Financials
Financial year 2025
Les Frères CORMAN from Thuin, company number BE0753614774, closed financial year 2025 with a result of € 42,245 after tax. For that financial year Les Frères CORMAN recorded revenue of € 239,378 and equity of € 63,283. Compared with financial year 2024, the result moved from € -450 to € 42,245. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ 63,283
▲ 201% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,245
▲ still € 450 loss in 2024
Profit after tax over the fiscal year.
€ 21,166
▲ 90% 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 € 43,283.
People and assets in 2025
€ 19,387
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,529
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 91,821
▲ € 78,964 vs 2024
€ 18,464 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 56,804
Supplier invoices still open on the last day of the fiscal year.
€ 14,137
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 37,170 | € 30,232 | € 239,378 | ▲ € 209,147 |
| Gross margin | € 12,832 | € 8,680 | € 8,788 | € 91,558 | ▲ € 82,770 |
| Profit after taxes | € 3,601 | € -1,043 | € -450 | € 42,245 | ▲ € 42,694 |
| Equity | € 22,531 | € 21,488 | € 21,038 | € 63,283 | ▲ 201% |
| Total debts | € 21,821 | € 19,029 | € 13,020 | € 177,992 | ▲ € 164,972 |
| Cash | € 6,113 | € 7,069 | € 11,143 | € 21,166 | ▲ 90% |
| Land & buildings | € 2,483 | € 1,940 | € 1,397 | € 854 | ▼ 39% |
| Retained profit | € 2,531 | € 1,488 | € 1,038 | € 43,283 | ▲ € 42,245 |
| Bank debt | € 21,429 | € 17,143 | € 12,857 | € 91,821 | ▲ € 78,964 |
| Balance sheet total | € 44,352 | € 40,516 | € 34,058 | € 241,275 | ▲ € 207,217 |
Key figures of Les Frères CORMAN, 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 Les Frères CORMAN?
What happened at Les Frères CORMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,245. Source: NBB ↗
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,601 profit in 2022 to € 42,245 profit in 2025.
Paid € 12,325 in corporate taxes since 2022.
Best year ever: 2025, with € 42,245 profit.
Establishments
Establishment units
Physical locations of this company
Rue de Ragnies(BST) 53
6531 Thuin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0753.614.774
- VAT number
- BE 0753.614.774
- Registered office
- Rue de Ragnies(BST) 53, 6531 Thuin
- Names & denominations
- Les Frères CORMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2020
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- 071/59.10.63
- Activities · NACE
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