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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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Corest from Laarne, company number BE0567921538, closed financial year 2025 with a result of € 228,390 after tax. For that financial year Corest recorded a gross margin of € 363,361 and equity of € 124,458. Compared with financial year 2024, the result moved from € 127,605 to € 228,390. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 9, 2026.
€ 124,458
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 228,390
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 171,655
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 228,390 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 75,849
▲ € 62,263 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 603,883
▲ 5% vs 2024
€ 48,073 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1,656
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,278
▲ 39% 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 | € 115,402 | € 162,609 | € 207,065 | € 363,361 | ▲ 75% |
| Profit after taxes | € 63,426 | € 98,281 | € 127,605 | € 228,390 | ▲ 79% |
| Equity | € 77,393 | € 84,477 | € 124,458 | € 124,458 | |
| Total debts | € 320,838 | € 349,064 | € 775,316 | € 865,692 | ▲ 12% |
| Cash | € 73,014 | € 158,058 | € 122,368 | € 171,655 | ▲ 40% |
| Land & buildings | € 187,310 | € 180,083 | € 661,176 | € 695,435 | ▲ 5% |
| Retained profit | € 71,193 | € 65,877 | € 105,858 | € 105,858 | |
| Dividend | € 65,503 | € 103,597 | € 87,623 | € 228,390 | ▲ 161% |
| Bank debt | € 240,547 | € 214,265 | € 576,794 | € 603,883 | ▲ 5% |
| Balance sheet total | € 398,231 | € 433,541 | € 899,774 | € 990,150 | ▲ 10% |
Key figures of Corest, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Corest?
What happened at Corest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 228,390 (▲ 79% vs 2024). Source: NBB ↗
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
- Arnout Van Hoeke became a director. NBB
In short
From € 63,426 profit in 2022 to € 228,390 profit in 2025.
Paid € 146,328 in corporate taxes since 2022.
Best year ever: 2025, with € 228,390 profit.
Paid out € 485,113 in dividends to the owners in total.
Management
Behind Corest is Arnout Van Hoeke.
Directors
According to the 2025 annual accounts
Arnout Van Hoeke
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Bleekweg 1
9270 Laarne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0567.921.538
- VAT number
- BE 0567.921.538
- Registered office
- Bleekweg 1, 9270 Laarne
- Names & denominations
- Corest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2014
- Peppol
- Active · Active since 18 Nov 2025
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