NORMAL SITUATION

CORRECT ASSUR

Company — Normal situation.

Financial year 2022 · Closed on 31/12/2022

Net result86,9 k €+3 104,0 %over 1 year
Gross margin124,5 k €+383,7 %over 1 year
Equity634,3 k €+15,9 %over 1 year

Identity

Source · BCE/KBO

CORRECT ASSUR is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0869.468.903
Legal form
Private company with limited liability
Contributed capital
6 200,00 €
Latest accounts
31/12/2022
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20222021202020192018
Income statement
Gross margin124,5 k €25,7 k €536,9 k €114,4 k €101,2 k €
EBITDA121,4 k €23,4 k €534,5 k €111,6 k €98,3 k €
Operating result114,8 k €-3,8 k €506,9 k €86,2 k €52,7 k €
Net result86,9 k €-2,9 k €341,2 k €54 k €27,5 k €
Balance sheet
Equity634,3 k €547,4 k €550,3 k €209,1 k €155,1 k €
Total assets646,9 k €608,5 k €949,9 k €531,2 k €505,8 k €
Cash79,5 k €7,1 k €345,6 k €––
Debts12,5 k €59,1 k €399,5 k €321,7 k €349,9 k €

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 3 ended

Active mandates

Eglantine PAPIN

Director

Active

Ended mandates

Eglantine Henriette M PAPIN

Manager

Ended
Eglantine PAPIN

Manager

Ended
Olivier MULERT

Manager

Ended

Full financial information

Source · NBB
202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202312/10/202228/10/202122/11/202010/10/201920/10/2018
General meeting12/06/202320/06/202221/06/202124/08/202017/06/201918/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202212/06/202331/08/2023DutchPDF
Micro model31/12/202120/06/202212/10/2022DutchPDF
Micro model31/12/202021/06/202128/10/2021DutchPDF
Micro model31/12/201924/08/202022/11/2020DutchPDF
Micro model31/12/201817/06/201910/10/2019DutchPDF
Micro model31/12/201718/06/201820/10/2018DutchPDF
Micro model31/12/201619/06/201731/08/2017DutchPDF
Abridged model31/12/201520/06/201602/11/2016DutchPDF
Abridged model31/12/201415/06/201530/12/2015DutchPDF
Abridged model31/12/201316/06/201410/10/2014DutchPDF
Abridged model31/12/201217/06/201308/10/2013DutchPDF
Abridged model31/12/201118/06/201225/09/2012DutchPDF
Abridged model31/12/201020/06/201106/11/2011DutchPDF
Abridged model31/12/200921/06/201015/10/2010DutchPDF
Abridged model31/12/200815/06/200901/12/2009DutchPDF
Abridged model31/12/200716/06/200831/12/2008DutchPDF
Abridged model31/12/200618/06/200729/10/2007DutchPDF

Indicative valuation

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 3 ended

Active mandates

Eglantine PAPIN

Director

Active

Ended mandates

Eglantine Henriette M PAPIN

Manager

Ended
Eglantine PAPIN

Manager

Ended
Olivier MULERT

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution25/08/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Registered office11/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2022
    Annual accounts 202286,9 k €↑
  2. 2021
    Annual accounts 2021-2,9 k €↓
  3. 2020
    Annual accounts 2020341,2 k €↑
  4. 2019
    Annual accounts 201954 k €↑
  5. 2018
    Annual accounts 201827,5 k €↑
  6. 2017
    Annual accounts 201714,6 k €↓
  7. 2016
    Annual accounts 201648,1 k €↑
  8. 2015
    Annual accounts 201526,1 k €↑
  9. 2014
    Annual accounts 201423,2 k €↑
  10. 2013
    Annual accounts 20139,7 k €↓
  11. 2012
    Annual accounts 201222,9 k €↑
  12. 2011
    Annual accounts 20116,5 k €↑
  13. 2010
    Annual accounts 20105,1 k €↑
  14. 2009
    Annual accounts 2009-9,4 k €↓
  15. 2008
    Annual accounts 20082,4 k €