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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KORENMARKT 16 from Lochristi, company number BE0432035129, closed financial year 2025 with a result of € 91,194 after tax. For that financial year KORENMARKT 16 recorded a gross margin of € 1.1 million and equity of € -840,018. Compared with financial year 2024, the result moved from € -167,424 to € 91,194. 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 May 11, 2026.
€ -840,018
▲ € 91,194 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,194
▲ still € 167,424 loss in 2024
Profit after tax over the fiscal year.
€ 99,053
▲ € 86,660 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 € -904,518.
People and assets in 2025
€ 5,585
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.6 million
▼ 3% vs 2024
€ 449,237 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 138,110
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39
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 | € 591,378 | € 852,478 | € 910,095 | € 1,067,526 | ▲ 17% |
| Profit after taxes | € -193,974 | € -168,983 | € -167,424 | € 91,194 | ▲ € 258,618 |
| Equity | € -594,805 | € -763,788 | € -931,212 | € -840,018 | ▲ € 91,194 |
| Total debts | € 14,016,268 | € 13,699,858 | € 13,341,238 | € 12,754,643 | ▼ 4% |
| Cash | € 105,326 | € 12,035 | € 12,393 | € 99,053 | ▲ € 86,660 |
| Land & buildings | € 12,548,947 | € 12,167,402 | € 11,725,826 | € 11,281,247 | ▼ 4% |
| Retained profit | € -659,305 | € -828,288 | € -995,712 | € -904,518 | ▲ € 91,194 |
| Bank debt | € 13,745,756 | € 13,353,158 | € 12,980,440 | € 12,557,087 | ▼ 3% |
| Balance sheet total | € 13,421,463 | € 12,936,070 | € 12,410,026 | € 11,914,625 | ▼ 4% |
Key figures of KORENMARKT 16, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to KORENMARKT 16?
What happened at KORENMARKT 16 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,194. Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Lochristi. KBO
- Start of the company according to the CBE. KBO
In short
From € 193,974 loss in 2022 to € 91,194 profit in 2025.
Paid € 2 in corporate taxes since 2022.
Best year ever: 2025, with € 91,194 profit.
Establishments
Establishment units
Physical locations of this company
Dekenijstraat 36
9080 Lochristi
Korenmarkt 16
9000 Gent
Active since 6 May 2017
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 →Port Office Park
€ 435,881 gross margin · 2025
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€ -20,542 gross margin · 2025
Settle
€ 7,420 gross margin · 2025
GRASLEI 15
€ -11,369 gross margin · 2025
Jonas Dhaenens
+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
- 0432.035.129
- VAT number
- BE 0432.035.129
- Registered office
- Dekenijstraat 36, 9080 Lochristi
- Names & denominations
- KORENMARKT 16
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 1987
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Handel in eigen onroerend goed
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis