ACTIVE

KORIAN BELGIUM

Financial year 2025 · closed on 31/12/2025
Net result
3,4 M €
-49.8% YoY
Revenue
36,7 M €
+4.4% YoY
Equity
194,6 M €
+1.8% YoY
Workforce
47,4 ETP
-4.0% YoY

What does KORIAN BELGIUM do?

KORIAN BELGIUM is a Public limited company incorporated in 2004. Its main activity is: Activities of holding companies. Its registered office is in Kontich. It employs on average 47,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0869.769.702
Incorporation
02/11/2004
Legal form
Public limited company
Registered office
Satenrozen 1B
2550 Kontich · FlandreSee on map
Contributed capital
145 595 679,24 €
Latest accounts
31/12/2025
Average workforce
47,4 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132011200820072006
Income statement
Revenue36,7 M €35,1 M €33 M €31,9 M €28,8 M €29,2 M €30,4 M €29,3 M €25,1 M €23,8 M €22,8 M €22,5 M €21,4 M €17,8 M €10,1 M €5,5 M €1,3 M €
EBITDA11,9 M €17,7 M €14,7 M €7,7 M €9,7 M €6,3 M €19,8 M €23,1 M €14,4 M €14,2 M €13,7 M €13,1 M €11,9 M €6,2 M €3,4 M €2,1 M €2 M €
Operating result7,5 M €13,4 M €10,8 M €3,3 M €4,9 M €2,3 M €16,8 M €21,7 M €13,6 M €13,5 M €12,9 M €12,3 M €11 M €5,5 M €3 M €1,9 M €1,8 M €
Net result3,4 M €6,8 M €-4,6 M €-13 M €-2,4 M €-2,5 M €4,1 M €13,5 M €7,7 M €7,9 M €11,1 M €8,5 M €2,1 M €2,8 M €35,2 M €342,2 k €16 M €
Balance sheet
Equity194,6 M €191,1 M €184,4 M €69 M €82 M €84,4 M €86,9 M €82,7 M €69,2 M €61,5 M €53,7 M €42,6 M €34 M €30,3 M €15,4 M €8,3 M €7,9 M €
Total assets328,5 M €340,2 M €476,6 M €523,4 M €358,5 M €326,2 M €287,8 M €278,9 M €314,6 M €231,8 M €131 M €130,6 M €130,3 M €147,1 M €89,1 M €100,4 M €17,6 M €
Cash30,4 M €24,7 M €5,6 M €17,8 M €13,1 M €12,1 M €16,9 M €30,5 M €26 M €24,9 M €12,8 M €10,3 M €7,3 M €4,5 M €3,5 M €3 M €751,9 k €
Debts133 M €147,9 M €290,9 M €453,2 M €276,2 M €240,1 M €200,9 M €195,7 M €244,9 M €170 M €77,2 M €87,9 M €95,6 M €116,3 M €73,1 M €91,3 M €8,4 M €
Other
Workforce47,4 ETP49,4 ETP55,5 ETP42,6 ETP34,7 ETP23,3 ETP13,3 ETP9,6 ETP7,1 ETP3,9 ETP3,7 ETP3,8 ETP5,8 ETP7,2 ETP2,4 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 51 ended

Active mandates

Charles-Antoine Pinel

Director · since 25 juin 2025 · until 13 juin 2031

Active
Grégory Lovichi

Director · since 25 juin 2025 · until 13 juin 2031

Active
LJG Consult

Director · since 25 juin 2025 · until 13 juin 2031 · 0560.881.912

Represented by Liesbet Danneels

Active
Rémi Boyer

Director · since 25 juin 2025 · until 13 juin 2031

Active
DoBe Consult

Managing director · since 30 juin 2023 · until 08 juin 2029 · 0878.489.804

Represented by Dominiek Beelen

Active
Philippe Garin

Director · since 30 juin 2023 · until 25 juin 2025

Active
Sophie Boissard

Director · since 14 septembre 2019 · until 25 juin 2025

Active

Ended mandates

Philippe Garin

Director · since 30 juin 2023 · until 08 juin 2029

Ended
Sophie Boissard

Director · since 14 septembre 2019 · until 13 juin 2025

Ended
Malak Tazi

Director · since 01 avril 2018 · until 09 juin 2023

Ended
Malak Tazi

Director · since 01 avril 2018 · until 30 juin 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelm121-f-p
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202625/07/202506/08/202403/08/202322/12/202229/03/2023
General meeting30/06/202630/06/202531/07/202430/06/202329/11/202227/05/2021
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

