Financials
Financial year 2025
Correct-Services from Evergem, company number BE0816952707, closed financial year 2025 with a result of € 455,785 after tax. For that financial year Correct-Services recorded a gross margin of € 1.8 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 458,875 to € 455,785. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 2.5 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 455,785
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 221,688
▲ 12% 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 € 2.5 million.
People and assets in 2025
12.3
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 910,204
▲ 5% vs 2024
€ 74,000 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.
€ 207,096
▲ 18% vs 2024
Of which on lease € 39,331.
Debts at end 2025
€ 1.3 million
▼ 17% vs 2024
€ 258,353 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 111,896
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 123,727
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,316,289 | € 1,621,143 | € 1,770,582 | € 1,766,419 | |
| Profit after taxes | € 206,980 | € 352,608 | € 458,875 | € 455,785 | ▼ 1% |
| Equity | € 1,672,338 | € 1,833,113 | € 2,065,344 | € 2,521,129 | ▲ 22% |
| Total debts | € 1,926,606 | € 2,166,769 | € 2,032,990 | € 1,582,702 | ▼ 22% |
| Cash | € 262,069 | € 144,693 | € 197,362 | € 221,688 | ▲ 12% |
| Land & buildings | € 1,070,175 | € 1,118,701 | € 1,074,462 | € 1,007,992 | ▼ 6% |
| Retained profit | € 1,653,738 | € 1,819,713 | € 2,051,944 | € 2,507,729 | ▲ 22% |
| Dividend | € 190,993 | € 0 | € 226,644 | € 0 | ▼ 100% |
| Bank debt | € 1,379,274 | € 1,768,123 | € 1,576,517 | € 1,313,494 | ▼ 17% |
| Balance sheet total | € 3,638,944 | € 4,028,572 | € 4,098,335 | € 4,103,831 | |
| Employees (FTE) | 12 | 11.9 | 11.7 | 12.3 | ▲ 0.6 |
Key figures of Correct-Services, 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 Correct-Services?
What happened at Correct-Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 455,785 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 206,980 profit in 2022 to € 455,785 profit in 2025.
Paid € 561,531 in corporate taxes since 2022.
Best year ever: 2024, with € 458,875 profit.
On average € 143,600 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Baron Van Loolaan 8
9940 Evergem
Industrieweg 122/N
9032 Gent
Active since 30 June 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Details
- Company number
- 0816.952.707
- VAT number
- BE 0816.952.707
- Registered office
- Baron Van Loolaan 8, 9940 Evergem
- Names & denominations
- Correct-Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2009
- Peppol
- Active · Active since 30 Jan 2025
- Contact
- correctservices.be +32 478 93 60 42
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