Active · per the CBE, 29 October 2026

CORDIER

BE0439408614

Rechtspersoon Public limited company 1 establishment

CORDIER is a property company in Olen. Public Limited, started on 19 December 1989, 1 establishment.

Industrielaan 25, 2250 Olen

Active for

36 year, 10 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

CORDIER from Olen, company number BE0439408614, closed financial year 2025 with a result of € 123,573 after tax. For that financial year CORDIER recorded a gross margin of € 686,561 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 105,748 to € 123,573. 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 March 16, 2026.

What it is worth Growing

€ 2.9 million

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 123,573

▲ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 101,529

▲ 48% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.2 million.

People and assets in 2025

Vehicles and equipment

€ 35,539

▼ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 4.3 million

▼ 11% vs 2024

€ 532,596 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 2,745

▼ 90% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 62,439

▲ 58% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 579,860 € 638,263 € 641,370 € 686,561 ▲ 7%
Profit after taxes € 128,407 € 142,772 € 105,748 € 123,573 ▲ 17%
Equity € 2,553,582 € 2,696,353 € 2,802,101 € 2,923,559 ▲ 4%
Total debts € 5,447,145 € 5,069,678 € 4,928,453 € 4,419,892 ▼ 10%
Cash € 51,127 € 1,785 € 68,466 € 101,529 ▲ 48%
Land & buildings € 7,833,372 € 7,683,498 € 7,348,060 € 6,967,748 ▼ 5%
Retained profit € 759,882 € 923,416 € 1,049,928 € 1,194,264 ▲ 14%
Bank debt € 5,350,782 € 4,937,493 € 4,850,488 € 4,328,277 ▼ 11%
Balance sheet total € 8,000,726 € 7,766,031 € 7,730,554 € 7,343,450 ▼ 5%

Key figures of CORDIER, 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 April 2027.

What happened to CORDIER?

What happened at CORDIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Magical Chemical BV stepped down as director. NBB
  • Pieter Daeseleire stepped down as director. NBB
  • Herman Meynaerts stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 123,573 (▲ 17% vs 2024). Source: NBB ↗
  • Herman Meynaerts became a director. NBB
  • Magical Chemical BV became a director. NBB
  • Pieter Daeseleire became a director. NBB
  • New establishment in Olen. KBO

In short

From € 128,407 profit in 2022 to € 123,573 profit in 2025.

Paid € 213,638 in corporate taxes since 2022.

Best year ever: 2023, with € 142,772 profit.

Management

Directors

According to the 2025 annual accounts

Magical Chemical BV

Managing director · represented by Edward Verdult

since 2021 · until 2027

Pieter Daeseleire

Managing director

Also active at: PEVEHA Consultants, ARTEBEAU, LAVIC CONSULTING

since 2021 · until 2027

Herman Meynaerts

Managing director

Also active at: IMMOSENT, SENTOBEL, VM Vastgoed, M-invast, ARTEBELLE, ARTEBEAU, BISSER, Kleiveld +2 more

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 25

2250 Olen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0439.408.614
VAT number
BE 0439.408.614
Registered office
Industrielaan 25, 2250 Olen
Names & denominations
CORDIER
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
19 December 1989
Peppol
Active · Active since 19 May 2025
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Frequently asked questions

What does CORDIER do?
CORDIER is a property company in Olen. Public Limited, started on 19 December 1989, 1 establishment.
What is the address of CORDIER?
The registered office of CORDIER is located at Industrielaan 25, 2250 Olen.
Is CORDIER still active?
Yes. According to the CBE (29 October 2026) CORDIER is active, legal situation “Normale toestand”, started on 19 December 1989.
Is CORDIER registered on Peppol?
Yes, CORDIER is registered on the Peppol network with ID 0208:0439408614.
What is the enterprise number of CORDIER?
The enterprise number of CORDIER is BE0439408614.
When was CORDIER founded?
CORDIER was founded on 19 December 1989.