What does CordoFin do?

CordoFin is an IT company in Merelbeke-Melle. Private Limited, started on 9 September 2019, 1 establishment.

What is the address of CordoFin?

The registered office of CordoFin is located at Driekoningenplein 3 box 102, 9820 Merelbeke-Melle.

Is CordoFin still active?

Yes. According to the CBE (30 October 2026) CordoFin is active, legal situation “Normale toestand”, started on 9 September 2019.

Is CordoFin registered on Peppol?

Yes, CordoFin is registered on the Peppol network with ID 0208:0733839444.

What is the enterprise number of CordoFin?

The enterprise number of CordoFin is BE0733839444.

When was CordoFin founded?

CordoFin was founded on 9 September 2019.

Who are the directors of CordoFin?

According to the 2025 annual accounts, the directors of CordoFin are: ISABELLE VERHOYE, MARNO VAN LIESHOUT.

Is CordoFin a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 September 2019; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CordoFin make in 2025?

CordoFin posted a profit after taxes of € 21,744 in financial year 2025.

What is the revenue of CordoFin?

As a small company, CordoFin is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 53,785.

CordoFin (Private Limited) - Merelbeke-Melle

Dossier CordoFin, printed on 30 October 2026 from databakkes.be/en/0733839444/cordofin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

CordoFin from Merelbeke-Melle, company number BE0733839444, closed financial year 2025 with a result of € 21,744 after tax. For that financial year CordoFin recorded a gross margin of € 53,785 and equity of € 21,830. Compared with financial year 2024, the result moved from € 5,191 to € 21,744. Profitable, and profit is growing. The buffer shrank hard: equity is 78 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.

