Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cordesa Belgium from Elsene, company number BE0460754651, closed financial year 2025 with a result of € -1,834 after tax. For that financial year Cordesa Belgium recorded a gross margin of € 4,168 and equity of € 11,692. Compared with financial year 2024, the result moved from € -7,561 to € -1,834. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 11,692
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,834
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,071.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 37,748
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 75,489
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 176
▼ 41% 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 | € 10,133 | € 17,336 | € -1,919 | € 4,168 | ▲ € 6,088 |
| Profit after taxes | € 7,269 | € 10,721 | € -7,561 | € -1,834 | ▲ € 5,726 |
| Equity | € 10,366 | € 21,087 | € 13,526 | € 11,692 | ▼ 14% |
| Total debts | € 135,892 | € 157,678 | € 175,966 | € 203,758 | ▲ 16% |
| Retained profit | € -76,397 | € -65,676 | € -73,236 | € -75,071 | ▼ € 1,834 |
| Bank debt | € 37,074 | € 36,834 | € 38,125 | € 37,748 | ▼ 1% |
| Balance sheet total | € 146,259 | € 178,765 | € 189,492 | € 215,450 | ▲ 14% |
Key figures of Cordesa Belgium, 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 Cordesa Belgium?
What happened at Cordesa Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,834. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Patrick ORREGO KLUYSKENS became a director. NBB
In short
From € 7,269 profit in 2022 to € 1,834 loss in 2025.
Paid € 176 in corporate taxes since 2022.
Best year ever: 2023, with € 10,721 profit.
Management
Behind Cordesa Belgium is Patrick ORREGO KLUYSKENS. Patrick ORREGO KLUYSKENS is also behind LIVING ARCHITECTURE.
Directors
According to the 2025 annual accounts
since 1997
Establishments
Establishment units
Physical locations of this company
Ernestinelaan 2 box 15
1050 Elsene
Alsembergsesteenweg 545
1180 Ukkel
Active since 5 June 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →LIVING CAPITAL
€ 62,582 gross margin · 2024
FELIS et PARTNERS
€ 170,921 gross margin · 2025
CABINET DENTAIRE DE L'ETOILE - PHILIPPE AUBRY
€ 48,342 gross margin · 2025
LIVING DEVELOPMENT
€ 137,038 gross margin · 2024
Assinie
€ -29,114 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.754.651
- VAT number
- BE 0460.754.651
- Registered office
- Ernestinelaan 2 bus 15, 1050 Elsene
- Names & denominations
- Cordesa Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 1997
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Groothandel in koffie, thee, cacao en specerijen