CORECOM
Annual accounts 2025
micro format, filed on 20-04-2026, 10 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €160,000 and €580,000.
Balance sheet
balance sheet total €213,047 on 30-09-2025in euro
in euro
Position in the sector
21.0%
Higher than 35% of 13,805 companies in 2025.
1.25
Higher than 38% of 13,186 companies in 2025.
12.4%
Higher than 73% of 13,365 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
213,047 | 170,961 | 186,075 | 196,101 | 208,080 | 230,561 | 244,984 | 249,827 | 251,494 | 265,335 | 295,205 | 314,329 | 300,573 | 300,899 | 100,548 | 92,305 | 71,674 | 61,794 | |
21/28 |
108,972 | 119,902 | 130,853 | 145,543 | 160,351 | 173,629 | 188,313 | 196,892 | 210,080 | 223,816 | 238,802 | 252,669 | 238,987 | 254,268 | 24,130 | 30,948 | 14,639 | 19,561 | |
22/27 |
108,972 | 119,902 | 130,853 | 145,543 | 160,351 | 173,629 | 188,313 | 196,892 | 210,080 | 223,816 | 238,802 | 252,669 | 238,987 | 254,268 | 24,130 | 30,948 | 14,639 | 19,561 | |
22 |
108,972 | 119,902 | 130,833 | 144,429 | 158,144 | 171,859 | 185,574 | 192,976 | 204,269 | 217,174 | 230,078 | 242,983 | 229,224 | 238,280 | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 421 | 842 | 1,263 | 921 | |
24 |
- | - | 21 | 1,114 | 2,207 | 1,770 | 2,739 | 3,916 | 5,811 | 6,642 | 8,724 | 9,686 | 9,762 | 15,988 | 23,709 | 30,106 | 13,376 | 18,640 | |
29/58 |
104,075 | 51,058 | 55,221 | 50,557 | 47,729 | 56,932 | 56,671 | 52,935 | 41,414 | 41,519 | 56,404 | 61,660 | 61,587 | 46,631 | 76,418 | 61,357 | 57,035 | 42,234 | |
3 |
24,489 | 20,203 | 21,725 | 18,296 | 19,870 | 14,565 | 16,515 | 15,227 | 16,056 | 17,617 | 16,812 | 23,567 | 19,761 | 15,533 | 19,060 | 10,798 | 14,551 | 10,730 | |
30/36 |
24,489 | 20,203 | 21,725 | 18,296 | 19,870 | 14,565 | 16,515 | 15,227 | 16,056 | 17,617 | 16,812 | 23,567 | 19,761 | 15,533 | 19,060 | 10,798 | 14,551 | 10,730 | |
40/41 |
2,795 | 1,608 | 3,432 | 1,988 | 5,338 | 11,068 | 14,399 | 7,297 | 2,011 | 2,614 | 12,100 | 6,239 | 3,389 | 6,030 | 14,771 | 12,195 | 19,192 | 3,021 | |
40 |
2,758 | 1,608 | 3,384 | 1,988 | 4,696 | 11,068 | 14,399 | 7,297 | 2,011 | 2,614 | 12,100 | 6,239 | 3,389 | 6,030 | 12,423 | 9,220 | 15,306 | 3,021 | |
41 |
38 | - | 48 | - | 642 | - | - | - | - | - | - | - | - | - | 2,349 | 2,975 | 3,886 | - | |
54/58 |
76,790 | 29,248 | 30,064 | 30,274 | 22,521 | 31,300 | 25,757 | 30,411 | 23,347 | 21,288 | 27,491 | 31,854 | 38,438 | 25,069 | 42,586 | 37,212 | 23,292 | 28,483 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,152 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
213,047 | 170,961 | 186,075 | 196,101 | 208,080 | 230,561 | 244,984 | 249,827 | 251,494 | 265,335 | 295,205 | 314,329 | 300,573 | 300,899 | 100,548 | 92,305 | 71,674 | 61,794 | |
10/15 |
44,791 | 18,307 | 15,855 | 14,555 | 24,874 | 26,377 | 25,142 | 22,988 | 20,176 | 14,763 | 24,306 | 21,555 | 26,021 | 24,720 | 52,436 | 46,966 | 44,107 | 28,250 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
26,191 | 5,918 | 5,918 | 5,918 | 5,918 | 7,421 | 7,421 | 7,421 | 7,421 | 7,421 | 7,421 | 7,421 | 7,421 | 6,685 | 33,836 | 28,366 | 25,507 | 9,650 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
3,316 | 3,316 | 3,316 | 3,316 | 3,316 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | 4,825 | |
133 |
22,875 | 2,602 | 742 | 742 | 742 | 736 | 736 | 736 | 736 | 736 | 736 | 736 | 736 | - | 27,151 | 21,680 | 18,822 | 2,965 | |
14 |
- | -6,211 | -8,664 | -9,963 | 356 | 356 | -879 | -3,033 | -5,845 | -11,259 | -1,716 | -4,466 | - | -565 | - | - | - | - | |
17/49 |
168,255 | 152,654 | 170,220 | 181,546 | 183,206 | 204,184 | 219,842 | 226,839 | 231,318 | 250,573 | 270,900 | 292,774 | 274,552 | 276,179 | 48,112 | 45,339 | 27,567 | 33,544 | |
17 |
84,915 | 97,984 | 110,535 | 124,595 | 139,096 | 153,038 | 166,444 | 179,334 | 192,532 | 204,417 | 215,105 | 226,124 | 213,906 | 227,730 | 14,742 | 20,652 | - | - | |
170/4 |
84,915 | 97,984 | 110,535 | 124,595 | 139,096 | 153,038 | 166,444 | 179,334 | 192,532 | 204,417 | 215,105 | 226,124 | 213,906 | 227,730 | 14,742 | 20,652 | - | - | |
42/48 |
83,341 | 54,670 | 59,685 | 56,950 | 44,110 | 51,146 | 53,398 | 47,504 | 38,786 | 46,155 | 55,794 | 66,650 | 60,646 | 48,448 | 33,370 | 24,687 | 27,567 | 33,544 | |
42 |
13,069 | 13,575 | 15,043 | 14,500 | 14,849 | 14,276 | 13,726 | 12,394 | 11,886 | 11,429 | 11,019 | 10,595 | 14,448 | 14,504 | 5,910 | 5,682 | 3,500 | - | |
44 |
56,037 | 28,914 | 31,451 | 26,700 | 26,115 | 29,922 | 30,217 | 30,262 | 18,449 | 23,325 | 26,509 | 34,861 | 28,833 | 15,293 | 21,689 | 14,405 | 19,570 | 4,477 | |
440/4 |
56,037 | 28,914 | 31,451 | 26,700 | 26,115 | 29,922 | 30,217 | 30,262 | 18,449 | 23,325 | 26,509 | 34,861 | 28,833 | 15,293 | 21,689 | 14,405 | 19,570 | 4,477 | |
46 |
- | - | - | - | - | - | - | - | - | - | 166 | - | 4,454 | - | - | - | - | - | |
45 |
10,844 | 3,500 | 3,068 | 4,513 | 1,913 | 5,578 | 4,701 | 3,050 | 3,091 | 2,823 | 4,339 | 1,487 | 142 | 899 | 5,770 | 4,600 | 4,497 | 5,108 | |
450/3 |
10,844 | 3,500 | 3,068 | 4,211 | 1,913 | 5,578 | 4,701 | 3,050 | 3,091 | 2,823 | 4,339 | 1,487 | 142 | 899 | 5,466 | 4,600 | 3,712 | 3,986 | |
454/9 |
- | - | - | 301 | - | - | - | - | - | - | - | - | - | - | 304 | - | 784 | 1,122 | |
47/48 |
3,391 | 8,682 | 10,123 | 11,238 | 1,233 | 1,369 | 4,753 | 1,798 | 5,360 | 8,579 | 13,761 | 19,707 | 12,768 | 17,752 | - | - | - | 23,959 | |
| Income statement | |||||||||||||||||||
9900 |
47,268 | 20,439 | 23,151 | 12,811 | 21,684 | 24,679 | 25,483 | 28,972 | 31,346 | 15,114 | 28,702 | 21,610 | 31,502 | 4,795 | 18,350 | 24,736 | 28,011 | 20,519 | |
