ACTIVE

EconCore

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Financial year 2026 · Closed on 31/03/2026

Net result228,1 k €+144,3 %over 1 year

Gross margin1,3 M €+38,9 %over 1 year

Equity2,6 M €+2,5 %over 1 year

Workforce2,8 ETP-22,2 %over 1 year

Identity

Source · BCE/KBO

EconCore is a Public limited company incorporated in 2005. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Leuven. It employs on average 2,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0878.425.664
Incorporation: 22/12/2005
Legal form: Public limited company
Registered office: Philipssite 5 box 1
3001 Leuven · FlandreSee on map
Contributed capital: 2 108 579,00 €
Latest accounts: 31/03/2026
Average workforce: 2,8 ETP

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 21122Manufacture of basic pharmaceutical products 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard+9

Joint committees (5)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2026		2025		2024		2023		2022
Income statement
Gross margin	1,3 M €	+38.9%	913,6 k €	-14.6%	1,1 M €	+10.7%	966,9 k €	-40.7%	1,6 M €
EBITDA	802,8 k €	+403%	159,5 k €	-52.3%	334,7 k €	+10604%	3,1 k €	-99.5%	694 k €
Operating result	40,5 k €	+105%	-765 k €	+3.4%	-791,7 k €	+30.9%	-1,1 M €	-359%	-249,3 k €
Net result	228,1 k €	+144%	-515,5 k €	+11.6%	-582,8 k €	+39.2%	-959 k €	-878%	-98,1 k €
Balance sheet
Equity	2,6 M €	+2.5%	2,5 M €	-25.2%	3,3 M €	-23.4%	4,4 M €	-13.5%	5 M €
Total assets	3,4 M €	-7.5%	3,7 M €	-24.0%	4,8 M €	-26.7%	6,6 M €	+0.4%	6,6 M €
Cash	497,9 k €	+45.8%	341,6 k €	-17.3%	413,1 k €	+70.4%	242,4 k €	-42.9%	424,4 k €
Debts	565,7 k €	-23.4%	738,6 k €	-30.3%	1,1 M €	-31.8%	1,6 M €	+66.8%	931,3 k €
Other
Workforce	2,8 ETP	-22.2%	3,6 ETP	-40.0%	6,0 ETP	-38.8%	9,8 ETP	-3.9%	10,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

5 active · 15 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bram Perdu	Director02/06/2023 → 01/09/2026
Fritz Schaumann	Director18/02/2025 → 01/09/2026
Jan Balcke	Director01/01/2023 → 01/09/2026
Jochen Pflug	Managing director19/03/2012 → 01/09/2026Director22/12/2005 → 2011 accountsended
Walter Van de Weyer	Director09/05/2016 → 01/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roman Thomassin	Director27/07/2023 → 2024 accounts
Derk Ekenhorst	Director07/09/2021 → 2022 accounts
LK INVESTMENT0875.306.422Represented by Kindt LUC	Director07/09/2021 → 2022 accounts
Ralf Schlimper	Director07/09/2021 → 2022 accounts

Other companies at this address

Philipssite 5 3001 Leuven

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AABDC● Liquidation	0731.674.562
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ADVOCATENASSOCIATIE NELISSEN GRADE● Active	0454.240.706
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Arcsec● Active	0745.758.566
ARLETTE WOOD● Active	0787.717.697
ASYLIA DIAGNOSTICS● Active	0732.783.629
B.A.● Active	0479.645.501
Bestratingen Fagard Jan● Active	0889.512.467
Brent Meurrens Aannemingen● Active	1032.292.509
CHRISTY● Active	0456.993.526
Coleus● Active	0705.888.695
CommVault Systems (Belgium)● Active	0541.439.449
CREANDO● Active	0824.417.450
Deal Advisor● Active	1035.583.876
De Raaf● Active	0805.300.928
DIGITAL UNITY● Active	0717.823.358
DRAKA BELGIUM● Active	0423.221.589
Ecotrophelia Europe● Active	1014.144.995
EIT FOOD● Active	0672.423.992

