Skip to content

CORILUS

Active
Public limited companyfounded 1986active for 40 yearsGaston Crommenlaan 4, 9050 Gent, BelgiumKBO/BCE: BE 0428.555.896

Financials · financial year 2025, full format

Annual accounts 2025 filed on 30-06-2026 at the NBB all 39 filings

Turnover
€54.7m▲ 9.7%
2024 · €49.8m
EBIT margin
14.5%▲ 0.2pp
2024 · 14.3%
Net result
€3.5m▲ 58.6%
2024 · €2.2m
Working capital
-€2.0m▲ 50.9%
2024 · -€4.0m
Multi-year overview
2018 to 2025, 8 financial years
Turnover
€54.7m
▲ 9.7% 2025
20182025
Operating result
€7.9m
▲ 11.1% 2025
20182025
Net result
€3.5m
▲ 58.6% 2025
highest quarter of the sector
20182025
EBIT margin
14.5%
▲ 0.2pp 2025
20182025
Equity
€25.5m
▲ 18.7% 2025
highest quarter of the sector
20182025
Total assets
€120.1m
▲ 8.0% 2025
highest quarter of the sector
20182025
Debt
€94.6m
▲ 5.4% 2025
20182025
Working capital
-€2.0m
▲ 50.9% 2025
lowest quarter of the sector
20182025
Solvency
21.2%
▲ 1.9pp 2025
lowest quarter of the sector
20182025
Current ratio
0.95
▲ 0.07 2025
lowest quarter of the sector
20182025
Return on assets (ROA)
2.9%
▲ 0.9pp 2025
middle half of the sector
20182025
Staff (FTE)
220
▼ 7.8% 2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€35.7m-€38.3m▲ 7.2%€37.8m▼ 1.3%€38.4m▲ 1.6%€42.8m▲ 11.4%€47.7m▲ 11.3%€49.8m▲ 4.5%€54.7m▲ 9.7%
Operating result€3.1m-€1.5m▼ 50.3%€2.0m▲ 32.6%€2.4m▲ 20.0%€4.0m▲ 65.2%€6.4m▲ 59.5%€7.1m▲ 11.8%€7.9m▲ 11.1%
Net result€0.8m--€0.06m-€0.5mbelow the sector's middle half▼ 635%€0.3mwithin the sector's middle half€6.1mabove the sector's middle half▲ 20×€2.7mabove the sector's middle half▼ 56.1%€2.2mabove the sector's middle half▼ 17.8%€3.5mabove the sector's middle half▲ 58.6%
EBIT margin8.6%-4.0%▼ 4.6pp5.3%▲ 1.4pp6.3%▲ 1.0pp9.4%▲ 3.0pp13.4%▲ 4.0pp14.3%▲ 0.9pp14.5%▲ 0.2pp
Equity€11.3m-€11.2m▼ 0.6%€10.8mabove the sector's middle half▼ 4.3%€11.1mabove the sector's middle half▲ 2.9%€16.6mabove the sector's middle half▲ 50.2%€19.3mabove the sector's middle half▲ 16.1%€21.5mabove the sector's middle half▲ 11.4%€25.5mabove the sector's middle half▲ 18.7%
Total assets€75.9m-€73.4m▼ 3.4%€73.6mabove the sector's middle half▲ 0.3%€72.8mabove the sector's middle half▼ 1.0%€92.9mabove the sector's middle half▲ 27.6%€101.5mabove the sector's middle half▲ 9.2%€111.2mabove the sector's middle half▲ 9.5%€120.1mabove the sector's middle half▲ 8.0%
Debt€64.6m-€62.1m▼ 3.9%€62.8m▲ 1.2%€61.8m▼ 1.7%€76.3m▲ 23.5%€82.2m▲ 7.7%€89.7m▲ 9.1%€94.6m▲ 5.4%
Working capital€0.9m-€4.8m▲ 428%-€1.4mbelow the sector's middle half€1.5mwithin the sector's middle half-€3.9mbelow the sector's middle half-€1.7mbelow the sector's middle half▲ 55.9%-€4.0mbelow the sector's middle half▼ 134%-€2.0mbelow the sector's middle half▲ 50.9%
Solvency14.9%-15.3%▲ 0.4pp14.6%below the sector's middle half▼ 0.7pp15.2%below the sector's middle half▲ 0.6pp17.9%below the sector's middle half▲ 2.7pp19.0%below the sector's middle half▲ 1.1pp19.3%below the sector's middle half▲ 0.3pp21.2%below the sector's middle half▲ 1.9pp
Current ratio1.06-1.38▲ 0.320.91below the sector's middle half▼ 0.471.11below the sector's middle half▲ 0.200.82below the sector's middle half▼ 0.290.93below the sector's middle half▲ 0.120.88below the sector's middle half▼ 0.060.95below the sector's middle half▲ 0.07
Return on assets (ROA)1.0%--0.1%▼ 1.1pp-0.6%below the sector's middle half▼ 0.6pp0.4%below the sector's middle half▲ 1.1pp6.5%within the sector's middle half▲ 6.1pp2.6%within the sector's middle half▼ 3.9pp2.0%within the sector's middle half▼ 0.7pp2.9%within the sector's middle half▲ 0.9pp
Staff (FTE)185.9-207.1▲ 11.4%220above the sector's middle half▲ 6.2%228.3above the sector's middle half▲ 3.8%234.5above the sector's middle half▲ 2.7%237.4above the sector's middle half▲ 1.2%238.7above the sector's middle half▲ 0.5%220above the sector's middle half▼ 7.8%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 11% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.

Large changes and their cause
  • 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).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119.7m
Fixed assets €85.9m ▲ 4.2%
Current assets €33.8m ▲ 20.4%
Equity and liabilities €120.1m
Equity €25.5m ▲ 18.7%
Debt €94.6m ▲ 5.4%
Debt's share of the balance-sheet total falls from 80.7% to 78.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14.9m▲
2024 · €13.9m
Cash flow
€10.5m▲
2024 · €8.9m
Quick ratio
0.92▲
2024 · 0.84
Debt to equity
3.71▼
2024 · 4.17
ROE
13.7%▲
2024 · 10.2%
Interest coverage
3.22▲
2024 · 2.41
Debt ≤ 1 year
€35.7m▲
2024 · €32.0m
Debt > 1 year
€50.4m▲
2024 · €49.4m
Income taxes
-€177,595▲
2024 · -€343,077
Customer credit
73 days▲
2024 · 70 days
Supplier credit
472 days▲
2024 · 289 days
Staff costs
€24.1m▲
2024 · €22.8m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date236241241251208
full-time195196196206174
part-time4145454534
in full-time equivalents225.9229.9231.3241.3200.9
Average over the year, in full-time equivalents228.3234.5237.4238.7220
On a permanent contract236241241251207
Joined2036393226
Left2031392269
Agency workers, average number0.81.40.60.10.1
Training hours2,5403,9071,4842,690104

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
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

fixed assets acquired
Item20212022202320242025
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

fees

The auditor is KPMG Bedrijfsrevisoren BV/SRL.

Item20212022202320242025
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 AwardedPaid
2025 1 €2,618€2,618
2023 1 €1,606€1,606
2022 1 €1,847€1,847
Schemes
3 entries · €6,071 · €6,071 paid · Departement Werk en Sociale Economie

Public contracts

1 award · 2026
Elektronisch verpleegdossier
buyer: i-mens vzwIT servicesawarded 17-08-2026€3.9m1 tenderTED 579510-2026

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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 86 lines
Balance sheet Code20242025
Assets
Total assets20/58€111.2m€120.1m▲
Formation expenses20€0.6m€0.4m▼
Fixed assets21/28€82.5m€85.9m▲
Intangible fixed assets21€20.1m€19.9m▼
Tangible fixed assets22/27€2.1m€1.7m▼
Plant, machinery and equipment23€1.0m€0.9m▼
Furniture and vehicles24€0.3m€0.2m▼
Other tangible fixed assets26€0.8m€0.6m▼
Financial fixed assets28€60.3m€64.4m▲
Affiliated companies280/1€60.1m€64.2m▲
Participating interests280€60.1m€64.2m▲
Other financial fixed assets284/8€0.1m€0.1m=
Amounts receivable and cash guarantees285/8€0.1m€0.1m=
Current assets29/58€28.1m€33.8m▲
Amounts receivable after more than one year29€1.2m€1.2m▲
Other amounts receivable291€1.2m€1.2m▲
Stocks and contracts in progress3€1.0m€0.9m▼
Stocks30/36€1.0m€0.9m▼
Goods purchased for resale34€1.0m€0.9m▼
Contracts in progress37€0.002m€0.009m▲
Amounts receivable within one year40/41€17.5m€20.0m▲
Trade receivables40€9.6m€10.9m▲
Other amounts receivable41€8.0m€9.1m▲
Current investments50/53€1.0m€1.0m=
Other investments51/53€1.0m€1.0m=
Cash at bank and in hand54/58€4.7m€8.9m▲
Deferred charges and accrued income490/1€2.6m€1.7m▼
Equity and liabilities
Total equity and liabilities10/49€111.2m€120.1m▲
Equity10/15€21.5m€25.5m▲
Contributions10/11€10.5m€11.1m▲
Capital10€10.5m€11.1m▲
Issued capital100€10.5m€11.1m▲
Reserves13€0.5m€0.7m▲
Non-distributable reserves130/1€0.5m€0.7m▲
Legal reserve130€0.5m€0.7m▲
Profit (loss) carried forward14€10.4m€13.7m▲
Amounts payable17/49€89.7m€94.6m▲
Amounts payable after more than one year17€49.4m€50.4m▲
Financial debts170/4€49.4m€50.4m▲
Credit institutions173€49.4m-
Other loans174-€50.4m
Amounts payable within one year42/48€32.0m€35.7m▲
Financial debts43€3.0m-
Credit institutions430/8€3.0m-
Trade debts44€4.7m€9.1m▲
Suppliers440/4€4.7m€9.1m▲
Advances received on contracts in progress46-€300
Taxes, remuneration and social security45€3.9m€4.0m▲
Taxes450/3€0.7m€0.8m▲
Remuneration and social security454/9€3.2m€3.2m▲
Other amounts payable47/48€20.5m€22.6m▲
Accrued charges and deferred income492/3€8.2m€8.5m▲
Income statement Code20242025
Operating income70/76A€64.6m€66.9m▲
Turnover70€49.8m€54.7m▲
Own construction capitalised72€7.1m€5.7m▼
Other operating income74€6.5m€6.4m▼
Non-recurring operating income76A€1.2m€0.2m▼
Operating charges60/66A€57.5m€59.0m▲
Goods for resale, raw materials and consumables60€5.9m€7.1m▲
Purchases600/8€6.3m€7.0m▲
Change in stocks: decrease (increase)609-€0.3m€0.1m▲
Services and other goods61€17.1m€17.5m▲
Remuneration, social security and pensions62€22.8m€24.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6.8m€7.0m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.01m€0.05m▲
Other operating charges640/8€0.3m€0.3m▲
Non-recurring operating charges66A€4.6m€3.1m▼
Operating profit (loss)9901€7.1m€7.9m▲
Financial income75/76B€1.0m€0.4m▼
Recurring financial income75€1.0m€0.4m▼
Income from current assets751€1.0m€0.4m▼
Other financial income752/9€0.003m€0.002m▼
Financial charges65/66B€6.3m€5.0m▼
Recurring financial charges65€6.3m€5.0m▼
Debt charges650€5.8m€4.6m▼
Other financial charges652/9€0.5m€0.4m▼
Profit (loss) for the period before taxes9903€1.9m€3.3m▲
Income taxes67/77-€0.3m-€0.2m▲
Tax adjustments and reversals of tax provisions77€0.3m€0.2m▼
Profit (loss) for the period9904€2.2m€3.5m▲
Profit (loss) for the period to be appropriated9905€2.2m€3.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€10.5m€13.9m▲
Profit (loss) brought forward from the previous period14P€8.3m€10.4m▲
Transfer to equity691/2€0.1m€0.2m▲
To the legal reserve6920€0.1m€0.2m▲
Social balance sheet
Average headcount (FTE)9087238.7220.0▼

The notes to these accounts have 70 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Line20182019202020212022202320242025Change
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%
Line20182019202020212022202320242025Change
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%
Line20182019202020212022202320242025Change
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.

Download as CSV

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 PDF
31-12-2024 full format 09-07-2025 2025-00266838 PDF
31-12-2023 full format 05-07-2024 2024-00227841 PDF
31-12-2022 full format 30-06-2023 2023-00215540 PDF
31-12-2021 full format 01-07-2022 2022-20136693 PDF
31-12-2020 full format 28-06-2021 2021-27100515 PDF
31-12-2019 full format 22-06-2020 2020-19800246 PDF
31-12-2018 full format 18-07-2019 2019-34800408 PDF
31-12-2017 full format 06-07-2018 2018-30700145 PDF
31-12-2016 full format 27-07-2017 2017-38100344 PDF

Show all 39 filings

Next steps