630 |
10,930 | 10,951 | 14,690 | 14,808 | 14,787 | 14,683 | 14,893 | 16,114 | 16,053 | 14,986 | 15,424 | 15,045 | 18,399 | 23,320 | 8,508 | 10,104 | 6,118 | 5,711 | |
631/4 |
- | - | 229 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,398 | 1,401 | 382 | 1,214 | 1,154 | 1,106 | 1,174 | 1,078 | 1,155 | 1,215 | 1,093 | 1,399 | 1,908 | 3,642 | 661 | 7,634 | 420 | 731 | |
9901 |
34,939 | 8,087 | 7,851 | -3,211 | 5,743 | 8,890 | 9,416 | 11,781 | 14,138 | -1,087 | 12,185 | 5,167 | 11,196 | -22,167 | 9,181 | 6,998 | 21,473 | 14,078 | |
75/76B |
11 | 11 | 81 | 4 | 15 | 30 | 7 | - | 17 | 4 | 35 | 63 | 34 | 140 | 293 | 122 | 325 | 95 | |
75 |
11 | 11 | 81 | 4 | 15 | 30 | 7 | - | 17 | 4 | 35 | 63 | 34 | 140 | 293 | 122 | 325 | 95 | |
65/66B |
5,328 | 5,646 | 5,656 | 7,112 | 7,099 | 7,686 | 7,269 | 8,969 | 8,741 | 8,458 | 9,471 | 9,693 | 9,943 | 5,669 | 1,241 | 1,213 | 85 | 2,369 | |
65 |
5,328 | 5,646 | 5,656 | 7,112 | 7,099 | 7,686 | 7,269 | 8,969 | 8,741 | 8,458 | 9,471 | 9,693 | 9,943 | 5,669 | 1,241 | 1,213 | 85 | 2,369 | |
9903 |
29,621 | 2,452 | 2,276 | -10,319 | -1,342 | 1,235 | 2,154 | 2,812 | 5,414 | -9,542 | 2,748 | -4,464 | 1,287 | -27,696 | 8,234 | 5,907 | 21,712 | 11,804 | |
67/77 |
3,137 | - | 976 | - | 161 | - | - | - | - | 1 | -3 | 2 | -14 | 21 | 2,764 | 3,049 | 5,856 | 2,153 | |
9904 |
26,484 | 2,452 | 1,300 | -10,319 | -1,503 | 1,235 | 2,154 | 2,812 | 5,414 | -9,543 | 2,751 | -4,466 | 1,301 | -27,716 | 5,471 | 2,859 | 15,857 | 9,650 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,825 | |
9905 |
26,484 | 2,452 | 1,300 | -10,319 | -1,503 | 1,235 | 2,154 | 2,812 | 5,414 | -9,543 | 2,751 | -4,466 | 1,301 | -27,716 | 5,471 | 2,859 | 15,857 | 4,825 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
20,273 | -6,211 | -8,664 | -9,963 | -1,147 | 356 | -879 | -3,033 | -5,845 | -11,259 | -1,716 | -4,466 | 736 | -27,716 | 5,471 | 2,859 | 15,857 | 4,825 | |
14P |
-6,211 | -8,664 | -9,963 | 356 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 1,509 | - | - | - | - | - | - | - | - | 27,151 | - | - | - | - | |
691/2 |
20,273 | - | - | - | 6 | - | - | - | - | - | - | - | 736 | - | 5,471 | 2,859 | 15,857 | 4,825 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
20,273 | - | - | - | 6 | - | - | - | - | - | - | - | 736 | - | 5,471 | 2,859 | 15,857 | 2,965 | |
| Document | |||||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 20-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 20-04-2026 | 2026-00082628 | |
| 30-09-2024 | micro format | 27-03-2025 | 2025-00055457 | |
| 30-09-2023 | micro format | 08-03-2024 | 2024-00040657 | |
| 30-09-2022 | micro format | 13-03-2023 | 2023-00038450 | |
| 30-09-2021 | micro format | 11-03-2022 | 2022-07400462 | |
