Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 24.5 to 18.
Financials
Financial year 2025
CORDIER BE from Hasselt, company number BE0439804928, closed financial year 2025 with a result of € -2.3 million after tax. For that financial year CORDIER BE recorded a gross margin of € 1.9 million and equity of € 951,110. Compared with financial year 2024, the result moved from € -1.6 million to € -2.3 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 951,110
▲ 293% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.3 million
▼ 39 % more loss than in 2024
Profit after tax over the fiscal year.
€ 83,960
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.2 million.
People and assets in 2025
18
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 6% vs 2024
€ 102,600 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.
€ 56,859
▼ 20% 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.
€ 2.4 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 391,518
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,588,393 | € 10,934,596 | € 9,595,683 | - | |
| Gross margin | - | - | - | € 1,949,129 | |
| Profit after taxes | € -343,911 | € -1,234,084 | € -1,647,356 | € -2,290,640 | ▼ € 643,283 |
| Equity | € 1,123,189 | € -110,894 | € 241,750 | € 951,110 | ▲ 293% |
| Total debts | € 4,114,946 | € 4,397,029 | € 3,697,393 | € 4,573,664 | ▲ 24% |
| Cash | € 744,380 | € 383,378 | € 687,683 | € 83,960 | ▼ 88% |
| Retained profit | € 973,189 | € -260,894 | € -1,908,250 | € -4,198,890 | ▼ € 2.3 million |
| Balance sheet total | € 5,238,136 | € 4,286,135 | € 4,139,143 | € 6,123,541 | ▲ 48% |
| Employees (FTE) | 24.4 | 24.5 | 21.6 | 18 | ▼ 3.6 |
Key figures of CORDIER BE, 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 January 2027.
What happened to CORDIER BE?
What happened at CORDIER BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.3 million. filed late Source: NBB ↗
- CYRIL FAVEL became a director. NBB
- CHANTAL NANNINGA-BOSCH became a director. NBB
- MATHIEU DIENST stepped down as director. NBB
- CORDIER GROUP HOLDING BV became a director. NBB
- MATHIEU DIENST became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 343,911 loss in 2022 to € 2.3 million loss in 2025.
Paid € 20,246 in corporate taxes since 2022.
On average € 108,300 of value added per employee in 2025.
Management
Behind CORDIER BE are CYRIL FAVEL, CHANTAL NANNINGA-BOSCH and CORDIER GROUP HOLDING BV. The shares are held by CORDIER GROUP HOLDING BV (100%).
Directors
According to the 2025 annual accounts
CYRIL FAVEL
Director
since 2025
CHANTAL NANNINGA-BOSCH
Director
since 2025
Director · represented by BLANDINIERES THIERRY
since 2020
MATHIEU DIENST
Director
since 2020 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kempische steenweg 305 box 1.09
3500 Hasselt
Ekkelgaarden 6A
3500 Hasselt
Active since 14 April 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Marigold Europe
€ 18.8 million revenue · 2025
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€ 1.5 million gross margin · 2025
KISWE MOBILE
€ 612,383 gross margin · 2025
NEWPOINT PROFESSIONALS
€ 3 million gross margin · 2025
ODIN VENTURES
€ -23,842 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GTT-BACKBONE GTT, US
Website info
Features
Security
Details
- Company number
- 0439.804.928
- VAT number
- BE 0439.804.928
- Registered office
- Kempische steenweg 305 bus 1.09, 3500 Hasselt
- Names & denominations
- CORDIER BE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1990
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- cordier-wines.be
- Activities · NACE
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Vervaardiging van wijnen
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Groothandel in dranken, algemeen assortiment
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