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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CORD from Kuurne, company number BE0628852285, closed financial year 2025 with a result of € 6,517 after tax. For that financial year CORD recorded a gross margin of € 8,339 and equity of € -21,133. Compared with financial year 2024, the result moved from € -12,894 to € 6,517. 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 August 28, 2026.
€ -21,133
▲ € 6,517 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,517
▲ still € 12,894 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -27,333.
Debts at end 2025
€ 4,834
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 94,024
▲ € 91,680 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -43,398 | € 6,960 | € -10,949 | € 8,339 | ▲ € 19,288 |
| Profit after taxes | € -50,998 | € 5,150 | € -12,894 | € 6,517 | ▲ € 19,411 |
| Equity | € -19,907 | € -14,757 | € -27,650 | € -21,133 | ▲ € 6,517 |
| Total debts | € 141,477 | € 16,543 | € 28,163 | € 208,977 | ▲ € 180,813 |
| Cash | € 1,656 | € 324 | € 0 | - | |
| Retained profit | € -26,107 | € -20,957 | € -33,850 | € -27,333 | ▲ € 6,517 |
| Bank debt | € 12,141 | € 0 | € 4,678 | € 4,834 | ▲ 3% |
| Balance sheet total | € 121,570 | € 1,786 | € 513 | € 187,844 | ▲ € 187,330 |
Key figures of CORD, 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 CORD?
What happened at CORD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,517. filed late Source: NBB ↗
- B-KY BV became a director. NBB
- MAD FOX BV became a director. NBB
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,998 loss in 2022 to € 6,517 profit in 2025.
Paid € 223 in corporate taxes since 2022.
Best year ever: 2025, with € 6,517 profit.
Management
The stake of TOSS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORDBehind CORD are B-KY BV and MAD FOX BV. The shares are held by TOSS (100%).
Directors
According to the 2025 annual accounts
Director · represented by GLENN BEECKMANS
Also active at: PROVOOST GEBROEDERS, VANCOILLIE INTERIORS, T.P.M., WATERPAS, Dagobert Holding, JAN ZONDER LAND, Duckstad, TULEBUG +2 more
since 2025
Director · represented by STEVEN MESTDAGH
Also active at: POXYTEC, NU FLOW BELGIUM, SPANLUX, Commorreal Estate, CMI, Commorreal Construct, OMNIPOWER
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Katriensteenweg 69
8520 Kuurne
Dragonderdreef 1
8570 Anzegem
Active since 24 April 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →PROVOOST GEBROEDERS same network
€ 1.6 million gross margin · 2025
Dagobert Holding same network
€ -8,479 gross margin · 2025
JAN ZONDER LAND same network
€ -37,587 gross margin · 2025
Duckstad same network
€ -1,689 gross margin · 2025
TULEBUG same network
€ 50,523 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0628.852.285
- VAT number
- BE 0628.852.285
- Registered office
- Sint-Katriensteenweg 69, 8520 Kuurne
- Names & denominations
- CORD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Schrijnwerk
Algemene bouw van residentiële gebouwen