBITDA1,7 k €28,2 k €35,6 k €-27,4 k €38,8 k €19,0 k €11,1 k €2,6 k €-8,3 k €16,2 k €14,5 k €25,8 k €863,4 €
Operating result-7,5 k €20,6 k €34,9 k €-27,8 k €38,5 k €18,3 k €10,2 k €1,7 k €-18,8 k €13,9 k €12,3 k €16,3 k €-9,5 k €
Net result-10,1 k €10,2 k €22,8 k €-29,5 k €24,7 k €13,3 k €8,1 k €-1,7 k €-22,9 k €8,5 k €10,9 k €14,5 k €-11,5 k €
Balance sheet
Equity56,2 k €66,4 k €56,2 k €33,4 k €62,8 k €38,1 k €24,5 k €16,5 k €18,1 k €41,0 k €32,5 k €21,6 k €7,1 k €
Total assets133,4 k €106,5 k €118,4 k €74,8 k €94,3 k €47,8 k €62,4 k €39,7 k €32,0 k €133,4 k €129,4 k €73,5 k €45,2 k €
Cash7,7 k €9,2 k €3,5 k €13,8 k €37,1 k €9,0 k €11,7 k €6,1 k €8,0 k €30,4 k €15,7 k €30,2 k €21,1 k €
Debts77,2 k €37,2 k €62,2 k €41,5 k €31,4 k €9,7 k €37,9 k €23,2 k €13,9 k €92,4 k €96,9 k €51,9 k €38,1 k €
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 31/12/2024 · 1 active · 3 ended

Active mandates

Dimitrov Emil

Mandate

Active

Ended mandates

Emil Emilov Dimitrov

Director · since 08 septembre 2011

Ended
Emil Dimitrov

Manager

Ended
Emile Dimitrov

Mandate

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202625/06/202519/03/202425/08/202216/07/202116/06/2020
General meeting23/06/202601/06/202504/03/202401/06/202230/06/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202423/06/202608/07/2026DutchPDF
Micro model31/12/202301/06/202525/06/2025DutchPDF
Micro model31/12/202204/03/202419/03/2024DutchPDF
Micro model31/12/202101/06/202225/08/2022DutchPDF
Micro model31/12/202030/06/202116/07/2021DutchPDF
Micro model31/12/201902/06/202016/06/2020DutchPDF
Micro model31/12/201803/02/202017/02/2020DutchPDF
Micro model31/12/201701/06/201825/10/2018DutchPDF
Micro model31/12/201601/06/201731/08/2017DutchPDF
Abridged model31/12/201501/06/201628/10/2016DutchPDF
Abridged model31/12/201401/06/201514/09/2015DutchPDF
Abridged model31/12/201301/06/201410/04/2015DutchPDF
Abridged model31/12/201210/05/201316/05/2013DutchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Dimitrov Emil

Mandate

Active

Ended mandates

Emil Emilov Dimitrov

Director · since 08 septembre 2011

Ended
Emil Dimitrov

Manager

Ended
Emile Dimitrov

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office02/06/2015
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/06/2012
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other22/09/2011
    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

Timeline

  1. 2024
    Annual accounts 2024-10,1 k €↓
  2. 2023
    Annual accounts 202310,2 k €↓
  3. 2022
    Annual accounts 202222,8 k €↑
  4. 2021
    Annual accounts 2021-29,5 k €↓
  5. 2020
    Annual accounts 202024,7 k €↑
  6. 2019
    Annual accounts 201913,3 k €↑
  7. 2018
    Annual accounts 20188,1 k €↑
  8. 2017
    Annual accounts 2017-1,7 k €↑
  9. 2016
    Annual accounts 2016-22,9 k €↓
  10. 2015
    Annual accounts 20158,5 k €↓
  11. 2014
    Annual accounts 201410,9 k €↓
  12. 2013
    Annual accounts 201314,5 k €↑
  13. 2012
    Annual accounts 2012-11,5 k €
  14. 08/09/2011
    IncorporationPrivate limited company