Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
Gross margin
€ 0
Profit
Healthy€ 37.4 million
▼ 4% vs 2024
Debts
Low€ 4.6 million
▲ 63% vs 2024
COREX HOLDING from Aalst, company number BE0725684615, closed financial year 2025 with a result of € 37.4 million after tax. For that financial year COREX HOLDING recorded a gross margin of € 0 and equity of € 279.4 million. Compared with financial year 2024, the result moved from € 39 million to € 37.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
What happened at COREX HOLDING?
What happened at COREX HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert De Meyer stepped down as director. NBB
- Pierre Macharis stepped down as director. NBB
- Fincopro BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 37.4 million (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Geert De Meyer became a director. NBB
- Pierre Macharis became a director. NBB
- Fincopro BV became a director. NBB
In short
From € 16.7 million profit in 2021 to € 37.4 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2021.
Best year ever: 2024, with € 39 million profit.
Paid out € 89.5 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
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Management
The shares are held by VPK GROUP NV. It owns 100% of Globcore II, 100% of Corex Czech SRO, 100% of Corex Nederland BV, 100% of NPAC Holdings Ltd, 100% of Corex Swiecie Sp. Z o.o. and 100% of Corex France SAS itself.
Directors
According to the 2025 annual accounts
since 2019 · until 2031
since 2019 · until 2031
Director · represented by Erik Peeters
Also active at: COREX Belgium, IMMOWELL, ARGON +5 more
since 2019 · until 2031
Shareholders
Participations
Globcore II
100%
Corex Czech SRO
100%
Corex Nederland BV
100%
NPAC Holdings Ltd
100%
Corex Swiecie Sp. Z o.o.
100%
Corex France SAS
100%
Corex Romania SRL
100%
Corex Turkey AS
100%
Corenso France SASU
100%
100%
Corex Luxembourg SA
100%
Establishments
Establishment units
Physical locations of this company
Kareelstraat 108
9300 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
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Details
- Company number
- 0725.684.615
- VAT number
- BE 0725.684.615
- Registered office
- Kareelstraat 108, 9300 Aalst
- Names & denominations
- COREX HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2019
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Vervaardiging van papier en karton
Activiteiten van holdings
Holdings
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