ACTIVE

CORHENCO

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Financial year 2025 · closed on 31/12/2025

Net result

69,3 k €

-31.8% YoY

Gross margin

67 k €

-55.5% YoY

Equity

548,5 k €

+4.6% YoY

What does CORHENCO do?

CORHENCO is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.869.843

Incorporation

26/11/2003

Legal form

Private limited company

Registered office

Gravendreef(BEV) 9 box 6
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	67 k €	-55.5%	150,5 k €	-6.8%	161,4 k €	+15.0%	140,4 k €	-55.8%	318 k €	+354%	70,1 k €	+12.4%	62,3 k €	+232%	18,8 k €	-69.8%	62,1 k €	-33.9%	93,9 k €	+19.3%	78,7 k €	+44.0%	54,7 k €	-30.7%	78,9 k €	+28.5%	61,5 k €	+6.4%	57,8 k €	+17.5%	49,2 k €	+346%	11 k €	-79.5%	53,9 k €	-17.1%	65 k €	+529%	10,3 k €
EBITDA	65,5 k €	-56.1%	149,3 k €	-5.5%	157,9 k €	+14.7%	137,6 k €	-56.6%	317,3 k €	+376%	66,7 k €	+18.9%	56,1 k €	+410%	11 k €	-79.8%	54,6 k €	-31.6%	79,8 k €	+6.5%	74,9 k €	+57.7%	47,5 k €	-37.3%	75,8 k €	+28.3%	59,1 k €	+48.9%	39,7 k €	-17.1%	47,9 k €	+357%	10,5 k €	-80.0%	52,4 k €	-18.6%	64,4 k €	+622%	8,9 k €
Operating result	83,8 k €	-36.4%	131,7 k €	-6.2%	140,4 k €	+16.7%	120,3 k €	-61.8%	314,5 k €	+496%	52,8 k €	+46.3%	36,1 k €	+471%	-9,7 k €	-129%	33,8 k €	-42.7%	59,1 k €	+0.5%	58,8 k €	+87.5%	31,3 k €	-52.3%	65,7 k €	+41.3%	46,5 k €	+106%	22,6 k €	-41.0%	38,3 k €	+4705%	-830,6 €	+85.0%	-5,5 k €	-111%	51,6 k €	+1457%	-3,8 k €
Net result	69,3 k €	-31.8%	101,7 k €	-7.4%	109,7 k €	+20.3%	91,2 k €	-59.6%	225,6 k €	+80.4%	125 k €	+412%	24,4 k €	+281%	-13,5 k €	-166%	20,4 k €	-42.5%	35,5 k €	+13.1%	31,4 k €	+112%	14,8 k €	-67.4%	45,3 k €	+48.6%	30,5 k €	+216%	9,7 k €	-74.5%	38 k €	+1161%	-3,6 k €	+81.8%	-19,6 k €	-149%	40,4 k €	+456%	-11,4 k €
Balance sheet
Equity	548,5 k €	+4.6%	524,2 k €	+9.8%	477,4 k €	+15.7%	412,7 k €	+2.7%	401,9 k €	+63.2%	246,3 k €	+48.1%	166,2 k €	+9.5%	151,8 k €	-8.2%	165,3 k €	+3.4%	159,9 k €	+14.7%	139,4 k €	+29.1%	108 k €	+15.9%	93,2 k €	+94.8%	47,8 k €	+176%	17,3 k €	+126%	7,7 k €	+125%	-30,3 k €	+22.5%	-39,1 k €	-101%	-19,5 k €	+67.5%	-59,9 k €
Total assets	946,7 k €	-6.4%	1 M €	-9.0%	1,1 M €	+2.3%	1,1 M €	-9.7%	1,2 M €	+125%	534,4 k €	+29.1%	414 k €	-1.5%	420,2 k €	-11.9%	477 k €	-9.8%	528,5 k €	+10.6%	477,9 k €	+1.1%	472,6 k €	+72.0%	274,8 k €	+7.7%	255,2 k €	+8.1%	236,1 k €	-1.0%	238,5 k €	+1.4%	235,3 k €	-8.0%	255,7 k €	-1.8%	260,3 k €	+1.6%	256,1 k €
Cash	175,9 k €	+59.3%	110,4 k €	-23.1%	143,6 k €	-30.9%	207,7 k €	-14.9%	244,1 k €	+39.0%	175,6 k €	+208%	57,1 k €	+61.9%	35,3 k €	-47.8%	67,5 k €	-27.9%	93,6 k €	+60.1%	58,5 k €	-11.5%	66,1 k €	+8.2%	61,1 k €	+152%	24,3 k €	-11.0%	27,3 k €	+571%	4,1 k €	-38.8%	6,6 k €	+101%	3,3 k €	-83.2%	19,7 k €	+592%	2,8 k €
Debts	398,3 k €	-15.7%	472,5 k €	-23.7%	619,1 k €	-6.0%	658,8 k €	-16.2%	786,5 k €	+188%	273,2 k €	+17.3%	232,8 k €	-8.1%	253,4 k €	-14.6%	296,6 k €	-16.1%	353,7 k €	+9.3%	323,5 k €	-5.1%	340,9 k €	+105%	166,7 k €	-13.3%	192,3 k €	-5.6%	203,8 k €	-11.7%	230,9 k €	-13.1%	265,6 k €	-9.9%	294,9 k €	+5.4%	279,8 k €	-11.2%	315,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Nathan Knight

Director · since 26 novembre 2003

Active

Ended mandates

Nathan Knight

Manager · since 26 novembre 2003

Ended

Nathan Knight

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	29/06/2026	14/08/2025	27/06/2024	19/07/2023	27/08/2022	30/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	14/08/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	16/06/2023	19/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	27/08/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	04/09/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	13/09/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	19/09/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	29/09/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/12/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 2 ended

Active mandates

Nathan Knight

Director · since 26 novembre 2003

Active

Ended mandates

Nathan Knight

Manager · since 26 novembre 2003

Ended

Nathan Knight

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other02/09/2026
Rechtzetting materiële vergissing ;
PDF
Registered office04/05/2026
MAATSCHAPPELIJKE ZETEL - DIVERSEN
PDF
Mandates16/04/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office24/11/2021
MAATSCHAPPELIJKE ZETEL
PDF
Registered office16/03/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office04/08/2009
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other03/12/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202569,3 k €↓
2024
Annual accounts 2024101,7 k €↓
2023
Annual accounts 2023109,7 k €↑
2022
Annual accounts 202291,2 k €↓
2021
Annual accounts 2021225,6 k €↑
2020
Annual accounts 2020125 k €↑
2019
Annual accounts 201924,4 k €↑
2018
Annual accounts 2018-13,5 k €↓
2017
Annual accounts 201720,4 k €↓
2016
Annual accounts 201635,5 k €↑
2015
Annual accounts 201531,4 k €↑
2014
Annual accounts 201414,8 k €↓
2013
Annual accounts 201345,3 k €↑
2012
Annual accounts 201230,5 k €↑
2011
Annual accounts 20119,7 k €↓
2010
Annual accounts 201038 k €↑
2009
Annual accounts 2009-3,6 k €↑
2008
Annual accounts 2008-19,6 k €↓
2007
Annual accounts 200740,4 k €↑
2006
Annual accounts 2006-11,4 k €
26/11/2003
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

CORHENCO

Overview

What does CORHENCO do?

Trend over 20 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