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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CORBEL from Erpe-Mere, company number BE0426578779, closed financial year 2025 with a result of € -20,400 after tax. For that financial year CORBEL recorded a gross margin of € -8,928 and equity of € -424,077. Compared with financial year 2024, the result moved from € -51,587 to € -20,400. 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 June 12, 2026.
€ -424,077
▼ € 20,400 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,400
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,072
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -442,677.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,823
▼ 50% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,299
▲ € 1,202 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 115,845 | € 64,564 | € -10,450 | € -8,928 | ▲ € 1,522 |
| Profit after taxes | € -25,816 | € -33,798 | € -51,587 | € -20,400 | ▲ € 31,187 |
| Equity | € -318,292 | € -352,090 | € -403,677 | € -424,077 | ▼ € 20,400 |
| Total debts | € 641,826 | € 562,808 | € 514,788 | € 507,145 | ▼ 1% |
| Cash | € 19,362 | € 6,449 | € 2,186 | € 3,072 | ▲ 41% |
| Land & buildings | € 18,015 | € 10,136 | € 0 | - | |
| Retained profit | € -336,892 | € -370,690 | € -422,277 | € -442,677 | ▼ € 20,400 |
| Bank debt | € 0 | € 0 | € 1 | € 0 | ▼ 100% |
| Balance sheet total | € 323,534 | € 210,718 | € 111,111 | € 83,069 | ▼ 25% |
Key figures of CORBEL, 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 CORBEL?
What happened at CORBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,400. Source: NBB ↗
- New establishment in Erpe-Mere. KBO
- Karine Van de Velde became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,816 loss in 2022 to € 20,400 loss in 2025.
Paid € 575 in corporate taxes since 2022.
Management
Behind CORBEL is Karine Van de Velde.
Directors
According to the 2025 annual accounts
Karine Van de Velde
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Sint-Apolloniastraat 30
9420 Erpe-Mere
Zwarte Zustersstraat 3
9300 Aalst
Active since 4 September 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.578.779
- VAT number
- BE 0426.578.779
- Registered office
- Sint-Apolloniastraat 30, 9420 Erpe-Mere
- Names & denominations
- CORBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1984
- Peppol
- Active · Active since 8 Apr 2025
- Activities · NACE
Detailhandel in onderkleding, lingerie en strand- en badkleding
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen
Detailhandel in onderkleding, lingerie, strand- en badkleding