ACTIVE

COUROS

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Financial year 2025 · closed on 31/12/2025

Net result

606,5 k €

+29.6% YoY

Gross margin

4,8 M €

+5.1% YoY

Equity

4,1 M €

+10.1% YoY

Workforce

44,4 ETP

-0.9% YoY

What does COUROS do?

COUROS is a Private limited company incorporated in 2004. Its main activity is: General secondary education. Its registered office is in Aywaille. It employs on average 44,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.041.338

Incorporation

29/06/2004

Legal form

Private limited company

Registered office

Square Philippe Gilbert 2
4920 Aywaille · WallonieSee on map

Contributed capital

2 500 000,00 €

Latest accounts

31/12/2025

Average workforce

44,4 ETP

Activities (NACE)

85315General secondary education· main 87301Residential care activities for the elderly and disabled 87301Residential care activities for the elderly and disabled

Joint committees (2)

330
33001

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	4,8 M €	+5.1%	4,6 M €	+10.4%	4,1 M €	+6.0%	3,9 M €	+16.2%	3,4 M €	+8.6%	3,1 M €	+5.4%	2,9 M €	+50.2%	2 M €	+2.3%	1,9 M €	-3.4%	2 M €	+12.8%	1,8 M €	+299%	440,1 k €	+13.8%	386,7 k €	+2.5%	377,4 k €	+3.4%	365,1 k €	+15.8%	315,4 k €	-0.9%	318,3 k €	-1.0%	321,6 k €	+12.6%	285,6 k €
EBITDA	1,6 M €	+3.4%	1,6 M €	+19.9%	1,3 M €	-3.4%	1,4 M €	+21.6%	1,1 M €	+6.8%	1 M €	-9.3%	1,2 M €	+298%	289,8 k €	-5.6%	307,1 k €	-27.7%	424,6 k €	+55.3%	273,4 k €	+1197%	21,1 k €	+173%	-29 k €	-1592%	1,9 k €	-91.3%	22,4 k €	-57.6%	52,8 k €	-1.1%	53,4 k €	-15.5%	63,1 k €	+26.9%	49,7 k €
Operating result	920,4 k €	+9.1%	843,9 k €	+43.5%	587,9 k €	-1.3%	595,6 k €	+14.2%	521,4 k €	+75.4%	297,2 k €	-18.5%	364,8 k €	+1245%	27,1 k €	-47.8%	52 k €	-73.9%	198,7 k €	+68.6%	117,8 k €	+617%	16,4 k €	+145%	-36,9 k €	-427%	-7 k €	-209%	6,4 k €	-81.2%	34,2 k €	+76.2%	19,4 k €	-22.8%	25,1 k €	+119%	11,5 k €
Net result	606,5 k €	+29.6%	468,2 k €	+17.6%	398,2 k €	+31.7%	302,4 k €	+33.2%	227 k €	+960%	-26,4 k €	-188%	29,9 k €	+136%	-83,5 k €	-56.6%	-53,3 k €	-159%	89,7 k €	+170%	-127,9 k €	-901%	16 k €	+143%	-37,3 k €	-365%	-8 k €	-474%	-1,4 k €	-107%	20,4 k €	+125%	9,1 k €	-30.6%	13,1 k €	+437%	2,4 k €
Balance sheet
Equity	4,1 M €	+10.1%	3,8 M €	+14.0%	3,3 M €	+13.5%	2,9 M €	+297%	733 k €	+44.1%	508,8 k €	-13.1%	585,2 k €	+4.2%	561,4 k €	-13.8%	651,1 k €	-8.4%	710,6 k €	+13.3%	627 k €	+1550%	38 k €	+72.5%	22 k €	-62.9%	59,4 k €	-11.9%	67,4 k €	-2.0%	68,8 k €	+27.8%	53,8 k €	+14.0%	47,2 k €	+29.3%	36,5 k €
Total assets	12,8 M €	-1.3%	12,9 M €	-5.0%	13,6 M €	-1.4%	13,8 M €	-2.9%	14,2 M €	+39.6%	10,2 M €	-3.2%	10,5 M €	+140%	4,4 M €	-6.1%	4,7 M €	+1.4%	4,6 M €	-2.3%	4,7 M €	+3453%	132,5 k €	+6.7%	124,2 k €	-16.5%	148,7 k €	-31.1%	215,9 k €	-2.2%	220,7 k €	+11.4%	198,1 k €	+12.1%	176,7 k €	-5.3%	186,6 k €
Cash	771,3 k €	+9.9%	701,6 k €	+24.1%	565,5 k €	-24.7%	751,1 k €	+24.2%	604,7 k €	+356%	132,5 k €	-37.6%	212,5 k €	-75.3%	859,9 k €	+6.1%	810,4 k €	+58.8%	510,2 k €	+35.2%	377,2 k €	+1683%	21,2 k €	+390%	4,3 k €	+958%	408,5 €	-99.2%	48,1 k €	-10.2%	53,6 k €	+2030%	2,5 k €	-94.2%	43,2 k €	+100%	21,6 k €
Debts	8,6 M €	-6.3%	9,2 M €	-11.1%	10,3 M €	-5.0%	10,8 M €	-19.3%	13,4 M €	+42.4%	9,4 M €	-2.7%	9,7 M €	+166%	3,6 M €	-4.8%	3,8 M €	+2.7%	3,7 M €	-5.1%	3,9 M €	+4050%	94,5 k €	-7.4%	102 k €	+14.4%	89,2 k €	-39.9%	148,5 k €	-2.3%	152 k €	+5.4%	144,1 k €	+11.4%	129,4 k €	-13.8%	150 k €
Other
Workforce	44,4 ETP	-0.9%	44,8 ETP	-6.3%	47,8 ETP	+2.8%	46,5 ETP	+21.4%	38,3 ETP	+7.9%	35,5 ETP	+10.6%	32,1 ETP	-0.6%	32,3 ETP	+3.9%	31,1 ETP	+5.4%	29,5 ETP	-15.5%	34,9 ETP	+336%	8,0 ETP	-2.4%	8,2 ETP	+10.8%	7,4 ETP	-2.6%	7,6 ETP	+18.7%	6,4 ETP	-1.5%	6,5 ETP	-1.5%	6,6 ETP	+22.2%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Charles-Antoine della FAILLE de LEVERGHEM

