NORMAL SITUATION

CORRECT

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Financial year 2022 · closed on 31/03/2022
Net result
-7,9 k €
-179.6% YoY
Gross margin
-6,8 k €
-220.0% YoY
Equity
44,1 k €
-15.2% YoY

Company — Normal situation.

What does CORRECT do?

CORRECT is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0894.828.067
Legal form
Private company with limited liability
Contributed capital
6 200,00 €
Latest accounts
31/03/2022
Signals
Solid equityGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20222021202020192018201720162015201420132012201120102009
Income statement
Gross margin-6,8 k €-2,1 k €15,2 k €10,8 k €15 k €10,9 k €11,5 k €6,3 k €31,1 k €8,3 k €33,8 k €4,8 k €437,6 €19 k €
EBITDA-7,5 k €-2,7 k €14,3 k €10 k €13,3 k €9,6 k €9,8 k €5 k €26,8 k €5,2 k €30,7 k €2,6 k €-1,1 k €18 k €
Operating result-7,5 k €-2,7 k €12,1 k €5,7 k €5,7 k €1,1 k €5,8 k €3 k €24,5 k €3,8 k €29,4 k €1,4 k €-2,6 k €15,6 k €
Net result-7,9 k €-2,8 k €8,2 k €4,4 k €4,8 k €-447,7 €-2,9 k €341,1 €17,1 k €190,2 €18,9 k €22 €-3,8 k €10,7 k €
Balance sheet
Equity44,1 k €52 k €54,9 k €46,7 k €42,3 k €45,6 k €46 k €48,9 k €48,5 k €31,5 k €31,3 k €13,2 k €13,2 k €16,9 k €
Total assets67,1 k €94,1 k €86 k €53,1 k €49,6 k €87,1 k €65,5 k €82 k €78,8 k €51,4 k €55 k €16,8 k €20,8 k €31,6 k €
Cash1,3 k €39,7 k €34,2 k €8,2 k €1,5 k €2 k €28,4 k €7,1 k €22,9 k €6,9 k €6,4 k €4,5 k €6,2 k €12,5 k €
Debts23 k €42,1 k €31,1 k €6,4 k €7,3 k €41,5 k €19,5 k €33,1 k €29,9 k €19,9 k €23,8 k €3,7 k €7,6 k €14,7 k €
Other
Workforce––––––––0,3 ETP–0,1 ETP–––
Governance

Board of directors

Seen on filing of 31/03/2022 · 1 active · 2 ended

Active mandates

Paul De Pooter

Director

Active

Ended mandates

PAUL DE POOTER

Manager · since 08 janvier 2008

Ended
Paul De Pooter

Manager

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202101/04/202001/04/201901/04/201801/04/201701/04/2016
Closing of the financial year31/03/202231/03/202131/03/202031/03/201931/03/201831/03/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/09/202203/11/202127/01/202126/11/201909/11/201831/10/2017
General meeting20/09/202224/09/202125/09/202027/09/201928/09/201822/09/2017
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 model31/03/202220/09/202220/09/2022DutchPDF
Micro model31/03/202124/09/202103/11/2021DutchPDF
Micro model31/03/202025/09/202027/01/2021DutchPDF
Micro model31/03/201927/09/201926/11/2019DutchPDF
Micro model31/03/201828/09/201809/11/2018DutchPDF
Micro model31/03/201722/09/201731/10/2017DutchPDF
Abridged model31/03/201623/09/201624/10/2016DutchPDF
Abridged model31/03/201525/09/201526/10/2015DutchPDF
Abridged model31/03/201426/09/201406/10/2014DutchPDF
Abridged model31/03/201318/10/201328/10/2013DutchPDF
Abridged model31/03/201205/10/201222/10/2012DutchPDF
Abridged model31/03/201123/09/201103/10/2011DutchPDF
Abridged model31/03/201022/10/201008/11/2010DutchPDF
Abridged model31/03/200923/10/200909/11/2009DutchPDF
Estimate

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.

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 31/03/2022 · 1 active · 2 ended

Active mandates

Paul De Pooter

Director

Active

Ended mandates

PAUL DE POOTER

Manager · since 08 janvier 2008

Ended
Paul De Pooter

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-7,9 k €↓
  2. 2021
    Annual accounts 2021-2,8 k €↓
  3. 2020
    Annual accounts 20208,2 k €↑
  4. 2019
    Annual accounts 20194,4 k €↓
  5. 2018
    Annual accounts 20184,8 k €↑
  6. 2017
    Annual accounts 2017-447,7 €↑
  7. 2016
    Annual accounts 2016-2,9 k €↓
  8. 2015
    Annual accounts 2015341,1 €↓
  9. 2014
    Annual accounts 201417,1 k €↑
  10. 2013
    Annual accounts 2013190,2 €↓
  11. 2012
    Annual accounts 201218,9 k €↑
  12. 2011
    Annual accounts 201122 €↑
  13. 2010
    Annual accounts 2010-3,8 k €↓
  14. 2009
    Annual accounts 200910,7 k €