35 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026DutchPDF
Full model31/12/202430/06/202525/07/2025DutchPDF
m121-f-p31/12/202414/05/202528/05/2025FrenchPDF
Full model31/12/202331/07/202406/08/2024DutchPDF
m121-f-p31/12/202310/06/202428/05/2025FrenchPDF
Full model31/12/202230/06/202303/08/2023DutchPDF
m121-f-p31/12/202215/06/202314/09/2023FrenchPDF
Full model31/12/202129/11/202222/12/2022DutchPDF
m121-f-p31/12/202122/06/202228/03/2023FrenchPDF
Full model31/12/202011/06/202120/07/2021DutchPDF
m121-f-p31/12/202027/05/202129/03/2023FrenchPDF
Full model31/12/201930/06/202022/07/2020DutchPDF
m121-f-p31/12/201922/06/202031/07/2020FrenchPDF
Full model31/12/201814/06/201929/07/2019DutchPDF
m121-f-p31/12/201806/06/201926/07/2019FrenchPDF
Full model31/12/201708/06/201803/08/2018DutchPDF
m121-f-p31/12/201714/06/201806/08/2018FrenchPDF
Full model31/12/201609/06/201705/07/2017DutchPDF
m121-f-p31/12/201622/06/201702/08/2017FrenchPDF
Full model31/12/201510/06/201627/07/2016DutchPDF
m121-f-p31/12/201523/06/201624/06/2016FrenchPDF
Full model31/12/201412/06/201519/06/2015DutchPDF
m121-f-p31/12/201401/01/999918/09/2015FrenchPDF
Full model31/12/201313/06/201425/06/2014DutchPDF

View all 35 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 7 active · 51 ended

Active mandates

Charles-Antoine Pinel

Director · since 25 juin 2025 · until 13 juin 2031

Active
Grégory Lovichi

Director · since 25 juin 2025 · until 13 juin 2031

Active
LJG Consult

Director · since 25 juin 2025 · until 13 juin 2031 · 0560.881.912

Represented by Liesbet Danneels

Active
Rémi Boyer

Director · since 25 juin 2025 · until 13 juin 2031

Active
DoBe Consult

Managing director · since 30 juin 2023 · until 08 juin 2029 · 0878.489.804

Represented by Dominiek Beelen

Active
Philippe Garin

Director · since 30 juin 2023 · until 25 juin 2025

Active
Sophie Boissard

Director · since 14 septembre 2019 · until 25 juin 2025

Active

Ended mandates

Philippe Garin

Director · since 30 juin 2023 · until 08 juin 2029

Ended
Sophie Boissard

Director · since 14 septembre 2019 · until 13 juin 2025

Ended
Malak Tazi

Director · since 01 avril 2018 · until 09 juin 2023

Ended
Malak Tazi

Director · since 01 avril 2018 · until 30 juin 2023

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates13/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Restructuring01/09/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    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. 2025
    Annual accounts 20253,4 M €
  2. 25/06/2025
    nominationRémi Boyer — bestuurder
  3. 25/06/2025
    nominationCharles-Antoine Pinel — bestuurder
  4. 25/06/2025
    nominationGrégory Lovichi — bestuurder
  5. 2024
    Annual accounts 20246,8 M €
  6. 30/06/2024
    nominationRonald Van den Ecker — commissaris
  7. 2023
    Annual accounts 2023-4,6 M €
  8. 07/12/2023
    augmentation_capital
  9. 30/06/2023
    reconductionPhilippe Garin — bestuurder
  10. 30/06/2023
    reconductionDoBe Consult Srl — bestuurder
  11. 30/06/2023
    reconductionEY Bedrijfsrevisoren — commissaris
  12. 2022
    Annual accounts 2022-13 M €
  13. 2021
    Annual accounts 2021-2,4 M €
  14. 2020
    Annual accounts 2020-2,5 M €
  15. 2020
    Name changeKorian Belgium
  16. 2019
    Annual accounts 20194,1 M €
  17. 2018
    Annual accounts 201813,5 M €
  18. 2017
    Annual accounts 20177,7 M €
  19. 2016
    Annual accounts 20167,9 M €
  20. 2015
    Annual accounts 201511,1 M €
  21. 2014
    Annual accounts 20148,5 M €
  22. 2013
    Annual accounts 20132,1 M €
  23. 2011
    Annual accounts 20112,8 M €
  24. 2008
    Annual accounts 200835,2 M €
  25. 2007
    Annual accounts 2007342,2 k €
  26. 2006
    Annual accounts 200616 M €
  27. 2006
    Name changeSENIOR LIVING GROUP
  28. 02/11/2004
    IncorporationPublic limited company