Director · until 16 mai 2028

Active

Jean-Claude DEMEUSE

Managing director · until 31 décembre 2026

Active

RAOUX Guillaume

Director · until 07 mai 2026

Active

VIVALTO HOME BELGIUM

Managing director · until 18 mai 2027 · 0820.420.456

Represented by Nicolas PETROVIC

Active

Ended mandates

Charles-Antoine della FAILLE de LEVERGHEM

Director · since 10 mars 2023 · until 16 mai 2028

Ended

Guillaume RAOUX

Director · since 23 mars 2021 · until 18 mai 2027

Ended

Jean-Claude DEMEUSE

Managing director · since 23 mars 2021 · until 18 mai 2027

Ended

VIVALTO HOME BELGIUM

Managing director · since 23 mars 2021 · until 18 mai 2027 · 0820.420.456

Represented by Nicolas PETROVIC

Ended

At this address

Other companies at this address

Company	CBE no.
COURTIS● Active	0537.221.335
IMMO COUROS● Active	1035.695.823

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	04/06/2026	13/06/2025	20/06/2024	16/06/2023	29/06/2022	29/03/2021
General meeting	07/05/2026	13/05/2025	14/05/2024	16/05/2023	31/05/2022	01/03/2021
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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	07/05/2026	04/06/2026	French	PDF
Abridged model	31/12/2024	13/05/2025	13/06/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	20/06/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	16/06/2023	French	PDF
Abridged model	31/12/2021	31/05/2022	29/06/2022	French	PDF
Abridged model	31/12/2020	01/03/2021	29/03/2021	French	PDF
Abridged modelCorrection	31/12/2019	30/06/2020	24/08/2020	French	PDF
Abridged model	31/12/2019	01/03/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	01/06/2019	21/06/2019	French	PDF
Abridged modelCorrection	31/12/2017	11/07/2018	12/07/2018	French	PDF
Abridged model	31/12/2017	01/06/2018	06/06/2018	French	PDF
Abridged modelCorrection	31/12/2016	11/07/2018	12/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	23/06/2017	French	PDF
Abridged modelCorrection	31/12/2015	11/07/2018	12/07/2018	French	PDF
Abridged model	31/12/2015	01/06/2016	28/06/2016	French	PDF
Abridged model	30/09/2014	02/03/2015	02/03/2015	French	PDF
Abridged model	30/09/2013	01/03/2014	07/03/2014	French	PDF
Abridged model	30/09/2012	01/03/2013	02/04/2013	French	PDF
Abridged model	30/09/2011	01/03/2012	02/04/2012	French	PDF
Abridged model	30/09/2010	01/03/2011	01/04/2011	French	PDF
Abridged model	30/09/2009	01/03/2010	13/04/2010	French	PDF
Abridged model	30/09/2008	05/12/2008	08/12/2008	French	PDF
Abridged model	30/09/2007	01/03/2008	28/03/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 4 active · 15 ended

Active mandates

Charles-Antoine della FAILLE de LEVERGHEM

Director · until 16 mai 2028

Active

Jean-Claude DEMEUSE

Managing director · until 31 décembre 2026

Active

RAOUX Guillaume

Director · until 07 mai 2026

Active

VIVALTO HOME BELGIUM

Managing director · until 18 mai 2027 · 0820.420.456

Represented by Nicolas PETROVIC

Active

Ended mandates

Charles-Antoine della FAILLE de LEVERGHEM

Director · since 10 mars 2023 · until 16 mai 2028

Ended

Guillaume RAOUX

Director · since 23 mars 2021 · until 18 mai 2027

Ended

Jean-Claude DEMEUSE

Managing director · since 23 mars 2021 · until 18 mai 2027

Ended

VIVALTO HOME BELGIUM

Managing director · since 23 mars 2021 · until 18 mai 2027 · 0820.420.456

Represented by Nicolas PETROVIC

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring04/08/2026
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring28/05/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates10/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates17/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares31/01/2023
CAPITAL, ACTIONS
PDF
Mandates07/05/2021
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/04/2021
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 2025606,5 k €↑
2024
Annual accounts 2024468,2 k €↑
2023
Annual accounts 2023398,2 k €↑
2022
Annual accounts 2022302,4 k €↑
2021
Annual accounts 2021227 k €↑
2020
Annual accounts 2020-26,4 k €↓
2019
Annual accounts 201929,9 k €↑
2018
Annual accounts 2018-83,5 k €↓
2017
Annual accounts 2017-53,3 k €↓
2016
Annual accounts 201689,7 k €↑
2015
Annual accounts 2015-127,9 k €↓
2014
Annual accounts 201416 k €↑
2013
Annual accounts 2013-37,3 k €↓
2012
Annual accounts 2012-8 k €↓
2011
Annual accounts 2011-1,4 k €↓
2010
Annual accounts 201020,4 k €↑
2009
Annual accounts 20099,1 k €↓
2008
Annual accounts 200813,1 k €↑
2007
Annual accounts 20072,4 k €
29/06/2004
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

COUROS

Overview

What does COUROS do?

Trend over 19 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