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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CORDER from Kortrijk, company number BE0447888788, closed financial year 2025 with a result of € 10,176 after tax. For that financial year CORDER recorded a gross margin of € 66,623 and equity of € 352,830. Compared with financial year 2024, the result moved from € 33,281 to € 10,176. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 352,830
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,176
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 18,406
▼ 18% 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 € -19,170.
People and assets in 2025
€ 5,805
▼ 24% 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.
€ 132,044
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,112
▲ 195% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,307 | € 83,854 | € 89,420 | € 66,623 | ▼ 25% |
| Profit after taxes | € 39,261 | € 29,913 | € 33,281 | € 10,176 | ▼ 69% |
| Equity | € 279,460 | € 309,373 | € 342,654 | € 352,830 | ▲ 3% |
| Total debts | € 495,246 | € 594,935 | € 878,919 | € 934,570 | ▲ 6% |
| Cash | € 9,781 | € 58,417 | € 22,424 | € 18,406 | ▼ 18% |
| Land & buildings | € 645,798 | € 606,870 | € 581,780 | € 541,885 | ▼ 7% |
| Retained profit | € -92,540 | € -62,627 | € -29,346 | € -19,170 | ▲ € 10,176 |
| Balance sheet total | € 776,396 | € 905,767 | € 1,222,802 | € 1,288,399 | ▲ 5% |
Key figures of CORDER, 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 CORDER?
What happened at CORDER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,176 (▼ 69% vs 2024). Source: NBB ↗
- LUC DERUMEAUX became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,261 profit in 2022 to € 10,176 profit in 2025.
Best year ever: 2022, with € 39,261 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
LUC DERUMEAUX
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Albrecht Rodenbachlaan(Heu) 63
8501 Kortrijk
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
- 0447.888.788
- VAT number
- BE 0447.888.788
- Registered office
- Albrecht Rodenbachlaan(Heu) 63, 8501 Kortrijk
- Names & denominations
- CORDER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 1992
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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