Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.4 to 4.6.
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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Cordis Belgium from Machelen (Brab.), company number BE0766891106, closed financial year 2025 with a result of € 112,478 after tax. For that financial year Cordis Belgium recorded revenue of € 5.8 million and equity of € 367,450. Compared with financial year 2023, the result moved from € 55,761 to € 112,478. 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 February 3, 2026.
€ 367,450
▲ 134% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 112,478
▲ 102% vs 2023
Profit after tax over the fiscal year.
€ 331,996
▼ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 267,450.
People and assets in 2025
4.6
▼ 2.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 814,783
▼ 36% vs 2023
€ 177,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.5 million
▼ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 253,052
▲ 12% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Revenue | - | - | € 5,842,670 | |
| Gross margin | € 1,668,972 | € 1,637,007 | € 1,328,291 | ▼ 19% |
| Profit after taxes | € 1,563 | € 55,761 | € 112,478 | ▲ 102% |
| Equity | € 101,563 | € 157,324 | € 367,450 | ▲ 134% |
| Total debts | € 3,676,151 | € 3,143,441 | € 1,845,281 | ▼ 41% |
| Cash | € 783,383 | € 380,051 | € 331,996 | ▼ 13% |
| Retained profit | € 1,563 | € 57,324 | € 267,450 | ▲ € 210,126 |
| Balance sheet total | € 3,950,517 | € 3,303,981 | € 2,212,731 | ▼ 33% |
| Employees (FTE) | 8.4 | 6.7 | 4.6 | ▼ 2.1 |
Key figures of Cordis Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Cordis Belgium?
What happened at Cordis Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Pieter Dewandeleer became a director. NBB
- Xoual Pierre Alain became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,563 profit in 2022 to € 112,478 profit in 2025.
Paid € 120,783 in corporate taxes since 2022.
Best year ever: 2025, with € 112,478 profit.
On average € 288,800 of value added per employee in 2025.
A new publication or filing at Cordis Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Cordis Belgium are Xoual Pierre Alain and Pieter Dewandeleer. The shares are held by Cordis Medical Holdings Unlimited Company (100%).
Directors
According to the 2025 annual accounts
Xoual Pierre Alain
Director
since 2021
Pieter Dewandeleer
Managing director
since 2023
Shareholders
Cordis Medical Holdings Unlimited Company
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leonardo da Vincilaan 19A
1831 Machelen (Brab.)
Terhulpsesteenweg 166 box 25
1170 Watermaal-Bosvoorde
Active since 19 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →McDonald's Restaurants Belgium
MIRKO
€ -27,401 gross margin · 2025
THE CAPITAL MARKETS COMPANY
€ 8.6 million revenue · 2025
AGILENT TECHNOLOGIES BELGIUM
€ 60 million revenue · 2025
Cardinal Health Belgium 505
€ 10.9 million revenue · 2025
+21 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
- 0766.891.106
- VAT number
- BE 0766.891.106
- Registered office
- Leonardo da Vincilaan 19A, 1831 Machelen (Brab.)
- Names & denominations
- Cordis Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2021
- Peppol
- Not registered
- Activities · NACE
Groothandel in farmaceutische en medische artikelen