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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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CORGA from Zaventem, company number BE0430256564, closed financial year 2025 with a result of € 15,504 after tax. For that financial year CORGA recorded a gross margin of € 17,601 and equity of € -55,673. Compared with financial year 2024, the result moved from € 15,025 to € 15,504. Profitable, and profit is growing. 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 November 28, 2025.
€ -55,673
▲ € 15,504 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,504
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 41,670
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -74,265.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 74,000
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 1,115
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,927
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 | € 23,884 | € 12,438 | € 17,795 | € 17,601 | ▼ 1% |
| Profit after taxes | € 22,006 | € 10,025 | € 15,025 | € 15,504 | ▲ 3% |
| Equity | € -96,227 | € -86,202 | € -71,177 | € -55,673 | ▲ € 15,504 |
| Total debts | € 133,639 | € 120,757 | € 105,014 | € 105,665 | ▲ 1% |
| Cash | € 14,017 | € 15,011 | € 28,214 | € 41,670 | ▲ 48% |
| Retained profit | € -114,819 | € -104,794 | € -89,769 | € -74,265 | ▲ € 15,504 |
| Bank debt | € 110,000 | € 98,000 | € 86,000 | € 74,000 | ▼ 14% |
| Balance sheet total | € 37,412 | € 34,555 | € 33,837 | € 49,992 | ▲ 48% |
Key figures of CORGA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 1 November 2026.
What happened to CORGA?
What happened at CORGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,504 (▲ 3% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 22,006 profit in 2022 to € 15,504 profit in 2025.
Best year ever: 2022, with € 22,006 profit.
Management
Behind CORGA is Michel Coelenbier. Michel Coelenbier is also behind OMNIFINANCE, SQUARE MILE and Bfiscally.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 510 box 10
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →Fédération Royale des Cercles Philatéliques de Belgique-Koninklijke Landsbond der Belgische Postzegelkringen
SFP-De Koerier
OMNIFINANCE same network
€ 5,612 gross margin · 2025
COMPUTER IDENTICS
COMET
€ -21,782 gross margin · 2025
+70 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
- 0430.256.564
- VAT number
- BE 0430.256.564
- Registered office
- Leuvensesteenweg 510 bus 10, 1930 Zaventem
- Names & denominations
- CORGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1986
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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