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/09/2026	21/10/2025	16/09/2024	31/10/2023	06/10/2022	04/10/2021
General meeting	01/09/2026	02/09/2025	03/09/2024	05/09/2023	06/09/2022	07/09/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2026	01/09/2026	02/09/2026	Dutch	PDF
Abridged model	31/03/2025	02/09/2025	21/10/2025	Dutch	PDF
Abridged model	31/03/2024	03/09/2024	16/09/2024	Dutch	PDF
Abridged model	31/03/2023	05/09/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	06/09/2022	06/10/2022	Dutch	PDF
Abridged model	31/03/2021	07/09/2021	04/10/2021	Dutch	PDF
Abridged model	31/03/2020	01/09/2020	21/09/2020	Dutch	PDF
Abridged model	31/03/2019	03/09/2019	19/09/2019	Dutch	PDF
Abridged model	31/03/2018	04/09/2018	26/09/2018	Dutch	PDF
Abridged model	31/03/2017	05/09/2017	19/09/2017	Dutch	PDF
Abridged model	31/03/2016	06/09/2016	19/09/2016	Dutch	PDF
Abridged model	31/03/2015	01/09/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	02/09/2014	15/09/2014	Dutch	PDF
Abridged model	31/03/2013	03/09/2013	19/09/2013	Dutch	PDF
Abridged model	31/03/2012	04/09/2012	17/09/2012	Dutch	PDF
Abridged model	31/03/2011	06/09/2011	20/09/2011	Dutch	PDF
Abridged model	31/03/2010	07/09/2010	07/10/2010	Dutch	PDF
Abridged model	31/03/2009	01/09/2009	28/09/2009	Dutch	PDF
Abridged model	31/03/2008	02/09/2008	23/09/2008	Dutch	PDF
Abridged model	31/03/2007	04/09/2007	04/10/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/03/2026

5 active · 15 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bram Perdu	Director02/06/2023 → 01/09/2026
Fritz Schaumann	Director18/02/2025 → 01/09/2026
Jan Balcke	Director01/01/2023 → 01/09/2026
Jochen Pflug	Managing director19/03/2012 → 01/09/2026Director22/12/2005 → 2011 accountsended
Walter Van de Weyer	Director09/05/2016 → 01/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roman Thomassin	Director27/07/2023 → 2024 accounts
Derk Ekenhorst	Director07/09/2021 → 2022 accounts
LK INVESTMENT0875.306.422Represented by Kindt LUC	Director07/09/2021 → 2022 accounts
Ralf Schlimper	Director07/09/2021 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other04/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Jochen Pflug

Bram Perdu

Jan Balcke

Walter Van de Weyer

Fritz Schaumann

Roman Thomassin

LK INVESTMENT

Ralf Schlimper

Derk Ekenhorst

Paul Van Dun

Katrien Reynders

Alex Van den Bossche

Show the 8 other mandates

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

EconCore

Ambachtenlaan 25, 3001 Heverlee

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Philipssite 5 bte 1, 3001 HeverleeCurrent	accounts 2026	Accounts 2026 · 2026-00496563
Philipssite 5/1, 3001 Heverlee	accounts 2025	Accounts 2025 · 2025-00546590
Ambachtenlaan 25, 3001 Heverlee	accounts 2022 → 2024	Accounts 2024 · 2024-00461972

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EconCoreCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00496563

Events

2026
Annual accounts 2026228,1 k €↑
2025
Annual accounts 2025-515,5 k €↑
2024
Annual accounts 2024-582,8 k €↑
2023
Annual accounts 2023-959 k €↓
2022
Annual accounts 2022-98,1 k €↓
2019
Annual accounts 2019725,8 k €↑
2018
Annual accounts 2018693,5 k €↑
2017
Annual accounts 2017612,8 k €↑
2016
Annual accounts 201647 k €↓
2015
Annual accounts 2015334 k €↓
2014
Annual accounts 2014447,1 k €↑
2013
Annual accounts 2013242,1 k €↓
2012
Annual accounts 2012321,3 k €↑
2011
Annual accounts 2011-1,5 M €↓
2010
Annual accounts 2010286,5 k €↓
2009
Annual accounts 2009441,4 k €↑
2008
Annual accounts 200816,1 k €↑
2007
Annual accounts 2007-209,2 k €
22/12/2005
IncorporationPublic limited company

EconCore

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events