CORES DEVELOPMENT
ActiveSummary
CORES DEVELOPMENT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38.2m and a net result of €9.1m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 60% of 5,719 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Group and network
Holdings and subsidiaries
17 holdings · 10 subsidiaries in the treeHoldings 17
Source for every holding own accounts 2025
- C-HIVEsubsidiaryEquity -€762,316Result -€146,423100%
- Cadran PropertiessubsidiaryEquity €182,143Result -€10,330100%
- Cores IndustriessubsidiaryEquity €1.9mResult €971,209100%
- Cores PropertiessubsidiaryEquity €17.1mResult €1.6m100%
- Cores Rental ServicesubsidiaryEquity €143,754Result €22,840100%
- Friendship DevelopmentsubsidiaryEquity €1.4mResult €17,960100%
- KALVENNEsubsidiaryEquity €184,058Result -€6,264100%
- Ter VeersubsidiaryEquity €505,003Result -€10,225100%
- VerheeskadesubsidiaryEquity -€18,374Result -€10,480100%
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50%
Show 7 more holdings
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- Equity €296,807Result -€3,12550%
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Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
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50%
All subsidiaries, including indirect ones 10
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- C-HIVE 100%
- Cadran Properties 100%
- Cores Industries 100%
- Cores Properties 100%
- Cores Rental Service 100%
Friendship Development 100%1 subsidiary
- Friendship E 100%
- KALVENNE 100%
- Ter Veer 100%
- Verheeskade 100%
According to the 2025 annual accounts of CORES DEVELOPMENT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.