Financials
Financial year 2025
CORSA from Middelkerke, company number BE0441639911, closed financial year 2025 with a result of € -5,116 after tax. For that financial year CORSA recorded a gross margin of € 3,506 and equity of € 594,436. Compared with financial year 2024, the result moved from € 286,515 to € -5,116. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 594,436
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,116
▼ still € 286,515 profit in 2024
Profit after tax over the fiscal year.
€ 31,996
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 474,436.
People and assets in 2025
€ 2,199
▼ 55% vs 2024
Of which on lease € 2,199.
Debts at end 2025
€ 93,738
▼ 26% vs 2024
€ 23,998 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,352
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,062
▼ 37% vs 2024
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 | € 78,636 | € 67,287 | € 461,720 | € 3,506 | ▼ 99% |
| Profit after taxes | € 19,878 | € 11,673 | € 286,515 | € -5,116 | ▼ € 291,631 |
| Equity | € 303,030 | € 314,703 | € 599,552 | € 594,436 | ▼ 1% |
| Total debts | € 318,399 | € 310,499 | € 168,179 | € 119,152 | ▼ 29% |
| Cash | € 23,041 | € 27,427 | € 60,495 | € 31,996 | ▼ 47% |
| Land & buildings | € 555,182 | € 547,602 | € 504,378 | € 491,767 | ▼ 3% |
| Retained profit | € 183,030 | € 194,703 | € 479,552 | € 474,436 | ▼ 1% |
| Dividend | € 0 | € 0 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 260,844 | € 245,064 | € 126,424 | € 93,738 | ▼ 26% |
| Balance sheet total | € 688,592 | € 690,199 | € 830,563 | € 774,254 | ▼ 7% |
By gross margin, CORSA ranks 34th of 36 companies with main activity “Activiteiten van eetgelegenheden met volledige bediening” in Middelkerke that publish figures (fiscal year 2025).
Key figures of CORSA, 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.
Ask about CORSA the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to CORSA?
What happened at CORSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,116 (▼ € 291,631 vs 2024). filed late Source: NBB ↗
- Angelique Coussens became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
- Johan Sabbe became a director. NBB
In short
From € 19,878 profit in 2022 to € 5,116 loss in 2025.
Paid € 167,002 in corporate taxes since 2022.
Best year ever: 2024, with € 286,515 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind CORSA are Johan Sabbe and Angelique Coussens.
Directors
According to the 2025 annual accounts
Johan Sabbe
Manager
since 1990
Angelique Coussens
Manager
since 2001
Establishments
Establishment units
Physical locations of this company
Hooilandstraat 31
8434 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0441.639.911
- VAT number
- BE 0441.639.911
- Registered office
- Hooilandstraat 31, 8434 Middelkerke
- Names & denominations
- CORSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1990
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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