What it is worth Shrank hard

€ 21,830

▼ 78% vs 2024

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

Profit Growing

€ 21,744

▲ € 16,554 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,218

▼ 79% vs 2024

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

Where the profit goes Pays out

€ 101,050 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 17,120

▼ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 15,548

▼ 40% vs 2024

€ 10,327 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1,815

▼ 6% vs 2024

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

Taxes

€ 9,392

▲ 271% 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	€ 116,923 Gross margin 2022: € 116,923 First fiscal year in the series	€ 27,134 Gross margin 2023: € 27,134 ▼ 77% vs 2022 (€ 116,923) Unfavourable step	€ 29,413 Gross margin 2024: € 29,413 ▲ 8% vs 2023 (€ 27,134) Favourable step	€ 53,785 Gross margin 2025: € 53,785 ▲ 83% vs 2024 (€ 29,413) Favourable step	▲ 83%
Profit after taxes	€ 92,252 Profit after taxes 2022: € 92,252 First fiscal year in the series	€ 9,335 Profit after taxes 2023: € 9,335 ▼ 90% vs 2022 (€ 92,252) Unfavourable step	€ 5,191 Profit after taxes 2024: € 5,191 ▼ 44% vs 2023 (€ 9,335) Unfavourable step	€ 21,744 Profit after taxes 2025: € 21,744 ▲ € 16,554 vs 2024 (€ 5,191) Favourable step	▲ € 16,554
Equity	€ 267,207 Equity 2022: € 267,207 First fiscal year in the series	€ 116,533 Equity 2023: € 116,533 ▼ 56% vs 2022 (€ 267,207) Unfavourable step	€ 101,135 Equity 2024: € 101,135 ▼ 13% vs 2023 (€ 116,533) Unfavourable step	€ 21,830 Equity 2025: € 21,830 ▼ 78% vs 2024 (€ 101,135) Unfavourable step	▼ 78%
Total debts	€ 101,380 Total debts 2022: € 101,380 First fiscal year in the series	€ 246,544 Total debts 2023: € 246,544 ▲ 143% vs 2022 (€ 101,380) Unfavourable step	€ 149,994 Total debts 2024: € 149,994 ▼ 39% vs 2023 (€ 246,544) Favourable step	€ 192,932 Total debts 2025: € 192,932 ▲ 29% vs 2024 (€ 149,994) Unfavourable step	▲ 29%
Cash	€ 142,173 Cash 2022: € 142,173 First fiscal year in the series	€ 4,662 Cash 2023: € 4,662 ▼ 97% vs 2022 (€ 142,173) Unfavourable step	€ 10,696 Cash 2024: € 10,696 ▲ 129% vs 2023 (€ 4,662) Favourable step	€ 2,218 Cash 2025: € 2,218 ▼ 79% vs 2024 (€ 10,696) Unfavourable step	▼ 79%
Land & buildings	€ 48,387 Land & buildings 2022: € 48,387 First fiscal year in the series	€ 165,825 Land & buildings 2023: € 165,825 ▲ 243% vs 2022 (€ 48,387) Unchanged	€ 183,115 Land & buildings 2024: € 183,115 ▲ 10% vs 2023 (€ 165,825) Unchanged	€ 174,999 Land & buildings 2025: € 174,999 ▼ 4% vs 2024 (€ 183,115) Unchanged	▼ 4%
Retained profit	€ 264,707 Retained profit 2022: € 264,707 First fiscal year in the series	€ 114,033 Retained profit 2023: € 114,033 ▼ 57% vs 2022 (€ 264,707) Unfavourable step	€ 98,635 Retained profit 2024: € 98,635 ▼ 14% vs 2023 (€ 114,033) Unfavourable step	€ 19,330 Retained profit 2025: € 19,330 ▼ 80% vs 2024 (€ 98,635) Unfavourable step	▼ 80%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 160,009 Dividend 2023: € 160,009 Unchanged (€ 0) Unchanged	€ 20,588 Dividend 2024: € 20,588 ▼ 87% vs 2023 (€ 160,009) Unchanged	€ 101,050 Dividend 2025: € 101,050 ▲ € 80,461 vs 2024 (€ 20,588) Unchanged	▲ € 80,461
Bank debt	€ 45,637 Bank debt 2022: € 45,637 First fiscal year in the series	€ 35,754 Bank debt 2023: € 35,754 ▼ 22% vs 2022 (€ 45,637) Favourable step	€ 25,725 Bank debt 2024: € 25,725 ▼ 28% vs 2023 (€ 35,754) Favourable step	€ 15,548 Bank debt 2025: € 15,548 ▼ 40% vs 2024 (€ 25,725) Favourable step	▼ 40%
Balance sheet total	€ 368,587 Balance sheet total 2022: € 368,587 First fiscal year in the series	€ 363,077 Balance sheet total 2023: € 363,077 ▼ 1% vs 2022 (€ 368,587) Unchanged	€ 251,129 Balance sheet total 2024: € 251,129 ▼ 31% vs 2023 (€ 363,077) Unchanged	€ 214,762 Balance sheet total 2025: € 214,762 ▼ 14% vs 2024 (€ 251,129) Unchanged	▼ 14%

Key figures of CordoFin, 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 CordoFin?

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

Jul 6, 2026 New annual accounts for financial year 2025: profit of € 21,744 (▲ € 16,554 vs 2024). Source: NBB ↗
Sep 9, 2019 New establishment in Merelbeke-Melle. KBO
2019 ISABELLE VERHOYE became a director. NBB
2019 MARNO VAN LIESHOUT became a director. NBB
Sep 9, 2019 Start of the company according to the CBE. KBO

In short

From € 92,252 profit in 2022 to € 21,744 profit in 2025.

Paid € 33,492 in corporate taxes since 2022.

Best year ever: 2022, with € 92,252 profit.

Paid out € 281,647 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ISABELLE VERHOYE MARNO VAN LIESHOUT

CordoFin

Dr. Marno van Lieshout

Behind CordoFin are ISABELLE VERHOYE and MARNO VAN LIESHOUT. MARNO VAN LIESHOUT is also behind Dr. Marno van Lieshout.

Directors

According to the 2025 annual accounts

ISABELLE VERHOYE

Director

since 2019

MARNO VAN LIESHOUT

Director

Also active at: Dr. Marno van Lieshout

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Driekoningenplein 3 box 102

9820 Merelbeke-Melle

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

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€ -697 gross margin · 2025

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€ 387,877 gross margin · 2025

Hades

Dr. Marno van Lieshout same network

€ 340,169 gross margin · 2025

MEDUSA

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

Details

Company number

0733.839.444

VAT number

BE 0733.839.444

Registered office

Driekoningenplein 3 bus 102, 9820 Merelbeke-Melle

Names & denominations

CordoFin

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 September 2019

Peppol

Active · Active since 22 Apr 2025

Contact

[email protected]

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

Activiteiten van holdings

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Overige vormen van onderwijs

Handel in eigen onroerend goed

Holdings

Diverse administratieve activiteiten ten behoeve van kantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

CordoFin

Warning lights

Financials

What happened to CordoFin?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions