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.
Financials
Financial year 2025
CORE SYSTEMS from Gent, company number BE0521871678, closed financial year 2025 with a result of € -12,276 after tax. For that financial year CORE SYSTEMS recorded a gross margin of € -9,142 and equity of € 2,674. Compared with financial year 2024, the result moved from € -20,843 to € -12,276. The company made a loss. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 2,674
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,276
▲ 41 % less loss than in 2024
Profit after tax over the fiscal year.
€ 21,020
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3,826.
People and assets in 2025
€ 13,668
▲ 222% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,000
Loans from banks and other lenders, long and short.
€ 57
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,290 | € -295,440 | € -16,962 | € -9,142 | ▲ € 7,820 |
| Profit after taxes | € 52,115 | € -303,858 | € -20,843 | € -12,276 | ▲ € 8,566 |
| Equity | € 339,651 | € 35,792 | € 14,950 | € 2,674 | ▼ 82% |
| Total debts | € 170,450 | € 37,204 | € 78,641 | € 59,606 | ▼ 24% |
| Cash | € 431,129 | € 8,111 | € 47,074 | € 21,020 | ▼ 55% |
| Retained profit | € 333,151 | € 29,292 | € 8,450 | € -3,826 | ▼ € 12,276 |
| Bank debt | € 1,174 | € 0 | € 45,000 | € 45,000 | |
| Balance sheet total | € 510,101 | € 72,996 | € 93,591 | € 62,280 | ▼ 33% |
Key figures of CORE SYSTEMS, 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 CORE SYSTEMS?
What happened at CORE SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,276. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,115 profit in 2022 to € 12,276 loss in 2025.
Paid € 21,025 in corporate taxes since 2022.
Best year ever: 2022, with € 52,115 profit.
Establishments
Establishment units
Physical locations of this company
Sint-Salvatorstraat 24
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0521.871.678
- VAT number
- BE 0521.871.678
- Registered office
- Sint-Salvatorstraat 24, 9000 Gent
- Names & denominations
- CORE SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2013
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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