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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CORALEX from Houthulst, company number BE0467249394, closed financial year 2025 with a result of € 68,211 after tax. For that financial year CORALEX recorded a gross margin of € 80,668 and equity of € -134,587. Compared with financial year 2024, the result moved from € 112 to € 68,211. Profitable, and profit is growing. 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 October 15, 2026.
€ -134,587
▲ € 68,211 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,211
▲ € 68,099 vs 2024
Profit after tax over the fiscal year.
€ 55,241
▲ € 54,695 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 € -153,179.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,019
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 716
▲ 66% 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 | € 1,334 | € 11,879 | € 7,161 | € 80,668 | ▲ € 73,507 |
| Profit after taxes | € -4,062 | € 5,761 | € 112 | € 68,211 | ▲ € 68,099 |
| Equity | € -208,670 | € -202,909 | € -202,797 | € -134,587 | ▲ € 68,211 |
| Total debts | € 246,356 | € 260,887 | € 239,463 | € 245,304 | ▲ 2% |
| Cash | € 3,164 | € 18,666 | € 546 | € 55,241 | ▲ € 54,695 |
| Land & buildings | € 18,871 | € 30,338 | € 27,525 | € 24,712 | ▼ 10% |
| Retained profit | € -248,762 | € -243,001 | € -221,389 | € -153,179 | ▲ € 68,211 |
| Balance sheet total | € 37,686 | € 57,978 | € 36,665 | € 110,717 | ▲ 202% |
Key figures of CORALEX, 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 CORALEX?
What happened at CORALEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,211 (▲ € 68,099 vs 2024). filed late Source: NBB ↗
- Willy Cornette became a director. NBB
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,062 loss in 2022 to € 68,211 profit in 2025.
Paid € 632 in corporate taxes since 2022.
Best year ever: 2025, with € 68,211 profit.
Management
Behind CORALEX is Willy Cornette.
Directors
According to the 2025 annual accounts
Willy Cornette
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Zuid Torhoutstraat 3 box A
8650 Houthulst
Zuid Torhoutstraat 3
8650 Houthulst
Active since 29 November 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.249.394
- VAT number
- BE 0467.249.394
- Registered office
- Zuid Torhoutstraat 3 bus A, 8650 Houthulst
- Names & denominations
- CORALEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 1999
- Peppol
- Active · Active since 1 Nov 2025
- Activities · NACE
Gemengd landbouwbedrijf
Gemengd bedrijf
Varkensvetmesterijen
Fokken en houden van melkvee
Pluimveehouderijen, muv kippenkwekerijen
Rundveehouderij
Overige pluimveehouderijen