Financials
Financial year 2025
KORN from Schilde, company number BE0450904401, closed financial year 2025 with a result of € 9,053 after tax. For that financial year KORN recorded a gross margin of € 56,623 and equity of € 618,339. Compared with financial year 2024, the result moved from € 66,244 to € 9,053. The company is profitable. 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 June 15, 2026.
€ 618,339
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,053
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 136,705
▼ 32% 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 € 556,339.
People and assets in 2025
€ 2,472
▲ € 2,064 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,707
▲ 271% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 313,724
▼ 16% vs 2024
€ 36,305 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1,690
▲ € 1,337 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,793
▼ 55% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 125,230 | € 114,542 | € 118,783 | € 56,623 | ▼ 52% |
| Profit after taxes | € 82,841 | € 67,213 | € 66,244 | € 9,053 | ▼ 86% |
| Equity | € 555,830 | € 583,043 | € 609,286 | € 618,339 | ▲ 1% |
| Total debts | € 503,163 | € 486,480 | € 473,371 | € 346,799 | ▼ 27% |
| Cash | € 173,034 | € 57,576 | € 202,446 | € 136,705 | ▼ 32% |
| Land & buildings | € 703,890 | € 688,248 | € 672,606 | € 656,964 | ▼ 2% |
| Retained profit | € 493,830 | € 521,043 | € 547,286 | € 556,339 | ▲ 2% |
| Dividend | € 35,000 | € 40,000 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 445,263 | € 408,644 | € 374,048 | € 313,724 | ▼ 16% |
| Balance sheet total | € 1,058,992 | € 1,069,523 | € 1,082,658 | € 965,138 | ▼ 11% |
Key figures of KORN, 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 KORN?
What happened at KORN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,053 (▼ 86% vs 2024). Source: NBB ↗
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,841 profit in 2022 to € 9,053 profit in 2025.
Paid € 44,504 in corporate taxes since 2022.
Best year ever: 2022, with € 82,841 profit.
Paid out € 115,000 in dividends to the owners in total.
A new publication or filing at KORN? We notify you, reason included.
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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
Behind KORN are Colette Korn and Mark Sels. Mark Sels is also behind M.P. INVEST and EMPE INVEST.
Directors
According to the 2025 annual accounts
Colette Korn
Director
Establishments
Establishment units
Physical locations of this company
Eksterdreef 9
2970 Schilde
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0450.904.401
- VAT number
- BE 0450.904.401
- Registered office
- Eksterdreef 9, 2970 Schilde
- Names & denominations
- KORN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1993
- Peppol
- Active · Active since 13 Dec 2024
- Contact
- korn.be
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis