Financials
Financial year 2025
Georges Corman - Halleux et fils from Herve, company number BE0419222716, closed financial year 2025 with a result of € 400,265 after tax. For that financial year Georges Corman - Halleux et fils recorded revenue of € 13 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 585,484 to € 400,265. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2025.
€ 2.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 400,265
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 229,592
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 401,460 paid out
100 % of the profit went to the shareholders, mostly to CEDCO IMMO (50 % of the shares). That is where the money ends up.
People and assets in 2025
58.6
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 2% vs 2024
€ 57,600 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.
€ 464,771
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 677,707
▼ 21% vs 2024
€ 191,145 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 350,614
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,035,973 | € 15,845,032 | € 15,566,150 | € 12,991,477 | ▼ 17% |
| Profit after taxes | € 678,470 | € 644,150 | € 585,484 | € 400,265 | ▼ 32% |
| Equity | € 2,513,120 | € 2,512,882 | € 2,512,497 | € 2,511,152 | |
| Total debts | € 3,701,294 | € 3,182,140 | € 3,823,672 | € 2,630,698 | ▼ 31% |
| Cash | € 352,262 | € 108,655 | € 663,298 | € 229,592 | ▼ 65% |
| Retained profit | € 309,089 | € 309,239 | € 309,243 | € 308,048 | |
| Dividend | € 678,000 | € 644,000 | € 585,480 | € 401,460 | ▼ 31% |
| Bank debt | € 1,179,465 | € 971,866 | € 858,779 | € 677,707 | ▼ 21% |
| Balance sheet total | € 6,214,414 | € 5,695,022 | € 6,336,169 | € 5,141,850 | ▼ 19% |
| Employees (FTE) | 65.6 | 64.6 | 60.5 | 58.6 | ▼ 1.9 |
Key figures of Georges Corman - Halleux et fils, 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 October 2026.
What happened to Georges Corman - Halleux et fils?
What happened at Georges Corman - Halleux et fils in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 400,265 (▼ 32% vs 2024). Source: NBB ↗
- CS CONCEPT SRL became a director. NBB
- CEDCO IMMO SRL became a director. NBB
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 678,470 profit in 2022 to € 400,265 profit in 2025.
Paid € 790,926 in corporate taxes since 2022.
Best year ever: 2022, with € 678,470 profit.
Paid out € 2.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CEDCO IMMO, CS CONCEPT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Georges Corman - Halleux et filsBehind Georges Corman - Halleux et fils are CS CONCEPT SRL and CEDCO IMMO SRL. The shares are held by CEDCO IMMO (50%) and CS CONCEPT (50%).
Directors
According to the 2025 annual accounts
Director · represented by Sébastien CORMANN
since 2019
Director · represented by Cédric CORMAN
since 2019
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Agolina 4
4650 Herve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0419.222.716
- VAT number
- BE 0419.222.716
- Registered office
- Rue de l'Agolina 4, 4650 Herve
- Names & denominations
- Georges Corman - Halleux et fils
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 1979
- Peppol
- Active · Active since 24 Apr 2025
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