Correl is a plasterer in Gent. Private Limited, started on 24 April 2013, 1 establishment.

What is the address of Correl?

The registered office of Correl is located at Aannemersstraat 120, 9040 Gent.

Is Correl still active?

Yes. According to the CBE (2 November 2026) Correl is active, legal situation “Normale toestand”, started on 24 April 2013.

Is Correl registered on Peppol?

Yes, Correl is registered on the Peppol network with ID 0208:0533796443.

What is the enterprise number of Correl?

The enterprise number of Correl is BE0533796443.

When was Correl founded?

Correl was founded on 24 April 2013.

Who are the directors of Correl?

According to the 2025 annual accounts, the directors of Correl are: Hortela.

Is Correl a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 April 2013; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Correl make in 2025?

Correl posted a profit after taxes of € 52,309 in financial year 2025.

What is the revenue of Correl?

As a small company, Correl is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 60,926.

Correl (Private Limited) - Gent - BE0533796443

Dossier Correl, printed on 2 November 2026 from databakkes.be/en/0533796443/correl. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Correl from Gent, company number BE0533796443, closed financial year 2025 with a result of € 52,309 after tax. For that financial year Correl recorded a gross margin of € 60,926 and equity of € 50,472. Compared with financial year 2024, the result moved from € 76,937 to € 52,309. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Growing

€ 50,472

▲ 3% vs 2024

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

Profit Healthy

€ 52,309

▼ 32% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,167

▼ 21% vs 2024

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

Where the profit goes Pays out

€ 50,970 paid out

97 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 879

▼ 46% 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

€ 21,704

▲ 181% vs 2024

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

Taxes

€ 947

▼ 93% 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	€ 51,014 Gross margin 2022: € 51,014 First fiscal year in the series	€ 15,728 Gross margin 2023: € 15,728 ▼ 69% vs 2022 (€ 51,014) Unfavourable step	€ 87,734 Gross margin 2024: € 87,734 ▲ € 72,006 vs 2023 (€ 15,728) Favourable step	€ 60,926 Gross margin 2025: € 60,926 ▼ 31% vs 2024 (€ 87,734) Unfavourable step	▼ 31%
Profit after taxes	€ 42,066 Profit after taxes 2022: € 42,066 First fiscal year in the series	€ 6,045 Profit after taxes 2023: € 6,045 ▼ 86% vs 2022 (€ 42,066) Unfavourable step	€ 76,937 Profit after taxes 2024: € 76,937 ▲ € 70,892 vs 2023 (€ 6,045) Favourable step	€ 52,309 Profit after taxes 2025: € 52,309 ▼ 32% vs 2024 (€ 76,937) Unfavourable step	▼ 32%
Equity	€ 135,141 Equity 2022: € 135,141 First fiscal year in the series	€ 140,353 Equity 2023: € 140,353 ▲ 4% vs 2022 (€ 135,141) Favourable step	€ 49,133 Equity 2024: € 49,133 ▼ 65% vs 2023 (€ 140,353) Unfavourable step	€ 50,472 Equity 2025: € 50,472 ▲ 3% vs 2024 (€ 49,133) Favourable step	▲ 3%
Total debts	€ 93,679 Total debts 2022: € 93,679 First fiscal year in the series	€ 79,483 Total debts 2023: € 79,483 ▼ 15% vs 2022 (€ 93,679) Favourable step	€ 173,607 Total debts 2024: € 173,607 ▲ 118% vs 2023 (€ 79,483) Unfavourable step	€ 154,150 Total debts 2025: € 154,150 ▼ 11% vs 2024 (€ 173,607) Favourable step	▼ 11%
Cash	€ 32,285 Cash 2022: € 32,285 First fiscal year in the series	€ 47,592 Cash 2023: € 47,592 ▲ 47% vs 2022 (€ 32,285) Favourable step	€ 94,853 Cash 2024: € 94,853 ▲ 99% vs 2023 (€ 47,592) Favourable step	€ 75,167 Cash 2025: € 75,167 ▼ 21% vs 2024 (€ 94,853) Unfavourable step	▼ 21%
Retained profit	€ 128,941 Retained profit 2022: € 128,941 First fiscal year in the series	€ 134,153 Retained profit 2023: € 134,153 ▲ 4% vs 2022 (€ 128,941) Favourable step	€ 42,933 Retained profit 2024: € 42,933 ▼ 68% vs 2023 (€ 134,153) Unfavourable step	€ 44,272 Retained profit 2025: € 44,272 ▲ 3% vs 2024 (€ 42,933) Favourable step	▲ 3%
Dividend	€ 35,800 Dividend 2022: € 35,800 First fiscal year in the series	€ 833 Dividend 2023: € 833 ▼ 98% vs 2022 (€ 35,800) Unchanged	€ 168,157 Dividend 2024: € 168,157 ▲ € 167,324 vs 2023 (€ 833) Unchanged	€ 50,970 Dividend 2025: € 50,970 ▼ 70% vs 2024 (€ 168,157) Unchanged	▼ 70%
Balance sheet total	€ 228,820 Balance sheet total 2022: € 228,820 First fiscal year in the series	€ 219,836 Balance sheet total 2023: € 219,836 ▼ 4% vs 2022 (€ 228,820) Unchanged	€ 222,740 Balance sheet total 2024: € 222,740 ▲ 1% vs 2023 (€ 219,836) Unchanged	€ 204,622 Balance sheet total 2025: € 204,622 ▼ 8% vs 2024 (€ 222,740) Unchanged	▼ 8%

Key figures of Correl, 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 Correl?

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

Jun 16, 2026 New annual accounts for financial year 2025: profit of € 52,309 (▼ 32% vs 2024). Source: NBB ↗
2020 Hortela became a director. NBB
Apr 30, 2013 New establishment in Gent. KBO
Apr 24, 2013 Start of the company according to the CBE. KBO

In short

From € 42,066 profit in 2022 to € 52,309 profit in 2025.

Paid € 15,920 in corporate taxes since 2022.

Best year ever: 2024, with € 76,937 profit.

Paid out € 255,760 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Hortela

Correl

Behind Correl is Hortela.

Directors

According to the 2025 annual accounts

Hortela

Director · represented by Wim Coucke

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Aannemersstraat 120

9040 Gent

2.219.059.595

Burggravenlaan 322

9000 Gent

Active since 30 April 2013

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 →

VERNAEVE JULIEN & VICTOR GEBR

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

Details

Company number: 0533.796.443
VAT number: BE 0533.796.443
Registered office: Aannemersstraat 120, 9040 Gent
Names & denominations: Correl
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 24 April 2013
Peppol: Active · Active since 22 Dec 2025
Activities · NACE: Stukadoorswerk

View on CBE Public ↗ Annual accounts (NBB) ↗