Financials
Financial year 2025
CORDA from Balen, company number BE0407326061, closed financial year 2025 with a result of € 57,175 after tax. For that financial year CORDA recorded a gross margin of € 163,260 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 58,360 to € 57,175. 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 September 16, 2026.
€ 1.7 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,175
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 41,298
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
35 % of the profit went to the shareholders, mostly to Lorcolim (50 % of the shares). That is where the money ends up.
Debts at end 2025
€ 226,967
▼ 20% vs 2024
€ 53,035 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2
▼ € 26,921 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,279
▼ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,294 | € 153,938 | € 161,310 | € 163,260 | ▲ 1% |
| Profit after taxes | € 60,815 | € 55,428 | € 58,360 | € 57,175 | ▼ 2% |
| Equity | € 1,598,240 | € 1,653,668 | € 1,692,027 | € 1,729,203 | ▲ 2% |
| Total debts | € 432,215 | € 368,583 | € 320,750 | € 231,248 | ▼ 28% |
| Cash | € 87,254 | € 77,476 | € 20,996 | € 41,298 | ▲ 97% |
| Land & buildings | € 1,047,901 | € 999,730 | € 951,559 | € 903,389 | ▼ 5% |
| Retained profit | € 1,497,611 | € 1,553,038 | € 1,591,398 | € 1,628,573 | ▲ 2% |
| Dividend | € 0 | € 0 | € 20,000 | € 20,000 | |
| Bank debt | € 396,093 | € 339,717 | € 283,342 | € 226,967 | ▼ 20% |
| Balance sheet total | € 2,030,455 | € 2,022,251 | € 2,012,778 | € 1,960,451 | ▼ 3% |
Key figures of CORDA, 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.
What happened to CORDA?
What happened at CORDA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,175 (▼ 2% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Balen. KBO
In short
From € 60,815 profit in 2022 to € 57,175 profit in 2025.
Paid € 79,774 in corporate taxes since 2022.
Best year ever: 2022, with € 60,815 profit.
Paid out € 40,000 in dividends to the owners in total.
Management
The stake of Lorcolim, STECOLIM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORDABehind CORDA are STECOLIM BV and LORCOLIM BV. The shares are held by Lorcolim (50%) and STECOLIM (50%). It owns 99.8% of Kaberuyv, 98% of DE LIM MOL NV and 50% of De Lim Balen itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Steven Cornelissen
Also active at: DE LIM - MOL, Kaberuyv, DE LIM - BALEN
Managing director · represented by Lorenzo Cornelissen
Also active at: DE LIM - MOL, Kaberuyv, DE LIM - BALEN
Participations
Establishments
Establishment units
Physical locations of this company
Molsesteenweg 131
2490 Balen
Molenstraat 131
2490 Balen
Active since 1 January 1800
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.326.061
- VAT number
- BE 0407.326.061
- Registered office
- Molsesteenweg 131, 2490 Balen
- Names & denominations
- CORDA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1970
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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