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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Shrinking team NBB
FTE fell two years in a row, from 8.8 to 7.3.
Financials
Financial year 2025
DE KORENAAR from Lanaken, company number BE0433269997, closed financial year 2025 with a result of € 56,073 after tax. For that financial year DE KORENAAR recorded a gross margin of € 457,582 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 10,128 to € 56,073. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 1.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,073
▲ € 45,945 vs 2024
Profit after tax over the fiscal year.
€ 974,446
▲ 4% 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 € 1.1 million.
People and assets in 2025
7.3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 343,261
▼ 8% vs 2024
€ 47,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,083
▲ € 6,003 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 68,451
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 68,724
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 558,795 | € 471,035 | € 439,068 | € 457,582 | ▲ 4% |
| Profit after taxes | € 100,821 | € 12,849 | € 10,128 | € 56,073 | ▲ € 45,945 |
| Equity | € 1,061,271 | € 1,074,120 | € 1,084,248 | € 1,140,321 | ▲ 5% |
| Total debts | € 145,134 | € 200,556 | € 165,138 | € 147,608 | ▼ 11% |
| Cash | € 903,837 | € 944,550 | € 933,089 | € 974,446 | ▲ 4% |
| Retained profit | € 988,166 | € 1,001,015 | € 1,011,143 | € 1,067,216 | ▲ 6% |
| Balance sheet total | € 1,213,346 | € 1,281,617 | € 1,256,327 | € 1,294,870 | ▲ 3% |
| Employees (FTE) | 8.8 | 8.8 | 7.7 | 7.3 | ▼ 0.4 |
Key figures of DE KORENAAR, 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 DE KORENAAR?
What happened at DE KORENAAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,073 (▲ € 45,945 vs 2024). Source: NBB ↗
- New establishment in Genk. KBO
- New establishment in Zutendaal. KBO
- New establishment in Maasmechelen. KBO
- New establishment in Maasmechelen. KBO
- New establishment in Lanaken. KBO
- New establishment in Lanaken. KBO
- New establishment in Lanaken. KBO
In short
From € 100,821 profit in 2022 to € 56,073 profit in 2025.
Paid € 63,626 in corporate taxes since 2022.
Best year ever: 2022, with € 100,821 profit.
On average € 62,700 of value added per employee in 2025.
Management
Behind DE KORENAAR are Jules Milissen, Monda Stouten, Erwin Milissen and Jos Milissen. The same people are also behind ERJO.
Establishments
Establishment units
Physical locations of this company
Industrieweg 50
3620 Lanaken
Populierenlaan 27
3621 Lanaken
Active since 17 February 1988
Winkelstraat 14
3620 Lanaken
Active since 17 February 1988
Pauwengraaf(E) 72
3630 Maasmechelen
Active since 18 February 1988
Deken Bernardstraat(M) 2
3630 Maasmechelen
Active since 6 December 1999
Hoogstraat 133
3690 Zutendaal
Active since 7 July 2003
Hoogstraat 37
3600 Genk
Active since 1 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.269.997
- VAT number
- BE 0433.269.997
- Registered office
- Industrieweg 50, 3620 Lanaken
- Names & denominations
- DE KORENAAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1988
- Peppol
- Active · Active since 5 Mar 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen
Industriële vervaardiging van brood en van vers banketbakkerswerk
Industriële bakkerijen
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Eetgelegenheden met volledige bediening