COURSE

Active

Public limited companyfounded 1989active for 37 yearsKrekelstraat 43, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0437.764.166

Summary

The annual accounts of COURSE for financial year 2025 show a net loss of 50% of total assets and of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €108,285 and a net result of -€558,394. Equity is shrinking by about 5.4% per year across the filed financial years. Its solvency ranks better than 14% of 3,811 sector peers (NACE 70, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisFollow Report Compare

COURSEActiveChecked score 53/100

Risk analysis Report Compare

Directors

1 director, last change in 2025

Decebra NV

Sole director · since 23-09-2025 · Legal entity

Current

Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Not every act has been read: a resignation may still be missing

3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2025, 1 in office

All 3 In office 1 Ended 2

Board
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Decebra NV	Sole director, from 23-09-2025 to date
Chris Valkiers	Director, until 23-09-2025
Luc Valkiers	Director, until 23-09-2025

See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

DECEBRA 100%
COURSE

Highest known parent: DECEBRA. The sources do not say who stands above it.

Owners 1

DECEBRAparent
Sourceaccounts DECEBRA 2025

100%

According to the 2024 annual accounts of COURSE 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.