Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
CORRE from Hasselt, company number BE0421847456, closed financial year 2025 with a result of € -268,550 after tax. For that financial year CORRE recorded a gross margin of € 70,795 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -300,638 to € -268,550. The company made a loss. 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 January 19, 2026.
€ 2.9 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -268,550
▲ 11 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,688
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
Debts at end 2025
€ 813,608
▼ 13% vs 2024
€ 123,317 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,650
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,131
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 161,053 | € 313,933 | € 249,708 | € 70,795 | ▼ 72% |
| Profit after taxes | € -204,957 | € -18,620 | € -300,638 | € -268,550 | ▲ € 32,088 |
| Equity | € 3,517,620 | € 3,499,000 | € 3,198,362 | € 2,929,813 | ▼ 8% |
| Total debts | € 1,309,142 | € 1,206,616 | € 938,031 | € 941,858 | |
| Cash | € 422,485 | € 258,987 | € 7,202 | € 2,688 | ▼ 63% |
| Land & buildings | € 4,365,773 | € 4,155,201 | € 4,079,029 | € 3,868,457 | ▼ 5% |
| Retained profit | € 2,731,020 | € 2,712,400 | € 2,411,762 | € 2,143,213 | ▼ 11% |
| Bank debt | € 1,264,478 | € 1,054,651 | € 935,067 | € 813,608 | ▼ 13% |
| Balance sheet total | € 4,826,762 | € 4,705,616 | € 4,136,393 | € 3,871,670 | ▼ 6% |
Key figures of CORRE, 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 CORRE?
What happened at CORRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 268,550. Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 204,957 loss in 2022 to € 268,550 loss in 2025.
Paid € 98,421 in corporate taxes since 2022.
A new publication or filing at CORRE? We notify you, reason included.
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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 SOMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORREBehind CORRE are SOMA NV , A & P NV and PHILIPPE CORTHOUTS. The shares are held by SOMA (100%).
Directors
According to the 2025 annual accounts
Director · represented by Adrien Corthouts
Also active at: SLEEPING SOLUTIONS PRODUCTION, SOFA PRODUCTION, PASSE PARTOUT, SAREZE, GEACOR
PHILIPPE CORTHOUTS
Managing director
Also active at: BELFORM EUROPE, Comu, SOMA, A & P, SOFA PRODUCTION, PASSE PARTOUT, SOFABED EUROPE, SITAC EUROPE +2 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ekkelgaarden 6 A
3500 Hasselt
Sint-Truidersteenweg 296
3500 Hasselt
Active since 1 October 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →SOFABED EUROPE same network
€ -108,992 gross margin · 2025
SITAC EUROPE same network
€ 431,067 gross margin · 2025
SITAL INVEST
€ 35,452 gross margin · 2025
SAREZE same network
€ 198,273 gross margin · 2025
RECOR BEDDING EUROPE
€ 51,767 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.847.456
- VAT number
- BE 0421.847.456
- Registered office
- Ekkelgaarden 6 A, 3500 Hasselt
- Names & denominations
- CORRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1981
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Confectie van overige textielartikelen
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in kleding, kledingtoebehoren en bontartikelen
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)