| 30-09-2020 | micro format | 17-04-2021 | 2021-10500504 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-10500047 | |
| 30-09-2018 | micro format | 29-03-2019 | 2019-08300306 | |
| 30-09-2017 | abbreviated format | 09-03-2018 | 2018-06500111 | |
| 30-09-2016 | abbreviated format | 30-03-2017 | 2017-07600326 | |
| 30-09-2015 | abbreviated format | 06-04-2016 | 2016-09300344 | |
| 30-09-2014 | abbreviated format | 25-03-2015 | 2015-07000171 | |
| 30-09-2013 | abbreviated format | 17-03-2014 | 2014-06500034 | |
| 30-09-2012 | abbreviated format | 28-03-2013 | 2013-07100397 | |
| 30-09-2011 | abbreviated format | 29-03-2012 | 2012-07100459 | |
| 30-09-2010 | abbreviated format | 10-03-2011 | 2011-05500030 | |
| 30-09-2009 | abbreviated format | 19-03-2010 | 2010-06800186 | |
| 30-09-2008 | abbreviated format | 13-03-2009 | 2009-07300158 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 45,869 | 19,038 | 22,541 | 11,597 | 20,530 | 23,574 | 24,308 | 27,895 | 30,192 | 13,899 | 27,609 | 20,211 | 29,594 | 1,153 | 17,690 | 17,102 | 27,591 | 19,788 | ||
| 37,415 | 13,403 | 15,990 | 4,489 | 13,284 | 15,919 | 17,046 | 18,926 | 21,467 | 5,443 | 18,175 | 10,578 | 19,699 | -4,396 | 13,979 | 12,962 | 21,975 | 15,361 | ||
| 0 | 0 | 0 | 0 | 1,509 | 0 | 6,314 | 2,926 | 2,317 | 0 | 1,557 | 36,031 | 3,118 | 253,457 | 1,690 | 37,573 | 1,196 | 25,272 | ||
| 47,542 | -816 | -210 | 7,753 | -8,779 | 5,543 | -4,654 | 7,064 | 2,059 | -6,203 | -4,363 | -6,583 | 13,369 | -17,518 | 5,374 | 13,920 | -5,191 | - | ||
| 20,734 | -3,612 | -4,464 | -6,393 | 3,619 | 5,786 | 3,273 | 5,431 | 2,628 | -4,636 | 609 | -4,990 | 941 | -1,817 | 43,048 | 36,670 | 29,468 | 8,690 | ||
| 21.0% | 10.7% | 8.5% | 7.4% | 12.0% | 11.4% | 10.3% | 9.2% | 8.0% | 5.6% | 8.2% | 6.9% | 8.7% | 8.2% | 52.2% | 50.9% | 61.5% | 45.7% | ||
| 1.25 | 0.93 | 0.93 | 0.89 | 1.08 | 1.11 | 1.06 | 1.11 | 1.07 | 0.90 | 1.01 | 0.93 | 1.02 | 0.96 | 2.29 | 2.49 | 2.07 | 1.26 | ||
| 0.95 | 0.56 | 0.56 | 0.57 | 0.63 | 0.83 | 0.75 | 0.79 | 0.65 | 0.52 | 0.71 | 0.57 | 0.69 | 0.64 | 1.72 | 2.05 | 1.54 | 0.94 | ||
| 3.76 | 8.34 | 10.74 | 12.47 | 7.37 | 7.74 | 8.74 | 9.87 | 11.46 | 16.97 | 11.15 | 13.58 | 10.55 | 11.17 | 0.92 | 0.97 | 0.62 | 1.19 | ||
| 59.1% | 13.4% | 8.2% | -70.9% | -6.0% | 4.7% | 8.6% | 12.2% | 26.8% | -64.6% | 11.3% | -20.7% | 5.0% | -112.1% | 10.4% | 6.1% | 36.0% | 34.2% | ||
| 12.4% | 1.4% | 0.7% | -5.3% | -0.7% | 0.5% | 0.9% | 1.1% | 2.2% | -3.6% | 0.9% | -1.4% | 0.4% | -9.2% | 5.4% | 3.1% | 22.1% | 15.6% | ||
| 8.61 | 3.37 | 3.99 | 1.63 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on CORECOM
The operating result for 2025 is 4.3 times that of 2024 and the highest since 2008. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 89.3% to 79.0%. Equity and debt are higher.