ACTIVE

CORREX

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Financial year 2025 · closed on 30/06/2025
Net result
14,6 k €
+85.5% YoY
Gross margin
61,9 k €
+103.8% YoY
Equity
114,8 k €
+14.6% YoY

What does CORREX do?

CORREX is a Private limited company incorporated in 2007. Its registered office is in Kapellen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0893.597.949
Incorporation
20/11/2007
Legal form
Private limited company
Registered office
Starrenhoflaan 27 box 2
2950 Kapellen · FlandreSee on map
Contributed capital
12 500,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220172016201520142013201220112008
Income statement
Gross margin61,9 k €30,4 k €12,8 k €15 k €15,6 k €7,2 €-6,1 k €1,1 k €24,8 k €39,5 k €51,9 k €168,4 k €
EBITDA56,5 k €27,7 k €11,9 k €14,9 k €13,6 k €-2 k €-7,4 k €-199,2 €22,2 k €38 k €49,9 k €164,3 k €
Operating result27,1 k €14,1 k €11 k €6,6 k €7,4 k €-7 k €-11,1 k €-4,4 k €17,1 k €32,5 k €46,6 k €152,9 k €
Net result14,6 k €7,9 k €8,8 k €2,9 k €2,3 k €-6 k €-9,8 k €-6,1 k €11,1 k €18,2 k €25,9 k €152,7 k €
Balance sheet
Equity114,8 k €100,2 k €92,3 k €97,2 k €71,3 k €69 k €75 k €84,7 k €90,9 k €79,8 k €61,6 k €88,8 k €
Total assets269,3 k €175,8 k €118,3 k €127,6 k €177,3 k €137,8 k €111,7 k €91,4 k €188,1 k €131,9 k €113,7 k €170,2 k €
Cash21,6 k €8,9 k €5,2 k €22,9 k €54,1 k €1,7 k €5,6 k €8,5 k €30,8 k €2,2 k €32,7 k €55,2 k €
Debts154,5 k €75,6 k €26 k €30,4 k €106 k €68,8 k €36,7 k €6,6 k €97,3 k €52,1 k €52,1 k €81,5 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 30/06/2025 · 1 active · 5 ended

Active mandates

THERVIN

Manager · since 01 janvier 2010 · 0894.298.725

Represented by Stranger Peter

Active

Ended mandates

THERVIN

Director · since 01 janvier 2010 · 0894.298.725

Represented by Stranger PETER

Ended
THERVIN

Administrator - manager · since 01 janvier 2010 · 0894.298.725

Ended
THERVIN

Manager · since 01 janvier 2010 · 0894.298.725

Represented by Peter Stranger

Ended
THERVIN

Manager · since 01 janvier 2010 · 0894.298.725

Represented by Peter Stranger

Ended
At this address

Other companies at this address

CompanyCBE no.
PIT-EIFFAGE● Active
0434.961.955
WOODPROJECTS● Active
0500.700.637
Annual accounts

Full financial information

202520242023202220202019
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/201901/07/2018
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202030/06/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/02/202618/02/202509/02/202431/03/202323/02/202126/02/2020
General meeting09/12/202510/12/202412/12/202313/12/202208/12/202010/12/2019
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202509/12/202528/02/2026DutchPDF
Micro model30/06/202410/12/202418/02/2025DutchPDF
Micro model30/06/202312/12/202309/02/2024DutchPDF
Abridged model30/06/202213/12/202231/03/2023DutchPDF
Abridged model30/06/202008/12/202023/02/2021DutchPDF
Micro model30/06/201910/12/201926/02/2020DutchPDF
Micro model30/06/201712/12/201701/10/2018DutchPDF
Abridged model30/06/201606/12/201609/02/2017DutchPDF
Abridged model30/06/201501/12/201507/01/2016DutchPDF
Abridged model30/06/201402/12/201412/01/2015DutchPDF
Abridged model30/06/201303/12/201303/02/2014DutchPDF
Abridged model30/06/201204/12/201208/02/2013DutchPDF
Abridged model30/06/201107/12/201131/03/2012DutchPDF
Abridged model31/12/200802/06/200916/06/2009DutchPDF
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 30/06/2025 · 1 active · 5 ended

Active mandates

THERVIN

Manager · since 01 janvier 2010 · 0894.298.725

Represented by Stranger Peter

Active

Ended mandates

THERVIN

Director · since 01 janvier 2010 · 0894.298.725

Represented by Stranger PETER

Ended
THERVIN

Administrator - manager · since 01 janvier 2010 · 0894.298.725

Ended
THERVIN

Manager · since 01 janvier 2010 · 0894.298.725

Represented by Peter Stranger

Ended
THERVIN

Manager · since 01 janvier 2010 · 0894.298.725

Represented by Peter Stranger

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/07/2025
    BENAMING
    PDF
  • Restructuring21/05/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/07/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/01/2010
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/11/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/11/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202514,6 k €↑
  2. 2024
    Annual accounts 20247,9 k €↓
  3. 2023
    Annual accounts 20238,8 k €↑
  4. 2022
    Annual accounts 20222,9 k €↑
  5. 2017
    Annual accounts 20172,3 k €↑
  6. 2016
    Annual accounts 2016-6 k €↑
  7. 2015
    Annual accounts 2015-9,8 k €↓
  8. 2014
    Annual accounts 2014-6,1 k €↓
  9. 2013
    Annual accounts 201311,1 k €↓
  10. 2012
    Annual accounts 201218,2 k €↓
  11. 2011
    Annual accounts 201125,9 k €↓
  12. 2008
    Annual accounts 2008152,7 k €
  13. 20/11/2007
    IncorporationPrivate limited company