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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIE KORAAL from Knokke-Heist, company number BE0759473673, closed financial year 2025 with a result of € -69,260 after tax. For that financial year CIE KORAAL recorded a gross margin of € -50,771 and equity of € -75,128. Compared with financial year 2024, the result moved from € -31,806 to € -69,260. The company made a loss. 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 September 24, 2026.
€ -75,128
▼ € 69,260 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -69,260
▼ 118 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,401
▲ € 5,323 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -80,128.
People and assets in 2025
€ 28,687
▲ € 27,800 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,282
▲ 243% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 197
▼ 82% 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 | € 10,815 | € 25,712 | € -16,627 | € -50,771 | ▼ € 34,143 |
| Profit after taxes | € -375 | € 8,443 | € -31,806 | € -69,260 | ▼ € 37,454 |
| Equity | € 17,495 | € 25,938 | € -5,868 | € -75,128 | ▼ € 69,260 |
| Total debts | € 37,208 | € 15,980 | € 16,607 | € 186,994 | ▲ € 170,387 |
| Cash | € 25,050 | € 12,664 | € 78 | € 5,401 | ▲ € 5,323 |
| Retained profit | € 12,495 | € 20,938 | € -10,868 | € -80,128 | ▼ € 69,260 |
| Balance sheet total | € 54,703 | € 41,918 | € 10,739 | € 111,867 | ▲ € 101,127 |
Key figures of CIE KORAAL, 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 CIE KORAAL?
What happened at CIE KORAAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 69,260. filed late Source: NBB ↗
- New establishment in Aywaille. KBO
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 375 loss in 2022 to € 69,260 loss in 2025.
Paid € 4,377 in corporate taxes since 2022.
Best year ever: 2023, with € 8,443 profit.
Management
Behind CIE KORAAL are Aike RAES and Carlo DRAPPIER.
Directors
According to the 2025 annual accounts
Aike RAES
Director
Carlo DRAPPIER
Director
Establishments
Establishment units
Physical locations of this company
Duinenwater 108 box 21
8300 Knokke-Heist
Rue du Château 7
4920 Aywaille
Active since 1 June 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.473.673
- VAT number
- BE 0759.473.673
- Registered office
- Duinenwater 108 bus 21, 8300 Knokke-Heist
- Names & denominations
- CIE KORAAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2020
- Peppol
- Active · Active since 29 Mar 2025
- Contact
- [email protected]
- Activities · NACE
Gites, vakantiewoningen en -appartementen
Organisatie van congressen en beurzen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen