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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COREDO from Stabroek, company number BE0667835003, closed financial year 2025 with a result of € 34 after tax. For that financial year COREDO recorded a gross margin of € 102,374 and equity of € 38,347. Compared with financial year 2024, the result moved from € 349 to € 34. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 38,347
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 14
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 18,847.
People and assets in 2025
€ 26,716
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 776,948
▲ 11% vs 2024
€ 56,833 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 32,805
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,672
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,237 | € 111,002 | € 93,089 | € 102,374 | ▲ 10% |
| Profit after taxes | € 63,526 | € 1,076 | € 349 | € 34 | ▼ 90% |
| Equity | € 36,888 | € 37,964 | € 38,313 | € 38,347 | |
| Total debts | € 295,514 | € 882,219 | € 881,650 | € 912,492 | ▲ 3% |
| Cash | € 4,634 | € 3,181 | € 77 | € 14 | ▼ 81% |
| Land & buildings | - | € 720,173 | € 702,029 | € 789,681 | ▲ 12% |
| Retained profit | € 17,388 | € 18,464 | € 18,813 | € 18,847 | |
| Bank debt | € 135,000 | € 732,687 | € 697,284 | € 776,948 | ▲ 11% |
| Balance sheet total | € 332,402 | € 920,183 | € 919,963 | € 950,838 | ▲ 3% |
Key figures of COREDO, 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 COREDO?
What happened at COREDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34 (▼ 90% vs 2024). filed late Source: NBB ↗
- New establishment in Stabroek. KBO
- New establishment in Stabroek. KBO
- Tom Maes became a director. NBB
- Marcus Maes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 63,526 profit in 2022 to € 34 profit in 2025.
Paid € 8,908 in corporate taxes since 2022.
Best year ever: 2022, with € 63,526 profit.
Management
Behind COREDO are Tom Maes, Marcus Maes and Francois Keymis. Marcus Maes is also behind Bomaes.
Directors
According to the 2025 annual accounts
Tom Maes
Director
since 2016
since 2016
Francois Keymis
Director
Establishments
Establishment units
Physical locations of this company
Grote Molenweg 212
2940 Stabroek
Grote Molenweg 184-188
2940 Stabroek
Active since 19 December 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
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Hosting & Email
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Website info
Features
Security
Network
Details
- Company number
- 0667.835.003
- VAT number
- BE 0667.835.003
- Registered office
- Grote Molenweg 212, 2940 Stabroek
- Names & denominations
- COREDO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2016
- Peppol
- Active · Active since 22 Mar 2025
- Contact
- coredo.be
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