Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CORE+ from Leuven, company number BE0770609372, closed financial year 2025 with a result of € 459,933 after tax. For that financial year CORE+ recorded a gross margin of € 4.1 million and equity of € 7.5 million. Compared with financial year 2024, the result moved from € -1.5 million to € 459,933. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 7.5 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 459,933
▲ still € 1.5 million loss in 2024
Profit after tax over the fiscal year.
€ 269,454
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.4 million.
People and assets in 2025
4.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 320,681
▼ 21% vs 2024
€ 72,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 228,739
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37.5 million
▼ 5% vs 2024
€ 3.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.4 million
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90,255
▲ 232% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,543,363 | € 2,672,518 | € 2,092,985 | € 4,053,743 | ▲ 94% |
| Profit after taxes | € 95,046 | € -578,471 | € -1,542,308 | € 459,933 | ▲ € 2 million |
| Equity | € 8,931,994 | € 8,571,736 | € 7,029,428 | € 7,489,361 | ▲ 7% |
| Total debts | € 38,079,357 | € 42,737,049 | € 43,117,642 | € 42,776,124 | ▼ 1% |
| Cash | € 3,060,598 | € 1,969,716 | € 818,550 | € 269,454 | ▼ 67% |
| Land & buildings | € 40,862,358 | € 40,119,469 | € 39,050,014 | € 43,130,719 | ▲ 10% |
| Retained profit | € 7,875,007 | € 7,514,749 | € 5,972,442 | € 6,432,374 | ▲ 8% |
| Bank debt | € 36,369,461 | € 41,188,384 | € 39,652,318 | € 37,498,244 | ▼ 5% |
| Balance sheet total | € 50,117,359 | € 53,852,528 | € 52,340,760 | € 52,064,600 | ▼ 1% |
| Employees (FTE) | 5.3 | 4.9 | 5 | 4.4 | ▼ 0.6 |
By gross margin, CORE+ ranks 1st of 14 companies with main activity “Hotels en dergelijke accommodatie” in Leuven that publish figures (fiscal year 2025).
Key figures of CORE+, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about CORE+ the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to CORE+?
What happened at CORE+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter Myny stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 459,933. Source: NBB ↗
- Laurent Méan became a director. NBB
- New establishment in Leuven. KBO
- New establishment in Oostende. KBO
- New establishment in Gent. KBO
- New establishment in Leuven. KBO
- New establishment in Zaventem. KBO
In short
From € 95,046 profit in 2022 to € 459,933 profit in 2025.
Paid € 278,766 in corporate taxes since 2022.
Best year ever: 2025, with € 459,933 profit.
On average € 921,300 of value added per employee in 2025.
Management
The stake of KOMODO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORE+Behind CORE+ is Laurent Méan. The shares are held by KOMODO INVEST (100%). It owns 100% of Glowy, 80% of Idola and 60% of Reban Invest itself.
Directors
According to the 2025 annual accounts
since 2021
Pieter Myny
Director
Also active at: LA MIRAGE, GROUP GLOBISS, PROVALUE, KOMODO INVEST, WESP EUROPE, Bluma Invest, Morevalue, Hyper Invest +8 more
since 2021 · until 2027
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Naamsestraat 9
3000 Leuven
Vital Decosterstraat 23
3000 Leuven
Active since 1 July 2021
Van Iseghemlaan 38
8400 Oostende
Active since 1 July 2021
Seminariestraat 2
9000 Gent
Active since 1 July 2021
Hector Henneaulaan 101
1930 Zaventem
Active since 1 July 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →LA MIRAGE same network
€ 187,911 gross margin · 2025
GROUP GLOBISS same network
€ 3.7 million gross margin · 2025
PROVALUE same network
€ 570,403 gross margin · 2025
KOMODO INVEST same network
€ -3,603 gross margin · 2025
WESP EUROPE same network
€ -30,199 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0770.609.372
- VAT number
- BE 0770.609.372
- Registered office
- Naamsestraat 9, 3000 Leuven
- Names & denominations
- CORE+
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Hotels en dergelijke accommodatie
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis