Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SANITAIR COORNAERT from Kuurne, company number BE0425301646, closed financial year 2025 with a result of € -8,359 after tax. For that financial year SANITAIR COORNAERT recorded a gross margin of € -3,428 and equity of € -11,114. Compared with financial year 2024, the result moved from € -9,544 to € -8,359. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ -11,114
▼ € 8,359 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,359
▲ 12 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,198.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 369
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,321
Loans from banks and other lenders, long and short.
€ 17,697
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,984
▲ 248% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,223 | € 10,824 | € -4,724 | € -3,428 | ▲ € 1,297 |
| Profit after taxes | € -9,399 | € 475 | € -9,544 | € -8,359 | ▲ € 1,185 |
| Equity | € 6,315 | € 6,789 | € -2,754 | € -11,114 | ▼ € 8,359 |
| Total debts | € 32,514 | € 27,394 | € 43,689 | € 48,554 | ▲ 11% |
| Cash | € 1,023 | - | - | € 1,023 | |
| Retained profit | € -8,769 | € -8,295 | € -17,839 | € -26,198 | ▼ € 8,359 |
| Bank debt | € 14,624 | € 0 | € 0 | € 15,321 | |
| Balance sheet total | € 38,828 | € 34,183 | € 40,934 | € 37,440 | ▼ 9% |
Key figures of SANITAIR COORNAERT, 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 SANITAIR COORNAERT?
What happened at SANITAIR COORNAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,359. filed late Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,399 loss in 2022 to € 8,359 loss in 2025.
Best year ever: 2023, with € 475 profit.
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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
Behind SANITAIR COORNAERT is Philippe Coornaert.
Directors
According to the 2025 annual accounts
Philippe Coornaert
Director
Establishments
Establishment units
Physical locations of this company
Hulstsestraat 156
8520 Kuurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.301.646
- VAT number
- BE 0425.301.646
- Registered office
- Hulstsestraat 156, 8520 Kuurne
- Names & denominations
- SANITAIR COORNAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 1984
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk