CORILUS
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 39 filings
Every figure per financial year
The operating result for 2025 is 11% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
- 2023 Net result -56% on 2022. Part of Partieel gesplitste vennootschap received in a demerger, Official Gazette 23-08-2023. Part of SOFT 33 received in a demerger, effective 12-06-2023.
- 2022 Net result +1,873% on 2021. Merger absorbing HECUBA HOLDING, effective 06-07-2022.
- 2022 Equity +50% on 2021. Merger absorbing HECUBA HOLDING, effective 06-07-2022. Capital increase of €6,245,858 (Official Gazette 03-10-2022).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 236 | 241 | 241 | 251 | 208 |
| full-time | 195 | 196 | 196 | 206 | 174 |
| part-time | 41 | 45 | 45 | 45 | 34 |
| in full-time equivalents | 225.9 | 229.9 | 231.3 | 241.3 | 200.9 |
| Average over the year, in full-time equivalents | 228.3 | 234.5 | 237.4 | 238.7 | 220 |
| On a permanent contract | 236 | 241 | 241 | 251 | 207 |
| Joined | 20 | 36 | 39 | 32 | 26 |
| Left | 20 | 31 | 39 | 22 | 69 |
| Agency workers, average number | 0.8 | 1.4 | 0.6 | 0.1 | 0.1 |
| Training hours | 2,540 | 3,907 | 1,484 | 2,690 | 104 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | €43.4m | €49.4m | €49.4m | €49.4m | - |
| Pledge on the business | €4.6m | €6.1m | €6.2m | €6.5m | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €205,645 | €228,812 | €1.5m | €806,665 | €149,837 |
| Intangible fixed assets | €5.2m | €7.9m | €10.4m | €7.4m | €5.9m |
| Financial fixed assets | €600,000 | €17.2m | €692,857 | €3.8m | €4.1m |
| Depreciation and write-downs of the year | €7.2m | €7.1m | €7.4m | €6.8m | €7.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is KPMG Bedrijfsrevisoren BV/SRL.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €23,598 | €26,824 | €27,896 | €34,722 | €35,764 |
| Other work by the auditor | - | €2,300 | €2,375 | €2,500 | €8,819 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €6,071 awarded · €6,071 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,618 | €2,618 |
| 2023 | 1 | €1,606 | €1,606 |
| 2022 | 1 | €1,847 | €1,847 |
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €47.9m | €55.4m | €61.1m | €64.6m | €66.9m | ▲ 3.6% |
| Turnover70 | €35.7m | €38.3m | €37.8m | €38.4m | €42.8m | €47.7m | €49.8m | €54.7m | ▲ 9.7% |
| Own construction capitalised72 | - | - | - | €4.8m | €6.2m | €7.1m | €7.1m | €5.7m | ▼ 19.7% |
| Other operating income74 | - | - | - | €4.7m | €6.3m | €6.4m | €6.5m | €6.4m | ▼ 1.8% |
| Non-recurring operating income76A | - | - | - | €0.01m | €0.09m | €0.003m | €1.2m | €0.2m | ▼ 82.2% |
| Operating charges60/66A | - | - | - | €45.5m | €51.4m | €54.7m | €57.5m | €59.0m | ▲ 2.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €4.9m | €6.3m | €5.3m | €5.9m | €7.1m | ▲ 19.5% |
| Purchases600/8 | - | - | - | €5.0m | €6.4m | €5.1m | €6.3m | €7.0m | ▲ 11.2% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.1m | -€0.08m | €0.2m | -€0.3m | €0.1m | - |
| Services and other goods61 | - | - | - | €14.2m | €16.1m | €17.6m | €17.1m | €17.5m | ▲ 2.0% |
| Remuneration, social security and pensions62 | - | - | - | €17.2m | €19.1m | €22.1m | €22.8m | €24.1m | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7.7m | €8.0m | €7.6m | €7.2m | €7.1m | €7.4m | €6.8m | €7.0m | ▲ 3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.07m | €0.2m | €0.03m | -€0.01m | €0.05m | - |
| Other operating charges640/8 | - | - | - | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 2.4% |
| Non-recurring operating charges66A | - | - | - | €1.8m | €2.5m | €1.9m | €4.6m | €3.1m | ▼ 33.2% |
| Operating profit (loss)9901 | €3.1m | €1.5m | €2.0m | €2.4m | €4.0m | €6.4m | €7.1m | €7.9m | ▲ 11.1% |
| Financial income75/76B | - | - | - | €1.2m | €5.2m | €1.2m | €1.0m | €0.4m | ▼ 63.7% |
| Recurring financial income75 | €2.7m | €0.03m | €0.03m | €1.2m | €5.2m | €1.2m | €1.0m | €0.4m | ▼ 63.7% |
| Income from current assets751 | - | - | - | €1.2m | €5.2m | €1.2m | €1.0m | €0.4m | ▼ 63.8% |
| Other financial income752/9 | - | - | - | €0.02m | €0.01m | €0.01m | €0.003m | €0.002m | ▼ 31.1% |
| Financial charges65/66B | - | - | - | €3.5m | €3.3m | €5.1m | €6.3m | €5.0m | ▼ 20.4% |
| Recurring financial charges65 | €3.0m | €1.8m | €2.7m | €3.5m | €3.3m | €5.1m | €6.3m | €5.0m | ▼ 20.4% |
| Debt charges650 | €2.6m | €1.7m | €2.6m | €3.4m | €3.3m | €5.1m | €5.8m | €4.6m | ▼ 19.6% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.04m | €0.02m | €0.5m | €0.4m | ▼ 29.4% |
| Profit (loss) for the period before taxes9903 | €0.3m | -€0.2m | -€0.6m | €0.1m | €5.9m | €2.4m | €1.9m | €3.3m | ▲ 78.4% |
| Income taxes67/77 | -€0.4m | -€0.1m | -€0.1m | -€0.2m | -€0.2m | -€0.2m | -€0.3m | -€0.2m | ▲ 48.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 48.2% |
| Profit (loss) for the period9904 | €0.8m | -€0.06m | -€0.5m | €0.3m | €6.1m | €2.7m | €2.2m | €3.5m | ▲ 58.6% |
| Profit (loss) for the period to be appropriated9905 | €0.8m | -€0.06m | -€0.5m | €0.3m | €6.1m | €2.7m | €2.2m | €3.5m | ▲ 58.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €75.9m | €73.4m | €73.6m | €72.8m | €92.9m | €101.5m | €111.2m | €120.1m | ▲ 8.0% |
| Formation expenses20 | - | - | €1.4m | €1.2m | €1.1m | €0.9m | €0.6m | €0.4m | ▼ 40.7% |
| Fixed assets21/28 | €59.9m | €55.7m | €58.2m | €56.9m | €74.6m | €77.0m | €82.5m | €85.9m | ▲ 4.2% |
| Intangible fixed assets21 | €19.8m | €19.2m | €16.3m | €14.8m | €16.2m | €18.7m | €20.1m | €19.9m | ▼ 0.9% |
| Tangible fixed assets22/27 | €0.6m | €1.1m | €1.1m | €0.9m | €0.8m | €1.9m | €2.1m | €1.7m | ▼ 22.5% |
| Land and buildings22 | - | - | - | €0.004m | €0.002m | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.6m | €0.5m | €0.5m | €1.0m | €0.9m | ▼ 10.8% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 42.8% |
| Other tangible fixed assets26 | - | - | - | €0.04m | €0.03m | €1.0m | €0.8m | €0.6m | ▼ 27.9% |
| Assets under construction and advance payments27 | - | - | - | - | €0.02m | - | - | - | - |
| Financial fixed assets28 | €39.5m | €35.4m | €40.8m | €41.1m | €57.6m | €56.5m | €60.3m | €64.4m | ▲ 6.8% |
| Affiliated companies280/1 | - | - | - | €41.0m | €57.5m | €56.3m | €60.1m | €64.2m | ▲ 6.8% |
| Participating interests280 | - | - | - | €41.0m | €57.5m | €56.3m | €60.1m | €64.2m | ▲ 6.8% |
| Other financial fixed assets284/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €16.0m | €17.7m | €14.0m | €14.8m | €17.2m | €23.6m | €28.1m | €33.8m | ▲ 20.4% |
| Amounts receivable after more than one year29 | - | - | - | €0.6m | €1.0m | €1.0m | €1.2m | €1.2m | ▲ 5.2% |
| Other amounts receivable291 | - | - | - | €0.6m | €1.0m | €1.0m | €1.2m | €1.2m | ▲ 5.2% |
| Stocks and contracts in progress3 | €1.1m | €0.9m | €0.9m | €1.0m | €1.1m | €0.8m | €1.0m | €0.9m | ▼ 16.9% |
| Stocks30/36 | - | - | - | €1.0m | €1.1m | €0.8m | €1.0m | €0.9m | ▼ 17.6% |
| Goods purchased for resale34 | - | - | - | €1.0m | €1.1m | €0.8m | €1.0m | €0.9m | ▼ 17.6% |
| Contracts in progress37 | - | - | - | - | - | - | €0.002m | €0.009m | ▲ 318% |
| Amounts receivable within one year40/41 | €13.2m | €11.1m | €9.3m | €10.1m | €12.1m | €15.5m | €17.5m | €20.0m | ▲ 14.2% |
| Trade receivables40 | - | - | - | €8.3m | €10.3m | €10.5m | €9.6m | €10.9m | ▲ 13.5% |
| Other amounts receivable41 | - | - | - | €1.8m | €1.8m | €4.9m | €8.0m | €9.1m | ▲ 15.0% |
| Current investments50/53 | - | - | - | - | - | €0.7m | €1.0m | €1.0m | = |
| Other investments51/53 | - | - | - | - | - | €0.7m | €1.0m | €1.0m | = |
| Cash at bank and in hand54/58 | €0.9m | €4.0m | €1.7m | €1.6m | €1.2m | €3.1m | €4.7m | €8.9m | ▲ 90.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1.5m | €1.9m | €2.6m | €2.6m | €1.7m | ▼ 33.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €75.9m | €73.4m | €73.6m | €72.8m | €92.9m | €101.5m | €111.2m | €120.1m | ▲ 8.0% |
| Equity10/15 | €11.3m | €11.2m | €10.8m | €11.1m | €16.6m | €19.3m | €21.5m | €25.5m | ▲ 18.7% |
| Contributions10/11 | €14.1m | €14.1m | €14.1m | €14.7m | €10.5m | €10.5m | €10.5m | €11.1m | ▲ 5.1% |
| Capital10 | - | - | - | €14.1m | €10.5m | €10.5m | €10.5m | €11.1m | ▲ 5.1% |
| Issued capital100 | - | - | - | €14.1m | €10.5m | €10.5m | €10.5m | €11.1m | ▲ 5.1% |
| Contributions outside capital11 | - | - | - | €0.5m | - | - | - | - | - |
| Share premium1100/10 | - | - | - | €0.5m | - | - | - | - | - |
| Reserves13 | €1.8m | €1.8m | €1.8m | €1.8m | €0.3m | €0.4m | €0.5m | €0.7m | ▲ 31.8% |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.4m | €0.5m | €0.7m | ▲ 31.8% |
| Legal reserve130 | - | - | - | €0.3m | €0.3m | €0.4m | €0.5m | €0.7m | ▲ 31.8% |
| Distributable reserves133 | - | - | - | €1.5m | - | - | - | - | - |
| Profit (loss) carried forward14 | -€5.2m | -€5.2m | -€5.7m | -€5.4m | €5.8m | €8.3m | €10.4m | €13.7m | ▲ 31.8% |
| Amounts payable17/49 | €64.6m | €62.1m | €62.8m | €61.8m | €76.3m | €82.2m | €89.7m | €94.6m | ▲ 5.4% |
| Amounts payable after more than one year17 | €47.7m | €45.8m | €43.4m | €43.4m | €49.4m | €49.4m | €49.4m | €50.4m | ▲ 1.9% |
| Financial debts170/4 | - | - | - | €43.4m | €49.4m | €49.4m | €49.4m | €50.4m | ▲ 1.9% |
| Credit institutions173 | - | - | - | €43.4m | €49.4m | €49.4m | €49.4m | - | - |
| Other loans174 | - | - | - | - | - | - | - | €50.4m | - |
| Amounts payable within one year42/48 | €15.1m | €12.8m | €15.4m | €13.3m | €21.1m | €25.3m | €32.0m | €35.7m | ▲ 11.5% |
| Financial debts43 | - | - | - | - | - | €2.0m | €3.0m | - | - |
| Credit institutions430/8 | - | - | - | - | - | €2.0m | €3.0m | - | - |
| Trade debts44 | €5.9m | €5.3m | €4.9m | €4.5m | €5.2m | €4.8m | €4.7m | €9.1m | ▲ 95.4% |
| Suppliers440/4 | - | - | - | €4.5m | €5.2m | €4.8m | €4.7m | €9.1m | ▲ 95.4% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €300 | - |
| Taxes, remuneration and social security45 | - | - | - | €3.0m | €3.9m | €4.3m | €3.9m | €4.0m | ▲ 2.8% |
| Taxes450/3 | - | - | - | €0.4m | €0.8m | €1.0m | €0.7m | €0.8m | ▲ 10.8% |
| Remuneration and social security454/9 | - | - | - | €2.6m | €3.1m | €3.3m | €3.2m | €3.2m | ▲ 1.1% |
| Other amounts payable47/48 | - | - | - | €5.8m | €11.9m | €14.2m | €20.5m | €22.6m | ▲ 10.4% |
| Accrued charges and deferred income492/3 | - | - | - | €5.1m | €5.9m | €7.5m | €8.2m | €8.5m | ▲ 2.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.8m | -€0.06m | -€0.5m | €0.3m | €6.1m | €2.7m | €2.2m | €3.5m | ▲ 58.6% |
| + Depreciation and write-downs630 | €7.7m | €8.0m | €7.6m | €7.2m | €7.1m | €7.4m | €6.8m | €7.0m | ▲ 3.5% |
| Operating cash flow (approximation) | €8.4m | €8.0m | €7.1m | €7.5m | €13.2m | €10.1m | €8.9m | €10.5m | ▲ 17.0% |
| Investment in fixed assets (approximation) | - | -€3.8m | -€10.1m | -€5.9m | -€24.9m | -€9.8m | -€12.2m | -€10.4m | ▲ 14.8% |
| Change in cash | - | €3.0m | -€2.3m | -€0.1m | -€0.4m | €1.9m | €1.6m | €4.2m | ▲ 166% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00250324 | |
| 31-12-2024 | full format | 09-07-2025 | 2025-00266838 | |
| 31-12-2023 | full format | 05-07-2024 | 2024-00227841 | |
| 31-12-2022 | full format | 30-06-2023 | 2023-00215540 | |
| 31-12-2021 | full format | 01-07-2022 | 2022-20136693 | |
| 31-12-2020 | full format | 28-06-2021 | 2021-27100515 | |
| 31-12-2019 | full format | 22-06-2020 | 2020-19800246 | |
| 31-12-2018 | full format | 18-07-2019 | 2019-34800408 | |
| 31-12-2017 | full format | 06-07-2018 | 2018-30700145 | |
| 31-12-2016 | full format | 27-07-2017 | 2017-38100344 |