What does CORRELATE do?

CORRELATE is a testing and inspection body in Putte. Private Limited, started on 25 May 2001, 1 establishment.

What is the address of CORRELATE?

The registered office of CORRELATE is located at Venstraat 24, 2580 Putte.

Is CORRELATE still active?

Yes. According to the CBE (29 October 2026) CORRELATE is active, legal situation “Normale toestand”, started on 25 May 2001.

Is CORRELATE registered on Peppol?

Yes, CORRELATE is registered on the Peppol network with ID 0208:0474886660.

What is the enterprise number of CORRELATE?

The enterprise number of CORRELATE is BE0474886660.

When was CORRELATE founded?

CORRELATE was founded on 25 May 2001.

Who are the directors of CORRELATE?

According to the 2025 annual accounts, the directors of CORRELATE are: Luc Schillemans.

Is CORRELATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 2001; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did CORRELATE make in 2025?

CORRELATE posted a profit after taxes of € 126,717 in financial year 2025.

What is the revenue of CORRELATE?

As a small company, CORRELATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 172,821.

CORRELATE (Private Limited) - Putte - BE0474886660

Dossier CORRELATE, printed on 29 October 2026 from databakkes.be/en/0474886660/correlate. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CORRELATE from Putte, company number BE0474886660, closed financial year 2025 with a result of € 126,717 after tax. For that financial year CORRELATE recorded a gross margin of € 172,821 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 139,598 to € 126,717. 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 July 24, 2026.

What it is worth Growing

€ 1.2 million

▲ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 126,717

▼ 9% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 390,995

▲ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.1 million.

People and assets in 2025

Vehicles and equipment

€ 61

▼ 50% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 218

▲ 136% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 54,728

▲ 127% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 116,828 Gross margin 2022: € 116,828 First fiscal year in the series	€ 153,038 Gross margin 2023: € 153,038 ▲ 31% vs 2022 (€ 116,828) Favourable step	€ 196,389 Gross margin 2024: € 196,389 ▲ 28% vs 2023 (€ 153,038) Favourable step	€ 172,821 Gross margin 2025: € 172,821 ▼ 12% vs 2024 (€ 196,389) Unfavourable step	▼ 12%
Profit after taxes	€ 81,189 Profit after taxes 2022: € 81,189 First fiscal year in the series	€ 106,252 Profit after taxes 2023: € 106,252 ▲ 31% vs 2022 (€ 81,189) Favourable step	€ 139,598 Profit after taxes 2024: € 139,598 ▲ 31% vs 2023 (€ 106,252) Favourable step	€ 126,717 Profit after taxes 2025: € 126,717 ▼ 9% vs 2024 (€ 139,598) Unfavourable step	▼ 9%
Equity	€ 793,270 Equity 2022: € 793,270 First fiscal year in the series	€ 899,523 Equity 2023: € 899,523 ▲ 13% vs 2022 (€ 793,270) Favourable step	€ 1,039,121 Equity 2024: € 1,039,121 ▲ 16% vs 2023 (€ 899,523) Favourable step	€ 1,165,837 Equity 2025: € 1,165,837 ▲ 12% vs 2024 (€ 1,039,121) Favourable step	▲ 12%
Total debts	€ 74,569 Total debts 2022: € 74,569 First fiscal year in the series	€ 62,921 Total debts 2023: € 62,921 ▼ 16% vs 2022 (€ 74,569) Favourable step	€ 68,939 Total debts 2024: € 68,939 ▲ 10% vs 2023 (€ 62,921) Unfavourable step	€ 116,673 Total debts 2025: € 116,673 ▲ 69% vs 2024 (€ 68,939) Unfavourable step	▲ 69%
Cash	€ 864,715 Cash 2022: € 864,715 First fiscal year in the series	€ 447,128 Cash 2023: € 447,128 ▼ 48% vs 2022 (€ 864,715) Unfavourable step	€ 248,197 Cash 2024: € 248,197 ▼ 44% vs 2023 (€ 447,128) Unfavourable step	€ 390,995 Cash 2025: € 390,995 ▲ 58% vs 2024 (€ 248,197) Favourable step	▲ 58%
Retained profit	€ 774,670 Retained profit 2022: € 774,670 First fiscal year in the series	€ 880,923 Retained profit 2023: € 880,923 ▲ 14% vs 2022 (€ 774,670) Favourable step	€ 1,020,521 Retained profit 2024: € 1,020,521 ▲ 16% vs 2023 (€ 880,923) Favourable step	€ 1,147,237 Retained profit 2025: € 1,147,237 ▲ 12% vs 2024 (€ 1,020,521) Favourable step	▲ 12%
Balance sheet total	€ 867,839 Balance sheet total 2022: € 867,839 First fiscal year in the series	€ 962,444 Balance sheet total 2023: € 962,444 ▲ 11% vs 2022 (€ 867,839) Unchanged	€ 1,108,060 Balance sheet total 2024: € 1,108,060 ▲ 15% vs 2023 (€ 962,444) Unchanged	€ 1,282,511 Balance sheet total 2025: € 1,282,511 ▲ 16% vs 2024 (€ 1,108,060) Unchanged	▲ 16%

Key figures of CORRELATE, 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 CORRELATE?

What happened at CORRELATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 24, 2026 New annual accounts for financial year 2025: profit of € 126,717 (▼ 9% vs 2024). Source: NBB ↗
Mar 18, 2002 New establishment in Putte. KBO
May 25, 2001 Start of the company according to the CBE. KBO

In short

From € 81,189 profit in 2022 to € 126,717 profit in 2025.

Paid € 186,873 in corporate taxes since 2022.

Best year ever: 2024, with € 139,598 profit.

Original PDFs at the National Bank ↗

Management

Luc Schillemans

CORRELATE

Behind CORRELATE is Luc Schillemans.

Directors

According to the 2025 annual accounts

Luc Schillemans

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Venstraat 24

2580 Putte

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0474.886.660

VAT number

BE 0474.886.660

Registered office

Venstraat 24, 2580 Putte

Names & denominations

CORRELATE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 May 2001

Peppol

Active · Active since 16 Oct 2025

Activities · NACE

Overige technische testen en toetsen

Technische testen en analyses

View on CBE Public ↗ Annual accounts (NBB) ↗

CORRELATE

Financials

What happened to CORRELATE?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions