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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE KORENAAR from Olen, company number BE0461133446, closed financial year 2025 with a result of € -32,836 after tax. For that financial year DE KORENAAR recorded a gross margin of € 156,902 and equity of € -28,303. Compared with financial year 2024, the result moved from € -47,032 to € -32,836. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -28,303
▼ € 32,836 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,836
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 511
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,895.
People and assets in 2025
€ 156,443
▼ 19% 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.
€ 7,093
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,200
▲ € 6,306 vs 2024
Loans from banks and other lenders, long and short.
€ 27,620
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,246
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 164,490 | € 195,122 | € 174,821 | € 156,902 | ▼ 10% |
| Profit after taxes | € 10,854 | € 3,709 | € -47,032 | € -32,836 | ▲ € 14,195 |
| Equity | € 47,856 | € 51,565 | € 4,533 | € -28,303 | ▼ € 32,836 |
| Total debts | € 48,646 | € 50,102 | € 64,887 | € 81,225 | ▲ 25% |
| Cash | € 39,373 | € 21,337 | € 10,971 | € 511 | ▼ 95% |
| Retained profit | € 29,264 | € 32,973 | € -14,059 | € -46,895 | ▼ € 32,836 |
| Bank debt | € 0 | € 508 | € 894 | € 7,200 | ▲ € 6,306 |
| Balance sheet total | € 96,503 | € 101,667 | € 69,420 | € 52,922 | ▼ 24% |
Key figures of DE KORENAAR, 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 DE KORENAAR?
What happened at DE KORENAAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,836. Source: NBB ↗
- Danny GEERAERTS became a director. NBB
- Ivan VERSWEYVELD became a director. NBB
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,854 profit in 2022 to € 32,836 loss in 2025.
Paid € 3,618 in corporate taxes since 2022.
Best year ever: 2022, with € 10,854 profit.
Management
Behind DE KORENAAR are Danny GEERAERTS and Ivan VERSWEYVELD.
Directors
According to the 2025 annual accounts
Danny GEERAERTS
Director
since 2023
Ivan VERSWEYVELD
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hezewijk 80
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.133.446
- VAT number
- BE 0461.133.446
- Registered office
- Hezewijk 80, 2250 Olen
- Names & denominations
- DE KORENAAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1997
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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